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Vendor Insights
Polyolefin (POF) Shrink Film Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Allen Plastic Industries Co. Ltd.
- Bagla Group
- Berry Global Inc.
- Bollore SE
- Clysar LLC
- Exxon Mobil Corp.
- Flexi Pack Ltd.
- Four Star Plastics
- Harwal Group
- Hubei HYF Packaging Co. Ltd.
- Intertape Polymer Group Inc.
- LyondellBasell Industries NV
- POF Shrink Films and Bolts Nuts Washers
- SABIC
- Sealed Air Corp.
- Sigma Plastics Group
- Sonoco Products Co.
- SupplyOne Inc.
- Syfan Saad
- UAB PakMarkas
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Geographical Market Analysis
APAC will account for 39 percent of market growth. The polyolefin (POF) shrink film market in APAC is dominated by China, India, and Japan. The market in this region will grow at a slower rate than the market in Europe.
Over the projected period, the polyolefin (POF) shrink film market in APAC would benefit from a steady increase in domestic use product production.
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Key Segment Analysis
The industrial packaging segment's market share of polyolefin (POF) shrink film would expand significantly. The food industry is another area where suppliers can see tremendous growth. One of the most commonly used films for wrapping meat items is POF shrink film. It is frequently used due to its ability to print on film. POF shrink film packaging is used for a variety of frozen food products. Shrink films are preferred by many frozen food producers due to the strong and long-lasting seal they provide, as well as the moisture barrier they provide. During the projection period, such variables will boost segment expansion.
View FREE Sample: to know additional highlights and key points on various market segments and their impact in coming years.
Key Market Drivers & Challenges:
One of the major factors driving the growth of the polyolefin (POF) shrink film market is the fact that POF products are recyclable. Another film industry trends that is driving to market expansion is the increasing use of bio-based POF. Raw material price fluctuations, on the other hand, are one of the reasons limiting the growth of the polyolefin (POF) shrink film market.
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Polyolefin (POF) Shrink Film Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.55% |
Market growth 2022-2026 |
$ 1.45 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.98 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 39% |
Key consumer countries |
US, China, India, Japan, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Allen Plastic Industries Co. Ltd., Bagla Group, Berry Global Inc., Bollore SE, Clysar LLC, Exxon Mobil Corp., Flexi Pack Ltd., Four Star Plastics, Harwal Group, Hubei HYF Packaging Co. Ltd., Intertape Polymer Group Inc., LyondellBasell Industries NV, POF Shrink Films and Bolts Nuts Washers, SABIC, Sealed Air Corp., Sigma Plastics Group, Sonoco Products Co., SupplyOne Inc., Syfan Saad, and UAB PakMarkas |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Industrial packaging - Market size and forecast 2021-2026
- Exhibit 28: Chart on Industrial packaging - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Industrial packaging - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Industrial packaging - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Industrial packaging - Year-over-year growth 2021-2026 (%)
- 5.4 Food - Market size and forecast 2021-2026
- Exhibit 32: Chart on Food - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Food - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Food - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Food - Year-over-year growth 2021-2026 (%)
- 5.5 Consumer goods - Market size and forecast 2021-2026
- Exhibit 36: Chart on Consumer goods - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Consumer goods - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Consumer goods - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Consumer goods - Year-over-year growth 2021-2026 (%)
- 5.6 Pharmaceuticals - Market size and forecast 2021-2026
- Exhibit 40: Chart on Pharmaceuticals - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on Pharmaceuticals - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Pharmaceuticals - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Pharmaceuticals - Year-over-year growth 2021-2026 (%)
- 5.7 Beverages - Market size and forecast 2021-2026
- Exhibit 44: Chart on Beverages - Market size and forecast 2021-2026 ($ million)
- Exhibit 45: Data Table on Beverages - Market size and forecast 2021-2026 ($ million)
- Exhibit 46: Chart on Beverages - Year-over-year growth 2021-2026 (%)
- Exhibit 47: Data Table on Beverages - Year-over-year growth 2021-2026 (%)
- 5.8 Market opportunity by Application
- Exhibit 48: Market opportunity by Application ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 50: Chart on Market share by geography 2021-2026 (%)
- Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 52: Chart on Geographic comparison
- Exhibit 53: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 India - Market size and forecast 2021-2026
- Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.11 Germany - Market size and forecast 2021-2026
- Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.12 Japan - Market size and forecast 2021-2026
- Exhibit 90: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 91: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 92: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 93: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 94: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 95: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 97: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 98: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 99: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 100: Matrix on vendor position and classification
- 10.3 Bagla Group
- Exhibit 101: Bagla Group - Overview
- Exhibit 102: Bagla Group - Product / Service
- Exhibit 103: Bagla Group - Key offerings
- 10.4 Four Star Plastics
- Exhibit 104: Four Star Plastics - Overview
- Exhibit 105: Four Star Plastics - Product / Service
- Exhibit 106: Four Star Plastics - Key offerings
- 10.5 Intertape Polymer Group Inc.
- Exhibit 107: Intertape Polymer Group Inc. - Overview
- Exhibit 108: Intertape Polymer Group Inc. - Product / Service
- Exhibit 109: Intertape Polymer Group Inc. - Key offerings
- 10.6 LyondellBasell Industries NV
- Exhibit 110: LyondellBasell Industries NV - Overview
- Exhibit 111: LyondellBasell Industries NV - Business segments
- Exhibit 112: LyondellBasell Industries NV - Key news
- Exhibit 113: LyondellBasell Industries NV - Key offerings
- Exhibit 114: LyondellBasell Industries NV - Segment focus
- 10.7 POF Shrink Films and Bolts Nuts Washers
- Exhibit 115: POF Shrink Films and Bolts Nuts Washers - Overview
- Exhibit 116: POF Shrink Films and Bolts Nuts Washers - Product / Service
- Exhibit 117: POF Shrink Films and Bolts Nuts Washers - Key offerings
- 10.8 SABIC
- Exhibit 118: SABIC - Overview
- Exhibit 119: SABIC - Business segments
- Exhibit 120: SABIC - Key offerings
- Exhibit 121: SABIC - Segment focus
- 10.9 Sealed Air Corp.
- Exhibit 122: Sealed Air Corp. - Overview
- Exhibit 123: Sealed Air Corp. - Business segments
- Exhibit 124: Sealed Air Corp. - Key news
- Exhibit 125: Sealed Air Corp. - Key offerings
- Exhibit 126: Sealed Air Corp. - Segment focus
- 10.10 SupplyOne Inc.
- Exhibit 127: SupplyOne Inc. - Overview
- Exhibit 128: SupplyOne Inc. - Product / Service
- Exhibit 129: SupplyOne Inc. - Key offerings
- 10.11 Syfan Saad
- Exhibit 130: Syfan Saad - Overview
- Exhibit 131: Syfan Saad - Product / Service
- Exhibit 132: Syfan Saad - Key offerings
- 10.12 UAB PakMarkas
- Exhibit 133: UAB PakMarkas - Overview
- Exhibit 134: UAB PakMarkas - Product / Service
- Exhibit 135: UAB PakMarkas - Key offerings
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 136: Inclusions checklist
- Exhibit 137: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 138: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 139: Research methodology
- Exhibit 140: Validation techniques employed for market sizing
- Exhibit 141: Information sources
- 11.5 List of abbreviations
- Exhibit 142: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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