Upcoming Allied Market Research
Shrink Bags Product Type

Shrink Bags Product Type (Round Bottom, Straight Bottom, Side Sealed) Material Type (Polyethylene (PE), Polypropylene (PP), Polyamide (PA), Bi-axially Oriented Polyethylene Terephthalate (BOPET), EVOH, Inorganic Oxide Coatings, PVDC, Others) Barrier Type (Low Barrier (1000 to 100 cc-mil/m2-atm), Medium Barrier (100 to 50 cc-mil/m2-atm), High Barrier (50 to 0.1 cc-mil/m2-atm), Ultra-High Barrier (0.1 cc-mil/m2-atm)) Thickness (Up to 50 microns, 50 to 70 microns, 70 to 90 microns, 90 to 110 microns, Above 110 microns) Application (Food, Electronics, Cosmetics & Personal Care, Homecare, Healthcare, Industrial, Others) : Global Opportunity Analysis and Industry Forecast, 2023-2030 Market

Report Code: A10630
Pages: NA
Jul 2023 | 2715 Views
Author(s) : Roshan D
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.



Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Shrink Bags Product Type

Request Now !

Shrink bags are also often known to be shrink wraps. They are thin plastic material, high-clarity 100-gauge PVC that gets shrunken and tighten on applying heat. These bags are useful to seal important papers, bags, gifts, food items, electronic goods, and other items that might require protection for packing, storing, or shipping. Shrink bags or shrink wraps offer protection against bugs, dirt, debris, mold, and other damages. They are similar to vacuum pouches that are useful in storing poultry products. Due to their excellent shrink properties like high mechanical resistance, safety seals, and good clarity, shrink bags, have huge market demand. Shrink bags also provide excellent oxygen and moisture barrier protection to food products.

Shrink bags are considered to be one of the most powerful forms of packaging, owing to their time efficiency in manufacturing, affordability, multiple layer protection, and ample end-use applications. These bags have been accepted across several different industries, which include pharmaceuticals, food & beverages, electronics, and cosmetics.

Region wise, North America accounts for the major market share of shrink bags, which is attributed to rise in consumption of poultry and dairy and dairy products such as meat, fish, and cheese. Furthermore, as the retail sector is growing at a fast pace in developing countries such  India and China, the Asia-Pacific region is expected to register the most accelerated growth rate in the coming years.

Shrink packaging technology is expected to drive the growth of the global shrink bags extensively over the forecast period.

COVID-19 Scenario Analysis:

  • The COVID-19 outbreak has certainly affected the global shrink bags market, just like many other industries. 
  • The food & beverage industry registered for the highest demand for this product from hotels, restaurants, and other food retails, but due to the lockdown situation, there is hardly any demand from these sectors.
  • However, the rise in online retail in the currently ongoing Coronavirus pandemic has increased the demand for the shrinkwraps in the logistics and shipping industry.
  • Although it is expected that the market for the shrink bags will rise considerably, due to the health protection it provides to the food items.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The main factor that drives the global shrink bags market increase in extensive growth of the retail sector, majorly hypermarket, supermarket, and online retail sales. In addition to this, the increasing number of health concerns, fast-changing lifestyles, and rising disposable income among the middle-income group, are a few other major factors that drive the global shrink bag market. Furthermore, increase in consumption of poultry products, high flexibility of shrink bags, and demand for contamination-free food propel the demand for shrink bags.

However, biggest restrain in the shrink bags market is the non-reusable nature of these bags, which also causes environmental threat, and thus, hampers the growth of this market. Also, the presence of alternative packaging solutions is hindering the growth of the shrink bags market globally.

Although, rapidly increasing production and consumption of bone meat in the Middle East and European countries, results in high usage of shrink bags and is thereby, creates many lucrative opportunities for the players operating in the global shrink bags market. Along with this heavy-duty adhesive packaging material requirement by the shipping and logistics industry will also bolster the global shrink bags market.

Key Benefits of the Report:

  • This study presents the analytical depiction of the global shrink bags industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global shrink bags market share.
  • The current market is quantitatively analyzed to highlight the global shrink bags market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global shrink bags market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Shrink Bags Market Research Report:

  • What are the leading market players active in the shrink bags market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
  • What would be the detailed impact of COVID-19 on the market?

Shrink Bags Product Type Report Highlights

Aspects Details
By Product Type
  • Round Bottom
  • Straight Bottom
  • Side Sealed
By Material
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Bi-axially Oriented Polyethylene Terephthalate (BOPET)
  • EVOH
  • Inorganic Oxide Coatings
  • Others
By Barrier Type
  • Low Barrier (1000 to 100 cc-mil/m2-atm)
  • Medium Barrier (100 to 50 cc-mil/m2-atm)
  • High Barrier (50 to 0.1 cc-mil/m2-atm)
  • Ultra-High Barrier (0.1 cc-mil/m2-atm)
By Application
  • Food
  • Electronics
  • Cosmetics & Personal Care
  • Homecare
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Rest of LAMEA)
Key Market Players Vector Packaging Inc., Winpak Ltd., Duropac, Kureha Corporation, Flavorseal Llc., Sealed Air Corp., Vac Pac Inc., Coveris Holdings S.A, Atlantis-Pak Co. Ltd., and Millepack srl, Schur Flexibles Group, Allfo Vakuumverpackungen Hans Bresele KG, Flexopack SA, Supralon International AG, Bemis Company Inc.

Loading Table Of Content...

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.


Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Shrink Bags Product Type

Start reading.
This Report and over 53,724+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise

  • $9,870
  • Unlimited
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD


Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers