Global Barrier Shrink Films Market Overview:
Barrier shrink film is a packaging material widely used for packaging fresh meat. These shrinks bags become highly convenient since standard size bags adapt themselves to the individual sizes. This is highly adopted by the food packaging industry. The major reason is that it is recyclable and recoverable. Some of the key players profiled in the study are Amcor (Australia), Sealed Air (United States), Bemis (United States), Toppan Printing (Russia), Cosmo Films (India), Jindal Poly Films (India), Berry Global (United States), Coveris Holdings Sa (Austria), Ceisa Semo (France) and Clondalkin Group (The Netherlands).
On the basis of geography, the market of Barrier Shrink Films has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Materials, the sub-segment i.e. Polyethylene Terephthalate (PET) will boost the Barrier Shrink Films market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Vacuum Bags will boost the Barrier Shrink Films market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Barrier, the sub-segment i.e. High will boost the Barrier Shrink Films market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rapid Increase in Demand and Requirement of Polylactic Acid Films, along with the Growing Requirement for Shrink Films, and Growing Engagement of Sustainable Packaging
- High Adoption Films Made of Polyolefin & Polyethylene (PE) Plastics, that Provide UV Protection, as well as Affordability, These Aspects, Are Boosting the Growth of the Market
- Continuous Change in Consumer Demand
- Rising Popularity and Need of Transparent Items that Helps in Protect from the Smell, Gases, Moisture, as well as Dust Along with Transparency Thus Propelling the Market Expansion
- High Cost Associated with Raw Materials
Major Market Developments:
Recently, Switzerland based company known as Liveo Research Group as a leading manufacturer of barrier films announced 20.000 tons of capacity expansion in its existing coating capabilities in Botzingen Germany. Through this initiative, the company is becoming more competitive in the market and capture a high market share in Germany.
The companies are exploring the market in new geographical regions by and adopting various market growth business strategies including mergers & acquisitions, expansions, investments, and others. The market-leading players are capturing new market opportunities through expansions and acquisitions across the globe to avail market competitiveness and gain market share.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Barrier Shrink Films Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Barrier Shrink Films market on the basis of product  , application [Food & Beverage Packaging, Pharmaceutical Packaging, Agriculture and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Barrier Shrink Films market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Barrier Shrink Films industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are RKW Group (Germany), Berry Global Inc (United States) and Plastotecnica SpA (Italy).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Barrier Shrink Films market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.