Shrink Flims Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Shrink film is made up of polymer plastic film. Plastic is covered to the product, and heat is applied to the covered plastic, which shrinks tightly over the product it is covering. The shrink plastic film is majorly used to wrap food, boxes, and bottles the shrink film polyolefin, PVC, polyethene, polypropylene and several other compositions.
MARKET DYNAMICS
The lightweight, damage-resistant and low-cost, features of shrink films packaging make it the transport industry's highly sought-after packaging product. Also, flexible packaging is rapidly replacing rigid packaging due to its features such as re-sealable closures, cost efficiency enhanced barrier resistance, and lightweight qualities. There is an increasing demand for shrink films for packaging and transportation in every sector. Nowadays, plastic is available in the biodegradable form, which has a tremendous demand due to awareness about environmental issues and has become the global shrink film market trend. The cost of the shrink film and the instruments required for the same are expensive compared to the standard film used for the packaging of the products, which can hamper the demand for the shrink film and the growth of the global shrink film market.
MARKET SEGMENTATION
The global shrink film market is segmented on type, application and geography. The shrink film is segmented into low, medium, high, and ultra-high barriers. And based on the application, it is segmented into food and beverages, industrial packaging, personal care and cosmetics, pharmaceuticals, and others.
MARKET SCOPE
The ""Global Shrink Film Market Analysis to 2028"" is a specialized and in-depth study of the chemicals and materials industry, focusing on the global market trends. The report aims to overview the shrink film market with detailed market segmentation by type, application, and geography. The shrink film market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading shrink film market players and offers key trends and opportunities.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including qualitative and quantitative information. It provides an overview and forecast of the global shrink film market based on various segments. It also provides market size and forecast estimates from 2019 to 2028 with respect to five major regions North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The shrink film market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally and the current trend and opportunities prevailing in the region.
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 qualitative and quantitative information. It provides an overview and forecast of the global shrink film market based on various segments. It also provides market size and forecast estimates from 2019 to 2028 with respect to five major regions North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The shrink film market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally and the current trend and opportunities prevailing in the region.
MARKET PLAYERS
The reports cover key developments in the shrink film market 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, partnerships & collaborations. These activities have paved the way for the expansion of business and the customer base of market players. The market players from the shrink film market are anticipated to witness lucrative growth opportunities in the future with the rising demand for shrink film in the global market. Below mentioned is the list of a few companies engaged in the shrink film market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the shrink film market. In addition, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last 3 years, the key development in the past five years.
- AEP Group
- Berry Global Inc.
- SIGMA STRETCH FILM
