Biodegradable shrink films are packaging films that shrink tightly over things whatever it is covering when under application of heat. They are used for the packaging of individual or group products majorly in the food and beverage, personal care and cosmetic, pharmaceuticals industry.
This report contains market size and forecasts of Biodegradable Shrink Film in global, including the following market information:
Global Biodegradable Shrink Film Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Biodegradable Shrink Film Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Biodegradable Shrink Film companies in 2021 (%)
The global Biodegradable Shrink Film market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Up To 50 Microns Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Biodegradable Shrink Film include Amcor, Berry Global, Coveris Holding, Bonset America Corporation, Flint Group, Klockner Pentaplast, Allen Plastics Industries, Polyplex Corporation and Xianjing Rival Tech and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Biodegradable Shrink Film manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biodegradable Shrink Film Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Biodegradable Shrink Film Market Segment Percentages, by Type, 2021 (%)
Up To 50 Microns
51-100 Microns
101- 150 Microns
Above 150 Microns
Global Biodegradable Shrink Film Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Biodegradable Shrink Film Market Segment Percentages, by Application, 2021 (%)
Food and Beverages
Personal Care and Cosmetics
Healthcare and Pharmaceuticals
Others
Global Biodegradable Shrink Film Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Biodegradable Shrink Film Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Biodegradable Shrink Film revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Biodegradable Shrink Film revenues share in global market, 2021 (%)
Key companies Biodegradable Shrink Film sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Biodegradable Shrink Film sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Amcor
Berry Global
Coveris Holding
Bonset America Corporation
Flint Group
Klockner Pentaplast
Allen Plastics Industries
Polyplex Corporation
Xianjing Rival Tech
Huan Yuan Plastic Film