Market Overview:
The global bundling stretch film market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for bundling stretch films from various end-use industries, such as food packaging, paper & textile, construction, and others. In terms of type, the 1-2 inches bundling stretch film segment is projected to lead the market during the forecast period due to its high demand from small and medium enterprises (SMEs). In terms of application, food packaging is projected to be one of the fastest-growing segments in the global bundling stretch film market during 2018–2030. This can be attributed to factors such as rising consumer awareness about hygiene and safety standards across regions and growing demand for packaged foods.
Product Definition:
Bundling Stretch Film is a type of stretch film that is used to bundle items together. It is important for bundling stretch film because it keeps the items together and prevents them from moving around.
1-2 Inches Bundling Stretch Film:
1-2 inches bundling stretch film is a type of stretch film that has a thickness between 1 and 2 inches. It is also known as mini bale or micro bale. The primary function of this stretch film is to provide protection for the shipment during shipping and storage. It helps in creating insulation against heat, cold, dust, moisture & light; thus safeguarding the products stored inside from damage or deterioration until it is reached at its destination.
2-5 Inches Bundling Stretch Film:
2-5 inches bundling stretch film is a type of stretch film that has a thickness between 2-5 inches. It is used in the packaging and transportation of products such as furniture, electronics, sporting goods, toys, and other consumer good products. Bundling stretch films are manufactured using polyester or polyethylene terephthalate (PET) materials and can be single or double coated for enhanced color retention over extended periods of time.
Application Insights:
The food packaging segment accounted for the largest revenue share in 2017 and is projected to expand at a steady CAGR from 2018 to 2030. The growth of this segment can be attributed to rising demand for packaged foods, especially in emerging economies including China, India and Brazil. Furthermore, increasing consumption of alcoholic drinks such as wine is expected to boost the use of stretch films over the forecast period.
Paper & textile packaging was another prominent application where bundling stretch film was used extensively owing to its properties such as high tensile strength and excellent moisture barrier that help prevent damage caused by water or other liquids during transportation or storage. In addition, it helps maintain product quality during warehousing as well as after sales services which further boosts its adoption across various industries globally.
Construction is one of the fastest growing application segments due largelyto increased construction spending in key markets including U.S.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 5% from 2018 to 2030. This can be attributed to the rising demand for packaged food and increasing consumption of paper & textile products, which are majorly shipped using airplanes. Thus, it is essential for packaging material suppliers in North America to keep abreast with changing consumer preferences and demands through various channels of distribution such as online shopping, offline retail etc., which will eventually benefit Bundling Stretch Film manufacturers in the long run.
Asia Pacific is anticipated to register significant growth over the forecast period owing to rapid industrialization coupled with improving economic conditions leading towards increased spending on construction activities across countries such as China.
Growth Factors:
- Increasing demand from end-use industries such as food and beverage, automotive, and retail sectors
- Rising popularity of bundling stretch film for palletizing and unitizing cargo to prevent damage during transit
- Growing investments in research and development by leading players to introduce innovative products
- Proliferation of e-commerce sector that has led to an increase in demand for packaging solutions
- Stringent government regulations pertaining to the use of packaging materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Bundling Stretch Film Market Research Report
By Type
1-2 Inches Bundling Stretch Film, 2-5 Inches Bundling Stretch Film, Above 5 Inches Bundling Stretch Film
By Application
Food Packaging, Paper & Textile, Construction, Others
By Companies
IPS Packaging, AEP, Amcor, Amcor, Berry, Bonset, Bollore Group, COVERIS, Dupont, Daman Polymers, Eurofilms Extrusion, Exxon Mobil, FlexSol Packaging
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Bundling Stretch Film Market Report Segments:
The global Bundling Stretch Film market is segmented on the basis of:
Types
1-2 Inches Bundling Stretch Film, 2-5 Inches Bundling Stretch Film, Above 5 Inches Bundling Stretch Film
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Packaging, Paper & Textile, Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IPS Packaging
- AEP
- Amcor
- Amcor
- Berry
- Bonset
- Bollore Group
- COVERIS
- Dupont
- Daman Polymers
- Eurofilms Extrusion
- Exxon Mobil
- FlexSol Packaging
Highlights of The Bundling Stretch Film Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1-2 Inches Bundling Stretch Film
- 2-5 Inches Bundling Stretch Film
- Above 5 Inches Bundling Stretch Film
- By Application:
- Food Packaging
- Paper & Textile
- Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bundling Stretch Film Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bundling stretch film is a process where two or more pieces of stretch film are attached together to create one large piece. This can be useful for products that need to be stretched, such as clothing.
Some of the major players in the bundling stretch film market are IPS Packaging, AEP, Amcor, Amcor, Berry, Bonset, Bollore Group, COVERIS, Dupont, Daman Polymers, Eurofilms Extrusion, Exxon Mobil, FlexSol Packaging.
The bundling stretch film market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bundling Stretch Film Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Bundling Stretch Film Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bundling Stretch Film Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Bundling Stretch Film Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Bundling Stretch Film Market Size & Forecast, 2020-2028 4.5.1 Bundling Stretch Film Market Size and Y-o-Y Growth 4.5.2 Bundling Stretch Film Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 1-2 Inches Bundling Stretch Film
5.2.2 2-5 Inches Bundling Stretch Film
5.2.3 Above 5 Inches Bundling Stretch Film
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Packaging
6.2.2 Paper & Textile
6.2.3 Construction
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bundling Stretch Film Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bundling Stretch Film Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 1-2 Inches Bundling Stretch Film
9.6.2 2-5 Inches Bundling Stretch Film
9.6.3 Above 5 Inches Bundling Stretch Film
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Packaging
9.10.2 Paper & Textile
9.10.3 Construction
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 1-2 Inches Bundling Stretch Film
10.6.2 2-5 Inches Bundling Stretch Film
10.6.3 Above 5 Inches Bundling Stretch Film
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Packaging
10.10.2 Paper & Textile
10.10.3 Construction
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 1-2 Inches Bundling Stretch Film
11.6.2 2-5 Inches Bundling Stretch Film
11.6.3 Above 5 Inches Bundling Stretch Film
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Packaging
11.10.2 Paper & Textile
11.10.3 Construction
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 1-2 Inches Bundling Stretch Film
12.6.2 2-5 Inches Bundling Stretch Film
12.6.3 Above 5 Inches Bundling Stretch Film
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Packaging
12.10.2 Paper & Textile
12.10.3 Construction
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 1-2 Inches Bundling Stretch Film
13.6.2 2-5 Inches Bundling Stretch Film
13.6.3 Above 5 Inches Bundling Stretch Film
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Packaging
13.10.2 Paper & Textile
13.10.3 Construction
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bundling Stretch Film Market: Competitive Dashboard
14.2 Global Bundling Stretch Film Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IPS Packaging
14.3.2 AEP
14.3.3 Amcor
14.3.4 Amcor
14.3.5 Berry
14.3.6 Bonset
14.3.7 Bollore Group
14.3.8 COVERIS
14.3.9 Dupont
14.3.10 Daman Polymers
14.3.11 Eurofilms Extrusion
14.3.12 Exxon Mobil
14.3.13 FlexSol Packaging