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Shrink Film Market By Material Type, By Thickness, By Packaging Application, By End Use: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 538 Pages
  • September 2022
  • Region: Global
  • Allied Market Research
  • ID: 5713087
The global shrink film market size was valued at $4.7 billion in 2021, and projected to reach $8.0 billion by 2031, with a CAGR of 5.4% from 2022 to 2031.

Shrink film is a material made up of polymer plastic film. When heat is applied, it shrinks tightly over whatever it is covering. Heat can be applied with a handheld heat gun (electric or gas), or the product and film can pass through a heat tunnel on a conveyor.

Shrink film wraps are thin plastic films typically used for sealing food items in containers to keep them fresh over a longer period of time. The presence of massive transformation in every sector, be it hypermarkets or retail E-Commerce. Manufacturers and retailers invest and put significant amount of efforts for their products so that they can meet the performance goals. Faulty packaging can affect consumers’ choice for a lifetime. Bag packaging of shrink films are mostly used in the packing of food products such as meat, bread, and other products which need tight sealing of the product from atmosphere in order to retain the freshness. In addition, it is also used in the packaging of boxes which are put in the transportation in trains and other moving services to protect the customer products.

Electronic packaging is defined as design and production of enclosures for electronic devices ranging from individual semiconductors to complete systems such as mainframe computer. This protects from mechanical damage, cooling, radio frequency noise emission, and electrostatic discharge. Efficient electronic and semiconductor packaging is used during manufacture of consumer electronic products such as smartphones, TVs, tablets, set-top boxes, digital media adapters to protect from electrostatic discharge, water, harsh weather condition, corrosion, and dust. Rise in adoption of consumer electronic devices such as smartphones, tablets, wearable devices, television and digital cameras containing innovative packaging products such as air bubble wraps and air pillows to protect from harsh weather conditions primarily drive the market growth. In addition, demand for all-weather protective packaging for fragile electronic products such as routers, network servers, and sensors further fuels the electronic packaging in shrink film market.

Europe also accounted for a significant share of the global market revenue in 2021. The presence of developed countries in this region such as Germany, UK, and other has led to increase in the utilization of shrink films in the packaging industry. Being a developed region and consumers which high level of education compared to other parts of the world has led to the demand for various electronic products in order to seek comfortable life. The presence of demand for consumer electronics and other goods through e-commerce such as Amazon, E-Bay in this region will increase the demand for shrink films as they are used in packaging industry. On the other hand, the market in Asia Pacific is estimated to register the fastest growth rate over the forecast period.

The shrink film market is segmented on the basis of material type, thickness, packaging application, end-use and region. On the basis of material type, it is classified into polyvinyl chloride (PVC), polyolefin (POF), polyethylene (PE), and others. In material type, the polyethylene segment is further divided into High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), and Linear Low-Density Polyethylene (LLDPE). On the basis of thickness, the market is categorized into Less than 50 micron, 50-100 micron, 100-150 micron, and Above 150 micron. On the basis of packaging application, the market is fragmented into wraps, bags, and labels. On the basis of end-use, the market is segmented into food, beverages, healthcare and pharmaceuticals, electronics and electricals, and others. Furthermore, the food segment is further segregated into meat, poultry, and seafood, snacks, bakery and confectionary, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Asia-Pacific accounts for the largest share of the market, followed by Europe and North America.

Impact of Covid-19 on Global Shrink Film Market

The global COVID-19 pandemic has negative impact on the shrink film market. The outbreak of the COVID-19 pandemic in 2020 positively affected the ready-to-eat food segment due to the government restrictions and consumer apprehensions about having outside food. The pandemic has compelled consumers to focus on safety and hygiene, which has made packaged food a preferential choice over food cooked in restaurants. The lockdown restrictions severely impacted the sales of the foodervice industry, which resulted in a decline in sales of packaging materials such as shrink films.

With the ease in lockdown norms, the various industries started to produce products which are in huge demand for consumers. Food & beverage industries have started production of snacks and other food items. The increase in the demand for fast food and rise in awareness among the people regarding the importance of packaging of food materials during pandemic outbreak is also another factor which led to surge in shrink film industry.

Competitive Landscape.

The major companies profiled in this report include Intertape Polymer Group Inc., Sealed Air Corporation, SYFAN USA, Clysar, Bollore Group, Kureha Corporation, Winpak Ltd., Flexopack S.A., Coveris Holdings S.A., PREMIUMPACK GmbH, Schur Flexibles Group, Kuplast Matejka Kumar S.P., Buergofol GmbH, Atlantis-Pak Co. Ltd., and Crawford Packaging. Additional growth strategies such as expansion of storage capacities, acquisition, partnership and research & innovation in the customized packaging technologies for medical and personal care products have led to attain key developments in the global shrink film market trends.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the shrink film market analysis from 2021 to 2031 to identify the prevailing shrink film market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the shrink film market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global shrink film market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Packaging Application

  • Wraps
  • Bags
  • Labels

By End Use

  • Food
  • Type
  • Meat, Poultry and Seafood
  • Snacks
  • Bakery and Confectionary
  • Others
  • Beverages
  • Healthcare and Pharmaceuticals
  • Electronics and Electricals
  • Food

By Material Type

  • Polyvinyl Chloride (PVC)
  • Polyolefin (POF)
  • Polyethylene (PE)
  • Type
  • High-Density Polyethylene (HDPE)
  • Low-Density Polyethylene (LDPE)
  • Linear Low-Density Polyethylene (LLDPE)
  • Others

By Thickness

  • Less than 50 micron
  • 50-100 micron
  • 100-150 micron
  • Above 150 micron

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest Of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest Of Asia-Pacific
  • LAMEA
  • Brazil
  • Turkey
  • Saudi Arabia
  • Rest Of LAMEA

Key Market Players

  • Intertape Polymer Group Inc.
  • Sealed Air Corporation
  • SYFAN USA
  • Clysar
  • Bollore Group
  • Kureha Corporation
  • Winpak Ltd.
  • Flexopack S.A.
  • Coveris Holdings S.A.
  • PREMIUMPACK GmbH
  • Schur Flexibles Group
  • Kuplast Matejka Kumar S.P.
  • Buergofol GmbH
  • Atlantis-Pak Co. Ltd.
  • Crawford Packaging

