Asia Pacific PVDC Shrink Bags Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Bag Type (Round Bottom Seal, Straight Bottom Seal, and Side Seal) and Application (Meat, Poultry and Seafood, Cheese and Other Dairy Products, and Others)
The PVDC shrink bags market in Asia Pacific is expected to grow from US$ 459.12 million in 2021 to US$ 597.83 million by 2028; it is estimated to grow at a CAGR of 3.8% from 2021 to 2028.
Online retail has been growing consistently. Various e-commerce trends are driving online retail. In Asia Pacific, many new online buyers were added in 2020. Moreover, the COVID-19 pandemic has transformed the way e-commerce functions. Many portals have experienced an incredible traffic boom. The e-commerce industry has witnessed impressive year-over-year growth. The pandemic has fast-tracked the growth of the e-commerce industry, with many consumers across the region have demonstrated a shift in buying patterns. The pandemic has helped to accelerate online purchases of meat products. Many people in India are preferring to buy meat online due to various services provided by online meat providers, such as the assurance of safety and hygiene, availability of multiple products under one umbrella, and doorstep services. Hence, the strong growth of the online retail sector in different countries across Asia Pacific is expected to create the demand for different packaging products, such as PVDC shrink bags, which would provide lucrative opportunities for the Asia Pacific PVDC shrink bags market in the coming years.
With the introduction of new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific PVDC shrink bags market at a substantial CAGR during the forecast period.
Asia Pacific PVDC Shrink Bags Market Revenue and Forecast to 2028 (US$ Million)
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Asia Pacific PVDC Shrink Bags Market Segmentation
The Asia Pacific PVDC shrink bags market is segmented on the basis of bag type, application, and country. Based on bag type, the market is segmented into round bottom seal, straight bottom seal, and side seal. In 2020, the round bottom seal segment held the largest share of the market, and it is expected to register the highest CAGR during the forecast period. Based on application, the Asia Pacific PVDC shrink bags market is segmented into meat, poultry and seafood, cheese and other dairy products, and others. In 2020, the meat segment held the largest market share, and it is also expected to register the highest CAGR in the market during the forecast period. By country, the Asia Pacific PVDC shrink bags market is segmented into Australia, China, India, Japan, South Korea, and the Rest of APAC. In 2020, China held the largest market share. The same country is expected to register the highest CAGR during the forecast period
B The Dow Chemical Company; ALLFO GMBH AND CO. KG; ASTAR PACKAGING PTE LTD; Sealed Air; PREMIUMPACK GMBH; Sunrise Packaging Material (Jiangyin) Co., Ltd; and EEZYPAK are among the leading companies in the Asia Pacific PVDC shrink bags market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.2.1 Asia Pacific PVDC Shrink Bags Market, by Bag Type
1.2.2 Asia Pacific PVDC Shrink Bags Market, by Application
1.2.3 Asia Pacific PVDC Shrink Bags Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.1.1 PVDC Shrink Bags Market, by Bag Type and Application
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Asia Pacific PVDC Shrink Bags Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Asia Pacific PVDC Shrink Bags Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Consumption of Meat, Poultry, and Seafood Products
5.1.2 Elevating Use of High Barrier Shrink Bags in Food Packaging
5.2 Market Restraints
5.2.1 Hazardous Effects of PVDC on Environment
5.3 Market Opportunities
5.3.1 Surging Growth of Online Retail Sector
5.4 Future Trends
5.4.1 Scaling Preferences Towards Convenience Packaging Products
5.5 Impact Analysis
6. Asia Pacific PVDC Shrink Bags Market Analysis
6.1 Asia Pacific PVDC Shrink Bags Market Overview
6.2 Asia Pacific PVDC Shrink Bags Market –Revenue and Forecast to 2028 (US$ Million)
7. Asia Pacific PVDC Shrink Bags Market Analysis – By Bag Type
7.1 Overview
7.2 Asia Pacific PVDC Shrink Bags Market, By Bag Type (2020 and 2028)
7.3 Round Bottom Seal
7.3.1 Overview
7.3.2 Round Bottom Seal: PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Straight Bottom Seal
7.4.1 Overview
7.4.2 Straight Bottom Seal: PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Side Seal
7.5.1 Overview
7.5.2 Side Seal: PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific PVDC Shrink Bags Market Analysis – By Application
8.1 Overview
8.2 Asia Pacific PVDC Shrink Bags Market, By Application (2020 and 2028)
8.3 Meat
8.3.1 Overview
8.3.2 Meat: PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Poultry and Seafood
8.4.1 Overview
8.4.2 Poultry and Seafood: PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Cheese and Other Dairy Products
8.5.1 Overview
8.5.2 Cheese and Other Dairy Products: PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific PVDC Shrink Bags Market – Country Analysis
9.1 Overview
9.1.1 Asia Pacific: PVDC Shrink Bags Market, by Key Country
9.1.1.1 Australia: PVDC Shrink Bags Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Australia: PVDC Shrink Bags Market, by Bag Type
