The global heat shrinkable film market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for heat shrinkable films in various applications such as food and beverage, industrial packaging, pharmaceuticals, and consumer goods. Heat shrinkable films are used in various applications such as food and beverage packaging, industrial packaging, pharmaceuticals packaging, and consumer goods packaging due to their ability to provide protection against moisture or air leakage.
The PVC heat shrinkable film segment is expected to account for the largest share of the global market during the forecast period owing to its high demand in various end-use industries such as food & beverage and industrial packing. The PETG heat shrinkable film segment is expected to witness significant growth during the forecast period owing to its high demand in various end-use industries such as pharmaceuticals & medical devices and consumer goods.
Some Of The Growth Factors Of This Market:
- Increasing awareness about food safety issues has led to an increase in demand for heat shrinkable films as they are considered safe and reliable packaging solutions that can be used in various applications such as fresh meat, poultry, seafoods, fruits & vegetables etc, which are prone to contamination during transportation or storage periods due to their high moisture content or low pH levels etc,.
- Heat shrinkable films offer protection against moisture loss and spoilage of packaged products during transportation or storage periods due to their excellent barrier properties against water vapor transmission; this makes them suitable for use with perishable goods like fresh meat, poultry, seafoods etc,.
- Heat shrinkable films also offer protection against mechanical damage caused by external forces like pressure changes during transportation or storage periods; this makes them suitable for use with fragile goods like glassware.
Industry Growth Insights published a new data on “Heat Shrinkable Film Market”. The research report is titled “Heat Shrinkable Film Market research by Types (PVC Heat Shrinkable Film, OPS Heat Shrinkable Film, PETG Heat Shrinkable Film, Others), By Applications (Food & Beverage, Industrial Packaging, Pharmaceutical, Consumer Goods, Others), By Players/Companies Allen Plastic Industries, Bonset America Corporation (CI Takiron), Toyo Heisei Polymer, Mitsubishi Chemical, Sealed Air, Web Plastics Company, Propak Industries, Now Plastics”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Shrinkable Film Market Research Report
By Type
PVC Heat Shrinkable Film, OPS Heat Shrinkable Film, PETG Heat Shrinkable Film, Others
By Application
Food & Beverage, Industrial Packaging, Pharmaceutical, Consumer Goods, Others
By Companies
Allen Plastic Industries, Bonset America Corporation (CI Takiron), Toyo Heisei Polymer, Mitsubishi Chemical, Sealed Air, Web Plastics Company, Propak Industries, Now Plastics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Heat Shrinkable Film Market Report Segments:
The global Heat Shrinkable Film market is segmented on the basis of:
Types
PVC Heat Shrinkable Film, OPS Heat Shrinkable Film, PETG Heat Shrinkable Film, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Industrial Packaging, Pharmaceutical, Consumer Goods, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Allen Plastic Industries
- Bonset America Corporation (CI Takiron)
- Toyo Heisei Polymer
- Mitsubishi Chemical
- Sealed Air
- Web Plastics Company
- Propak Industries
- Now Plastics
Highlights of The Heat Shrinkable Film Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PVC Heat Shrinkable Film
- OPS Heat Shrinkable Film
- PETG Heat Shrinkable Film
- Others
- By Application:
- Food & Beverage
- Industrial Packaging
- Pharmaceutical
- Consumer Goods
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heat Shrinkable Film Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heat shrinkable film is a type of plastic film that shrinks when heated. This makes it ideal for use in applications where heat or pressure must be applied, such as packaging and labels.
Some of the major companies in the heat shrinkable film market are Allen Plastic Industries, Bonset America Corporation (CI Takiron), Toyo Heisei Polymer, Mitsubishi Chemical, Sealed Air, Web Plastics Company, Propak Industries, Now Plastics.
