Global Stretch Film Packaging Market Growth 2025-2031

Global Stretch Film Packaging Market Growth 2025-2031

The global Stretch Film Packaging market size is predicted to grow from US$ 5510 million in 2025 to US$ 6784 million in 2031; it is expected to grow at a CAGR of 3.5% from 2025 to 2031.

Stretch film packaging is a highly elastic plastic material used to secure and protect products during shipping, transportation, and storage. Typically made from linear low-density polyethylene (LLDPE), stretch film is wrapped around items—such as pallets, boxes, or other goods—to bind them tightly and prevent movement during transit. The film’s stretch-ability and elastic recovery ensure the items remain stable and tightly bound throughout the process, reducing the risk of damage. Stretch films come in two primary types: machine stretch film, which is applied using automated equipment, and manual stretch film, which is applied by hand. This versatile packaging solution is widely adopted across industries for its ability to enhance product security, reduce shipping damage, and improve operational efficiency.

Market Trends and Growth Drivers in Stretch Film Packaging: The global stretch film packaging market is dominated by a few major players, with the top 10 manufacturers accounting for approximately 60% of the market’s revenue. Companies like Berry Global Group, Sigma Plastics Group, Inteplast Group, and Manuli are leading the industry, with a strong presence in the USA and Europe. Geographically, North America is the largest market, responsible for over one-third of the global sales volume. Meanwhile, the Asia-Pacific region (APAC) is experiencing the fastest growth, particularly in Southeast Asia, where industrial expansion and growing demand for efficient packaging solutions are driving market growth. Machine stretch film, which is more efficient for large-scale packaging operations, holds a market share of around 60% in terms of sales volume, reflecting its growing preference in high-volume industries. Stretch film packaging is extensively used across sectors like agriculture, food and beverages, storage and distribution, and healthcare, with the food and beverage industry being the largest end-user, holding nearly 40% of the market share.

Future Outlook and Applications of Stretch Film Packaging: The future of the stretch film packaging market looks promising, driven by the rising demand for efficient and cost-effective packaging solutions across industries. The food and beverage industry continues to lead the market due to the growing need for secure and hygienic packaging solutions that prevent contamination and spoilage. Additionally, as e-commerce and global supply chains expand, the demand for stretch film in storage and distribution is also expected to grow significantly. In regions like APAC, where rapid industrialization is taking place, the market for stretch film packaging is projected to expand at a robust pace. Key innovations, such as the development of sustainable and eco-friendly stretch films, are also anticipated to influence the market’s growth as companies strive to reduce their environmental footprint. With the growing importance of efficient packaging in global logistics, the stretch film packaging market is poised for sustained expansion, driven by technological advancements and the increasing need for secure and versatile packaging solutions across various industries.

LP Information, Inc. (LPI) ' newest research report, the “Stretch Film Packaging Industry Forecast” looks at past sales and reviews total world Stretch Film Packaging sales in 2024, providing a comprehensive analysis by region and market sector of projected Stretch Film Packaging sales for 2025 through 2031. 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.

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.

Segmentation by Type:
Machine Stretch Film
Manual Stretch Film

Segmentation by Application:
Agriculture
Food and Beverages
Storage and Distribution
Healthcare
Others

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 analysing the company's coverage, product portfolio, its market penetration.
Berry Global Group
Sigma Plastics Group
Inteplast Group
Manuli
Paragon Films
Trioplast
Scientex
Amcor
Integrated Packaging Group
Thong Guan Industries
Mima Film
Efekt Plus
M.J. Maillis
Eurofilms Extrusion
DUO PLAST
Huatong United (Nantong)
Malpack

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 by Type, by Application?

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