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Pricing Analysis
3.8. Value Chain Analysis
3.9. Key Regulation Analysis
3.10. Patent Landscape

CHAPTER 4: SHRINK FILM MARKET, BY MATERIAL TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Polyvinyl Chloride (PVC)
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Polyolefin (POF)
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Polyethylene (PE)
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
4.4.4 Polyethylene (PE) Shrink Film Market by Type
4.4.4.1 High-Density Polyethylene (HDPE) Market size and forecast, by region
4.4.4.2 High-Density Polyethylene (HDPE) Market size and forecast, by country
4.4.4.3 Low-Density Polyethylene (LDPE) Market size and forecast, by region
4.4.4.4 Low-Density Polyethylene (LDPE) Market size and forecast, by country
4.4.4.5 Linear Low-Density Polyethylene (LLDPE) Market size and forecast, by region
4.4.4.6 Linear Low-Density Polyethylene (LLDPE) Market size and forecast, by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market share analysis by country

CHAPTER 5: SHRINK FILM MARKET, BY THICKNESS
5.1 Overview
5.1.1 Market size and forecast
5.2 Less than 50 micron
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 50-100 micron
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 100-150 micron
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5 Above 150 micron
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country

CHAPTER 6: SHRINK FILM MARKET, BY PACKAGING APPLICATION
6.1 Overview
6.1.1 Market size and forecast
6.2 Wraps
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Bags
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4 Labels
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country

CHAPTER 7: SHRINK FILM MARKET, BY END USE
7.1 Overview
7.1.1 Market size and forecast
7.2 Food
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market share analysis by country
7.2.4 Food Shrink Film Market by Type
7.2.4.1 Meat, Poultry and Seafood Market size and forecast, by region
7.2.4.2 Meat, Poultry and Seafood Market size and forecast, by country
7.2.4.3 Snacks Market size and forecast, by region
7.2.4.4 Snacks Market size and forecast, by country
7.2.4.5 Bakery and Confectionary Market size and forecast, by region
7.2.4.6 Bakery and Confectionary Market size and forecast, by country
7.2.4.7 Others Market size and forecast, by region
7.2.4.8 Others Market size and forecast, by country
7.3 Beverages
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market share analysis by country
7.4 Healthcare and Pharmaceuticals
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market share analysis by country
7.5 Electronics and Electricals
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market share analysis by country
7.6 Others
7.6.1 Key market trends, growth factors and opportunities
7.6.2 Market size and forecast, by region
7.6.3 Market share analysis by country

