Polyolefin (POF) shrink film is a class of polymerbased shrink wrap produced from olefin-based resins such as polyethylene (PE) and polypropylene (PP). This material is widely used in packaging applications due to its high clarity, durability, and strong shrink performance.
MARKET SIZE (2024):
APPROXIMATELY USD 5763.40
MILLION
PROJECTED MARKET SIZE (2032): AROUND USD 7482.73
MILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 3.80% DURING THE FORECAST PERIOD.
By Type
General-Purpose POF Shrink Film
Cross-Linked POF Shrink Film
By Application
Food & Beverage Packaging
Consumer Goods Packaging
Pharmaceuticals
Industrial Packaging
Others
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
Emerging markets with rising health awareness.
Steady growth, focus on clean-label products.
Strong market, led by functional and vegan foods.
Fastest-growing, driven by plantbased food demand.
