The three main films used in shrink packaging material for protecting and securing products for the retail and shipping environments are polyvinyl chloride (PVC), polyethylene (PE), and polyolefin (POF). Each have different capabilities and characteristics that make them suitable for specific applications, and each can be co-extruded into multilayer films with different additives offering specific barrier properties required for shelf-life or appearance. Shrink films can be formed into flattened rollstock, bags, overwrap, banding and tubing, and add a form of tamper-resistant protection to packaged goods.
Shrink Wrap Film Market contains market size and forecasts of Shrink Wrap Film in global, including the following market information:
- Global Shrink Wrap Film Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Shrink Wrap Film Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Shrink Wrap Film companies in 2021 (%)
The global Shrink Wrap Film market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
PVC Shrink Film Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Shrink Wrap Film include Berry Plastics Corporation, Sealed Air Corporation, Amcor, Coveris Holdings, Reynolds, Sigma Plastics, Clondalkin, Polyrafia and Crayex Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Shrink Wrap 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 Shrink Wrap Film Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Shrink Wrap Film Market Segment Percentages, by Type, 2021 (%)
- PVC Shrink Film
- POF Shrink Film
- PE Shrink Film
- Others
Global Shrink Wrap Film Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Shrink Wrap Film Market Segment Percentages, by Application, 2021 (%)
- Food & Beverage
- Industrial Packaging
- Pharmaceutical
- Consumer Goods
- Others
Global Shrink Wrap Film Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Shrink Wrap Film Market Segment Percentages, By Region and Country, 2021 (%)
- 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 Film revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Shrink Wrap Film revenues share in global market, 2021 (%)
- Key companies Shrink Wrap Film sales in global market, 2017-2022 (Estimated), (K Units)
- Key companies Shrink Wrap Film sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Berry Plastics Corporation
- Sealed Air Corporation
- Amcor
- Coveris Holdings
- Reynolds
- Sigma Plastics
- Clondalkin
- Polyrafia
- Crayex Corporation
- Tri-Cor
- Amcor Limited