Biodegradable Shrink Wrap Market Insights and Growth by 2031
Shrink wrapping is extensively being used in the packaging industry due to numerous advantages including flexibility, illustration capability, and strength. Biodegradable shrink wraps are made from renewable resources such as corn starch, which is gradually being used as an alternative to traditional carbon resins. Biodegradable shrink wraps decompose in the presence of micro-organisms or bacteria under natural conditions. Biodegradable shrink wraps are finally decomposed into carbon dioxide, water, and biomass.
MARKET DYNAMICS
Growing demand for sustainable packaging solutions is expected to be the primary driver for the growth of the biodegradable shrink wrap market during the forecast period. The food packaging industry is a major sector driving the demand for the biodegradable shrink wrap products, due to factors including increase in demand for packaged food products and rising need for decomposable and recyclable products. Further, numerous companies are adopting biodegradable packaging solutions to market their products with green packaging labels for strategic customer acquisitions.
MARKET SCOPE
The "Global Biodegradable Shrink Wrap Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the biodegradable shrink wrap market with detailed market segmentation based on end use. The global biodegradable shrink wrap market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading biodegradable shrink wrap market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global biodegradable shrink wrap market is segmented into end use. By end use the biodegradable shrink wrap market is segmented into food and beverage, personal care and cosmetics, pharmaceuticals, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global biodegradable shrink wrap market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The biodegradable shrink wrap market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the biodegradable shrink wrap market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the biodegradable shrink wrap in these regions.
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global biodegradable shrink wrap market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The biodegradable shrink wrap market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the biodegradable shrink wrap market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the biodegradable shrink wrap in these regions.
MARKET PLAYERS
The report covers vital developments in the biodegradable shrink wrap as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the biodegradable shrink wrap are anticipated to witness lucrative growth opportunities in the future with the rising demand for biodegradable shrink wrap in the global market. Below mentioned is the list of few companies engaged in the biodegradable shrink wrap market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the biodegradable shrink wrap market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Easy Flux
- Yorkshire Packaging Systems
- S Kemper Ltd
- Sontex (Machinery) Ltd
- Tilak Polypak Pvt. Ltd
- Reef Repair
- Schlichter GmbH
- Jonatura Bio Based Packaging
- Bagla Group
- Tufwrap
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Biodegradable Shrink Wrap Market - By End Use
1.3.2 Biodegradable Shrink Wrap Market - By Region
1.3.2.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BIODEGRADABLE SHRINK WRAP MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. BIODEGRADABLE SHRINK WRAP MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. BIODEGRADABLE SHRINK WRAP MARKET - GLOBAL MARKET ANALYSIS
6.1. BIODEGRADABLE SHRINK WRAP - GLOBAL MARKET OVERVIEW
