What is Global Twist Film Market?
The Global Twist Film Market refers to the industry that produces and sells twist films, which are specialized packaging materials primarily used for wrapping candies, confectioneries, and other small items. Twist films are known for their ability to twist and hold their shape without the need for additional adhesives, making them ideal for packaging products that require a secure yet easily accessible wrapping. These films are typically made from materials like PET (Polyethylene Terephthalate) and PVC (Polyvinyl Chloride), which offer excellent clarity, strength, and flexibility. The market for twist films is driven by the growing demand for convenient and attractive packaging solutions in the food and confectionery industries. Additionally, the increasing focus on sustainability and the development of eco-friendly twist films are expected to further boost the market growth. The global twist film market is characterized by a diverse range of products, catering to various applications and consumer preferences.
PET, PVC in the Global Twist Film Market:
PET (Polyethylene Terephthalate) and PVC (Polyvinyl Chloride) are two of the most commonly used materials in the global twist film market. PET is a type of plastic that is widely used due to its excellent clarity, strength, and recyclability. It is known for its ability to provide a high-quality finish, making it an ideal choice for packaging products that require a visually appealing presentation. PET twist films are also resistant to moisture and chemicals, which helps in preserving the freshness and quality of the packaged products. On the other hand, PVC is another popular material used in the production of twist films. PVC is known for its flexibility, durability, and cost-effectiveness. It offers good barrier properties, which help in protecting the contents from external factors such as air, moisture, and contaminants. PVC twist films are also easy to process and can be customized to meet specific packaging requirements. However, PVC has faced criticism due to environmental concerns, as it is not as easily recyclable as PET. Despite this, PVC remains a widely used material in the twist film market due to its versatility and affordability. Both PET and PVC twist films are used in various applications, including candy and confectionery packaging, where they provide an attractive and functional solution for wrapping products. The choice between PET and PVC often depends on factors such as the desired appearance, cost considerations, and environmental impact. As the demand for sustainable packaging solutions continues to grow, manufacturers are exploring alternatives to traditional PET and PVC twist films, such as biodegradable and compostable materials. These eco-friendly options aim to reduce the environmental footprint of packaging while maintaining the desired properties of twist films. Overall, PET and PVC play a significant role in the global twist film market, offering a range of benefits and applications for various industries.
Candy, Confectionery, Other in the Global Twist Film Market:
The global twist film market finds extensive usage in the packaging of candies, confectioneries, and other small items. In the candy industry, twist films are widely used to wrap individual pieces of candy, providing an attractive and protective packaging solution. The ability of twist films to hold their shape without the need for additional adhesives makes them ideal for wrapping candies, as they ensure that the packaging remains intact and the candy is easily accessible. Twist films also offer excellent clarity, allowing consumers to see the product inside, which enhances the visual appeal and helps in attracting customers. In the confectionery industry, twist films are used to package a variety of products, including chocolates, toffees, and other sweet treats. The flexibility and strength of twist films make them suitable for wrapping confectioneries of different shapes and sizes, ensuring that the packaging remains secure and the product is protected from external factors such as moisture and contaminants. Additionally, twist films can be customized with various designs and colors, allowing confectionery manufacturers to create eye-catching packaging that stands out on store shelves. Apart from candies and confectioneries, twist films are also used in the packaging of other small items, such as toys, gifts, and promotional products. The versatility of twist films makes them a popular choice for packaging a wide range of products, providing a convenient and attractive solution for both manufacturers and consumers. The growing demand for convenient and visually appealing packaging solutions in various industries is expected to drive the usage of twist films in the global market.
Global Twist Film Market Outlook:
The global twist film market was valued at approximately $102 million in 2023 and is projected to reach around $126 million by 2030, reflecting a compound annual growth rate (CAGR) of 2.6% during the forecast period from 2024 to 2030. This growth can be attributed to the increasing demand for convenient and attractive packaging solutions in the food and confectionery industries. Twist films, known for their ability to twist and hold their shape without the need for additional adhesives, are widely used for wrapping candies, confectioneries, and other small items. The market is also driven by the development of eco-friendly twist films, which cater to the growing focus on sustainability. As consumers become more conscious of environmental issues, the demand for sustainable packaging solutions is expected to rise, further boosting the growth of the global twist film market. The market is characterized by a diverse range of products, catering to various applications and consumer preferences. Overall, the global twist film market is poised for steady growth, driven by the increasing demand for convenient and visually appealing packaging solutions and the development of sustainable alternatives.
| Report Metric | Details |
| Report Name | Twist Film Market |
| Accounted market size in 2023 | US$ 102 million |
| Forecasted market size in 2030 | US$ 126 million |
| CAGR | 2.6% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
|
| Segment by Application |
|
| Production by Region |
|
| Consumption by Region |
|
| By Company | Polyplex, Jindal, SRF, Uflex, Nuroll, Jiangsu Shuangxing, Jiangsu Xingye, Kanghui Petrochemical, Ouya (Cifu), Billion Indusrial Hildings, Ningbo Jinyuan, Shaoxing Weiming, Shaoxing Xiangyu, DDN, Jianyuanchun, Fuweifilm, Qiangmeng Industry, Jiangsu Yuxing |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
