Global Stretch Film Packaging Market Growth 2023-2029

Global Stretch Film Packaging Market Growth 2023-2029

Stretch film is an extremely elastic plastic wrap that is stretched around various products (such as pallets of boxes) for shipping and transportation. The elastic recovery or stretch-ability of the film secures the products and ensures they are tightly bound.

LPI (LP Information)' newest research report, the “Stretch Film Packaging Industry Forecast” looks at past sales and reviews total world Stretch Film Packaging sales in 2022, providing a comprehensive analysis by region and market sector of projected Stretch Film Packaging sales for 2023 through 2029. With Stretch Film Packaging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Stretch Film Packaging industry.

This Insight Report provides a comprehensive analysis of the global Stretch Film Packaging landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Stretch Film Packaging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Stretch Film Packaging market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Stretch Film Packaging and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Stretch Film Packaging.

The global Stretch Film Packaging market size is projected to grow from US$ 5156.4 million in 2022 to US$ 6300.7 million in 2029; it is expected to grow at a CAGR of 6300.7 from 2023 to 2029.

The global Stretch Film Packaging market is concentrated, with the top 10 players takes about 60% of global revenue share. Major manufacturers include Berry Global Group, Sigma Plastics Group, Inteplast Group, Manuli, Paragon Films, Trioplast, Scientex, etc. which mainly based in USA and Europe. Geographically, North America is the largest market for stretch film, with sales volume share reached to over 1/3 in 2019. APAC is the fastest-growing region, especially Southeast Asia, which plays an important role in the world. The market of Stretch film can be classified as machine film and manual film in terms of packaging method. Machine stretch film is the major used type, with market share of nearly 60% in terms of sales volume. Stretch Film Packaging is widely used in Agriculture, Food & Beverages, Storage & Distribution and Healthcare. The largest proportion is Food & Beverages with nearly 42% market shares.

This report presents a comprehensive overview, market shares, and growth opportunities of Stretch Film Packaging market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Linear Low Density Polyethylene
Low Density Polyethylene
Polyvinyl Chloride
Polypropylene
Others

Segmentation by application
Food and Beverage Packaging
Medicine Package
Consumer Product Packaging
Industrial / Bulk Product Packaging
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bemis Company
AEP Industries
Amcor Limited
Sigma Plastics Group
Coveris Holdings SA
Grafix Art
Berry Global
Clondalkin Group Holdings BV.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Stretch Film Packaging market?

What factors are driving Stretch Film Packaging market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Stretch Film Packaging market opportunities vary by end market size?

How does Stretch Film Packaging break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.