Shrink Plastic Film Market for Beverage Multipacks by Type (Printed, Unprinted), Application (Alcoholic beverages, Water, carbonated soft drinks), Container Type (Can, Bottle, Brick), Multipack Size (3x2, 4x2, 4x3, 6x3) & Region - Global Forecast to 2025
出 版 商：MarketsandMarkets
出版日期：2020/08/21
頁 數：190頁
文件格式：PDF
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USD 6,650 (Multi-User License)
USD 8,150 (Global-User License)
USD 10,000 (Hard copy)
“The shrink plastic film market for beverage multipacks market for beverage multipacks is projected to grow at a CAGR of 3.5% during the forecast period.”
According to MarketsandMarkets, the global shrink plastic film market for beverage multipacks market for beverage multipacks size is estimated to be valued at USD 2.5 billion in 2020 and projected to reach USD 3.0 billion by 2025, recording a CAGR 3.5%. Factors such as the growing concern of hygiene and the safety of beverages are going to be the driving factor for the shrink plastic film market for beverage multipacks. Especially post-COVID, the concern for safety and hygiene of products has been increased among both the consumers and manufacturers, which is creating a rise in the demand for shrink plastic film market for beverage multipacks in the market.
“By type, the unprinted segment is projected to grow at the highest CAGR during the forecast period.”
The unprinted type of shrink film is the cost-effective option as compared to the printed one. The unprinted shrink plastic films are low in cost and more versatile uses. Shrink plastic films are used for securing the packs. The transparent sheets provide a better look at the product inside. It is also affordable for SMEs, thereby is having popularity in the developing markets.
The unprinted shrink plastic films are used for the products made for transportation purposes rather than retail shelf display. It secures the products from getting damaged and contaminated from foreign sources.
“By multipack size, the 4x2 size segment is estimated to account for the largest share.”
The 4x2 size is most common as the demand for cans and bottles for soft drinks and beers are increasing. It is most favorable for transportation also. Many high end, craft beer, and soft drinks use this arrangement to sell the products, where consumers are likely to buy in bulk. Therefore, the demand for 4x2 size of shrink wrap is there. With the increase in the demand for beverages, companies are packing higher volume; therefore, the size 4x3 is fastest growing in shrink plastic films market for beverage multipacks.
“The Asia Pacific region is projected to grow at the highest CAGR during the forecast period.”
The increase in the production of packaging applications in such a way has led to a rise in the market potential for shrink plastic films for packaging. The increase in the purchasing power of millennial consumers has added the potential in the market, too, for shrink plastic films. Developed markets such as North America and Western Europe are becoming mature, which has led to faster growth in emerging markets such as Asia Pacific. Furthermore, the changing consumer preference in the food & beverage industry has contributed to the growth of the shrink plastic film market for beverage multipacks market in this region.
The shrink plastic film market for beverage multipacks market is segmented region-wise, with a detailed analysis of each region. These regions include Asia Pacific, North America, Europe, South America, and RoW (South Africa, the Middle East, and Others in Africa).
Break-up of Primaries
By Value Chain: Supply-side - 52% and Demand-side - 48%
By Designation: C-level - 18%, D-level - 27%, and Others - 55%
By Region: Europe - 43%, North America - 25%, APAC- 25%, RoW - 7%
Leading players profiled in this report include the following:
Amcor Plc (Switzerland)
Coveris Holdings Sa (Austria)
Ceisa Semo (France)
Clondalkin Group (The Netherlands)
RKW Group (Germany)
Berry Global Inc (US)
Plastotecnica SpA (Italy)
Clearpack group (Singapore)
Sarkina (US)
Baroda Packaging (India)
Brentwood Plastic, Inc (US),
Aintree Plastics Limited (UK),
Elite Plastics Ltd. (UK),
Xinjiang Rival Tech Co. Ltd (China),
Poly-Pack Verpackungs-GmbH & Co. KG (Germany),
Huan Yuan Plastic Film Co. Ltd (China)
Jiangyin Bairuijia Plastics Science & Technology Co., Ltd. (China)
Allied Propack Pvt. Ltd (India)
Don Polymer (Russia)
Sandeep Polymers (India).
Research Coverage
This report segments the shrink plastic film market for beverage multipacks market based on type, application, multipack size, container type, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the shrink plastic film market for beverage multipacks market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.
Reasons to buy this report
‧ To get a comprehensive overview of the shrink plastic film market for beverage multipacks market
‧ To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
‧ To gain insights about the major countries/regions, in which the shrink plastic film market for beverage multipacks market is flourishing
According to MarketsandMarkets, the global shrink plastic film market for beverage multipacks market for beverage multipacks size is estimated to be valued at USD 2.5 billion in 2020 and projected to reach USD 3.0 billion by 2025, recording a CAGR 3.5%. Factors such as the growing concern of hygiene and the safety of beverages are going to be the driving factor for the shrink plastic film market for beverage multipacks. Especially post-COVID, the concern for safety and hygiene of products has been increased among both the consumers and manufacturers, which is creating a rise in the demand for shrink plastic film market for beverage multipacks in the market.
“By type, the unprinted segment is projected to grow at the highest CAGR during the forecast period.”
The unprinted type of shrink film is the cost-effective option as compared to the printed one. The unprinted shrink plastic films are low in cost and more versatile uses. Shrink plastic films are used for securing the packs. The transparent sheets provide a better look at the product inside. It is also affordable for SMEs, thereby is having popularity in the developing markets.
The unprinted shrink plastic films are used for the products made for transportation purposes rather than retail shelf display. It secures the products from getting damaged and contaminated from foreign sources.
“By multipack size, the 4x2 size segment is estimated to account for the largest share.”
The 4x2 size is most common as the demand for cans and bottles for soft drinks and beers are increasing. It is most favorable for transportation also. Many high end, craft beer, and soft drinks use this arrangement to sell the products, where consumers are likely to buy in bulk. Therefore, the demand for 4x2 size of shrink wrap is there. With the increase in the demand for beverages, companies are packing higher volume; therefore, the size 4x3 is fastest growing in shrink plastic films market for beverage multipacks.
“The Asia Pacific region is projected to grow at the highest CAGR during the forecast period.”
The increase in the production of packaging applications in such a way has led to a rise in the market potential for shrink plastic films for packaging. The increase in the purchasing power of millennial consumers has added the potential in the market, too, for shrink plastic films. Developed markets such as North America and Western Europe are becoming mature, which has led to faster growth in emerging markets such as Asia Pacific. Furthermore, the changing consumer preference in the food & beverage industry has contributed to the growth of the shrink plastic film market for beverage multipacks market in this region.
The shrink plastic film market for beverage multipacks market is segmented region-wise, with a detailed analysis of each region. These regions include Asia Pacific, North America, Europe, South America, and RoW (South Africa, the Middle East, and Others in Africa).
Break-up of Primaries
By Value Chain: Supply-side - 52% and Demand-side - 48%
By Designation: C-level - 18%, D-level - 27%, and Others - 55%
By Region: Europe - 43%, North America - 25%, APAC- 25%, RoW - 7%
Leading players profiled in this report include the following:
Amcor Plc (Switzerland)
Coveris Holdings Sa (Austria)
Ceisa Semo (France)
Clondalkin Group (The Netherlands)
RKW Group (Germany)
Berry Global Inc (US)
Plastotecnica SpA (Italy)
Clearpack group (Singapore)
Sarkina (US)
Baroda Packaging (India)
Brentwood Plastic, Inc (US),
Aintree Plastics Limited (UK),
Elite Plastics Ltd. (UK),
Xinjiang Rival Tech Co. Ltd (China),
Poly-Pack Verpackungs-GmbH & Co. KG (Germany),
Huan Yuan Plastic Film Co. Ltd (China)
Jiangyin Bairuijia Plastics Science & Technology Co., Ltd. (China)
Allied Propack Pvt. Ltd (India)
Don Polymer (Russia)
Sandeep Polymers (India).
Research Coverage
This report segments the shrink plastic film market for beverage multipacks market based on type, application, multipack size, container type, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the shrink plastic film market for beverage multipacks market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.
