Shrink Packaging Market Size, Share, and Trends 2024 to 2034

The global shrink packaging market size accounted for USD 11.73 billion in 2024, grew to USD 12.47 billion in 2025 and is expected to be worth around USD 21.55 billion by 2034, registering a CAGR of 6.27% between 2024 and 2034.

  • Last Updated : December 2024
  • Report Code : 5354
  • Category : Packaging

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID-19 Impact on Shrink Packaging Market 

5.1. COVID-19 Landscape: Shrink Packaging Industry Impact

5.2. COVID-19  Impact Assessment for the Industry

5.3. COVID-19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Shrink Packaging Market, By Materials

8.1. Shrink Packaging Market, by Materials, 2024-2034

8.1.1 Low-Density Polyethylene

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Linear Low-Density Polyethylene

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Ethylene-Vinyl Alcohol

8.1.3.1. Market Revenue and Forecast (2021-2034)

8.1.4. Polyvinyl Chloride

8.1.4.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Shrink Packaging Market, By Products

9.1. Shrink Packaging Market, by Products, 2024-2034

9.1.1. Hoods

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Labels and Sleeves

9.1.2.1. Market Revenue and Forecast (2021-2034)

9.1.3. Films and Wraps

9.1.3.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Shrink Packaging Market, By Applications

10.1. Shrink Packaging Market, by Applications, 2024-2034

10.1.1. Beverages

10.1.1.1. Market Revenue and Forecast (2021-2034)

10.1.2. Consumer Goods

10.1.2.1. Market Revenue and Forecast (2021-2034)

10.1.3. Food Packaging

10.1.3.1. Market Revenue and Forecast (2021-2034)

10.1.4. Paper and Textile Products

10.1.4.1. Market Revenue and Forecast (2021-2034)

10.1.5. Other Applications

10.1.5.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Shrink Packaging Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Materials (2021-2034)

11.1.2. Market Revenue and Forecast, by Products (2021-2034)

11.1.3. Market Revenue and Forecast, by Applications (2021-2034)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Materials (2021-2034)

11.1.4.2. Market Revenue and Forecast, by Products (2021-2034)

11.1.4.3. Market Revenue and Forecast, by Applications (2021-2034)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Materials (2021-2034)

11.1.5.2. Market Revenue and Forecast, by Products (2021-2034)

11.1.5.3. Market Revenue and Forecast, by Applications (2021-2034)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Materials (2021-2034)

11.2.2. Market Revenue and Forecast, by Products (2021-2034)

11.2.3. Market Revenue and Forecast, by Applications (2021-2034)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Materials (2021-2034)

11.2.4.2. Market Revenue and Forecast, by Products (2021-2034)

11.2.4.3. Market Revenue and Forecast, by Applications (2021-2034)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Materials (2021-2034)

11.2.5.2. Market Revenue and Forecast, by Products (2021-2034)

11.2.5.3. Market Revenue and Forecast, by Applications (2021-2034)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Materials (2021-2034)

11.2.6.2. Market Revenue and Forecast, by Products (2021-2034)

11.2.6.3. Market Revenue and Forecast, by Applications (2021-2034)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Materials (2021-2034)

11.2.7.2. Market Revenue and Forecast, by Products (2021-2034)

11.2.7.3. Market Revenue and Forecast, by Applications (2021-2034)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Materials (2021-2034)

11.3.2. Market Revenue and Forecast, by Products (2021-2034)

11.3.3. Market Revenue and Forecast, by Applications (2021-2034)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Materials (2021-2034)

11.3.4.2. Market Revenue and Forecast, by Products (2021-2034)

11.3.4.3. Market Revenue and Forecast, by Applications (2021-2034)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Materials (2021-2034)

11.3.5.2. Market Revenue and Forecast, by Products (2021-2034)

11.3.5.3. Market Revenue and Forecast, by Applications (2021-2034)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Materials (2021-2034)

11.3.6.2. Market Revenue and Forecast, by Products (2021-2034)

11.3.6.3. Market Revenue and Forecast, by Applications (2021-2034)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Materials (2021-2034)

11.3.7.2. Market Revenue and Forecast, by Products (2021-2034)

11.3.7.3. Market Revenue and Forecast, by Applications (2021-2034)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Materials (2021-2034)

11.4.2. Market Revenue and Forecast, by Products (2021-2034)

11.4.3. Market Revenue and Forecast, by Applications (2021-2034)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Materials (2021-2034)

11.4.4.2. Market Revenue and Forecast, by Products (2021-2034)

11.4.4.3. Market Revenue and Forecast, by Applications (2021-2034)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Materials (2021-2034)

11.4.5.2. Market Revenue and Forecast, by Products (2021-2034)

11.4.5.3. Market Revenue and Forecast, by Applications (2021-2034)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Materials (2021-2034)

11.4.6.2. Market Revenue and Forecast, by Products (2021-2034)

11.4.6.3. Market Revenue and Forecast, by Applications (2021-2034)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Materials (2021-2034)

11.4.7.2. Market Revenue and Forecast, by Products (2021-2034)

11.4.7.3. Market Revenue and Forecast, by Applications (2021-2034)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Materials (2021-2034)

11.5.2. Market Revenue and Forecast, by Products (2021-2034)

11.5.3. Market Revenue and Forecast, by Applications (2021-2034)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Materials (2021-2034)

11.5.4.2. Market Revenue and Forecast, by Products (2021-2034)

11.5.4.3. Market Revenue and Forecast, by Applications (2021-2034)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Materials (2021-2034)

11.5.5.2. Market Revenue and Forecast, by Products (2021-2034)

11.5.5.3. Market Revenue and Forecast, by Applications (2021-2034)

Chapter 12. Company Profiles

12.1. Deufol SE (Germany)

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Dow Chemical Company (U.S.)

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Aakriti Packaging (India)

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Amcor Ltd (Australia)

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Bonset America Corporation (U.S.)

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. American Eagle Packaging Corporation (U.S)

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Bemis Company, Inc. (U.S.)

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Berry Global, Inc. (U.S.)

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Printpack Incorporated (U.S.)

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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