Shrink Bags Market by Material (Ethylene vinyl alcohol, High Density Polyethylene, Linear Low-Density Polyethylene), Type (High Barrier, Low Barrier, Medium Barrier), Distribution Channel, End-User - Global Forecast 2024-2030

Shrink Bags Market by Material (Ethylene vinyl alcohol, High Density Polyethylene, Linear Low-Density Polyethylene), Type (High Barrier, Low Barrier, Medium Barrier), Distribution Channel, End-User - Global Forecast 2024-2030


The Shrink Bags Market size was estimated at USD 3.71 billion in 2023 and expected to reach USD 3.87 billion in 2024, at a CAGR 4.38% to reach USD 5.01 billion by 2030.

Global Shrink Bags Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Shrink Bags Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Shrink Bags Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Shrink Bags Market, highlighting leading vendors and their innovative profiles. These include allfo GmbH & Co. KG, Amcor Group GmbH, Astar Packaging Pte Ltd., Atlantis-Pak, Bossgoo Co., Ltd., BUERGOFOL GmbH, Dow Chemical Company, Eezypak, Flavorseal LLC, Flexopack S.A., Globus Group, Green Packaging Material(Jiangyin) Co., Ltd., Inauen Group, Kelley Supply, Inc., KUPLAST MATEJKA KUMAR S.P., Kureha Corporation, MILLEPACK SRL, Premiumpack GmbH, Schur Flexibles Holding GesmbH, Sealed Air Corporation, Spektar d.o.o., Sunrise Packaging Material (Jiangyin) Co., Ltd., Transcontinental Inc., Vac Pac Inc., and Winpak Ltd..

Market Segmentation & Coverage



This research report categorizes the Shrink Bags Market to forecast the revenues and analyze trends in each of the following sub-markets:

Material
Ethylene vinyl alcohol
High Density Polyethylene
Linear Low-Density Polyethylene
Low-Density Polyethylene
Polyethylene
Polyethylene Terephthalate
Polypropylene
Polyvinyl Chloride
Type
High Barrier
Low Barrier
Medium Barrier
Distribution Channel
Offline
Online
End-User
Industrial
Cosmetics & Personal care
Electronics
Food & Beverage
Healthcare & Pharmaceuticals
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Shrink Bags Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Shrink Bags Market?
3. What are the technology trends and regulatory frameworks in the Shrink Bags Market?
4. What is the market share of the leading vendors in the Shrink Bags Market?
5. Which modes and strategic moves are suitable for entering the Shrink Bags Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Shrink Bags Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Use of shrink films to preserve food in residential applications
5.1.1.2. Growth of the food & beverage and cosmetics industry worldwide
5.1.1.3. Rise of high barrier packaging capabilities in shrink bags
5.1.2. Restraints
5.1.2.1. Concerns associated with the disposal of shrink bags
5.1.3. Opportunities
5.1.3.1. Advancements in materials and production technologies of shrink bags
5.1.3.2. Introduction of recyclable and sustainable shrink bags
5.1.4. Challenges
5.1.4.1. Functional and performance limitations of shrink bags
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Shrink Bags Market, by Material
6.1. Introduction
6.2. Ethylene vinyl alcohol
6.3. High Density Polyethylene
6.4. Linear Low-Density Polyethylene
6.5. Low-Density Polyethylene
6.6. Polyethylene
6.7. Polyethylene Terephthalate
6.8. Polypropylene
6.9. Polyvinyl Chloride
7. Shrink Bags Market, by Type
7.1. Introduction
7.2. High Barrier
7.3. Low Barrier
7.4. Medium Barrier
8. Shrink Bags Market, by Distribution Channel
8.1. Introduction
8.2. Offline
8.3. Online
9. Shrink Bags Market, by End-User
9.1. Introduction
9.2. Industrial
9.3.1. Cosmetics & Personal care
9.3.2. Electronics
9.3.3. Food & Beverage
9.3.4. Healthcare & Pharmaceuticals
9.3. Residential
10. Americas Shrink Bags Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Shrink Bags Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Shrink Bags Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. allfo GmbH & Co. KG
14.1.2. Amcor Group GmbH
14.1.3. Astar Packaging Pte Ltd.
14.1.4. Atlantis-Pak
14.1.5. Bossgoo Co., Ltd.
14.1.6. BUERGOFOL GmbH
14.1.7. Dow Chemical Company
14.1.8. Eezypak
14.1.9. Flavorseal LLC
14.1.10. Flexopack S.A.
14.1.11. Globus Group
14.1.12. Green Packaging Material(Jiangyin) Co., Ltd.
14.1.13. Inauen Group
14.1.14. Kelley Supply, Inc.
14.1.15. KUPLAST MATEJKA KUMAR S.P.
14.1.16. Kureha Corporation
14.1.17. MILLEPACK SRL
14.1.18. Premiumpack GmbH
14.1.19. Schur Flexibles Holding GesmbH
14.1.20. Sealed Air Corporation
14.1.21. Spektar d.o.o.
14.1.22. Sunrise Packaging Material (Jiangyin) Co., Ltd.
14.1.23. Transcontinental Inc.
14.1.24. Vac Pac Inc.
14.1.25. Winpak Ltd.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. SHRINK BAGS MARKET RESEARCH PROCESS
FIGURE 2. SHRINK BAGS MARKET SIZE, 2023 VS 2030
FIGURE 3. SHRINK BAGS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. SHRINK BAGS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. SHRINK BAGS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. SHRINK BAGS MARKET DYNAMICS
FIGURE 7. SHRINK BAGS MARKET SIZE, BY MATERIAL, 2023 VS 2030 (%)
FIGURE 8. SHRINK BAGS MARKET SIZE, BY MATERIAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. SHRINK BAGS MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 10. SHRINK BAGS MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. SHRINK BAGS MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2030 (%)
FIGURE 12. SHRINK BAGS MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. SHRINK BAGS MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 14. SHRINK BAGS MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS SHRINK BAGS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS SHRINK BAGS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES SHRINK BAGS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES SHRINK BAGS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC SHRINK BAGS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC SHRINK BAGS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA SHRINK BAGS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA SHRINK BAGS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. SHRINK BAGS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. SHRINK BAGS MARKET SHARE, BY KEY PLAYER, 2023

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