Reasons to buy this report
‧ To get a comprehensive overview of the shrink plastic film market for beverage multipacks market
‧ To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
‧ To gain insights about the major countries/regions, in which the shrink plastic film market for beverage multipacks market is flourishing
1 INTRODUCTION 27
1.1 OBJECTIVES OF THE STUDY 27
1.2 MARKET DEFINITION 27
1.3 MARKET SCOPE 28
FIGURE 1 SHRINK FILM FOR BEVERAGE MULTIPACKS MARKET SEGMENTATION 28
1.3.1 OUT OF SCOPE 29
1.3.2 PERIODIZATION CONSIDERED 29
1.4 CURRENCY CONSIDERED 29
1.5 UNIT CONSIDERED 30
TABLE 1 USD EXCHANGE RATES CONSIDERED FOR THE STUDY, 2017–2019 30
1.6 STAKEHOLDERS 30
1.7 SUMMARY OF CHANGES 31
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
FIGURE 2 SHRINK FILM FOR BEVERAGE MULTIPACKS MARKET: RESEARCH DESIGN 32
2.1.1 SECONDARY DATA 33
2.1.1.1 Key Data From Secondary Sources 33
2.1.2 PRIMARY DATA 34
2.1.2.1 Key Data From Secondary Sources 34
2.1.2.2 Breakdown of Primaries 35
2.2 MARKET SIZE ESTIMATION 35
2.2.1 BOTTOM-UP APPROACH 36
2.2.2 TOP-DOWN APPROACH 37
2.3 DATA TRIANGULATION 38
FIGURE 3 DATA TRIANGULATION METHODOLOGY 38
2.4 ASSUMPTIONS FOR THE STUDY 39
2.5 LIMITATIONS OF THE STUDY 39
2.6 INTRODUCTION TO COVID-19 40
2.7 COVID-19 HEALTH ASSESSMENT 40
FIGURE 4 COVID-19: THE GLOBAL PROPAGATION 40
FIGURE 5 COVID-19 PROPAGATION: SELECT COUNTRIES 41
2.8 COVID-19 ECONOMIC ASSESSMENT 42
FIGURE 6 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 42
2.8.1 COVID-19 ECONOMIC IMPACT: SCENARIO ASSESSMENT 43
FIGURE 7 CRITERIA IMPACTING THE GLOBAL ECONOMY 43
FIGURE 8 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY 44
3 EXECUTIVE SUMMARY 46
FIGURE 9 SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET SNAPSHOT,
BY APPLICATION, 2020 VS. 2025 47
FIGURE 10 SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET SIZE, BY CONTAINER TYPE, 2020 VS. 2025 (USD BILLION) 47
FIGURE 11 SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET SIZE, BY MULTIPACK SIZE, 2020 VS. 2025 (USD BILLION) 48
FIGURE 12 SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET SIZE, BY TYPE,
2020 VS. 2025 (USD BILLION) 49
FIGURE 13 EUROPE TO GROW AT THE HIGHEST CAGR IN THE SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET, 2020 VS.2025 49
FIGURE 14 SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET, BY REGION 50
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES IN THE SHRINK FILM FOR BEVERAGE MULTIPACK MARKET 51
FIGURE 15 GROWING DEMAND FOR CLEAN SHRINK FILMS DUE TO PACKAGING ADVANTAGES DRIVES THE GROWTH OF THE SHRINK FILM FOR BEVERAGE MULTIPACK MARKET 51
4.2 SHRINK FILM FOR BEVERAGE MULTIPACK MARKET: MAJOR REGIONAL SUBMARKETS 52
FIGURE 16 ASIA PACIFIC WAS THE FASTEST-GROWING MARKET FOR SHRINK FILMS IN 2019 52
4.3 SHRINK FILM FOR BEVERAGE MULTIPACK MARKET, BY APPLICATION 52
FIGURE 17 WATER SEGMENT OF SHRINK FILM FOR BEVERAGE MULTIPACK PROJECTED TO DOMINATE THE MARKET THROUGH 2025 52
4.4 SHRINK FILM FOR BEVERAGE MULTIPACK MARKET, BY TYPE 53
FIGURE 18 UNPRINTED SEGMENT PROJECTED TO DOMINATE DURING THE FORECAST PERIOD 53
4.5 SHRINK FILM FOR BEVERAGE MULTIPACK MARKET, BY MULTIPACK SIZE 53
FIGURE 19 4X2 SEGMENT PROJECTED TO DOMINATE THE MARKET DURING THE FORECAST PERIOD (USD MILLION) 53
4.6 SHRINK FILM FOR BEVERAGE MULTIPACKS MARKET, BY CONTAINER TYPE 54
FIGURE 20 BOTTLE SEGMENT PROJECTED TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 54
4.7 SHRINK FILM FOR BEVERAGE MULTIPACKS MARKET, BY REGION 54
FIGURE 21 EUROPEAN REGION PROJECTED TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 54
5 MARKET OVERVIEW 55
5.1 INTRODUCTION 55
TABLE 2 SHRINK FILM PROPERTIES 55
5.2 MARKET DYNAMICS 56
FIGURE 22 MARKET DYNAMICS: SHRINK PLASTIC FILM FOR BEVERAGE MULTIPACKS MARKET 56
5.2.1 DRIVERS 56
5.2.1.1 Shipping Friendly 56
5.2.1.2 Increasing Alcohol Consumption 56
FIGURE 23 SHIFT IN BREWERY MARKET SHARE IN THE US, 2009 VS. 2019 (BY VALUE) 57
5.2.1.2.1 Rise in disposable income 57
FIGURE 24 WORLD GDP GROWTH, 2011–2018 (%) 57
FIGURE 25 US DISPOSABLE PERSONAL INCOME, 2017–2018 (USD BILLION) 58
5.2.1.3 Strong Sealing Capability 58
5.2.1.4 Less Wasteful 58
5.2.1.5 Printability 58
5.2.1.6 Appealing to Customers 58
5.2.2 RESTRAINTS 59
5.2.2.1 Competition for Raw Materials 59
5.2.2.1.1 Non-availability of raw materials due to COVID-19 59
5.2.2.2 Continuous Change in Demands of Customer 59
5.2.2.2.1 Demand for sustainable and recyclable packaging 59
FIGURE 26 PACKAGING WASTE IN EUROPE: GENERATED VS. RECYCLED VS. RECOVERED, 2014-2017 (MILLION TONNES) 60
5.2.2.3 Reduced Beverage Production in Q2 of 2020 due to COVID-19 Outbreak 60
5.2.3 OPPORTUNITIES 60
5.2.3.1 Increasing Consumption of Packaged Beverages 60
TABLE 3 LEADING SOFT DRINK BRANDS AND CHANGE IN MARKET SHARES FROM 2012 TO 2017 (BY VOLUME) 61
5.2.3.2 Emerging Markets 61
FIGURE 27 ANNUAL GDP GROWTH IN EMERGING ECONOMIES, 2011-2018 (%) 62
FIGURE 28 INVESTMENT OPPORTUNITIES IN INDIA, 2019 62
5.2.3.2.1 Growth in demand for carbonated soft drinks in emerging economies 62
5.2.4 CHALLENGES 63
5.2.4.1 Stringent Regulations 63
5.2.4.1.1 High cost of packaging testing 63
5.2.4.2 Regular Developments and New Product Launches in the Packaging Industry 63
5.3 BEVERAGE INDUSTRY 64
TABLE 4 TOP 20 BEVERAGE COMPANIES IN THE WORLD BASED ON REVENUE, 2018 64
5.3.1 ALCOHOL INDUSTRY 66
5.3.1.1 Brewing Industry 66
FIGURE 29 GLOBAL BEER PRODUCTION FOR TOP 10 COUNTRIES, 2017 (KILO LITERS) 66
5.3.2 SOFT DRINK INDUSTRY 67
FIGURE 30 SOFT DRINK SALES IN EUROPE, 2011–2016 (MILLION LITERS) 67
FIGURE 31 TOTAL SOFT DRINK CONSUMPTION, UK, 2018 68
5.3.2.1 Fortified Beverages: Water-soluble Vitamins 68
5.3.3 DAIRY INDUSTRY 68
5.3.3.1 Dairy Fortification: A Major Trend 68
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6 INDUSTRY TRENDS 69
6.1 INTRODUCTION 69
6.2 YC-YCC SHIFT 69
FIGURE 32 SHRINK FILM MARKET: YC-YCC SHIFT 69
6.3 ECOSYSTEM MAP: F&B LOGISTICS, COLD CHAIN, AND PACKAGING 70
6.3.1 ECOSYSTEM VIEW 70
6.3.2 MARKET MAP 70
6.4 PATENT ANALYSIS 71
TABLE 5 KEY PATENTS GRANTED WITH RESPECT TO SHRINK FILMS, 2018–2020 71
6.5 CASE STUDIES 75
6.5.1 CASE STUDY 1 75
6.5.1.1 Title 75
6.5.1.2 Problem Statement 75
6.5.1.3 MnM Approach 75
6.5.1.4 Revenue Impact (RI) 75
6.5.2 CASE STUDY 2 75
6.5.2.1 Title 75
6.5.2.2 Problem Statement 75
6.5.2.3 MnM Approach 75
6.5.2.4 Revenue Impact (RI) 75
6.5.3 CASE STUDY 3 76
6.5.3.1 Title 76
6.5.3.2 Problem Statement 76
6.5.3.3 MnM Approach 76
6.5.3.4 Revenue Impact (RI) 76
6.6 COVID-19 DRIVERS 76
6.7 VALUE CHAIN ANALYSIS 77
FIGURE 33 SHRINK FILM MARKET: VALUE CHAIN ANALYSIS 77
6.8 PORTER’S FIVE FORCES ANALYSIS 78
FIGURE 34 PORTER’S FIVE FORCES ANALYSIS 78
6.8.1 THREAT OF NEW ENTRANTS 78
6.8.1.1 High Capex 78
6.8.1.2 Dominated by Large-scale established players 79
6.8.2 THREAT OF SUBSTITUTES 79
6.8.2.1 Government policies and environmental concerns 79
6.8.3 BARGAINING POWER OF SUPPLIERS 79
6.8.3.1 Limited availability of raw materials and fluctuating price of raw materials 79
6.8.4 BARGAINING POWER OF BUYERS 79
6.8.4.1 Low product differentiation 79
6.8.4.2 High-volume buyers hold a high degree of bargaining power 80
