The VCI shrink film market is expected to skyrocket with a projected CAGR of 4.50%. By 2034, this market is expected to reach a whopping USD 154.6 million, marking a remarkable surge from its current valuation of USD 99.5 million as of 2024. It's time to buckle up and witness the meteoric rise of this market!
Investment Opportunities for Key Players
Attributes | Details |
---|---|
VCI Shrink Film Market Size, 2024 | USD 99.5 million |
Market Size, 2034 | USD 154.6 million |
Value CAGR (2024 to 2034) | 4.50% |
Drivers |
|
---|---|
Challenges |
|
Attributes | Details |
---|---|
Material | PE |
Market share in 2024 | 67.5% |
The properties of good chemical resistance and excellent tensile strength are driving up the demand for PE material. Moreover, it is lightweight, flexible, and cost-effective compared to other materials. These properties make it an ideal material for packaging various products, including metal parts, automotive components, electronic goods, and food items.
Attributes | Details |
---|---|
End Use | Primary Metal |
Market Share in 2024 | 29.7% |
The primary metal industry is highly susceptible to corrosion. Raw metals are exposed to various environmental factors such as humidity, moisture, and saltwater during transportation and storage. Thus, manufacturers are increasingly using VCI shrink film. The use of this shrink film helps prevent corrosion and protect the metal surface, reducing the need for maintenance and replacement.
Countries | CAGR from 2024 to 2034 |
---|---|
United States | 2.9% |
China | 5.9% |
Germany | 2.4% |
Japan | 2.6% |
South Korea | 3.8% |
The CAGR of the VCI shrink film market for the forecast period in the United States is anticipated to be 2.9%. Some of the factors influencing the growth of the market in the country are:
The market is expected to register a CAGR of 5.9% in China through 2034. China is considered one of the largest manufacturing sectors in the world. With the growth of manufacturing industries, there is an increased need for high-quality packaging in recent years. Moreover, raising awareness of the importance of rust and corrosion prevention is anticipated to heighten demand for VCI shrink film in the region.
The VCI shrink film market is expected to progress at a CAGR of 2.4% in Germany for the forecast period. Some factors influencing this progress are:
The market is expected to progress at a CAGR of 2.6% in Japan throughout the forecast period. The rise of eCommerce has contributed to the growing demand for VCI shrink film in Japan. With more people opting for online shopping, there has been a surge in the number of products being shipped across the country, which has increased the need for reliable packaging solutions. Thus, these shrink films have emerged as a popular option for e-commerce businesses looking to ensure that their products reach customers in good condition.
The market is expected to progress at a CAGR of 3.8% in South Korea. Manufacturers of VCI shrink film are heavily investing in research and development activities to improve performance and product quality in South Korea. Moreover, producers are providing specialized films for specific applications to industries in the current period.
The VCI shrink film market is highly competitive, given the presence of significant number of players in the industry. To increase their market share and improve revenue, leading companies employ strategies like launching new products, investing in research and development, expanding facilities, and engaging in mergers, partnerships, acquisitions, and collaborations.
Superior Industries, INC.
Superior Industries, Inc. is a leading manufacturer and supplier of innovative packaging solutions for a wide range of industries. Founded in 1983, the company has grown to become a trusted partner for businesses looking for high-quality and cost-effective packaging solutions.
Superior Industries offers a comprehensive range of products, including industrial film, bags, liners, and specialty products. One of their most popular products is VCI shrink film, which is designed to protect metal parts and components from corrosion during storage and transportation.
