Global Biodegradable Stretch Film Market 2024-2030

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    BIODEGRADABLE STRETCH FILM MARKET

     

    INTRODUCTION

     

    Since the beginning of the industry, increasing efficiency has been a goal for packaging, but increasingly, attention has been turned to sustainability.

     

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    Companies have started using environmentally friendly alternatives like cardboard boxes for packaging in place of plastic-based materials.

     

    A biodegradable stretch- film is one of the more significant eco-friendly packaging alternatives made possible by recent advancements.

     

    Many stretch films on the market make the biodegradable promise. Some stretch films can be broken down by OXO. These films contain additives that cause the film to disintegrate into smaller particles.

     

    The film is simply being broken up into smaller particles that can enter the soil and water during this process, which is not actually biodegrading.

     

    Other films have a non-biodegradable glue within the film itself. Other films, which are not biodegradable, are referred to as “degradable.”

     

    BIODEGRADABLE STRETCH FILM MARKET RECENT DEVELOPMENT AND INNOVATION

     

    By creating Oxo-biodegradable stretch film, Signode has now made a ground-breaking breakthrough that, while maintaining all the features of conventional stretch film, also breaks down into smaller biodegradable particles when exposed to oxygen and sunshine.

     

    The Oxo-biodegradable stretch film from Signode will significantly contribute to environmental sustainability. Plastics made from petroleum that have modest amounts of an additive or a catalyst to hasten the biodegradation process are referred to as oxy-biodegradable.

     

    Metal salts are used in oxy-biodegradable plastic to initiate and speed up the disintegration process, resulting in incredibly minuscule plastic fragments that no longer “visually pollute the environment.” 

     

    The world’s first biodegradable industrial strength machine grade stretch film, Eco Wrap, was introduced by corrosion control and packaging expert Cortec.

     

    The most recent formulation creates an industrial strength biodegradable stretch wrap that can be utilized on the majority of common automated stretch wrap equipment by combining a certified compostable resin with a tackifier ingredient.

     

    The industrial packaging and warehousing sectors, which mainly rely on automated stretch wrapping to prepare pallets of items for storage, inventory, or transportation, would benefit greatly from the new, patent-pending solution.

     

    Additionally, Cortec, the company that makes the film, claims that whereas most applications call for three wraps of normal film, Eco Wrap just needs two without compromising strength or protection. According to ASTM D6400, the product is shelf- and curb-stable, commercially biodegradable, and will maintain its integrity up until it is properly disposed of.

     

     The corralling of products for storage and transportation, pallet wrapping, suitcase wrapping at airports, packing construction materials, and furniture transfers are just a few examples of applications. Agriculture bundling (such as hay bales and lumber) is another. Since Eco Wrap is incredibly elastic, it can be applied quickly and easily on the majority of automated machines currently in use. 

     

    Switching to Steelflex Bio biodegradable stretch film from conventional plastic stretch film is one way businesses can go green. A great place to start reducing your environmental footprint is with Steelflex Bio.

     

    However, smaller businesses are also looking for ways to diversify their sustainability through the use of green packaging. Additionally, small- and medium-sized companies are attempting to go green.

     

     Steelflex bio stretch films are among the fastest in the stretch film market to biodegrade, and they also have a number of other great qualities, such as being 100% recyclable and having a high level of puncture resistance.

     

    Fantastic tensile strength, available in both machine and hand films, equal or exceeding equivalent classic stretch films. Excellent clarity and a peaceful calm.

     

    BIODEGRADABLE STRETCH FILM MARKET SIZE AND FORECAST

     

    The Global biodegradable stretch film market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    BIODEGRADABLE STRETCH FILM MARKET NEW PRODUCT LAUNCH

     

    Stretch wraps from Wulftec and Orion are proudly available from Professional Packaging Systems. Wulftec excellent all-steel machines are renowned for their unmatched productivity, dependability, and longevity.

     

    They have no proprietary parts, and they come with the best warranties in the business. Stretch wrapping machines for turntables, rotary towers, and orbits are among the several semi-automatic and fully automatic models that Orion manufactures.

     

    THIS BIODEGRADABLE STRETCH FILM MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Biodegradable Stretch Film are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global  Biodegradable Stretch Film and key vendor selection criteria
    3. Where is the  Biodegradable Stretch Film manufactured? What is the average margin per unit?
    4. Market share of Global  Biodegradable Stretch Film market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global  Biodegradable Stretch Film in-house
    6. key predictions for next 5 years in Global  Biodegradable Stretch Film market
    7. Average B-2-B  Biodegradable Stretch Film market price in all segments
    8. Latest trends in  Biodegradable Stretch Film market, by every market segment
    9. The market size (both volume and value) of the  Biodegradable Stretch Film market in 2024-2030 and every year in between?
    10. Production breakup of  Biodegradable Stretch Film market, by suppliers and their OEM relationship

     

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
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