- Fuji Seal, Inc.
- Anchor Packaging LLC
- Dow Chemical Company
- Intertape Polymer Group
- Vintech Polymers Private Limited
- Italindia PackPlus
- SUPER OLEFINs
- 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 Shrink Flims Market - By Type
1. 3. 2 Shrink Flims Market - By Application
1. 3. 3 Shrink Flims Market - By Region
1. 3. 3. 1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SHRINK FLIMS 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. SHRINK FLIMS 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. SHRINK FLIMS MARKET - GLOBAL MARKET ANALYSIS
6. 1. SHRINK FLIMS - GLOBAL MARKET OVERVIEW
6. 2. SHRINK FLIMS - GLOBAL MARKET AND FORECAST TO 2028
6. 3. MARKET POSITIONING/MARKET SHARE
7. SHRINK FLIMS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7. 1. OVERVIEW
7. 2. TYPE MARKET FORECASTS AND ANALYSIS
7. 3. PRINTED
7. 3. 1. Overview
7. 3. 2. Printed Market Forecast and Analysis
7. 4. UNPRINTED
7. 4. 1. Overview
7. 4. 2. Unprinted Market Forecast and Analysis
8. SHRINK FLIMS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8. 1. OVERVIEW
8. 2. APPLICATION MARKET FORECASTS AND ANALYSIS
8. 3. BEVERAGES PACKAGING
8. 3. 1. Overview
8. 3. 2. Beverages packaging Market Forecast and Analysis
8. 4. CONSUMER PRODUCT PACKAGING
8. 4. 1. Overview
8. 4. 2. Consumer product packaging Market Forecast and Analysis
8. 5. FOOD PACKAGING
8. 5. 1. Overview
8. 5. 2. Food packaging Market Forecast and Analysis
8. 6. INDUSTRIAL/BULK PRODUCT PACKAGING
8. 6. 1. Overview
8. 6. 2. Industrial/bulk product packaging Market Forecast and Analysis
8. 7. MATERIAL GOODS PACKAGING
8. 7. 1. Overview
8. 7. 2. Material goods packaging Market Forecast and Analysis
8. 8. PHARMACEUTICALS PACKAGING
8. 8. 1. Overview
8. 8. 2. Pharmaceuticals packaging Market Forecast and Analysis
9. SHRINK FLIMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9. 1. NORTH AMERICA
9. 1. 1 North America Shrink Flims Market Overview
9. 1. 2 North America Shrink Flims Market Forecasts and Analysis
9. 1. 3 North America Shrink Flims Market Forecasts and Analysis - By Type
9. 1. 4 North America Shrink Flims Market Forecasts and Analysis - By Application
9. 1. 5 North America Shrink Flims Market Forecasts and Analysis - By Countries
9. 1. 5. 1 United States Shrink Flims Market
9. 1. 5. 1. 1 United States Shrink Flims Market by Type
9. 1. 5. 1. 2 United States Shrink Flims Market by Application
9. 1. 5. 2 Canada Shrink Flims Market
9. 1. 5. 2. 1 Canada Shrink Flims Market by Type
9. 1. 5. 2. 2 Canada Shrink Flims Market by Application
9. 1. 5. 3 Mexico Shrink Flims Market
9. 1. 5. 3. 1 Mexico Shrink Flims Market by Type
9. 1. 5. 3. 2 Mexico Shrink Flims Market by Application
9. 2. EUROPE
9. 2. 1 Europe Shrink Flims Market Overview
9. 2. 2 Europe Shrink Flims Market Forecasts and Analysis
9. 2. 3 Europe Shrink Flims Market Forecasts and Analysis - By Type
9. 2. 4 Europe Shrink Flims Market Forecasts and Analysis - By Application
9. 2. 5 Europe Shrink Flims Market Forecasts and Analysis - By Countries
9. 2. 5. 1 Germany Shrink Flims Market
9. 2. 5. 1. 1 Germany Shrink Flims Market by Type
9. 2. 5. 1. 2 Germany Shrink Flims Market by Application
9. 2. 5. 2 France Shrink Flims Market
9. 2. 5. 2. 1 France Shrink Flims Market by Type
9. 2. 5. 2. 2 France Shrink Flims Market by Application
9. 2. 5. 3 Italy Shrink Flims Market
9. 2. 5. 3. 1 Italy Shrink Flims Market by Type
9. 2. 5. 3. 2 Italy Shrink Flims Market by Application
9. 2. 5. 4 United Kingdom Shrink Flims Market
9. 2. 5. 4. 1 United Kingdom Shrink Flims Market by Type
9. 2. 5. 4. 2 United Kingdom Shrink Flims Market by Application
9. 2. 5. 5 Russia Shrink Flims Market
9. 2. 5. 5. 1 Russia Shrink Flims Market by Type
9. 2. 5. 5. 2 Russia Shrink Flims Market by Application
9. 2. 5. 6 Rest of Europe Shrink Flims Market
9. 2. 5. 6. 1 Rest of Europe Shrink Flims Market by Type