CHAPTER 8: SHRINK FILM MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Material Type
8.2.2.1 North America Polyethylene (PE) Shrink Film Market by Type
8.2.3 North America Market size and forecast, by Thickness
8.2.4 North America Market size and forecast, by Packaging Application
8.2.5 North America Market size and forecast, by End Use
8.2.5.1 North America Food Shrink Film Market by Type
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Key market trends, growth factors and opportunities
8.2.6.1.2 Market size and forecast, by Material Type
8.2.6.1.2.1 U.S. Polyethylene (PE) Shrink Film Market by Type
8.2.6.1.3 Market size and forecast, by Thickness
8.2.6.1.4 Market size and forecast, by Packaging Application
8.2.6.1.5 Market size and forecast, by End Use
8.2.6.1.5.1 U.S. Food Shrink Film Market by Type
8.2.6.2 Canada
8.2.6.2.1 Key market trends, growth factors and opportunities
8.2.6.2.2 Market size and forecast, by Material Type
8.2.6.2.2.1 Canada Polyethylene (PE) Shrink Film Market by Type
8.2.6.2.3 Market size and forecast, by Thickness
8.2.6.2.4 Market size and forecast, by Packaging Application
8.2.6.2.5 Market size and forecast, by End Use
8.2.6.2.5.1 Canada Food Shrink Film Market by Type
8.2.6.3 Mexico
8.2.6.3.1 Key market trends, growth factors and opportunities
8.2.6.3.2 Market size and forecast, by Material Type
8.2.6.3.2.1 Mexico Polyethylene (PE) Shrink Film Market by Type
8.2.6.3.3 Market size and forecast, by Thickness
8.2.6.3.4 Market size and forecast, by Packaging Application
8.2.6.3.5 Market size and forecast, by End Use
8.2.6.3.5.1 Mexico Food Shrink Film Market by Type
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Material Type
8.3.2.1 Europe Polyethylene (PE) Shrink Film Market by Type
8.3.3 Europe Market size and forecast, by Thickness
8.3.4 Europe Market size and forecast, by Packaging Application
8.3.5 Europe Market size and forecast, by End Use
8.3.5.1 Europe Food Shrink Film Market by Type
8.3.6 Europe Market size and forecast, by country
8.3.6.1 Germany
8.3.6.1.1 Key market trends, growth factors and opportunities
8.3.6.1.2 Market size and forecast, by Material Type
8.3.6.1.2.1 Germany Polyethylene (PE) Shrink Film Market by Type
8.3.6.1.3 Market size and forecast, by Thickness
8.3.6.1.4 Market size and forecast, by Packaging Application
8.3.6.1.5 Market size and forecast, by End Use
8.3.6.1.5.1 Germany Food Shrink Film Market by Type
8.3.6.2 UK
8.3.6.2.1 Key market trends, growth factors and opportunities
8.3.6.2.2 Market size and forecast, by Material Type
8.3.6.2.2.1 UK Polyethylene (PE) Shrink Film Market by Type
8.3.6.2.3 Market size and forecast, by Thickness
8.3.6.2.4 Market size and forecast, by Packaging Application
8.3.6.2.5 Market size and forecast, by End Use
8.3.6.2.5.1 UK Food Shrink Film Market by Type
8.3.6.3 France
8.3.6.3.1 Key market trends, growth factors and opportunities
8.3.6.3.2 Market size and forecast, by Material Type
8.3.6.3.2.1 France Polyethylene (PE) Shrink Film Market by Type
8.3.6.3.3 Market size and forecast, by Thickness
8.3.6.3.4 Market size and forecast, by Packaging Application
8.3.6.3.5 Market size and forecast, by End Use
8.3.6.3.5.1 France Food Shrink Film Market by Type
8.3.6.4 Italy
8.3.6.4.1 Key market trends, growth factors and opportunities
8.3.6.4.2 Market size and forecast, by Material Type
8.3.6.4.2.1 Italy Polyethylene (PE) Shrink Film Market by Type
8.3.6.4.3 Market size and forecast, by Thickness
8.3.6.4.4 Market size and forecast, by Packaging Application
8.3.6.4.5 Market size and forecast, by End Use
8.3.6.4.5.1 Italy Food Shrink Film Market by Type
8.3.6.5 Spain
8.3.6.5.1 Key market trends, growth factors and opportunities
8.3.6.5.2 Market size and forecast, by Material Type
8.3.6.5.2.1 Spain Polyethylene (PE) Shrink Film Market by Type
8.3.6.5.3 Market size and forecast, by Thickness
8.3.6.5.4 Market size and forecast, by Packaging Application
8.3.6.5.5 Market size and forecast, by End Use
8.3.6.5.5.1 Spain Food Shrink Film Market by Type
8.3.6.6 Rest of Europe
8.3.6.6.1 Key market trends, growth factors and opportunities
8.3.6.6.2 Market size and forecast, by Material Type
8.3.6.6.2.1 Rest of Europe Polyethylene (PE) Shrink Film Market by Type
8.3.6.6.3 Market size and forecast, by Thickness
8.3.6.6.4 Market size and forecast, by Packaging Application
8.3.6.6.5 Market size and forecast, by End Use
8.3.6.6.5.1 Rest of Europe Food Shrink Film Market by Type
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Material Type
8.4.2.1 Asia-Pacific Polyethylene (PE) Shrink Film Market by Type
8.4.3 Asia-Pacific Market size and forecast, by Thickness
8.4.4 Asia-Pacific Market size and forecast, by Packaging Application
8.4.5 Asia-Pacific Market size and forecast, by End Use
8.4.5.1 Asia-Pacific Food Shrink Film Market by Type
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Key market trends, growth factors and opportunities
8.4.6.1.2 Market size and forecast, by Material Type
8.4.6.1.2.1 China Polyethylene (PE) Shrink Film Market by Type
8.4.6.1.3 Market size and forecast, by Thickness
8.4.6.1.4 Market size and forecast, by Packaging Application
8.4.6.1.5 Market size and forecast, by End Use
8.4.6.1.5.1 China Food Shrink Film Market by Type
8.4.6.2 Japan
8.4.6.2.1 Key market trends, growth factors and opportunities
8.4.6.2.2 Market size and forecast, by Material Type
8.4.6.2.2.1 Japan Polyethylene (PE) Shrink Film Market by Type
8.4.6.2.3 Market size and forecast, by Thickness
8.4.6.2.4 Market size and forecast, by Packaging Application
8.4.6.2.5 Market size and forecast, by End Use
8.4.6.2.5.1 Japan Food Shrink Film Market by Type
8.4.6.3 India
8.4.6.3.1 Key market trends, growth factors and opportunities
8.4.6.3.2 Market size and forecast, by Material Type
8.4.6.3.2.1 India Polyethylene (PE) Shrink Film Market by Type
8.4.6.3.3 Market size and forecast, by Thickness
8.4.6.3.4 Market size and forecast, by Packaging Application
8.4.6.3.5 Market size and forecast, by End Use
8.4.6.3.5.1 India Food Shrink Film Market by Type
8.4.6.4 South Korea
8.4.6.4.1 Key market trends, growth factors and opportunities
8.4.6.4.2 Market size and forecast, by Material Type
8.4.6.4.2.1 South Korea Polyethylene (PE) Shrink Film Market by Type
8.4.6.4.3 Market size and forecast, by Thickness
8.4.6.4.4 Market size and forecast, by Packaging Application
8.4.6.4.5 Market size and forecast, by End Use
8.4.6.4.5.1 South Korea Food Shrink Film Market by Type
8.4.6.5 Rest of Asia-Pacific
8.4.6.5.1 Key market trends, growth factors and opportunities
8.4.6.5.2 Market size and forecast, by Material Type
8.4.6.5.2.1 Rest of Asia-Pacific Polyethylene (PE) Shrink Film Market by Type
8.4.6.5.3 Market size and forecast, by Thickness
8.4.6.5.4 Market size and forecast, by Packaging Application
8.4.6.5.5 Market size and forecast, by End Use
8.4.6.5.5.1 Rest of Asia-Pacific Food Shrink Film Market by Type
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Material Type
8.5.2.1 LAMEA Polyethylene (PE) Shrink Film Market by Type
8.5.3 LAMEA Market size and forecast, by Thickness
8.5.4 LAMEA Market size and forecast, by Packaging Application
8.5.5 LAMEA Market size and forecast, by End Use
8.5.5.1 LAMEA Food Shrink Film Market by Type
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Brazil
8.5.6.1.1 Key market trends, growth factors and opportunities
8.5.6.1.2 Market size and forecast, by Material Type
8.5.6.1.2.1 Brazil Polyethylene (PE) Shrink Film Market by Type
8.5.6.1.3 Market size and forecast, by Thickness
8.5.6.1.4 Market size and forecast, by Packaging Application
8.5.6.1.5 Market size and forecast, by End Use
8.5.6.1.5.1 Brazil Food Shrink Film Market by Type
8.5.6.2 Turkey
8.5.6.2.1 Key market trends, growth factors and opportunities
8.5.6.2.2 Market size and forecast, by Material Type
8.5.6.2.2.1 Turkey Polyethylene (PE) Shrink Film Market by Type
8.5.6.2.3 Market size and forecast, by Thickness
8.5.6.2.4 Market size and forecast, by Packaging Application
8.5.6.2.5 Market size and forecast, by End Use
8.5.6.2.5.1 Turkey Food Shrink Film Market by Type
8.5.6.3 Saudi Arabia
8.5.6.3.1 Key market trends, growth factors and opportunities
8.5.6.3.2 Market size and forecast, by Material Type
8.5.6.3.2.1 Saudi Arabia Polyethylene (PE) Shrink Film Market by Type
8.5.6.3.3 Market size and forecast, by Thickness
8.5.6.3.4 Market size and forecast, by Packaging Application
8.5.6.3.5 Market size and forecast, by End Use
8.5.6.3.5.1 Saudi Arabia Food Shrink Film Market by Type
8.5.6.4 Rest of LAMEA
8.5.6.4.1 Key market trends, growth factors and opportunities
8.5.6.4.2 Market size and forecast, by Material Type
8.5.6.4.2.1 Rest of LAMEA Polyethylene (PE) Shrink Film Market by Type
8.5.6.4.3 Market size and forecast, by Thickness
8.5.6.4.4 Market size and forecast, by Packaging Application
8.5.6.4.5 Market size and forecast, by End Use
8.5.6.4.5.1 Rest of LAMEA Food Shrink Film Market by Type

CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments

CHAPTER 10: COMPANY PROFILES
10.1 Intertape Polymer Group Inc.
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Sealed Air Corporation
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 SYFAN USA
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Clysar
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Bollore Group
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Kureha Corporation
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Winpak Ltd.
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Flexopack S. A.
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Coveris Holdings S. A.
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 PREMIUMPACK GmbH
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 Schur Flexibles Group
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
10.12 Kuplast Matejka Kumar S. P.
10.12.1 Company overview
10.12.2 Company snapshot
10.12.3 Operating business segments
10.12.4 Product portfolio
10.12.5 Business performance
10.12.6 Key strategic moves and developments
10.13 Buergofol GmbH
10.13.1 Company overview
10.13.2 Company snapshot
10.13.3 Operating business segments
10.13.4 Product portfolio
10.13.5 Business performance
10.13.6 Key strategic moves and developments
10.14 Atlantis-Pak Co. Ltd.
10.14.1 Company overview
10.14.2 Company snapshot
10.14.3 Operating business segments
10.14.4 Product portfolio
10.14.5 Business performance
10.14.6 Key strategic moves and developments
10.15 Crawford Packaging
10.15.1 Company overview
10.15.2 Company snapshot
10.15.3 Operating business segments
10.15.4 Product portfolio
10.15.5 Business performance
10.15.6 Key strategic moves and developments

