Market Overview:
The global polyethylene (PE) heat shrink films market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PE heat shrink films from various end-use industries, such as food & beverages, office supplies, building materials, and other products. In terms of type, LDPE heat shrink film is expected to dominate the market during the forecast period owing to its properties such as high clarity and toughness.
 Heat Shrink Films Industry Outlook.svg)
Product Definition:
Polyethylene (PE) Heat Shrink Films are used to protect and seal products during transit. The films are heated, which causes them to shrink around the product, forming a tight seal. This helps to protect the product from damage and moisture.
LDPE Heat Shrink Film:
LDPE heat shrink film is a type of plastic film that is widely used in packaging applications. It offers several advantages over other films such as flexibility, low cost, and high shrinkage which makes it suitable for various end-use industries. The major application areas include electrical & electronics, consumer goods & appliances and medical devices among others.
LLDPE Heat Shrink Film:
LLDPE (Low-Density Polyethylene) heat shrink films are widely used in the packaging industry owing to their several properties such as excellent resistance to solvents, high temperature, and low moisture. LLDPE is a kind of polyolefin that contains branched and straight-chain hydrocarbon groups. It has lower density than PE but higher molecular weight which gives it better dimensional stability under stress than PE.
Application Insights:
The other products segment dominated the global market in terms of revenue share in 2017. Other applications include electronics, medical devices, automotive and aerospace components among others. PE shrink films are used for manufacturing electronic components as they offer high thermal resistance which helps avoid overheating issues. They are also used to make medical devices that need to be kept at a certain temperature range such as X-ray equipment and surgical instruments among others. Automotive & aerospace components use these films for insulation purposes since they cannot tolerate high temperatures otherwise known as Temerature Rise Above Threshold (TRAT). These types of films are also used in the construction industry where it is required that building materials maintain a certain temperature range during transit or storage without getting damaged or deteriorated due to heat exposure.
Regional Analysis:
Asia Pacific dominated the global market in 2016 and is expected to continue its dominance over the forecast period. The growth of the region can be attributed to rising product demand from end-use industries such as food & beverages, building & construction, and automotive. Increasing disposable income coupled with growing population has resulted in increased demand for consumer products which will further drive industry expansion.
The European market is anticipated to witness significant growth over the next eight years owing to increasing use of PE heat shrink films across major application industries such as electrical & electronics, medical devices, aerospace components manufacturing and others. North America also holds a considerable share of global revenue due to high consumption levels within this region for applications that require temperature resistance capabilities in extreme climatic conditions such as -40°C or higher temperatures found during transportation or storage processes.
Growth Factors:
- Increasing demand from end-use industries such as automotive, electrical and electronics, and construction
- Rising demand for lightweight and durable packaging materials
- Growing popularity of PE films for food packaging applications
- Technological advancements in PE film manufacturing process
- Rising disposable income levels in developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyethylene (PE) Heat Shrink Films Market Research Report
By Type
LDPE Heat Shrink Film, LLDPE Heat Shrink Film
By Application
Food & Beverages, Office Supplies, Building Materials, Other Products
By Companies
AEP Industries, RETAL, Sealed Air, Krupa Plastic Industries, Brentwood Plastics, Allen Plastic Industries, Shandong Yemai Plastic, Suzhou Yuxinhong Plastic Packaging, Benison Co., Ltd.
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Polyethylene (PE) Heat Shrink Films Market Report Segments:
The global Polyethylene (PE) Heat Shrink Films market is segmented on the basis of:
Types
LDPE Heat Shrink Film, LLDPE Heat Shrink Film
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 & Beverages, Office Supplies, Building Materials, Other Products
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:
- AEP Industries
- RETAL
- Sealed Air
- Krupa Plastic Industries
- Brentwood Plastics
- Allen Plastic Industries
- Shandong Yemai Plastic
- Suzhou Yuxinhong Plastic Packaging
- Benison Co., Ltd.
 Heat Shrink Films Market Overview.svg)
Highlights of The Polyethylene (PE) Heat Shrink Films 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:
- LDPE Heat Shrink Film
- LLDPE Heat Shrink Film
- By Application:
- Food & Beverages
- Office Supplies
- Building Materials
- Other Products
- 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 Polyethylene (PE) Heat Shrink Films 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Heat Shrink Films Market Statistics.svg)
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?
Polyethylene (PE) heat shrink films are a type of film that is used to protect electronic equipment from overheating. The film is made up of many small pieces that can be heated and then quickly shrunk together to create a protective barrier against heat. This film is often used in devices such as laptops, tablets, and smartphones.
Some of the key players operating in the polyethylene (pe) heat shrink films market are AEP Industries, RETAL, Sealed Air, Krupa Plastic Industries, Brentwood Plastics, Allen Plastic Industries, Shandong Yemai Plastic, Suzhou Yuxinhong Plastic Packaging, Benison Co., Ltd..