9. 2. 5. 6. 2 Rest of Europe Shrink Flims Market by Application
9. 3. ASIA-PACIFIC
9. 3. 1 Asia-Pacific Shrink Flims Market Overview
9. 3. 2 Asia-Pacific Shrink Flims Market Forecasts and Analysis
9. 3. 3 Asia-Pacific Shrink Flims Market Forecasts and Analysis - By Type
9. 3. 4 Asia-Pacific Shrink Flims Market Forecasts and Analysis - By Application
9. 3. 5 Asia-Pacific Shrink Flims Market Forecasts and Analysis - By Countries
9. 3. 5. 1 Australia Shrink Flims Market
9. 3. 5. 1. 1 Australia Shrink Flims Market by Type
9. 3. 5. 1. 2 Australia Shrink Flims Market by Application
9. 3. 5. 2 China Shrink Flims Market
9. 3. 5. 2. 1 China Shrink Flims Market by Type
9. 3. 5. 2. 2 China Shrink Flims Market by Application
9. 3. 5. 3 India Shrink Flims Market
9. 3. 5. 3. 1 India Shrink Flims Market by Type
9. 3. 5. 3. 2 India Shrink Flims Market by Application
9. 3. 5. 4 Japan Shrink Flims Market
9. 3. 5. 4. 1 Japan Shrink Flims Market by Type
9. 3. 5. 4. 2 Japan Shrink Flims Market by Application
9. 3. 5. 5 South Korea Shrink Flims Market
9. 3. 5. 5. 1 South Korea Shrink Flims Market by Type
9. 3. 5. 5. 2 South Korea Shrink Flims Market by Application
9. 3. 5. 6 Rest of Asia-Pacific Shrink Flims Market
9. 3. 5. 6. 1 Rest of Asia-Pacific Shrink Flims Market by Type
9. 3. 5. 6. 2 Rest of Asia-Pacific Shrink Flims Market by Application
9. 4. MIDDLE EAST AND AFRICA
9. 4. 1 Middle East and Africa Shrink Flims Market Overview
9. 4. 2 Middle East and Africa Shrink Flims Market Forecasts and Analysis
9. 4. 3 Middle East and Africa Shrink Flims Market Forecasts and Analysis - By Type
9. 4. 4 Middle East and Africa Shrink Flims Market Forecasts and Analysis - By Application
9. 4. 5 Middle East and Africa Shrink Flims Market Forecasts and Analysis - By Countries
9. 4. 5. 1 South Africa Shrink Flims Market
9. 4. 5. 1. 1 South Africa Shrink Flims Market by Type
9. 4. 5. 1. 2 South Africa Shrink Flims Market by Application
9. 4. 5. 2 Saudi Arabia Shrink Flims Market
9. 4. 5. 2. 1 Saudi Arabia Shrink Flims Market by Type
9. 4. 5. 2. 2 Saudi Arabia Shrink Flims Market by Application
9. 4. 5. 3 U. A. E Shrink Flims Market
9. 4. 5. 3. 1 U. A. E Shrink Flims Market by Type
9. 4. 5. 3. 2 U. A. E Shrink Flims Market by Application
9. 4. 5. 4 Rest of Middle East and Africa Shrink Flims Market
9. 4. 5. 4. 1 Rest of Middle East and Africa Shrink Flims Market by Type
9. 4. 5. 4. 2 Rest of Middle East and Africa Shrink Flims Market by Application
9. 5. SOUTH AND CENTRAL AMERICA
9. 5. 1 South and Central America Shrink Flims Market Overview
9. 5. 2 South and Central America Shrink Flims Market Forecasts and Analysis
9. 5. 3 South and Central America Shrink Flims Market Forecasts and Analysis - By Type
9. 5. 4 South and Central America Shrink Flims Market Forecasts and Analysis - By Application
9. 5. 5 South and Central America Shrink Flims Market Forecasts and Analysis - By Countries
9. 5. 5. 1 Brazil Shrink Flims Market
9. 5. 5. 1. 1 Brazil Shrink Flims Market by Type
9. 5. 5. 1. 2 Brazil Shrink Flims Market by Application
9. 5. 5. 2 Argentina Shrink Flims Market
9. 5. 5. 2. 1 Argentina Shrink Flims Market by Type
9. 5. 5. 2. 2 Argentina Shrink Flims Market by Application
9. 5. 5. 3 Rest of South and Central America Shrink Flims Market
9. 5. 5. 3. 1 Rest of South and Central America Shrink Flims Market by Type
9. 5. 5. 3. 2 Rest of South and Central America Shrink Flims Market by Application
10. INDUSTRY LANDSCAPE
10. 1. MERGERS AND ACQUISITIONS
10. 2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10. 3. NEW PRODUCT LAUNCHES
10. 4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SHRINK FLIMS MARKET, KEY COMPANY PROFILES
11. 1. AEP GROUP
11. 1. 1. Key Facts
11. 1. 2. Business Description
11. 1. 3. Products and Services
11. 1. 4. Financial Overview
11. 1. 5. SWOT Analysis
11. 1. 6. Key Developments
11. 2. BERRY GLOBAL INC.
