Packaging / Barrier Shrink Bags Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Sealed Air Corporation, Viscofan
Barrier Shrink Bags Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Sealed Air Corporation, Viscofan
The Barrier Shrink Bags Market is estimated at US$ 3.1 Bn in 2022 and is projected to reach US$ 4.8 Bn by 2027, at a CAGR of 6.7% from 2022 to 2027
Barrier Shrink Bags Market Overview
Shrink wrap, also shrink film, is a material made up of polymer plastic film. When heat is applied, it shrinks tightly over whatever it is covering. Heat can be applied with a handheld heat gun (electric or gas), or the product and film can pass through a heat tunnel on a conveyor.
Shrink bag is one of the most popular forms of packaging for numerous reasons. Compared to other forms of packaged product, shrink bag is much more reasonable and often more times effectual for manufacturing. Shrink bags has been adopted across the industries including food, beverages and pharmaceuticals by offering brilliant shrink properties like safe seals, high mechanical resistance and good clarity to many perishable fresh or frozen food products, such as sub-primal meat, smoked and processed meats, poultry, fish, cheese. Demand for shrink bags is expected to be driven by increasing acceptance of shrink-packaging technology across developing characteristics of the globe.
Viscofan presents today its new purpose: "Reshaping food and wellbeing. For many, for long", which will guide its Strategic Plan for the period 2022-2025, after the success of its previous MORE TO BE plan, which included the period 2016-2021. With this new plan, the company intends to take advantage of its technology and global presence to contribute to access to basic food worldwide, a fundamental pillar of nutrition and well-being of people. All this with a long-term vision, generating a permanent impact over time.
Who are the Major Players in Barrier Shrink Bags Market?
The Barrier Shrink Bags Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes: Amcor, Sealed Air Corporation, Viscofan, TC Transcontinental, Kureha Corporation, Flexopack, Schur Flexibles Group, Allfo, Winpak, PREMIUMPACK, Flavorseal, BUERGOFOL, Vac Pac and Others.
What are the major Applications, Types and Regions for Barrier Shrink Bags Market?
By Type, it is segmented into
Round Bottom Sealed
Straight Bottom Sealed
Side Sealed
Others
By Applications, it is segmented into
Meat and Poultry
Seafood
Dairy
Others
Barrier Shrink Bags Market Regional Analysis
Create market growth opportunities for the meat packaging industry, such as barrier shrink bags- The United States controls the majority of the North American barrier shrink bag industry, accounting for 92 percent of market value in 2027. Meat consumption is increasing in the United States as a result of rising disposable income, urbanisation, and an emphasis on healthy eating, creating market growth potential for meat packaging such as barrier shrink bags. The United States is ranked second in terms of meat consumption by the Organisation for Economic Co-operation and Development (OECD).
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Barrier Shrink Bags Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Barrier Shrink Bags Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Barrier Shrink Bags Market Report Scope?
Yes, the report can be customized as per your needs
Key Takeaways from this Barrier Shrink Bags Report
Evaluate Barrier Shrink Bags market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Barrier Shrink Bags market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
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Who are the key players in Barrier Shrink Bags Market?
What regions does this Barrier Shrink Bags Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Barrier Shrink Bags Market?
Round Bottom Sealed, Straight Bottom Sealed, Side Sealed, Others
What are the major end-use applications of the Barrier Shrink Bags Market?
Meat and Poultry, Seafood, Dairy, Others
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