6.2. BIODEGRADABLE SHRINK WRAP - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. BIODEGRADABLE SHRINK WRAP MARKET - REVENUE AND FORECASTS TO 2028 - END USE
7.1. OVERVIEW
7.2. END USE MARKET FORECASTS AND ANALYSIS
7.3. FOOD AND BEVERAGE
7.3.1. Overview
7.3.2. Food and Beverage Market Forecast and Analysis
7.4. PERSONAL CARE AND COSMETICS
7.4.1. Overview
7.4.2. Personal Care and Cosmetics Market Forecast and Analysis
7.5. PHARMACEUTICALS
7.5.1. Overview
7.5.2. Pharmaceuticals Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. BIODEGRADABLE SHRINK WRAP MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
8.1. NORTH AMERICA
8.1.1 North America Biodegradable Shrink Wrap Market Overview
8.1.2 North America Biodegradable Shrink Wrap Market Forecasts and Analysis
8.1.3 North America Biodegradable Shrink Wrap Market Forecasts and Analysis - By End Use
8.1.4 North America Biodegradable Shrink Wrap Market Forecasts and Analysis - By Countries
8.1.4.1 United States Biodegradable Shrink Wrap Market
8.1.4.1.1 United States Biodegradable Shrink Wrap Market by End Use
8.1.4.2 Canada Biodegradable Shrink Wrap Market
8.1.4.2.1 Canada Biodegradable Shrink Wrap Market by End Use
8.1.4.3 Mexico Biodegradable Shrink Wrap Market
8.1.4.3.1 Mexico Biodegradable Shrink Wrap Market by End Use
8.2. EUROPE
8.2.1 Europe Biodegradable Shrink Wrap Market Overview
8.2.2 Europe Biodegradable Shrink Wrap Market Forecasts and Analysis
8.2.3 Europe Biodegradable Shrink Wrap Market Forecasts and Analysis - By End Use
8.2.4 Europe Biodegradable Shrink Wrap Market Forecasts and Analysis - By Countries
8.2.4.1 Germany Biodegradable Shrink Wrap Market
8.2.4.1.1 Germany Biodegradable Shrink Wrap Market by End Use
8.2.4.2 France Biodegradable Shrink Wrap Market
8.2.4.2.1 France Biodegradable Shrink Wrap Market by End Use
8.2.4.3 Italy Biodegradable Shrink Wrap Market
8.2.4.3.1 Italy Biodegradable Shrink Wrap Market by End Use
8.2.4.4 Spain Biodegradable Shrink Wrap Market
8.2.4.4.1 Spain Biodegradable Shrink Wrap Market by End Use
8.2.4.5 United Kingdom Biodegradable Shrink Wrap Market
8.2.4.5.1 United Kingdom Biodegradable Shrink Wrap Market by End Use
8.2.4.6 Russia Biodegradable Shrink Wrap Market
8.2.4.6.1 Russia Biodegradable Shrink Wrap Market by End Use
8.2.4.7 Rest of Europe Biodegradable Shrink Wrap Market
8.2.4.7.1 Rest of Europe Biodegradable Shrink Wrap Market by End Use
8.3. ASIA-PACIFIC
8.3.1 Asia-Pacific Biodegradable Shrink Wrap Market Overview
8.3.2 Asia-Pacific Biodegradable Shrink Wrap Market Forecasts and Analysis
8.3.3 Asia-Pacific Biodegradable Shrink Wrap Market Forecasts and Analysis - By End Use
8.3.4 Asia-Pacific Biodegradable Shrink Wrap Market Forecasts and Analysis - By Countries
8.3.4.1 Australia Biodegradable Shrink Wrap Market
8.3.4.1.1 Australia Biodegradable Shrink Wrap Market by End Use
8.3.4.2 China Biodegradable Shrink Wrap Market
8.3.4.2.1 China Biodegradable Shrink Wrap Market by End Use
8.3.4.3 India Biodegradable Shrink Wrap Market
8.3.4.3.1 India Biodegradable Shrink Wrap Market by End Use
8.3.4.4 Japan Biodegradable Shrink Wrap Market
8.3.4.4.1 Japan Biodegradable Shrink Wrap Market by End Use
8.3.4.5 South Korea Biodegradable Shrink Wrap Market
8.3.4.5.1 South Korea Biodegradable Shrink Wrap Market by End Use
8.3.4.6 Rest of Asia-Pacific Biodegradable Shrink Wrap Market
8.3.4.6.1 Rest of Asia-Pacific Biodegradable Shrink Wrap Market by End Use
8.4. MIDDLE EAST AND AFRICA
8.4.1 Middle East and Africa Biodegradable Shrink Wrap Market Overview
8.4.2 Middle East and Africa Biodegradable Shrink Wrap Market Forecasts and Analysis
8.4.3 Middle East and Africa Biodegradable Shrink Wrap Market Forecasts and Analysis - By End Use
