Stretch And Shrink Film Market To Reach $18.46 Billion By
2024
“The global stretch and shrink film market is expected to reach USD 18.46 billion by
2024. Rising demand for the light-weight material for industrial packaging is
expected to drive growth for the product over the forecast period”
The global stretch and shrink film market is expected to reach USD 18.46 billion
by 2024, according to a new report by Grand View Research, Inc. Rising demand for
the light-weight material for industrial packaging is expected to drive growth for the
product over the forecast period. The demand is expected to be driven by superior
packaging properties such as improved printability, easier application and robust
package sealing capabilities of the films.
The introduction of superior shrink and stretch film materials such as linear low-density
polyethylene (LLDPE), extended polyethylene (EPE) and High-Density Polyethylene
(HDPE) is expected to further strengthen the pallet holding abilities of the films. In
addition, the development of bio-degradable stretch and shrink films by the leading
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manufacturers in a bid to counter the challenges of film disposal is expected to drive
the demand over the next eight years.
Detailed Research Report available at:
http://www.grandviewresearch.com/industry-analysis/stretch-and-shrink-filmsmarket
The low weight of the product results in a substantial decrease in the transportation
cost thereby elevating the profit margins, resulting in the higher adoption of such
packaging materials by the leading end-use industries.
Further key findings from the report suggest:

LLDPE is expected to witness robust growth, growing at a CAGR of over 5%
from 2016 to 2024. The demand for LLDPE was driven by superior pallet
unitization characteristics of the LLDPE shrink films. The LLDPE resin based
stretch films are expected to grow owing to the increased damage resistance
during product transportation.

Stretch and shrink film hoods are expected to register highest growth rate,
growing at a CAGR of more than 5% from 2016 to 2024. The growth is expected
to be driven by increasing demand for hoods in industrial packaging and
consumer goods packaging. Also, ease of packaging achieved by stretch and
shrink film hoods are is expected to drive the demand for the product over the
forecast period.

Sleeves and labels accounted for over 40% of the global shrink films market in
2015 and are expected to witness robust growth on account of rising demand for
the product in the beverage industry. Also, easier product marketing and
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branding owing to the ease of application of the labels onto the bottle is expected
to attract major beverage manufacturers towards the product segment.

Food and beverages application accounted for 40% of the overall revenue driven
by the increasing demand for high strength, low weight packaging materials. In
addition, ease of packaging material sterilization is expected to drive the demand
for stretch films for food packaging.

The demand for the industry in Asia Pacific was valued at over USD 4 billion in
2015 owing to rapid growth of the application industries such as food & beverage
and consumer goods. In addition, growing import and export activities by the
developing economies such as India and China are expected to drive the
demand for low weight packaging material for pallet unitization of industrial
goods.

