Europe Shrink Plastic Film Market was worth USD 600 million in 2021 and is estimated to be growing at a CAGR of 3.6%, to reach USD 700 million by 2027.
The market is predicted to grow at a significant potential during the specified period. It will keep growing with the recent developments in the plastic manufacturing industry.Shrink film, also known as shrink wrap, is a polymer plastic film, which shrinks tightly covering whatever is required to be covered. Heat application can be done by heat gun (electric or gas), or the through a heat tunnel or conveyer when the product is passed through it.
The Europe shrink plastic film market is propelled by factors like developing technology, increasing population, sustainable packaging solutions by reducing the weight of the packaging, less weight and lower packaging cost, longer shelf life, easy transportation and less consumption of adhesives. The only constraint for this market is that the substances which are packed by shrink plastic are not affordable by everyone thus lowering the output of the market.
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Market Analysis – By Application:
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Market Analysis – By Application Pack Size:
U.K
Germany
France
Netherlands
Spain
Italy
AEP Industries Inc
Amcor Limited
Bemis Company, INC
Berry Plastics Corporation
Ceisa Packaging SAS
Coveris Holdings S.A
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