8.4.4 Middle East and Africa Biodegradable Shrink Wrap Market Forecasts and Analysis - By Countries
8.4.4.1 South Africa Biodegradable Shrink Wrap Market
8.4.4.1.1 South Africa Biodegradable Shrink Wrap Market by End Use
8.4.4.2 Saudi Arabia Biodegradable Shrink Wrap Market
8.4.4.2.1 Saudi Arabia Biodegradable Shrink Wrap Market by End Use
8.4.4.3 U.A.E Biodegradable Shrink Wrap Market
8.4.4.3.1 U.A.E Biodegradable Shrink Wrap Market by End Use
8.4.4.4 Rest of Middle East and Africa Biodegradable Shrink Wrap Market
8.4.4.4.1 Rest of Middle East and Africa Biodegradable Shrink Wrap Market by End Use
8.5. SOUTH AND CENTRAL AMERICA
8.5.1 South and Central America Biodegradable Shrink Wrap Market Overview
8.5.2 South and Central America Biodegradable Shrink Wrap Market Forecasts and Analysis
8.5.3 South and Central America Biodegradable Shrink Wrap Market Forecasts and Analysis - By End Use
8.5.4 South and Central America Biodegradable Shrink Wrap Market Forecasts and Analysis - By Countries
8.5.4.1 Brazil Biodegradable Shrink Wrap Market
8.5.4.1.1 Brazil Biodegradable Shrink Wrap Market by End Use
8.5.4.2 Argentina Biodegradable Shrink Wrap Market
8.5.4.2.1 Argentina Biodegradable Shrink Wrap Market by End Use
8.5.4.3 Rest of South and Central America Biodegradable Shrink Wrap Market
8.5.4.3.1 Rest of South and Central America Biodegradable Shrink Wrap Market by End Use
9. INDUSTRY LANDSCAPE
9.1. MERGERS AND ACQUISITIONS
9.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
9.3. NEW PRODUCT LAUNCHES
9.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
10. BIODEGRADABLE SHRINK WRAP MARKET, KEY COMPANY PROFILES
10.1. EASY FLUX
10.1.1. Key Facts
10.1.2. Business Description
10.1.3. Products and Services
10.1.4. Financial Overview
10.1.5. SWOT Analysis
10.1.6. Key Developments
10.2. YORKSHIRE PACKAGING SYSTEMS
10.2.1. Key Facts
10.2.2. Business Description
10.2.3. Products and Services
10.2.4. Financial Overview
10.2.5. SWOT Analysis
10.2.6. Key Developments
10.3. S KEMPNER LTD
10.3.1. Key Facts
10.3.2. Business Description
10.3.3. Products and Services
10.3.4. Financial Overview
10.3.5. SWOT Analysis
10.3.6. Key Developments
10.4. SONTEX (MACHINERY) LTD
10.4.1. Key Facts
10.4.2. Business Description
10.4.3. Products and Services
10.4.4. Financial Overview
10.4.5. SWOT Analysis
10.4.6. Key Developments
10.5. TILAK POLYPAK PVT. LTD
10.5.1. Key Facts
10.5.2. Business Description
10.5.3. Products and Services
10.5.4. Financial Overview
10.5.5. SWOT Analysis
10.5.6. Key Developments
10.6. REEF REPAIR
10.6.1. Key Facts
10.6.2. Business Description
10.6.3. Products and Services
10.6.4. Financial Overview
10.6.5. SWOT Analysis
10.6.6. Key Developments
10.7. SCHLICHTER GMBH
10.7.1. Key Facts
10.7.2. Business Description
10.7.3. Products and Services
10.7.4. Financial Overview
10.7.5. SWOT Analysis
10.7.6. Key Developments
10.8. JONATURA BIO BASED PACKAGING
10.8.1. Key Facts
10.8.2. Business Description
10.8.3. Products and Services
10.8.4. Financial Overview
10.8.5. SWOT Analysis
10.8.6. Key Developments
10.9. BAGLA GROUP
10.9.1. Key Facts
10.9.2. Business Description
10.9.3. Products and Services
10.9.4. Financial Overview
10.9.5. SWOT Analysis
10.9.6. Key Developments
10.10. TUFWRAP
10.10.1. Key Facts
10.10.2. Business Description
10.10.3. Products and Services
10.10.4. Financial Overview
10.10.5. SWOT Analysis
10.10.6. Key Developments
11. APPENDIX
11.1. ABOUT THE INSIGHT PARTNERS
11.2. GLOSSARY OF TERMS
1.Easy Flux
2.Yorkshire Packaging Systems
3.S Kempner Ltd
4.Sontex (Machinery) Ltd
5.Tilak Polypak Pvt. Ltd
6.Reef Repair
7.Schlichter GmbH
8.Jonatura Bio Based Packaging
9.Bagla Group
10.Tufwrap
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For