Global Collation Shrink Films Market By Thickness (Below 25 microns, 25-50 microns, 50-100 microns and Above 100 microns), Material (Low-density Polyethylene (LDPE), Linear Low-density Polyethylene (LLDPE), Medium-density Polyethylene (MDPE), High-density Polyethylene (HDPE), Propylene (PP) and Others), Application (Bottles, Cans, Books and Magazines, Cartons and Others), End Use Industry (Food and Beverage, Cosmetics and Personal care, Pharmaceuticals, Transport and Logistics, Printing and Publishing and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Collation Shrink Films Market
Data Bridge Market Research analyses that the collation shrink films market will project a CAGR of 5.60% for the forecast period of 2021-2028. Rising replacement of conventional packaging materials by collation shrink films, growth in the demand for collation shrink films by various end user industries such as food and beverage, cosmetics and personal care, pharmaceuticals, transport and logistics, printing and publishing and others and increased personal disposable income are the factors driving the growth of collation shrink films market.
Collation shrink films are the packaging solutions that are usually used to loosely cover the items and then heat up to shrink and hold together the items. The collation shrink films are widely used in the transportation of bottles or beverages. Their thickness may vary from time to time. The collation shrink films are transparent in color.
Spurt in the number of retail stores, departmental stores, and others, especially in the developing economies, are driving the growth in the collation shrink films market value. Growing focus of the manufacturers on providing innovating packaging solutions for transportation purposes will further expand the demand for collation shrink films. Increasing demand for consumer goods and growth and expansion of the packaging industry will further induce growth in the collation shrink films market value. Growth and expansion of e-commerce industry, especially in the developing economies, and increasing personal disposable income are some other indirect factors that will also promote the collation shrink films market growth rate.
However, rising environmental concerns and fluctuations in the prices of raw materials will create hindrances for the collation shrink films market growth rate. Rising demand for sustainable and recyclable packaging will further dampen the market growth rate. Stringent regulations imposed by the government on the use of plastic will also derail the collation shrink films market growth rate.
This collation shrink films market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on metal collation shrink films market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Collation Shrink Films Market Scope and Market Size
Global collation shrink films market is segmented on the basis of thickness, material, application, and end use industry. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of thickness, the collation shrink films market is segmented into below 25 microns, 25-50 microns, 50-100 microns and above 100 microns.
- The collation shrink films market, on the basis of material is segmented into low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), medium-density polyethylene (MDPE), high-density polyethylene (HDPE), propylene (PP), and others.
- On the basis of application, the collation shrink films market is segmented into bottles, cans, books and magazines, cartons and others.
The end use industry segment of the collation shrink films market is divided into food and beverage, cosmetics and personal care, pharmaceuticals, transport and logistics, printing and publishing, and others.
Global Collation Shrink Films Market Country Level Analysis
The global collation shrink films market is analysed and market size insights and trends are provided by country, thickness, material, application and end use industry as referenced above.
The countries covered in the collation shrink films market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region is dominating the collation shrink films market and will continue to flourish its trend of dominance during the forecast period. Growth of consumer products market is one of the major factors fostering market growth in this region. Asia-Pacific on the other hand is projected to score the highest CAGR for the forecast period. This is because of the rising urbanization, industrialization and growth and expansion of various end user verticals.
The country section of the collation shrink films market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Collation Shrink Films Market Share Analysis
The collation shrink films market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to collation shrink films market.
The major players covered in the collation shrink films market report Sealed Air, KUREHA CORPORATION, WINPAK LTD., Flexopack, Bonset America Corporation, Coveris., PREMIUMPACK GmbH, Schur Flexibles Holding GesmbH, Buergofol GmbH, Allfo, Atlantis-Pak, XtraPlast, Transcontinental Inc., BP Plastics Holding Bhd, Crawford Packaging, SYFAN USA, Idemitsu Kosan Co.,Ltd., Vijay Packaging System, NPF.com, Akar Shrink Packs, Alpha Plastomers, among other global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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