Precision Business Insights
Portfolio

 

Research Reports

Stretch and Shrink Film Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025

Global Stretch and Shrink Film Market by Resin (LLDPE, LDPE, PVC, and Others), By Application (Food & beverage,  Industrial packaging, Consumer goods, Pharmaceutical), By Product Type (Hoods, Sleeves and labels, Wraps), and Geography.

 

Global Stretch and Shrink Film market report gives a comprehensive outlook on Stretch and Shrink Film market across the regions like North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The report on global Stretch and Shrink Film market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application and country. This report studies global Stretch and Shrink Film market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market.

 

Global Stretch and Shrink Film market report include competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Stretch and Shrink Film market to better equip clients with possible investment opportunities across the Countries (Country Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global Stretch and Shrink Film market report include suppliers, manufacturers, marketers, policy makers, and recent market activities.

 

Global Stretch and Shrink Film Market:

The market is expected to witness significant growth owing to growing technological innovations with respect to stretch films. The raw material prices exhibit a high degree of volatility owing to fluctuating crude oil prices which further imparts a degree of uncertainty in the price of shrink films. The demand for polyethylene-based plastic films is expected to register growth owing to increasing rejection of polyvinyl chloride films. The economy is one of the major manufacturers of processed food which finds high use of stretch films in both primary and secondary packaging.

 

The demand for LLDPE based films in food processing industry is expected to grow on account of high transparency coupled with superior performance as a food contact material. Growing demand for the product due to burgeoning food processing industry has led to an increase in the consumption of the product. In addition, high product demand food items, including fruits, vegetables, is expected to drive the market growth over the forecast period. However, the use of alternative packaging material and high degree of volatility owing to fluctuating crude oil prices which further imparts a degree of uncertainty in the price of shrink films can restraint the growth of stretch and shrink film market during the forecast period.

 

Strategic Business Acquisitions Fuels the Growth of Stretch and Shrink Film Market

Companies are investing heavily and are entering into mergers and acquisitions to tap the stretch and shrink market potential globally. For instance, in June. 2, 2014– Berry Plastics Group, Inc. (NYSE:BERY) announced that it has completed the previously announced acquisition of Rexam’s Healthcare Containers and Closures (C&C) business.

 

Rapid Growth of Food & Beverage Industries Accelerates the Growth of Stretch and Shrink Film Market

Rapid growth in the food and beverage (F&B) sector is the key driver for the growth of this market. This sector is predicted to be the major customer for plastic packaging and stretch and shrink films during the forecast period. Since products in this sector are fast moving, they need to be light and cheap to reduce the transportation cost and facilitate instant disposal. The inherent property of plastics to mold into various shapes and sizes for the consumption, storage, and transportation of edible items is expected to facilitate market growth during the forecast period.

 

Asia Pacific Accounts for Larger Market Revenue Share in Global Stretch and Shrink Film Market

North America stretch and shrink film market has lucrative growth attributed to the presence of a number of consumer goods manufacturing companies such as Groupo Bimbo in Mexico and Canada is expected to result in a high demand for the product. The use of the product for secondary packaging of products including, beverages, household, and personal care products is expected to drive the industry growth.  Europe stretch and shrink film market is expected to register a limited growth on account of the prevalence of regulations regarding the use of plastics for food contact applications.

 

Manufacturers in the region develop advanced products that conform to the mandated standards, thereby driving up the product prices in the region. Asia Pacific stretch and shrink film market hold the maximum share XX% of global stretch films market revenue share in 2015. The region is expected to dominate due to growing food & beverage particularly in China and India. Increasing demand for packaged food coupled with growing disposable income of consumers is expected to propel demand for flexible packaging over the forecast period.

 

Competition Assessment

Key players profiled in the global stretch and shrink film market include:

  • Anchor Packaging,
  • Berry Plastics,
  • AEP Industries Inc. ,
  • Bemis Company Inc. ,
  • Dow Chemical Company ,
  • I. du Pont de Nemours and Co (DuPont),
  • FUJI Seal International Inc.,
  • Intertape Polymer Group Inc

 

The presence of many multinational, regional, and local vendors in this market results in intense competition during the forecast period. In this market, the local players offer innovative solutions at a price lower than the international players, which leads to price wars among the vendors. The international players in this market are expected to exhibit inorganic growth during the forecast period as their growth is heavily dependent on the acquisition of local players.

