Stretch Film Packaging Market

The global Stretch Film Packaging market was valued at 5346.22 Million USD in 2021 and will grow with a CAGR of 3.43% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of Stretch Film Packaging Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Stretch Film Packaging Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.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 global key 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.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 40% market shares.

By Market Verdors:

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

By Types:

Machine Stretch Film

Manual Stretch Film

By Applications:

Agriculture

Food & Beverages

Storage & Distribution

Healthcare

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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To understand the future outlook and prospects for the market.

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