Report overview
Shrink wrap, also shrink film, is a material made up of polymer plastic film. When heat is applied, it shrinks tightly over whatever it is covering. Shrink Wrap Service is a kind of secondary packaging service.Shrink wrap can be made from different materials and varies dramatically based on the intended use. The four most common materials shrink wrap is made from is PVC, polyolefin, polyethylene, and polypropylene. Polyethylene and polypropylene shrink wrap are most often used for heavier shrink wrapping applications. PVC and polyolefin shrink wrap are most often used within the retail packaging industry.
This report aims to provide a comprehensive presentation of the global market for Shrink Wrap 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 Wrap Packaging. This report contains market size and forecasts of Shrink Wrap Packaging in global, including the following market information:
Global Shrink Wrap Packaging Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Shrink Wrap 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.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Shrink Wrap for Industrial Protection Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Shrink Wrap Packaging include Econo-Pak, Assemblies Unlimited, U.S. Packaging & Wrapping LLC., Actionpakinc, Mr. ShrinkWrap, Ozanam Industries, Professional Packaging Systems, BELFOR and Craters & Freighters, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Shrink Wrap Packaging companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Shrink Wrap Packaging Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Shrink Wrap Packaging Market Segment Percentages, by Type, 2022 (%)
Shrink Wrap for Industrial Protection
Shrink Wrap for Tubing
Shrink Wrap for Retail Packing
Global Shrink Wrap Packaging Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Shrink Wrap Packaging Market Segment Percentages, by Application, 2022 (%)
Electronics Industry
Industrial Industry
Retail Industry
Others
Global Shrink Wrap Packaging Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Shrink Wrap 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 Wrap Packaging revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Shrink Wrap Packaging revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Econo-Pak
Assemblies Unlimited
U.S. Packaging & Wrapping LLC.
Actionpakinc
Mr. ShrinkWrap
Ozanam Industries
Professional Packaging Systems
BELFOR
Craters & Freighters
pickitandpackit
Unlimatedshrinkwrap
MDI
MULTIPACK GROUP
Liberty Intercept
ShrinkWrapPros
Steller Packing
Portlandshrinkwrap
ATLANTIC SHRINK WRAPPING
Shrink Wrap Co
Boat Butler
NJ Shrink Wrapping
Affordable Shrink Wrap Service
Outline of Major Chapters:
Chapter 1: Introduces the definition of Shrink Wrap Packaging, market overview.
Chapter 2: Global Shrink Wrap Packaging market size in revenue.
Chapter 3: Detailed analysis of Shrink Wrap Packaging company competitive landscape, revenue and 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 Wrap 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: The main points and conclusions of the report.
