×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

PVDC Shrink Bag Market

ID: MRFR/PCM/35327-HCR
128 Pages
Snehal Singh
October 2025

PVDC Shrink Bag Market Research Report By Application (Food Packaging, Pharmaceutical Packaging, Cosmetic Packaging, Industrial Packaging), By Material Type (PVDC Coated Film, Multi-layer Barrier Films, Heat Shrinkable Films), By End Use Industry (Food Industry, Pharmaceutical Industry, Consumer Goods Industry), By Size (Small Size, Medium Size, Large Size) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035.

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

PVDC Shrink Bag Market Infographic
Purchase Options

PVDC Shrink Bag Market Summary

As per MRFR analysis, the PVDC Shrink Bag Market Size was estimated at 1.537 USD Billion in 2024. The PVDC Shrink Bag industry is projected to grow from 1.647 USD Billion in 2025 to 3.284 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 7.14 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The PVDC Shrink Bag Market is experiencing a dynamic shift towards sustainability and technological innovation.

  • The market is increasingly driven by a focus on sustainability, with manufacturers seeking eco-friendly packaging solutions.
  • North America remains the largest market for PVDC shrink bags, while Asia-Pacific is recognized as the fastest-growing region.
  • In the food packaging segment, PVDC shrink bags dominate, whereas the pharmaceutical packaging segment is witnessing rapid growth.
  • Key market drivers include the rising demand for food preservation and regulatory support for sustainable packaging initiatives.

Market Size & Forecast

2024 Market Size 1.537 (USD Billion)
2035 Market Size 3.284 (USD Billion)
CAGR (2025 - 2035) 7.14%

Major Players

Sealed Air Corporation (US), Amcor plc (GB), Berry Global Inc. (US), Clondalkin Group Holdings B.V. (NL), Coveris Holdings S.A. (US), Kraton Corporation (US), Mondi Group plc (GB), Schur Flexibles Group (AT), Sappi Lanaken Mills (BE)

PVDC Shrink Bag Market Trends

The PVDC Shrink Bag Market is currently experiencing a notable transformation, driven by evolving consumer preferences and increasing demand for sustainable packaging solutions. As industries seek to enhance product shelf life while minimizing environmental impact, PVDC shrink bags are emerging as a viable option. These bags offer excellent barrier properties, which help in preserving the freshness and quality of various products, particularly in the food sector. Furthermore, the versatility of PVDC shrink bags allows for their application across multiple industries, including pharmaceuticals and cosmetics, thereby broadening their market appeal. In addition to sustainability, technological advancements are playing a crucial role in shaping the PVDC Shrink Bag Market. Innovations in manufacturing processes and materials are enhancing the performance characteristics of these bags, making them more efficient and cost-effective. As companies strive to meet regulatory requirements and consumer expectations, the integration of smart packaging technologies is also gaining traction. This trend indicates a shift towards more intelligent solutions that not only protect products but also provide valuable information to consumers. Overall, the PVDC Shrink Bag Market appears poised for growth, driven by a combination of sustainability, innovation, and consumer demand.

Sustainability Focus

The emphasis on eco-friendly packaging solutions is becoming increasingly pronounced within the PVDC Shrink Bag Market. Companies are exploring biodegradable and recyclable materials to align with consumer preferences for sustainable products. This trend reflects a broader movement towards reducing plastic waste and enhancing environmental responsibility.

Technological Advancements

Innovations in production techniques and materials are significantly impacting the PVDC Shrink Bag Market. Enhanced barrier properties and improved manufacturing processes are leading to more efficient and cost-effective solutions. This trend suggests that companies are investing in technology to meet evolving market demands.

Smart Packaging Integration

The incorporation of smart packaging technologies is emerging as a noteworthy trend in the PVDC Shrink Bag Market. These advancements allow for better product tracking and consumer engagement, providing additional value beyond traditional packaging. This shift indicates a growing interest in enhancing the consumer experience through innovative solutions.

PVDC Shrink Bag Market Drivers

Rising Demand for Food Preservation

The increasing emphasis on food preservation is a primary driver for the PVDC Shrink Bag Market. As consumers become more health-conscious, the need for effective packaging solutions that extend shelf life and maintain product quality is paramount. PVDC shrink bags offer excellent barrier properties against moisture, oxygen, and light, which are critical for preserving food freshness. According to recent data, the food packaging sector is projected to grow at a compound annual growth rate of approximately 4.5% over the next few years. This growth is likely to bolster the demand for PVDC shrink bags, as manufacturers seek reliable packaging solutions that meet consumer expectations for quality and safety.

