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Shrink Film for Beverage Multipacks Market by Type , Application , Application Form , Application Pack Size , & by Geography - Global Forecast to 2020

Shrink Film for Beverage Multipacks Market: Global Forecast until 2020

  • January 2016
  • 154 pages
  • ID: 3603147
In this report:
The production volume of shrink film for bottles application form in Europe is expected to grow from ##.## '## tons in 2015 to ##.## '## tons by 2020 at a CAGR of ##.## % for the forecast period.
In terms of volume, the cans segment of the shrink film for beverage multipacks market in Europe is expected to grow from ##.## thousand tons in 2015 to ##.## thousand tons by 2020, at a CAGR of ##.##% from 2015 to 2020.

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"Increase in the sector demand for eco-friendly packaging, growing disposable income, and the increasing beverage market is predicted to push the shrink film for beverage multipacks market"

The shrink film for beverage multipacks market size is forecasted to grow from ~$2.2B in 2015 to ~$2.5B by 2020, at a compound annual growth rate (CAGR) of 3.30 percent between 2015 and 2022. The market demand for shrink film packaging solutions in the beverage sector had changed in terms of design, size, and technology. The shrink film for beverage multipacks market is influenced by Elements such as increase in the industry demand for eco-friendly packaging, rising government regulations and standards for packaging material, increasing beverage market, and increase in the disposable income.

"Printed shrink film is anticipated to grow at the quickest Compound annual growth rate during the outlook period"

The printed shrink film segment is expected to grow at the highest compound annual growth rate (CAGR) between 2015 and 2022. Nevertheless, the unprinted shrink film segment maintains a larger market share as a result of lower price and easy manufacturing.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were performed. The break-up of primaries managed with main designation holders in distinct firms and in different areas are

- By Company Type- Tier 1 -36.0 percent, Tier 2 - 42.0 percent, and 1/3 3 - 22.0 percent

- By Designation- C level - 69.0 percent, Grade of manager - 31.0 percent

- By Region- Americas - 22.0 percent, Europe - 56.0 percent, APAC - 19.0 percent, and rest of the world - 3.0 percent

With the changing consumer preferences, the packaging market has undergone several changes in forecasts. Presently, preferences of consumers are changing due to the change in lifestyle. Users prefer an easy to carry, light-weight packaging which is convenient for their daily use and travelling. Consumers are also becoming aware of the environmental impact of packaging and thus reject products in plastic packages. Accordingly, shrink film is the upcoming focus for the beverage packaging sector.

The analysis will facilitate the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the shrink film for beverage multipacks market comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across the distinct verticals and localities.

2. The market research will facilitate the partners comprehend the trend of the market and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate the partners to better find out the players and obtain additional insights to better their rank in the business sector. The competitive outlook section includes competitor landscape, recent product launches, alliances, mergers, and acquisitions.

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