Market Size of Polyolefin (PO) Shrink Films Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 5.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players_Shrink_Films_Market_-_Keyplayers.webp)
*Disclaimer: Major Players sorted in no particular order |
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Polyolefin Shrink Film Market Analysis
The global polyolefin shrink films market is estimated to witness a healthy growth, at an estimated CAGR of over 5%, over the forecast period. The major factor driving the growth of the market studied is superior properties of POF shrink films.
- Stringent environmental regulations are likely to hinder the markets growth.
- By application, food and beverage segment is expected to dominate the demand for polyolefin films.
- Asia-Pacific region is expected to dominate the market and is also likely to witness highest CAGR during the forecast period.