Growth in E-commerce and Online Retail

The expansion of e-commerce and online retail platforms is significantly influencing the PVDC Shrink Bag Market. As more consumers opt for online shopping, the need for secure and efficient packaging solutions has surged. PVDC shrink bags are increasingly utilized for packaging a variety of products, ensuring they arrive intact and undamaged. The e-commerce sector has experienced a remarkable increase, with estimates suggesting a growth rate of around 15% annually. This trend indicates a robust demand for PVDC shrink bags, as businesses strive to enhance customer satisfaction through reliable packaging that protects products during transit.

Increased Focus on Aesthetic Packaging

The aesthetic appeal of packaging plays a crucial role in consumer purchasing decisions, driving the PVDC Shrink Bag Market. Retailers and manufacturers are increasingly recognizing the importance of visually appealing packaging that attracts consumers. PVDC shrink bags can be customized with vibrant colors and designs, enhancing product visibility on shelves. This trend is particularly evident in the food and beverage sector, where packaging aesthetics can significantly influence consumer choices. Market analysis indicates that companies investing in attractive packaging solutions are likely to see a rise in sales, thereby propelling the demand for PVDC shrink bags as a preferred packaging option.

Technological Innovations in Packaging

Technological advancements in packaging materials and processes are significantly impacting the PVDC Shrink Bag Market. Innovations such as improved barrier properties, enhanced sealing techniques, and the integration of smart packaging technologies are reshaping the landscape. These advancements not only improve the functionality of PVDC shrink bags but also cater to the evolving needs of manufacturers and consumers. The market for advanced packaging solutions is projected to grow, with estimates indicating a potential increase of 6% annually. This growth is likely to stimulate further investment in PVDC shrink bags, as companies seek to leverage technology to enhance product protection and consumer engagement.

Regulatory Support for Sustainable Packaging

Regulatory frameworks promoting sustainable packaging solutions are emerging as a key driver for the PVDC Shrink Bag Market. Governments and organizations are increasingly advocating for environmentally friendly packaging materials, which has led to a shift in consumer preferences. PVDC shrink bags, known for their recyclability and reduced environmental impact, align well with these regulatory trends. As sustainability becomes a focal point for businesses, the demand for PVDC shrink bags is expected to rise. Recent studies suggest that companies adopting sustainable packaging practices can enhance their brand image and appeal to environmentally conscious consumers, further driving market growth.

Market Segment Insights

By Application: Food Packaging (Largest) vs. Pharmaceutical Packaging (Fastest-Growing)

In the PVDC Shrink Bag Market, the application segment showcases a significant distribution of market share across various categories, with food packaging holding the largest portion. This dominance is mainly due to the growing demand for better preservation and shelf-life of food products, alongside the increasing preference for convenience packaging among consumers. On the other hand, pharmaceutical packaging is rapidly catching up, reflecting a promising future as the industry strives for safer packaging solutions that maintain product integrity and compliance with regulatory standards.

Food Packaging: Dominant vs. Pharmaceutical Packaging: Emerging

Food packaging stands as the dominant force in the PVDC Shrink Bag Market, attributed to its substantial adoption driven by evolving consumer habits and the insatiable demand for fresh, high-quality products. This segment benefits from the expanding retail landscape and increasing disposable incomes, which allow for higher expenditure on packed food items. Conversely, pharmaceutical packaging is emerging as a significant player, propelled by a surge in health-conscious consumers and stringent regulations aimed at enhancing medication safety. The dual focus on product protection and aesthetic appeal positions these segments distinctively to cater to diverse market needs.

By Material Type: PVDC Coated Film (Largest) vs. Multi-layer Barrier Films (Fastest-Growing)

The PVDC Shrink Bag Market is characterized by significant competition among various material types, with PVDC Coated Film holding the largest market share. This segment is favored for its excellent barrier properties that protect perishable goods from moisture and gases. Multi-layer Barrier Films have emerged as a compelling option, gaining traction due to their versatile applications across various industries, which cater to diverse consumer needs. Heat Shrinkable Films, though impactful, occupy a smaller segment in terms of market share but still contribute to the competitive landscape.

