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High Abuse Shrink Bags Market Share, Trends and Forecast 2017-2027: Bemis Krehalon UK Ltd., Flexopack, Krehalon Industries B.V., EPACKAGING LLC., TDI PACKSYS LLC

High Abuse Shrink Bags Market Share, Trends and Forecast

Shelf life acts as an essential factor among meat packaging manufacturers while choosing packaging bags and films. High-abuse shrink bags are one such solution to extend the shelf life of fresh meat products by offering advanced innovative and patented technology. High abuse shrink bags are designed for surface pasteurization of meat products inside of the packaging. Nowadays, meat packaging manufacturers are more focusing on the designs of packaging in order to sell their products differently as it is highly dependent on the purchasing decision for a positive impact. Further, this led to the specific requirement of packaging films for meat packaging applications.

Raw materials play a major role in packaging films in order to gain popularity among meat packaging manufacturers and retailers in the future. For instance, material like Ethylene Vinyl Alcohol (EVOH), which is highly used in high abuse shrink bags has properties such as high gas barrier, amazing strength and environmentally friendly as compared to other raw materials.

High Abuse Shrink Bags Market: Drivers and Restraints

According to the U.S Food and drug administration, sales of fresh meat majorly accounts for about 65% of the overall food sales thus creating ample opportunities for high abuse shrink bags consumption, which in turn driving high abuse shrink bags market. Moreover, the food sector coupled with food service restaurants have shown a promising growth in the recent past years which is fueling the growth of meat packaging as well as the high abuse shrink bags market.

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Food packaging acts majorly driving the growth of the high abuse shrink bags market as flexible packaging accounts for nearly 50% of the total food packaging market. The rise in prices of meat products can be a major challenge to the global high abuse shrink bags market.

High Abuse Shrink Bags Market: Region wise Outlook

In terms of geography, the global high abuse shrink bags market is divided into majorly five regions namely North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Among these regions, North America and Europe are expected to collectively dominate the global high abuse shrink bags market throughout 2016 to 2024. North America, being the largest producer of meat packaging which is attributed to the huge usage of high abuse shrink bags in the developed countries of North America. However, the trend is gradually picking up the pace in developed markets for the global high abuse shrink bags market. Furthermore, Asia Pacific is expected to be primarily driven mainly by china, Japan and India in the global high abuse shrink bags market. Latin America and Middle East & Africa are expected to witness steady growth over the forecast period. In Latin America, Brazil, Argentina and Mexico are expected to create market opportunities for companies involved in the high abuse shrink bags market.

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High Abuse Shrink Bags Market: Segmentation

On the basis of material type, the global high abuse shrink bags market is segmented into

Ethylene Vinyl Alcohol (EVOH)
Ethylene-Vinyl Acetate (EVA)
Polyolefin
Polyethylene (PE)
Polypropylene (PP)
Polyester (PET)
Polyamide (PA)
Polyvinylidene chloride (PVDC)

On the basis of application type, the global high abuse shrink bags market is segmented into

Fresh Meat
Frozen Fish and Sea Food
Non gassing Cheese
Non-ripening cheese
Others

On the basis of meat type, the global high abuse shrink bags market is segmented into

Beef
Veal
Lamb
Pork
Others

High Abuse Shrink Bags Market: Key Players

Some of the key players in the global high abuse shrink bags market includes Bemis Krehalon UK Ltd., Flexopack, Krehalon Industries B.V., EPACKAGING LLC., TDI PACKSYS LLC, Apex Packaging Corporation, Printpack, Fortune Plastics, Novolex, and Berry Plastics Group Incorporated, Fuji Seal International Incorporated, Inteplast Group Limited and many more.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, and applications.

The Report covers exhaust Analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends /Issues/Challenges
Competition & Companies involved
Technology

Regional Analysis includes:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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