openPR Logo
Press release

Trends in the Shrink Wrap Packaging Systems Market 2016 - 2024

Trends in the Shrink Wrap Packaging Systems Market 2016 - 2024

Many of the products in today’s era require different style of packaging that must be flexible and even attractive. Shrink wrap packaging is an ideal solution for packing uneven shape objects with flexibility and ease. Shrink wrap is a process under which the product to be packed is covered with a shrink film, which is then heated so that it shrinks on the product. The shrink film is a polymer plastic film made of PVC, polyethylene, polypropylene, or polyolefin. Mostly Polyolefin with different thickness, strength, clarities, and shrink ratios is used as a shrink film. The film is heated with the help of a handheld gun, or the product along with the film is passed through the heating tunnel on a conveyor. Shrink wrap packaging serves the purpose of keeping the product stable and clean, and also helps make it tamper resistant. Shrink wrap packaging is used as an overwrap on boxes, cartons, pallet loads, and beverage cans. It is also used as a primary covering in many food items such as meats, cheese, plants, and vegetables. There are various shrink wrap packaging systems available in the market, which are equipped with different technologies such as sleeve wrappers, side sealers, shrink tunnels, and L-sealers.

The ever expanding food industry and the safety concerns related to products during their transit are factors expected to bolster growth of the shrink wrap packaging systems market over the forecast period. Over the years, there has been a modest rise in application of shrink wrap packaging in industrial equipment. Thus, surge in industrialization in turn is expected to contribute towards growth of the shrink wrap packaging systems market over the forecast period. Shrink wrap is also used to wrap roofs after any natural disaster, such as earthquakes, hurricanes, tornadoes, which is a major beneficial feature that is expected to propel growth of the shrink wrap packaging system market in the near future. However, there are other substitutes available for shrink wrap packaging, such as vacuum packaging, which are equally reliable and effective; this may hamper growth of the shrink wrap packaging systems market over the forecast period. Also, the shrink wrap packaging process is risky, and the person handling the system needs to be cautious as the shrinking involves heating the material up to a high temperature, a factor which again could slowdown growth of the shrink wrap packaging systems market over the forecast period.

Request Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=9593

Increasing consumer concerns over healthy and hygienic food are expected to create major growth opportunities for players operating in the global shrink wrap packaging systems market over the forecast period. Also, the food industry experts are trying to differentiate their products from their competitors by providing a robust and unitized packing format in the form of shrink wrap packaging. Due to the flexibility and easy handling features of the shrink wrap packaged products, shrink wrap packaging has become a preferred consumer choice in the global packaging industry. The global shrink wrap packaging system market is anticipated to expand at a single digit CAGR over the forecast period.

The global shrink wrap packaging systems market can be segmented on the basis of technology, type, application, and end-use industry. On the basis of technology, the global shrink wrap packaging systems market can be segmented as automatic, semi-automatic, fully-automatic, manual. On the basis of type, the global shrink wrap packaging systems market can be segmented into sleeve wrappers, L-sealers, side sealers, lap sealers and shrink tunnels. On the basis of application, the global shrink wrap packaging systems market can be segmented into trays, books, beverages, sleeve, sachet, cardboard box, and others. On the basis of end-use application, the global shrink wrap packaging systems market can be segmented into pharmaceuticals, food & beverages, automotive, consumer products, printing and health & beauty.

Visit For TOC@ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=9593

By geography, the global shrink wrap packaging systems market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Currently, Asia Pacific accounts for the maximum share of the shrink wrap packaging system market, owing to the ever increasing food industry in this region. In terms of demand for shrink wrap packaging system, the market in Asia Pacific is expected to be followed by North America, in view of the surge in industrialization and other economic factors in the region. Europe is also expected to be a major contributor to the growth of the shrink wrap packaging systems market over the forecast period, because of the bolstering meat market and other increasing frozen food items packaging requirements in the countries such Germany and Italy. Meanwhile, the Latin America shrink wrap packaging systems market is also expected to develop at a rapid pace. The Middle East & Africa market, on the other hand, is at a nascent stage.

Some of the key vendors identified across the value chain of the global shrink wrap packaging systems market include: Saitech Inc, Texwrap Packaging Systems, Arpac LLC, Shrinkwrap Machinery Co. Ltd, Gebo Cermex, Yorkshire Packaging Systems, and Extreme Packaging Machinery.

About Us – Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others.