Material Type: PVDC Coated Film (Dominant) vs. Multi-layer Barrier Films (Emerging)

PVDC Coated Film remains the dominant choice within the PVDC Shrink Bag Market, celebrated for its superior moisture and oxygen barrier capabilities that enhance product shelf life. Its application is wide-ranging, impacting sectors such as food packaging and pharmaceuticals. Conversely, Multi-layer Barrier Films are recognized as an emerging segment due to their adaptable and multifunctional characteristics, which allow manufacturers to tailor solutions for specific packaging challenges. These films are quickly becoming a preferred choice for brands looking for lightweight and sustainable options, positioning themselves effectively against traditional materials and demonstrating robust growth potential.

By End Use Industry: Food Industry (Largest) vs. Pharmaceutical Industry (Fastest-Growing)

In the PVDC Shrink Bag Market, the Food Industry holds the largest market share, driven by the demand for effective preservation and protection of perishable goods. The versatility and moisture barrier properties of PVDC shrink bags make them an ideal choice for various food applications ranging from meats to bakery products. Conversely, the Pharmaceutical Industry, while smaller in comparison, is the fastest-growing segment, as it increasingly adopts PVDC shrink bags for packaging sensitive medications that require high levels of moisture and oxygen control. This growth is fueled by rising health concerns and a boom in new drug products requiring specialized packaging solutions. As consumer preferences shift toward higher quality and safety in food and pharmaceuticals, the demand for innovative packaging solutions is on the rise. The Food Industry's dominance is complemented by its established use in traditional food packaging, while the Pharmaceutical Industry's rapid expansion is driven by advancements in drug formulation and an increasing focus on regulatory compliance. The push for sustainability and recyclable packaging also influences both segments, as manufacturers seek out eco-friendly solutions to meet market demands and government regulations.

Food Industry (Dominant) vs. Pharmaceutical Industry (Emerging)

The Food Industry remains the dominant force in the PVDC Shrink Bag Market due to its extensive application across various food products. This segment benefits from the need for reliable packaging solutions that enhance shelf life and maintain product integrity, increasingly prioritizing convenience and safety. Enhanced characteristics such as barrier properties against moisture and gases give PVDC bags a competitive edge. On the other hand, the Pharmaceutical Industry is viewed as an emerging segment that is rapidly adopting PVDC shrink bags for their ability to protect temperature-sensitive drugs and provide tamper-evident seals. The shift towards personalized medicine and increasing research and development in pharmaceuticals are key factors propelling demand. With regulatory guidelines becoming more stringent, the need for tailored packaging solutions that meet these requirements is driving innovation and growth in this segment.

By Size: Medium Size (Largest) vs. Small Size (Fastest-Growing)

The PVDC shrink bag market shows a clear distinction in size preferences. The medium size segment currently holds the largest market share, appealing to a wide range of consumers and industries due to its versatile applications. Following closely, the small size segment is rapidly gaining traction, meeting the needs of niche markets. This distribution highlights the importance of size in customer decision-making within the PVDC shrink bag market, focusing on practicality and specific requirements.

Medium Size (Dominant) vs. Small Size (Emerging)

In the PVDC shrink bag market, the medium size segment is characterized by its adaptability and caters to a broad spectrum of products, thus cementing its dominant position. This segment excels in providing adequate protection and preservation for various goods, making it a favored choice for manufacturers. On the other hand, the small size segment is emerging quickly, driven by the growing trend for convenience and compact packaging solutions. As consumer preferences shift towards smaller packaging options that reduce waste and enhance portability, the small size segment is perfectly positioned to capture this demand and is expected to see substantial growth.

Get more detailed insights about PVDC Shrink Bag Market

Regional Insights

North America : Innovation and Sustainability Focus

The North American PVDC shrink bag market is driven by increasing demand for sustainable packaging solutions and stringent food safety regulations. The region holds the largest market share at approximately 40%, with the U.S. being the primary contributor. The growing trend towards eco-friendly materials and innovations in packaging technology are significant growth drivers. Regulatory support for sustainable practices further enhances market potential. Leading countries in this region include the United States and Canada, where major players like Sealed Air Corporation and Berry Global Inc. dominate the landscape. The competitive environment is characterized by continuous innovation and strategic partnerships among key players. The presence of advanced manufacturing facilities and a strong distribution network further solidifies North America's position in the PVDC shrink bag market.