The heat shrinkable film market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Heat Shrinkable Film Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Heat Shrinkable Film Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Heat Shrinkable Film Market - Supply Chain
4.5. Global Heat Shrinkable Film Market Forecast
4.5.1. Heat Shrinkable Film Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Heat Shrinkable Film Market Size (000 Units) and Y-o-Y Growth
4.5.3. Heat Shrinkable Film Market Absolute $ Opportunity
5. Global Heat Shrinkable Film Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Heat Shrinkable Film Market Size and Volume Forecast by Type
5.3.1. PVC Heat Shrinkable Film
5.3.2. OPS Heat Shrinkable Film
5.3.3. PETG Heat Shrinkable Film
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Heat Shrinkable Film Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Heat Shrinkable Film Market Size and Volume Forecast by Application
6.3.1. Food & Beverage
6.3.2. Industrial Packaging
6.3.3. Pharmaceutical
6.3.4. Consumer Goods
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Heat Shrinkable Film Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Heat Shrinkable Film Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Heat Shrinkable Film Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Heat Shrinkable Film Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Heat Shrinkable Film Demand Share Forecast, 2019-2026
9. North America Heat Shrinkable Film Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Heat Shrinkable Film Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Heat Shrinkable Film Market Size and Volume Forecast by Application
9.4.1. Food & Beverage
9.4.2. Industrial Packaging
9.4.3. Pharmaceutical
9.4.4. Consumer Goods
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Heat Shrinkable Film Market Size and Volume Forecast by Type
9.7.1. PVC Heat Shrinkable Film
9.7.2. OPS Heat Shrinkable Film
9.7.3. PETG Heat Shrinkable Film
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Heat Shrinkable Film Demand Share Forecast, 2019-2026
10. Latin America Heat Shrinkable Film Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Heat Shrinkable Film Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Heat Shrinkable Film Market Size and Volume Forecast by Application
10.4.1. Food & Beverage
10.4.2. Industrial Packaging
10.4.3. Pharmaceutical
10.4.4. Consumer Goods
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Heat Shrinkable Film Market Size and Volume Forecast by Type
10.7.1. PVC Heat Shrinkable Film
10.7.2. OPS Heat Shrinkable Film
10.7.3. PETG Heat Shrinkable Film
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Heat Shrinkable Film Demand Share Forecast, 2019-2026
11. Europe Heat Shrinkable Film Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Heat Shrinkable Film Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Heat Shrinkable Film Market Size and Volume Forecast by Application
11.4.1. Food & Beverage
11.4.2. Industrial Packaging
11.4.3. Pharmaceutical
11.4.4. Consumer Goods
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Heat Shrinkable Film Market Size and Volume Forecast by Type
11.7.1. PVC Heat Shrinkable Film
11.7.2. OPS Heat Shrinkable Film
11.7.3. PETG Heat Shrinkable Film
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Heat Shrinkable Film Demand Share, 2019-2026
12. Asia Pacific Heat Shrinkable Film Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Heat Shrinkable Film Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Heat Shrinkable Film Market Size and Volume Forecast by Application
12.4.1. Food & Beverage
12.4.2. Industrial Packaging
12.4.3. Pharmaceutical
12.4.4. Consumer Goods
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Heat Shrinkable Film Market Size and Volume Forecast by Type
12.7.1. PVC Heat Shrinkable Film
12.7.2. OPS Heat Shrinkable Film
12.7.3. PETG Heat Shrinkable Film
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Heat Shrinkable Film Demand Share, 2019-2026
13. Middle East & Africa Heat Shrinkable Film Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Heat Shrinkable Film Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Heat Shrinkable Film Market Size and Volume Forecast by Application
13.4.1. Food & Beverage
13.4.2. Industrial Packaging
13.4.3. Pharmaceutical
13.4.4. Consumer Goods
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Heat Shrinkable Film Market Size and Volume Forecast by Type
13.7.1. PVC Heat Shrinkable Film
13.7.2. OPS Heat Shrinkable Film
13.7.3. PETG Heat Shrinkable Film
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Heat Shrinkable Film Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Heat Shrinkable Film Market: Market Share Analysis
14.2. Heat Shrinkable Film Distributors and Customers
14.3. Heat Shrinkable Film Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Allen Plastic Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bonset America Corporation (CI Takiron)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Toyo Heisei Polymer
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mitsubishi Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sealed Air
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Web Plastics Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Propak Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Now Plastics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
