Market Overview:
The global stretch films market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to the increasing demand for stretch films from various end-use industries such as food & beverage, pharmaceuticals, personal care, electronics, paper & textiles and others. In terms of type, polyethylene (PE) is expected to dominate the global stretch films market during the forecast period owing to its properties such as high tensile strength and puncture resistance. In terms of application, food & beverage segment is projected to account for highest share in terms of revenue in 2018 and is also anticipated to grow at a higher CAGR over the forecast period.
Product Definition:
Stretch films are thin, plastic films that are stretched over objects to hold them together. They are often used to wrap packages or bundles of items together.
Polyethylene (PE):
Polyethylene is a widely used polymer in the stretch film industry. It is a tough, clear plastic that can be recycled and reused. PE films are available in various thicknesses ranging from .07 to .9mm.
Polypropylene (PP):
Stretch films are made from Polypropylene (PP) and it is a type of plastic film that can be stretchable up to three times its original length. It is widely used in the packaging industry for food & beverages, consumer goods, clothing & apparel, and others. PP stretch films have high tensile strength which makes them suitable for packaging applications such as food processing equipment where they are exposed to mechanical stress.
Application Insights:
The food and beverage application segment led the global stretch films market in 2017, accounting for a share of over 35.0%. This is attributed to rising demand for packaged foods, including ready-to-eat meals, frozen meals, snack foods and bakery products. In addition, growing consumption of alcoholic drinks is expected to contribute toward the growth of this segment over the forecast period.
Stretch films are used in several applications such as food & beverage industry (confectionery packaging), pharmaceuticals ( blister packaging), personal care products (cosmetic packaging) and electronics/electrical appliances (TV/monitor stand). The expansion of retail networks by multinational companies coupled with increasing consumer disposable income levels across developing countries such as India and China are expected to drive demand from these applications over the forecast period.
Regional Analysis:
North America was the largest regional market in 2017 owing to the presence of a large number of industry participants and high demand for stretch films from various end-use industries. The region is expected to maintain its dominance over the forecast period as well. Asia Pacific is projected to be one of the fastest growing regions during the forecast years on account of rapid industrialization, improving economic conditions, and rising consumer disposable income levels. In addition, favorable government policies aimed at promoting FDI are also likely to contribute toward growth in this region.
The European market consists mainly of Germany which accounted for more than 25% share in terms of volume as well as revenue generated by stretch films within Europe in 2017 due to high product utilization across several end-use industries such as food & beverage, pharmaceuticals and electronics among others.
Growth Factors:
- Increasing demand for stretch films from the packaging industry as a result of the growth in global trade and the rise in e-commerce
- The increasing use of stretch films in end-use applications such as food & beverage, automotive, and construction industries
- Rising demand for biodegradable and compostable stretch films due to environmental concerns
- Technological advancements that have led to the development of new and innovative products with enhanced properties
- Growing popularity of pallet wrapping machines that use stretch films for securing loads during transportation
Scope Of The Report
Report Attributes
Report Details
Report Title
Stretch Films Market Research Report
By Type
Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride(PVC)
By Application
Food & Beverage, Pharmaceutical, Personal Care, Electronics, Paper & Textiles, Others
By Companies
Intertape Polymer Group, Berry Global Group, AEP Industries, Smurfit Kappa Group, Scientex Berhad, Sigma Stretch Film, Anchor Packaging, Coveris, POLIFILM GmbH, Paragon Films
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Stretch Films Market Report Segments:
The global Stretch 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
Food & Beverage, Pharmaceutical, Personal Care, Electronics, Paper & Textiles, 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:
- Intertape Polymer Group
- Berry Global Group
- AEP Industries
- Smurfit Kappa Group
- Scientex Berhad
- Sigma Stretch Film
- Anchor Packaging
- Coveris
- POLIFILM GmbH
- Paragon Films
Highlights of The Stretch 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:
- Food & Beverage
- Pharmaceutical
- Personal Care
- Electronics
- Paper & Textiles
- 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 Stretch 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
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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?
Stretch Films is a type of motion picture film that has been stretched or pulled in one direction more than another.
