- Get in Touch with Us
Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A novel, engineered, low-gauge high-performance stretch film is produced through a multilayered resin process. Consequently, it outperforms conventional film in terms of clarity, cling, puncture resistance, and tear resistance.
Wraps, also known as stretch films, are stretchable plastic films that are used to securely wrap a product. They are frequently utilized in shipping pallets to secure boxes and products during shipping. eCommerce businesses that frequently ship products must have them.
High-performance stretch film has a number of advantages, but these three stand out to us: cost savings, sustainability, and optimal performance When it comes to load containment, high-performance stretch films frequently perform better than conventional films. The films, when compared to conventional films, have significantly better tear, cling, and puncture resistance.
90% of our customers have switched to high-performance Films as a result of these factors. High-performance film is actually more sustainable and reduces packaging waste because it is made to work better.
On stretch wrappers, high-performance films can be stretched up to 300 percent, requiring less film per load. When we switch to high-performance film, we typically see savings in film usage of 25% or more without sacrificing load containment. High-performance film's cost savings can sometimes be confusing, but today we're simplifying it.
To wrap and secure a load, high-performance films require less film (plastic); As a result, each load contains significantly less product. Additionally, because your products are contained more securely on the pallet, you avoid rewrapping and lose less product to damage.
The Global High-Performance 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.
Coveris introduces its next-generation stretch film, which contains 30 percent recycled content. To meet upcoming UK Plastic Packaging Tax requirements and reduce reliance on virgin plastics, leading sustainable packaging company Coveris has today launched a line of lightweight, next-generation stretch films with at least 30% recycled content.
The new films are the thinnest recycled stretch films currently available and provide hand and pre-stretch solutions. The low-gauge, high-performance films are made from a combination of recycled polythene that has been recovered from post-consumer waste streams and Coveris' own circular manufacturing process. They have the same packing and transportation efficiency as virgin materials, and they are completely recyclable.
All plastic packaging, including tertiary packaging like stretch wrap, will be subject to taxation of £200 per tonne if it does not comply with the UK Plastics Packaging Tax, which will take effect in April 2022.
The films were made at Coveris' cutting-edge extrusion facility and Film Science Lab in Winsford. They are the most recent addition to a line of recycled product innovations that support the company's zero net waste goal. All waste now leaves the Winsford site as a recyclable product because Coveris uses its own post-industrial waste as feedstock through its recycling facility and independent reprocessing status.
| 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 |
© 2017-2025 Mobility Foresights Pvt Ltd. All rights reserved.