Recent Development
Attribute | Details |
---|---|
Estimated Market Size (2024) | USD 99.5 million |
Projected Market Size (2034) | USD 154.6 million |
Anticipated Growth Rate (2024 to 2034) | 4.50% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | USD million or billion for Value and Units for Volume |
Key Regions Covered | North America; Latin America; Europe; Middle East & Africa (MEA); East Asia; South Asia and Oceania |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa |
Key Segments Covered | By Material and End Use |
Key Companies Profiled | Superior Industries, Inc.; Aicello Corporation; Daubert Cromwell, Inc.; MetPro Group; Harita-NTI Ltd.; BRANOpac GmbH; Propagroup; Others |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Tons) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Film Thickness, 2019 to 2034
Table 4: Global Market Volume (Tons) Forecast by Film Thickness, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by End Use Industry, 2019 to 2034
Table 6: Global Market Volume (Tons) Forecast by End Use Industry, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: North America Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Film Thickness, 2019 to 2034
Table 10: North America Market Volume (Tons) Forecast by Film Thickness, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by End Use Industry, 2019 to 2034
Table 12: North America Market Volume (Tons) Forecast by End Use Industry, 2019 to 2034
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Latin America Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 15: Latin America Market Value (US$ Million) Forecast by Film Thickness, 2019 to 2034
Table 16: Latin America Market Volume (Tons) Forecast by Film Thickness, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by End Use Industry, 2019 to 2034
Table 18: Latin America Market Volume (Tons) Forecast by End Use Industry, 2019 to 2034
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: Western Europe Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 21: Western Europe Market Value (US$ Million) Forecast by Film Thickness, 2019 to 2034
Table 22: Western Europe Market Volume (Tons) Forecast by Film Thickness, 2019 to 2034
Table 23: Western Europe Market Value (US$ Million) Forecast by End Use Industry, 2019 to 2034
Table 24: Western Europe Market Volume (Tons) Forecast by End Use Industry, 2019 to 2034
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: Eastern Europe Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Film Thickness, 2019 to 2034
Table 28: Eastern Europe Market Volume (Tons) Forecast by Film Thickness, 2019 to 2034
Table 29: Eastern Europe Market Value (US$ Million) Forecast by End Use Industry, 2019 to 2034
Table 30: Eastern Europe Market Volume (Tons) Forecast by End Use Industry, 2019 to 2034
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 32: South Asia and Pacific Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Film Thickness, 2019 to 2034
Table 34: South Asia and Pacific Market Volume (Tons) Forecast by Film Thickness, 2019 to 2034
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by End Use Industry, 2019 to 2034
Table 36: South Asia and Pacific Market Volume (Tons) Forecast by End Use Industry, 2019 to 2034
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 38: East Asia Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 39: East Asia Market Value (US$ Million) Forecast by Film Thickness, 2019 to 2034
Table 40: East Asia Market Volume (Tons) Forecast by Film Thickness, 2019 to 2034
Table 41: East Asia Market Value (US$ Million) Forecast by End Use Industry, 2019 to 2034
Table 42: East Asia Market Volume (Tons) Forecast by End Use Industry, 2019 to 2034
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 44: Middle East and Africa Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Film Thickness, 2019 to 2034
Table 46: Middle East and Africa Market Volume (Tons) Forecast by Film Thickness, 2019 to 2034
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by End Use Industry, 2019 to 2034
Table 48: Middle East and Africa Market Volume (Tons) Forecast by End Use Industry, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Film Thickness, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by End Use Industry, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Tons) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Film Thickness, 2019 to 2034
Figure 9: Global Market Volume (Tons) Analysis by Film Thickness, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Film Thickness, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Film Thickness, 2024 to 2034
Figure 12: Global Market Value (US$ Million) Analysis by End Use Industry, 2019 to 2034
Figure 13: Global Market Volume (Tons) Analysis by End Use Industry, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by End Use Industry, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by End Use Industry, 2024 to 2034
Figure 16: Global Market Attractiveness by Film Thickness, 2024 to 2034
Figure 17: Global Market Attractiveness by End Use Industry, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (US$ Million) by Film Thickness, 2024 to 2034
Figure 20: North America Market Value (US$ Million) by End Use Industry, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (US$ Million) Analysis by Film Thickness, 2019 to 2034
Figure 27: North America Market Volume (Tons) Analysis by Film Thickness, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Film Thickness, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Film Thickness, 2024 to 2034
Figure 30: North America Market Value (US$ Million) Analysis by End Use Industry, 2019 to 2034
Figure 31: North America Market Volume (Tons) Analysis by End Use Industry, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by End Use Industry, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by End Use Industry, 2024 to 2034
Figure 34: North America Market Attractiveness by Film Thickness, 2024 to 2034
Figure 35: North America Market Attractiveness by End Use Industry, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ Million) by Film Thickness, 2024 to 2034
Figure 38: Latin America Market Value (US$ Million) by End Use Industry, 2024 to 2034
Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) Analysis by Film Thickness, 2019 to 2034
