Deep Insights into the Global Shrink Film for Beverage Multipacks Market from 2019 to 2026
A shrink film is a package made by wrapping products by nylon shrinking with heat treatment. It is an ideal packaging method that can be applied easily and economically.
Multi-packages are commonly used to package a group of several containers or bottles together for sale as a single unit. They are suitable for the packaging process of various containers, including alcoholic beverages, soft drinks and dairy products of different shapes and sizes. This type of packaging also helps in preventing the environment by reducing the plastic use which consequently fuels the demand for shrink films pertaining to beverage multipack applications.
Shrink Film for Beverage Multipacks Market Conspectus
Global Shrink Film for Beverage Multipacks Market Report demonstrated that Shrink Film for Beverage Multipacks market is poised to present surging growth during the predicted period from USD 1,529 million in 2019 to reach USD 1,919 million by 2026 with a CAGR of 3.3%. Global economic development, government regulations adjustment, related industry dynamics, industrial upgrading, and competition among market’s participators are some of the key factors that influence the Shrink Film for Beverage Multipacks market development. A distinctive and comprehensive picture of Shrink Film For Beverage Multipacks is embodied in the report.
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Major Participators Landscape
Key market players covered in the report such as Bemis Company, Ceisa Packaging, Clondalkin Group, Coveris Holdings, AEP, RKW, Brentwood Plastics, POLIFilm, Litong Packing Material, SyfanUSA, Masterpak, Chau-fu Plastics, Genuine Package Venture, Vishakha Polyfab, Muraplast, Sri Chakra Poly Wraps, Tri-Cor Flexible Packaging, BPI Europe, Vinyl Plast, Bogucki Folie, and Siva. These players have been implementing different strategies to achieve growth and development in this market. Strategies such as investments on the development of innovative products and capacity expansions exhibit the strong competition to capitalize on the market demand for shrink film products.
Market Drivers Abstract
l Growing awareness regarding harmful effects of plastic packaging
l Rising demand for biodegradable packaging
l Increasing demand as well as consumption of alcoholic beverages and ready-to-drink fruit juices
l The growing need for packages that are visually attractive, less wasteful, printable, and have strong sealing capability, especially in emerging economies
Market Challenges Abstract
l Strict environmental regulations
l Changing customer needs
l Developments and new product launches on a regular basis
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Shrink Film for Beverage Multipacks Type Abstract
Based on type, the Shrink Film for Beverage Multipacks can be bifurcated into Printed, Unprinted, and Other.
Shrink Film for Beverage Multipacks Application Abstract
Based on application, this market is divided into Water Segment, Carbonated Soft Drinks Segment, Alcoholic Beverages, and Other Beverage Multipacks. The water segment accounted for the largest share of the market in 2014, followed by carbonated soft drinks segment in this market, owing to the increased demand for mineral water and carbonated drinks. Besides, the increase in the consumption of alcoholic beverages such as beer has also contributed to the growth of this market.
Key Regions Overview
The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, fashion trends, and economic development in these countries are also taken into consideration.
Europe held the largest share of the market in 2018, accounting for close to 36.41% share. It was followed by Europe and Asia-Pacific, with a share of 28.10% and 26.44% respectively. The market share for shrink film for beverage multipacks in Europe is estimated to be the highest in 2018 and is also expected to do so over the projected period. Apart from this, North America are projected to witness a considerable growth rate between 2019 and 2026. The Asia-Pacific region is anticipated to be the fastest growing market during the forecast period. Rising need for attractive packaging in beverages industry coupled with increasing sales of multi-bottle packages drives shrink film market.
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Shrink Film For Beverage Multipacks Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Shrink Film For Beverage Multipacks Market by Types
4 Segmentation of Shrink Film For Beverage Multipacks Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Shrink Film For Beverage Multipacks Market in Major Countries
7 North America Shrink Film For Beverage Multipacks Landscape Analysis
8 Europe Shrink Film For Beverage Multipacks Landscape Analysis
9 Asia Pacific Shrink Film For Beverage Multipacks Landscape Analysis
10 Latin America, Middle East & Africa Shrink Film For Beverage Multipacks Landscape Analysis
11 Major Players Profile
11.1 Bemis Company
11.1.1 Bemis Company Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Ceisa Packaging
11.3 Clondalkin Group
11.4 Coveris Holdings
11.5 AEP
11.6 RKW
11.7 Brentwood Plastics
11.8 POLIFilm
11.9 Litong Packing Material
11.10 SyfanUSA
11.11 Masterpak
11.12 Chau-fu Plastics
11.13 Genuine Package Venture
11.14 Vishakha Polyfab
11.15 Muraplast
11.16 Sri Chakra Poly Wraps
11.17 Tri-Cor Flexible Packaging
11.18 BPI Europe
11.19 Vinyl Plast
11.20 Bogucki Folie
…
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Target Audience:
• Shrink Film for Beverage Multipacks manufacturers
• Raw material suppliers of Shrink Film for Beverage Multipacks
• Distributors and resellers of Shrink Film for Beverage Multipacks
• Shrink Film for Beverage Multipacks industry associations
• Product managers, Shrink Film for Beverage Multipacks industry administrator, C-level executives of the industries
• Market Research and consulting firms
• Manufacturing companies of shrink plastic films
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