Top 10 Companies in the PVC Heat Shrinkable Film Industry (2025): Market Leaders Revolutionizing Packaging Solutions

In Business Insights
June 13, 2025

The Global PVC Heat Shrinkable Film Market was valued at US$ 892.3 million in 2024 and is projected to reach US$ 1.23 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period (2024-2030). This expansion is driven by increasing demand across food packaging, pharmaceutical applications, and industrial sectors, coupled with the growing preference for sustainable packaging materials.

As packaging technologies advance globally, manufacturers are focusing on developing innovative, eco-friendly shrink film solutions. This report profiles the Top 10 Companies in the PVC Heat Shrinkable Film Industry – pioneers driving material science innovation and packaging efficiency.


🔟 1. Bonset

Headquarters: Apeldoorn, Netherlands
Key Offering: Advanced PVC, PETG, and Polyolefin shrink films

Bonset stands as a global leader in shrink film technology, offering comprehensive packaging solutions renowned for exceptional clarity, consistent shrinkage performance, and environmental adaptability across diverse applications.

Innovation Focus:

  • Development of fully recyclable shrink film formulations
  • High-definition printing technologies for premium branding
  • Custom-engineered solutions for specialized packaging needs

Download FREE Sample Report: Global PVC Heat Shrinkable Film Market – View in Detailed Research Report


9️⃣ 2. Traco Packaging

Headquarters: Mukwonago, Wisconsin, USA
Key Offering: Technical shrink films and integrated packaging systems

Traco Packaging serves multiple sectors with its high-performance PVC shrink films, providing customized solutions for food & beverage, industrial, and consumer goods applications through proprietary material blends.

Innovation Focus:

  • Anti-fog formulations for chilled food applications
  • High-speed automated packaging solutions
  • Eco-conscious film compositions

8️⃣ 3. Allen Plastic

Headquarters: Taichung City, Taiwan
Key Offering: PVC shrink films and printed sleeves

Allen Plastic has emerged as a dominant Asian manufacturer of premium PVC shrink films, serving electronics, food packaging, and consumer goods sectors throughout Asia-Pacific markets.

Innovation Focus:

  • Ultra-thin film technologies minimizing material usage
  • Advanced digital printing compatible substrates
  • Enhanced thermal stability formulations

7️⃣ 4. Pactiv

Headquarters: Lake Forest, Illinois, USA
Key Offering: Food-grade shrink films and packaging solutions

Pactiv’s Evergreen division manufactures high-performance PVC shrink films specifically designed for fresh food applications, combining superior product protection with optimal oxygen transmission properties.

Innovation Focus:

  • Modified atmosphere packaging technologies
  • Crystal-clear films for premium product visibility
  • Recycling-compatible film formulations

Download FREE Sample Report: Global PVC Heat Shrinkable Film Market – View in Detailed Research Report


6️⃣ 5. Sealed Air

Headquarters: Charlotte, North Carolina, USA
Key Offering: Cryovac® brand protective packaging solutions

Sealed Air is a global leader in packaging innovation, with its Cryovac brand establishing industry benchmarks for food packaging performance, sustainability, and product protection.

Innovation Focus:

  • Plant-based shrink film alternatives
  • Automation-friendly packaging materials
  • Advanced barrier protection systems

5️⃣ 6. Pinpak

Headquarters: Istanbul, Turkey
Key Offering: PVC shrink films and packaging machinery

Pinpak delivers comprehensive PVC shrink film solutions to European and Middle Eastern markets, offering both standard formulations and customized solutions for specialized applications.

Innovation Focus:

  • Energy-efficient production processes
  • Variable thickness profile films
  • High puncture-resistant compositions

4️⃣ 7. Altech Packaging Company

Headquarters: Tulsa, Oklahoma, USA
Key Offering: Technical shrink films and packaging systems

Altech provides engineered shrink film solutions for demanding industrial and consumer applications, with specialized expertise in high-performance packaging requirements.

Innovation Focus:

  • Heavy-duty industrial packaging solutions
  • Anti-static film technologies
  • Custom shrinkage profile films

3️⃣ 8. Vintech Polymers

Headquarters: New Delhi, India
Key Offering: PVC shrink films and labeling solutions

Vintech Polymers is a major Indian manufacturer supplying domestic and international markets with high-quality PVC shrink films specifically engineered for South Asian market conditions.

Innovation Focus:

  • Cost-optimized compositions for price-sensitive markets
  • High-speed packaging film solutions
  • Humidity-resistant film formulations

2️⃣ 9. Fulijou Enterprises

Headquarters: Taipei City, Taiwan
Key Offering: Printed and plain PVC shrink films

Fulijou serves Asia’s electronics and consumer goods sectors with specialized PVC shrink films that combine technical performance with aesthetic excellence.

Innovation Focus:

  • Photographic-quality print films
  • Antimicrobial film formulations
  • High-gloss surface enhancements

1️⃣ 10. Girdhar Foils

Headquarters: Ahmedabad, India
Key Offering: Flexible packaging and shrink film solutions

Girdhar Foils provides cost-effective PVC shrink film solutions across Indian and export markets, with particular expertise in food and pharmaceutical packaging applications.

Innovation Focus:

  • Extended product shelf-life films
  • UV-protective formulations
  • High-performance sealing technologies

Get Full Report Here: Global PVC Heat Shrinkable Film Market – View in Detailed Research Report


🌍 Outlook: The Evolution of PVC Heat Shrinkable Films

The PVC heat shrinkable film market is experiencing significant transformation, influenced by sustainability priorities, regulatory developments, and evolving packaging demands across industries.

📈 Key Market Trends:

  • Growing adoption of recyclable and bio-based PVC alternatives
  • Integration of intelligent packaging features including QR codes and NFC tags
  • Expansion in pharmaceutical and electronics packaging applications
  • Advances in multi-layer film technologies for enhanced product protection

Get Full Report Here: Global PVC Heat Shrinkable Film Market – View in Detailed Research Report

The featured companies are not merely supplying packaging materials—they are shaping the future of product containment and presentation through continuous advancements in shrink film technologies.