The polyethylene (pe) heat shrink films market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polyethylene (PE) Heat Shrink Films 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. Polyethylene (PE) Heat Shrink Films Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polyethylene (PE) Heat Shrink Films Market - Supply Chain
4.5. Global Polyethylene (PE) Heat Shrink Films Market Forecast
4.5.1. Polyethylene (PE) Heat Shrink Films Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polyethylene (PE) Heat Shrink Films Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polyethylene (PE) Heat Shrink Films Market Absolute $ Opportunity
5. Global Polyethylene (PE) Heat Shrink Films 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. Polyethylene (PE) Heat Shrink Films Market Size and Volume Forecast by Type
5.3.1. LDPE Heat Shrink Film
5.3.2. LLDPE Heat Shrink Film
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polyethylene (PE) Heat Shrink Films 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. Polyethylene (PE) Heat Shrink Films Market Size and Volume Forecast by Application
6.3.1. Food & Beverages
6.3.2. Office Supplies
6.3.3. Building Materials
6.3.4. Other Products
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Polyethylene (PE) Heat Shrink Films 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. Polyethylene (PE) Heat Shrink Films 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 Polyethylene (PE) Heat Shrink Films 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. Polyethylene (PE) Heat Shrink Films 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 Polyethylene (PE) Heat Shrink Films Demand Share Forecast, 2019-2026
9. North America Polyethylene (PE) Heat Shrink Films 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 Polyethylene (PE) Heat Shrink Films 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 Polyethylene (PE) Heat Shrink Films Market Size and Volume Forecast by Application
9.4.1. Food & Beverages
9.4.2. Office Supplies
9.4.3. Building Materials
9.4.4. Other Products
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Polyethylene (PE) Heat Shrink Films Market Size and Volume Forecast by Type
9.7.1. LDPE Heat Shrink Film
9.7.2. LLDPE Heat Shrink Film
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 Polyethylene (PE) Heat Shrink Films Demand Share Forecast, 2019-2026
10. Latin America Polyethylene (PE) Heat Shrink Films 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 Polyethylene (PE) Heat Shrink Films 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 Polyethylene (PE) Heat Shrink Films Market Size and Volume Forecast by Application
10.4.1. Food & Beverages
10.4.2. Office Supplies
10.4.3. Building Materials
10.4.4. Other Products
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Polyethylene (PE) Heat Shrink Films Market Size and Volume Forecast by Type
10.7.1. LDPE Heat Shrink Film
10.7.2. LLDPE Heat Shrink Film
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 Polyethylene (PE) Heat Shrink Films Demand Share Forecast, 2019-2026
11. Europe Polyethylene (PE) Heat Shrink Films 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 Polyethylene (PE) Heat Shrink Films 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 Polyethylene (PE) Heat Shrink Films Market Size and Volume Forecast by Application
11.4.1. Food & Beverages
11.4.2. Office Supplies
11.4.3. Building Materials
11.4.4. Other Products
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Polyethylene (PE) Heat Shrink Films Market Size and Volume Forecast by Type
11.7.1. LDPE Heat Shrink Film
11.7.2. LLDPE Heat Shrink Film
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 Polyethylene (PE) Heat Shrink Films Demand Share, 2019-2026
12. Asia Pacific Polyethylene (PE) Heat Shrink Films 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 Polyethylene (PE) Heat Shrink Films 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 Polyethylene (PE) Heat Shrink Films Market Size and Volume Forecast by Application
12.4.1. Food & Beverages
12.4.2. Office Supplies
12.4.3. Building Materials
12.4.4. Other Products
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Polyethylene (PE) Heat Shrink Films Market Size and Volume Forecast by Type
12.7.1. LDPE Heat Shrink Film
12.7.2. LLDPE Heat Shrink Film
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 Polyethylene (PE) Heat Shrink Films Demand Share, 2019-2026
13. Middle East & Africa Polyethylene (PE) Heat Shrink Films 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 Polyethylene (PE) Heat Shrink Films 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 Polyethylene (PE) Heat Shrink Films Market Size and Volume Forecast by Application
13.4.1. Food & Beverages
13.4.2. Office Supplies
13.4.3. Building Materials
13.4.4. Other Products
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Polyethylene (PE) Heat Shrink Films Market Size and Volume Forecast by Type
13.7.1. LDPE Heat Shrink Film
13.7.2. LLDPE Heat Shrink Film
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 Polyethylene (PE) Heat Shrink Films Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Polyethylene (PE) Heat Shrink Films Market: Market Share Analysis
14.2. Polyethylene (PE) Heat Shrink Films Distributors and Customers
14.3. Polyethylene (PE) Heat Shrink Films Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AEP 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. RETAL
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sealed Air
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Krupa Plastic Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Brentwood Plastics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Allen Plastic Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shandong Yemai Plastic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Suzhou Yuxinhong Plastic Packaging
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Benison Co., Ltd.
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
