Label Heat Shrinkable Film Market Report 2023 (Global Edition)

Global Label Heat Shrinkable Film Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Label Heat Shrinkable Film Industry growth. Label Heat Shrinkable Film market has been segmented with the help of its Type, Application , and others. Label Heat Shrinkable Film market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

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PVC Film

PVC film is used as shrink and stretch wrap for industrial and consumer goods and as pallet wrap. PVC film includes additional ingredients that enhance its heat resistance, toughness, and ductility. The top layer of this surface film is lacquer, the main component in the middle is polyvinyl chloride, and the bottom layer is a back-coating adhesive.

PET Film

PET film is a heat-shrinkable packaging material and it is easy to recycle, non-toxic, tasteless, and has good mechanical properties. 

POF Film

POF is a multi-layer co-extruded environmentally friendly polyolefin heat shrinkable packaging material. The components of POF shrink film are PE and PP. Different from PVC, POF is a soft and environmentally friendly shrink film, which will not release toxic gas during the burning process, and can be in direct contact with food. 

OPS Film

OPS film is a skin packaging material that is environmentally friendly. It has high strength, high rigidity, a stable shape, and good gloss and transparency. It is easy to process, and easy to colour. It has good printing performance, and a high printing resolution.

Others

There are several other types such as POF Shrink Film and Polyethylene (PE) Shrink Film. 

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Label Heat Shrinkable Film Industry. Request a Free Sample PDF!

Application Segment Analysis of Label Heat Shrinkable Film Market

Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Label Heat Shrinkable Film Market.

Some of the key Application of Label Heat Shrinkable Film are:

• Food & Beverage
• Pharmaceuticals
• Personal Care
• Others
• Global Label Heat Shrinkable Film Market:

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Label Heat Shrinkable Film market report 2023 Edition by contacting our team.

Asia Pacific holds the major market share in the year 2022 and remains dominant during the forecast period analysis owing to the growing food and beverage, pharmaceutical, and consumer goods industry in this region. Asia Pacific is a hub for manufacturing plastic-related products and the demand for ready-to-eat food products in this region is driving the growth of the label heat shrinkable film 

Region-wise, the market is analyzed across: (In case you wish to acquire a specific region or any country data then please contact us)

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

News 

November 2020

Klöckner Pentaplast plans to expand PET capacity for the heat shrink label market in North America

Klöckner Pentaplast has planned to expand its PET extrusion with in-line stretching capacity by 10,000 metric tonnes. This expansion will take place at the company’s Rural Retreat location in Virginia, to meet demand growth for heat shrink sleeve labels, enabling them to better serve their customers in North America.

Top Companies Market Share in Label Heat Shrinkable Film Industry: (In no particular order of Rank)

• Fuji Seal
• CCL Industries
• Multi-Color
• Klockner Pentaplast
• Huhtamaki
• Clondalkin Group
• Brook & Whittle
• WestRock
• Hammer Packaging
• Yinjinda
• Jinghong
• Chengxin
• Zijiang
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