Shrink Plastic Film Market Size Estimated to Reach $3.1 Billion by 2025 The Increase in Usage of Plastic Film in the Packing and Storage of Different Types of Products and Increased Usage in the Food and Beverage Industries Is Driving the Shrink Plastic Film Market.
BriefingWire.com, 12/17/2020 - Shrink Plastic Film Market size is estimated to reach $3.1bn by 2025, growing at a CAGR of 3.5% during the forecast period 2020-2025. Shrink film, which is also called as shrink-wrap is made of plastic and is used to cover different types of products. On applying of heat over this wrap, the cover over the products gets hold firmly to the products. This heat can be applied using the electric or gas heat guns or the products wrapped with plastic shrink film are moved through a heat tunnel or conveyor. The shrink plastic films are manufactured with a wide variety of shrink ratios, strengths, clarities, and thicknesses. Plastic is highly used as it is durable,