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Showing posts with the label Polyolefin Shrink Film Industry

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 processin...