Global Shrink Film for Beverage Multipacks Market Growth: Industry Size, Analysis and Forecast
Report ID : 1362986 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Shrink Film For Beverage Multipacks Market is categorized based on Material Type (PVC, PE, PP, PET, Others) and Application (Beer, Soft Drinks, Juices, Water, Others) and End-User Industry (Beverage Industry, Food Industry, Pharmaceutical Industry, Cosmetics Industry, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
The market size of Shrink Film For Beverage Multipacks Market, valued at USD 1.2 billion in 2023, is projected to reach USD 2.5 billion by 2033, expanding at a CAGR of 7.5% between 2024 and 2033. The report comprises various segments and analyzes significant trends and factors influencing market growth.
The market for shrink film beverage multipacking has grown immensely over the past years as a result of the increased convenience which is portable packaging offers as well as the need for sustainable solutions in the beverage industry. With the ease of use which most consumers pay attention to, it has led to the manufacturers integrating shrink films as a way of packaging multiple units of beverages together. This novel way of packaging not only improves product appearance during sales and its marketing but also contributes to reduction of packaging materials used and in turn contribute to greater infrastructure as well as ecological efforts.
Innovation has been a perpetual issue in the competitive environment of a beverage industry wherein every brand is looking towards innovations in order to change the image of their brand recognition. Shrink films stands out among other options because of their great customizability, offering ease of use when wrapping products tightly which increases their market presentation. This market also covers a broad scope ranging from soft drinks to alcoholic beverages and all of which have tailored solutions based on legal guidelines and standards set by the customers. This market needs studying focusing on the developing restraining and accelerated trends in shrink films used for beverage multipacking.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Sealed Air Corporation, Berry Global Inc., Dow Inc., Amcor plc, Mondi Group, Coveris Holdings S.A., Intertape Polymer Group, Clondalkin Group Holdings B.V., Glenroy Inc., Novolex Holdings LLC, Anchor Packaging Inc. |
| SEGMENTS COVERED |
By Material Type - PVC, PE, PP, PET, Others
By Application - Beer, Soft Drinks, Juices, Water, Others
By End-User Industry - Beverage Industry, Food Industry, Pharmaceutical Industry, Cosmetics Industry, Others
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Shrink Film For Beverage Multipacks Market Dynamics
The Shrink Film For Beverage Multipacks Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Shrink Film For Beverage Multipacks Market Segmentations
Market Breakup by Material Type
- Overview
- PVC
- PE
- PP
- PET
- Others
Market Breakup by Application
- Overview
- Beer
- Soft Drinks
- Juices
- Water
- Others
Market Breakup by End-User Industry
- Overview
- Beverage Industry
- Food Industry
- Pharmaceutical Industry
- Cosmetics Industry
- Others
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Shrink Film For Beverage Multipacks Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Sealed Air Corporation
- Berry Global Inc.
- Dow Inc.
- Amcor plc
- Mondi Group
- Coveris Holdings S.A.
- Intertape Polymer Group
- Clondalkin Group Holdings B.V.
- Glenroy Inc.
- Novolex Holdings LLC
- Anchor Packaging Inc.
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