Contact Us:

Transparency Market Research
State Tower,
90 State Street, Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Trends in the Shrink Wrap Packaging Systems Market 2016 - 2024 here

News-ID: 816004 • Views: 93

More Releases from Transparency Market Research - Food and Beverages

Gummy Vitamins Market is likely to reach US$ 5.8 Bn in 2029
Albany, NY - An expeditious evolution of the nutraceuticals industry in recent years has provided a feasible boost to the variety of vitamins and dietary supplements, thereby driving developments in the gummy vitamins market. The gummy vitamins landscape is witnessing positive growth, gaining immense traction due to the geriatric population as well as kids. The current growth trend of the gummy vitamins market is prominently influenced by the increasing cognizance for
Snack Products Market - Global Industry Report, 2030
Albany, NY - The global snack products market will continue exhibiting growth, albeit at a stunted pace. According to a latest study by Transparency Market Research, the market will witness the impact of the unprecedented COVID-19 outbreak. Amid extended lockdown and pandemic crisis, consumers are likelier to stockpile on staple and essential food items. While certain sections within the food industry may witness surge, presently companies operating in comfort food sector are
Nisin Market to be Valued at US$ 490 Mn by 2028
Albany, NY - Nisin refers to a unique bacteriocin that has received a nod for use as a safe food preservative by many regulatory bodies, such as US Food and Drug Administration (FDA), World Health Organization (WHO), and European Union (E234). Nisin is utilized as a practical food preservative in over 50 countries. The global nisin market is likely to observe considerable growth due to its rapidly increasing popularity and
Frozen Pizza Market To Touch US$ 25,971.0 Mn By 2026
Albany, NY - The a new report researched and compiled by the analysts at Transparency Market Research talks about the overall dynamics of the global frozen pizza market. As per the findings published by the report, the global market is expected to grow at a considerable CAGR of 6.5% over the course of the given forecast period of 2017 to 2026. With such high growth rate, the frozen pizza market

All 5 Releases


More Releases for Shrink

Global Shrink Plastic Film Market Size & Forecasts
According to a new market research report published by Global Market Estimates, the Global Shrink Plastic Film Market is expected to grow at a CAGR of 5.15% during the forecast period (2020-2026). The growing demand for alcohol consumers in countries like China and India is a potential factor supporting the growth of the shrink plastic film market for beverage multipacks. The in-build characteristics of shrink plastic film to get mold
Shrink Bags Market - Rapidly Growing Dynamic Markets
In the recent past, packaging industry has focused on developing and adopting packaging solutions that address specific needs of the packaged product. Shrink bag is one of the most popular forms of packaging for several reasons. Compared to other forms of packaged product, shrink bag is much more affordable and often more times efficient for manufacturing. Get an exclusive sample of this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14423 Shrink bags has been adopted across
Shrink Wrap in the Nuclear Field
Shrink wrap has a very unique feature that allows it to take the exact shape while simultaneously creating an air tight seal around any object. Once it has been “shrunk,” the wrap becomes as tight as a drum and is ideal for nuclear decommissioning activities. It has proven to be a successful product in the nuclear industry on many projects of all sizes throughout the country. Shrink wrap blocks alpha and
Shrink Packaging Market Report - By Shrink Film Materials, Shrink Film Types, Ap …
DecisionDatabases.com offers Shrink Packaging Market Research Report. This Report covers the complete Industry Outlook, Growth, Size, Share and Forecast Till 2021. Shrink packaging are those high-grade stretchable polythene films, which upon application of heat, shrink and tightly cover the objects over which they are placed. Shrink packaging are designed to have special chemical as well as physical properties. Such as these films are also moisture-resistant, which makes them a suitable packaging
Stretch and Shrink Film Market 2017 - 2024
Stretch and Shrink Film Market: Snapshot The global stretch and shrink films market was valued at US$14.1 bn in 2015 and is projected to reach US$21.1 bn by 2024. The sales revenue is expected to rise at a CAGR of 5.2% during the forecast period, owing to the increased demand for packaged foods and beverages. Over the last few years, the industry has witnessed the emergence of multiple players operating globally.
Heat Shrinkable Tubing,Heat Shrink Tubing
Yamuna Cable Accessories Ltd is a stocking distributor of premium brand specialist equipment to the Electronics, the background of our personnel includes cable accessories. The product line is dedicated to accessories and auxiliary equipment needed to manufacture cable. We use the best quality of raw materials & machines to manufacture these accessories. his in depth understanding and knowledge aids in the integration of the integration of accessories to the entire