Compostable Shrink Wrap Market Forecast to 2028: Key Players, Growth, Trends and Opportunities

The compostable shrink wrap market is expected to witness market growth at a rate of 18.4% in the forecast period of 2021 to 2028 and is expected to reach USD 2510.3 million by 2028.

This Compostable Shrink Wrap market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Compostable Shrink Wrap report simplifies managing marketing of goods and services effectively.

The compostable shrink wrap market is expected to witness market growth at a rate of 18.4% in the forecast period of 2021 to 2028 and is expected to reach USD 2510.3 million by 2028.

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Market Overview:

Major factors that are expected to boost the growth of the compostable shrink wrap market in the forecast period are the attributes such as adhesiveness, bio-degradability and easy recyclability. Furthermore, the rise in the food and beverage industry is further anticipated to propel the growth of the compostable shrink wrap market. Moreover, the growing need for packaged foods is further estimated to cushion the growth of the compostable shrink wrap market. On the other hand, the rise in the expenses of compostable shrink wrap in comparison to other non-biodegradable options is further projected to impede the growth of the compostable shrink wrap market in the timeline period.

Some of the major players operating in the Compostable Shrink Wrap market are S.R BIO PLASTIC, Packman Packaging Private Limited., HUBEI HYF PACKAGING CO., LTD., BASF SE, NatureWorks LLC, Mitsubishi Chemical Holding Corporation, Corbion N.V., Biome Technologies plc, Amcor plc, Sealed Air, Mondi, Tetra Pak International S.A., IMEX Packaging, Elevate Packaging., BIOPAK, Smurfit Kappa, Green Pack, Treetop Biopak, Berkley., International Paper. and Kingfa Science & Technology (India) Limited among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately. among others.

Global Compostable Shrink Wrap Market Scope

The compostable shrink wrap market is segmented on the basis of material, product type and applications. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

 

On the basis of material, the compostable shrink wrap market is segmented into PLA (polylactic acid), PHA (polyhydroxyalkanoates), starch blends and other biodegradable polymers.

On the basis of product type, the compostable shrink wrap market is segmented into unprinted and printed.

On the basis of applications, the compostable shrink wrap market is segmented into food packaging, industrial packaging, personal care and cosmetics, agriculture and horticulture.

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Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Compostable Shrink Wrap Market Landscape

Part 04: Global Compostable Shrink Wrap Market Sizing

Part 05: Global Compostable Shrink Wrap Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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