6.8.5 INTENSITY OF COMPETITIVE RIVALRY 80
6.8.5.1 Many big players 80
6.8.5.2 High exit barrier 80
6.9 STRATEGIC BENCHMARKING 80
FIGURE 35 KEY STRATEGIES ADOPTED BY FOOD & BEVERAGE COMPANIES TO SUSTAIN IN COMPETITIVE MARKET, BY REGION, 2018-2020 81
6.10 AVERAGE SELLING PRICE (ASP) TREND 81
FIGURE 36 SHRINK FILM FOR BEVERAGE MULTIPACKS: GLOBAL AVERAGE SELLING PRICE (ASP) TREND, 2018-2025 81
7 SHRINK PLASTIC FILM MARKET, BY TYPE 82
7.1 INTRODUCTION 83
FIGURE 37 SHRINK PLASTIC FILM FOR BEVERAGE MULTIPACKS MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION) 83
FIGURE 38 SHRINK PLASTIC FILM MARKET SIZE FOR BEVERAGE MULTIPACKS, BY TYPE, 2020 VS. 2025 (KT) 83
TABLE 6 SHRINK FILMS MARKET SIZE FOR BEVERAGE MULTIPACKS, BY TYPE,
2018–2025 (USD MILLION) 84
TABLE 7 SHRINK PLASTIC FILM MARKET SIZE FOR BEVERAGE MULTIPACKS, BY TYPE, 2018–2025 (KT) 84
7.2 COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET, BY TYPE,
2018-2021 (USD MILLION) 84
7.2.1 OPTIMISTIC SCENARIO 84
TABLE 8 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION) 84
7.2.2 PESSIMISTIC SCENARIO 85
TABLE 9 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION) 85
7.3 UNPRINTED 85
7.3.1 COST-EFFECTIVENESS OF SHRINK FILMS MAKES IT A POPULAR CHOICE AMONG MANUFACTURERS 85
FIGURE 39 UNPRINTED: SHRINK PLASTIC FILM MARKET SIZE FOR BEVERAGE MULTIPACKS, BY REGION, 2020 VS. 2025 (USD MILLION) 85
TABLE 10 UNPRINTED: SHRINK PLASTIC FILMS MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 86
TABLE 11 UNPRINTED: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (KT) 86
7.4 PRINTED 86
7.4.1 BETTER SAFETY FOR FRAGILE PRODUCTS THROUGH SHRINK WRAPS FUELS THE MARKET 86
TABLE 12 PRINTED: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 87
TABLE 13 PRINTED: SHRINK PLASTIC FILM MARKET SIZE, BY REGION, 2018–2025 (KT) 87
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8 SHRINK PLASTIC FILM FOR BEVERAGE MULTIPACKS MARKET,
BY APPLICATION 88
8.1 INTRODUCTION 89
FIGURE 40 SHRINK PLASTIC FILM FOR BEVERAGE MULTIPACKS MARKET SIZE,
BY APPLICATION, 2020 VS. 2025 (USD MILLION) 89
FIGURE 41 SHRINK PLASTIC FILMS FOR BEVERAGE MULTIPACKS MARKET SIZE,
BY APPLICATION, 2020 VS. 2025 (KT) 90
TABLE 14 SHRINK PLASTIC FILM FOR BEVERAGE MULTIPACKS MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 90
TABLE 15 SHRINK PLASTIC FILM FOR BEVERAGE MULTIPACKS MARKET,
BY APPLICATION, 2018–2025 (KT) 90
8.2 COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET, BY APPLICATION,
2018-2021 (USD MILLION) 91
8.2.1 OPTIMISTIC SCENARIO 91
TABLE 16 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 91
8.2.2 PESSIMISTIC SCENARIO 92
TABLE 17 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 92
8.3 ALCOHOLIC BEVERAGES 92
8.3.1 DUE TO CONVENIENT PACKAGING OPTION IN OPEN TRAY FOR ALCOHOLIC BEVERAGES, SHRINK WRAPS ARE GAINING MARKET SHARE 92
TABLE 18 ALCOHOLIC BEVERAGES: SHRINK PLASTIC FILM MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 93
TABLE 19 ALCOHOLIC BEVERAGES: SHRINK PLASTIC FILMS MARKET SIZE, BY REGION, 2018–2025 (KT) 93
8.4 WATER 93
8.4.1 SAFETY AND TAMPER PROOFING ARE SOME OF THE MAJOR FACTORS FOR WATER MANUFACTURERS TO USE SHRINK WRAPS 93
TABLE 20 WATER: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 94
TABLE 21 WATER: SHRINK PLASTIC FILM MARKET SIZE, BY REGION, 2018–2025 (KT) 94
8.5 CARBONATED SOFT DRINKS 94
8.5.1 SHRINK WRAPS SERVE AS MAJOR COST-EFFECTIVE MARKETING TOOL FOR SOFT DRINKS MANUFACTURERS 94
TABLE 22 CARBONATED SOFT DRINKS: SHRINK PLASTIC FILM MARKET SIZE,
BY REGION, 2018–2025 (USD MILLION) 95
TABLE 23 CARBONATED SOFT DRINKS: SHRINK PLASTIC FILM MARKET SIZE,
BY REGION, 2018–2025 (KT) 95
8.6 OTHER DRINKS 95
TABLE 24 OTHER DRINKS: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 96
TABLE 25 OTHER DRINKS: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (KT) 96
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9 SHRINK WRAP MARKET, BY CONTAINER TYPE 97
9.1 INTRODUCTION 98
FIGURE 42 SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET SIZE, BY CONTAINER TYPE, 2020 VS. 2025 (USD MILLION) 98
TABLE 26 SHRINK FILMS MARKET SIZE FOR BEVERAGE MULTIPACKS, BY CONTAINER TYPE, 2018–2025 (USD MILLION) 99
9.2 COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET, BY CONTAINER TYPE, 2018-2021 (USD MILLION) 99
9.2.1 OPTIMISTIC SCENARIO 99
TABLE 27 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY CONTAINER TYPE, 2018–2021 (USD MILLION) 99
9.2.2 PESSIMISTIC SCENARIO 99
TABLE 28 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY CONTAINER TYPE, 2018–2021 (USD MILLION) 99
9.3 CANS 100
9.3.1 COST-EFFECTIVENESS OF SHRINK WRAPS MAKES IT A POPULAR CHOICE AMONG MANUFACTURERS 100
TABLE 29 CANS: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 100
9.4 BOTTLE 100
9.4.1 BETTER SAFETY OF FRAGILE PRODUCTS THROUGH SHRINK WRAPS DRIVES THE MARKET 100
FIGURE 43 BOTTLE: SHRINK FILMS MARKET SIZE FOR BEVERAGE MULTIPACKS,
BY REGION, 2020 VS. 2025 (USD MILLION) 101
TABLE 30 BOTTLE: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 101
9.5 BRICK 102
9.5.1 SHRINK WRAPS ARE MORE MOISTURE RESISTANT AND COST-EFFECTIVE THAN OTHER PACKAGING OPTIONS 102
TABLE 31 BRICK: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 102
10 SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET, BY MULTIPACK SIZE 103
10.1 INTRODUCTION 104
FIGURE 44 SHRINK FILMS MARKET SIZE FOR BEVERAGE MULTIPACKS, BY MULTIPACK SIZE, 2020 VS. 2025 (USD MILLION) 104
TABLE 32 SHRINK FILMS MARKET SIZE FOR BEVERAGE MULTIPACKS, BY MULTIPACK SIZE, 2018–2025 (USD MILLION) 104
10.2 COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET, BY MULTIPACK SIZE,
2018-2021 (USD MILLION) 105
10.2.1 OPTIMISTIC SCENARIO 105
TABLE 33 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY MULTIPACK SIZE, 2018–2021 (USD MILLION) 105
10.2.2 PESSIMISTIC SCENARIO 105
TABLE 34 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY MULTIPACK SIZE, 2018–2021 (USD MILLION) 105
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10.3 3X2 106
10.3.1 ARRANGEMENT IS MORE POPULAR WITH RETAIL PRODUCTS 106
TABLE 35 3X2 SIZE: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 106
10.4 4X2 106
10.4.1 MOSTLY BEER AND SOFT DRINKS MANUFACTURERS USE THIS ARRANGEMENT 106
FIGURE 45 4X2: SHRINK FILMS MARKET SIZE FOR BEVERAGE MULTIPACKS, BY REGION, 2020 VS. 2025 (USD MILLION) 107
TABLE 36 4X2 SIZE: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 107
10.5 4X3 108
10.5.1 MID TO LARGE-SIZED BEVERAGE ARE KEPT IN THIS KIND OF ARRANGEMENT 108
TABLE 37 4X3 SIZE: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 108
10.6 6X3 108
10.6.1 SMALL-SIZED PACKS ARE KEPT IN THIS ARRANGEMENT 108
TABLE 38 6X3 SIZE: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 108
10.7 OTHER PACK SIZES 109
TABLE 39 OTHER PACK SIZES: SHRINK PLASTIC FILM MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 109
11 SHRINK PLASTIC FILM MARKET, BY REGION 110
11.1 INTRODUCTION 111
FIGURE 46 ASIA PACIFIC TO RECORD SIGNIFICANT MARKET GROWTH IN THE SHRINK PLASTIC FILM MARKET, 2018–2025 111
TABLE 40 SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 112
TABLE 41 SHRINK FILM FOR BEVERAGE MULTIPACKS MARKET SIZE, BY REGION, 2018–2025 (TON) 112
