Global Barrier Shrink Bag Market Segmentation, By Product Type (Round Bottom Sealed, Straight Bottom Sealed, Side Sealed), Material Type (Polyethylene, Polypropylene, Polyamide, EVOH, PVDC, Others), Barrier Type (High Barrier, Ultra-High Barrier), Abuse Strength (High Abuse, Low Abuse), Thickness (Up to 50 Microns, 50 to 70 Microns, 70 to 90 Microns, 90 to 110 Microns, Above 110 Microns), Application (Seafood, Poultry, Cheese & Dairy Products, Other Foods) - Industry Trends and Forecast to 2031.
Global Barrier Shrink Bag Market Size
Global barrier shrink bag market size was valued at USD 1.19 billion in 2023 and is projected to reach USD 1.89 billion by 2031, with a CAGR of 6.0% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes
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Barrier Shrink Bag Key Market Insights
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Segmentation
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Key Market Players
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Bemis Company Inc., Winpak Ltd, KUREHA CORPORATION, Coveris., Schur Flexibles Holding GesmbH, Sealed Air, Flavorseal., Flexopack S.A., Globus Group Southern, BUERGOFOL GmbH, Allfo Vakuumverpackungen Hans Bresele Kg,
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Global Barrier Shrink Bag Market Dynamics
Barrier shrink bag market report analyses the growth, which is currently being growing due to the rising preferences towards convenience packaging product during the forecast period of 2024-2031. The growing usages of barrier shrink bags for contamination free food packaging, increasing demand of heavy duty adhesive packaging, rapid industrialization across the globe, and prevalence of high strength, high tear resistance, and durable are some of factors that will likely to enhance the growth of the barrier shrink bag market. On the other hand, rising applications in building and construction, food and beverages, electrical and others along with effective marketing which will further boost various opportunities that will lead to the growth of the barrier shrink bag market in the above mentioned forecast period.
Easy availability of packaging solutions along with rising shift towards rigid packaging which will hamper the growth of the barrier shrink bag market in the above mentioned forecast period.
This market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Barrier Shrink Bag Market Scope
Barrier shrink bag market is segmented on the basis of product type, material type, barrier type, abuse strength, thickness and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
Product Type
- Round Bottom Sealed
- Straight Bottom Sealed
- Side Sealed
Material type
- Polyethylene
- Polypropylene
- Polyamide
- EVOH
- PVDC
- Others
Barrier type
- High barrier
- Ultra-high barrier
Abuse Strength
- High Abuse
- Low Abuse
Thickness
- Up to 50 Microns
- 50 to 70 Microns
- 70 to 90 Microns
- 90 to 110 Microns
- Above 110 Microns
Application
- Seafood
- Poultry
- Cheese & Dairy Products
- Other foods
Barrier Shrink Bag Market Regional Analysis
Barrier shrink bag market is analyzed and market size, volume information is provided by country product type, material type, barrier type, abuse strength, thickness and application as referenced above.
The countries covered in the barrier shrink bag market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the barrier shrink bag market due to the growing demand of cost effective packaging along with prevalence of various manufacturers. Asia-Pacific region is expected to hold the largest growth rate due to the rising applications from food industries and aroma barrier food packaging.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Barrier Shrink Bag Market Share
Barrier shrink bag market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to barrier shrink bag market.
Barrier Shrink Bag Market Leaders Operating in the Market Are:
- Bemis Company Inc.
- Winpak Ltd
- KUREHA CORPORATION
- Coveris.
- Schur Flexibles Holding GesmbH
- Sealed Air
- Flavorseal.
- Flexopack S.A.
- Globus Group Southern
- BUERGOFOL GmbH
- Allfo Vakuumverpackungen Hans Bresele Kg
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