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Shrink Films-Global Market Insights and Sales Trends 2024
Synopsis
Stretch films are stretchable plastic films that are commonly used for packaging bulk items by wrapping around palletized loads together. Due to its tough and strong characteristics, stretch packaging is used in transportation and storage applications. Shrink films find wide usage in packaging of food items and other consumer goods. Commonly used in retail stores to pack a single product or a cluster of smaller products together.
The global Shrink Films market size is expected to reach US$ 4557.2 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Shrink Films in various end use industries. The expanding demands from the Food & Beverages, Pharmaceuticals, Consumer Goods and Electronics, are propelling Shrink Films market. POF Film, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the PVC Film segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Shrink Films market, driven by demand from China, the second largest economy with some signs of stabilising, the Shrink Films market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Shrink Films, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Shrink Films market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Shrink Films market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Shrink Films sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Shrink Films covered in this report include AEP, Amcor, Amcor, DowDuPont, Berry, Bonset, Bollore Group, COVERIS and DowDuPont, etc.
The global Shrink Films market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AEP
Amcor
Amcor
DowDuPont
Berry
Bonset
Bollore Group
COVERIS
DowDuPont
Daman Polymers
Eurofilms Extrusion
Exxon Mobil
FlexSol Packaging
Plastics
MaxTech
Grafix Arts
Global Shrink Films market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Shrink Films market, Segment by Type:
POF Film
PVC Film
PP/BOPP Film
PE Film
PET Film
PLA Film
Global Shrink Films market, by Application
Food & Beverages
Pharmaceuticals
Consumer Goods
Electronics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Shrink Films manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Shrink Films in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Stretch films are stretchable plastic films that are commonly used for packaging bulk items by wrapping around palletized loads together. Due to its tough and strong characteristics, stretch packaging is used in transportation and storage applications. Shrink films find wide usage in packaging of food items and other consumer goods. Commonly used in retail stores to pack a single product or a cluster of smaller products together.
The global Shrink Films market size is expected to reach US$ 4557.2 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Shrink Films in various end use industries. The expanding demands from the Food & Beverages, Pharmaceuticals, Consumer Goods and Electronics, are propelling Shrink Films market. POF Film, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the PVC Film segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Shrink Films market, driven by demand from China, the second largest economy with some signs of stabilising, the Shrink Films market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Shrink Films, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Shrink Films market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Shrink Films market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Shrink Films sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Shrink Films covered in this report include AEP, Amcor, Amcor, DowDuPont, Berry, Bonset, Bollore Group, COVERIS and DowDuPont, etc.
The global Shrink Films market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AEP
Amcor
Amcor
DowDuPont
Berry
Bonset
Bollore Group
COVERIS
DowDuPont
Daman Polymers
Eurofilms Extrusion
Exxon Mobil
FlexSol Packaging
Plastics
MaxTech
Grafix Arts
Global Shrink Films market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Shrink Films market, Segment by Type:
POF Film
PVC Film
PP/BOPP Film
PE Film
PET Film
PLA Film
Global Shrink Films market, by Application
Food & Beverages
Pharmaceuticals
Consumer Goods
Electronics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Shrink Films manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Shrink Films in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Shrink Films Market Overview
1.1 Shrink Films Product Overview
1.2 Shrink Films Market Segment by Type
1.2.1 POF Film
1.2.2 PVC Film
1.2.3 PP/BOPP Film
1.2.4 PE Film
1.2.5 PET Film
1.2.6 PLA Film
1.3 Global Shrink Films Market Size by Type
1.3.1 Global Shrink Films Market Size Overview by Type (2018-2029)
1.3.2 Global Shrink Films Historic Market Size Review by Type (2018-2023)