11.2 COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET 112
11.2.1 OPTIMISTIC SCENARIO 112
TABLE 42 OPTIMISTIC SCENARIO: SHRINK PLASTIC FILM MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 112
11.2.2 PESSIMISTIC SCENARIO 113
TABLE 43 PESSIMISTIC SCENARIO: SHRINK PLASTIC FILM MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 113
11.3 NORTH AMERICA 113
FIGURE 47 NORTH AMERICA: MARKET SNAPSHOT (BY VALUE) 114
TABLE 44 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 114
TABLE 45 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY,
2018–2025 (KT) 115
TABLE 46 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 115
TABLE 47 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 115
TABLE 48 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 116
TABLE 49 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE,
2018–2025 (KT) 116
TABLE 50 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY MULTIPACK SIZE, 2018–2025 (USD MILLION) 116
TABLE 51 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY CONTAINER TYPE, 2018–2025 (USD MILLION) 117
11.3.1 US 117
11.3.1.1 Increase in the production of beverages to drive the growth of the market 117
TABLE 52 US: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 117
TABLE 53 US: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 118
11.3.2 CANADA 118
11.3.2.1 Increase in export of beverages to drive the demand for shrink plastic films in the country 118
TABLE 54 CANADA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 118
TABLE 55 CANADA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 119
11.3.3 MEXICO 119
11.3.3.1 Shrink plastic film is an economical option for packaging among Mexican manufacturers 119
TABLE 56 MEXICO: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 119
TABLE 57 MEXICO: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 120
11.4 EUROPE 120
FIGURE 48 EUROPE: SHRINK PLASTIC FILM MARKET SNAPSHOT, 2019 (BY VALUE) 121
TABLE 58 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 122
TABLE 59 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY
, 2018–2025 (KT) 122
TABLE 60 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 123
TABLE 61 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 123
TABLE 62 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 123
TABLE 63 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE, 2018–2025 (KT) 124
TABLE 64 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY MULTIPACK SIZE,
2018–2025 (USD MILLION) 124
TABLE 65 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY CONTAINER TYPE,
2018–2025 (USD MILLION) 124
11.4.1 GERMANY 125
11.4.1.1 Increase in the exports of food & beverage products to drive the demand for shrink plastic films 125
TABLE 66 GERMANY: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 125
TABLE 67 GERMANY: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 125
11.4.2 UK 126
11.4.2.1 Rise in demand for ready-to-drink beverages to drive the demand for shrink plastic films among manufacturers 126
TABLE 68 UK: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 126
TABLE 69 UK: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 126
11.4.3 FRANCE 127
11.4.3.1 Increase in the production of innovative products to drive the demand for beverages, which, in turn, drives the shrink plastic film market growth 127
TABLE 70 FRANCE: SHRINK PLASTIC FILM SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 127
TABLE 71 FRANCE: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 127
11.4.4 ITALY 128
11.4.4.1 High production of food & beverages to drive the demand for efficient packages as well in the country 128
TABLE 72 ITALY: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 128
TABLE 73 ITALY: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 128
11.4.5 SPAIN 129
11.4.5.1 Macroeconomic factors to drive the growth of the market 129
TABLE 74 SPAIN: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 129
TABLE 75 SPAIN: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 129
11.4.6 NETHERLANDS 130
11.4.6.1 Increase in investment in the food & beverages manufacturing infrastructure to drive the growth of the secondary packaging market 130
TABLE 76 NETHERLANDS: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 130
TABLE 77 NETHERLANDS: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 130
11.4.7 SCANDINAVIAN COUNTRIES 131
11.4.7.1 Rise in consumer demand for convenient packaging materials to drive the market growth 131
TABLE 78 SCANDINAVIAN COUNTRIES: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (USD MILLION) 131
TABLE 79 SCANDINAVIAN COUNTRIES: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (KT) 131
11.4.8 REST OF EUROPE 132
TABLE 80 REST OF EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 132
TABLE 81 REST OF EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 132
11.5 ASIA PACIFIC 133
FIGURE 49 ASIA PACIFIC: MARKET SNAPSHOT (BY VALUE) 134
TABLE 82 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE FOR BEVERAGE MULTIPACKS, BY COUNTRY, 2018–2025 (USD MILLION) 135
TABLE 83 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE FOR BEVERAGE MULTIPACKS, BY COUNTRY, 2018–2025 (KT) 135
TABLE 84 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 136
TABLE 85 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 136
TABLE 86 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE, 2018–
2025 (USD MILLION) 136
TABLE 87 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE,
2018–2025 (KT) 137
TABLE 88 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE, BY MULTIPACK SIZE, 2018–2025 (USD MILLION) 137
TABLE 89 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE, BY CONTAINER TYPE, 2018–2025 (USD MILLION) 137
11.5.1 CHINA 138
11.5.1.1 High demand for ready-to-drink beverages and change in the lifestyle of consumers to drive the growth of the market 138
TABLE 90 CHINA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 138
TABLE 91 CHINA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 138
11.5.2 INDIA 139
11.5.2.1 High demand among consumers to drive the market for convenience and secondary packaging solutions 139
TABLE 92 INDIA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 139
TABLE 93 INDIA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 139
11.5.3 JAPAN 140
11.5.3.1 Increase in consumer awareness about hygienic packaging conditions of beverages to drive the growth of the shrink plastic film market 140
TABLE 94 JAPAN: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 140
TABLE 95 JAPAN: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 140
11.5.4 AUSTRALIA & NEW ZEALAND 141
11.5.4.1 Manufacturers are focusing on investing in product differentiation through opting for various packaging solutions 141
TABLE 96 AUSTRALIA & NEW ZEALAND: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (USD MILLION) 141
TABLE 97 AUSTRALIA & NEW ZEALAND: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (KT) 141
11.5.5 REST OF ASIA PACIFIC 142
TABLE 98 REST OF ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (USD MILLION) 142
TABLE 99 REST OF ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (KT) 142
