Market Overview:
The global hi-performance stretch film 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 hi-performance stretch films from various end-use industries, such as chemical packaging, food packaging, electromechanical products packaging, and textile products packaging. In addition, the growing demand for lightweight and durable stretch films is also contributing to the growth of this market.
Product Definition:
Hi-Performance Stretch Film is a specialized type of stretch film that is designed for high speed applications. It has been engineered to provide superior performance in machines with high throughput rates. The importance of Hi-Performance Stretch Film lies in its ability to improve the efficiency and productivity of high speed packaging operations.
Manual Stretch Film:
Manual stretch film is a type of flexible packaging film that can be used to fill any non-rigid or rigid container. It is manufactured by two technologies, namely thermoforming and calendaring. The process of calendaring involves stretching the plastic film over a mold while it is warm; whereas, in the case of thermoforming, the plastic film is heated on a mold and then stretched according to customer requirements.
Machine Stretch Film:
Machine stretch film is a type of stretch film that is manufactured by using polyester or other synthetic fibers as raw material. The product has high tensile strength and elongation, which makes it suitable for packaging applications in the food & beverage industry. It can also be used to wrap around mechanical appliances such as washing machines, dryers, dishwashers and freezers to protect them from dust and damage.
The global machine stretch film market size was estimated at USD 537.
Application Insights:
The demand for stretch films in the textile industry is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to its wide application scope including packaging of hosiery, sportswear, footwear and other textile products. The use of stretch film enables easy wrapping and compact packing with less material used than conventional methods such as rolls or bales. This helps manufacturers reduce wastage during transportation while increasing productivity.
Stretch films are also widely used in the food & beverage industry for packaging various products such as fruits, vegetables, confectionery items and meat & seafood among others which require minimal cooking time along with excellent protection against physical damage & environment factors such as temperature & moisture among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as increasing disposable income of consumers and rapid industrialization & urbanization. Moreover, rising population coupled with growing consumer awareness regarding food safety & hygiene issues has resulted in increased demand for chemical packaging solutions across these developing nations which will further boost the regional market growth over the forecast period.
Europe was valued at USD X billion in 2017 owing to high product demand from end-use industries such as textile products packaging; electrical & electronics; automotive; medical devices among others across Germany, U K.
Growth Factors:
- Increasing demand for stretch film from the packaging industry as a result of the growth in e-commerce sector.
- Rising demand for Hi-Performance Stretch Film from end users due to its superior properties such as high puncture resistance and low cling.
- Growing popularity of pallet wrapping as a cost effective way to protect goods during transit is expected to boost the demand for stretch film products over the forecast period.
- Technological advancements in stretch film manufacturing process that has resulted in development of new and innovative products is likely to propel market growth over the next few years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Hi-Performance Stretch Film Market Research Report
By Type
Manual Stretch Film, Machine Stretch Film
By Application
Chemical Packaging, Food Packaging, Electromechanical Products Packaging, Textile products Packaging
By Companies
DUO PLAST, Hipac, Hi-Tech Plastics, Berry Global, Rapid Packaging, Thong Guan, Paragon Films, Crawford Packaging, Atlantic Packaging, IPG, Norflex, AEP Industries, Muller LCS, Pep Cee Pack Industries, Respack, Material Motion
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Hi-Performance Stretch Film Market Report Segments:
The global Hi-Performance Stretch Film market is segmented on the basis of:
Types
Manual Stretch Film, Machine 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
Chemical Packaging, Food Packaging, Electromechanical Products Packaging, Textile products Packaging
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:
- DUO PLAST
- Hipac
- Hi-Tech Plastics
- Berry Global
- Rapid Packaging
- Thong Guan
- Paragon Films
- Crawford Packaging
- Atlantic Packaging
- IPG
- Norflex
- AEP Industries
- Muller LCS
- Pep Cee Pack Industries
- Respack
- Material Motion
Highlights of The Hi-Performance 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:
- Manual Stretch Film
- Machine Stretch Film
- By Application:
- Chemical Packaging
- Food Packaging
- Electromechanical Products Packaging
- Textile products Packaging
- 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 Hi-Performance 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
- 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?
Hi-Performance Stretch Film is a type of stretch film that is designed to provide high performance and durability. It is often used in applications where extreme flexibility and toughness are required, such as packaging and apparel.
