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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Stretch film, sometimes referred to as stretch wrap or stretch packaging, is a highly functional and frequently employed packaging material. It is a thin, flexible plastic film that is primarily employed to hold and guard goods during transit, storage, and shipping.
Stretch film is frequently used in a variety of sectors, including manufacturing, shipping, warehousing, and retail, where it is essential for maintaining the quality and safety of products.
Stretch film's primary use is to securely wrap and wrap products on pallets or bundles, giving them stability and preventing movement or falling during transit. Frequently, it is applied with the help of specialised stretch wrapping equipment, which stretches the film and applies it evenly around the load to form a safe and protective barrier. Stretching the film causes it to elongate, creating tension and a snug, conforming wrap around the goods.
Stretch film has many benefits when it comes to packaging. Load confinement, which prevents objects from falling loose or separating during handling and transportation, is one important advantage.
This lowers the possibility of shifting, tipping, or falling-related harm. Stretch film also shields products from additional pollutants like moisture, dust, and other impurities, ensuring that they stay pristine and undamaged throughout the packaging and shipping process.
There are several forms of stretch film, including hand-stretch film and machine-stretch film. A handheld dispenser is often used to manually apply hand stretch film. It is frequently utilized for lighter loads or when machine application is impractical.
Machine stretch film, on the other hand, is compatible with stretch wrapping machines and was created expressly for high-volume operations.Compared to hand stretch film, machine stretch film is frequently thicker and more durable, improving load stability and protection.
Stretch film comes in a variety of varieties to meet different packaging requirements. Clear stretch films, for instance, enable product visibility and make it simpler to recognize and scan barcodes.
Additionally, there are coloured stretch films that can be utilized for branding or color tagging. Some stretch films are made with extra qualities like puncture resistance, anti-static properties, or UV resistance to provide more security and make them suitable for particular purposes.Stretch film is a recyclable form of polyethylene (PE), a renewable resource, making it an environmentally beneficial packaging alternative.
Stretch film recycling reduces waste and lessens the environmental impact of garbage. In addition, compared to other packaging techniques like strapping or shrink wrap, the use of stretch film for packaging frequently results in material and labor cost benefits.
Stretch film is a popular option for companies looking for sustainable packaging solutions without sacrificing efficacy and cost savings due to its recyclable nature and cost-effectiveness.
When compared to other packaging techniques like strapping or shrink wrap, stretch film is a favored eco-friendly packaging choice because to its affordability and recyclability, which also results in less waste and cheaper material and labor expenses.
The Stretch Films accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
STRETCH FILMS MARKETRECENT PRODUCT DEVELOPMENT AND INNOVATION
The Berry Global Inc.'s Novolex division specializes in offering a variety of packaging solutions, including stretch films. Berry Global Inc.'s Novolex Stretch Film is a product that is intended to deliver dependable load stability and protection throughout transit and storage.
Novolex Stretch Film is renowned for its superior functionality and extraordinary strength. It is designed to provide the best load confinement possible, guaranteeing that goods are kept safely wrapped and protected throughout the supply chain. The film's cutting-edge formulation and design offer outstanding rip and puncture resistance, lowering the likelihood that the packaged products would sustain damage.
The outstanding stretch ability of Novolex Stretch Film is one of its primary characteristics. The film's capacity for substantial elongation upon application enables it to precisely fit to the shape of the load. This tightly fitting wrap improves load stability by stopping the objects from shifting, tipping, or falling while being handled or transported.
For use with varied load sizes and weights, Novolex Stretch Film is offered in a range of thicknesses and widths. Due to its adaptability, packaging may be customised to provide the right amount of containment and protection for any application. Novolex Stretch Film offers a dependable and effective packaging solution, whether it's used to wrap huge pallets or secure small cartons.
The Novolex Stretch Film is made with sustainability in mind in addition to its performance attributes. Novolex Stretch Film is made with recycled materials whenever feasible since Berry Global Inc. is dedicated to environmental responsibility. This lessens waste generation and the environmental impact.
Novolex Stretch Film, also works with both manual and automatic stretch wrapping equipment, giving packaging processes flexibility and convenience. Palletized goods can be wrapped effectively and consistently thanks to its simple application utilising common dispensers or equipment.
| S.No | Overview of Partnerships | Details |
| 1. | Release of the First Graphene Stretch Film by Packseven and Gerdau Graphene | Packseven, one of the biggest producers of flexible films in Brazil, has commercialized the first stretch film made with graphene, according to a release from Gerdau Graphene, a nanotechnology business that is leading the development of sophisticated graphene-enhanced materials for industrial applications. The new ultra-thin film is substantially thinner and more robust than comparable flexible films thanks to the use of Gerdau Graphene's unique graphene additive technique. Initial testing also showed that the new films could pack more material without breaking. Stretch films with greater durability use less material per pallet and improve loading and packing safety. It is anticipated that it will be put up for sale. |
| 2. | Manupackaging and Polymateria have announced a strategic cooperation for biodegradable films. | Manupackaging and Polymateria have formed a strategic relationship in the area of environmentally friendly end-of-life packaging options. Utilizing Polymateria's technology, Manupackaging has created a brand-new, 100% secure biodegradable stretch film and stretch hood that, after a typical 12-month lifespan, degrade naturally in the open environment thanks to Polymateria's Biotransformation process. They recently erected two new state-of-the-art extrusion lines dedicated to the manufacture and development of their existing and upcoming sustainable films in order to prepare for the growth in demand for greener, higher performing products in the future. |
| S.No | Overview | Details |
| 1. | Braskem introduced innovative stretch film technology in order to advance the Circular Economy in the commercial freight sector. | Braskem Flexus 3600 and PP RF70 were released as a result of the company's efforts to provide novel multi-layer stretch film solutions. The solutions offer a significant advantage in terms of sustainability thanks to their improved processability and high yields during application. Braskem, the top producer of biopolymers in the world and the largest producer of thermoplastic resins in the Americas, will introduce its innovative stretch film solution at K Fair. |
| 2. | Coveris Introduces New Stretch Film with 30% Recycled Material | The new films are the thinnest recycled stretch films currently offered, providing hand and pre-stretch options. Low-gauge, high-performance films from Coveris' unique circular manufacturing method are made from a combination of recycled polythene that is recovered from post-consumer waste streams and delivers the same packaging and transportation economies as virgin materials while still being fully recyclable.The films are the most recent in a recent line of recycled product breakthroughs that also assist the businesses' objective of zero net waste. They were developed at Coveris' cutting-edge extrusion factory and Film Science Lab in Winsford. All trash now exits the Winsford site as a recyclable product thanks to Coveris' own post-industrial waste being used as feedstock by its recycling facility and independent reprocessing status. |
STRETCH FILMS MARKETTHIS REPORT WILL ANSWER FOLLOWING QUESTIONS
| 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, 2024 |
| 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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