Some of the key players operating in the stretch films market are Intertape Polymer Group, Berry Global Group, AEP Industries, Smurfit Kappa Group, Scientex Berhad, Sigma Stretch Film, Anchor Packaging, Coveris, POLIFILM GmbH, Paragon Films.
The stretch films market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stretch Films 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. Stretch Films Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stretch Films Market - Supply Chain
4.5. Global Stretch Films Market Forecast
4.5.1. Stretch Films Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stretch Films Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stretch Films Market Absolute $ Opportunity
5. Global Stretch Films 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. Stretch Films Market Size and Volume Forecast by Type
5.3.1. Polyethylene (PE)
5.3.2. Polypropylene (PP)
5.3.3. Polyvinyl Chloride(PVC)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stretch Films 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. Stretch Films Market Size and Volume Forecast by Application
6.3.1. Food & Beverage
6.3.2. Pharmaceutical
6.3.3. Personal Care
6.3.4. Electronics
6.3.5. Paper & Textiles
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stretch Films 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. Stretch Films 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 Stretch Films 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. Stretch Films 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 Stretch Films Demand Share Forecast, 2019-2026
9. North America Stretch Films 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 Stretch Films 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 Stretch Films Market Size and Volume Forecast by Application
9.4.1. Food & Beverage
9.4.2. Pharmaceutical
9.4.3. Personal Care
9.4.4. Electronics
9.4.5. Paper & Textiles
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stretch Films Market Size and Volume Forecast by Type
9.7.1. Polyethylene (PE)
9.7.2. Polypropylene (PP)
9.7.3. Polyvinyl Chloride(PVC)
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 Stretch Films Demand Share Forecast, 2019-2026
10. Latin America Stretch Films 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 Stretch Films 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 Stretch Films Market Size and Volume Forecast by Application
10.4.1. Food & Beverage
10.4.2. Pharmaceutical
10.4.3. Personal Care
10.4.4. Electronics
10.4.5. Paper & Textiles
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stretch Films Market Size and Volume Forecast by Type
10.7.1. Polyethylene (PE)
10.7.2. Polypropylene (PP)
10.7.3. Polyvinyl Chloride(PVC)
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 Stretch Films Demand Share Forecast, 2019-2026
11. Europe Stretch Films 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 Stretch Films 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 Stretch Films Market Size and Volume Forecast by Application
11.4.1. Food & Beverage
11.4.2. Pharmaceutical
11.4.3. Personal Care
11.4.4. Electronics
11.4.5. Paper & Textiles
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stretch Films Market Size and Volume Forecast by Type
11.7.1. Polyethylene (PE)
11.7.2. Polypropylene (PP)
11.7.3. Polyvinyl Chloride(PVC)
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 Stretch Films Demand Share, 2019-2026
12. Asia Pacific Stretch Films 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 Stretch Films 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 Stretch Films Market Size and Volume Forecast by Application
12.4.1. Food & Beverage
12.4.2. Pharmaceutical
12.4.3. Personal Care
12.4.4. Electronics
12.4.5. Paper & Textiles
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stretch Films Market Size and Volume Forecast by Type
12.7.1. Polyethylene (PE)
12.7.2. Polypropylene (PP)
12.7.3. Polyvinyl Chloride(PVC)
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 Stretch Films Demand Share, 2019-2026
13. Middle East & Africa Stretch Films 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 Stretch Films 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 Stretch Films Market Size and Volume Forecast by Application
13.4.1. Food & Beverage
13.4.2. Pharmaceutical
13.4.3. Personal Care
13.4.4. Electronics
13.4.5. Paper & Textiles
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stretch Films Market Size and Volume Forecast by Type
13.7.1. Polyethylene (PE)
13.7.2. Polypropylene (PP)
13.7.3. Polyvinyl Chloride(PVC)
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 Stretch Films Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stretch Films Market: Market Share Analysis
14.2. Stretch Films Distributors and Customers
14.3. Stretch Films Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Intertape Polymer Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Berry Global Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AEP Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Smurfit Kappa Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Scientex Berhad
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sigma Stretch Film
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Anchor Packaging
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Coveris
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. POLIFILM GmbH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Paragon Films
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