Europe : Regulatory-Driven Market Growth

Europe is witnessing robust growth in the PVDC shrink bag market, driven by stringent regulations on packaging waste and a strong consumer preference for sustainable products. The region holds the second-largest market share at around 30%. The European Union's commitment to reducing plastic waste and promoting circular economy principles acts as a catalyst for market expansion, encouraging manufacturers to innovate and adopt eco-friendly materials. Key players in Europe include Amcor plc and Mondi Group plc, with significant operations across various countries. Germany, France, and the Netherlands are leading markets, characterized by a competitive landscape that emphasizes sustainability and innovation. The presence of regulatory bodies ensures compliance and drives the adoption of advanced packaging solutions, positioning Europe as a leader in the PVDC shrink bag market.

Asia-Pacific : Emerging Market Potential

The Asia-Pacific region is emerging as a significant player in the PVDC shrink bag market, driven by rapid industrialization and increasing consumer demand for packaged goods. This region holds a market share of approximately 20%, with countries like China and India leading the charge. The growing food and beverage sector, coupled with rising disposable incomes, is propelling demand for innovative packaging solutions, including PVDC shrink bags. China is the largest market in this region, supported by a robust manufacturing base and a growing emphasis on food safety. India follows closely, with increasing investments in packaging technology. The competitive landscape features both local and international players, including Clondalkin Group Holdings and Coveris Holdings, who are focusing on expanding their product offerings to meet the diverse needs of consumers in this dynamic market.

Middle East and Africa : Resource-Rich Market Dynamics

The Middle East and Africa region is witnessing gradual growth in the PVDC shrink bag market, driven by increasing urbanization and a growing retail sector. This region holds a market share of about 10%. The demand for packaged food products is rising, supported by changing consumer lifestyles and preferences. Additionally, government initiatives to enhance food safety standards are acting as catalysts for market growth. Countries like South Africa and the UAE are leading the market, characterized by a mix of local and international players. The competitive landscape is evolving, with companies focusing on innovation and sustainability to capture market share. Key players such as Schur Flexibles Group and Sappi Lanaken Mills are actively expanding their presence in this region, contributing to the overall growth of the PVDC shrink bag market.

PVDC Shrink Bag Market Regional Image

Key Players and Competitive Insights

The PVDC Shrink Bag Market is currently characterized by a dynamic competitive landscape, driven by increasing demand for high-barrier packaging solutions across various sectors, including food, pharmaceuticals, and consumer goods. Key players such as Sealed Air Corporation (US), Amcor plc (GB), and Berry Global Inc. (US) are strategically positioned to leverage innovation and sustainability in their operations. Sealed Air Corporation (US) focuses on enhancing its product offerings through advanced materials technology, while Amcor plc (GB) emphasizes sustainable packaging solutions, aligning with global environmental goals. Berry Global Inc. (US) is actively pursuing regional expansion and digital transformation initiatives, which collectively shape a competitive environment that prioritizes innovation and responsiveness to market needs.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. The PVDC Shrink Bag Market appears moderately fragmented, with several key players exerting influence over pricing and product development. This competitive structure allows for a diverse range of offerings, yet it also necessitates that companies continuously innovate to maintain market share and meet evolving consumer preferences.

In August 2025, Sealed Air Corporation (US) announced the launch of a new line of eco-friendly PVDC shrink bags designed to reduce plastic waste. This strategic move not only aligns with the growing consumer demand for sustainable packaging but also positions Sealed Air as a leader in environmentally responsible solutions. The introduction of these products is likely to enhance the company's market presence and appeal to environmentally conscious consumers.

In September 2025, Amcor plc (GB) revealed a partnership with a leading food manufacturer to develop customized PVDC shrink bags that extend shelf life while minimizing environmental impact. This collaboration underscores Amcor's commitment to innovation and sustainability, potentially setting a new standard in the industry. By aligning with major food brands, Amcor is likely to strengthen its market position and drive further adoption of its sustainable packaging solutions.

In July 2025, Berry Global Inc. (US) expanded its manufacturing capabilities in Eastern Europe, aiming to enhance its production efficiency and meet the rising demand for PVDC shrink bags in the region. This expansion reflects Berry's strategic focus on regional growth and supply chain optimization, which may provide a competitive edge in a market that is increasingly sensitive to local production capabilities.

As of October 2025, the PVDC Shrink Bag Market is witnessing trends such as digitalization, sustainability, and the integration of artificial intelligence in production processes. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and collaboration. Looking ahead, it appears that competitive differentiation will increasingly hinge on technological advancements and supply chain reliability, moving away from traditional price-based competition. Companies that prioritize innovation and sustainability are likely to emerge as leaders in this evolving market.