11.6 SOUTH AMERICA 143
TABLE 100 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 143
TABLE 101 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY,
2018–2025 (KT) 144
TABLE 102 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 144
TABLE 103 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 144
TABLE 104 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 145
TABLE 105 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE,
2018–2025 (KT) 145
TABLE 106 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY MULTIPACK SIZE, 2018–2025 (USD MILLION) 145
TABLE 107 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY CONTAINER TYPE, 2018–2025 (USD MILLION) 146
11.6.1 BRAZIL 146
11.6.1.1 Increase in the packaging of alcoholic beverages in bottles and cans to drive the market growth of shrink plastic films 146
TABLE 108 BRAZIL: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 146
TABLE 109 BRAZIL: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 147
11.6.2 ARGENTINA 147
11.6.2.1 Rise in the export of beverages to create high growth potential for manufacturers in the shrink plastic film market 147
TABLE 110 ARGENTINA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 147
TABLE 111 ARGENTINA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 148
11.6.3 REST OF SOUTH AMERICA 148
TABLE 112 REST OF SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (USD MILLION) 148
TABLE 113 REST OF SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (KT) 149
11.7 REST OF THE WORLD 149
TABLE 114 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 149
TABLE 115 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY,
2018–2025 (KT) 150
TABLE 116 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 150
TABLE 117 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 150
TABLE 118 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 151
TABLE 119 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE, 2018–2025 (KT) 151
TABLE 120 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY MULTIPACK SIZE,
2018–2025 (USD MILLION) 151
TABLE 121 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY CONTAINER TYPE,
2018–2025 (USD MILLION) 152
11.7.1 MIDDLE EAST 152
11.7.1.1 High competition encourages product differentiation through packaging, which drives the growth of the market 152
TABLE 122 MIDDLE EAST: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 152
TABLE 123 MIDDLE EAST: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 153
11.7.2 SOUTH AFRICA 153
11.7.2.1 Packaging of health drinks to drive the growth of the market for shrink plastic films 153
TABLE 124 SOUTH AFRICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 153
TABLE 125 SOUTH AFRICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 154
11.7.3 REST OF AFRICA 154
TABLE 126 REST OF AFRICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 154
TABLE 127 REST OF AFRICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 155
12 COMPETITIVE LANDSCAPE 156
12.1 MARKET EVALUATION FRAMEWORK 156
FIGURE 50 MARKET EVALUATION FRAMEWORK, 2019 VS. 2020 156
12.2 MARKET SHARE OF KEY PLAYERS, 2019 157
FIGURE 51 AMCOR PLC LED THE SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET IN 2019 157
12.3 COVID-19 SPECIFIC COMPANY RESPONSE 157
12.4 KEY MARKET DEVELOPMENTS 158
12.4.1 EXPANSIONS & INVESTMENTS 158
TABLE 128 EXPANSIONS & INVESTMENTS, 2018–2020 158
12.4.2 MERGERS & ACQUISITIONS 158
TABLE 129 MERGERS & ACQUISITIONS, 2019 158
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13 COMPANY EVALUATION MATRIX & COMPANY PROFILES 159
13.1 OVERVIEW 159
13.2 COMPANY EVALUATION MATRIX: DEFINITIONS & METHODOLOGY 159
13.2.1 STARS 159
13.2.2 EMERGING LEADERS 160
13.2.3 PERVASIVE PLAYERS 160
13.2.4 EMERGING COMPANIES 160
13.3 COMPANY EVALUATION MATRIX, 2019 (OVERALL MARKET) 161
FIGURE 52 GLOBAL SHRINK PLASTIC FILM MARKET COMPANY EVALUATION MATRIX, 2019 (OVERALL MARKET) 161
13.4 COMPANY PROFILES 162
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MNM View)*
13.4.1 AMCOR PLC 162
FIGURE 53 AMCOR PLC: COMPANY SNAPSHOT 162
FIGURE 54 SWOT ANALYSIS: AMCOR PLC 163
13.4.2 COVERIS HOLDINGS SA 164
FIGURE 55 SWOT ANALYSIS: COVERIS HOLDING SA 165
13.4.3 CEISA SEMO 166
FIGURE 56 SWOT ANALYSIS: CEISA SEMO 166
13.4.4 CLONDALKIN GROUP 167
FIGURE 57 SWOT ANALYSIS: CLONDALKIN GROUP 167
13.4.5 RKW GROUP 168
FIGURE 58 SWOT ANALYSIS: RKW GROUP 168
13.4.6 BERRY GLOBAL INC. 169
FIGURE 59 BERRY GLOBAL INC: COMPANY SNAPSHOT 169
13.4.7 PLASTOTECNICA SPA 170
13.4.8 CLEARPACK GROUP 171
13.4.9 SARKINA 172
13.4.10 BARODA PACKAGING 173
13.4.11 KYUNG WON CHEMICAL CO. LTD. 174
13.4.12 BENISON & CO. LTD 175
13.5 COMPETITIVE LEADERSHIP MAPPING (START-UP/SME) 176
13.5.1 PROGRESSIVE COMPANIES 176
13.5.2 STARTING BLOCKS 176
13.5.3 RESPONSIVE COMPANIES 176
13.5.4 DYNAMIC COMPANIES 176
FIGURE 60 SHRINK PLASTIC FILMS MARKET COMPETITIVE LEADERSHIP MAPPING FOR START-UPS/SME PLAYERS, 2019 177
13.6 START-UP/SME PROFILES 178
13.6.1 SANDEEP POLYMER 178
13.6.2 HUYAN YUAN PLASTIC FILM 179
13.6.3 AINTREE PLASTICS 180
13.6.4 ALLIED PROPACK PVT LTD 181
13.6.5 ELITE PLASTICS 182
13.6.6 JIANGYIN BAIRUIJIA PLASTICS SCIENCE & TECHNOLOGY CO., LTD 183
13.6.7 BRENTWOOD PLASTICS, INC 184
13.6.8 XINJIANG RIVAL TECH CO., LTD 185
13.6.9 DON-POLYMER 186
13.6.10 POLY-PACK VERPACKUNGS-GMBH & CO. KG 187
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MNM View might not be captured in case of unlisted companies.
14 APPENDIX 188
14.1 KEY INDUSTRY INSIGHTS 188
14.2 DISCUSSION GUIDE 189
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL: 193
14.4 AVAILABLE CUSTOMIZATION 195
14.5 RELATED REPORTS 195
14.6 AUTHOR DETAILS 196
1.1 OBJECTIVES OF THE STUDY 27
1.2 MARKET DEFINITION 27
1.3 MARKET SCOPE 28
FIGURE 1 SHRINK FILM FOR BEVERAGE MULTIPACKS MARKET SEGMENTATION 28
1.3.1 OUT OF SCOPE 29
1.3.2 PERIODIZATION CONSIDERED 29
1.4 CURRENCY CONSIDERED 29
1.5 UNIT CONSIDERED 30
TABLE 1 USD EXCHANGE RATES CONSIDERED FOR THE STUDY, 2017–2019 30
1.6 STAKEHOLDERS 30
1.7 SUMMARY OF CHANGES 31
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
FIGURE 2 SHRINK FILM FOR BEVERAGE MULTIPACKS MARKET: RESEARCH DESIGN 32
2.1.1 SECONDARY DATA 33
2.1.1.1 Key Data From Secondary Sources 33
2.1.2 PRIMARY DATA 34
2.1.2.1 Key Data From Secondary Sources 34
2.1.2.2 Breakdown of Primaries 35
2.2 MARKET SIZE ESTIMATION 35
2.2.1 BOTTOM-UP APPROACH 36
2.2.2 TOP-DOWN APPROACH 37
2.3 DATA TRIANGULATION 38
FIGURE 3 DATA TRIANGULATION METHODOLOGY 38
2.4 ASSUMPTIONS FOR THE STUDY 39
2.5 LIMITATIONS OF THE STUDY 39
2.6 INTRODUCTION TO COVID-19 40
2.7 COVID-19 HEALTH ASSESSMENT 40
FIGURE 4 COVID-19: THE GLOBAL PROPAGATION 40
FIGURE 5 COVID-19 PROPAGATION: SELECT COUNTRIES 41
2.8 COVID-19 ECONOMIC ASSESSMENT 42
FIGURE 6 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 42
2.8.1 COVID-19 ECONOMIC IMPACT: SCENARIO ASSESSMENT 43
FIGURE 7 CRITERIA IMPACTING THE GLOBAL ECONOMY 43
FIGURE 8 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY 44
3 EXECUTIVE SUMMARY 46
FIGURE 9 SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET SNAPSHOT,
BY APPLICATION, 2020 VS. 2025 47