1.3.3 Global Shrink Films Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Shrink Films Sales Breakdown by Type (2018-2023)
1.4.2 Europe Shrink Films Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Shrink Films Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Shrink Films Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Shrink Films Sales Breakdown by Type (2018-2023)
2 Global Shrink Films Market Competition by Company
2.1 Global Top Players by Shrink Films Sales (2018-2023)
2.2 Global Top Players by Shrink Films Revenue (2018-2023)
2.3 Global Top Players by Shrink Films Price (2018-2023)
2.4 Global Top Manufacturers Shrink Films Manufacturing Base Distribution, Sales Area, Product Type
2.5 Shrink Films Market Competitive Situation and Trends
2.5.1 Shrink Films Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Shrink Films Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Shrink Films as of 2022)
2.7 Date of Key Manufacturers Enter into Shrink Films Market
2.8 Key Manufacturers Shrink Films Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Shrink Films Status and Outlook by Region
3.1 Global Shrink Films Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Shrink Films Historic Market Size by Region
3.2.1 Global Shrink Films Sales in Volume by Region (2018-2023)
3.2.2 Global Shrink Films Sales in Value by Region (2018-2023)
3.2.3 Global Shrink Films Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Shrink Films Forecasted Market Size by Region
3.3.1 Global Shrink Films Sales in Volume by Region (2024-2029)
3.3.2 Global Shrink Films Sales in Value by Region (2024-2029)
3.3.3 Global Shrink Films Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Shrink Films by Application
4.1 Shrink Films Market Segment by Application
4.1.1 Food & Beverages
4.1.2 Pharmaceuticals
4.1.3 Consumer Goods
4.1.4 Electronics
4.1.5 Others
4.2 Global Shrink Films Market Size by Application
4.2.1 Global Shrink Films Market Size Overview by Application (2018-2029)
4.2.2 Global Shrink Films Historic Market Size Review by Application (2018-2023)
4.2.3 Global Shrink Films Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Shrink Films Sales Breakdown by Application (2018-2023)
4.3.2 Europe Shrink Films Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Shrink Films Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Shrink Films Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Shrink Films Sales Breakdown by Application (2018-2023)
5 North America Shrink Films by Country
5.1 North America Shrink Films Historic Market Size by Country
5.1.1 North America Shrink Films Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Shrink Films Sales in Volume by Country (2018-2023)
5.1.3 North America Shrink Films Sales in Value by Country (2018-2023)
5.2 North America Shrink Films Forecasted Market Size by Country
5.2.1 North America Shrink Films Sales in Volume by Country (2024-2029)
5.2.2 North America Shrink Films Sales in Value by Country (2024-2029)
6 Europe Shrink Films by Country
6.1 Europe Shrink Films Historic Market Size by Country
6.1.1 Europe Shrink Films Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Shrink Films Sales in Volume by Country (2018-2023)
6.1.3 Europe Shrink Films Sales in Value by Country (2018-2023)
6.2 Europe Shrink Films Forecasted Market Size by Country
6.2.1 Europe Shrink Films Sales in Volume by Country (2024-2029)
6.2.2 Europe Shrink Films Sales in Value by Country (2024-2029)
7 Asia-Pacific Shrink Films by Region
7.1 Asia-Pacific Shrink Films Historic Market Size by Region
7.1.1 Asia-Pacific Shrink Films Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Shrink Films Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Shrink Films Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Shrink Films Forecasted Market Size by Region
7.2.1 Asia-Pacific Shrink Films Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Shrink Films Sales in Value by Region (2024-2029)
8 Latin America Shrink Films by Country
8.1 Latin America Shrink Films Historic Market Size by Country
8.1.1 Latin America Shrink Films Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Shrink Films Sales in Volume by Country (2018-2023)
8.1.3 Latin America Shrink Films Sales in Value by Country (2018-2023)
8.2 Latin America Shrink Films Forecasted Market Size by Country
8.2.1 Latin America Shrink Films Sales in Volume by Country (2024-2029)
8.2.2 Latin America Shrink Films Sales in Value by Country (2024-2029)
9 Middle East and Africa Shrink Films by Country
9.1 Middle East and Africa Shrink Films Historic Market Size by Country
9.1.1 Middle East and Africa Shrink Films Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Shrink Films Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Shrink Films Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Shrink Films Forecasted Market Size by Country
