Shrink Film Market | Global Trends, Size, Share, Forecast 2025 & Key Players Insights

"Shrink Film Market is estimated growing at a CAGR of 6.84% during the forecast period 2024-2031" As per DataM intelligence research report

The Shrink Film Market report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.

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United States: Recent Industry Developments

✅ In August 2025, Berry Global Group announced the expansion of its shrink film production facility in Ohio with a $25 million investment to meet growing demand from the food packaging sector.

✅ In June 2025, Sealed Air Corporation launched a new high-performance biodegradable shrink film line in the U.S., aimed at reducing environmental impact while maintaining packaging strength.

✅ In May 2025, Amcor unveiled an automated shrink film converting unit in Texas, enhancing production efficiency and supply capabilities for beverage and consumer goods packaging.

Japan: Recent Industry Developments

✅ In July 2025, Mitsubishi Chemical launched a next-generation heat-shrink film product optimized for high-speed packaging lines, supporting sustainability initiatives across the Japanese market.

✅ In June 2025, UBE Industries invested $15 million to expand its shrink film manufacturing plant in Osaka, increasing capacity for industrial and food packaging applications.

✅ In April 2025, Toyo Seikan Kaisha introduced a new antimicrobial shrink film line to enhance hygiene and extend shelf life for perishable goods in Japan.

Shrink Film Market: Drivers

The shrink film market is driven by the growing demand for flexible and durable packaging solutions across food, beverage, pharmaceutical, and consumer goods industries. Rising e-commerce and retail distribution activities are boosting the need for protective packaging that ensures product safety during transit. The film's versatility in bundling, wrapping, and tamper-evident packaging is enhancing its adoption. Increasing consumer preference for lightweight and convenient packaging solutions is further supporting market growth. Expanding industrial production and modernization of packaging lines are accelerating shrink film usage.

Market expansion is also fueled by innovations in eco-friendly and recyclable shrink films, aligning with global sustainability trends. Technological advancements in film materials, thickness, and clarity are improving performance and reducing costs. The growing demand for branding and customized packaging solutions is driving the use of printed shrink films. Rising investment in cold chain and logistics infrastructure is promoting shrink film applications in perishable goods. With its protective properties and adaptability across industries, the shrink film market is poised for steady growth worldwide.

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Segment Covered in the Shrink Film Market:

➥ By Material Type: Polyvinyl Chloride (PVC) Shrink Films, Polyolefin, PETG (PET) Shrink Films, Oriented Polystyrene (OPS) Shrink Films, Polylactic Acid (PLA) Shrink Films
➥ By Application: Food & Beverages, Pharmaceuticals, Industrial Packaging, Others

Shrink Film Market: Major Players

Four Star Plastics, AEP Industries Inc., Berry Global Inc., Bemis Company, Inc., Sigma Plastics Group, Polimex Srl, SYFAN USA, Harwal Group, LyondellBasell Industries Holdings B.V., Intertape Polymer Group, Riverside Paper Co. Inc.

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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