Shrink Plastic Film Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020-2025

Report Code: FBR 18237 Report Format: PDF + Excel (Delivery in 48 Hrs)

Shrink Plastic Film Market Overview

Shrink Plastic Film Market size is estimated to reach $3.1bn by 2025, growing at a CAGR of 3.5% during the forecast period 2020-2025. Shrink film, which is also called as the shrink-wrap is made of plastic and is used to cover different types of products. On applying of heat over this wrap, the cover over the products gets hold firmly to the products. This heat can be applied using the electric or gas heat guns or the products wrapped with plastic shrink film are moved through a heat tunnel or conveyor. The shrink plastic films are manufactured with a wide variety of shrink ratios, strengths, clarities, and thicknesses. Plastic is highly used as it is durable, easily mold and cheaper. The increased usage of the shrink plastic film in different types of packing like food and beverage, product packing, buildings, and others is driving the shrink plastic film market during the forecast period 2020-2025.

Shrink Plastic Film Market Report Coverage

The report: “Shrink Plastic Film Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Shrink Plastic Film Market. 
By Type: Printed and Unprinted
By Form: Flat roll-stock, Center-folded film, and Pre-formed plastic shrink bags
By Application: Buildings, Food Packaging, Beverages Packaging, Products Packaging, Industrial Packaging, and Others
By Geography: North America, Asia-Pacific, Europe, and Rest of the World

Key Takeaways

  • Geographically, North America’s Shrink Plastic Film Market accounted for the highest revenue share in 2019 and it is poised to dominate during the forecast period 2020-2025 owing to the increased usage in different types of industries for packing the goods.
  • The increase in industrialization and increase in demand for the shrink plastic film in different industries for packing of products is driving the market during the forecast period 2020-2025.
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Shrink Plastic Film Market report.
  • Shrink plastic film helps in holding the products firmly, which makes the storage and transportation easier and it also helps the durability of the product by being resistant to climatic conditions and other damages.

By Form - Segment Analysis

The Form segment of the Shrink Plastic Film Market has Flat roll-stock, Center-folded film, and Pre-formed plastic shrink bags. The Flat roll-stock segment registers for the highest market share in 2019 and is set to continue for the forecast period 2020-2025. The availability of flat roll-stock in different sizes and are suitable for packing different products is driving the market in this segment. Having properties like lightweight and being resistant to water, dust, and other is driving the usage of shrink plastic film in different segments and boosting the market growth. Pre-formed plastic shrink bags are the plastic bags that are open at one end and increased usage of these bags in the packing of small products like groceries, food and beverages is fueling the growth in this segment during the forecast period 2020-2025.

By Application - Segment Analysis

The Application segment of the Shrink Plastic Film Market has Buildings, Food Packaging, Beverages Packaging, Products Packaging, Industrial Packaging, and Others. The Beverages Packaging segment registers for the highest market share in 2019 and is set to continue for the forecast period 2020-2025, owing to the increased usage of the beverages globally, and adding the printed wrap on the beverages attracts the customers. The Products Packaging segment is also set to grow owing to the increased usage of the plastic film in packing products like gift articles, groceries, electronics and others. The usage of shrink plastic film in bulk packing of the different products made in the companies are driving the market in the industrial segment. As the shrink film helps in packing in required batches, keeping the products clean and also stabilizes the products, these properties are driving the shrink plastic film in different segments.

By Geography - Segment Analysis

Based on Geography the global Shrink Plastic Film Market is segmented into North America, Europe, Asia-Pacific and the Rest of the World. North America had a dominant share in terms of revenue in 2019 and it holds the largest market share during the forecast period 2020-2025, owing to the increased usage of plastic shrink film in packing foods and beverages. The increase in the number of different industries and the availability of new manufacturers for shrink plastic films is driving the market in the Asia-Pacific region during the forecast period 2020-2025. The increased applicability of the shrink plastic film in different sectors is driving the market in the different regions of the world.

Drivers – Shrink Plastic Film Market

  • Increase in usage of shrink plastic films

The increase in usage of plastic film in the packing and storage of different types of products and increased usage in the food and beverage industries is driving the market during the forecast period 2020-2025. 

Challenges – Shrink Plastic Film Market

  • Lack of good disposal system

The shrink film made of plastic causes damage to the environment as they are not bio-degradable and the non-availability of a good disposal system to dispose of this plastic film is challenging the market growth during the forecast period 2020-2025. Ban of plastic in few countries and plastic having qualities likes leaving carbon deposits is hampering the market growth. 

Shrink Plastic Film Industry outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Shrink Plastic Film Market. Key companies of this market are Aep Industry Inc, Berry Plastic Corporation, Sigma Plastics, FUJI Seal International Inc, Bemis Company, Inc, Polymer Group Inc, Intertape Polymer Group Inc, Coveris Holding S A, Sealed Air Corporation, Ceisa Packaging SA, and others.

