Global Shrink Bundling Films Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Printed and Unprinted.

By Application;

3x2 Size, 4x2 Size, 4x3 Size, 6x3 Size, and Others.

By End User;

Bottled Water, Bottled and Canned Soft Drinks, Canned Foods, Dry Foods, Sports & Energy Drinks, Juices, Canned & Bottled Beers, Dairy Products, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn018116811 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Shrink Bundling Films Market (USD Million), 2021 - 2031

In the year 2024, the Global Shrink Bundling Films Market was valued at USD 1,429.72 million. The size of this market is expected to increase to USD 1,985.09 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.

The global shrink bundling films market is experiencing steady growth, fueled by a myriad of factors ranging from burgeoning industrialization to the expanding e-commerce sector. Shrink bundling films are widely utilized for packaging applications across various industries, including food and beverage, pharmaceuticals, consumer goods, and automotive. The versatility of these films in providing efficient bundling, protection, and branding solutions has significantly contributed to their widespread adoption.

One of the primary drivers of the market is the increasing demand for packaged goods, driven by changing consumer lifestyles and preferences. With consumers seeking convenience and sustainability in their purchases, manufacturers are turning to shrink bundling films as a reliable packaging solution. Additionally, the rise of online shopping has propelled the need for robust packaging materials to ensure the safe transit of products, further boosting the demand for shrink bundling films.

Advancements in film technology have led to the development of high-performance materials that offer enhanced strength, clarity, and barrier properties. These innovations enable manufacturers to meet the stringent quality standards and regulatory requirements governing the packaging industry. Furthermore, the growing emphasis on sustainable packaging solutions has spurred the adoption of eco-friendly shrink bundling films made from recyclable materials, thereby driving market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Shrink Bundling Films Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand

        2. Growth of end-use industries

        3. Growing popularity

      2. Restraints
        1. Fluctuating prices of raw materials

        2. Stringent regulations regarding plastic usage

        3. Environmental concerns

      3. Opportunities
        1. Technological advancements

        2. Rising demand

        3. Expansion of e-commerce

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Shrink Bundling Films Market, By Type, 2021 - 2031 (USD Million)
      1. Printed
      2. Unprinted
    2. Global Shrink Bundling Films Market, By Application, 2021 - 2031 (USD Million)
      1. 3x2 Size
      2. 4x2 Size
      3. 4x3 Size
      4. 6x3 Size
      5. Others
    3. Global Shrink Bundling Films Market, By End User, 2021 - 2031 (USD Million)
      1. Bottled Water
      2. Bottled and Canned Soft Drinks
      3. Canned Foods
      4. Dry Foods
      5. Sports & Energy Drinks
      6. Juices
      7. Canned & Bottled Beers
      8. Dairy Products
      9. Others
    4. Global Shrink Bundling Films Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AEP Industries Inc.
      2. Amcor Limited
      3. Bemis Company, INC
      4. Berry Plastics Corporation
      5. Ceisa Packaging SAS
      6. Coveris Holdings S.A
      7. Novolex
      8. Coveris Holdings
      9. Paragon Films Incorporated
      10. Hood Packaging Corporation
      11. SIGNODE Industrial Group
      12. Bollore
      13. ROBAPAC
      14. Others
  7. Analyst Views
  8. Future Outlook of the Market