Preform Shrink Bands Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Preform Shrink Bands Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Packaging

Report Description

Global Preform Shrink Bands Market: Overview

Today, across the globe, packaging convenience in terms of product buying has emerged as one of the decisive factors. Shrink bands form an ideal sealing solution for multi-pack applications. Preform shrink bands are pre-molded to the shape of your container and makes a perfect tamper-evident, safe and secure seal that fits for almost any shaped container. Also, preform shrink bands can be manufactured in any standard shapes such as round, triangular, rectangular, orthogonal, etc. and even to a great quantity.

Global Preform Shrink Bands Market: Drivers & Restraints

The global market for preform shrink bands is likely to be driven by a significant rise in consumption of packaged food & beverages products. The growth in the sophisticated consumer demanding for the packaging seals that is lightweight, tamper-evident and safety has thus lead to growing applications of preform shrink bands. Perform shrink bands have emerged as an asset in the packaging world as a safe & economical sealing solution; serving value to the packaged food manufacturers. Additionally, other key aspects are the increasing number of work-class population in the urban region with rising disposable income.  All these above factors fuel the preform shrink bands market across the globe. On the other hand, the growing inclination towards newer formats of packaging such as pouches and wraps hinders the growth of preform shrink bands market.

Global Preform Shrink Bands Market: Segmentation

The global preform shrink bands market is segmented as follows

On the basis of product type, the global preform shrink bands market is segmented into:

  • Printed preforms shrink bands
  • Perforated preform shrink bands
  • Seamed preform shrink bands

On the basis of material type, the global preform shrink bands market is segmented into:

  • Polyvinyl chloride (PVC)
  • Polyethylene terephthalate (PET)
  • Polylactic acid (PLA)
  • Oriented Polystyrene (OPS)
  • Others

On the basis of thickness, the global preform shrink bands market is segmented into:

  • Below 1 mm
  • 1 mm - 3 mm
  • 3 mm - 5 mm
  • Above 5 mm

On the basis of applications, the global preform shrink bands market is segmented into:

  • Fruits & Vegetables
  • Bakery Products
  • Meat Processed Products
  • Grain Mill Products
  • Dairy Products
  • Others

Global Preform Shrink Bands Market: Regional Overview

Geographically, the global preform shrink bands market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and the Middle East & Africa (MEA).

In contrast to regions mentioned above, North America is likely to hold a significant market share and is expected to dominate the global preform shrink bands market throughout the forecast period as it provides a better infrastructure for stocking of ready to consume food. The European food storage containers market is an established market, and hence, the preform shrink bands market are expected to witness inline growth during the forecast period. Food & beverages industry in Asia is intended to experience an astonishing growth and keeping this in consideration, the demand for shrink bands in APAC region is likely to witness a double-digit growth during the forecast period. Owing to the growth prospects in the organized retail industry, the Latin America is thus expected to witness a striking growth over the forecast period

Largely, the global preform shrink bands market is projected to register a healthy growth rate during the forecast period.

Global Preform Shrink Bands Market: Key Players

Some key players that currently operate in preform shrink bands market across the globe are R.B. Dwyer Company, Inc., American Film & Machinery., Zoltech Packaging., Excel Packaging Equipment., MPI Label Systems, Aaron Packaging, Inc., Crystal Vision Packaging., Gmpak Enterprises Corporation, Ameri-Seal, Inc., Traco Manufacturing, Inc., and many more.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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