Some of the key players operating in the hi-performance stretch film market are DUO PLAST, Hipac, Hi-Tech Plastics, Berry Global, Rapid Packaging, Thong Guan, Paragon Films, Crawford Packaging, Atlantic Packaging, IPG, Norflex, AEP Industries, Muller LCS, Pep Cee Pack Industries, Respack, Material Motion.
The hi-performance stretch film market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hi-Performance Stretch Film Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hi-Performance Stretch Film Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hi-Performance Stretch Film Market - Supply Chain
4.5. Global Hi-Performance Stretch Film Market Forecast
4.5.1. Hi-Performance Stretch Film Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hi-Performance Stretch Film Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hi-Performance Stretch Film Market Absolute $ Opportunity
5. Global Hi-Performance Stretch Film Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hi-Performance Stretch Film Market Size and Volume Forecast by Type
5.3.1. Manual Stretch Film
5.3.2. Machine Stretch Film
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hi-Performance Stretch Film Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hi-Performance Stretch Film Market Size and Volume Forecast by Application
6.3.1. Chemical Packaging
6.3.2. Food Packaging
6.3.3. Electromechanical Products Packaging
6.3.4. Textile products Packaging
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hi-Performance Stretch Film Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hi-Performance Stretch Film Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hi-Performance Stretch Film Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hi-Performance Stretch Film Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hi-Performance Stretch Film Demand Share Forecast, 2019-2029
9. North America Hi-Performance Stretch Film Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hi-Performance Stretch Film Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hi-Performance Stretch Film Market Size and Volume Forecast by Application
9.4.1. Chemical Packaging
9.4.2. Food Packaging
9.4.3. Electromechanical Products Packaging
9.4.4. Textile products Packaging
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hi-Performance Stretch Film Market Size and Volume Forecast by Type
9.7.1. Manual Stretch Film
9.7.2. Machine Stretch Film
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hi-Performance Stretch Film Demand Share Forecast, 2019-2029
10. Latin America Hi-Performance Stretch Film Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hi-Performance Stretch Film Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hi-Performance Stretch Film Market Size and Volume Forecast by Application
10.4.1. Chemical Packaging
10.4.2. Food Packaging
10.4.3. Electromechanical Products Packaging
10.4.4. Textile products Packaging
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hi-Performance Stretch Film Market Size and Volume Forecast by Type
10.7.1. Manual Stretch Film
10.7.2. Machine Stretch Film
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hi-Performance Stretch Film Demand Share Forecast, 2019-2029
11. Europe Hi-Performance Stretch Film Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hi-Performance Stretch Film Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hi-Performance Stretch Film Market Size and Volume Forecast by Application
11.4.1. Chemical Packaging
11.4.2. Food Packaging
11.4.3. Electromechanical Products Packaging
11.4.4. Textile products Packaging
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hi-Performance Stretch Film Market Size and Volume Forecast by Type
11.7.1. Manual Stretch Film
11.7.2. Machine Stretch Film
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hi-Performance Stretch Film Demand Share, 2019-2029
12. Asia Pacific Hi-Performance Stretch Film Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hi-Performance Stretch Film Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hi-Performance Stretch Film Market Size and Volume Forecast by Application
12.4.1. Chemical Packaging
12.4.2. Food Packaging
12.4.3. Electromechanical Products Packaging
12.4.4. Textile products Packaging
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hi-Performance Stretch Film Market Size and Volume Forecast by Type
12.7.1. Manual Stretch Film
12.7.2. Machine Stretch Film
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hi-Performance Stretch Film Demand Share, 2019-2029
13. Middle East & Africa Hi-Performance Stretch Film Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hi-Performance Stretch Film Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hi-Performance Stretch Film Market Size and Volume Forecast by Application
13.4.1. Chemical Packaging
13.4.2. Food Packaging
13.4.3. Electromechanical Products Packaging
13.4.4. Textile products Packaging
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hi-Performance Stretch Film Market Size and Volume Forecast by Type
13.7.1. Manual Stretch Film
13.7.2. Machine Stretch Film
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hi-Performance Stretch Film Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Hi-Performance Stretch Film Market: Market Share Analysis
14.2. Hi-Performance Stretch Film Distributors and Customers
14.3. Hi-Performance Stretch Film Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DUO PLAST
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hipac
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hi-Tech Plastics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Berry Global
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rapid Packaging
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Thong Guan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Paragon Films
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Crawford Packaging
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Atlantic Packaging
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. IPG
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Norflex
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. AEP Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Muller LCS
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Pep Cee Pack Industries
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Respack
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Material Motion
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
