The global cross-linked shrink films market is anticipated to expand at a CAGR of ~4.1%, during the forecast period.
The cross-linked shrink films market is expected to witness a soaring growth in 2031 in regard to its strength, high puncture & tear resistance capacity, clarity, versatility, and other benefits. A new forecast by FMI estimates that cross-linked shrink films revenues will nearly double between 2021 and 2031, reaching a million dollars in 2031 with a CAGR of 4.1%
The cross-linked polymers are the discovery of the 1880s during the search of finding the way to invent stabilize rubber by Charles Goodyear. The cross-linked shrink films are the flexible packaging material used for various applications.
The cross-linked shrink films are made from polyethylene (LDPE/HDPE) or polypropylene material. These cross-linked shrink films possess exceptional strength, high puncture resistance capacity, toughness, and tear resistance capacity. Moreover, the cross-linked shrink films are recyclable and user-friendly products.
The cross-linked shrink films offer 100% transparency and clarity. The cross-linked shrink films are applicable for every type of machines such as shrink wrapping machines, sealers, and other types of wrapping machines. This factor doubles the attractiveness of the cross-linked shrink film market among the end-use industries.
The cross-linked shrink films due to their toughness and strength can be also used for sharp edge or irregular products for protecting the products as well as offer product integrity to packages. Combining all the characteristics and benefits offered, the sales for cross-linked shrink films is anticipated to increase during the forecasted period.
The cross-linked shrink films have wide application among various end-use industries such as food & beverage, personal care, household, and others due to their excellent strength which increases the scope for cross-linked shrink film market.
The cross-linked shrink films also offer stronger seals as compared to ordinary shrink films, this helps in protecting the packages from damage while in transit. The cross-linked shrink films do not contain toxic material or odour which are best suitable for food & beverage industries as can be used in direct contact with food items.
Also, these films offer unique properties such as requires less shrink force, low cost of packaging as excellent machinability, light gauge, and others. On the back of these factors, the demand for cross-linked shrink films is projected to propel in future.
The end-use industries demand cost-effective as well as user-friendly packaging solutions for their products. The cross-linked shrink films offer the benefits they are demanded by the end-use industries as cost-effective, flexible, and user-friendly.
Also, the everyday introduction of a new product by the end-use industries generate a growth opportunity for the cross-linked shrink film market. The wide scope offered by cross-linked shrink film itself generates the growth opportunity along with some development of products requiring transparency and flexible packaging.
The global key players for cross-linked shrink films are
Some of the Asia Pacific players include
Most of the key players are planning for two fold investments in R&D activities to meet sustainability goals. Along with this primary target, they are also emphasizing on business expansion in the untapped market.
The key strategies adopted by key manufacturing players are: -
The United States is the developed and mature market is anticipated to generate the sales of cross-linked shrink films with the rising product innovation in food & beverage, pharmaceutical, cosmetic, and other industries which will require the packaging material to protect the product. Also, the key players are expanding their presence in the United States to cater for the increasing demand, this will push the sales of cross-linked shrink films in the United States.
The cross-linked shrink films are been approved by Food and Drug Administration (FDA) to be used in direct contact with food & beverage products as they do not contain any toxic material, therefore it is majorly in demand by the food & beverage industries.
The food and beverage industries in India and China are growing at a larger scale. The import-export of food & beverage products is also increasing in these countries. This states that demand for cross-linked shrink films is expected to ripe in these countries back on the development of food & beverage industries.
The COVID pandemic affected almost every industry except the pharmaceutical and food industries. The spread of the virus leads to the closure of various activities including trade activities. The trade moments were low during this pandemic which impacted various markets along with the cross-linked shrink films market.
The cross-linked shrink films market was not major affected by the COVID pandemic due to its major application in the food & beverage industry. But, due to a decrease in operation and shipping, the demand for cross-linked shrink film was lowered. With the scenario slowly getting favorable, the sales of cross-linked shrink films is increasing among the end-use industries. The future market for cross-linked shrink films is forecasted to boost during the forecasted period.
