Market Overview:
The global stretch hood films market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for stretch hood films from various end-use industries, such as pharmaceuticals, consumer products, food & beverages, construction and others. In terms of type, the polyethylene (PE) segment is expected to dominate the global stretch hood films market during the forecast period. This can be attributed to its properties such as high tensile strength and toughness that make it suitable for use in various applications.
Product Definition:
Stretch hood films are used to cover and protect products during transit or storage. The films help to keep the products clean and free from damage, while also providing a degree of stretch that helps to secure them in place.
Polyethylene (PE):
Polyethylene is a widely used polymer in the stretch hood films market. It is a tough, durable, and flexible plastic that can be recycled and reused. PE has good chemical resistance compared to Polypropylene (PP). It also has better mechanical properties such as higher tensile strength and flexural modulus than PP.
Polypropylene (PP):
Stretch hood films are made from polypropylene (PP) and they offer several advantages over traditional hoods. These stretch hood films are available in various colors, shapes and sizes which gives the product a competitive edge over other products in the market. The stretch hood film is manufactured using high-density polyethylene (HDPE) or low-density polyethylene (LDPE), both of which have excellent mechanical properties, especially at extreme temperatures.
Application Insights:
The construction segment accounted for the largest share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to the rising demand for hoods stretch films in various applications including pharmaceutical, consumer product, food & beverages and others such as electronics & semiconductor packaging, medical devices & equipment bundling.
Stretch film is widely used in electronic goods packaging as it provides protection from scratches and damage caused during transit or storage of products with ease of handling owing to its lightweight property. It also helps maintain freshness and hygiene of products during transportation or storage without having any negative impact on their appearance or functionality which are some key factors driving its demand across other application industries such as food & beverages industry.
Regional Analysis:
North America was the largest regional market in 2017 and accounted for a share of over 30%. The region is expected to maintain its dominance over the forecast period. This can be attributed to growing pharmaceutical industry, coupled with stringent regulations regarding contamination in food & beverages and other industries. Rising demand for stretch hood films from restaurants & hotels is also expected to drive growth during the forecast period.
Asia Pacific is anticipated to witness significant growth during the same period owing to increasing construction activities across various countries such as China, India, Japan, Malaysia and Indonesia. In addition, rapid urbanization along with rising population has led governments of these countries adopt strict building codes that mandate installation of exhaust fans in every room or kitchenette within a building which will further boost product demand during the estimated time span.
Europe was another major consumer as it held around 27% share of global revenue in 2017 on account of high consumption levels observed among end-use industries such as healthcare facilities especially hospitals.
Growth Factors:
- Increasing demand for stretch hood films from the packaging industry as a result of the growing trend of online shopping and e-commerce.
- The increasing popularity of stretch hood films in end-use applications such as food, beverage, and pharmaceuticals due to their superior properties such as high clarity, toughness, puncture resistance, and low static charge.
- Rising demand for stretch hood films from the automotive sector due to their ability to protect products during transit from scratches and other damage.
- Growing awareness among consumers about the benefits of using stretch hood films over traditional packaging methods such as boxes and bags which is likely to fuel market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stretch Hood Films Market Research Report
By Type
Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride(PVC)
By Application
Pharmaceuticals, Consumer Product, Food & Beverages, Construction, Other
By Companies
Berry Global, Sigma Plastics Group, Manuli, Trioplast, Scientex, Mima Film, DOW Chemical, Yantai DongLin Packaging Material, Signode Industrial, Pai Huey Plastic Industry
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Stretch Hood Films Market Report Segments:
The global Stretch Hood Films market is segmented on the basis of:
Types
Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride(PVC)
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
Pharmaceuticals, Consumer Product, Food & Beverages, Construction, Other
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:
- Berry Global
- Sigma Plastics Group
- Manuli
- Trioplast
- Scientex
- Mima Film
- DOW Chemical
- Yantai DongLin Packaging Material
- Signode Industrial
- Pai Huey Plastic Industry
Highlights of The Stretch Hood Films 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:
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinyl Chloride(PVC)
- By Application:
- Pharmaceuticals
- Consumer Product
- Food & Beverages
- Construction
- Other
- 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 Stretch Hood Films 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Stretch Hood Films is a film production company that creates and distributes short films.
Some of the key players operating in the stretch hood films market are Berry Global, Sigma Plastics Group, Manuli, Trioplast, Scientex, Mima Film, DOW Chemical, Yantai DongLin Packaging Material, Signode Industrial, Pai Huey Plastic Industry.
The stretch hood films 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 Stretch Hood Films 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 Stretch Hood Films Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stretch Hood Films 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 Stretch Hood Films 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 Stretch Hood Films Market Size & Forecast, 2020-2028
4.5.1 Stretch Hood Films Market Size and Y-o-Y Growth
4.5.2 Stretch Hood Films 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 Polyethylene (PE)
5.2.2 Polypropylene (PP)
5.2.3 Polyvinyl Chloride(PVC)
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 Pharmaceuticals
6.2.2 Consumer Product
6.2.3 Food & Beverages
6.2.4 Construction
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stretch Hood Films 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 Stretch Hood Films 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 Polyethylene (PE)
9.6.2 Polypropylene (PP)
9.6.3 Polyvinyl Chloride(PVC)
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 Pharmaceuticals
9.10.2 Consumer Product
9.10.3 Food & Beverages
9.10.4 Construction
9.10.5 Other
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 Polyethylene (PE)
10.6.2 Polypropylene (PP)
10.6.3 Polyvinyl Chloride(PVC)
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 Pharmaceuticals
10.10.2 Consumer Product
10.10.3 Food & Beverages
10.10.4 Construction
10.10.5 Other
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 Polyethylene (PE)
11.6.2 Polypropylene (PP)
11.6.3 Polyvinyl Chloride(PVC)
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 Pharmaceuticals
11.10.2 Consumer Product
11.10.3 Food & Beverages
11.10.4 Construction
11.10.5 Other
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 Polyethylene (PE)
12.6.2 Polypropylene (PP)
12.6.3 Polyvinyl Chloride(PVC)
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 Pharmaceuticals
12.10.2 Consumer Product
12.10.3 Food & Beverages
12.10.4 Construction
12.10.5 Other
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 Polyethylene (PE)
13.6.2 Polypropylene (PP)
13.6.3 Polyvinyl Chloride(PVC)
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 Pharmaceuticals
13.10.2 Consumer Product
13.10.3 Food & Beverages
13.10.4 Construction
13.10.5 Other
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 Stretch Hood Films Market: Competitive Dashboard
14.2 Global Stretch Hood Films Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Berry Global
14.3.2 Sigma Plastics Group
14.3.3 Manuli
14.3.4 Trioplast
14.3.5 Scientex
14.3.6 Mima Film
14.3.7 DOW Chemical
14.3.8 Yantai DongLin Packaging Material
14.3.9 Signode Industrial
14.3.10 Pai Huey Plastic Industry