FIGURE 10 SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET SIZE, BY CONTAINER TYPE, 2020 VS. 2025 (USD BILLION) 47
FIGURE 11 SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET SIZE, BY MULTIPACK SIZE, 2020 VS. 2025 (USD BILLION) 48
FIGURE 12 SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET SIZE, BY TYPE,
2020 VS. 2025 (USD BILLION) 49
FIGURE 13 EUROPE TO GROW AT THE HIGHEST CAGR IN THE SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET, 2020 VS.2025 49
FIGURE 14 SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET, BY REGION 50
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES IN THE SHRINK FILM FOR BEVERAGE MULTIPACK MARKET 51
FIGURE 15 GROWING DEMAND FOR CLEAN SHRINK FILMS DUE TO PACKAGING ADVANTAGES DRIVES THE GROWTH OF THE SHRINK FILM FOR BEVERAGE MULTIPACK MARKET 51
4.2 SHRINK FILM FOR BEVERAGE MULTIPACK MARKET: MAJOR REGIONAL SUBMARKETS 52
FIGURE 16 ASIA PACIFIC WAS THE FASTEST-GROWING MARKET FOR SHRINK FILMS IN 2019 52
4.3 SHRINK FILM FOR BEVERAGE MULTIPACK MARKET, BY APPLICATION 52
FIGURE 17 WATER SEGMENT OF SHRINK FILM FOR BEVERAGE MULTIPACK PROJECTED TO DOMINATE THE MARKET THROUGH 2025 52
4.4 SHRINK FILM FOR BEVERAGE MULTIPACK MARKET, BY TYPE 53
FIGURE 18 UNPRINTED SEGMENT PROJECTED TO DOMINATE DURING THE FORECAST PERIOD 53
4.5 SHRINK FILM FOR BEVERAGE MULTIPACK MARKET, BY MULTIPACK SIZE 53
FIGURE 19 4X2 SEGMENT PROJECTED TO DOMINATE THE MARKET DURING THE FORECAST PERIOD (USD MILLION) 53
4.6 SHRINK FILM FOR BEVERAGE MULTIPACKS MARKET, BY CONTAINER TYPE 54
FIGURE 20 BOTTLE SEGMENT PROJECTED TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 54
4.7 SHRINK FILM FOR BEVERAGE MULTIPACKS MARKET, BY REGION 54
FIGURE 21 EUROPEAN REGION PROJECTED TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 54
5 MARKET OVERVIEW 55
5.1 INTRODUCTION 55
TABLE 2 SHRINK FILM PROPERTIES 55
5.2 MARKET DYNAMICS 56
FIGURE 22 MARKET DYNAMICS: SHRINK PLASTIC FILM FOR BEVERAGE MULTIPACKS MARKET 56
5.2.1 DRIVERS 56
5.2.1.1 Shipping Friendly 56
5.2.1.2 Increasing Alcohol Consumption 56
FIGURE 23 SHIFT IN BREWERY MARKET SHARE IN THE US, 2009 VS. 2019 (BY VALUE) 57
5.2.1.2.1 Rise in disposable income 57
FIGURE 24 WORLD GDP GROWTH, 2011–2018 (%) 57
FIGURE 25 US DISPOSABLE PERSONAL INCOME, 2017–2018 (USD BILLION) 58
5.2.1.3 Strong Sealing Capability 58
5.2.1.4 Less Wasteful 58
5.2.1.5 Printability 58
5.2.1.6 Appealing to Customers 58
5.2.2 RESTRAINTS 59
5.2.2.1 Competition for Raw Materials 59
5.2.2.1.1 Non-availability of raw materials due to COVID-19 59
5.2.2.2 Continuous Change in Demands of Customer 59
5.2.2.2.1 Demand for sustainable and recyclable packaging 59
FIGURE 26 PACKAGING WASTE IN EUROPE: GENERATED VS. RECYCLED VS. RECOVERED, 2014-2017 (MILLION TONNES) 60
5.2.2.3 Reduced Beverage Production in Q2 of 2020 due to COVID-19 Outbreak 60
5.2.3 OPPORTUNITIES 60
5.2.3.1 Increasing Consumption of Packaged Beverages 60
TABLE 3 LEADING SOFT DRINK BRANDS AND CHANGE IN MARKET SHARES FROM 2012 TO 2017 (BY VOLUME) 61
5.2.3.2 Emerging Markets 61
FIGURE 27 ANNUAL GDP GROWTH IN EMERGING ECONOMIES, 2011-2018 (%) 62
FIGURE 28 INVESTMENT OPPORTUNITIES IN INDIA, 2019 62
5.2.3.2.1 Growth in demand for carbonated soft drinks in emerging economies 62
5.2.4 CHALLENGES 63
5.2.4.1 Stringent Regulations 63
5.2.4.1.1 High cost of packaging testing 63
5.2.4.2 Regular Developments and New Product Launches in the Packaging Industry 63
5.3 BEVERAGE INDUSTRY 64
TABLE 4 TOP 20 BEVERAGE COMPANIES IN THE WORLD BASED ON REVENUE, 2018 64
5.3.1 ALCOHOL INDUSTRY 66
5.3.1.1 Brewing Industry 66
FIGURE 29 GLOBAL BEER PRODUCTION FOR TOP 10 COUNTRIES, 2017 (KILO LITERS) 66
5.3.2 SOFT DRINK INDUSTRY 67
FIGURE 30 SOFT DRINK SALES IN EUROPE, 2011–2016 (MILLION LITERS) 67
FIGURE 31 TOTAL SOFT DRINK CONSUMPTION, UK, 2018 68
5.3.2.1 Fortified Beverages: Water-soluble Vitamins 68
5.3.3 DAIRY INDUSTRY 68
5.3.3.1 Dairy Fortification: A Major Trend 68
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6 INDUSTRY TRENDS 69
6.1 INTRODUCTION 69
6.2 YC-YCC SHIFT 69
FIGURE 32 SHRINK FILM MARKET: YC-YCC SHIFT 69
6.3 ECOSYSTEM MAP: F&B LOGISTICS, COLD CHAIN, AND PACKAGING 70
6.3.1 ECOSYSTEM VIEW 70
6.3.2 MARKET MAP 70
6.4 PATENT ANALYSIS 71
TABLE 5 KEY PATENTS GRANTED WITH RESPECT TO SHRINK FILMS, 2018–2020 71
6.5 CASE STUDIES 75
6.5.1 CASE STUDY 1 75
6.5.1.1 Title 75
6.5.1.2 Problem Statement 75
6.5.1.3 MnM Approach 75
6.5.1.4 Revenue Impact (RI) 75
6.5.2 CASE STUDY 2 75
6.5.2.1 Title 75
6.5.2.2 Problem Statement 75
6.5.2.3 MnM Approach 75
6.5.2.4 Revenue Impact (RI) 75
6.5.3 CASE STUDY 3 76
6.5.3.1 Title 76
6.5.3.2 Problem Statement 76
6.5.3.3 MnM Approach 76
6.5.3.4 Revenue Impact (RI) 76
6.6 COVID-19 DRIVERS 76
6.7 VALUE CHAIN ANALYSIS 77
FIGURE 33 SHRINK FILM MARKET: VALUE CHAIN ANALYSIS 77
6.8 PORTER’S FIVE FORCES ANALYSIS 78
FIGURE 34 PORTER’S FIVE FORCES ANALYSIS 78
6.8.1 THREAT OF NEW ENTRANTS 78
6.8.1.1 High Capex 78
6.8.1.2 Dominated by Large-scale established players 79
6.8.2 THREAT OF SUBSTITUTES 79
6.8.2.1 Government policies and environmental concerns 79
6.8.3 BARGAINING POWER OF SUPPLIERS 79
6.8.3.1 Limited availability of raw materials and fluctuating price of raw materials 79
6.8.4 BARGAINING POWER OF BUYERS 79
6.8.4.1 Low product differentiation 79
6.8.4.2 High-volume buyers hold a high degree of bargaining power 80
6.8.5 INTENSITY OF COMPETITIVE RIVALRY 80
6.8.5.1 Many big players 80
6.8.5.2 High exit barrier 80
6.9 STRATEGIC BENCHMARKING 80
FIGURE 35 KEY STRATEGIES ADOPTED BY FOOD & BEVERAGE COMPANIES TO SUSTAIN IN COMPETITIVE MARKET, BY REGION, 2018-2020 81
6.10 AVERAGE SELLING PRICE (ASP) TREND 81
FIGURE 36 SHRINK FILM FOR BEVERAGE MULTIPACKS: GLOBAL AVERAGE SELLING PRICE (ASP) TREND, 2018-2025 81
7 SHRINK PLASTIC FILM MARKET, BY TYPE 82
7.1 INTRODUCTION 83
FIGURE 37 SHRINK PLASTIC FILM FOR BEVERAGE MULTIPACKS MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION) 83
FIGURE 38 SHRINK PLASTIC FILM MARKET SIZE FOR BEVERAGE MULTIPACKS, BY TYPE, 2020 VS. 2025 (KT) 83
TABLE 6 SHRINK FILMS MARKET SIZE FOR BEVERAGE MULTIPACKS, BY TYPE,
2018–2025 (USD MILLION) 84
TABLE 7 SHRINK PLASTIC FILM MARKET SIZE FOR BEVERAGE MULTIPACKS, BY TYPE, 2018–2025 (KT) 84
7.2 COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET, BY TYPE,
2018-2021 (USD MILLION) 84
7.2.1 OPTIMISTIC SCENARIO 84
TABLE 8 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION) 84
7.2.2 PESSIMISTIC SCENARIO 85
TABLE 9 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION) 85
7.3 UNPRINTED 85
7.3.1 COST-EFFECTIVENESS OF SHRINK FILMS MAKES IT A POPULAR CHOICE AMONG MANUFACTURERS 85
FIGURE 39 UNPRINTED: SHRINK PLASTIC FILM MARKET SIZE FOR BEVERAGE MULTIPACKS, BY REGION, 2020 VS. 2025 (USD MILLION) 85
TABLE 10 UNPRINTED: SHRINK PLASTIC FILMS MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 86
TABLE 11 UNPRINTED: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (KT) 86
7.4 PRINTED 86
7.4.1 BETTER SAFETY FOR FRAGILE PRODUCTS THROUGH SHRINK WRAPS FUELS THE MARKET 86
TABLE 12 PRINTED: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 87
TABLE 13 PRINTED: SHRINK PLASTIC FILM MARKET SIZE, BY REGION, 2018–2025 (KT) 87
?