Our Research Products
The "Full Research Suite" delivers actionable market intel, deep dives on markets or technologies, so clients act faster, cut risk, and unlock growth.
The Leaderboard benchmarks and ranks top vendors, classifying them as Established Leaders, Leading Challengers, or Disruptors & Challengers.
Locates where complements amplify value and substitutes erode it, forecasting net impact by horizon
We deliver granular, decision-grade intel: market sizing, 5-year forecasts, pricing, adoption, usage, revenue, and operational KPIs—plus competitor tracking, regulation, and value chains—across 60 countries broadly.
Spot the shifts before they hit your P&L. We track inflection points, adoption curves, pricing moves, and ecosystem plays to show where demand is heading, why it is changing, and what to do next across high-growth markets and disruptive tech
Real-time reads of user behavior. We track shifting priorities, perceptions of today’s and next-gen services, and provider experience, then pace how fast tech moves from trial to adoption, blending buyer, consumer, and channel inputs with social signals (#WhySwitch, #UX).
Partner with our analyst team to build a custom report designed around your business priorities. From analysing market trends to assessing competitors or crafting bespoke datasets, we tailor insights to your needs.
Supplier Intelligence
Discovery & Profiling
Capacity & Footprint
Performance & Risk
Compliance & Governance
Commercial Readiness
Who Supplies Whom
Scorecards & Shortlists
Playbooks & Docs
Category Intelligence
Definition & Scope
Demand & Use Cases
Cost Drivers
Market Structure
Supply Chain Map
Trade & Policy
Operating Norms
Deliverables
Buyer Intelligence
Account Basics
Spend & Scope
Procurement Model
Vendor Requirements
Terms & Policies
Entry Strategy
Pain Points & Triggers
Outputs
Pricing Analysis
Benchmarks
Trends
Should-Cost
Indexation
Landed Cost
Commercial Terms
Deliverables
Brand Analysis
Positioning & Value Prop
Share & Presence
Customer Evidence
Go-to-Market
Digital & Reputation
Compliance & Trust
KPIs & Gaps
Outputs
Full Research Suite comprises of:
Market outlook & trends analysis
Interviews & case studies
Strategic recommendations
Vendor profiles & capabilities analysis
5-year forecasts
8 regions and 60+ country-level data splits
Market segment data splits
12 months of continuous data updates
DELIVERED AS:
PDF EXCEL ONLINE
Stretch and Shrink Films Market Size and Share Forecast Outlook 2025 to 2035
United States & Canada Collation Shrink Films Market Size and Share Forecast Outlook 2025 to 2035
Shrink Wrapping Machines Market Size and Share Forecast Outlook 2025 to 2035
Shrink Wrapper Market Size and Share Forecast Outlook 2025 to 2035
Shrink Sleeve Label Applicator Market Size and Share Forecast Outlook 2025 to 2035
Shrink Sleeve Labeling Machine Size and Share Forecast Outlook 2025 to 2035
Shrink - Sleeve Wrapping Machinery Market Size and Share Forecast Outlook 2025 to 2035
Shrink Label Machine Market Size and Share Forecast Outlook 2025 to 2035
Shrink Tunnel Machine Market Analysis - Size, Share, and Forecast Outlook 2025 to 2035
Industry Share & Competitive Positioning in Shrink Bundling Film
Analyzing Shrink Label Machine Market Share & Industry Leaders
Market Share Distribution Among Shrink Sleeve Labels Providers
Market Share Insights for Shrink Wrapping Machines Providers
Industry Share Analysis for Shrink Sleeve Label Applicator Manufacturers
Shrink Sleeve Labels Market Analysis by Flexographic and Digital Printing Through 2034
Shrink Bundling Film Market by Material Type from 2024 to 2034
Shrink Bundling Machine Market Trends & Forecast 2024-2034
Shrink Sleeve Labeling Equipment Market
Shrink Wrapping Machine Market
Shrink Tanks Market
Cross-linked Shrink Films Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
Chat With
MaRIA