Figure 45: Latin America Market Volume (Tons) Analysis by Film Thickness, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Film Thickness, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Film Thickness, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by End Use Industry, 2019 to 2034
Figure 49: Latin America Market Volume (Tons) Analysis by End Use Industry, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by End Use Industry, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End Use Industry, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Film Thickness, 2024 to 2034
Figure 53: Latin America Market Attractiveness by End Use Industry, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Market Value (US$ Million) by Film Thickness, 2024 to 2034
Figure 56: Western Europe Market Value (US$ Million) by End Use Industry, 2024 to 2034
Figure 57: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) Analysis by Film Thickness, 2019 to 2034
Figure 63: Western Europe Market Volume (Tons) Analysis by Film Thickness, 2019 to 2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Film Thickness, 2024 to 2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Film Thickness, 2024 to 2034
Figure 66: Western Europe Market Value (US$ Million) Analysis by End Use Industry, 2019 to 2034
Figure 67: Western Europe Market Volume (Tons) Analysis by End Use Industry, 2019 to 2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by End Use Industry, 2024 to 2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by End Use Industry, 2024 to 2034
Figure 70: Western Europe Market Attractiveness by Film Thickness, 2024 to 2034
Figure 71: Western Europe Market Attractiveness by End Use Industry, 2024 to 2034
Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Market Value (US$ Million) by Film Thickness, 2024 to 2034
Figure 74: Eastern Europe Market Value (US$ Million) by End Use Industry, 2024 to 2034
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Film Thickness, 2019 to 2034
Figure 81: Eastern Europe Market Volume (Tons) Analysis by Film Thickness, 2019 to 2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Film Thickness, 2024 to 2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Film Thickness, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by End Use Industry, 2019 to 2034
Figure 85: Eastern Europe Market Volume (Tons) Analysis by End Use Industry, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by End Use Industry, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by End Use Industry, 2024 to 2034
Figure 88: Eastern Europe Market Attractiveness by Film Thickness, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness by End Use Industry, 2024 to 2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Market Value (US$ Million) by Film Thickness, 2024 to 2034
Figure 92: South Asia and Pacific Market Value (US$ Million) by End Use Industry, 2024 to 2034
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Film Thickness, 2019 to 2034
Figure 99: South Asia and Pacific Market Volume (Tons) Analysis by Film Thickness, 2019 to 2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Film Thickness, 2024 to 2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Film Thickness, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by End Use Industry, 2019 to 2034
Figure 103: South Asia and Pacific Market Volume (Tons) Analysis by End Use Industry, 2019 to 2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by End Use Industry, 2024 to 2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by End Use Industry, 2024 to 2034
Figure 106: South Asia and Pacific Market Attractiveness by Film Thickness, 2024 to 2034
Figure 107: South Asia and Pacific Market Attractiveness by End Use Industry, 2024 to 2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Market Value (US$ Million) by Film Thickness, 2024 to 2034
Figure 110: East Asia Market Value (US$ Million) by End Use Industry, 2024 to 2034
Figure 111: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 113: East Asia Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Market Value (US$ Million) Analysis by Film Thickness, 2019 to 2034
Figure 117: East Asia Market Volume (Tons) Analysis by Film Thickness, 2019 to 2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Film Thickness, 2024 to 2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Film Thickness, 2024 to 2034
Figure 120: East Asia Market Value (US$ Million) Analysis by End Use Industry, 2019 to 2034
Figure 121: East Asia Market Volume (Tons) Analysis by End Use Industry, 2019 to 2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by End Use Industry, 2024 to 2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by End Use Industry, 2024 to 2034
Figure 124: East Asia Market Attractiveness by Film Thickness, 2024 to 2034
Figure 125: East Asia Market Attractiveness by End Use Industry, 2024 to 2034
Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Market Value (US$ Million) by Film Thickness, 2024 to 2034
Figure 128: Middle East and Africa Market Value (US$ Million) by End Use Industry, 2024 to 2034
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Film Thickness, 2019 to 2034
Figure 135: Middle East and Africa Market Volume (Tons) Analysis by Film Thickness, 2019 to 2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Film Thickness, 2024 to 2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Film Thickness, 2024 to 2034
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by End Use Industry, 2019 to 2034
Figure 139: Middle East and Africa Market Volume (Tons) Analysis by End Use Industry, 2019 to 2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by End Use Industry, 2024 to 2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by End Use Industry, 2024 to 2034
Figure 142: Middle East and Africa Market Attractiveness by Film Thickness, 2024 to 2034
Figure 143: Middle East and Africa Market Attractiveness by End Use Industry, 2024 to 2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The market is expected to develop at a CAGR of 4.50% from 2024 to 2034.
The market size is expected to be worth USD 99.5 million in 2024.
The market is estimated to get as big as USD 154.6 million by 2034.
The CAGR of the market in the United States from 2024 to 2034 is estimated to be 2.9%.
The CAGR of the market in China from 2024 to 2034 is estimated to be 5.9%.
The market can be divided into the following segments: material, end use, and region.
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