Key Highlights

• Stretch film, also known as stretch film, is a versatile and stretchable plastic film frequently used in packaging applications. It is essentially made of linear low-density polyethylene (LLDPE) resin, which provides a special film, flexibility and durability. Stretch film, usually rolled into rolls, is used to secure and package items together for storage, shipping, or retail sale. The main feature of stretch film is that it stretches and adapts to the shape of the product it is wrapped in. This device allows the film to be tightened with many products, ensuring a secure connection. Stretch film is often used in pallet packaging to secure pallet items and protect them from dust, moisture and damage during shipping and handling. It ensures cargo security, prevents its changes, and reduces the risk of damage or loss during transportation. Long film is available in a variety of thicknesses, widths and colors to meet different packaging needs. It can be used manually in the washing machine or by cutting it from the bag. The flexibility of the film allows it to return to its original shape after use, ensuring the packaging is wrapped tightly and securely. Stretch film is widely used to provide effective and cost-effective solutions in sectors such as manufacturing, transportation, sales and agriculture.

• The market size of the worldwide Stretch Film Industry surpassed USD XX Billion in 2023, and by 2032, it is projected to reach USD XX billion, boosting at a CAGR of XX%.

• In August 2021, US stretch and shrink film manufacturer Five Points Films was acquired by Revolution. With this acquisition, Change will be able to expand its video business.

• Demand for stretch film is driven by many factors, reflecting its important role in modern packaging and transportation. First, the growth of e-commerce and international trade in goods has increased the demand for stretch films. As more and more products are shipped around the world, the safety and security of pallet loads becomes important. Stretch film offers an effective and cost-effective solution to stabilize products during transportation, reducing damage and ensuring products arrive at their destination intact. Secondly, the importance of stability and cost effectiveness increases the demand for stretch films. As environmental awareness continues to increase, companies are producing environmentally friendly, recyclable and biodegradable stretch films. In addition, the lightness of stretch film reduces transportation costs, helping businesses improve their logistics expenses. Thirdly, advances in film stretching technology with improved strength, elongation and puncture resistance make it suitable for many applications. These innovations increase safety, reduce film usage and provide better protection for products, driving their adoption across the industry. In addition, the flexibility of stretch film in adapting to different load sizes and shapes takes it even further. Its ability to securely package everything from small packages to large pallets makes it unrivaled in warehouses, retail, manufacturing and agriculture, supporting businesses for continuous film production. Demand for stretch film is driven by many factors, reflecting its important role in modern packaging and transportation. First, the growth of e-commerce and international trade in goods has increased the demand for stretch films. As more and more products are shipped around the world, safe and stable pallet transportation is vital. Stretch film offers an effective and cost-effective solution to stabilize products during transportation, reducing damage and ensuring products arrive at their destination intact. Secondly, the importance of stability and cost effectiveness increases the demand for stretch films. As environmental awareness increases, companies produce environmentally friendly, recyclable and biodegradable stretch films. In addition, the lightness of stretch film reduces transportation costs, helping businesses improve their logistics expenses. Thirdly, advances in film stretching technology with improved strength, elongation and puncture resistance make it suitable for many applications. These innovations increase safety, reduce film usage and provide better protection for products, driving their adoption across the industry. In addition, the flexibility of stretch film in adapting to different load sizes and shapes takes it even further. Its ability to securely package everything from small packages to large pallets makes it unrivaled in warehouses, retail, manufacturing and agriculture, supporting businesses for continuous film production.

Scope of the Industry Profile

Key Players

• Polymer Group Inc. (US)

• Berry Global Group (US)

• AEP Industries Inc (US)

• Smurfit Kappa Group (Ireland)

• Sigma Stretch Film Corp. (US)

• Anchor Packaging Inc (US)

• Scientex Berhad (Malaysia)

• Coveris Inc. (UK)

• PILZ GmbH & Co. KG (Germany)

• Paragon Films Inc. (US)

Segmentation

By Manufacturing

• Blown Stretch Film

• Cast Stretch Film

• Other Methods

By Material Type

• Polyethylene

• Polypropylene

• Polyvinyl Chloride

• Other Materials

By Application

• Food & Beverages

• Pharmaceutical

• Personal Care

• Electronics

• Paper & Textiles

• Construction

• Other Applications

By Product Type

• Machine Stretch Film

• Hand Stretch Film

• Engineered Film

• Specialty Stretch Film

What to Expect from Industry Profile

1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Stretch Film market in the world.

