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Polyolefin (POF) Shrink Film Market Report


Company Analysis, History and Future Overview, Global Sales Trends by 2025


Published Date: 2020-01-15   |   Pages: Ongoing   |   Tables: Ongoing   |  Report ID: 8278 |  Industry: Chemical & Material  |   Format : pdf word ppt excel



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Shrink film packaging is gaining traction across end-use industries as the need for efficient packaging with improved barrier properties is on the rise. Polyolefin (POF) has emerged the preferred material for the manufacturing of Shrink Wrap over PVC. Polyolefin (POF) shrink wrap remains odorless when it is heated and cooled. Besides, exceptional protecting properties, Polyolefin (POF) Shrink Film is tough, lightweight, economical, high-resolution, glossy, transparent, and protects the products from moisture, gases, and dust.

Widespread Application across End-use Industries to Act as a Key Booster

Increasing application of Polyolefin (POF) Shrink Film for packaging various food & beverages, consumer goods, pharmaceuticals, and industrial products is one of the significant factors fuelling the demand for Polyolefin (POF) Shrink Film. Rapid expansion of the food and beverage industry and growing need for secondary packaging are positively impacting the Polyolefin (POF) Shrink Film market growth. Recyclable nature of POF products is further supporting the usage of Polyolefin (POF) Shrink Films among the end-use industries. Increasing usage of bio-based POF is one of the key trends emerging in the market.

Innovations to help Manufacturers Sustain Market Hold

The report has studied the key manufacturers functioning in the global Polyolefin (POF) Shrink Film market including KYUNG WON CHEMICAL CO., LTD., Intertape Polymer Group, Sigma Plastics Group, Interplast (Harwal Group), Exxon Mobil Corporation, SYFAN USA, SABIC, Hubei HYF Packaging Co., Ltd., LyondellBasell Industries Holdings, Allen Plastic Industries Co., Ltd., AEP Industries, Inc., Bolloré Films, Clysar, LLC, Bonset America Corporation, and Flexi Pack.

Manufacturers of Polyolefin (POF) Shrink Film are trying to enhance the characteristics of the product with the help of innovative processing methods. Furthermore, they are laying emphasis on offering products of premium quality, while reducing the manufacturing cost, to increase sales and eventually gain a competitive edge over others.

Market Segmentation

By Material Type

Polyethylene (PE)

Polypropylene (PP)

By Product Type

General Shrink Film

Cross-Linked Shrink Film

By Application

Food & Beverage

Industrial Packaging

Personal Care & Cosmetics

Pharmaceutical

Printing & Stationery

Others

Polyethylene (PE) Shrink Films are gaining popularity as they are durable, recyclable, and offer more stretchability. Demand for cross-linked shrink film will foresee growth in the years to come on the back of its high-tensile strength, excellent clarity, and suitability for high-speed packaging applications. Although, usage of Polyolefin (POF) Shrink Film is prevalent in the food & beverage industry, it is likely to gain traction in the industrial packaging owing to huge demand across automotive and construction sectors for packaging and product handling.

By Region

world_regions

APAC is anticipated to offer ample growth opportunities for the manufacturers of Polyolefin (POF) Shrink Film. This is attributed to increasing application of these shrink films for consumer goods and food product packaging in economies like China and India. Growing demand from the construction industry is also supporting the growth of the Polyolefin (POF) Shrink Film market in Asia Pacific.

 

The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.

Analysts have used investigative approach to deduce important elements pertinent to the industry. The reports are aimed towards giving the reader a holistic approach about the industry’s development and future scenario. Competitive landscapes have been written with in-depth analysis of the historical data and careful understanding of the management styles. QYR Consulting aims to provide the readers a guided approach towards making well-informed business decisions through its research reports.

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.



Polyolefin (POF) Shrink Film Market Report