11. 2. 1. Key Facts
11. 2. 2. Business Description
11. 2. 3. Products and Services
11. 2. 4. Financial Overview
11. 2. 5. SWOT Analysis
11. 2. 6. Key Developments
11. 3. SIGMA STRETCH FILM
11. 3. 1. Key Facts
11. 3. 2. Business Description
11. 3. 3. Products and Services
11. 3. 4. Financial Overview
11. 3. 5. SWOT Analysis
11. 3. 6. Key Developments
11. 4. FUJI SEAL, INC.
11. 4. 1. Key Facts
11. 4. 2. Business Description
11. 4. 3. Products and Services
11. 4. 4. Financial Overview
11. 4. 5. SWOT Analysis
11. 4. 6. Key Developments
11. 5. ANCHOR PACKAGING LLC
11. 5. 1. Key Facts
11. 5. 2. Business Description
11. 5. 3. Products and Services
11. 5. 4. Financial Overview
11. 5. 5. SWOT Analysis
11. 5. 6. Key Developments
11. 6. DOW CHEMICAL COMPANY
11. 6. 1. Key Facts
11. 6. 2. Business Description
11. 6. 3. Products and Services
11. 6. 4. Financial Overview
11. 6. 5. SWOT Analysis
11. 6. 6. Key Developments
11. 7. INTERTAPE POLYMER GROUP
11. 7. 1. Key Facts
11. 7. 2. Business Description
11. 7. 3. Products and Services
11. 7. 4. Financial Overview
11. 7. 5. SWOT Analysis
11. 7. 6. Key Developments
11. 8. VINTECH POLYMERS PRIVATE LIMITED
11. 8. 1. Key Facts
11. 8. 2. Business Description
11. 8. 3. Products and Services
11. 8. 4. Financial Overview
11. 8. 5. SWOT Analysis
11. 8. 6. Key Developments
11. 9. ITALINDIA PACKPLUS
11. 9. 1. Key Facts
11. 9. 2. Business Description
11. 9. 3. Products and Services
11. 9. 4. Financial Overview
11. 9. 5. SWOT Analysis
11. 9. 6. Key Developments
11. 10. SUPER OLEFINS
11. 10. 1. Key Facts
11. 10. 2. Business Description
11. 10. 3. Products and Services
11. 10. 4. Financial Overview
11. 10. 5. SWOT Analysis
11. 10. 6. Key Developments
12. APPENDIX
12. 1. ABOUT THE INSIGHT PARTNERS
12. 2. GLOSSARY OF TERMS
The List Of Companies
- AEP Group
- Berry Global Inc.
- SIGMA STRETCH FILM
- Fuji Seal, Inc.
- Anchor Packaging LLC
- Dow Chemical Company
- Intertape Polymer Group
- Vintech Polymers Private Limited
- Italindia PackPlus
- SUPER OLEFINs
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