List of Tables
Table 1. Global Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 2. Global Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 3. Shrink Film Market for Polyvinyl Chloride (Pvc), by Region, 2021-2031 (Revenue, $Million)
Table 4. Shrink Film Market for Polyvinyl Chloride (Pvc), by Region, 2021-2031 (Volume, Kiloton)
Table 5. Shrink Film Market for Polyvinyl Chloride (Pvc), by Country, 2021-2031 (Revenue, $Million)
Table 6. Shrink Film Market for Polyvinyl Chloride (Pvc), by Country, 2021-2031 (Volume, Kiloton)
Table 7. Shrink Film Market for Polyolefin (Pof), by Region, 2021-2031 (Revenue, $Million)
Table 8. Shrink Film Market for Polyolefin (Pof), by Region, 2021-2031 (Volume, Kiloton)
Table 9. Shrink Film Market for Polyolefin (Pof), by Country, 2021-2031 (Revenue, $Million)
Table 10. Shrink Film Market for Polyolefin (Pof), by Country, 2021-2031 (Volume, Kiloton)
Table 11. Shrink Film Market for Polyethylene (Pe), by Region, 2021-2031 (Revenue, $Million)
Table 12. Shrink Film Market for Polyethylene (Pe), by Region, 2021-2031 (Volume, Kiloton)
Table 13. Shrink Film Market for Polyethylene (Pe), by Country, 2021-2031 (Revenue, $Million)
Table 14. Shrink Film Market for Polyethylene (Pe), by Country, 2021-2031 (Volume, Kiloton)
Table 15. Global Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 16. Global Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 17. Shrink Film Market for High-Density Polyethylene (Hdpe), by Region, 2021-2031 (Revenue, $Million)
Table 18. Shrink Film Market for High-Density Polyethylene (Hdpe), by Region, 2021-2031 (Volume, Kiloton)
Table 19. Shrink Film Market for High-Density Polyethylene (Hdpe), by Country, 2021-2031 (Revenue, $Million)
Table 20. Shrink Film Market for High-Density Polyethylene (Hdpe), by Country, 2021-2031 (Volume, Kiloton)
Table 21. Shrink Film Market for Low-Density Polyethylene (Ldpe), by Region, 2021-2031 (Revenue, $Million)
Table 22. Shrink Film Market for Low-Density Polyethylene (Ldpe), by Region, 2021-2031 (Volume, Kiloton)
Table 23. Shrink Film Market for Low-Density Polyethylene (Ldpe), by Country, 2021-2031 (Revenue, $Million)
Table 24. Shrink Film Market for Low-Density Polyethylene (Ldpe), by Country, 2021-2031 (Volume, Kiloton)
Table 25. Shrink Film Market for Linear Low-Density Polyethylene (Lldpe), by Region, 2021-2031 (Revenue, $Million)
Table 26. Shrink Film Market for Linear Low-Density Polyethylene (Lldpe), by Region, 2021-2031 (Volume, Kiloton)
Table 27. Shrink Film Market for Linear Low-Density Polyethylene (Lldpe), by Country, 2021-2031 (Revenue, $Million)
Table 28. Shrink Film Market for Linear Low-Density Polyethylene (Lldpe), by Country, 2021-2031 (Volume, Kiloton)
Table 29. Shrink Film Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 30. Shrink Film Market for Others, by Region, 2021-2031 (Volume, Kiloton)
Table 31. Shrink Film Market for Others, by Country, 2021-2031 (Revenue, $Million)
Table 32. Shrink Film Market for Others, by Country, 2021-2031 (Volume, Kiloton)
Table 33. Global Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 34. Global Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 35. Shrink Film Market for Less Than 50 Micron, by Region, 2021-2031 (Revenue, $Million)
Table 36. Shrink Film Market for Less Than 50 Micron, by Region, 2021-2031 (Volume, Kiloton)
Table 37. Shrink Film Market for Less Than 50 Micron, by Country, 2021-2031 (Revenue, $Million)
Table 38. Shrink Film Market for Less Than 50 Micron, by Country, 2021-2031 (Volume, Kiloton)
Table 39. Shrink Film Market for 50-100 Micron, by Region, 2021-2031 (Revenue, $Million)
Table 40. Shrink Film Market for 50-100 Micron, by Region, 2021-2031 (Volume, Kiloton)
Table 41. Shrink Film Market for 50-100 Micron, by Country, 2021-2031 (Revenue, $Million)
Table 42. Shrink Film Market for 50-100 Micron, by Country, 2021-2031 (Volume, Kiloton)
Table 43. Shrink Film Market for 100-150 Micron, by Region, 2021-2031 (Revenue, $Million)
Table 44. Shrink Film Market for 100-150 Micron, by Region, 2021-2031 (Volume, Kiloton)
Table 45. Shrink Film Market for 100-150 Micron, by Country, 2021-2031 (Revenue, $Million)
Table 46. Shrink Film Market for 100-150 Micron, by Country, 2021-2031 (Volume, Kiloton)
Table 47. Shrink Film Market for Above 150 Micron, by Region, 2021-2031 (Revenue, $Million)
Table 48. Shrink Film Market for Above 150 Micron, by Region, 2021-2031 (Volume, Kiloton)
Table 49. Shrink Film Market for Above 150 Micron, by Country, 2021-2031 (Revenue, $Million)
Table 50. Shrink Film Market for Above 150 Micron, by Country, 2021-2031 (Volume, Kiloton)
Table 51. Global Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 52. Global Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 53. Shrink Film Market for Wraps, by Region, 2021-2031 (Revenue, $Million)
Table 54. Shrink Film Market for Wraps, by Region, 2021-2031 (Volume, Kiloton)
Table 55. Shrink Film Market for Wraps, by Country, 2021-2031 (Revenue, $Million)
Table 56. Shrink Film Market for Wraps, by Country, 2021-2031 (Volume, Kiloton)
Table 57. Shrink Film Market for Bags, by Region, 2021-2031 (Revenue, $Million)
Table 58. Shrink Film Market for Bags, by Region, 2021-2031 (Volume, Kiloton)
Table 59. Shrink Film Market for Bags, by Country, 2021-2031 (Revenue, $Million)
Table 60. Shrink Film Market for Bags, by Country, 2021-2031 (Volume, Kiloton)
Table 61. Shrink Film Market for Labels, by Region, 2021-2031 (Revenue, $Million)
Table 62. Shrink Film Market for Labels, by Region, 2021-2031 (Volume, Kiloton)
Table 63. Shrink Film Market for Labels, by Country, 2021-2031 (Revenue, $Million)
Table 64. Shrink Film Market for Labels, by Country, 2021-2031 (Volume, Kiloton)
Table 65. Global Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 66. Global Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 67. Shrink Film Market for Food, by Region, 2021-2031 (Revenue, $Million)
Table 68. Shrink Film Market for Food, by Region, 2021-2031 (Volume, Kiloton)
Table 69. Shrink Film Market for Food, by Country, 2021-2031 (Revenue, $Million)
Table 70. Shrink Film Market for Food, by Country, 2021-2031 (Volume, Kiloton)
Table 71. Global Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 72. Global Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 73. Shrink Film Market for Meat, Poultry and Seafood, by Region, 2021-2031 (Revenue, $Million)
Table 74. Shrink Film Market for Meat, Poultry and Seafood, by Region, 2021-2031 (Volume, Kiloton)
Table 75. Shrink Film Market for Meat, Poultry and Seafood, by Country, 2021-2031 (Revenue, $Million)
Table 76. Shrink Film Market for Meat, Poultry and Seafood, by Country, 2021-2031 (Volume, Kiloton)
Table 77. Shrink Film Market for Snacks, by Region, 2021-2031 (Revenue, $Million)
Table 78. Shrink Film Market for Snacks, by Region, 2021-2031 (Volume, Kiloton)
Table 79. Shrink Film Market for Snacks, by Country, 2021-2031 (Revenue, $Million)
Table 80. Shrink Film Market for Snacks, by Country, 2021-2031 (Volume, Kiloton)
Table 81. Shrink Film Market for Bakery and Confectionary, by Region, 2021-2031 (Revenue, $Million)
Table 82. Shrink Film Market for Bakery and Confectionary, by Region, 2021-2031 (Volume, Kiloton)
Table 83. Shrink Film Market for Bakery and Confectionary, by Country, 2021-2031 (Revenue, $Million)
Table 84. Shrink Film Market for Bakery and Confectionary, by Country, 2021-2031 (Volume, Kiloton)
Table 85. Shrink Film Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 86. Shrink Film Market for Others, by Region, 2021-2031 (Volume, Kiloton)
Table 87. Shrink Film Market for Others, by Country, 2021-2031 (Revenue, $Million)
Table 88. Shrink Film Market for Others, by Country, 2021-2031 (Volume, Kiloton)
Table 89. Shrink Film Market for Beverages, by Region, 2021-2031 (Revenue, $Million)
Table 90. Shrink Film Market for Beverages, by Region, 2021-2031 (Volume, Kiloton)
Table 91. Shrink Film Market for Beverages, by Country, 2021-2031 (Revenue, $Million)
Table 92. Shrink Film Market for Beverages, by Country, 2021-2031 (Volume, Kiloton)
Table 93. Shrink Film Market for Healthcare and Pharmaceuticals, by Region, 2021-2031 (Revenue, $Million)
Table 94. Shrink Film Market for Healthcare and Pharmaceuticals, by Region, 2021-2031 (Volume, Kiloton)
Table 95. Shrink Film Market for Healthcare and Pharmaceuticals, by Country, 2021-2031 (Revenue, $Million)
Table 96. Shrink Film Market for Healthcare and Pharmaceuticals, by Country, 2021-2031 (Volume, Kiloton)
Table 97. Shrink Film Market for Electronics and Electricals, by Region, 2021-2031 (Revenue, $Million)
Table 98. Shrink Film Market for Electronics and Electricals, by Region, 2021-2031 (Volume, Kiloton)
Table 99. Shrink Film Market for Electronics and Electricals, by Country, 2021-2031 (Revenue, $Million)
Table 100. Shrink Film Market for Electronics and Electricals, by Country, 2021-2031 (Volume, Kiloton)
Table 101. Shrink Film Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 102. Shrink Film Market for Others, by Region, 2021-2031 (Volume, Kiloton)
Table 103. Shrink Film Market for Others, by Country, 2021-2031 (Revenue, $Million)
Table 104. Shrink Film Market for Others, by Country, 2021-2031 (Volume, Kiloton)
Table 105. Shrink Film Market, by Region, 2021-2031 (Revenue, $Million)
Table 106. Shrink Film Market, by Region, 2021-2031 (Volume, Kiloton)
Table 107. North America Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 108. North America Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 109. North America Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 110. North America Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 111. North America Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 112. North America Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 113. North America Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 114. North America Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 115. North America Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 116. North America Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 117. North America Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 118. North America Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 119. North America Shrink Film Market, by Country, 2021-2031 (Revenue, $Million)
Table 120. North America Shrink Film Market, by Country, 2021-2031 (Volume, Kiloton)
Table 121. U.S. Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 122. U.S. Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 123. U.S. Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 124. U.S. Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 125. U.S. Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 126. U.S. Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 127. U.S. Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 128. U.S. Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 129. U.S. Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 130. U.S. Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 131. U.S. Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 132. U.S. Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 133. Canada Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 134. Canada Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 135. Canada Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 136. Canada Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 137. Canada Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 138. Canada Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 139. Canada Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 140. Canada Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 141. Canada Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 142. Canada Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 143. Canada Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 144. Canada Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 145. Mexico Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 146. Mexico Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 147. Mexico Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 148. Mexico Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 149. Mexico Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 150. Mexico Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 151. Mexico Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 152. Mexico Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 153. Mexico Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 154. Mexico Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 155. Mexico Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 156. Mexico Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 157. Europe Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 158. Europe Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 159. Europe Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 160. Europe Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 161. Europe Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 162. Europe Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 163. Europe Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 164. Europe Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 165. Europe Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 166. Europe Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 167. Europe Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 168. Europe Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 169. Europe Shrink Film Market, by Country, 2021-2031 (Revenue, $Million)
Table 170. Europe Shrink Film Market, by Country, 2021-2031 (Volume, Kiloton)
