Shrink Film Market Latest Developments and Forecast 2026-2033 | Major Companies - Exxon Mobil, Four Star Plastics, AEP Industries Inc., Berry Global Inc., Bemis Company, Inc.

Market Overview:

The Shrink Film Market is estimated growing at a CAGR of 6.84% during the forecast period 2024-2031.

DataM Intelligence has published a new research report on "Shrink Film Market Size 2026". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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The Shrink Film Market refers to the global industry involved in the production and supply of polymer-based films that contract tightly around products when heat is applied. These films, typically made from materials such as polyethylene (PE), polyvinyl chloride (PVC), and polyolefin (POF), are widely used for packaging food, beverages, pharmaceuticals, consumer goods, and industrial products. The market is driven by demand for protective, tamper-evident, and visually appealing packaging solutions across retail, logistics, and e-commerce sectors.

Recent Key Developments of United States:

✅ February 2026: Dow launched its first post-consumer recycled (PCR) resin for shrink film applications in North America, enabling up to 40% recycled content for retail and logistics uses to meet sustainability demands. The North America shrink and stretch film market reached USD 5.52 billion, driven by e-commerce growth at a 3.78% CAGR.

✅ January 2026: Japan's exports to the US, including packaging materials like shrink films, dropped significantly due to new 15% tariffs under the US-Japan trade agreement, prompting US firms to adjust supply chains.
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✅ ​November 2025: Labelexpo Asia 2025 showcased advanced shrink film technologies and sustainable packaging solutions, highlighting innovations in material science for PET and flexible packaging, with implications for US brands adopting these trends.
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Recent Key Developments of Japan:

✅ February 2026: Ongoing plastic resource recycling strategy pushed thinner, sustainable shrink films, with PET shrink films concentrating on high-performance segments protected by technical barriers.

✅ January 2026: Shrink wrap film market analysis highlighted tariff challenges for Japan, projecting a 6.7% CAGR through 2033 despite trade pressures.

✅ December 2025: Japan's shrink film exports to the US plunged 11.1% due to tariffs, leading manufacturers to rethink supply chains and focus on domestic innovations like bio-based films.

✅ November 2025: Labelexpo Asia 2025 featured shrink film advancements, with Japanese exhibitors emphasizing sustainable and high-performance solutions amid urban retail demands.

List of the Key Players in the Shrink Film Market:

Exxon Mobil
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.
Riverside Paper Co. Inc.
Intertape Polymer Group

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments 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.

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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Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Shrink Film manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Shrink Film in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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People Also Ask:

◆ How big is the Shrink Film Market in 2026?
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◆ Who are the key players in the Shrink Film Market?
◆ Which region is expected to dominate the industry during the forecast period?

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