Stretch and Shrink Films Market in the US to 2019 - LLDPE Usage is Observed as Latest Trend

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Apr 09, 2015, 08:00 ET

DALLAS, April 9, 2015 /PRNewswire/ --

Sandlerresearch.org adds Stretch and Shrink Films Market in the US 2015-2019 a new industry research report in its store. The market is segmented based on the following criteria: revenue, types of films, and types of resins.

One of the major trends emerging in this Stretch and Shrink Films Market in the US is the increased usage of the linear low-density polyethylene resin compared to the low-density polyethylene resin. The LLDPE resin makes the films more flexible and transparent. The Stretch and Shrink Films market in the US is expected to grow steadily at a CAGR of 3.76% during the forecast period of 2014-2019.

According to research, report Stretch and Shrink Film Market in the US 2015-2019 shrink films have become prevalent due to their low cost, reduction in GHG emissions, and the consumption of less energy in their production compared to stretch films. Also, the manufacturing cost of stretch films is less than other forms of packaging because of the low cost of resins used in the films, thus making stretch films a cost-effective solution.

Stretch hoods are used for carrying products such as cans, bottles, and various raw materials such as bricks, cement, and sand.

The market for stretch hoods in North America is growing as this type of film has high elasticity and consumes less energy during its manufacturing process.

Stretch and shrink films are highly engineered polythene films used for packaging goods. These films have special chemical properties, which make them differ in their flexibility and stretchability. Stretch films are stretchable, elastic thin polythene films used to wrap around pallet loads. Shrink films are thin films that are wrapped around a single product or commodity and require the application of heat for packing. These films help prevent the spoilage of goods from air and moisture, thus enhancing the quality of packaged products.

The report covers the present scenario and the growth prospects of the Stretch and Shrink market in the US for the period 2015-2019. The market is segmented based on the following criteria: revenue, types of films, and types of resins - LDPE, PVC and Others.

Purchase a Copy of Report athttp://www.sandlerresearch.org/purchase?rname=34729.

The key vendors in the Stretch and Shrink Films Market in the US 2015-2019 are AEP Industries Inc., Amcor Ltd., Bemis Company Inc. and Berry Plastics Corp.

Other Prominent Vendors: American Eagle Packaging, FlexSol Packaging, IPS Packaging, MRI Flexible Packaging, Paragon Films, Printpack, Sigma Plastics, Sonoco Products, U.S. Packaging & Wrapping.

While the global report Global Stretch and Shrink Film Market 2015-2019 forecast the Global Stretch and Shrink Film market to grow at a CAGR of 4.78% over the period 2014-2019.

One of the major trends in the market is advances in technology. Development of high-grade plastics films through the implementation of cutting-edge technology to suit the needs of B2B customers is taking precedence. Corporations are investing a huge chunk of their revenues in R&D to come up with new innovations in plastic packaging films.

According to the report, increased usage of pallet unitization films for industrial packaging is a major driver of this market. Stretch films are widely used to wrap and cover pallet loads, which help to prevent the pallet from damage and spoilage.

This report covers the present scenario and the growth prospects of the Global Stretch and Shrink Film market for the period 2015-2019. To calculate the market size, this report covers revenue generated by stretch and shrink film vendors. In addition, it discusses the major drivers that influence the growth of the market, and summarizes the challenges faced by the vendors and the market at large, and the key trends that are emerging in the market. The market is segmented based on type of Films, Application, and Geography.

The report Global Stretch and Shrink Film market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region and the EMEA region; it also covers the Global Stretch and Shrink Film market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

The report recognizes the following companies as the key players in the Global Stretch and Shrink Film Market: AEP Industries Inc., Amcor Ltd., Bemis Co. Inc. and Berry Plastics Corp.

Purchase a Copy of Report athttp://www.sandlerresearch.org/purchase?rname=27871.

Other Prominent Vendors in the market are: Aakriti Packaging, Alliance Plastics, Allied Plastics (Mumbai, India), American Eagle Packaging, AmTopp, Baoding Enshi Pack, Bollore, Bonset America, COVERIS, Daman Polymers (India), Dow Chemical, Eurofilms Extrusion, Exxon Mobil Chemical, FlexSol Packaging, Genuine Package Venture, Groupe BARBIER, Hipac Packaging Solutions, Hood Packaging, Intertape Polymer, IPS Packaging, ITW Mima Packaging Systems, Just Shrink It, Kissner Group, Klockner Pentaplast, LINPAC Group, LINXPAK, Luban Pack, LyondellBasell Industries, Makhija Polyfilms, Malpack, Manuli Stretch, McNeely Plastics, MG Packaging (India), MRI Flexible Packaging, Muller, Om Polymers, Omeirun Industry, P.V.Ran, Paragon Films, Pelican Poly & Pallets, Pep Cee Pack Industries, Polivouga, Sealed Air, Sigma Plastics, Sigma Stretch Film, Silver Talent International, SmartShield Packaging, Taghleef Industries, U.S. Packaging & Wrapping, Vaibhav Plasto Printing and Packaging, Wrap & Vac and W.W Grainger.

Further, the report states that one of the major challenges that the market faces is the increased competition because of the presence of alternative forms of packaging. Consumers prefer light forms of packaging. Paper packaging has become increasingly popular because of its light and biodegradable nature. The F&B sector in particular prefers using paper substitutes for packaging.

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