Machine Stretch Films Market: By Material and Low-density polyethylene ), Polypropylene and Polyvinyl Chloride ), By Product, By Manufacturing, By End-User and Geography
Machine Stretch Films Market size was valued at US$ 8175.9 million in 2023 and is expected to reach US$ 10875.9 by 2030, at a CAGR of 6.2% from 2024-2030. Stretch films are highly engineered polythene films that are utilized in packaging goods. Due to their exceptional properties such as elasticity and flexibility they are primarily used to wrap the pallet loads because of their distinct properties of being moisture and air-resistant which prevents the goods from getting damaged and thus enhancing the quality of these goods. The rise in the use of machine stretch films in the paper and printing sectors, electronic manufacturing sectors, healthcare industries, food, and beverage manufacturing industries boosts the growth of the market. Also, the digitalization process increased the market of online shopping which boosted the trend of labeling and packing. However, the high cost of manufacturing materials and the concerns related to pollution are the major factors hindering the growth of the market.
Study Period
2024-2030Base Year
2023CAGR
6.2%Largest Market
EuropeFastest Growing Market
Asia-Pacific
Machine stretch films are mainly characterized by high shear strength, high tensile strength, high abrasion resistance, and good aging resistance. Rapidly growing demand from end-user applications such as paper & printing, packaging, electronics, and labeling. Additionally, stretch films improve wrapping processes, reduce time, reduce the charge, and offer strong load protection. In Addition, growing in the digitalization boost online shopping is getting more attention and popular where packing and labeling are required.
Asia region accounted for larger revenue share in global machine stretch films market with on side able CAGR. The growth in this region can be attributed to the rise in the manufacturing industries such as paper & printing, electronic equipment, mobile phones, food, and beverages. Therefore, the growth of consumers is expected to boost the demand for machine stretch films. Emerging economies such as India, China, Japan, South Korea other regional countries are estimated to witness the fastest progress in the future.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 8175.9 million |
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Market CAGR |
6.2% |
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By Material |
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By Product |
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By Manufacturing |
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By End User |
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The machine stretch films market size was valued at US$ 8175.9 million in 2023
The machine stretch films market key players are: Berry Plastics Corporation DUO PLAST Eurofilms Extrusion Huatong United (Nantong) Plastic Industry M. Group Integrated Packaging Group Inteplast Group J. Maillis Mima Film Paragon Films Scientex Berhad Sigma Plastics Group Thong Guan Industries
The machine stretch films market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Machine Stretch Films Market Introduction |
| 2.1.Global Machine Stretch Films Market - Taxonomy |
| 2.2.Global Machine Stretch Films Market - Definitions |
| 2.2.1.Material |
| 2.2.2.Product |
| 2.2.3.Manufacturing |
| 2.2.4.By End User |
| 2.2.5.Region |
| 3. Global Machine Stretch Films Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Machine Stretch Films Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Machine Stretch Films Market By Material, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Polyethylene (PE) |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Linear low-density polyethylene (LLDPE) |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Low-density polyethylene (LDPE) |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Polypropylene (PP) |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Polyvinyl Chloride (PVC) |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. Global Machine Stretch Films Market By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Hand Stretch Film |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Machine Stretch Film |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Specialty Stretch Film |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Global Machine Stretch Films Market By Manufacturing, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Cast stretch Film |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Blown Stretch Film |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8. Global Machine Stretch Films Market By By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Food & Beverages |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Pharmaceutical |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Personal Care |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Electronics |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 9. Global Machine Stretch Films Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10. North America Machine Stretch Films Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Polyethylene (PE) |
