Polyolefin (PO) Shrink Films Market Size and Share
Polyolefin (PO) Shrink Films Market Analysis by Mordor Intelligence
The polyolefin shrink film market is valued at USD 8.16 billion in 2025 and is forecast to climb to USD 10.47 billion by 2030, advancing at a 5.12% CAGR between 2025 and 2030. Growth reflects the material’s versatility, rising preference for recyclable solutions, and the steady replacement of PVC in food-contact applications. Surging e-commerce volumes, brand demand for 360-degree graphics, and the rapid roll-out of automation-ready thin-gauge cross-linked grades are expanding addressable use-cases for the polyolefin shrink film market. Across regions, Asian manufacturers scale capacity to serve export-oriented consumer goods, while North American converters emphasize tamper-evident wraps that build consumer trust. In Europe, policy pressure accelerates adoption of films containing post-consumer recycled (PCR) feedstock, encouraging proprietary blends that match both performance and recycling targets.
Key Report Takeaways
- By type, general shrink film led with 54% of polyolefin shrink film market share in 2024; cross-linked grades are projected to post a 6.88% CAGR through 2030.
- By material type, polyethylene controlled 57% of polyolefin shrink film market share in 2024, while polypropylene is set to register a 7.21% CAGR to 2030.
- By layer structure, multilayer constructions captured 52% share of the polyolefin shrink film market size in 2024 and are forecast to expand at a 6.95% CAGR to 2030.
- By application, food and beverage accounted for 42% share of the polyolefin shrink film market size in 2024, whereas pharmaceuticals will advance at an 8.99% CAGR between 2025 and 2030.
- By geography, Asia Pacific commanded 38% of polyolefin shrink film market share in 2024 and is poised for 7.1% CAGR growth through 2030.
Global Polyolefin (PO) Shrink Films Market Trends and Insights
Driver Impact Analysis
Driver | ~ (%) Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
E-commerce demand for tamper-evident wrap accelerating small-pack use in North America | +1.2% | North America, with spillover to Europe | Medium term (3-4 yrs) |
Shift from PVC to eco-safer POF in European food-contact films | +0.9% | Europe, with global adoption following | Long term (≥ 5 yrs) |
Demand for High-Quality Printing and Branding | +0.7% | Global, strongest in North America and Europe | Medium term (3-4 yrs) |
Cost-Effectiveness Compared to Alternatives | +0.6% | Global, particularly impactful in emerging markets | Short term (≤ 2 yrs) |
Automation-ready thin-gauge cross-linked films driving high-speed lines in Asia | +1.0% | Asia-Pacific, particularly China, India, and Japan | Medium term (3-4 yrs) |
Source: Mordor Intelligence
E-commerce tamper-evidence demand in North America
E-commerce growth has driven demand for tamper-evident polyolefin shrink films to secure products during transit. North American retailers use these films to protect goods and build consumer trust, with 78% of online shoppers valuing visible tamper-evidence. Intertape Polymer Group's ExlfilmPlus PCR, a polyolefin shrink film with 35% recycled content, addresses security and sustainability needs[1]Intertape Polymer Group, “IPG to Showcase Automation, Consumable and Service Solutions at Pack Expo International 2024,” itape.com. The film combines high clarity with post-consumer recycled content, meeting e-commerce packaging challenges.
PVC-to-POF switch in European food-contact films
European food manufacturers pivot towards recyclable polyolefin films after April 2024 packaging legislation targeting a 5% waste reduction by 2030 [2]European Parliament, “New EU Rules to Reduce, Reuse and Recycle Packaging,” europarl.europa.eu. Parallel plastic taxes in the UK, Spain and Italy penalize films with under 30% recycled content. Clysar’s Store-Drop-Off-qualified EV-HPG illustrates how converters combine food safety, clarity and recyclability.
High-definition printing & branding
Beverage producers such as Anadolu Efes launched 77 new SKUs in 2024, each wrapped in vivid 360-degree graphics to maximize shelf impact. Digital presses speed changeovers, letting converters satisfy shorter promotional runs without plate inventories. The result is a virtuous cycle in which converters invest in wider web, high-opacity white inks, and matte-gloss contrasts that boost brand storytelling in the polyolefin shrink film market.
Cost advantage over alternatives
Film optimisation projects saved Heineken EUR 0.6 billion in 2024 as the brewer cut resin usage and simplified secondary packaging. Producers in emerging regions further curb spend by installing wide-width lines, such as UFlex’s 18,000 MTPA CPP unit, which improves economies of scale.
Restraint Impact Analysis
Restraint | ~ (%) Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
PE & PP resin price volatility | -0.8% | Global, acute in North America | Short term (≤ 2 years) |
Single-use-plastic levies on over-wrap | -1.1% | Europe, potential global echo | Long term (≥ 4 years) |
Trade-off between downgauging & shrink force limiting adoption in heavy-duty industrial packs | -0.5% | Global, particularly in industrial applications | Medium term (3-4 yrs) |
Source: Mordor Intelligence
PE & PP resin price volatility
Shale-feedstock disruptions in the United States heighten raw-material swings that already represent up to 70% of finished film cost. The OECD warns that plastic production may hit 736 million tonnes by 2040, intensifying feedstock competition[3]OECD, “Policy Scenarios for Eliminating Plastic Pollution by 2040,” oecd.org. Converters hedge risks via multi-sourcing, shorter resin contracts, and recipes that dilute virgin inputs with PCR pellets.
