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Polyolefin (POF) Shrink Film Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 136
  • SKU: IRTNTR73169
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The polyolefin (POF) shrink film market share is expected to increase to USD 1.45 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.55%.

The report extensively covers polyolefin (POF) shrink film market segmentations by teh following:

  • Application - Industrial packaging, food, consumer goods, pharmaceuticals, and beverages
  • Geography - APAC, North America, Europe, South America, and Middle East and Africa

The polyolefin (POF) shrink film market report 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, and UAB PakMarkas among others.

This polyolefin (POF) shrink film market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.

What will the Polyolefin (POF) Shrink Film Market Size be During the Forecast Period?

Polyolefin (POF) Shrink Film Market Size

Download the Free Report Sample to Unlock the Polyolefin (POF) Shrink Film Market Size for the Forecast Period and Other Important Statistics

 

Polyolefin (POF) Shrink Film Market: Key Drivers, Trends, and Challenges

The POF products are recyclable is notably driving the polyolefin (POF) shrink film market growth, although factors such as fluctuation in raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the polyolefin (POF) shrink film industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Polyolefin (POF) Shrink Film Market Driver

The POF products are recyclable is one of the key drivers supporting the polyolefin (POF) shrink film market growth. Recycling low-cost bulk polymers, such as POF, is assumed to be a waste of time and resources when they are used only for recovering energy. Several lifecycle assessments have proven that it is also valuable to materialize these recycled bulk polymers. Moreover, POF is easily recyclable, and no harmful vapors are released during the process of heat sealing. This makes it the preferable choice over other plastics and shrinks films that can be harmful to the environment. Once the recycling process has taken place, it is termed recycled POF film. It is environment-friendly and is entirely made up of recycled granulates. This process takes place quite safely without jeopardizing the properties of POF films. Such factors will drive the polyolefin (POF) shrink film market growth during the forecast period.

Key Polyolefin (POF) Shrink Film Market Trend

The increasing use of bio-based POF is one of the key polyolefin shrink film market trends that is contributing to the market growth. The implementation of bio-based, renewable, and sustainable materials for industrial application is being pursued continuously by multiple research entities and manufacturing companies. For example, the effective separation of carbon dioxide from sugarcane plantations, which is then converted to green POF, reduces greenhouse gas emissions. Manufacturers, consumers, and government officials are combining efforts to promote the development and acceptance of such products. The bio-based POF shrink film market is expected to witness growth in APAC during the forecast period due to the increasing popularity of bio-based products. 

Key Polyolefin (POF) Shrink Film Market Challenge

Fluctuation in raw material prices is one of the factors hindering the polyolefin (POF) shrink film market growth. The POF shrink film market is subject to fluctuations in raw material and energy prices. In the past few years, crude oil and natural gas were comparatively stable in terms of supply and demand. In mid-2014, the Organization of Petroleum Exporting Countries (OPEC) announced that crude oil production volume would not reduce to compensate for the crude oil supply/demand across the world, which eventually led to the rapid decline of crude oil prices. However, raw material price fluctuation, especially for crude oil-based feedstock, will hinder the global polyolefin shrink film market growth during the forecast period.

This polyolefin (POF) shrink film market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Polyolefin (POF) Shrink Film Market Vendors?

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

 

This statistical study of the polyolefin shrink film market encompasses successful business strategies deployed by the key vendors. The polyolefin shrink film market is fragmented and the vendors are deploying growth strategies such as product customization, product differentiation, and price differentiation to compete in the market.

Product Insights and News

  • Bagla Group - The unified segment focuses on manufacturing and exporting acrylic packaging tapes, tear tapes, and polyolefin shrink films. 
  • Bagla Group - The company offers polyolefin shrink films with cross-linking technology. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The polyolefin shrink film market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Polyolefin (POF) Shrink Film Market?

Polyolefin (POF) Shrink Film Market Market segmentation by region

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39% of the market's growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for the POF market in APAC. Market growth in this region will be slower than the growth of the market in Europe.

The steady rise in production of domestic use products will facilitate the POF market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 had adversely impacted the POF shrink film market. However, in Q3 2021, owing to the initiation of mass COVID-19 vaccination drives, most of the restrictions on industrial operations were removed, which led to the resumption of commercial and industrial activities and increased the demand for polyolefin (POF) shrink films. Hence, the demand for POF is expected to grow during the forecast period.

What are the Revenue-generating Application Segments in the Polyolefin (POF) Shrink Film Market?

Polyolefin (POF) Shrink Film Market Segmentation

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The polyolefin (POF) shrink film market share growth by the industrial packaging segment will be significant during the forecast period. Another segment offering significant growth opportunities to the vendors is food. POF shrink film is one of the most popular films used for wrapping meat products. It is often chosen because of the ability to print on the film. There are numerous frozen food products that come in POF shrink film packaging. Many frozen food producers prefer to use shrink films because of the strong and durable seal it offers, in addition to the moisture barrier. Moreover, many companies selling frozen pizza choose to shrink film wraps because of their ability to offer a wrinkle-free fit as well as excellent clarity in the display of the products. Such factors will drive the segment growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the POF market size and actionable market insights on post COVID-19 impact on each segment.

Parent Market Analysis

Technavio categorizes the global polyolefin shrink film market as a part of the global commodity chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the polyolefin (POF) shrink film market during the forecast period.

Polyolefin (POF) Shrink Film Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the polyolefin shrink film market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

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

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What are the Key Data Covered in this Polyolefin (POF) Shrink Film Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive polyolefin (POF) shrink film market growth during the next five years
  • Precise estimation of the polyolefin (POF) shrink film market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the polyolefin (POF) shrink film industry across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of polyolefin (POF) shrink film market vendors

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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
  • 3.3 Market size 2021
    • 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

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 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

            • 11.1 Scope of the report
              • 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

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Polyolefin (POF) Shrink Film market growth will increase by $1457.89 million during 2022-2026.
              The polyolefin (pof) shrink film market is expected to grow at a CAGR of 5.55% during 2022-2026.
              Technavio has segmented the polyolefin (pof) shrink film market by application (Industrial packaging, Food, Consumer goods, Pharmaceuticals, and Middle East and Africa) and geographic (APAC, North America, Europe, South America, and Middle East and Africa).
              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 are a few of the key vendors in the polyolefin (pof) shrink film market.
              APAC will register the highest growth rate of 38.99% among the other regions. Therefore, the polyolefin (pof) shrink film market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the polyolefin (pof) shrink film market growth are:
              • POF products are recyclable
              • Increasing use of bio-based POF
              The polyolefin (pof) shrink film market vendors should focus on grabbing business opportunities from the industrial packaging segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
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              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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