|
(Health-NewsWire.Net, September 07, 2020 ) According to MarketsandMarkets, the “Shrink Plastic Film Market for Beverage Multipacks by Type (Printed, Unprinted), Application (Alcoholic beverages, Water, carbonated soft drinks), Container Type (Can, Bottle, Brick), Multipack Size (3×2, 4×2, 4×3, 6×3), & Region – Global Forecast to 2025”, The market is estimated to be valued at USD 2.5 billion in 2020 and is projected to reach USD 3.0 billion by 2025, recording a CAGR of 3.5%, in terms of value. There is an increase in the demand of bottled and canned products in the country, which in turn has increased the market for shrink plastic films.
Browse and in-depth TOC on “Shrink Plastic Film Market”
129 – Tables
60 – Figures
196 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=191222271
The unprinted shrink plastic film segment is projected to witness significant growth during the forecast period.
Based on type, the shrink plastic film market for beverage multipacks is dominated by the unprinted shrink plastic film segment. The unprinted shrink plastic films are cost-efficient, have lesser costs compared to the printed shrink plastic film. The demand for these films is rising due to it being used majorly for transportation of beverages, sealability, and most suitable for SMEs.
The water segment is projected to account for a major share in the shrink plastic film market for beverage multipacks during the forecast period.
By application, the shrink plastic film market for beverage multipacks is dominated by the water segment. Water, as well as carbonated soft drinks manufacturing companies, utilize shrink plastic films for packaging due to their functional and advertising advantages. The increase in the demand for processed beverages in the APAC region is increasing the market for shrink plastic film.
Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=191222271
The European region dominated the shrink plastic film market for beverage multipacks with the largest share in 2019, whereas Asia Pacific is expected to witness the highest growth rate.
The shrink plastic film market for beverage multipacks in Europe is estimated to be dominant due to the increasing demand for ready to drink products and on the go beverages that can be consumed anywhere.
There is a significant shift observed in the consumption habits of consumers, which is increasing the demand for carbonated beverages and packaged water. This has increased the demand for bottled & canned products in the regions, which in turn has augmented the market for shrink plastic film.
This report includes astudy on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Amcor Plc (Switzerland), Coveris Holdings Sa (Austria), Ceisa Semo (France), Clondalkin Group (The Netherlands), RKW (Germany), Berry Global Inc (US), Plastotecnica SpA (Italy), Clearpack group (Singapore), Sarkina (US), Baroda Packaging (India).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
MarketsandMarkets™
Mr. Aashish Mehra
1-888-600-6441
newsletter@marketsandmarkets.com
Source: EmailWire.Com 
|
