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Stretch and Shrink Films Market Report


Company Analysis, History and Future Overview, Global Sales Trends by 2025


Published Date: 2020-01-16   |   Pages: Ongoing   |   Tables: Ongoing   |  Report ID: 8281 |  Industry: Chemical & Material  |   Format : pdf word ppt excel



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Packaging has an essential role to play in protecting the products from contamination and retaining their quality. Stretch and Shrink Films are gaining immense recognition as an effective packaging solution across various end-use industries, particularly food and beverages. Manufacturers are making them available in varied types, clarities, thicknesses, strengths, and shrink ratios to meet the requirements of the end users.

Food Processing Industry to Raise Demand for Stretch and Shrink Films

Rapid growth of the food processing industry is one of the key reasons behind increased demand for Stretch and Shrink Films. Advantages associated with these films including lightweight, high barrier properties, durability, and affordability are increasing its adoption across varied industries. Booming retail and e-commerce industries have created robust demand for packaged food and beverages, thus increasing the usage of Stretch and Shrink Films. Increasing adoption of bioplastic will have a positive impact on the Stretch and Shrink Films market growth. However, high cost of the manufacturing process my hamper the growth of the Stretch and Shrink Films market in future.

Manufacturers to Invest in Technology Advancements in Future

The researchers have listed and analysed the activities of the key manufacturers of Stretch and Shrink Films including Berry Plastics, Anchor Packaging, Intertape Polymer Group, FUJI Seal International, Sigma, Dupont, Bemis, AEP Industries, Bonset America, Linpac Senior Holdings, and Groupo Barbier.

Key players in the Stretch and Shrink Films market are making huge investments in novel technologies with an aim to develop unique films, while focusing on reducing manufacturing cost. They are also considering other strategic initiatives such as portfolio expansion, novel product development, and extensive research and development.

Market Segmentation

By Resin

 LLDPE

LDPE

PVC

By Product Type

  Hoods

 Warps

 Sleeve Labels

By Application

Food & Beverage

Industrial Packaging

Pharmaceutical

Consumer Goods

As per the market analysts, demand for Linear Low-Density Polyethylene (LLDPE) will witness an increase in the years to come. This is attributed to its widespread usage in the packaging industry on the back of its flexibility, strength, and conformability, thereby making it suitable for stretching. Surge in the demand for ready to go meals and packaged food items and beverages among consumers is raising the application of Stretch and Shrink Films in the food and beverage sector. Moreover, need for durable packaging in order to maintain the quality and taste of the food is high in this sector. Usage of hoods will gain traction due to their comparatively higher output than other types.

By Region

world_regions

Analysts have anticipated that APAC is expected to witness robust demand for stretch and shrink films from the packaging and manufacturing industries. Moreover, rapidly growing retail sector in the developing countries is increasing the application of Stretch and Shrink Films. Presence of well-developed transportation sector could support demand for these films in North America. The US is the major contributor to the regional market growth.

The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.

Analysts have used investigative approach to deduce important elements pertinent to the industry. The reports are aimed towards giving the reader a holistic approach about the industry’s development and future scenario. Competitive landscapes have been written with in-depth analysis of the historical data and careful understanding of the management styles. QYR Consulting aims to provide the readers a guided approach towards making well-informed business decisions through its research reports.

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.



Stretch and Shrink Films Market Report