9.2.1 Middle East and Africa Shrink Films Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Shrink Films Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 AEP
10.1.1 AEP Company Information
10.1.2 AEP Introduction and Business Overview
10.1.3 AEP Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.1.4 AEP Shrink Films Products Offered
10.1.5 AEP Recent Development
10.2 Amcor
10.2.1 Amcor Company Information
10.2.2 Amcor Introduction and Business Overview
10.2.3 Amcor Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Amcor Shrink Films Products Offered
10.2.5 Amcor Recent Development
10.3 Amcor
10.3.1 Amcor Company Information
10.3.2 Amcor Introduction and Business Overview
10.3.3 Amcor Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Amcor Shrink Films Products Offered
10.3.5 Amcor Recent Development
10.4 DowDuPont
10.4.1 DowDuPont Company Information
10.4.2 DowDuPont Introduction and Business Overview
10.4.3 DowDuPont Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.4.4 DowDuPont Shrink Films Products Offered
10.4.5 DowDuPont Recent Development
10.5 Berry
10.5.1 Berry Company Information
10.5.2 Berry Introduction and Business Overview
10.5.3 Berry Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Berry Shrink Films Products Offered
10.5.5 Berry Recent Development
10.6 Bonset
10.6.1 Bonset Company Information
10.6.2 Bonset Introduction and Business Overview
10.6.3 Bonset Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Bonset Shrink Films Products Offered
10.6.5 Bonset Recent Development
10.7 Bollore Group
10.7.1 Bollore Group Company Information
10.7.2 Bollore Group Introduction and Business Overview
10.7.3 Bollore Group Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Bollore Group Shrink Films Products Offered
10.7.5 Bollore Group Recent Development
10.8 COVERIS
10.8.1 COVERIS Company Information
10.8.2 COVERIS Introduction and Business Overview
10.8.3 COVERIS Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.8.4 COVERIS Shrink Films Products Offered
10.8.5 COVERIS Recent Development
10.9 DowDuPont
10.9.1 DowDuPont Company Information
10.9.2 DowDuPont Introduction and Business Overview
10.9.3 DowDuPont Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.9.4 DowDuPont Shrink Films Products Offered
10.9.5 DowDuPont Recent Development
10.10 Daman Polymers
10.10.1 Daman Polymers Company Information
10.10.2 Daman Polymers Introduction and Business Overview
10.10.3 Daman Polymers Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Daman Polymers Shrink Films Products Offered
10.10.5 Daman Polymers Recent Development
10.11 Eurofilms Extrusion
10.11.1 Eurofilms Extrusion Company Information
10.11.2 Eurofilms Extrusion Introduction and Business Overview
10.11.3 Eurofilms Extrusion Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Eurofilms Extrusion Shrink Films Products Offered
10.11.5 Eurofilms Extrusion Recent Development
10.12 Exxon Mobil
10.12.1 Exxon Mobil Company Information
10.12.2 Exxon Mobil Introduction and Business Overview
10.12.3 Exxon Mobil Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Exxon Mobil Shrink Films Products Offered
10.12.5 Exxon Mobil Recent Development
10.13 FlexSol Packaging
10.13.1 FlexSol Packaging Company Information
10.13.2 FlexSol Packaging Introduction and Business Overview
10.13.3 FlexSol Packaging Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.13.4 FlexSol Packaging Shrink Films Products Offered
10.13.5 FlexSol Packaging Recent Development
10.14 Plastics
10.14.1 Plastics Company Information
10.14.2 Plastics Introduction and Business Overview
10.14.3 Plastics Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Plastics Shrink Films Products Offered
10.14.5 Plastics Recent Development
10.15 MaxTech
10.15.1 MaxTech Company Information
10.15.2 MaxTech Introduction and Business Overview
10.15.3 MaxTech Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.15.4 MaxTech Shrink Films Products Offered
10.15.5 MaxTech Recent Development
10.16 Grafix Arts
10.16.1 Grafix Arts Company Information
10.16.2 Grafix Arts Introduction and Business Overview
10.16.3 Grafix Arts Shrink Films Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Grafix Arts Shrink Films Products Offered
10.16.5 Grafix Arts Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Shrink Films Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Shrink Films Industrial Chain Analysis
11.4 Shrink Films Market Dynamics
11.4.1 Shrink Films Industry Trends
11.4.2 Shrink Films Market Drivers
11.4.3 Shrink Films Market Challenges
11.4.4 Shrink Films Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Shrink Films Distributors
12.3 Shrink Films Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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