Press release
Shrink packaging market leaders like Amcor Plc and Berry Global Inc. drive sustainable growth through 2034
Shrink Packaging Market
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Shrink packaging continues to gain traction as a versatile solution for safeguarding products during transportation and display. Companies worldwide rely on shrink films, wraps, and sleeves to enhance product integrity while appealing to eco-conscious consumers. Recent advancements in recyclable materials and automation underscore the sector's commitment to balancing performance with environmental responsibility.
The report details how shrink packaging addresses challenges in food security, e-commerce logistics, and pharmaceutical protection. Innovations like thinner, stronger films reduce material use without compromising durability. As industries adapt to regulatory pressures for recyclability, shrink packaging emerges as a frontrunner in practical, forward-thinking solutions.
Global and Regional Analysis
Shrink packaging thrives globally, with Asia Pacific dominating due to rapid industrialization and e-commerce in China, India, and Southeast Asia, where healthcare and pharma sectors prioritize protective films. North America follows closely, holding about 31% share, propelled by food & beverage demands and e-commerce giants utilizing lightweight wraps for distribution. Europe emphasizes sustainability, with high adoption in personal care and heavy goods transport via shrink hoods.
In Latin America and Middle East & Africa, emerging markets show promise through rising consumer goods packaging needs, though infrastructure lags behind leaders. India's market, for instance, benefits from food processing growth and government pushes for efficient logistics.
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Updated Market News and Developments
Recent news highlights strategic moves: In late 2025, Sealed Air Corporation expanded recyclable shrink film lines for North American e-commerce, aligning with PCR mandates. Berry Global Inc. announced partnerships for AI-optimized shrink wrapping machinery, reducing energy use by up to 20% in trials. Amcor Plc invested in Asia Pacific facilities to meet pharma demands, focusing on tamper-resistant sleeves.
Sustainability headlines dominate 2026 previews, with Hong Kong's Packaging Reduction Charter influencing global converters toward thinner films. E-commerce platforms report 15% higher adoption of shrink solutions for damage prevention amid holiday surges. These updates signal a maturing market responsive to consumer and regulatory shifts.
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Market leaders and key company profiles
• Aakriti Packaging
• Amcor Ltd
• American Eagle Packaging Corporation
• Bemis Company, Inc.
• Berry Global, Inc.
• Bonset America Corporation
• Deufol SE
• Dow Chemical Company
• Printpack Incorporated
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About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients get solutions to their research requirements through our syndicated and consulting research services. We specialize in semiconductor and electronics, aerospace and defense, automotive and transportation, biotechnology, healthcare IT, manufacturing and construction, medical devices, technology, media and telecommunications, and chemicals and materials.
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