The stretch film market expands at a CAGR of 4.7%, to reach $3.7 billion by 2030

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The companies listed on the Stretch Films market are Allen Plastic Industries Co. Ltd, Vishakha Polyfab, Four Star Plastics, Griff Paper and Film, CS Hyde Company, International Plastics Inc. and Bagla Group of Companies

NEWARK, Del. , Apr 27, 2022 (GLOBE NEWSWIRE) – The global stretch film market is expected to experience a linear transition between 2022 and 2030 (4.7% compound annual growth rate), reaching US$3.7 billion by 2030.

The growing demand for lightweight and environmentally sustainable materials for packaging is expected to drive growth in the flexible film market, according to a new study. Stretch films are highly engineered stretch films used in packaging applications due to their flexibility and flexibility. They are used to provide superior quality packaging as they possess moisture and air resistance properties.

Increasing demand in the e-commerce and food and beverage sector for wholesale packaging is expected to drive market growth. These films ensure robust and time-saving packaging, making them a popular product in the market. Increased caution regarding hygiene and concerns about the environment has led to an increased demand for rubber films because they provide air-tight packaging and can be recycled or incinerated after use.

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Some of the major players in the stretch film market are Allen Plastic Industries Co. Ltd, Vishakha Polyfab, Four Star Plastics, Griff Paper and Film, CS Hyde Company, International Plastics Inc. and Bagla Group of Companies

Key Takeaways from the Stretch Film Market Report

The stretch film market is expected to grow at a compound annual growth rate of 4.7% due to the increased demand for safe and efficient packaging

South Asia is expected to present profitable growth opportunities for the market applications of rubber films in the food and beverage industry.

Linear Low Density Polyethylene (LLDPE) will continue to be the preferred polyethylene due to the demand for packaging that is resistant to damage during product transportation.

Demand from the food and beverage industry is expected to grow due to the increased use of stretch films for strong and lightweight packaging

Amplify market growth?

Durable, tear-resistant flexible packaging formats for rule

Flexible packaging is widely preferred because it is cost effective, durable and lightweight. Flexible packaging takes up smaller spaces while staying on the shelves. Flexible packaging formats such as flexible films enhance the aesthetic appearance of a product and can increase product branding, while adding durable packaging. Thus, an increasing tendency of product manufacturers towards adopting flexible packaging solutions on rigid packaging has been observed in primary packaging.

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Who’s the winner?

Companies operating in the market are alternatives to increase sustainability. Innovations and developments by major players aim to gain a competitive advantage in the market.

Megaplast has introduced “Fiber Stretch Films” with 30% PCR content that enables recycling and is an environmentally friendly option.

Barbier Group’s Recyplast is incorporated using 20% ​​real post-consumer waste. Their metered movies offer a 15% cost reduction.

Key sectors covered in extended film industry research

Film Market Extension by Material:

Film Market Stretches By Manufacturing Process:

  • Stretch film cast

  • blown stretch film

Market Extension by End Use:

  • construction work

  • Food and drinks

  • pharmaceutical

  • consumer product

  • paper

  • Textile

  • chemicals and fertilizers

Film Market Extension by Region:

Contents of the report

1. Executive Summary

1.1 Global Market Outlook

1.2 Market analysis

1.3 Analysis and recommendations

2. Market Overview

2.1. market coverage

2.2. Market definition

3. Major market trends

3.1 Major trends affecting the market

3.2 Product innovation trends

4. Key success factors

4.1 Product Approval Analysis

4.2 Product Features/Features

5. Global Stretch Film Market Demand Analysis 2015-2021 And Forecast, 2022-2030

5.1 Historical Market Size Analysis (Thousand Tons), 2015-2021

5.2 Current and future market size forecasts (thousand tons), 2022-2030

5.3 Annual growth trend analysis

6. Global Stretch Films Market – Price Analysis

6.1 Regional Pricing Analysis

6.2 Pricing Breakdown

6.3 Global Average Pricing Analysis Standard

Check out the table of contents…!

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Future Market Insights (an ESOMAR-accredited market research organization and member of the Greater New York Chamber of Commerce) provides in-depth insights into the governing factors that drive market demand. It reveals the opportunities that will favor market growth in various segments on the basis of source, application, sales channel and end use over the next ten years.

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