Development prospect of POF heat shrinkable film

In the current environment of environmental protection advocated by all countries in the world, POF has gradually become the fastest growing market demand for the most widely used heat shrinkable film products.From 2004 to 2008, the global output value of POF heat shrinkable film increased from usd 1.14 billion to USD 1.4 billion, with an average annual growth rate of 5.35%.At present, the global annual demand for POF heat shrinkable film is more than 300,000 tons, among which the annual demand in the United States is the largest, about 80,000 tons.China's POF heat shrinkable film production started late, but its development speed is fast. Currently, China has become the world's largest PRODUCER of POF heat shrinkable film, second only to the United States and third only to Japan, with a market size of about 20,000 tons.The world's top three countries POF heat shrinkable film application volume accounts for about 50% of the global market.

The rapid growth of China's POF market mainly comes from two aspects: 1. The original growth force, the demand of downstream FMCG and other industries grows rapidly.2. As an alternative growth engine, POF has irreplaceable advantages over other products due to technological innovation of middle and upstream products, which enables it to gradually replace the original packaging materials in various fields.

POF heat shrinkable film is mainly used for outer packaging of food, beverage, medicine, electrical and electronic products, toys, stationery, books and periodicals audio and video products, cosmetics, handicrafts, daily necessities, industrial supplies, etc. It is a functional and environmentally friendly plastic packaging material.POF heat shrinkable film refers to printing film, carton packaging, can reduce more than half of the packaging cost.

Advantages of POF heat shrinkable film

  • Green, safe and non-toxic.POF environmental protection heat shrinkable film is a kind of green packaging material, which can be recycled through processing after waste and will not pollute the ecological environment.

  • High transparency, high gloss, can clearly show the appearance of the product, and can improve its grade.

  • Strong flexibility, tear resistance, convenient long-distance transportation and finishing.

  • Large shrinkage rate, can be used for regular and irregular collection of goods packaging.

  • Cold resistance, good low temperature performance, can remain soft at low temperature to minus 20 degrees Celsius, will not become hard and brittle, good low temperature resistance, not easy to aging.

  • Moisture-proof, dust-proof, to ensure the clean and bright packaging products, can prolong the shelf life of products.

Global market size forecast

  • From 2010 to 2012, the global POF heat shrinkable film market maintained an average annual growth rate of 6.2%, and the market size is expected to reach $1.6 billion in 2012.

  • From 2012 to 2020, the global POF heat shrinkable film market is expected to grow at an average annual growth rate of 5%-10%. By 2015, the market size will reach usd 1.8 billion and the output will reach 400,000 tons.The market size is expected to reach $2.4 billion in 2020, and the output will reach 550,000 tons.