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Global Shrink Plastic Film Market to reach USD 3.2 billion by 2027

Global Shrink Plastic Film Market Size study by Type ( Unprinted, Printed), by Multipack (3X2, 4X2, 4X3, 6X3, Other), by Application Packaging ( Can, Bottle, Brick), By Application ( Alcoholic beverages, Water, Carbonated Soft drinks, Other drinks) and Regional Forecasts 2020-2027

Product Code: CAMPCAA_43362103
Publish Date: 18-02-2020
Page: 200

Global Shrink Plastic Film Market is valued approximately at USD 2.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 3.5% over the forecast period 2020-2027. Shrink plastic film is composed of synthetic film made from silicone. The product is coated with plastic and heat is applied to the material, which shrinks closely around the object it contains. The shrink plastic film is used mainly for food packaging, packing, and bottling. The plastic shrink film contains polyolefin, PVC, polyethylene, polypropylene, and many other compositions. Polyolefin is a preferred plastic film used for coating and wrapping due to its chemical and physical characteristics such as affordability, range of thicknesses, transparency, strengths and shrinkage ratio to shrink plastic film made from other materials. Rising demand from the food and beverage industry due to its different applicability to the industry is one of the prominent factor contributing towards the market growth. However, the availability of alternative plastic materials may be a major constraining factor for the growth of the global plastic film shrink market. Apart from this, the key players of global Shrink Plastic Film market have adopted various strategies to gain competitive advantage including product launch, mergers and acquisition, partnerships and agreements, investment, funding and others. For instance, in February 2020, Coveris Holdings SA (Austria) is expanding its capacity and investing further in its Kufstein plant. The company plans to expand and upgrade its technical capabilities in Kufstein, Austria, by investing in a 5-layer agri-extrusion specialist line. In June 2019, Amcor Plc (Switzerland) purchased Bemis Company Inc. (US) to enhance its hold on the US market.

The regional analysis of global Shrink Plastic Film market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to presence of a number of consumer goods manufacturing companies. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rapidly growing industrialization and demand for packaging material such as shrink plastic film and increase in the purchasing capacity, would create lucrative growth prospects for the Shrink Plastic Film market across Asia-Pacific region.

Major market player included in this report are:
Amcor Plc
Coveris Holdings Sa
Ceisa Semo
Clondalkin Group
RKW Group
Berry Global Inc
Plastotecnica SpA
Clearpack group
Sarkina
Baroda Packaging
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Unprinted
Printed

By Multipack:
3X2
4X2
4X3
6X3
Other
By Application Packaging:
Can
Bottle
Brick
By Application:
Alcoholic beverages
Water
Carbonated Soft drinks
Other drinks

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Shrink Plastic Film Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Shrink Plastic Film Market, by Region, 2018-2027 (USD Billion)
1.2.2. Shrink Plastic Film Market, by Type, 2018-2027 (USD Billion)
1.2.3. Shrink Plastic Film Market, by Multipack, 2018-2027 (USD Billion)
1.2.4. Shrink Plastic Film Market, by Application Packaging, 2018-2027 (USD Billion)
1.2.5. Shrink Plastic Film Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Shrink Plastic Film Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Application: Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Shrink Plastic Film Market Dynamics
3.1. Shrink Plastic Film Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Shrink Plastic Film Market: Application: Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Shrink Plastic Film Market, by Type
5.1. Market Snapshot
5.2. Global Shrink Plastic Film Market by Type, Performance – Potential Analysis
5.3. Global Shrink Plastic Film Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
5.4. Shrink Plastic Film Market, Sub Segment Analysis
5.4.1. Unprinted
5.4.2. Printed
Chapter 6. Global Shrink Plastic Film Market, by Multipack
6.1. Market Snapshot
6.2. Global Shrink Plastic Film Market by Multipack, Performance – Potential Analysis
6.3. Global Shrink Plastic Film Market Estimates & Forecasts by Multipack 2017-2027 (USD Billion)
6.4. Shrink Plastic Film Market, Sub Segment Analysis
6.4.1. 3X2
6.4.2. 4X2
6.4.3. 4X3
6.4.4. 6X3
6.4.5. Other
Chapter 7. Global Shrink Plastic Film Market, by Application Packaging
7.1. Market Snapshot
7.2. Global Shrink Plastic Film Market by Application Packaging, Performance – Potential Analysis
7.3. Global Shrink Plastic Film Market Estimates & Forecasts by Application Packaging2017-2027 (USD Billion)
7.4. Shrink Plastic Film Market, Sub Segment Analysis
7.4.1. Can
7.4.2. Bottle
7.4.3. Brick
Chapter 8. Global Shrink Plastic Film Market, by Application
8.1. Market Snapshot
8.2. Global Shrink Plastic Film Market by Application:, Performance – Potential Analysis
8.3. Global Shrink Plastic Film Market Estimates & Forecasts by Application:: 2017-2027 (USD Billion)
8.4. Shrink Plastic Film Market, Sub Segment Analysis
8.4.1. Alcoholic beverages
8.4.2. Water
8.4.3. Carbonated Soft drinks
8.4.4. Other drinks

Chapter 9. Global Shrink Plastic Film Market, Regional Analysis
9.1. Shrink Plastic Film Market, Regional Market Snapshot
9.2. North America Shrink Plastic Film Market
9.2.1. U.S. Shrink Plastic Film Market
9.2.1.1. Type breakdown estimates & forecasts, 2017-2027
9.2.1.2. Multipack breakdown estimates & forecasts, 2017-2027
9.2.1.3. Application Packaging breakdown estimates & forecasts, 2017-2027
9.2.1.4. Application breakdown estimates & forecasts, 2017-2027
9.2.2. Canada Shrink Plastic Film Market
9.3. Europe Shrink Plastic Film Market Snapshot
9.3.1. U.K. Shrink Plastic Film Market
9.3.2. Germany Shrink Plastic Film Market
9.3.3. France Shrink Plastic Film Market
9.3.4. Spain Shrink Plastic Film Market
9.3.5. Italy Shrink Plastic Film Market
9.3.6. Rest of Europe Shrink Plastic Film Market
9.4. Asia-Pacific Shrink Plastic Film Market Snapshot
9.4.1. China Shrink Plastic Film Market
9.4.2. India Shrink Plastic Film Market
9.4.3. Japan Shrink Plastic Film Market
9.4.4. Australia Shrink Plastic Film Market
9.4.5. South Korea Shrink Plastic Film Market
9.4.6. Rest of Asia Pacific Shrink Plastic Film Market
9.5. Latin America Shrink Plastic Film Market Snapshot
9.5.1. Brazil Shrink Plastic Film Market
9.5.2. Mexico Shrink Plastic Film Market
9.6. Rest of The World Shrink Plastic Film Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Amcor Plc
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Type Summary
10.2.1.5. Recent Developments
10.2.2. Coveris Holdings Sa
10.2.3. Ceisa Semo
10.2.4. Clondalkin Group
10.2.5. RKW Group
10.2.6. Berry Global Inc
10.2.7. Plastotecnica SpA
10.2.8. Clearpack group
10.2.9. Sarkina
10.2.10. Baroda Packaging
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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