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Polyolefin (POF) Shrink Film Market Segments and Key Trends Overview 2025

Superior characteristics offered by the polyolefin (POF) shrink films owing to the introduction of cross-linking technology is expected to drive demand over the forecast period. The Global Polyolefin Shrink Film Market is expected to reach USD 7.4 billion by 2025, growing at a CAGR of 5.8%, according to a new report by Grand View Research, Inc.


The rising demand of polyolefin (POF) shrink films owing to its improved barrier properties, ease of printing and superior airtight sealing to increase the shelf life of the product is expected to drive market growth over the forecast period. In addition, high gloss finish of the film enhances the appearance and aids marketing success, which is expected to complement growth.

Growing demand for packaged food such as ready-to-eat meals, snacks, and frozen meals with changing lifestyle, modern retail trades and increased popularity of quick service restaurants are expected to drive the growth. In addition, use of innovative processing techniques to improve the characteristics of the product is likely to boost the adoption of the film.

Major players such as Sealed Air Corporation cater to their local as well as the global market. As the survival in the industry is challenging owing to the presence of a large number of small-scale manufacturers, companies focus on providing premium quality products and enhance the formulation capabilities to gain a competitive edge.

Rising demand for alcoholic & non-alcoholic beverages is expected to drive the market growth for the product on account of its application in bundling of plastic bottles and cans using printed and clear films.

To Know More About Polyolefin Shrink Film Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/polyolefin-pof-shrink-film-market 

Asia pacific accounted for 35.7% of revenue share in 2016 on account of the growing demand for the product in consumer goods packaging industry in the developing economies including China and India.

Market Segmentation of Polyolefin (POF) Shrink Film Market:

The Global Polyolefin (POF) Shrink Film Market segmented on the basis of Product, Application and Region.

By Product:

General
Cross-linked

By Application:

Food
Beverage
Industrial packaging
Pharmaceuticals
Consumer goods

By Region:

North America
Europe
Asia Pacific
Central & South America
Middle East & Africa

Inquire about Polyolefin Shrink Film Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4710/ibb 
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