Key Companies in the PVDC Shrink Bag Market market include

Industry Developments

Recent developments in the PVDC Shrink Bag Market indicate robust growth driven by increased demand for food packaging and other consumer goods. Companies like Mondi Group and Coveris are actively enhancing their production capacities, focusing on sustainability and innovative packaging solutions that cater to environmental regulations. Meanwhile, Schur Flexibles and Wipak Group are exploring new biodegradable materials to meet consumer preferences for eco-friendly products. Noteworthy mergers and acquisitions are reshaping the market landscape, particularly with Kraft Foods and Sealed Air consolidating their positions through strategic partnerships to expand product offerings.

Additionally, AEP Industries and Bemis Company are pursuing collaborative ventures to improve technology and performance standards in PVDC shrink bags. As companies such as Dunmore Corporation and Clondalkin Group leverage advanced manufacturing technologies, the market sees an increase in competitive pricing and product diversity. The overall valuation of the market is experiencing notable growth, driven by technological advancements and heightened consumer awareness regarding packaging solutions, thereby impacting the supply chain dynamics significantly.

Future Outlook

PVDC Shrink Bag Market Future Outlook

The PVDC Shrink Bag Market is projected to grow at a 7.14% CAGR from 2024 to 2035, driven by increasing demand for food preservation and sustainable packaging solutions.

New opportunities lie in:

  • Expansion into emerging markets with tailored product offerings.
  • Development of biodegradable PVDC alternatives to meet sustainability demands.
  • Investment in advanced manufacturing technologies to enhance production efficiency.

By 2035, the PVDC Shrink Bag Market is expected to achieve robust growth, solidifying its position in the packaging industry.

Market Segmentation

PVDC Shrink Bag Market Size Outlook

  • Small Size
  • Medium Size
  • Large Size

PVDC Shrink Bag Market Application Outlook

  • Food Packaging
  • Pharmaceutical Packaging
  • Cosmetic Packaging
  • Industrial Packaging

PVDC Shrink Bag Market Material Type Outlook

  • PVDC Coated Film
  • Multi-layer Barrier Films
  • Heat Shrinkable Films

PVDC Shrink Bag Market End Use Industry Outlook

  • Food Industry
  • Pharmaceutical Industry
  • Consumer Goods Industry

Report Scope

MARKET SIZE 20241.537(USD Billion)
MARKET SIZE 20251.647(USD Billion)
MARKET SIZE 20353.284(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)7.14% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesGrowing demand for sustainable packaging solutions drives innovation in the PVDC Shrink Bag Market.
Key Market DynamicsRising demand for sustainable packaging solutions drives innovation in the PVDC Shrink Bag Market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Leave a Comment

FAQs

What is the projected market valuation of the PVDC Shrink Bag Market by 2035?

The PVDC Shrink Bag Market is projected to reach a valuation of 3.284 USD Billion by 2035.

What was the market valuation of the PVDC Shrink Bag Market in 2024?

In 2024, the market valuation of the PVDC Shrink Bag Market was 1.537 USD Billion.

What is the expected CAGR for the PVDC Shrink Bag Market during the forecast period 2025 - 2035?

The expected CAGR for the PVDC Shrink Bag Market during the forecast period 2025 - 2035 is 7.14%.

Which application segment is projected to have the highest valuation in 2035?

The Food Packaging segment is projected to reach a valuation of 1.6 USD Billion in 2035.

What are the projected valuations for the Pharmaceutical Packaging segment by 2035?

The Pharmaceutical Packaging segment is expected to reach a valuation of 0.8 USD Billion by 2035.

Which material type is anticipated to dominate the PVDC Shrink Bag Market by 2035?

The PVDC Coated Film material type is anticipated to dominate, with a projected valuation of 0.95 USD Billion by 2035.

What is the expected market size for the Medium Size segment by 2035?

The Medium Size segment is expected to reach a market size of 1.31 USD Billion by 2035.

Which key player is recognized as a leader in the PVDC Shrink Bag Market?

Sealed Air Corporation is recognized as a leading player in the PVDC Shrink Bag Market.

What is the projected valuation for the Consumer Goods Industry segment by 2035?

The Consumer Goods Industry segment is projected to reach a valuation of 0.384 USD Billion by 2035.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions