Energy Supplement Market Size and Definition
Collation shrink film offers a secure, cost-effective packaging solution for industries like food, beverage, and retail, meeting the rising demand for sustainable and e-commerce-friendly options.
Collation shrink film is a packaging method that utilizes heath to tightly wrap a group of items together to create a secure bundle. This method is cost-effective and versatile. It is commonly observed in the packing of beverage bottles health and beauty products, food cans, household items and many more. They are widely used in industries, such as food and beverage, pharmaceuticals, and retail. Along with securing the product, this technique helps to enhance the buying experience for the customers. The 3 types of films are commonly used, Polyolefin and Polyethylene. The collation shrink films market is driven by the food and beverage companies as they highly demand the films to preserve food quality and increase shelf life.
Additionally, the rising demand from logistics with strong e-commerce business holds a significant growth to the market as the consumer prefers online product selection and the convenience of return and refund policies. The collation shrink films market is anticipated to expand in the future with the help of recycled content, growing consumer sentiment and demand to incorporate mandatory regulatory changes to use 50% recycled plastic.
Energy Supplement Market Segmentation:
By Type
- Monolayer Collation Shrink Film
- Multilayer Collation Shrink Film
By Application
- Food and Beverage Industry
- Cosmetics and Personal Care Industry
- Healthcare Industry
- Others
Energy Supplement Market Companies:
- Berry Plastics
- Coveris
- NPP Group
- Coveris Holdings
- Aspo
- Silvalac
- Rapid News Group
- MURAPLAST d.o.o.
- Folplast
- Polystar Plastics
- POLIPAKS
- Bemis
- Reynolds
- Sigma Plastics
- Amcor
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