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.
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.
In 2019, the market size of Shrink Packaging is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Shrink Packaging.
This report studies the global market size of Shrink Packaging, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Shrink Packaging production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Deufol SE (Germany)
Dow Chemical Company (U.S.)
Aakriti Packaging (India)
Amcor Ltd (Australia)
Bonset America Corporation (U.S.)
American Eagle Packaging Corporation (U.S)
Bemis Company, Inc. (U.S.)
Berry Global, Inc (U.S.)
Printpack Incorporated (U.S.)
Market Segment by Product Type
Linear Low Density Polyethylene (LLDPE)
Low Density Polyethylene (LDPE)
Poly vinyl chloride (PVC)
Others
Market Segment by Application
Food Packaging
Beverages
Paper & Textile Products
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Shrink Packaging status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Shrink Packaging manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Shrink Packaging are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Shrink Packaging. Industry analysis & Market Report on Shrink Packaging is a syndicated market report, published as Global (United States, European Union and China) Shrink Packaging Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Shrink Packaging market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.