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Preform Shrink Band Trends and Forecast
The future of the global preform shrink band market looks promising with opportunities in the industrial and commercial markets. The global preform shrink band market is expected to grow with a CAGR of 12.8% from 2024 to 2030. The major drivers for this market are tamper-evident and leak-proof packaging and adoption in food and beverage industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Preform Shrink Band by Segment
The study includes a forecast for the global preform shrink band by type, application, and region.
Preform Shrink Band Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Universal
• Custom Made
Preform Shrink Band Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Industrial
• Commercial
• Others
Preform Shrink Band Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Preform Shrink Band Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies preform shrink band companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the preform shrink band companies profiled in this report include-
• CCL Industries
• Berlin Packaging Company
• U.S. Plastic Corporation Company
• Tricorbraun
• Pipeline Packaging
• Klockner Pentaplast
• Tamper Technologies
Preform Shrink Band Market Insights
Lucintel forecasts that universal is expected to witness the highest growth over the forecast period due to faster production and delivery.
Within this market, industrial will remain the largest segment due to higher demand for industrial packaging.
North America is expected to witness highest growth over the forecast period due to rapid industrialization and growing disposable incomes.
Features of the Global Preform Shrink Band Market
Market Size Estimates: Preform shrink band market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Preform shrink band market size by various segments, such as by type, application, 0, 0, and region in terms of value ($B).
Regional Analysis: Preform shrink band market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, 0, 0, and regions for the preform shrink band market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the preform shrink band market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for preform shrink band market?
Answer: The global preform shrink band market is expected to grow with a CAGR of 12.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the preform shrink band market?
Answer: The major drivers for this market are tamper-evident and leak-proof packaging and adoption in food and beverage industry.
Q3. What are the major segments for preform shrink band market?
Answer: The future of the preform shrink band market looks promising with opportunities in the industrial and commercial markets.
Q4. Who are the key preform shrink band market companies?
Answer: Some of the key preform shrink band companies are as follows:
• CCL Industries
• Berlin Packaging Company
• U.S. Plastic Corporation Company
• Tricorbraun
• Pipeline Packaging
• Klockner Pentaplast
• Tamper Technologies
Q5. Which preform shrink band market segment will be the largest in future?
Answer: Lucintel forecasts that universal is expected to witness the highest growth over the forecast period due to faster production and delivery.
Q6. In preform shrink band market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to rapid industrialization and growing disposable incomes.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the preform shrink band market by type (universal and custom made), application (industrial, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Preform Shrink Band Market, Preform Shrink Band Market Size, Preform Shrink Band Market Growth, Preform Shrink Band Market Analysis, Preform Shrink Band Market Report, Preform Shrink Band Market Share, Preform Shrink Band Market Trends, Preform Shrink Band Market Forecast, Preform Shrink Band Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Preform Shrink Band Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Preform Shrink Band Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Preform Shrink Band Market by Type
3.3.1: Universal
3.3.2: Custom Made
3.4: Global Preform Shrink Band Market by Application
3.4.1: Industrial
3.4.2: Commercial
3.4.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Preform Shrink Band Market by Region
4.2: North American Preform Shrink Band Market
4.2.2: North American Preform Shrink Band Market by Application: Industrial, Commercial, and Others
4.3: European Preform Shrink Band Market
4.3.1: European Preform Shrink Band Market by Type: Universal and Custom Made
4.3.2: European Preform Shrink Band Market by Application: Industrial, Commercial, and Others
4.4: APAC Preform Shrink Band Market
4.4.1: APAC Preform Shrink Band Market by Type: Universal and Custom Made
4.4.2: APAC Preform Shrink Band Market by Application: Industrial, Commercial, and Others
4.5: ROW Preform Shrink Band Market
4.5.1: ROW Preform Shrink Band Market by Type: Universal and Custom Made
4.5.2: ROW Preform Shrink Band Market by Application: Industrial, Commercial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Preform Shrink Band Market by Type
6.1.2: Growth Opportunities for the Global Preform Shrink Band Market by Application
6.1.3: Growth Opportunities for the Global Preform Shrink Band Market by Region
6.2: Emerging Trends in the Global Preform Shrink Band Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Preform Shrink Band Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Preform Shrink Band Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: CCL Industries
7.2: Berlin Packaging Company
7.3: U.S. Plastic Corporation Company
7.4: TricorBraun
7.5: Pipeline Packaging
7.6: Klockner Pentaplast
7.7: Tamper Technologies
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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