Single-use-plastic levies on over-wrap
Germany’s January 2024 levy obliges firms to report units sold and finance litter clean-up schemes, raising administrative and monetary burden. EU rules also require 90% separate collection of single-use beverage containers by 2029. These policies accelerate R&D into store-drop-off-ready sleeves and mono-material bundles within the polyolefin shrink film market.
Segment Analysis
By Type: Cross-linked films redefine performance expectations
General shrink film held the largest 54% polyolefin shrink film market share in 2024, underpinned by affordability and wide processing windows. The segment’s clarity and ease of printing keeps it entrenched in food multipacks and promotional bundles across supermarkets. Yet converters increasingly upsell cross-linked grades where puncture resistance, scuff holdout and thinner profiles allow faster line speeds without wrap failure.
Cross-linked output is forecast to grow at a 6.88% CAGR from 2025 to 2030 as pharmaceutical blister bundles, boxed cosmetics and electronics seek lower sealing temperatures that protect heat-sensitive contents. Expanded capacity in Asia and North America narrows the price delta, encouraging switchovers that stretch the polyolefin shrink film market beyond traditional displays.
By Material Type: Polypropylene accelerates premium adoption
Polyethylene maintained a commanding 57% stake within the polyolefin shrink film market size in 2024, driven by transparency and cost competitiveness. Multi-layer PE blends permit tight seals even at low oven dwell times, making them a staple in beverage can dernests and produce trays. Processors now incorporate PCR streams to comply with brand circularity pledges without diluting optical properties.
Polypropylene is expected to rise 7.21% annually to 2030, buoyed by higher stiffness, chemical inertness and elevated heat-deflection points desirable for retorted foods and medical kits. New five-layer co-extruders co-blend PP with elastomer tie layers, retaining gloss while boosting tear resistance. This premium mix separates converters from commoditised PE offerings within the polyolefin shrink film market.
By Layer Structure: Multilayer engineering multiplies functionality
Multilayer architectures captured 52% of the polyolefin shrink film market size in 2024, supported by 6.95% CAGR prospects through 2030. Tailored barrier layers block oxygen or moisture, while surface skins dial in sealability and high-definition ink anchorage. Brands use proprietary barrier cocktails to extend ambient shelf life for sauces and dairy sticks without secondary cartons.
Monolayer films remain cost-efficient for low-risk parcels but struggle when cross-border shipping demands superior toughness. Advances in co-extrusion allow seven-layer films that still qualify for mechanical recycling streams when kept within the polyolefin family, as demonstrated by Woolworths’ recyclable beverage sleeves. This balance positions multilayer solutions as the go-to choice for next-generation compliance within the polyolefin shrink film market.
By Application: Pharmaceuticals take growth spotlight
Food and beverage preserved 42% share of the polyolefin shrink film market size in 2024 by wrapping multipacks, fresh produce punnets and shelf-ready trays. Processors continually down-gauge gauge to cut resin usage while adding anti-fog additives that maintain see-through appeal. Regulatory bans on PVC cling in Europe accelerate substitution toward cleaner-burning polyolefin grades.
Pharmaceutical use will surge at an 8.99% CAGR as blister cards, injectable vials and diagnostic kits mandate tamper evidence and readability of barcodes through clear film. COVID-19 vaccine rollout elevated packaging scrutiny, cementing polyolefin as the secure yet transparent enclosure for unit doses. Brand owners also exploit the expansive printable area to communicate authentication holograms, adding intangible value in the polyolefin shrink film market.
Note: Segment Share of all individual segments available upon report purchase
Geography Analysis
Asia Pacific dominated the polyolefin shrink film market with 38% revenue contribution in 2024, and its projected 7.10% CAGR remains the fastest globally. China’s entrenched extruder base partners with multinational FMCG packers, while India’s rigid packaging boom responds to urban retail growth. Regional converters foster in-house plateless digital presses, enabling swift private-label promotion campaigns that capture domestic e-commerce surges.
Japan and South Korea focus on high-barrier multilayer technology, supplying niche cross-linked rolls for export pharmaceuticals; domestic demand leans on automation-ready thin gauges that fit compact factory footprints. Association grants channel R&D tax credits toward energy-efficient shrink ovens, reinforcing adoption inside the polyolefin shrink film market.
North America constitutes a mature yet innovation-led arena powered by the United States’ omnichannel retail ecosystem. Canada and Mexico complement regional supply through proximity to resin production and tariff-favoured trade corridors, anchoring resilience against price swings.
