openPR Logo
Press release

Shrink Bags Market is Anticipated to Grow US$ 5500 Mn by 2025

Shrink Bags Market is Anticipated to Grow US$ 5500 Mn by 2025

Persistence Market Research has analyzed various facets of the shrink bags market from a global standpoint and has skilfully presented them in its new research publication titled “Shrink Bags Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. The extensive shrink bags market research report covers various trends, opportunities, drivers and restraints influencing the growth of the global shrink bags market along with regional analysis, competitive scenario and forecasts.

Request for Table of Contents @ https://www.persistencemarketresearch.com/market-research/shrink-bags-market/toc

This analysis focuses on each segment and sub-segment of the global market based on which analysts have given their opinions regarding various market dynamics. This research report is more focused on presenting qualitative and quantitative inputs that can add value to a business.

The global shrink bags market is expected to grow at a value CAGR of 5.3% during the period of assessment, 2017-2025. It is estimated to reach a value of more than US$ 5500 Mn by the end of the year of assessment (2025) from a value of around US$ 2900 Mn in 2017.

The factors influencing the growth of the global shrink bags market include increasing demand for shrink bags as a promotional product, increasing popularity of shrink bags as they help extend the shelf life of the product, increasing use of shrink bags in the food industry, extensive use of alternative barrier material, increasing preference of multilayer structure shrink bags (that offer strength, safety and improved resistance), increasing growth in retail sector, increasing adoption of EVOH material due to excellent barrier properties, growing concern regarding food safety and hygiene, growing preference and hence sales of packed meat products and growing use of shrink bags in different applications due to developments in barrier film techniques.

By barrier type, high barrier segment is expected to lead the global market in terms of market value as well as growth rate.By product type, side sealed shrink bags are widely used in different applications. The side sealed segment is thus a lucrative one and is estimated to reach a value more than US$ 2 Bn and is projected to grow at a comparatively high CAGR during the forecast period
By material type, PE segment is poised to reflect high value and a significant growth rate. This segment is expected to dominate the global market in the coming years.

By thickness, 50 to 70 micron segment is the most lucrative owing to increased preference. This segment is projected to grow at a high value CAGR of 5.8% throughout the period of assessment
By application, food and electronics segments are expected to largely contribute to the growth of the shrink bags market. By region, Asia Pacific is the most attractive with respect to adoption of shrink bags in several end uses, followed by Europe.

Request to View Sample of Research Report @ https://www.persistencemarketresearch.com/samples/21703

The global shrink bags market research report includes company profiles of key players involved in the daily operations of shrink bags. Bemis Company, Inc., Kureha Corporation, Sealed Air Corporation, Winpak Ltd., Flexopack S.A., Coveris Holdings SA, PREMIUMPACK GmbH, Schur Flexible Group, BUERGOFOL GmbH, Allfo Vakuumverpackungen Hans Bresele Kg, Kuplast, Spektar d.o.o., Atlantis-Pak Co. Ltd., Inauen Group and GAP S.r.l., are the key players analyzed in the global shrink bags research study.

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.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 Shrink Bags Market is Anticipated to Grow US$ 5500 Mn by 2025 here

News-ID: 997771 • Views:

More Releases from Persistence Market Research

Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview: The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period. Market Size and Growth: The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and
The Global Graphene Market's Striking Growth and Innovative Applications
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities. Get Access To
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analysis, Emerging Trends with Upcoming Developments
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview: The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033. The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation and Industry Size
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products. To obtain the latest market

All 5 Releases


More Releases for Shrink

Heat Shrink And Cold Shrink Tube Market Is Active Approaching | TongJin, Yamuna …
Report Ocean released a report that presents a detailed analysis of the Global Heat Shrink And Cold Shrink Tube Market, along with insights into key factors which drive the market. The report is a comprehensive and systematic analysis of the market, providing key statistics on market developments, analyst opinions, competitive landscapes, and regional analysis, among other factors. This report presents a comprehensive and expert analysis of key business trends and market
Stretch Sleeve and Heat Shrink Labels Market - Demand for Shrink Sleeve Labels t …
In line with the packaging and labeling industry, the stretch sleeve and heat shrinks labels is witnessing a tremendous surge across the world. The rising base of the global population, increasing disposable incomes and the purchasing power of people in emerging economies, escalating preference for packaged food, and the augmenting trend of urbanization are the key factors, which are driving the growth of the worldwide market for stretch sleeves and
Global Heat Shrink and Cold Shrink Tube Market 2017 By top players - 3M, Shrink …
A recent Heat Shrink and Cold Shrink Tube market research report was recently added by Big Market Research. It is a comprehensive analysis of the Heat Shrink and Cold Shrink Tube industry and offers useful insights such as market share, size and growth. The current trends, growth opportunities and challenges in the Heat Shrink and Cold Shrink Tube industry is highlighted. The factors that influence the growth of the Heat
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
Global Heat Shrink Packaging Machines Market 2017 : Swift Pack, Sontex, Xunjie, …
A market study based on the "Heat Shrink Packaging Machines Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Heat Shrink Packaging Machines Market 2017’. The research report analyses the historical as well as present performance of the worldwide Heat Shrink Packaging Machines industry, and makes predictions on the future status of Heat Shrink Packaging Machines market on the basis of this analysis. Get Free
Cable Joints Kits, Cable Joint Kits, Heat Shrink Tubing, Heat shrink Tube, cable …
Yamuna Power & Infrastructure Ltd is professionally managed by experienced and qualified personals. Yamuna Power & Infrastructure Ltd. was established in 1973 with Corporate Office in Delhi. Our products are in conformance with various standards such as IS, BS, IEC, DIN, VDE, Cenelec etc. We committed to supply world class products which not only meet the required standard and its stipulated values but surpasses them with ease. Yamuna Power &