Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.25 Billion | USD 20.55 Billion | 7.2% | 2024 |
FrequentlyAsked Questions
The global shrink plastic film market is expected to grow due to Expansion of retail, food packaging, and logistics sectors fuels demand. Need for tamper-evident, protective, and visually appealing packaging supports market growth.
According to a study, the global shrink plastic film market size was worth around USD 10.25 Billion in 2024 and is expected to reach USD 20.55 Billion by 2034.
The global shrink plastic film market is expected to grow at a CAGR of 7.2% during the forecast period.
Asia-Pacific is expected to dominate the shrink plastic film market over the forecast period.
Leading players in the global shrink plastic film market include RKW SE, Sealed Air, Plastotecnica Spa, Clondalkin Group Holdings Bv, Ceisa Packaging Sas, Vishakha Polyfab Pvt Ltd, Coveris Holdings S.A., Bemis Company, Inc, Amcor Limited, Berry Plastics Corporation and Aep Industries Inc., among others., among others.
The report explores crucial aspects of the shrink plastic film market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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