Table 171. Germany Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 172. Germany Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 173. Germany Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 174. Germany Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 175. Germany Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 176. Germany Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 177. Germany Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 178. Germany Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 179. Germany Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 180. Germany Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 181. Germany Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 182. Germany Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 183. UK Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 184. UK Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 185. UK Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 186. UK Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 187. UK Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 188. UK Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 189. UK Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 190. UK Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 191. UK Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 192. UK Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 193. UK Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 194. UK Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 195. France Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 196. France Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 197. France Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 198. France Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 199. France Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 200. France Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 201. France Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 202. France Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 203. France Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 204. France Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 205. France Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 206. France Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 207. Italy Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 208. Italy Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 209. Italy Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 210. Italy Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 211. Italy Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 212. Italy Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 213. Italy Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 214. Italy Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 215. Italy Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 216. Italy Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 217. Italy Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 218. Italy Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 219. Spain Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 220. Spain Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 221. Spain Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 222. Spain Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 223. Spain Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 224. Spain Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 225. Spain Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 226. Spain Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 227. Spain Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 228. Spain Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 229. Spain Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 230. Spain Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 231. Rest of Europe Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 232. Rest of Europe Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 233. Rest of Europe Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 234. Rest of Europe Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 235. Rest of Europe Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 236. Rest of Europe Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 237. Rest of Europe Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 238. Rest of Europe Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 239. Rest of Europe Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 240. Rest of Europe Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 241. Rest of Europe Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 242. Rest of Europe Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 243. Asia-Pacific Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 244. Asia-Pacific Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 245. Asia-Pacific Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 246. Asia-Pacific Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 247. Asia-Pacific Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 248. Asia-Pacific Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 249. Asia-Pacific Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 250. Asia-Pacific Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 251. Asia-Pacific Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 252. Asia-Pacific Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 253. Asia-Pacific Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 254. Asia-Pacific Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 255. Asia-Pacific Shrink Film Market, by Country, 2021-2031 (Revenue, $Million)
Table 256. Asia-Pacific Shrink Film Market, by Country, 2021-2031 (Volume, Kiloton)
Table 257. China Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 258. China Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 259. China Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 260. China Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 261. China Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 262. China Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 263. China Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 264. China Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 265. China Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 266. China Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 267. China Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 268. China Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 269. Japan Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 270. Japan Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 271. Japan Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 272. Japan Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 273. Japan Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 274. Japan Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 275. Japan Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 276. Japan Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 277. Japan Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 278. Japan Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 279. Japan Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 280. Japan Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 281. India Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 282. India Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 283. India Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 284. India Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 285. India Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 286. India Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 287. India Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 288. India Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 289. India Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 290. India Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 291. India Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 292. India Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 293. South Korea Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 294. South Korea Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 295. South Korea Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 296. South Korea Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 297. South Korea Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 298. South Korea Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 299. South Korea Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 300. South Korea Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 301. South Korea Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 302. South Korea Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 303. South Korea Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 304. South Korea Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 305. Rest of Asia-Pacific Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 306. Rest of Asia-Pacific Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 307. Rest of Asia-Pacific Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 308. Rest of Asia-Pacific Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 309. Rest of Asia-Pacific Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 310. Rest of Asia-Pacific Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 311. Rest of Asia-Pacific Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 312. Rest of Asia-Pacific Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 313. Rest of Asia-Pacific Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 314. Rest of Asia-Pacific Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 315. Rest of Asia-Pacific Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 316. Rest of Asia-Pacific Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 317. LAMEA Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 318. LAMEA Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 319. LAMEA Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 320. LAMEA Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 321. LAMEA Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 322. LAMEA Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 323. LAMEA Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 324. LAMEA Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 325. LAMEA Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 326. LAMEA Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 327. LAMEA Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 328. LAMEA Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 329. LAMEA Shrink Film Market, by Country, 2021-2031 (Revenue, $Million)
Table 330. LAMEA Shrink Film Market, by Country, 2021-2031 (Volume, Kiloton)
Table 331. Brazil Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 332. Brazil Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 333. Brazil Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 334. Brazil Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 335. Brazil Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 336. Brazil Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 337. Brazil Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 338. Brazil Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 339. Brazil Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 340. Brazil Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 341. Brazil Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 342. Brazil Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 343. Turkey Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 344. Turkey Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 345. Turkey Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 346. Turkey Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 347. Turkey Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 348. Turkey Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 349. Turkey Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 350. Turkey Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 351. Turkey Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 352. Turkey Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 353. Turkey Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 354. Turkey Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 355. Saudi Arabia Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 356. Saudi Arabia Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 357. Saudi Arabia Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 358. Saudi Arabia Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 359. Saudi Arabia Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 360. Saudi Arabia Shrink Film Market, by Thickness, 2021-2031 (Volume, Kiloton)
Table 361. Saudi Arabia Shrink Film Market, by Packaging Application, 2021-2031 (Revenue, $Million)
Table 362. Saudi Arabia Shrink Film Market, by Packaging Application, 2021-2031 (Volume, Kiloton)
Table 363. Saudi Arabia Shrink Film Market, by End Use, 2021-2031 (Revenue, $Million)
Table 364. Saudi Arabia Shrink Film Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 365. Saudi Arabia Food Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 366. Saudi Arabia Food Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 367. Rest of LAMEA Shrink Film Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 368. Rest of LAMEA Shrink Film Market, by Material Type, 2021-2031 (Volume, Kiloton)
Table 369. Rest of LAMEA Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Revenue, $Million)
Table 370. Rest of LAMEA Polyethylene (Pe) Shrink Film Market, by Type, 2021-2031 (Volume, Kiloton)
Table 371. Rest of LAMEA Shrink Film Market, by Thickness, 2021-2031 (Revenue, $Million)
Table 372. Rest of LAMEA Shrink Film Mark

