+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free

Stretch Films Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Pre Book Price: $ 5216

Original Price: $ 5795

Stretch films are stretchable and continuous thin film, which are mainly stretched and wrapped around a bundle of items to protect them from the external environment as well as unitize for storage, handling and shipping. Stretch film are highly engineered wrapping films and has emerged as a vital packaging solution. Unlike shrink films, no external heat is used for application of stretch films & this process is carried out using only two stages which are wrapping and sealing. Manufacturers usually prefer plastic materials such as polyethylene (PE), polypropylene (PP) and polyvinyl chloride (PVC) for the production of stretch films. Stretch films durable and tear-resistant thus adding to the safety of the package products. Stretch films are preliminarily used in bulk load packaging comprising from the end user industry such as food & beverages, consumer products, pharmaceuticals, etc.

Global Stretch Films Packaging Market: Drivers & Restraints

Rapid growth in food and beverage (F&B) sector coupled inclination towards lightweight, safe and cost efficient logistic packaging solution has emerged as the key driver of the growth in global stretch film packaging market. Also, Manufacturers across various product segments prefer stretch films packaging as equipment required for installation of stretch films are simple and less expensive.  Storage and distribution markets as a result of an increase in retail trade, imports-exports among the regions also add to the growth of global stretch films packaging market. However, As compared to shrink film, stretch films are less moisture resistant thus provide less climatic protection. Also, biodegradability has risen as environmental challenges thus obstructing the growth of stretch film market to a larger extent. Thus, governments of various countries have started to promote bio-based materials which have emerged as an opportunity for market players to develop biodegradable stretch film.

Global Stretch Films Packaging Market: Segmentation

The global stretch films packaging market is segmented as follows

On the basis of material type, the stretch films packaging market is segmented into:

  • Linear Low Density Polyethylene (LLDPE)
  • Low Density Polyethylene (LDPE)
  • Polyvinyl chloride (PVC)
  • Polypropylene (PP)
  • Others

On the basis of applications, the stretch films packaging market is segmented into:

  • Food & Beverages packaging
  • Pharmaceuticals packaging
  • Consumer product packaging
  • Industrial/bulk product packaging
  • Others 

Global Stretch Films Packaging Market: Segmentation Overview

Stretch films packaging is in great demand for bulk packaging as well as in retail packaging. Based on the material type, Low-density polyethylene (LDPE) stretch film resins are expected to dominate the stretch films packaging market over the forecast period.

Global Stretch Films Packaging Market: Regional Overview

Geographically, the stretch films packaging market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

The stretch films packaging market in North America along with Europe have relatively attended the maturity level and are thus expected to lose a sizable share of the global films packaging market to Asia Pacific. Key market players that operate in developed stretch films packaging markets of Europe and North America are eyeing Asia-Pacific markets to grow in revenue by making use the resources available in India and other ASEAN countries at an economical rate. The Asia-Pacific market is likely to grow as the most lucrative marketplace for the growth of stretch films packaging. As a result of the rise in disposal income with increasing urbanization coupled with an increase in production of food & beverages, consumer products, etc., the Asia-Pacific region is estimated to witness a healthy growth in stretch films packaging market over the forecast period. Latin America and Middle-East & Africa region are expected to show a positive rate of growth over the forecast period owing to rising demand from the manufacturing sector. Overall, the global stretch films packaging market is estimated to witness a healthy CAGR over the forecast period.

Global Stretch Films Packaging Market: Key Players

Some of the key players that operate in the stretch films packaging market across the globe are Bemis Company, Inc., AEP Industries Inc., Amcor Limited, , Sigma Plastics Group, Inc., Coveris Holdings S.A., Grafix Arts., DongGuan HuaYu Packing co., Ltd., Berry Global, Inc. and Clondalkin Group Holdings BV.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.

To receive discount, please click on the button below.

Please click on the button below to customize this report.

Back To Top