8 SHRINK PLASTIC FILM FOR BEVERAGE MULTIPACKS MARKET,
BY APPLICATION 88
8.1 INTRODUCTION 89
FIGURE 40 SHRINK PLASTIC FILM FOR BEVERAGE MULTIPACKS MARKET SIZE,
BY APPLICATION, 2020 VS. 2025 (USD MILLION) 89
FIGURE 41 SHRINK PLASTIC FILMS FOR BEVERAGE MULTIPACKS MARKET SIZE,
BY APPLICATION, 2020 VS. 2025 (KT) 90
TABLE 14 SHRINK PLASTIC FILM FOR BEVERAGE MULTIPACKS MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 90
TABLE 15 SHRINK PLASTIC FILM FOR BEVERAGE MULTIPACKS MARKET,
BY APPLICATION, 2018–2025 (KT) 90
8.2 COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET, BY APPLICATION,
2018-2021 (USD MILLION) 91
8.2.1 OPTIMISTIC SCENARIO 91
TABLE 16 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 91
8.2.2 PESSIMISTIC SCENARIO 92
TABLE 17 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 92
8.3 ALCOHOLIC BEVERAGES 92
8.3.1 DUE TO CONVENIENT PACKAGING OPTION IN OPEN TRAY FOR ALCOHOLIC BEVERAGES, SHRINK WRAPS ARE GAINING MARKET SHARE 92
TABLE 18 ALCOHOLIC BEVERAGES: SHRINK PLASTIC FILM MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 93
TABLE 19 ALCOHOLIC BEVERAGES: SHRINK PLASTIC FILMS MARKET SIZE, BY REGION, 2018–2025 (KT) 93
8.4 WATER 93
8.4.1 SAFETY AND TAMPER PROOFING ARE SOME OF THE MAJOR FACTORS FOR WATER MANUFACTURERS TO USE SHRINK WRAPS 93
TABLE 20 WATER: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 94
TABLE 21 WATER: SHRINK PLASTIC FILM MARKET SIZE, BY REGION, 2018–2025 (KT) 94
8.5 CARBONATED SOFT DRINKS 94
8.5.1 SHRINK WRAPS SERVE AS MAJOR COST-EFFECTIVE MARKETING TOOL FOR SOFT DRINKS MANUFACTURERS 94
TABLE 22 CARBONATED SOFT DRINKS: SHRINK PLASTIC FILM MARKET SIZE,
BY REGION, 2018–2025 (USD MILLION) 95
TABLE 23 CARBONATED SOFT DRINKS: SHRINK PLASTIC FILM MARKET SIZE,
BY REGION, 2018–2025 (KT) 95
8.6 OTHER DRINKS 95
TABLE 24 OTHER DRINKS: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 96
TABLE 25 OTHER DRINKS: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (KT) 96
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9 SHRINK WRAP MARKET, BY CONTAINER TYPE 97
9.1 INTRODUCTION 98
FIGURE 42 SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET SIZE, BY CONTAINER TYPE, 2020 VS. 2025 (USD MILLION) 98
TABLE 26 SHRINK FILMS MARKET SIZE FOR BEVERAGE MULTIPACKS, BY CONTAINER TYPE, 2018–2025 (USD MILLION) 99
9.2 COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET, BY CONTAINER TYPE, 2018-2021 (USD MILLION) 99
9.2.1 OPTIMISTIC SCENARIO 99
TABLE 27 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY CONTAINER TYPE, 2018–2021 (USD MILLION) 99
9.2.2 PESSIMISTIC SCENARIO 99
TABLE 28 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY CONTAINER TYPE, 2018–2021 (USD MILLION) 99
9.3 CANS 100
9.3.1 COST-EFFECTIVENESS OF SHRINK WRAPS MAKES IT A POPULAR CHOICE AMONG MANUFACTURERS 100
TABLE 29 CANS: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 100
9.4 BOTTLE 100
9.4.1 BETTER SAFETY OF FRAGILE PRODUCTS THROUGH SHRINK WRAPS DRIVES THE MARKET 100
FIGURE 43 BOTTLE: SHRINK FILMS MARKET SIZE FOR BEVERAGE MULTIPACKS,
BY REGION, 2020 VS. 2025 (USD MILLION) 101
TABLE 30 BOTTLE: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 101
9.5 BRICK 102
9.5.1 SHRINK WRAPS ARE MORE MOISTURE RESISTANT AND COST-EFFECTIVE THAN OTHER PACKAGING OPTIONS 102
TABLE 31 BRICK: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 102
10 SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET, BY MULTIPACK SIZE 103
10.1 INTRODUCTION 104
FIGURE 44 SHRINK FILMS MARKET SIZE FOR BEVERAGE MULTIPACKS, BY MULTIPACK SIZE, 2020 VS. 2025 (USD MILLION) 104
TABLE 32 SHRINK FILMS MARKET SIZE FOR BEVERAGE MULTIPACKS, BY MULTIPACK SIZE, 2018–2025 (USD MILLION) 104
10.2 COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET, BY MULTIPACK SIZE,
2018-2021 (USD MILLION) 105
10.2.1 OPTIMISTIC SCENARIO 105
TABLE 33 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY MULTIPACK SIZE, 2018–2021 (USD MILLION) 105
10.2.2 PESSIMISTIC SCENARIO 105
TABLE 34 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET SIZE, BY MULTIPACK SIZE, 2018–2021 (USD MILLION) 105
?
10.3 3X2 106
10.3.1 ARRANGEMENT IS MORE POPULAR WITH RETAIL PRODUCTS 106
TABLE 35 3X2 SIZE: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 106
10.4 4X2 106
10.4.1 MOSTLY BEER AND SOFT DRINKS MANUFACTURERS USE THIS ARRANGEMENT 106
FIGURE 45 4X2: SHRINK FILMS MARKET SIZE FOR BEVERAGE MULTIPACKS, BY REGION, 2020 VS. 2025 (USD MILLION) 107
TABLE 36 4X2 SIZE: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 107
10.5 4X3 108
10.5.1 MID TO LARGE-SIZED BEVERAGE ARE KEPT IN THIS KIND OF ARRANGEMENT 108
TABLE 37 4X3 SIZE: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 108
10.6 6X3 108
10.6.1 SMALL-SIZED PACKS ARE KEPT IN THIS ARRANGEMENT 108
TABLE 38 6X3 SIZE: SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 108
10.7 OTHER PACK SIZES 109
TABLE 39 OTHER PACK SIZES: SHRINK PLASTIC FILM MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 109
11 SHRINK PLASTIC FILM MARKET, BY REGION 110
11.1 INTRODUCTION 111
FIGURE 46 ASIA PACIFIC TO RECORD SIGNIFICANT MARKET GROWTH IN THE SHRINK PLASTIC FILM MARKET, 2018–2025 111
TABLE 40 SHRINK PLASTIC FILM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 112
TABLE 41 SHRINK FILM FOR BEVERAGE MULTIPACKS MARKET SIZE, BY REGION, 2018–2025 (TON) 112
11.2 COVID-19 IMPACT ON THE SHRINK PLASTIC FILM MARKET 112
11.2.1 OPTIMISTIC SCENARIO 112
TABLE 42 OPTIMISTIC SCENARIO: SHRINK PLASTIC FILM MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 112
11.2.2 PESSIMISTIC SCENARIO 113
TABLE 43 PESSIMISTIC SCENARIO: SHRINK PLASTIC FILM MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 113
11.3 NORTH AMERICA 113
FIGURE 47 NORTH AMERICA: MARKET SNAPSHOT (BY VALUE) 114
TABLE 44 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 114
TABLE 45 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY,
2018–2025 (KT) 115
TABLE 46 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 115
TABLE 47 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 115
TABLE 48 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 116
TABLE 49 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE,
2018–2025 (KT) 116
TABLE 50 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY MULTIPACK SIZE, 2018–2025 (USD MILLION) 116
TABLE 51 NORTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY CONTAINER TYPE, 2018–2025 (USD MILLION) 117
11.3.1 US 117
11.3.1.1 Increase in the production of beverages to drive the growth of the market 117
TABLE 52 US: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 117
TABLE 53 US: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 118
11.3.2 CANADA 118
11.3.2.1 Increase in export of beverages to drive the demand for shrink plastic films in the country 118
TABLE 54 CANADA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 118
TABLE 55 CANADA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 119
11.3.3 MEXICO 119
11.3.3.1 Shrink plastic film is an economical option for packaging among Mexican manufacturers 119
TABLE 56 MEXICO: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 119
TABLE 57 MEXICO: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 120
11.4 EUROPE 120
FIGURE 48 EUROPE: SHRINK PLASTIC FILM MARKET SNAPSHOT, 2019 (BY VALUE) 121
TABLE 58 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 122
TABLE 59 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY
, 2018–2025 (KT) 122
TABLE 60 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 123
TABLE 61 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 123
TABLE 62 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 123
TABLE 63 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE, 2018–2025 (KT) 124
TABLE 64 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY MULTIPACK SIZE,
2018–2025 (USD MILLION) 124
TABLE 65 EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY CONTAINER TYPE,
2018–2025 (USD MILLION) 124
11.4.1 GERMANY 125
11.4.1.1 Increase in the exports of food & beverage products to drive the demand for shrink plastic films 125
TABLE 66 GERMANY: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 125
TABLE 67 GERMANY: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 125
11.4.2 UK 126
11.4.2.1 Rise in demand for ready-to-drink beverages to drive the demand for shrink plastic films among manufacturers 126
TABLE 68 UK: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 126
TABLE 69 UK: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 126
11.4.3 FRANCE 127
11.4.3.1 Increase in the production of innovative products to drive the demand for beverages, which, in turn, drives the shrink plastic film market growth 127
TABLE 70 FRANCE: SHRINK PLASTIC FILM SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 127
TABLE 71 FRANCE: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 127
11.4.4 ITALY 128
11.4.4.1 High production of food & beverages to drive the demand for efficient packages as well in the country 128
TABLE 72 ITALY: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 128
TABLE 73 ITALY: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 128