2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Stretch Film market.

3. Leading company profiles reveal details of key Stretch Film market players’ global operations, strategies, financial performance & their recent developments.

4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Stretch Film market with forecast for decade by both market share (%) & revenue (USD Million).

Recent Development

• In September 2021, Clysar announced Clysar EVO-C Hidden Shrink Film at PACK EXPO in Las Vegas as part of a line of recycled film previously approved for in-store registration through the How2Recycle program Clysar EVO-C film is a unique opaque security and distribution product that provides UV protection and reduces packaging and space requirements.

• In August 2021, US stretch and shrink film manufacturer Five Points Films was acquired by Revolution. With this acquisition, Change will be able to expand its video business.

Segment Insights

By Material Type

Demand for polyethylene stretch film is driven by several factors that demonstrate its versatility, durability and cost-effectiveness across the industry. Firstly, its excellent stretch and elastic backing properties make it ideal for firmly securing items to pallets. These features ensure stability during transportation, reduce the risk of damage and increase the energy efficiency of the product. Secondly, the ability of polyethylene stretch film to provide excellent performance and tear strength is especially important in industries that harbor good or bad things. It provides reliable protection during transportation, transportation and storage and maintains the integrity of the packaging. Thirdly, its adaptability to different packaging machines such as manual and automatic systems ensures its widespread adoption in many industries. The simplicity of implementation of this method allows it to be used in many industries, such as manufacturing, delivery to stores and agriculture. In addition, polyethylene stretch film is lightweight and helps you save on shipping costs. Its potential for recycling and eco-friendly formulation follows the development of environmental awareness, making it an environmental choice for businesses committed to Fixed problem solving. In addition, continuous innovations in polyethylene stretch film technology, the production of high-performance films and the ability of special films to respond to specific business changes were also added to his wishes. These qualities make polyethylene stretch film the first choice for safety and quality solutions, increasing market demand.

By Application

The demand for stretch film in the food and beverage industry is mainly driven by the strict packaging industry to ensure the product is safe, fresh and ethical. First of all, stretch film provides protection for perishable foods against contamination, moisture and odor. It plays an important role in preserving the freshness of fresh produce, meat and dairy products, extending their shelf life and preventing them from being exposed to external factors. Secondly, the ease of stretch film in packaging and assembling food products increases performance, especially in packaging and transportation. It secures the product to the pallet to prevent the product from shifting and being damaged during transportation. The transparency of the video allows for easy product identification and aids in inventory management and quick inspections. Thirdly, the versatility of stretch film is important in packaging a variety of foods and beverages, regardless of size or shape. It covers a wide range of packaging needs, from single products such as canned food to bulk packaging in beverage containers. The film tightens the irregular shape, ensures secure packaging and reduces the risk of spillage or breakage. In addition, stretch film serves to support sustainability and many companies produce environmentally friendly, recyclable products. This environmentally conscious approach is resonating with consumers and businesses, driving demand for long-term video selection in the food and beverage industry. These factors combine to ensure continued demand for stretch film, making it an essential part of the packaging process for food and beverage manufacturers.

Regional Insights

Many factors are driving demand for stretch film in North America, reflecting the region's important role in the strong logistics and manufacturing industries. First, e-commerce is growing rapidly and product flow is increasing. Stretch film is important for securing palletized products during transportation and for the product to reach the customer in a healthy way. The convenience and cost-effectiveness of stretch film make it indispensable for businesses dealing with the growing demand for online stores. Second, North America's large economy is highly dependent on packaging. Stretch film offers safe and versatile packaging, allowing manufacturers to customize their packaging processes. This is especially important for industries such as food and beverage, electronics and automobiles, where products need reliable protection during transportation and storage. Three, sustainability issues are driving innovations in the stretch film market. Manufacturers are making eco-friendly changes to adapt to growing environmental awareness in North America. The choice of sustainable films made from recycled materials or biodegradable polymers is gaining popularity among businesses and consumers. Additionally, continuing advances in film technology, including improved tear and retention properties, make it an excellent choice for many applications. These factors combine to create strong and growing demand for stretch film in North America, where efficiency, reliability and sustainability in the supply chain and production are important.