List of Figures
Figure 1. Shrink Film Market Segmentation
Figure 2. Shrink Film Market, 2021-2031
Figure 3. Shrink Film Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Shrink Film Mark.:Drivers, Restraints and Opportunities
Figure 12. Pricing Analysis
Figure 13. Value Chain Analysis
Figure 14. Key Regulation Analysis
Figure 15. Patent Analysis by Company
Figure 16. Patent Analysis by Country
Figure 17. Shrink Film Market, By Material Type, 2021(%)
Figure 18. Comparative Share Analysis of Polyvinyl Chloride (Pvc) Shrink Film Market, 2021-2031(%)
Figure 19. Comparative Share Analysis of Polyolefin (Pof) Shrink Film Market, 2021-2031(%)
Figure 20. Comparative Share Analysis of Polyethylene (Pe) Shrink Film Market, 2021-2031(%)
Figure 21. Comparative Share Analysis of Others Shrink Film Market, 2021-2031(%)
Figure 22. Shrink Film Market, By Thickness, 2021(%)
Figure 23. Comparative Share Analysis of Less Than 50 Micron Shrink Film Market, 2021-2031(%)
Figure 24. Comparative Share Analysis of 50-100 Micron Shrink Film Market, 2021-2031(%)
Figure 25. Comparative Share Analysis of 100-150 Micron Shrink Film Market, 2021-2031(%)
Figure 26. Comparative Share Analysis of Above 150 Micron Shrink Film Market, 2021-2031(%)
Figure 27. Shrink Film Market, By Packaging Application, 2021(%)
Figure 28. Comparative Share Analysis of Wraps Shrink Film Market, 2021-2031(%)
Figure 29. Comparative Share Analysis of Bags Shrink Film Market, 2021-2031(%)
Figure 30. Comparative Share Analysis of Labels Shrink Film Market, 2021-2031(%)
Figure 31. Shrink Film Market, By End Use, 2021(%)
Figure 32. Comparative Share Analysis of Food Shrink Film Market, 2021-2031(%)
Figure 33. Comparative Share Analysis of Beverages Shrink Film Market, 2021-2031(%)
Figure 34. Comparative Share Analysis of Healthcare and Pharmaceuticals Shrink Film Market, 2021-2031(%)
Figure 35. Comparative Share Analysis of Electronics and Electricals Shrink Film Market, 2021-2031(%)
Figure 36. Comparative Share Analysis of Others Shrink Film Market, 2021-2031(%)
Figure 37. Shrink Film Market by Region, 2021
Figure 38. U.S. Shrink Film Market, 2021-2031($Million)
Figure 39. Canada Shrink Film Market, 2021-2031($Million)
Figure 40. Mexico Shrink Film Market, 2021-2031($Million)
Figure 41. Germany Shrink Film Market, 2021-2031($Million)
Figure 42. Uk Shrink Film Market, 2021-2031($Million)
Figure 43. France Shrink Film Market, 2021-2031($Million)
Figure 44. Italy Shrink Film Market, 2021-2031($Million)
Figure 45. Spain Shrink Film Market, 2021-2031($Million)
Figure 46. Rest of Europe Shrink Film Market, 2021-2031($Million)
Figure 47. China Shrink Film Market, 2021-2031($Million)
Figure 48. Japan Shrink Film Market, 2021-2031($Million)
Figure 49. India Shrink Film Market, 2021-2031($Million)
Figure 50. South Korea Shrink Film Market, 2021-2031($Million)
Figure 51. Rest of Asia-Pacific Shrink Film Market, 2021-2031($Million)
Figure 52. Brazil Shrink Film Market, 2021-2031($Million)
Figure 53. Turkey Shrink Film Market, 2021-2031($Million)
Figure 54. Saudi Arabia Shrink Film Market, 2021-2031($Million)
Figure 55. Rest of LAMEA Shrink Film Market, 2021-2031($Million)
Figure 56. Top Winning Strategies, by Year
Figure 57. Top Winning Strategies, by Development
Figure 58. Top Winning Strategies, by Company
Figure 59. Product Mapping of Top 10 Players
Figure 60. Competitive Dashboard
Figure 61. Competitive Heatmap of Top 10 Key Players
Figure 62. Intertape Polymer Group Inc.: Net Sales ($Million)
Figure 63. Sealed Air Corporatio.: Net Sales ($Million)
Figure 64. Syfan Us.: Net Sales ($Million)
Figure 65. Clysa.: Net Sales ($Million)
Figure 66. Bollore Grou.: Net Sales ($Million)
Figure 67. Kureha Corporatio.: Net Sales ($Million)
Figure 68. Winpak Ltd.: Net Sales ($Million)
Figure 69. Flexopack S.A.: Net Sales ($Million)
Figure 70. Coveris Holdings S.A.: Net Sales ($Million)
Figure 71. Premiumpack Gmb.: Net Sales ($Million)
Figure 72. Schur Flexibles Grou.: Net Sales ($Million)
Figure 73. Kuplast Matejka Kumar S.P.: Net Sales ($Million)
Figure 74. Buergofol Gmb.: Net Sales ($Million)
Figure 75. Atlantis-Pak Co. Ltd.: Net Sales ($Million)
Figure 76. Crawford Packagin.: Net Sales ($Million)

