” Preform Shrink Bands Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025″ is the latest addition to MarketResearchReports.Biz industry research reports collection.
The main objective of this report is to define, describe, and forecast the global “Preform Shrink Bands” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Global Preform Shrink Bands Market: Overview
Today, across the globe, packaging convenience in terms of product buying has emerged as one of the decisive factors. Shrink bands form an ideal sealing solution for multi-pack applications. Preform shrink bands are pre-molded to the shape of your container and makes a perfect tamper-evident, safe and secure seal that fits for almost any shaped container. Also, preform shrink bands can be manufactured in any standard shapes such as round, triangular, rectangular, orthogonal, etc. and even to a great quantity.
Global Preform Shrink Bands Market: Drivers & Restraints
The global market for preform shrink bands is likely to be driven by a significant rise in consumption of packaged food & beverages products. The growth in the sophisticated consumer demanding for the packaging seals that is lightweight, tamper-evident and safety has thus lead to growing applications of preform shrink bands. Perform shrink bands have emerged as an asset in the packaging world as a safe & economical sealing solution; serving value to the packaged food manufacturers. Additionally, other key aspects are the increasing number of work-class population in the urban region with rising disposable income. All these above factors fuel the preform shrink bands market across the globe. On the other hand, the growing inclination towards newer formats of packaging such as pouches and wraps hinders the growth of preform shrink bands market.
Global Preform Shrink Bands Market: Segmentation
The global preform shrink bands market is segmented as follows
On the basis of product type, the global preform shrink bands market is segmented into:
Printed preforms shrink bands
Perforated preform shrink bands
Seamed preform shrink bands
On the basis of material type, the global preform shrink bands market is segmented into:
Polyvinyl chloride (PVC)
Polyethylene terephthalate (PET)
Polylactic acid (PLA)
Oriented Polystyrene (OPS)
On the basis of thickness, the global preform shrink bands market is segmented into:
Below 1 mm
1 mm – 3 mm
3 mm – 5 mm
Above 5 mm
On the basis of applications, the global preform shrink bands market is segmented into:
Fruits & Vegetables
Meat Processed Products
Grain Mill Products
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Global Preform Shrink Bands Market: Regional Overview
Geographically, the global preform shrink bands market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and the Middle East & Africa (MEA).
In contrast to regions mentioned above, North America is likely to hold a significant market share and is expected to dominate the global preform shrink bands market throughout the forecast period as it provides a better infrastructure for stocking of ready to consume food. The European food storage containers market is an established market, and hence, the preform shrink bands market are expected to witness inline growth during the forecast period. Food & beverages industry in Asia is intended to experience an astonishing growth and keeping this in consideration, the demand for shrink bands in APAC region is likely to witness a double-digit growth during the forecast period. Owing to the growth prospects in the organized retail industry, the Latin America is thus expected to witness a striking growth over the forecast period
Largely, the global preform shrink bands market is projected to register a healthy growth rate during the forecast period.
Global Preform Shrink Bands Market: Key Players
Some key players that currently operate in preform shrink bands market across the globe are R.B. Dwyer Company, Inc., American Film & Machinery., Zoltech Packaging., Excel Packaging Equipment., MPI Label Systems, Aaron Packaging, Inc., Crystal Vision Packaging., Gmpak Enterprises Corporation, Ameri-Seal, Inc., Traco Manufacturing, Inc., and many more.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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