Stretch Film Packaging Industry Status and Prospects Professional Market Research Report Publishing Date: 21 March 2022 www.statsmarketresearch.com(+91)-916-916-4321(Asia) | (+1)-646-781-7170 (Int'l) | help@statsmarketresearch.com Download Sample ReportDownload Sample Report
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The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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Stretch film is an extremely elastic plastic wrap that is stretched around various products (such as pallets of boxes) for shipping and transportation. The elastic recovery or stretch-ability of the film secures the products and ensures they are tightly bound.Geographically, North America is the largest market for stretch film, with sales volume share reached to over 1/3 in 2019. APAC is the fastest-growing region, especially Southeast Asia, which plays an important role in the world. The global key Stretch Film Packaging market is concentrated, with the top 10 players takes about 60% of global revenue share.
Major manufacturers include Berry Global Group, Sigma Plastics Group, Inteplast Group, Manuli, Paragon Films, Trioplast, Scientex, etc. which mainly based in USA and Europe.The market of Stretch film can be classified as machine film and manual film in terms of packaging method. Machine stretch film is the major used type, with market share of nearly 60% in terms of sales volume.
2027 Expected to reach $xx million USD by the end of 2021 Base year Forecast year CAGR 3.43%(2021 - 2027) Market Value The global Stretch Film Packaging market was valued at 5346.22 Million USD in 2021 and will grow with a CAGR of 3.43% from 2021 to 2027.
KEY STAKEHOLDERS Market Players & Competitor Global and Regional Market Analysis www.24chemicalresearch.com Download Sample ReportDownload Sample Report
By Types: • Machine Stretch Film • Manual Stretch Film
Key Reasons to Purchase driving market its impact
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