Global Biodegradable Shrink Film Market Growth 2025-2031

The global Biodegradable Shrink Film market size is predicted to grow from US$ 990 million in 2025 to US$ 1534 million in 2031; it is expected to grow at a CAGR of 7.6% from 2025 to 2031.

Biodegradable shrink films are packaging films that shrink tightly over things whatever it is covering when under application of heat. They are used for the packaging of individual or group products majorly in the food and beverage, personal care and cosmetic, pharmaceuticals industry.

According to our research, the global packaging films market size is estimated to be around $144 billion by 2022. The key to the continued growth of packaging films is their affordability, universal convenience, light weight, and sustainability. Being the preferred packaging solution for several industries, packaging films are also expected to grow further during the forecast year. Polyethylene (PE) will remain the leading segment with a dominant market share of 5% by 2021. With a market share of nearly 36%, the PE films business holds the largest share of the global packaging films market, and the food and beverage industry is expected to remain the most used segment of the packaging films market through 2032.

LP Information, Inc. (LPI) ' newest research report, the “Biodegradable Shrink Film Industry Forecast” looks at past sales and reviews total world Biodegradable Shrink Film sales in 2024, providing a comprehensive analysis by region and market sector of projected Biodegradable Shrink Film sales for 2025 through 2031. With Biodegradable Shrink Film sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biodegradable Shrink Film industry.

This Insight Report provides a comprehensive analysis of the global Biodegradable Shrink Film landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biodegradable Shrink Film portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biodegradable Shrink Film market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biodegradable Shrink Film and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biodegradable Shrink Film.

This report presents a comprehensive overview, market shares, and growth opportunities of Biodegradable Shrink Film market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Up To 50 Microns
51-100 Microns
101- 150 Microns
Above 150 Microns

Segmentation by Application:
Food and Beverages
Personal Care and Cosmetics
Healthcare and Pharmaceuticals
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Amcor
Berry Global
Coveris Holding
Bonset America Corporation
Flint Group
Klockner Pentaplast
Allen Plastics Industries
Polyplex Corporation
Xianjing Rival Tech
Huan Yuan Plastic Film

Key Questions Addressed in this Report

What is the 10-year outlook for the global Biodegradable Shrink Film market?

What factors are driving Biodegradable Shrink Film market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Biodegradable Shrink Film market opportunities vary by end market size?

How does Biodegradable Shrink Film break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.