11.4.5 SPAIN 129
11.4.5.1 Macroeconomic factors to drive the growth of the market 129
TABLE 74 SPAIN: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 129
TABLE 75 SPAIN: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 129
11.4.6 NETHERLANDS 130
11.4.6.1 Increase in investment in the food & beverages manufacturing infrastructure to drive the growth of the secondary packaging market 130
TABLE 76 NETHERLANDS: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 130
TABLE 77 NETHERLANDS: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 130
11.4.7 SCANDINAVIAN COUNTRIES 131
11.4.7.1 Rise in consumer demand for convenient packaging materials to drive the market growth 131
TABLE 78 SCANDINAVIAN COUNTRIES: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (USD MILLION) 131
TABLE 79 SCANDINAVIAN COUNTRIES: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (KT) 131
11.4.8 REST OF EUROPE 132
TABLE 80 REST OF EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 132
TABLE 81 REST OF EUROPE: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 132
11.5 ASIA PACIFIC 133
FIGURE 49 ASIA PACIFIC: MARKET SNAPSHOT (BY VALUE) 134
TABLE 82 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE FOR BEVERAGE MULTIPACKS, BY COUNTRY, 2018–2025 (USD MILLION) 135
TABLE 83 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE FOR BEVERAGE MULTIPACKS, BY COUNTRY, 2018–2025 (KT) 135
TABLE 84 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 136
TABLE 85 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 136
TABLE 86 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE, 2018–
2025 (USD MILLION) 136
TABLE 87 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE,
2018–2025 (KT) 137
TABLE 88 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE, BY MULTIPACK SIZE, 2018–2025 (USD MILLION) 137
TABLE 89 ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE, BY CONTAINER TYPE, 2018–2025 (USD MILLION) 137
11.5.1 CHINA 138
11.5.1.1 High demand for ready-to-drink beverages and change in the lifestyle of consumers to drive the growth of the market 138
TABLE 90 CHINA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 138
TABLE 91 CHINA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 138
11.5.2 INDIA 139
11.5.2.1 High demand among consumers to drive the market for convenience and secondary packaging solutions 139
TABLE 92 INDIA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 139
TABLE 93 INDIA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 139
11.5.3 JAPAN 140
11.5.3.1 Increase in consumer awareness about hygienic packaging conditions of beverages to drive the growth of the shrink plastic film market 140
TABLE 94 JAPAN: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 140
TABLE 95 JAPAN: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 140
11.5.4 AUSTRALIA & NEW ZEALAND 141
11.5.4.1 Manufacturers are focusing on investing in product differentiation through opting for various packaging solutions 141
TABLE 96 AUSTRALIA & NEW ZEALAND: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (USD MILLION) 141
TABLE 97 AUSTRALIA & NEW ZEALAND: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (KT) 141
11.5.5 REST OF ASIA PACIFIC 142
TABLE 98 REST OF ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (USD MILLION) 142
TABLE 99 REST OF ASIA PACIFIC: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (KT) 142
11.6 SOUTH AMERICA 143
TABLE 100 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 143
TABLE 101 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY,
2018–2025 (KT) 144
TABLE 102 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 144
TABLE 103 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 144
TABLE 104 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 145
TABLE 105 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE,
2018–2025 (KT) 145
TABLE 106 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY MULTIPACK SIZE, 2018–2025 (USD MILLION) 145
TABLE 107 SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE, BY CONTAINER TYPE, 2018–2025 (USD MILLION) 146
11.6.1 BRAZIL 146
11.6.1.1 Increase in the packaging of alcoholic beverages in bottles and cans to drive the market growth of shrink plastic films 146
TABLE 108 BRAZIL: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 146
TABLE 109 BRAZIL: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 147
11.6.2 ARGENTINA 147
11.6.2.1 Rise in the export of beverages to create high growth potential for manufacturers in the shrink plastic film market 147
TABLE 110 ARGENTINA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 147
TABLE 111 ARGENTINA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 148
11.6.3 REST OF SOUTH AMERICA 148
TABLE 112 REST OF SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (USD MILLION) 148
TABLE 113 REST OF SOUTH AMERICA: SHRINK PLASTIC FILM MARKET SIZE,
BY APPLICATION, 2018–2025 (KT) 149
11.7 REST OF THE WORLD 149
TABLE 114 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 149
TABLE 115 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY COUNTRY,
2018–2025 (KT) 150
TABLE 116 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 150
TABLE 117 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 150
TABLE 118 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 151
TABLE 119 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY TYPE, 2018–2025 (KT) 151
TABLE 120 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY MULTIPACK SIZE,
2018–2025 (USD MILLION) 151
TABLE 121 ROW: SHRINK PLASTIC FILM MARKET SIZE, BY CONTAINER TYPE,
2018–2025 (USD MILLION) 152
11.7.1 MIDDLE EAST 152
11.7.1.1 High competition encourages product differentiation through packaging, which drives the growth of the market 152
TABLE 122 MIDDLE EAST: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 152
TABLE 123 MIDDLE EAST: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 153
11.7.2 SOUTH AFRICA 153
11.7.2.1 Packaging of health drinks to drive the growth of the market for shrink plastic films 153
TABLE 124 SOUTH AFRICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 153
TABLE 125 SOUTH AFRICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 154
11.7.3 REST OF AFRICA 154
TABLE 126 REST OF AFRICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 154
TABLE 127 REST OF AFRICA: SHRINK PLASTIC FILM MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 155
12 COMPETITIVE LANDSCAPE 156
12.1 MARKET EVALUATION FRAMEWORK 156
FIGURE 50 MARKET EVALUATION FRAMEWORK, 2019 VS. 2020 156
12.2 MARKET SHARE OF KEY PLAYERS, 2019 157
FIGURE 51 AMCOR PLC LED THE SHRINK FILMS FOR BEVERAGE MULTIPACKS MARKET IN 2019 157
12.3 COVID-19 SPECIFIC COMPANY RESPONSE 157
12.4 KEY MARKET DEVELOPMENTS 158
12.4.1 EXPANSIONS & INVESTMENTS 158
TABLE 128 EXPANSIONS & INVESTMENTS, 2018–2020 158
12.4.2 MERGERS & ACQUISITIONS 158
TABLE 129 MERGERS & ACQUISITIONS, 2019 158
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13 COMPANY EVALUATION MATRIX & COMPANY PROFILES 159
13.1 OVERVIEW 159
13.2 COMPANY EVALUATION MATRIX: DEFINITIONS & METHODOLOGY 159
13.2.1 STARS 159
13.2.2 EMERGING LEADERS 160
13.2.3 PERVASIVE PLAYERS 160
13.2.4 EMERGING COMPANIES 160
13.3 COMPANY EVALUATION MATRIX, 2019 (OVERALL MARKET) 161
FIGURE 52 GLOBAL SHRINK PLASTIC FILM MARKET COMPANY EVALUATION MATRIX, 2019 (OVERALL MARKET) 161
13.4 COMPANY PROFILES 162
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MNM View)*
13.4.1 AMCOR PLC 162
FIGURE 53 AMCOR PLC: COMPANY SNAPSHOT 162
FIGURE 54 SWOT ANALYSIS: AMCOR PLC 163
13.4.2 COVERIS HOLDINGS SA 164
FIGURE 55 SWOT ANALYSIS: COVERIS HOLDING SA 165
13.4.3 CEISA SEMO 166
FIGURE 56 SWOT ANALYSIS: CEISA SEMO 166
13.4.4 CLONDALKIN GROUP 167
FIGURE 57 SWOT ANALYSIS: CLONDALKIN GROUP 167
13.4.5 RKW GROUP 168
FIGURE 58 SWOT ANALYSIS: RKW GROUP 168
13.4.6 BERRY GLOBAL INC. 169
FIGURE 59 BERRY GLOBAL INC: COMPANY SNAPSHOT 169
13.4.7 PLASTOTECNICA SPA 170
13.4.8 CLEARPACK GROUP 171
13.4.9 SARKINA 172
13.4.10 BARODA PACKAGING 173
13.4.11 KYUNG WON CHEMICAL CO. LTD. 174
13.4.12 BENISON & CO. LTD 175
13.5 COMPETITIVE LEADERSHIP MAPPING (START-UP/SME) 176
13.5.1 PROGRESSIVE COMPANIES 176
13.5.2 STARTING BLOCKS 176
13.5.3 RESPONSIVE COMPANIES 176
13.5.4 DYNAMIC COMPANIES 176
FIGURE 60 SHRINK PLASTIC FILMS MARKET COMPETITIVE LEADERSHIP MAPPING FOR START-UPS/SME PLAYERS, 2019 177
13.6 START-UP/SME PROFILES 178
13.6.1 SANDEEP POLYMER 178
13.6.2 HUYAN YUAN PLASTIC FILM 179
13.6.3 AINTREE PLASTICS 180
13.6.4 ALLIED PROPACK PVT LTD 181
13.6.5 ELITE PLASTICS 182
13.6.6 JIANGYIN BAIRUIJIA PLASTICS SCIENCE & TECHNOLOGY CO., LTD 183
13.6.7 BRENTWOOD PLASTICS, INC 184
13.6.8 XINJIANG RIVAL TECH CO., LTD 185
13.6.9 DON-POLYMER 186
13.6.10 POLY-PACK VERPACKUNGS-GMBH & CO. KG 187
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MNM View might not be captured in case of unlisted companies.
14 APPENDIX 188
14.1 KEY INDUSTRY INSIGHTS 188
14.2 DISCUSSION GUIDE 189
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL: 193
14.4 AVAILABLE CUSTOMIZATION 195
14.5 RELATED REPORTS 195
14.6 AUTHOR DETAILS 196
