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Global Stretch Packaging Market Size, Trends & Growth Opportunity, By Material (Linear Low Density Polyethylene (LLDPE), Low Density Polyethylene (LDPE), Poly Vinyl Chloride (PVC), Others), By Application (Food & Beverages, Industrial Goods, Consumer Product, Other), By Region and Forecast till 2027.


Report ID : IR1001077 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 236

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  • Global Stretch Packaging Market Size, Trends & Growth Opportunity, By Material (Linear Low Density Polyethylene (LLDPE), Low Density Polyethylene (LDPE), Poly Vinyl Chloride (PVC), Others), By Application (Food & Beverages, Industrial Goods, Consumer Product, Other), By Region and Forecast till 2027.
    Global Stretch Packaging Market.
    The global Stretch Packaging market was valued at USD 2,490.23 million in 2021 which expected to reach USD 3,950.45 million by 2027 at a CAGR 6.25% from 2022-2027.
    Stretch packaging is a type of plastic that is extremely flexible and is used to protect products during shipping and delivery. Stretch packing, also known as stretch films, comprises shielding a product from the environment by using long-lasting containers, shipping racks, dunnage, pallets, and stretch films.
    Because of the expansion of shipping and transportation, proper product packaging is becoming increasingly important in developing a strong brand identity in today's competitive industry.
    Market Drivers
    Increased R&D efforts that produce new products that are more effective than existing ones are anticipated to cause the stretch packaging market to expand at a constant rate. The market development rate is being actively driven by the numerous benefits, including affordability, energy efficiency, user-friendliness, and a quicker and better alternative than shrink film products. 
    The development of new government policies supporting packaging solutions, growing demand for sustainable sources in delivery and other food services, and rising disposable income all contribute to the market's expansion. 
    Market challenges
    Rising raw material prices and the availability of specialized substitutes like stretch hoods are limiting the market's development. In addition, growing environmental worries are restricting market expansion. Parallel to the increase in demand for packaging-related goods, plastic use has increased. Environmental concerns are on the rise as a result of the need for appropriate plastic disposal.
    According to the United Nations, recycling only accounts for 9% of all plastic waste (UN). The remaining 79 percent were buried, dumped, or left outside. Only about 12% of them were incinerated. Strict regulations intended to reduce the use of plastic will pose a threat to stretch film producers.
    Market Segmentation
    The Global Stretch Packaging Market is segmented into Material, Application. By Material such as Linear Low Density Polyethylene (LLDPE), Low Density Polyethylene (LDPE), Poly Vinyl Chloride (PVC), Others. Further, market is segmented into By Application such as Food & Beverages, Industrial Goods, Consumer Product, Other.
    Regional Analysis
    Global Stretch Packaging Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American stretch packaging market represents the largest share of the global market as a result of increasing consumption, demand, and material developments for stretch films for ready-to-eat food. Rising concerns and knowledge about sustainable packaging solutions are predicted to play a role in the market's growth in the region's countries.
    The rapidly growing industrialization in emerging nations is expected to increase the revenue of the stretch packaging market in the Asia Pacific area.
    Key Players
    Various key players are listed in this report such as Bemis Company Inc, Berry GlobalInc, Amcor Ltd, Sigma Plastics GroupInc, AEP Industries Inc, DUO PLAST AG, Four Star Plastics, U.S. Packaging & Wrapping LLC, Bagla Group of Companies
    Market Taxonomy
    By Material

    • Linear Low Density Polyethylene (LLDPE)
    • Low Density Polyethylene (LDPE)
    • Poly Vinyl Chloride (PVC)
    • Others 
    By Application
    • Food & Beverages
    • Industrial Goods
    • Consumer Product
    • Other
    By Region
    • North America
    • Latin America
    • Europe
    • China
    • Asia Pacific
    • Middle East & Africa
    Key Questions Addressed by the Report
    • What are the Key Opportunities in Global Stretch Packaging Market?
    • What will be the growth rate from 2022 to 2027?
    • Which segment/region will have highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the competitive Landscape in the Industry?
    • What is the role of key players in the value chain?