 

Key Findings of the Report:

 

Global Stretch and Shrink Film  market expanding at significant CAGR over 2019 to 2025 to reach market value of US$ XX Mn by 2025 owing to increasing demand from end user industries such as aerospace, automotive, construction, and medical.

  • Based on product type stretch hood segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period.
  • Based on application type food and beverage segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period.
  • Players focusing on mergers and acquisitions strategies to retain market position in global Stretch and Shrink Film market

 

Key Features of the Report:

 

  • The report provides granular level information about the market size, country market share, historic market (2014-2018) and forecast (2019-2025)
  • The report covers in-detail insights about the competitor’s overview, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

 

Detailed Segmentation

By Resin Type

  • LLDPE
  • LDPE
  • PVC
  • Others

 

By Application Type

  • Food & beverage
  • Industrial packaging
  • Consumer goods
  • Pharmaceutical

 

By Product Type

 

  • Hoods
  • Sleeves and labels
  • Wraps

 

Geography

 

North America

  • US.
  • Canada

Europe

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • ASEAN
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Rest of Latin America

Middle East and Africa

  • South Africa
  • Gulf Corporation Council Countries (GCC)
  • Rest of MEA

1. Executive Summary

 

2. Global Stretch and Shrink Film  Market Introduction

 

2.1. Global Stretch and Shrink Film   Market – Taxonomy

2.2. Global Stretch and Shrink Film   Market –Definitions

2.2.1. Resin

2.2.2. Application

2.2.3. Product

 

3. Global Stretch and Shrink Film  Market Dynamics

 

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Global Stretch and Shrink Film   Market Dynamic Factors – Impact Analysis

3.6. Global Stretch and Shrink Film   Market – Competition Landscape

 

4. Global Stretch and Shrink Film   Market Analysis, 2014 – 2018 and Forecast, 2018 – 2025

 

4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

 

5. Global Stretch and Shrink Film   Market, By Resin Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

 

5.1. LLDPE

5.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3. Market Opportunity Analysis

5.2. LDPE

5.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

5.3. PVC

5.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.3.3. Market Opportunity Analysis

 

6. Global Stretch and Shrink Film  Market Forecast, By Application, 2014 – 2018 and Forecast, 2019 – 2025

 

6.1. Food & Beverage

6.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.3. Market Opportunity Analysis

6.2. Industrial Packaging

6.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

6.3. Consumer Goods

6.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.3.3. Market opportunity analysis

 

7. Global Stretch and Shrink Film  Market Forecast, By Product Type, 2014 – 2018 and Forecast, 2019 – 2025

 

7.1. Hoods

7.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Sleeves & Labels

7.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

7.3. Wraps

7.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.3.3. Market Opportunity Analysis

 

8. Market Opportunity Analysis Global Stretch and Shrink Film Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

 

8.1. North America

8.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.1.3. Market Opportunity Analysis

8.2. Europe

8.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.2.3. Market Opportunity Analysis

8.3. Asia-Pacific

8.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.3.3. Market Opportunity Analysis

8.4. Latin America

8.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.4.3. Market Opportunity Analysis

8.5. Middle East and Africa

8.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.5.3. Market Opportunity Analysis

8.6. Global Stretch and Shrink Film   Market – Opportunity Analysis Index, By Resin, Application, Product Type, and Region, 2018 – 2025

 

9. North America Stretch and Shrink Film  Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

 

9.1. Resin Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

9.1.1. LLDPE

9.1.2. LDPE

9.1.3. PVC

9.2. Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

9.2.1. Food & beverage

9.2.2. Industrial packaging

9.2.3. Consumer goods

9.2.4. Pharmaceutical

9.3. Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

9.3.1. Hoods

9.3.2. Sleeves and labels

9.3.3. Wraps

9.4. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT) Y-o-Y Growth (%) and Market Share (%)           

9.4.1. U.S.

9.4.2. Canada

9.5. North America Stretch and Shrink Film  Market – Opportunity Analysis Index, By Resin, Application, Product Type, and Country, 2019 – 2025

9.6. North America Stretch and Shrink Film  Market Dynamics – Trends

 

10. Europe Stretch and Shrink Film   Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

 

