The Stretch and Shrink Film Market is Projected to Register a CAGR of ~6% by 2023 -- Increased Use of LLDPE Over Other Forms of Polyethylene

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May 10, 2019, 18:00 ET

DUBLIN, May 10, 2019 /PRNewswire/ -- The "Global Stretch and Shrink Film Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The stretch and shrink film market will register a CAGR of nearly 6% by 2023.

Growth in retail sector is likely to trigger the growth of the global stretch and shrink film market

Consumers look for comfort and convenience due to their hectic lifestyles and work schedules. The high penetration of organized retail sector allow consumer to search for brands to differentiate them over quality, price and design. This helps customer in making informed purchased decisions. Growth in online retailing market will further contribute to the growth of the global stretch and shrink film market.

Increasing demand for packaged food and beverages

Packaging becomes a significant factor as the food product flow through various stages of supply chain. Companies are also using new and creative forms of packaging to enhance the aesthetic appeal of their products. The innovative packaging design to protect food products from contamination will drive the growth of the market. Packaged food products with stretch and shrink film helps protect the food from contamination.

Volatility in raw material prices

The prices of raw material used to manufacture stretch and shrink films are highly unpredictable. This is mainly due to the high dependence on crude oil prices. The volatility in crude oil prices is expected to hamper the growth of the global stretch and shrink market during the forecast period.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies. Factors such as the growth in retail sector and increasing demand for packaged food and beverages, will provide considerable growth opportunities to stretch and shrink film manufactures.

Key Players

Bemis Company Inc.
Berry Global Inc.
Inteplast Group
LyondellBasell Industries N.V.
Sealed Air
Sigma Plastics Group

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 04: MARKET SIZING

Market definition
Market sizing 2018
Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 06: MARKET SEGMENTATION BY TYPE

Comparison by type
Stretch film - Market size and forecast 2018-2023
Shrink film - Market size and forecast 2018-2023
Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY APPLICATION

Comparison by application
Food and beverages - Market size and forecast 2018-2023
Industrial/bulk - Market size and forecast 2018-2023
Consumer goods - Market size and forecast 2018-2023
Others - Market size and forecast 2018-2023
Market opportunity by application

PART 09: GEOGRAPHIC LANDSCAPE

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2018-2023
North America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
Key leading countries
Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

Increasing adoption of bioplastics
Increased use of LLDPE over other forms of polyethylene
Increasing focus toward recycling to reduce plastic waste

PART 13: VENDOR LANDSCAPE

Overview
Landscape disruption

PART 14: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors
Bemis Company Inc.
Berry Global Inc.
Inteplast Group
LyondellBasell Industries N.V.
Sealed Air
Sigma Plastics Group

For more information about this report visit https://www.researchandmarkets.com/r/8l5vvm

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