Collation Shrink Films Companies

The maritime industry relies heavily on robust packaging solutions to withstand harsh weather conditions and ensure cargo arrives intact. Maritime collation shrink films play a crucial role in this equation, bundling and securing palletized goods for safe transport across oceans. With increasing global trade and growing environmental concerns, the maritime collation shrink films market is projected to experience significant growth in the coming years.

Strategies Shaping the Market:

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  Product Innovation: Players like Berry Plastics and Coveris are focusing on developing high-performance films with enhanced clarity, printability, and sustainability features. Monolayer vs. multilayer film offerings cater to diverse needs.


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  Geographical Expansion: Emerging markets in Asia Pacific and Latin America present lucrative growth opportunities. Companies like Silvalac and Aspo are strengthening their presence in these regions.


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  Vertical Integration: Some players like Sealed Air Corporation are vertically integrating to secure raw materials and optimize supply chains, gaining cost and production control.


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  Sustainability Focus: Biodegradable and recycled content films are gaining traction as environmental concerns rise. Companies like NatureWorks and Ecoveritas are capitalizing on this trend.


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  Strategic Partnerships and Acquisitions: Mergers and acquisitions are consolidating the market.

Factors Influencing Market Share:

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  Film Performance: Key factors like puncture resistance, tear strength, and shrink force heavily influence market share. Films that offer superior performance while minimizing material usage are highly sought-after.


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  Sustainability: The growing demand for eco-friendly solutions is pushing market leaders to develop biodegradable and recyclable collation shrink films. Companies demonstrating strong sustainability commitments stand to gain an edge.


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  Cost-Effectiveness: Maritime shipping companies prioritize cost-efficiency. Offering high-performance films at competitive prices while optimizing film application processes can secure significant market share.


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  Regional Demand Variations: Regional demands for collation shrink films differ based on shipping routes, cargo types, and environmental regulations. Companies with strong regional presence and customized solutions cater to specific needs effectively.


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  Technological Advancements: Innovations in film design, application equipment, and automation play a crucial role in market share. Companies investing in R&D and offering technologically advanced solutions gain a competitive advantage.

Key Companies in the Collation Shrink Films market include

• Scientex


• MURAPLAST d.o.o.


• ITP - Industria Termoplastica Pavese 


• SABIC


• Coveris Holdings SA


• Tilak Polypack Pvt. Ltd


• Polystar Plastics Ltd


• Polipaks Ltd.


• Plastotecnica SpA


• Silvalac SA

Industry News 

November 2023: Dow, a chemical and materials science company, partnered with Südpack, a German manufacturer of flexible packaging films, to develop and launch a new generation of collation shrink films made with Dow's INNAT TF technology. This partnership combines Dow's innovative materials with Südpack's expertise in film manufacturing to offer more sustainable and high-performance shrink film solutions.

October 2023: Braskem, a Brazilian petrochemical company, and Erema, an Austrian manufacturer of plastic recycling machinery, partnered to develop and commercialize the technology for recycling post-consumer collation shrink films. This partnership aims to increase the circularity of collation shrink films and reduce their environmental impact.

January 2023: Clondalkin Group, an Irish packaging solutions provider, acquired the Flexible Packaging Division of Huhtamaki, a Finnish company with a strong presence in the food and beverage packaging market. This acquisition strengthens Clondalkin's position in the food and beverage sector and expands its production capacity for collation shrink films.

In November 2020, TC Transcontinental Packaging launched a new collation shrink film made from post-consumer recycled (PCR) materials. The film, called Integritite, consists of 30% post-consumer plastic resin that has been transformed into a recyclable material. The AHA Sparkling Water printed case wrap has utilized the Integritite PC collation shrink film. AHA Sparkling Water is a product line owned by The Coca-Cola Company. Beginning in autumn, the printed case wrap will be accessible at specific Sam's and BJ's Club locations situated in Ohio, Virginia, Maryland, Tennessee, Kentucky, Mississippi, Indiana, South Carolina, North Carolina, Arkansas, and Delaware. Alex Hayden, the senior vice-president of R&D and sustainability at TC Transcontinental Packaging, stated that their research and development team has created a collation shrink film that is recyclable at store drop off locations and contains post-consumer recycled (PCR) materials, all while maintaining its performance, strength, and durability.