Acquisitions/Product Launches:

  • In September 2016, Sigma plastics has announced the partnership with the Alliance barrier Films, LLC., under this partnership Alliance joined Sigma under ISOFlex Packaging division to manufacture the packing film outside the Washington Indiana location 
  • In August 2018, Berry Global Group, Inc. has acquired the Laddawn, Inc., which is the manufacturer of the blown polythene bags and films, by this acquisition the Berry group has increased its sales in the e-commerce platform. 
1. Shrink Plastic Film Market - Overview
    1.1 Definitions and Scope
2. Shrink Plastic Film Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends 
    2.2 Key trends by Type
    2.3 Key trends by Form
    2.4 Key trends by Application
    2.5 Key trends by Geography
3. Shrink Plastic Film Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies 
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Shrink Plastic Film Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Shrink Plastic Film Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Shrink Plastic Film - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Shrink Plastic Film Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Shrink Plastic Film Market – By Type (Market Size –$Million/$Billion)
    8.1 Printed
    8.2 Unprinted
9. Shrink Plastic Film Market – By Form (Market Size –$Million/$Billion)
    9.1 Flat roll-stock
    9.2 Center-folded film
    9.3 Pre-formed plastic shrink bags
10. Shrink Plastic Film Market – By Application (Market Size –$Million/$Billion)
    10.1 Buildings 
    10.2 Food packaging
    10.3 Beverages Packaging
    10.4 Products Packaging
    10.5 Industrial Packaging
    10.6 Others
11. Shrink Plastic Film Market - By Geography (Market Size –$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia-Pacific
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Shrink Plastic Film Market - Entropy
13. Shrink Plastic Film Market – Industry/Segment Competition Landscape   Premium 
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Countries – Key Companies
        13.1.4 Best Practices for Companies
14. Shrink Plastic Film Market – Key Company List by Country Premium Premium
15. Shrink Plastic Film Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Shrink Film For Beverage Multipacks Market, By Type Market 2019-2024 ($M)
1.1 Printed Market 2019-2024 ($M) - Global Industry Research
1.2 Unprinted Market 2019-2024 ($M) - Global Industry Research
2.Global Shrink Film For Beverage Multipacks Market, By Type Market 2019-2024 (Volume/Units)
2.1 Printed Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Unprinted Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Shrink Film For Beverage Multipacks Market, By Type Market 2019-2024 ($M)
3.1 Printed Market 2019-2024 ($M) - Regional Industry Research
3.2 Unprinted Market 2019-2024 ($M) - Regional Industry Research
4.South America Shrink Film For Beverage Multipacks Market, By Type Market 2019-2024 ($M)
4.1 Printed Market 2019-2024 ($M) - Regional Industry Research
4.2 Unprinted Market 2019-2024 ($M) - Regional Industry Research
5.Europe Shrink Film For Beverage Multipacks Market, By Type Market 2019-2024 ($M)
5.1 Printed Market 2019-2024 ($M) - Regional Industry Research
5.2 Unprinted Market 2019-2024 ($M) - Regional Industry Research
6.APAC Shrink Film For Beverage Multipacks Market, By Type Market 2019-2024 ($M)
6.1 Printed Market 2019-2024 ($M) - Regional Industry Research
6.2 Unprinted Market 2019-2024 ($M) - Regional Industry Research
7.MENA Shrink Film For Beverage Multipacks Market, By Type Market 2019-2024 ($M)
7.1 Printed Market 2019-2024 ($M) - Regional Industry Research
7.2 Unprinted Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Shrink Plastic Film Market Revenue, 2019-2024 ($M)
2.Canada Shrink Plastic Film Market Revenue, 2019-2024 ($M)
3.Mexico Shrink Plastic Film Market Revenue, 2019-2024 ($M)
4.Brazil Shrink Plastic Film Market Revenue, 2019-2024 ($M)
5.Argentina Shrink Plastic Film Market Revenue, 2019-2024 ($M)
6.Peru Shrink Plastic Film Market Revenue, 2019-2024 ($M)
7.Colombia Shrink Plastic Film Market Revenue, 2019-2024 ($M)
8.Chile Shrink Plastic Film Market Revenue, 2019-2024 ($M)
9.Rest of South America Shrink Plastic Film Market Revenue, 2019-2024 ($M)
10.UK Shrink Plastic Film Market Revenue, 2019-2024 ($M)
11.Germany Shrink Plastic Film Market Revenue, 2019-2024 ($M)
12.France Shrink Plastic Film Market Revenue, 2019-2024 ($M)
13.Italy Shrink Plastic Film Market Revenue, 2019-2024 ($M)
14.Spain Shrink Plastic Film Market Revenue, 2019-2024 ($M)
15.Rest of Europe Shrink Plastic Film Market Revenue, 2019-2024 ($M)
16.China Shrink Plastic Film Market Revenue, 2019-2024 ($M)
17.India Shrink Plastic Film Market Revenue, 2019-2024 ($M)
18.Japan Shrink Plastic Film Market Revenue, 2019-2024 ($M)
19.South Korea Shrink Plastic Film Market Revenue, 2019-2024 ($M)
20.South Africa Shrink Plastic Film Market Revenue, 2019-2024 ($M)
21.North America Shrink Plastic Film By Application
22.South America Shrink Plastic Film By Application
23.Europe Shrink Plastic Film By Application
24.APAC Shrink Plastic Film By Application
25.MENA Shrink Plastic Film By Application
26.Aep Industry Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Amcor Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Bemis Company, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Berry Plastic Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Coveris Holding S A, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Ceisa Packaging Sa, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Clondalkin Group Holding Bv, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Plastotecnica Spa, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Rkw Se, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Sealed Air Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)