Polyolefin Shrink Film Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Polyolefin Shrink Film Market is segmented By Type (General Polyolefin Shrink Film, Cross-Linked Polyolefin Shrink Film), By Application (Food and Bev....

Polyolefin Shrink Film Market Size

Market Size in USD

CAGR3.5%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR3.5%
Market ConcentrationHigh
Major PlayersExxon Mobil Corporation, Amcor Plc, Berry Global Inc, Allen Plastic Industries Co., Ltd., FlexiPack
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Polyolefin Shrink Film Market Analysis

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.