Europe balances stringent regulatory oversight with high purchasing power. Circular economy directives push converters to certify recyclability and shift toward PCR blends by 2027. Germany, Italy and the United Kingdom represent core demand clusters owing to strong beverage, confectionery and pharmaceutical output. Southern and Eastern member states gradually catch up as retail chains harmonise packaging briefs across the bloc.
South America and the Middle East & Africa present smaller but increasingly attractive frontiers. Brazil leverages a robust petrochemical base to serve Mercosur neighbours, while Saudi Arabia’s Vision 2030 encourages downstream polymer investments that extend the reach of the polyolefin shrink film market into Gulf Cooperation Council markets.

Competitive Landscape
The polyolefin shrink film market is moderately consolidated, with the top five players holding less than 50% market share. Key players like Berry Global, Sealed Air, and Klockner Pentaplast integrate extrusion and in-house printing to offer turnkey solutions, emphasizing sustainability through initiatives like Berry's closed-loop pilot. Intertape Polymer Group focuses on PCR content and service networks, while UFlex expands CPP and biaxially oriented polyolefin capacity. Asian competitors leverage local resin but face certification challenges. Strategic alliances in recycled feedstock, co-extrusion, and digital printing are growing. Converters secure resin supplies to manage volatility, and OEMs innovate oven designs for thinner gauges. Success increasingly depends on balancing cost efficiency with sustainability credentials.
Polyolefin (PO) Shrink Films Industry Leaders
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Berry Global Inc.
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Sigma Plastics Group
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SABIC
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Bollore Group
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IPG
- *Disclaimer: Major Players sorted in no particular order

Recent Industry Developments
- October 2024: Innovia Films has expanded its floatable polyolefin shrink range by introducing a 45 µm grade to improve material efficiency and a high-shrink variant tailored for contoured bottles. This development is expected to enhance product versatility and drive growth in the polyolefin shrink film market.
- February 2024: Intertape Polymer Group (IPG) introduced ExlfilmPlus PCR, featuring 35% recycled content for e-commerce wraps. This innovation is expected to drive sustainability trends and influence the polyolefin shrink film market by increasing the adoption of eco-friendly packaging solutions.
Global Polyolefin (PO) Shrink Films Market Report Scope
The global polyolefin shrink films market report includes:
By Type | General Shrink Film | ||
Cross-Linked Shrink Film | |||
By Material Type | Polyethylene (PE) | ||
Polypropylene (PP) | |||
By Layer Structure | Monolayer | ||
Multilayer | |||
By Application | Food & Beverage | ||
Industrial Packaging | |||
Personal Care & Cosmetics | |||
Pharmaceutical | |||
Printing & Stationery | |||
Other Applications | |||
By Geography | Asia-Pacific | China | |
India | |||
Japan | |||
South Korea | |||
Rest of Asia-Pacific | |||
North America | United States | ||
Canada | |||
Mexico | |||
Europe | Germany | ||
United Kingdom | |||
Italy | |||
France | |||
Rest of Europe | |||
South America | Brazil | ||
Argentina | |||
Rest of South America | |||
Middle East and Africa | Saudi Arabia | ||
South Africa | |||
Rest of Middle East and Africa |
General Shrink Film |
Cross-Linked Shrink Film |
Polyethylene (PE) |
Polypropylene (PP) |
Monolayer |
Multilayer |
Food & Beverage |
Industrial Packaging |
Personal Care & Cosmetics |
Pharmaceutical |
Printing & Stationery |
Other Applications |
Asia-Pacific | China |
India | |
Japan | |
South Korea | |
Rest of Asia-Pacific | |
North America | United States |
Canada | |
Mexico | |
Europe | Germany |
United Kingdom | |
Italy | |
France | |
Rest of Europe | |
South America | Brazil |
Argentina | |
Rest of South America | |
Middle East and Africa | Saudi Arabia |
South Africa | |
Rest of Middle East and Africa |
Key Questions Answered in the Report
What is driving the fastest growth segment in the polyolefin shrink film market?
The pharmaceutical segment leads with an 8.99% CAGR to 2030 as stricter tamper-evidence rules and demand for barcode visibility boost adoption of high-clarity, security-grade films.
Which region offers the highest expansion opportunity?
Asia Pacific accounted 38% share in 2024, and will leads with a 7.1% CAGR from 2025-2030, powered by e-commerce, industrialization and capacity additions in China and India.
How are converters addressing sustainability pressures?
Leading firms integrate PCR resin, develop recyclable mono-material multilayers and partner with retailers on store-drop-off schemes to align with EU waste-reduction targets.
Why are cross-linked polyolefin films gaining popularity?
They deliver puncture resistance and allow faster, lower-temperature sealing, which cuts energy use and supports high-speed automation lines in industries such as electronics and pharmaceuticals.
What impact do European plastic taxes have on film demand?
Levies on single-use over-wrap accelerate the shift from PVC to recyclable polyolefin grades and push converters to certify films that exceed 30% recycled content thresholds.
How are resin price fluctuations mitigated?
Producers diversify feedstock sources, negotiate shorter contracts and redesign formulations to use less virgin material, buffering the -0.8% CAGR impact attributed to volatility.