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Beverage multipack shrink film market, valued at $2.24 billion in 2023, is projected to reach $2.39 billion in 2024, growing at a 6.6% CAGR due to packaging demand. Expected to hit $3.09 billion by 2028, driven by printing technology advancements and e-commerce growth, with trends like sustainable materials adoption.

The rising demand for bottled water is fueling growth in the beverage multipack shrink film market. Shrink film ensures secure packaging for bottled beverages, maintaining product integrity during storage and transit. Anticipated global consumption of bottled water is set to increase significantly by 2030, as reported by the World Economic Forum. This surge in demand is projected to drive the market for beverage multipack shrink film, supporting the packaging needs of the expanding bottled water industry.

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What Are The Key Trends That Influence Beverage Multipack Shrink Film Market Share Analysis?

Product innovation is pivotal in the beverage multipack shrink film market, where major companies are focusing on developing new solutions. For instance, Dow collaborated with Lotte Chilsung Beverage Co Ltd. in November 2021 to launch a collation shrink film (CSF) containing 20% post-consumer recycled (PCR) content. This sustainable film, used for Lotte’s Icis 8.0 Eco bottled water, enhances packaging sustainability without compromising performance, meeting consumer demand for eco-friendly solutions.

Which Market Players Are Driving Growth In The Beverage Multipack Shrink Film Market?

Major companies operating in the beverage multipack shrink film  market report are Amcor PLC, Berry Global Inc., Sonoco Products Company, Sealed Air Corporation, Huhtamaki Group, CCL Industries Inc., Sigma Plastics Group, Novolex Holdings LLC, Winpak Ltd., RKW Group, Uflex Limited, ProAmpac LLC, C-P Flexible Packaging, Vibac Group S.p.A., Treofan Germany GmbH & Co. KG, Mitsubishi Polyester Film Inc., Flexopack S.A., Crayex Corporation, Dow Inc., Transcontinental Inc., Layfield Group Ltd., Taghleef Industries Group, Eurofilms Extrusion Ltd., Baroda Packaging Private Limited, Barbier Group, Aintree Plastics Ltd., Atlantis-Pak Co. Ltd., Elite Plastics Ltd, Polypack S.r.l., Intertape Polymer Group Inc.

How Is The Global Beverage Multipack Shrink Film Market Segmented?

The beverage multipack shrink film market covered in this report is segmented –

1) By Type: Printed Shrink Film, Unprinted Shrink Film
2) By Material: Low-density polyethylene (LDPE), Linear low-density polyethylene (LLDPE), Polyvinyl Chloride (PVC), Other Materials
3) By Beverage Container Type: Aluminum Cans, Glass Bottles, Plastic Bottles, Bricks, Trayed Beverages, Other Beverage Container Types
4) By Distribution Channel: Direct Sales, Distributor
5) By Application: Beer, Water, Carbonated Soft Drinks (CSD), Other Applications

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The Beverage Multipack Shrink Film Global Market Report 2024 provides an overview of the beverage multipack shrink filmmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The beverage multipack shrink film market forecast analyzes beverage multipack shrink film market size, beverage multipack shrink film market share, leading competitor and their market positions.

The Table Of Content For The Beverage Multipack Shrink Film Market Include

1. Beverage Multipack Shrink Film Market Executive Summary
2. Beverage Multipack Shrink Film Market Segments
3. Beverage Multipack Shrink Film Market Size And Template Market Growth Rate
4.  Key Beverage Multipack Shrink Film Market Trends
5. Major Beverage Multipack Shrink Film Market Drivers
……
25. Key Mergers And Acquisitions In The Beverage Multipack Shrink Film Market
26. Top Beverage Multipack Shrink Film Companies
27. Beverage Multipack Shrink Film Market Opportunities And Strategies
28. Beverage Multipack Shrink Film Market, Conclusions And Recommendations
29. Appendix

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