Stratview Research has recently added a new report titled PVC Shrink Film Market to its collection. The report studies vital factors about the market that are essential for existing players as well as new market entrants. The report throws light on the critical elements such as market share, profitability, supply chain, production, sales, upcoming technologies, key market players, regional segmentation, and many more aspects related to the PVC Shrink Film Market.
The years considered in this report to estimate the market size of the market are:
• History Year: 2016-2019
• Forecast Year: 2022 to 2026
The key players covered in this report are –
- Hexagon Composites ASA
- Worthington Industries, Inc.
- Iljin composites
- Luxfer Holdings PLC
- Beijing Tianhai Industry Co., Ltd.
- Sinoma Science & Technology Co., Ltd.
- NPROXX B.V.
- Quantum Fuel Systems LLC
Market Highlights
The growth of the PVC shrink film market is driven by widespread use in various industries including packaging, food & beverages, and pharmaceuticals among others. Significant growth of the consumer goods industry is expected to bolster the market growth at a substantial rate during the review period. Moreover, increasing consumption of packaged products is likely to create lucrative opportunities for the players operating in the global market in the coming years.
Segment-wise analysis
Based on the end-use industry, the market has been segmented into food and beverages, industrial packaging, pharmaceutical, consumer goods, and others. Among these, the food & beverage segment accounted for the largest market share in 2020 and is expected to propel the market growth at a significant rate during the review period. The segment growth can be attributed to the increasing consumption of packaged food products.
The market in the Asia-Pacific region accounted for the largest market share in 2020 and is expected to grow at a healthy CAGR during the review period. The regional market growth can be attributed to expanding growth of the food & beverage, packaging, and pharmaceutical industries in developing countries, particularly China and India. The market in North America and European regions is expected to be driven by widespread consumption of packaged food products and the established presence of the pharmaceuticals industry.
To get more details about this report, click here – https://www.stratviewresearch.com/2488/PVC-Shrink-Film-Market.html
The main steps in the investigation process are:
- Stratview Research has gathered the raw data from industry experts and direct research analysts using primary and secondary sources.
- The experts also classify the information obtained by qualitative and quantitative data to place it in a proper way to make final conclusions.
- This report also provides market intelligence and throws light on critical insights into the market dynamics.
The information gathered in the report enables strategic decision making for the existing players as well as those willing to enter the market. The report contains growth drivers and constraints, market trend and forecast analysis, market segment trend, competitive landscape and dynamics, attractive market segments and associated growth opportunities, etc.
About Stratview Research
Stratview Research is a global market research firm with capabilities of providing complex market reports and other consulting services. Along with market reports, the firm also provides custom research services across the sectors covering industries like Energy Chemicals, Advanced Materials, Automotive, and Aerospace, and more.
In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.