Global OPS Shrink Film Market Growth 2023-2029

Global OPS Shrink Film Market Growth 2023-2029

The global OPS Shrink Film market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

OPS shrink film is a type of plastic film that has been stretched and oriented in both machine and transverse directions. This stretching process results in a film that is thinner, stronger, and more transparent than non-oriented films. Additionally, the orientation process enhances the film's ability to shrink evenly in all directions when heated, providing a tight and secure wrap around the product.

OPS shrink film has a wide range of applications in the food and beverage industry, such as wrapping bottles, cans, jars, and trays of various sizes. The film can also be used to bundle products together for easy handling and transportation. It is especially popular for packaging food items such as fresh produce, bakery products, meat, poultry, and cheese.

One of the advantages of OPS shrink film is its excellent clarity, which allows the product to be fully visible and attractive to customers. The film's transparency also allows for easy identification of the product, and the printed label or branding on the product is clearly visible. Additionally, the film's smooth surface is ideal for high-quality printing and graphics, making it an excellent option for brand promotion and marketing.

OPS shrink film is also known for its high shrinkage percentage, which can reach up to 70% in both machine and transverse directions. This level of shrinkage ensures a tight and secure wrap around the product, providing excellent protection against dust, moisture, and tampering.

Another advantage of OPS shrink film is its ease of use. The film is compatible with a variety of shrink wrap machines and can be used for both high-speed and low-speed applications. It is also easy to store, transport and handle, making it a convenient packaging material for manufacturers, distributors, and retailers.

In terms of sustainability, OPS shrink film is a recyclable material, making it an eco-friendly packaging option. Additionally, the use of OPS shrink film can also reduce the overall packaging weight and volume, resulting in reduced transportation costs and a smaller carbon footprint.

In summary, OPS shrink film is a versatile, cost-effective, and visually appealing packaging material that offers excellent product protection, tamper-evidence, and ease of use. Its transparency, high shrinkage percentage, and compatibility with printing techniques make it an ideal choice for product promotion and marketing. The recyclability of OPS shrink film also makes it a sustainable packaging option that can help reduce environmental impact.

OPS shrink film, also known as oriented polystyrene shrink film, is a popular packaging material in the food and beverage industry. It is a versatile and cost-effective option for packaging products of different shapes and sizes, providing excellent product protection, tamper-evidence, and visual appeal.

LPI (LP Information)' newest research report, the “OPS Shrink Film Industry Forecast” looks at past sales and reviews total world OPS Shrink Film sales in 2022, providing a comprehensive analysis by region and market sector of projected OPS Shrink Film sales for 2023 through 2029. With OPS Shrink Film sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world OPS Shrink Film industry.

This Insight Report provides a comprehensive analysis of the global OPS Shrink Film landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on OPS Shrink Film portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global OPS Shrink Film market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for OPS Shrink Film and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global OPS Shrink Film.

This report presents a comprehensive overview, market shares, and growth opportunities of OPS Shrink Film market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type 40μm 50μm
Other

Segmentation by application
Food
Beverage
Commodity
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Multipack
Fuji Seal
CCL Industries
Hammer Packaging
Reynolds
Sigma Plastics
Clondalkin
Polyrafia
Crayex Corporation
Tri-Cor
Amcor
RKW
Gunze
Allen Plastic Industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global OPS Shrink Film market?

What factors are driving OPS Shrink Film market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do OPS Shrink Film market opportunities vary by end market size?

How does OPS Shrink Film break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.