The global compostable shrink wrap market was valued at USD 2.05 billion in 2024 and is expected to grow to around USD 5.63 billion by 2034, expanding at a CAGR of 10.65% from 2025 to 2034.
Recent Developments
- In September 2024, Market first home compostable shrink sleeve by Carbios and Sleever. The long-term contract between Carbios and Sleever aims to produce compostable unidirectional transverse shrink films for the labeling, packaging, and preservation of products such as wine and spirits.
- In July 2024, TIPA, a global leader in packaging solutions, and Fresh-Lock Caps, a leading brand in reusable packaging, partnered to promote the adoption of home compostable packaging.
Compostable Shrink Wrap Market Top Companies
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