| 10.1.2.Linear low-density polyethylene (LLDPE) |
| 10.1.3.Low-density polyethylene (LDPE) |
| 10.1.4.Polypropylene (PP) |
| 10.1.5.Polyvinyl Chloride (PVC) |
| 10.2. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Hand Stretch Film |
| 10.2.2.Machine Stretch Film |
| 10.2.3.Specialty Stretch Film |
| 10.3. Manufacturing Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Cast stretch Film |
| 10.3.2.Blown Stretch Film |
| 10.4. By End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Food & Beverages |
| 10.4.2.Pharmaceutical |
| 10.4.3.Personal Care |
| 10.4.4.Electronics |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11. Europe Machine Stretch Films Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Polyethylene (PE) |
| 11.1.2.Linear low-density polyethylene (LLDPE) |
| 11.1.3.Low-density polyethylene (LDPE) |
| 11.1.4.Polypropylene (PP) |
| 11.1.5.Polyvinyl Chloride (PVC) |
| 11.2. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Hand Stretch Film |
| 11.2.2.Machine Stretch Film |
| 11.2.3.Specialty Stretch Film |
| 11.3. Manufacturing Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Cast stretch Film |
| 11.3.2.Blown Stretch Film |
| 11.4. By End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Food & Beverages |
| 11.4.2.Pharmaceutical |
| 11.4.3.Personal Care |
| 11.4.4.Electronics |
| 11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 11.5.6.Rest of EU |
| 12. Asia Pacific (APAC) Machine Stretch Films Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Polyethylene (PE) |
| 12.1.2.Linear low-density polyethylene (LLDPE) |
| 12.1.3.Low-density polyethylene (LDPE) |
| 12.1.4.Polypropylene (PP) |
| 12.1.5.Polyvinyl Chloride (PVC) |
| 12.2. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Hand Stretch Film |
| 12.2.2.Machine Stretch Film |
| 12.2.3.Specialty Stretch Film |
| 12.3. Manufacturing Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Cast stretch Film |
| 12.3.2.Blown Stretch Film |
| 12.4. By End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Food & Beverages |
| 12.4.2.Pharmaceutical |
| 12.4.3.Personal Care |
| 12.4.4.Electronics |
| 12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13. Middle East and Africa (MEA) Machine Stretch Films Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Polyethylene (PE) |
| 13.1.2.Linear low-density polyethylene (LLDPE) |
| 13.1.3.Low-density polyethylene (LDPE) |
| 13.1.4.Polypropylene (PP) |
| 13.1.5.Polyvinyl Chloride (PVC) |
| 13.2. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Hand Stretch Film |
| 13.2.2.Machine Stretch Film |
| 13.2.3.Specialty Stretch Film |
| 13.3. Manufacturing Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Cast stretch Film |
| 13.3.2.Blown Stretch Film |
| 13.4. By End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Food & Beverages |
| 13.4.2.Pharmaceutical |
| 13.4.3.Personal Care |
| 13.4.4.Electronics |
| 13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14. Latin America Machine Stretch Films Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 14.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Polyethylene (PE) |
| 14.1.2.Linear low-density polyethylene (LLDPE) |
| 14.1.3.Low-density polyethylene (LDPE) |
| 14.1.4.Polypropylene (PP) |
| 14.1.5.Polyvinyl Chloride (PVC) |
| 14.2. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Hand Stretch Film |
| 14.2.2.Machine Stretch Film |
| 14.2.3.Specialty Stretch Film |
| 14.3. Manufacturing Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Cast stretch Film |
| 14.3.2.Blown Stretch Film |
| 14.4. By End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Food & Beverages |
| 14.4.2.Pharmaceutical |
| 14.4.3.Personal Care |
| 14.4.4.Electronics |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.Berry Plastics Corporation |
| 15.2.2.DUO PLAST |
| 15.2.3.Eurofilms Extrusion |
| 15.2.4.Huatong United (Nantong) Plastic Industry |
| 15.2.5.M. Group |
| 15.2.6.Integrated Packaging Group |
| 15.2.7.Inteplast Group |
| 15.2.8.J. Maillis |
| 15.2.9.Mima Film |
| 15.2.10.Paragon Films |
| 15.2.11.Scientex Berhad |
| 15.2.12.Sigma Plastics Group |
| 15.2.13.Thong Guan Industries |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.
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