Compostable Shrink Wrap Market
Compostable Shrink Wrap Market Based on Material (PLA (Polylactic acid), PHA (Polyhydroxyalkanoates), Starch blends), Based on Applications (Food packaging, Industrial packaging, Personal care & cosmetics, Agriculture & horticulture) - Global Review 2021 to 2031
Analysis of Compostable Shrink Wrap Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Compostable Shrink Wrap Market: An Overview
The popularity of compostable shrink wrap is spreading worldwide acceptance of these shrink wrap due to their properties like adhesiveness, bio-degradability and easy recyclability. All the organizations claiming to be green organizations using green practices in their product manufacturing as well as packaging, can market their product as environmentally friendly and differentiate it from their competitors.
The growth of the food & beverage industry and demand for packaged foods rising, along with the promise of brands to deliver fresh products to the consumers, gives a boost to the global compostable shrink-wrap market and staggering estimates for the forecasted period.
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Compostable Shrink Wrap Market: Dynamics
The environmentally concerned and educated consumer base forms a major part of the population in today’s market, to deliver easy to dispose of and bio-degradable supplies to fulfil consumer needs in the food & beverage industry along with the cosmetics and personal care industry. The compostable shrink wraps are very much useful for manufacturers and marketers to capture market share and also being environmentally friendly with the same solution.
The compostable shrink wrap provides a cost-effective packaging solution to the manufacturers and comes as a solution to the market trend of hassle-free and transparent packaging of the product & offers. The factors like the higher cost of compostable shrink wrap as compared to other non-biodegradable options may affect the growth of bio-degradable wraps globally. Also, the poor performance of the compostable shrink wrap against heat resistance, air, water and oxygen against the non-compostable shrink wraps are major performance-related issues.
Compostable Shrink Wrap Market: Regional Outlook
With the favourable government policies and demand for environment-friendly packaging by the consumers in the American market, the USA is the major shareholder in the global compostable shrink-wrap market. The European market having manufacturers and consumers opting for sustainable products and packaging over the environmentally harmful products and offerings, and strict laws over usage of harmful plastics make it a developed market for compostable shrink wraps.
The growing food and packaged foods industry in the major countries of Europe indicates a high growth rate of compostable wraps in the upcoming decade. The Asian region with emerging countries like India, China and Malaysia which are major consumers of packed foods and cosmetics which are major end-user industries of compostable shrink wraps. Also, the increased awareness about food preservation and quality of the products are driving the consumer preference towards packaged and shrink-wrapped foods.
The compostable shrink wraps are comparably less popular in the Asian market than compared to the European and North American regions, more lucrative opportunities for the future are offered by the Asian region in the forecasted period. The developing regions of the globe like Middle Eastern and African parts are also moving towards the usage of lesser harmful materials for packaging as well as manufacturing of products. The untapped market with huge potential awaits in those parts of the world offering staggering growth potential for the future of the compostable shrink-wrap market.
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Compostable Shrink Wrap Market: Key Players
Major players providing Compostable Shrink Wrap are
- BASF SE
- Kingfa Sci. & Tech. Co., Ltd.
- Amcor PLC
- International Paper Company
- Mondi Group
- Smurfit Kappa Group PLC
- Greenpack Limited
- Biopak PTY LTD
- Treetop Biopak
- Berkley International Packaging Limited
Regional Analysis Includes:
- North America
- Latin America
- Europe
- Middle East & Africa (MEA)
- East Asia
- South Asia
- Oceania
The report Compostable Shrink Wrap Market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Compostable Shrink Wrap Market segments and geographies.
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Reports Highlights:
- A detailed overview of parent market
- Changing Compostable Shrink Wrap Market dynamics in the industry
- In-depth Compostable Shrink Wrap Market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments in the Compostable Shrink Wrap Market
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for players to sustain and enhance their market footprint
Compostable Shrink Wrap Market: Segmentation
Based on Material
- PLA (Polylactic acid)
- PHA (Polyhydroxyalkanoates)
- Starch blends
- Other Biodegradable polymers
Based on Applications
- Food packaging
- Industrial packaging
- Personal care & cosmetics
- Agriculture & horticulture
Based on Product Type:
- Unprinted
- Printed
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Material 6.2. Applications 6.3. Product Type 7. Global Market Analysis and Forecast, By Material 7.1. PLA (Polylactic acid) 7.2. PHA (Polyhydroxyalkanoates) 7.3. Starch blends 7.4. Other Biodegradable polymers 8. Global Market Analysis and Forecast, By Applications 8.1. Food packaging 8.2. Industrial packaging 8.3. Personal care & cosmetics 8.4. Agriculture & horticulture 9. Global Market Analysis and Forecast, By Product Type 9.1. Unprinted 9.2. Printed 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. East Asia 10.6. South Asia & Pacific 10.7. MEA 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries 16. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 17. MEA Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Material, Applications, and Product Type for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. BASF SE 20.2. Kingfa Sci. & Tech. Co., Ltd. 20.3. Amcor PLC 20.4. International Paper Company 20.5. Mondi Group 20.6. Smurfit Kappa Group PLC 20.7. Greenpack Limited 20.8. Biopak PTY LTD 20.9. Treetop Biopak 20.10. Berkley International Packaging Limited
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Material
Table 3: Global Market US$ Mn Forecast by Applications
Table 4: Global Market US$ Mn Forecast by Product Type
Table 5: North America Market US$ Mn Forecast by Country
Table 6: North America Market US$ Mn Forecast by Material
Table 7: North America Market US$ Mn Forecast by Applications
Table 8: North America Market US$ Mn Forecast by Product Type
Table 9: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Material
Table 11: Latin America Market US$ Mn Forecast by Applications
Table 12: Latin America Market US$ Mn Forecast by Product Type
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Material
Table 15: Western Europe Market US$ Mn Forecast by Applications
Table 16: Western Europe Market US$ Mn Forecast by Product Type
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Material
Table 19: Eastern Europe Market US$ Mn Forecast by Applications
Table 20: Eastern Europe Market US$ Mn Forecast by Product Type
Table 21: East Asia Market US$ Mn Forecast by Country
Table 22: East Asia Market US$ Mn Forecast by Material
Table 23: East Asia Market US$ Mn Forecast by Applications
Table 24: East Asia Market US$ Mn Forecast by Product Type
Table 25: South Asia & Pacific Market US$ Mn Forecast by Country
Table 26: South Asia & Pacific Market US$ Mn Forecast by Material
Table 27: South Asia & Pacific Market US$ Mn Forecast by Applications
Table 28: South Asia & Pacific Market US$ Mn Forecast by Product Type
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Material
Table 31: MEA Market US$ Mn Forecast by Applications
Table 32: MEA Market US$ Mn Forecast by Product Type
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Applications
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Applications
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Applications
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Applications
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Applications
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 22: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Applications
Figure 23: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 24: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 26: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Applications
Figure 27: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 28: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Applications
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Compostable Shrink Wrap Market