10.1. Resin Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

10.1.1. LLDPE

10.1.2. LDPE

10.1.3. PVC

10.2. Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

10.2.1. Food & beverage

10.2.2. Industrial packaging

10.2.3. Consumer goods

10.2.4. Pharmaceutical

10.3. Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

10.3.1. Hoods

10.3.2. Sleeves and labels

10.3.3. Wraps

10.4. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT) Y-o-Y Growth (%) and Market Share (%)       

10.4.1. Germany

10.4.2. UK

10.4.3. France

10.4.4. Russia

10.4.5. Spain

10.4.6. Italy

10.4.7. Rest of Europe

10.5. Europe Stretch and Shrink Film  Market – Opportunity Analysis Index, By Resin, Application, Product Type, and Country, 2019 – 2025

10.6. Europe Stretch and Shrink Film   Market Dynamics – Trends

 

11. Asia-Pacific Stretch and Shrink Film   Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

 

11.1. Resin Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

11.1.1. LLDPE

11.1.2. LDPE

11.1.3. PVC

11.2. Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

11.2.1. Food & beverage

11.2.2. Industrial packaging

11.2.3. Consumer goods

11.2.4. Pharmaceutical

11.3. Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

11.3.1. Hoods

11.3.2. Sleeves and labels

11.3.3. Wraps

11.4. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT) Y-o-Y Growth (%) and Market Share (%)       

11.4.1. Japan

11.4.2. China

11.4.3. India

11.4.4. ASEAN

11.4.5. Australia & New Zealand

11.4.6. Rest of Asia-Pacific

11.5. Asia-Pacific Stretch and Shrink Film  Market – Opportunity Analysis Index, By Resin, Application, Product Type, and Country, 2019 – 2025

11.6. Asia-Pacific Stretch and Shrink Film  Market Dynamics – Trends

 

12. Latin America Stretch and Shrink Film   Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

 

12.1. Resin Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

12.1.1. LLDPE

12.1.2. LDPE

12.1.3. PVC

12.2. Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

12.2.1. Food & beverage

12.2.2. Industrial packaging

12.2.3. Consumer goods

12.2.4. Pharmaceutical

12.3. Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

12.3.1. Hoods

12.3.2. Sleeves and labels

12.3.3. Wraps

12.4. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT) Y-o-Y Growth (%) and Market Share (%)       

12.4.1. Brazil

12.4.2. Mexico

12.4.3. Argentina

12.4.4. Venezuela

12.4.5. Rest of Latin America

12.5. Latin America Stretch and Shrink Film  Market – Opportunity Analysis Index,  By Resin, Application, Product Type, and Country, 2018 – 2025

12.6. Latin America Stretch and Shrink Film  Market Dynamics – Trends

 

13. Middle East and Africa Stretch and Shrink Film   Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn) Volume (000’ MT)

 

13.1. Resin Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

13.1.1. LLDPE

13.1.2. LDPE

13.1.3. PVC

13.2. Application Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

13.2.1. Food & beverage

13.2.2. Industrial packaging

13.2.3. Consumer goods

13.2.4. Pharmaceutical

13.3. Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT), Y-o-Y Growth (%) and Market Share (%)

13.3.1. Hoods

13.3.2. Sleeves and labels

13.3.3. Wraps

13.4. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by (Revenue, USD Mn) Volume (000’ MT) Y-o-Y Growth (%) and Market Share (%)

13.4.1. Gulf Cooperation Council (GCC) Countries

13.4.2. Israel

13.4.3. South Africa

13.4.4. Rest of MEA

13.5. MEA Stretch and Shrink Film  Market – Opportunity Analysis Index, By Resin, Application, Product Type, and Country, 2019 – 2025

13.6. MEA Stretch and Shrink Film  Market Dynamics – Trends

 

14. Competition Landscape

 

14.1. Strategic Dashboard of Top Market Players

14.2. Company Profiles (Introduction, Financial Analysis, Drug Class & Service Offerings, Key Developments, Strategies, and SWOT Analysis)

14.2.1. Anchor Packaging,

14.2.2. Berry Plastics,

14.2.3. AEP Industries Inc. ,

14.2.4. Bemis Company Inc. ,

14.2.5. Dow Chemical Company ,

14.2.6. E. I. du Pont de Nemours and Co (DuPont),

14.2.7. FUJI Seal International Inc.,

14.2.8. Intertape Polymer Group Inc

 

15. Research Methodology

16. Key Assumptions and Acronyms