The PVDC Shrink Bags Market was valued at US$ 1,088.39 million in 2021 and is projected to reach US$ 1,383.37 million by 2028; it is expected to grow at a CAGR of 3.5% from 2021 to 2028.
PVDC shrink bag is a type of vacuum packaging with high barrier and shrink, protecting different food products from external temperature and moisture. Rise in meat consumption and superior advantages offered by these bags in the meat packaging are the key factors driving the PVDC shrink bags market during the forecast period. Growing prospects in urbanization and rising population in developing economies hold potential market growth opportunities.
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The List of Companies -
- The Dow Chemical Company
- ALLFO GMBH AND CO. KG
- ASTAR PACKAGING PTE LTD
- EEZYPAK
- PREMIUMPACK GMBH
- SCHUR FLEXIBLES HOLDING GESMBH
- Sealed Air
- SPEKTAR D.O.O.
- Sunrise Packaging Material (Jiangyin) Co.,Ltd
- WINPAK LTD.
Based on application, the PVDC shrink bags market is segmented into meat, poultry & seafood, cheese & other dairy products, and others. The meat segment held the largest share of the global PVDC shrink bags market in 2020 due to the growing application of PVDC shrink bags in meat packaging. The consumption of meat is increasing among consumers globally due to rising income and increasing expenditure on food.
In 2020, Asia Pacific held the largest revenue share of the global PVDC shrink bags market. Asia Pacific is one of the prominent markets for utilizing PVDC shrink bags. Rise in population, increase in disposable income, and substantial economic conditions are propelling the demand for meat, poultry and seafood, cheese, and dairy products, thereby driving the PVDC shrink bags market in the region.
The report segments the Pvdc Shrink Bags Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the Pvdc Shrink Bags Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
The scope of the Pvdc Shrink Bags Market Report:
The research report focuses on the current market trends, opportunities, future potential of the market, and competition in the Pvdc Shrink Bags. The study also provides market insights and analysis of the Pvdc Shrink Bags, highlighting the technological market trends, adoption rate, industry dynamics, and competitive analysis of major players in the industry.
The global Pvdc Shrink Bags Market is segmented based on deployment, component, solution, application, and geography. The segmentation in this research study has been finalized post in-depth secondary research and extensive primary research. In addition, the market is also segmented on the basis of products offered by the leading participants in the industry in order to understand widely used market specific terminologies. Thus, we have incorporated the segments of the research and have finalized the market segmentation.
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TABLE OF CONTENTS
- Introduction
1.1 Research Report Guidance
1.2 Market Segmentation
1.2.1 by Bag Type
1.2.2 by Application
1.2.3 by Geography
- Key Takeaways
- Research Methodology
3.1 Scope of the Study
3.1.1 by Product Type and End-User
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
- Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
- Key Market Dynamics
- Global Market Analysis
- By Bag Type
- By Application
- Geographic Analysis.
Continued…
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