Polyolefin Shrink Film Market is segmented By Type (General Polyolefin Shrink Film, Cross-Linked Polyolefin Shrink Film), By Application (Food and Bev....
Market Size in USD
CAGR3.5%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 3.5% |
Market Concentration | High |
Major Players | Exxon Mobil Corporation, Amcor Plc, Berry Global Inc, Allen Plastic Industries Co., Ltd., FlexiPack |
The polyolefin shrink film market is estimated to be valued at USD 8.89 Bn in 2024 and is expected to reach USD 11.32 Bn by 2031, growing at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031. The polyolefin shrink film market is driven by the growing food and beverage industry globally and increasing demand for shrink films in packaging applications.