9.1.1.1.2 Australia: PVDC Shrink Bags Market, by Application
9.1.1.2 China: PVDC Shrink Bags Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 China: PVDC Shrink Bags Market, by Bag Type
9.1.1.2.2 China: PVDC Shrink Bags Market, by Application
9.1.1.3 India: PVDC Shrink Bags Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 India: PVDC Shrink Bags Market, by Bag Type
9.1.1.3.2 India: PVDC Shrink Bags Market, by Application
9.1.1.4 Japan: PVDC Shrink Bags Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Japan: PVDC Shrink Bags Market, by Bag Type
9.1.1.4.2 Japan: PVDC Shrink Bags Market, by Application
9.1.1.5 South Korea: PVDC Shrink Bags Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 South Korea: PVDC Shrink Bags Market, by Bag Type
9.1.1.5.2 South Korea: PVDC Shrink Bags Market, by Application
9.1.1.6 Rest of APAC: PVDC Shrink Bags Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of APAC: PVDC Shrink Bags Market, by Bag Type
9.1.1.6.2 Rest of APAC: PVDC Shrink Bags Market, by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
11. Company Profiles
11.1 The Dow Chemical Company
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 ALLFO GMBH AND CO. KG
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 ASTAR PACKAGING PTE LTD
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 EEZYPAK
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 PREMIUMPACK GMBH
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Sealed Air
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Sunrise Packaging Material (Jiangyin) Co.,Ltd
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. Asia Pacific PVDC Shrink Bags Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Australia PVDC Shrink Bags Market, by Bag Type– Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia PVDC Shrink Bags Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. China PVDC Shrink Bags Market, by Bag Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. China PVDC Shrink Bags Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. India PVDC Shrink Bags Market, by Bag Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. India PVDC Shrink Bags Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Japan PVDC Shrink Bags Market, by Bag Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Japan PVDC Shrink Bags Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. South Korea PVDC Shrink Bags Market, by Bag Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. South Korea PVDC Shrink Bags Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of APAC PVDC Shrink Bags Market, by Bag Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of APAC PVDC Shrink Bags Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Glossary of Terms, Asia Pacific PVDC Shrink Bags Market
LIST OF FIGURES
Figure 1. Asia Pacific PVDC Shrink Bags Market Segmentation
Figure 2. Asia Pacific PVDC Shrink Bags Market Segmentation – By Country
Figure 3. Asia Pacific PVDC Shrink Bags Market Overview
Figure 4. Asia Pacific PVDC Shrink Bags Market, By Application
Figure 5. Asia Pacific PVDC Shrink Bags Market, by Country
Figure 6. Asia Pacific PVDC Shrink Bags Market, Industry Landscape
Figure 7. Porter's Five Forces Analysis
Figure 8. Asia Pacific PVDC Shrink Bags Market - Ecosystem
Figure 9. Expert Opinion
Figure 10. Asia Pacific PVDC Shrink Bags Market Impact Analysis of Drivers and Restraints
Figure 11. Asia Pacific PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Asia Pacific PVDC Shrink Bags Market Revenue Share, By Bag Type (2020 and 2028)
Figure 13. Round Bottom Seal: PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Straight Bottom Seal : PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Side Seal : PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Asia Pacific PVDC Shrink Bags Market Revenue Share, By Application (2020 and 2028)
Figure 17. Meat: PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Poultry and Seafood: PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Cheese and Other Dairy Products: PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: PVDC Shrink Bags Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Geographic Overview of Asia Pacific PVDC Shrink Bags Market
Figure 22. Asia Pacific: PVDC Shrink Bags Market Revenue Share, by Key Country (2020 and 2028)
Figure 23. Australia: PVDC Shrink Bags Market –Revenue and Forecast to 2028 (US$ Million)
Figure 24. China: PVDC Shrink Bags Market –Revenue and Forecast to 2028 (US$ Million)
Figure 25. India: PVDC Shrink Bags Market –Revenue and Forecast to 2028 (US$ Million)
Figure 26. Japan: PVDC Shrink Bags Market –Revenue and Forecast to 2028 (US$ Million)
Figure 27. South Korea: PVDC Shrink Bags Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. Rest of APAC: PVDC Shrink Bags Market –Revenue and Forecast to 2028 (US$ Million)
- B The Dow Chemical Company
- ALLFO GMBH AND CO. KG
- ASTAR PACKAGING PTE LTD
- Sealed Air
- PREMIUMPACK GMBH
- Sunrise Packaging Material (Jiangyin) Co.,Ltd
- EEZYPAK
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific PVDC shrink bags market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific PVDC shrink bags market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the PVDC shrink bags market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution