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Polyethylene Collation Shrink Film Market, Global Outlook and Forecast 2024-2030

Polyethylene Collation Shrink Film Market, Global Outlook and Forecast 2024-2030

  • Published on : 12 June 2024
  • Pages :127
  • Report Code:SMR-7960129

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Report overview

The global polyethylene collation shrink film market was valued at USD 195.82 million in 2023 and is projected to reach USD 275.03 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2024-2030). The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.​

The global key manufacturers of Polyethylene Collation Shrink Film include ExxonMobil, Dow, Muraplast, NOVA Chemicals, Polystar Plastics, Polythene UK, Interkan, NPP Group and Guangyuan packaging, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Polyethylene Collation Shrink Film, 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 Polyethylene Collation Shrink Film. This report contains market size and forecasts of Polyethylene Collation Shrink Film in global, including the following market information:
  • Global Polyethylene Collation Shrink Film Market Revenue, 2019-2024, 2025-2030, ($ millions)
  • Global Polyethylene Collation Shrink Film Market Sales, 2019-2024, 2025-2030, (Tons)
  • Global top five Polyethylene Collation Shrink Film companies in 2023 (%)

Healthcare Polyethylene Collation Shrink Film refers to a specialized type of plastic film used in the healthcare industry for packaging and bundling multiple products together. This film is made from polyethylene, a common thermoplastic polymer, known for its durability, flexibility, and strength. The primary purpose of this shrink film is to securely collate and protect healthcare products, such as pharmaceuticals, medical devices, and other related items, during storage and transportation.

End-User Industry Breakdown

  • Food and Beverage

    • Market Share: The food and beverage industry accounts for the largest share of the market, representing 35% of the total demand.
    • Key Drivers: The need for secure, hygienic, and tamper-evident packaging for products like bottled water, canned beverages, and bulk food items.
  • Consumer Goods

    • Market Share: Consumer goods hold approximately 25% of the market.
    • Key Drivers: Rising demand for packaging household items, electronics, and personal care products.
  • Pharmaceuticals

    • Market Share: The pharmaceutical sector constitutes about 15% of the market.
    • Key Drivers: Stringent regulations for safe and secure packaging of medical supplies and drugs.
  • Industrial Goods

    • Market Share: Industrial applications make up 20% of the market.
    • Key Drivers: The need for robust packaging solutions for tools, machinery, and construction materials.
  • Other Sectors

    • Market Share: Other sectors, including logistics and e-commerce, account for the remaining 5% of the market.
    • Key Drivers: Growth in online shopping and the need for efficient packaging during transportation.

Regional Insights

  • North America

    • Market Share: North America holds around 30% of the global market.
    • Key Statistics: The U.S. alone represents over 70% of the North American market, driven by high consumer demand and advanced packaging technologies.
  • Europe

    • Market Share: Europe accounts for 25% of the market.
    • Key Statistics: Germany, the UK, and France are the major contributors, with a combined market share of over 60% in the region.
  • Asia-Pacific

    • Market Share: The Asia-Pacific region is the fastest-growing, with a current share of 35%.
    • Key Statistics: China and India are the leading markets, fueled by rapid industrialization and urbanization.
  • Latin America and Middle East & Africa (LAMEA)

    • Market Share: LAMEA regions collectively hold 10% of the market.
    • Key Statistics: Brazil, South Africa, and the UAE are the key players, with increasing investments in packaging solutions.

Technological Advancements and Innovations

  • Biodegradable Films

    • Adoption Rate: Approximately 10% of end-users are transitioning to biodegradable shrink films to meet sustainability goals.
    • Future Trends: Expected to rise to 25% by 2030 due to growing environmental awareness.
  • High-Performance Films

    • Current Usage: Around 20% of the market consists of high-performance shrink films designed for enhanced durability and strength.
    • Projected Growth: Anticipated to reach 35% by 2030, particularly in the industrial goods sector.
  • Customization and Printing

    • Current Trends: 30% of end-users are opting for customized and printed shrink films for branding and marketing purposes.
    • Market Potential: Customization is expected to become a standard requirement, with up to 50% of users seeking tailored solutions by 2030.

While polyethylene shrink film offers numerous advantages, its environmental impact is a consideration. Efforts are being made to develop more sustainable options, such as biodegradable or recyclable films, to reduce the ecological footprint of healthcare packaging.

Healthcare Polyethylene Collation Shrink Film is an essential packaging solution in the healthcare industry, providing a secure, efficient, and cost-effective method for bundling and protecting medical and pharmaceutical products.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Polyethylene Collation Shrink Film 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 Polyethylene Collation Shrink Film Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Polyethylene Collation Shrink Film Market Segment Percentages, by Type, 2023 (%)

  • LLDPE
  • LDPE
  • MDPE
  • HDPE
Global Polyethylene Collation Shrink Film Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Polyethylene Collation Shrink Film Market Segment Percentages, by Application, 2023 (%)
  • Food & Beeverage
  • Medical
  • Consummer Goods
  • Electronics
  • Others
Global Polyethylene Collation Shrink Film Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Tons)
Global Polyethylene Collation Shrink Film Market Segment Percentages, By Region and Country, 2023 (%)
  • 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 Polyethylene Collation Shrink Film revenues in global market, 2019-2024 (Estimated), ($ millions)
  • Key companies Polyethylene Collation Shrink Film revenues share in global market, 2023 (%)
  • Key companies Polyethylene Collation Shrink Film sales in global market, 2019-2024 (Estimated), (Tons)
  • Key companies Polyethylene Collation Shrink Film sales share in global market, 2023 (%)
key players include:
  • ExxonMobil
  • Dow
  • Muraplast
  • NOVA Chemicals
  • Polystar Plastics
  • Polythene UK
  • Interkan
  • NPP Group
  • Guangyuan packaging
  • LyondellBasell
  • BPPLAS
  • INDEVCO Plastics
  • SABIC
  • Tilak Polypack
  • Super Olefins
  • Oliatra
  • Petoskey Plastics
  • Folplast
  • Aintree Plastics
  • Silvalac
  • Napco National
  • Plastic Union
  • Brentwood Plastics
  • Bischof + Klein
  • Shrinkpack
  • ATL Dunbar
  • KernPack
  • Masterpak
  • Ask Plastics
  • Sealed Air
  • Kureha
  • Coveris
  • Sigma Plastics Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Polyethylene Collation Shrink Film, market overview.
Chapter 2: Global Polyethylene Collation Shrink Film market size in revenue and volume.
Chapter 3: Detailed analysis of Polyethylene Collation Shrink Film 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 Polyethylene Collation Shrink Film 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 Polyethylene Collation Shrink Film 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.