Executive Summary

According to the report, “Shrink Film Market," the shrink film market size was valued at $4.7 billion in 2021, and shrink film industry is estimated to reach $8.0 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031.

Shrink films are flexible packaging films that are sealed around a product and shrink tightly when heat is applied. Shrink films find wide usage in packaging of food items and other consumer goods.

Shrink films find applications in packaging of food such as meat, poultry and seafood, bakery & confectionary, and various others. Shrink films are primarily made up of polyethylene material which is cost efficient as compared to other raw materials. On the other hand, polypropylene shrink films have high heat resistance and provide good transparency as compared to polyethylene and polyvinyl chloride shrink films.

Globalization has led to rapid growth of import and export businesses of manufacturers worldwide. This has resulted in large supply chains and increased the role of logistics, with companies adopting flexible packaging to optimize packaging systems for efficient and effective delivery which led to increase in the demand for shrink films in the market. Low-cost, lightweight, tight sealing ability, and damage-resistant features of shrink films packaging make it the highly-sought after packaging product in the transport industry.

Moreover, e-commerce players have taken to shrink films seeing their advantages over stretch and other films. Key features of shrink films such as cost efficiency, high barrier resistance, and damage control packaging characteristics have proved beneficial for e-commerce players to ensure convenient and efficient delivery of their products. However, increasing government rules and regulations towards plastic packaging can hinder the shrink film market.

The high reliance of customers on packaged food products and the strong foothold of the food processing companies in the region have increased the demand for shrink films. U.S. emerged as the largest food packaging market in North America in 2020 on account of a large food manufacturing base in the country. For instance, it accounted for approximately 19.0% of the total milk produced globally as of 2020. In addition, the U.S. accounted for 28.0% of the total cheese production across the world in 2020. The dairy industry is one of the key sectors for food packaging manufacturers in the U.S.

Moreover, the growing popularity of plant-based dairy products is expected to offer lucrative opportunities for the packaging product manufacturers in the country over the forecast period. The country is home to a diverse global population with high adoption of multiple global cuisines, such as Japanese, Indian, Mexican, Chinese, and Spanish. Thus, consumers are increasingly opting for food away from home for a different cuisine experience, benefitting the sales of foodservice outlets, thereby driving the shrink film market growth for food packaging.

The shrink film market forecast is segmented on the basis of material type, thickness, packaging application, end-use and region. On the basis of material type, it is classified into polyvinyl chloride (PVC), polyolefin (POF), polyethylene (PE), and others. In material type, the polyethylene segment is further divided into High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), and Linear Low-Density Polyethylene (LLDPE). On the basis of thickness, the market is categorized into Less than 50 micron, 50-100 micron, 100-150 micron, and Above 150 micron.

On the basis of packaging application, the market is fragmented into wraps, bags, and labels. On the basis of end-use, the market is segmented into food, beverages, healthcare and pharmaceuticals, electronics and electricals, and others. Furthermore, the food segment is further segregated into meat, poultry, and seafood, snacks, bakery and confectionary, and others.

Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Asia-Pacific accounts for the largest shrink film market share, followed by Europe and North America.

Key Findings of the Study

  • As per shrink film market analysis, by region, Asia-Pacific is projected to exhibit CAGR of 5.8% during 2022-2031.
  • By material type, the polyethylene segment accounted for the largest share in 2021.
  • By thickness, the less than 50 microns segment was the leading segment in 2021.
  • By end-use, the beverage segment occupied 32.3% of total market share in 2021.
  • By packaging application, the labels segment held largest market share in 2021.

Impact of Covid-19 on Global Shrink Film Market

The global COVID-19 pandemic has negative impact on the shrink film market. The outbreak of the COVID-19 pandemic in 2020 positively affected the ready-to-eat food segment due to the government restrictions and consumer apprehensions about having outside food. The pandemic has compelled consumers to focus on safety and hygiene, which has made packaged food a preferential choice over food cooked in restaurants. The lockdown restrictions severely impacted the sales of the foodervice industry, which resulted in a decline in sales of packaging materials such as shrink films.

With the ease in lockdown norms, the various industries started to produce products which are in huge demand for consumers. Food & beverage industries have started production of snacks and other food items. The increase in the demand for fast food and rise in awareness among the people regarding the importance of packaging of food materials during pandemic outbreak is also another factor which led to surge in shrink film market opportunitites.

Competitive Landscape.

The major companies profiled in this report include Intertape Polymer Group Inc., Sealed Air Corporation, SYFAN USA, Clysar, Bollore Group, Kureha Corporation, Winpak Ltd., Flexopack S.A., Coveris Holdings S.A., PREMIUMPACK GmbH, Schur Flexibles Group, Kuplast Matejka Kumar S.P., Buergofol GmbH, Atlantis-Pak Co. Ltd., and Crawford Packaging. Due to rapid development in the food processing industries and e-commerce services across the globe will drive the market growth. Additional growth strategies such as expansion of storage capacities, acquisition, partnership and research & innovation in the customized packaging technologies for medical and personal care products have led to attain key developments in the global shrink film market trends.

Companies Mentioned

  • Intertape Polymer Group Inc.
  • Sealed Air Corporation
  • SYFAN USA
  • Clysar
  • Bollore Group
  • Kureha Corporation
  • Winpak Ltd.
  • Flexopack S.A.
  • Coveris Holdings S.A.
  • PREMIUMPACK GmbH
  • Schur Flexibles Group
  • Kuplast Matejka Kumar S.P.
  • Buergofol GmbH
  • Atlantis-Pak Co. Ltd.
  • Crawford Packaging

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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