    Global Stretch Packaging Market 
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Stretch Packaging Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Stretch Packaging Market, By Material
    5.1 Y-o-Y Growth Comparison, By Material 
    5.2 Global Stretch Packaging Market Share Analysis, By Material 
    5.3 Global Stretch Packaging Market Size and Forecast, By Material
    5.3.1 Linear Low Density Polyethylene (LLDPE)
    5.3.2 Low Density Polyethylene (LDPE)
    5.3.3 Poly Vinyl Chloride (PVC)
    5.3.4 Others 
    6 Global Stretch Packaging Market, By Application
    6.1 Y-o-Y Growth Comparison, By Application
    6.2 Global Stretch Packaging Market Share Analysis, By Application
    6.3 Global Stretch Packaging Market Size and Forecast, By Application
    6.3. 1 Food & Beverages
    6.3.2 Industrial Goods
    6.3.3 Consumer Product
    6.3.4 Other
    7 Global Stretch Packaging Market, By Region
    7.1 Global Stretch Packaging Market Share Analysis, By Region
    7.2 Global Stretch Packaging Market Share Analysis, By Region
    7.3 Global Stretch Packaging Market Size and Forecast, By Region
    8 North America Stretch Packaging Market Analysis and Forecast (2022-2027)
    8.1 Introduction
    8.2 North America Stretch Packaging Market Share Analysis, By Material
    8.3 North America Stretch Packaging Market Size and Forecast, By Application
    8.4 North America Stretch Packaging Market Size and Forecast, By Country
    8.5.1 U.S.
    8.6.2 Canada
    9.7.3 Mexico
    9 Europe Stretch Packaging Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 Europe Stretch Packaging Market Share Analysis, By Material 
    9.3 Europe Stretch Packaging Market Size and Forecast, By Application 
    9.4 Europe Stretch Packaging Market Size and Forecast, By Country
    9.5.1 Germany
    9.6.2 France
    9.7.3 UK
    9.8.4. Rest of Europe
    10 Asia Pacific Stretch Packaging Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Asia Pacific Stretch Packaging Market Share Analysis, By Material 
    10.3 Asia Pacific Stretch Packaging Market Size and Forecast, By Application 
    10.4 Asia Pacific Stretch Packaging Market Size and Forecast, By Country
    10.5.1 China 
    10.6.2 Japan
    10.7.3 India
    10.8.4. Rest of Asia Pacific
    11 Latin America Stretch Packaging Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Latin America Stretch Packaging Market Share Analysis, By Material 
    11.3 Latin America Stretch Packaging Market Size and Forecast, By Application 
    11.4 Latin America Stretch Packaging Market Size and Forecast, Country
    11.5.1. Brazil
    11.6.2. Rest of Latin America
    12 Middle East Stretch Packaging Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Middle East Stretch Packaging Market Share Analysis, By Material 
    12.3 Middle East Stretch Packaging Market Size and Forecast, By Application 
    12.4 Middle East Stretch Packaging Market Size and Forecast, By Country
    12.5.1. Saudi Arabia
    12.6.2. UAE
    12.7.3. Egypt
    12.8.4. Kuwait
    12.9.5. South Africa
    13 Competitive Analysis
    13.1 Competition Dashboard
    13.2 Market share Analysis of Top Vendors
    13.3 Key Development Strategies
    14Company Profiles
    14.1 Bemis Company Inc
    14.1.1 Overview
    14.1.2 Offerings
    14.1.3 Key Financials
    14.1.4 Business Segment & Geographic Overview
    14.1.5 Key Market Developments
    14.1.6 Key Strategies
    14.2. Berry GlobalInc
    14.2.1 Overview
    14.2.2 Offerings
    14.2.3 Key Financials
    14.2.4 Business Segment & Geographic Overview
    14.2.5 Key Market Developments
    14.2.6 Key Strategies
    14.3. Amcor Ltd
    14.3.1 Overview
    14.3.2 Offerings
    14.3.3 Key Financials
    14.3.4 Business Segment & Geographic Overview
    14.3.5 Key Market Developments
    14.3.6 Key Strategies
    14.4 Sigma Plastics GroupInc
    14.4.1 Overview
    14.4.2 Offerings
    14.4.3 Key Financials
    14.4.4 Business Segment & Geographic Overview
    14.4.5 Key Market Developments
    14.4.6 Key Strategies
    14.5 AEP Industries Inc
    14.5.1 Overview
    14.5.2 Offerings
    14.5.3 Key Financials
    14.5.4 Business Segment & Geographic Overview
    14.5.5 Key Market Developments
    14.5.6 Key Strategies
    14.6 DUO PLAST AG
    14.6.1 Overview
    14.6.2 Offerings
    14.6.3 Key Financials
    14.6.4 Business Segment & Geographic Overview
    14.6.5 Key Market Developments
    14.6.6 Key Strategies
    14.7 Four Star Plastics
    14.7.1 Overview
    14.7.2 Offerings
    14.7.3 Key Financials
    14.7.4 Business Segment & Geographic Overview
    14.7.5 Key Market Developments
    14.7.6 Key Strategies 
    14.8 U.S. Packaging & Wrapping LLC
    14.8.1 Overview
    14.8.2 Offerings
    14.8.3 Key Financials
    14.8.4 Business Segment & Geographic Overview
    14.8.5 Key Market Developments
    14.8.6 Key Strategies
    14.9 Bagla Group of Companies
    14.9.1 Overview
    14.9.2 Offerings
    14.9.3 Key Financials
    14.9.4 Business Segment & Geographic Overview
    14.9.5 Key Market Developments
    14.9.6 Key Strategies