Market Share Breakdown of Shrink Bundling Film Industry

Shrink Bundling Film Market Share Analysis Outlook 2025 to 2035

The shrink bundling film industry is evolving with the demand from companies for cost-effective, lightweight, and sustainable secondary packaging solutions. As the applications in food & beverage, pharmaceutical, and personal care sectors grow, manufacturers are concentrating on high-strength films, downgauged products, and green formulations. The trend toward recyclable and biodegradable shrink films is picking up pace as market regulations and consumer pressures push greener packaging solutions.ce 

Companies are embracing high-performance resin blends, multi-layer film technology, and smart packaging solutions to enhance durability and efficiency. The industry is shifting towards bio-based shrink films, low-energy seal films, and high-clarity formulations to enhance brand visibility and reduce carbon footprints.

Tier 1 players like Sealed Air, Berry Global, and Amcor have 36% market share due to their strong hold on high-performance shrink films, extensive geographic reach, and investment in green packaging technologies.

Tier 2 players like Coveris, AEP Industries, and Sigma Plastics Group hold 39% of the market through low-cost, high-clarity, and customized shrink bundling films for industries.

Tier 3 comprises local and niche players who are also leaders in compostable shrink films, high-barrier grades, and digitally printed shrink films with a market share of 25%. They focus on localized manufacturing, smart packaging features, and customized bundling alternatives.

Vendor Performance

Global Market Share by Key Players (2025)

Category	Market Share (%)
Top 3 (Sealed Air, Berry Global, Amcor)	17%
Rest of Top 5 (Coveris, AEP Industries)	10%
Next 5 of Top 10 (Sigma Plastics Group, Plastopil, Bonset America, PolyPak Packaging, Clondalkin Group)	9%

Market Concentration (2025E)

Segment Analysis

Powering Success in Leading Industries

The shrink bundling film industry serves multiple sectors where packaging strength, sustainability, and clarity are critical. Companies are developing advanced shrink bundling films to meet evolving consumer demands and environmental regulations.

• Food & Beverage: Improving product security and branding with high-clarity, low-gauge shrink films.
• Pharmaceuticals & Healthcare: Ensuring safety with tamper-evident and sterile shrink bundling films.
• Household & Personal Care: Enhancing shelf appeal with printed shrink films and customized bundling.
• Industrial & Logistics Packaging: Providing high-durability, moisture-resistant films for heavy-duty bundling.

Vendor-Driven Product Categories

Manufacturers are optimizing shrink bundling films with enhanced performance, eco-friendly materials, and digital printing innovations.

• High-Strength & Lightweight Shrink Films: Reducing material usage while maintaining load stability.
• Recyclable & Biodegradable Shrink Films: Meeting sustainability goals with compostable and PCR-based materials.
• Printed & Smart Shrink Bundling Films: Enhancing branding with digital printing and track-and-trace features.
• Multi-Layer & Barrier Shrink Films: Offering superior moisture and oxygen protection for perishable products.

Who Shaped the Year

Cost savings and sustainability are transforming the shrink bundling film industry. Companies are implementing AI-advanced extrusion, downgauged films, and solvent-less printing technology to enhance performance and reduce waste. Companies are developing ultra-thin high-strength films to lower plastic consumption without losing strength. Companies are expanding their portfolio of fully recyclable shrink bundling films to meet stringent environmental regulations. Companies are also deploying bio-based resins and water-based adhesives to improve recyclability and reduce carbon footprints.

Year-on-Year Leaders

• Sealed Air: Launched ultra-thin, high-strength recyclable shrink bundling films.
• Berry Global: Developed post-consumer recycled (PCR) content shrink films.
• Amcor: Expanded biodegradable and compostable shrink film solutions.
• Coveris: Innovated moisture-resistant, high-clarity bundling films for food packaging.
• AEP Industries: Strengthened its multi-layer, high-barrier shrink film portfolio.
• Sigma Plastics Group: Iintroduced digitally printed shrink bundling films for branding.
• Plastopil: Pioneered lightweight, energy-efficient shrink films for logistics packaging.

Recommendations for Technology Suppliers

Technology suppliers should focus on automation, sustainable resin formulations, and smart printing solutions to support the evolving shrink bundling film market. Partnering with food, beverage, and logistics brands will accelerate market growth.

• Sustainability Trends: Develop biodegradable, compostable, and fully recyclable shrink bundling films.
• Automation & Efficiency: Enhance production with AI-driven extrusion and precision sealing technology.
• Customization & Scalability: Offer digitally printed, tamper-evident, and high-clarity shrink film solutions.
• Regional Growth Dynamics: North America and Europe lead in sustainable packaging, while Asia-Pacific dominates cost-effective production.

Tier-Wise Vendor Classification (2025)

Tier Type	Example of Key Players
Tier 1	Sealed Air, Berry Global, Amcor
Tier 2	Coveris, AEP Industries, Sigma Plastics Group
Tier 3	Plastopil, Bonset America, PolyPak Packaging, Clondalkin Group

Key Company Initiatives

Leading manufacturers are advancing shrink bundling film technology with AI-driven production, sustainable materials, and enhanced performance features.

Manufacturer	Latest Developments
Sealed Air	Launched ultra-thin, recyclable shrink bundling films in March 2024.
Berry Global	Developed PCR-content shrink films for sustainability in April 2024.
Amcor	Expanded compostable shrink bundling films in May 2024.
Coveris	Released moisture-resistant, high-clarity bundling films in June 2024.
AEP Industries	Strengthened high-barrier, multi-layer shrink films in July 2024.
Sigma Plastics Group	Introduced digitally printed shrink bundling films in August 2024.
Plastopil	Pioneered lightweight, low-energy shrink films in September 2024.

Vendor Insights

The shrink bundling film market is evolving as companies invest in sustainability, automation, and high-performance materials.

• Sealed Air leads in ultra-thin, recyclable shrink bundling films.
• Berry Global pioneers PCR-content shrink films.
• Amcor specializes in biodegradable and compostable shrink bundling films.
• Coveris enhances moisture-resistant, high-clarity bundling films.
• AEP Industries advances multi-layer, high-barrier shrink films.
• Sigma Plastics Group innovates in digital-printed branding films.
• Plastopil develops lightweight, energy-efficient shrink films.

Future Roadmap

The market will keep on embracing AI-powered production, reusable films, and intelligent packaging technologies. Manufacturers will further develop lightweight shrink film materials to minimize the use of plastic. Companies will embrace bio-based polymers to achieve global sustainability goals.

Businesses will create ultra-thin high-strength shrink films for enhanced material efficiency. Intelligent packaging components will maximize supply chain tracking and brand interaction. Companies will also extend automated extrusion and sealing processes to enhance efficiency and product uniformity.

Table of Content

1. Executive Summary
2. Market Overview
3. Key Growth Drivers
4. Company Performance
   • Market Concentration
   • Segment Analysis
5. Key Highlights from the Forecast
6. Tier-Wise Company Classification
7. Key Company Initiatives
8. Recommendations for Technology Suppliers
9. Future Roadmap
10. FAQs