The Global Barrier Shrink Product Market was valued at US$ 6.8 Billion in 2023 and is projected to reach US$ 9.1 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2029). This robust growth is fueled by rising demand for extended shelf-life packaging, stringent food safety regulations, and the accelerating adoption of high-performance materials like EVOH and PVDC across the meat, poultry, and pharmaceutical sectors.

As the packaging industry shifts toward more sustainable and efficient solutions, the focus turns to the key material suppliers and converters driving innovation in product protection and freshness retention. In this blog, we profile the Top 10 Companies in the Barrier Shrink Product Industry—a diverse group of global giants and specialized innovators shaping the future of protective packaging.

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🔟 1. Amcor plc

Headquarters: Zurich, Switzerland
Key Offering: High-barrier shrink films and bags, sustainable packaging solutions

Amcor is a global leader in developing and producing high-performance barrier shrink packaging. Their products are extensively used for fresh meat, cheese, and medical device packaging, offering excellent oxygen and moisture barrier properties to ensure product integrity and longevity.

Innovation and Sustainability Initiatives:

• Development of recycled-content shrink films

• Investment in advanced barrier technologies for reduced material usage

• Commitment to developing 100% recyclable or reusable packaging by 2025

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Barrier Shrink Product Market – View in Detailed Research Report

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9️⃣ 2. Sealed Air Corporation

Headquarters: Charlotte, North Carolina, USA
Key Offering: Cryovac® barrier shrink bags and films, food packaging systems

Sealed Air is renowned for its Cryovac® brand, a pioneer in vacuum and modified atmosphere packaging. Their barrier shrink products are critical for the meat, poultry, and seafood industries, providing superior protection against contamination, freezer burn, and moisture loss.

Innovation and Sustainability Initiatives:

• Advanced oxygen-scavenging technology for extended freshness

• Development of lightweight, resource-efficient packaging formats

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8️⃣ 3. Winpak Ltd.

Headquarters: Winnipeg, Manitoba, Canada
Key Offering: High-barrier packaging materials, shrink films, lidding

Winpak specializes in high-quality, high-barrier packaging materials for food, beverage, and healthcare markets. Their shrink products are known for exceptional puncture resistance and seal integrity, making them a trusted partner for brand owners requiring reliable product protection.

Innovation and Sustainability Initiatives:

• Focus on recyclable mono-material barrier structures

• R&D in bio-based and compostable packaging alternatives

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7️⃣ 4. Flavorseal

Headquarters: Covington, Georgia, USA
Key Offering: Specialty barrier bags for meat and protein products

Flavorseal is a key supplier of high-barrier bags specifically engineered for the protein industry. Their products are designed to enhance flavor, juiciness, and color retention in meat products during cooking and storage, addressing critical customer demands for quality.

Innovation and Sustainability Initiatives:

• Patented technologies for moisture and flavor retention

• Partnerships with meat processors to optimize packaging performance

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6️⃣ 5. Cosmo Films Ltd.

Headquarters: New Delhi, India
Key Offering: BOPP and barrier films for packaging and labeling

Cosmo Films is a global leader in specialty films, including a wide range of barrier films used in shrink sleeve applications. Their products offer excellent printability and durability, serving diverse sectors from food and beverage to personal care.

Innovation and Sustainability Initiatives:

• Development of metalized and transparent barrier films

• Investment in sustainable BOPP films with reduced environmental impact

Download FREE Sample Report:
Barrier Shrink Product Market – View in Detailed Research Report

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5️⃣ 6. Schur Flexibles Group

Headquarters: Wiener Neudorf, Austria
Key Offering: High-barrier flexible packaging, shrink films for food and pharma

Schur Flexibles is a European specialist in high-barrier flexible packaging solutions. The company serves a blue-chip clientele in the food and pharmaceutical industries with tailored shrink films that ensure optimal product protection and shelf appeal.

Innovation and Sustainability Initiatives:

• Pioneering recyclable high-barrier solutions

• Active engagement in circular economy initiatives across Europe

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4️⃣ 7. TC Transcontinental Packaging

Headquarters: Montreal, Quebec, Canada
Key Offering: Flexible packaging, shrink films and bags

TC Transcontinental Packaging is a North American leader in flexible packaging. Their barrier shrink products are essential for protecting a wide array of consumer goods, with a strong focus on innovation in sustainability and performance.

Innovation and Sustainability Initiatives:

• Launch of PCR (Post-Consumer Recycled) content shrink films

• Strategic acquisitions to expand sustainable packaging portfolio

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3️⃣ 8. Kureha Corporation

Headquarters: Tokyo, Japan
Key Offering: PVDC barrier resins and films

Kureha is a world-leading producer of polyvinylidene chloride (PVDC), a material renowned for its exceptional gas and moisture barrier properties. Their barrier resins are a critical raw material for many high-performance shrink films used in food packaging.

Innovation and Sustainability Initiatives:

• Continuous R&D to enhance PVDC performance and processability

• Exploration of bio-based alternatives for barrier applications

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2️⃣ 9. Innovia Films (Apart of CCL Industries)

Headquarters: Wigton, Cumbria, United Kingdom
Key Offering: Biaxially Oriented Polypropylene (BOPP) and specialty films

Innovia Films, now part of CCL Industries, is a major global supplier of specialty BOPP films. Their range includes high-barrier films suitable for shrink sleeve labels and packaging, offering excellent clarity and durability for brand enhancement.

Innovation and Sustainability Initiatives:

• Development of compostable and biodegradable film solutions

• Leadership in producing films with a reduced carbon footprint

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1️⃣ 10. Vibac Group

Headquarters: San Vendemiano, Italy
Key Offering: PVC, PETG, OPS shrink sleeves and films

Vibac Group is a leading European producer of shrink films and sleeves. They specialize in a wide portfolio of materials, including high-performance barrier films used for tamper evidence, product bundling, and full-body packaging across various industries.

Innovation and Sustainability Initiatives:

• Focus on developing mono-material, recyclable shrink sleeve solutions

• Investment in advanced recycling-compatible materials

Get Full Report Here:
Barrier Shrink Product Market – View in Detailed Research Report

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🌍 Outlook: The Future of Barrier Shrink Packaging Is Smarter and More Sustainable

The barrier shrink product market is experiencing a significant transformation. While traditional materials like PVDC and multi-layer films continue to dominate, the industry is rapidly investing in sustainable alternatives, advanced recycling technologies, and smart packaging integrations.

📈 Key Trends Shaping the Market:

• Accelerated adoption of mono-material structures compatible with recycling streams

• Regulatory pressure and consumer demand driving the shift toward circular packaging

• Integration of smart labels and QR codes for enhanced traceability and consumer engagement

• Strategic partnerships between material suppliers, converters, and brand owners to develop next-generation solutions

Get Full Report Here:
Barrier Shrink Product Market – View in Detailed Research Report

The companies listed above are not only protecting valuable products—they’re pioneering the sustainable and intelligent future of packaging.