Report overview
Shrink packaging is the process in which sheets of transparent plastic film are wrapped around a product to form a solid, weather-resistant packaging layer.
This report aims to provide a comprehensive presentation of the global market for Shrink Packaging, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Shrink Packaging. This report contains market size and forecasts of Shrink Packaging in global, including the following market information:
Global Shrink Packaging Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Shrink Packaging Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Shrink Packaging companies in 2022 (%)
The global Shrink Packaging market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia-Pacific dominates the global shrink packaging market. It is expected to be the fastest growing region for the market. Rapid growth in food and beverage industry in this region driving the growth of the market. Increasing demand for consumer goods in the region mainly due to high population is also fuelling the growth of the market. Additionally, availability of raw materials and low labor cost are the factors have the positive influence on the growth of the market. North America is also expected to contribute significantly during the forecast period. Increased consumption of beverages fuelling the growth of the market.
We surveyed the Shrink Packaging manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Shrink Packaging Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Shrink Packaging Market Segment Percentages, by Type, 2022 (%)
Linear Low Density Polyethylene (LLDPE)
Low Density Polyethylene (LDPE)
Poly vinyl chloride (PVC)
Others
Global Shrink Packaging Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Shrink Packaging Market Segment Percentages, by Application, 2022 (%)
Food Packaging
Beverages
Paper & Textile Products
Others
Global Shrink Packaging Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Shrink Packaging Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Shrink Packaging revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Shrink Packaging revenues share in global market, 2022 (%)
Key companies Shrink Packaging sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Shrink Packaging sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Deufol SE (Germany)
DowDuPont
Aakriti Packaging (India)
Amcor Ltd (Australia)
Bonset America Corporation (US)
American Eagle Packaging Corporation (U.S)
Bemis Company(US)
Berry Global, Inc (US)
Printpack Incorporated (US)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Shrink Packaging, market overview.
Chapter 2: Global Shrink Packaging market size in revenue and volume.
Chapter 3: Detailed analysis of Shrink Packaging manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Shrink Packaging in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Shrink Packaging capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