Major industry players resort to mergers & acquisitions (M&A) as well as capacity
expansions to cater to the growing demand. Furthermore, companies including
Sigma Plastics Group and Berry Plastics Corporation have acquired companies
to expand their market presence.
Read our blog on specialty and fine chemicals industry:
http://www.grandviewresearch.com/blogs/specialty-and-fine-chemicals
Table of content of global stretch and shrink film market research report:
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
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Chapter 2. Executive Summary
2.1. Stretch and shrink film market- Industry summary and key buying
criteria, 2013 - 2024
Chapter 3. Stretch and Shrink Films Industry Outlook
3.1. Stretch and shrink film market segmentation
3.2. Stretch and shrink film market size and growth prospects, 2013 - 2024
3.3. Stretch and shrink film market - Value chain analysis
3.3.1. Vendor landscape
3.4. Raw material outlook
3.5. Technology overview
3.6. Regulatory framework
3.7. Stretch and shrink film market dynamics
3.7.1. Market driver analysis
3.7.1.1. Rising demand for packaged foods
3.7.1.2. Superior properties of shrink and stretch films
3.7.2. Market restraint analysis
3.7.2.1. Volatile raw material prices
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3.8. Key market opportunities - Prioritized
3.9. Industry analysis - Porter's
3.10. Stretch and shrink films competitive scenario, 2015
3.11. Stretch and shrink film market PESTEL analysis, 2015
Chapter 4. Stretch Films Resin Outlook
4.1. Global stretch films market share by resin, 2015 & 2024
4.2. Linear Low Density Polyethylene (LLDPE)
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 - 2024
4.3. Low Density Polyethylene (LDPE)
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 - 2024
4.4. Polyvinylchloride (PVC)
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013 - 2024
4.5. Others
4.5.1. Market estimates and forecast, 2013 - 2024
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4.5.2. Market estimates and forecast, by region, 2013 - 2024
Chapter 5. Shrink Films Resin Outlook
5.1. Global shrink films market share by resin, 2015 & 2024
5.2. Linear Low Density Polyethylene (LLDPE)
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by region, 2013 - 2024
5.3. Low Density Polyethylene (LDPE)
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by region, 2013 - 2024
5.4. Polyvinylchloride (PVC)
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast, by region, 2013 - 2024
5.5. Others
5.5.1. Market estimates and forecast, 2013 - 2024
5.5.2. Market estimates and forecast, by region, 2013 - 2024
Chapter 6. Stretch Films Product Outlook
6.1. Global stretch films market share by product, 2015 & 2024
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6.2. Hoods
6.2.1. Market estimates and forecast, 2013 - 2024
6.2.2. Market estimates and forecast, by region, 2013 - 2024
6.3. Wraps
6.3.1. Market estimates and forecast, 2013 - 2024
6.3.2. Market estimates and forecast, by region, 2013 - 2024
6.4. Sleeve labels
6.4.1. Market estimates and forecast, 2013 - 2024
6.4.2. Market estimates and forecast, by region, 2013 - 2024
Chapter 7. Shrink Films Product Outlook
7.1. Global shrink films market share by product, 2015 & 2024
7.2. Hoods
7.2.1. Market estimates and forecast, 2013 - 2024
7.2.2. Market estimates and forecast, by region, 2013 - 2024
7.3. Wraps
7.3.1. Market estimates and forecast, 2013 - 2024
7.3.2. Market estimates and forecast, by region, 2013 - 2024
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7.4. Sleeve labels
7.4.1. Market estimates and forecast, 2013 - 2024
7.4.2. Market estimates and forecast, by region, 2013 - 2024
Chapter 8. Stretch Films Application Outlook
8.1. Global stretch films market share by application, 2015 & 2024
8.2. Food & Beverage
8.2.1. Market estimates and forecast, 2013 - 2024
8.2.2. Market estimates and forecast, by region, 2013 - 2024
8.3. Industrial packaging
8.3.1. Market estimates and forecast, 2013 - 2024
8.3.2. Market estimates and forecast, by region, 2013 - 2024
8.4. Pharmaceutical
8.4.1. Market estimates and forecast, 2013 - 2024
8.4.2. Market estimates and forecast, by region, 2013 - 2024
8.5. Consumer goods
8.5.1. Market estimates and forecast, 2013 - 2024
8.5.2. Market estimates and forecast, by region, 2013 - 2024
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Chapter 9. Shrink Films Application Outlook
9.1. Global shrink films market share by application, 2015 & 2024
9.2. Food & Beverage
9.2.1. Market estimates and forecast, 2013 - 2024
9.2.2. Market estimates and forecast, by region, 2013 - 2024
9.3. Industrial packaging
9.3.1. Market estimates and forecast, 2013 - 2024
9.3.2. Market estimates and forecast, by region, 2013 - 2024
9.4. Pharmaceutical
9.4.1. Market estimates and forecast, 2013 - 2024
9.4.2. Market estimates and forecast, by region, 2013 - 2024
9.5. Consumer goods
9.5.1. Market estimates and forecast, 2013 - 2024
9.5.2. Market estimates and forecast, by region, 2013 - 2024
Chapter 10. Stretch Films Regional Outlook
10.1. Global stretch films market share by region, 2015 & 2024
10.2. North America
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10.2.1. Market estimates and forecast, 2013 - 2024
10.2.2. Market estimates and forecast, by resin, 2013 - 2024
10.2.3. Market estimates and forecast, by product, 2013 - 2024
10.2.4. Market estimates and forecast, by application, 2013 - 2024
10.2.5. U.S.
10.2.5.1. Market estimates and forecast, 2013 - 2024
10.2.5.2. Market estimates and forecast, by resin, 2013 - 2024
10.2.5.3. Market estimates and forecast, by product, 2013 - 2024
10.2.5.4. Market estimates and forecast, by application, 2013 - 2024
10.3. Europe
10.3.1. Market estimates and forecast, 2013 - 2024
10.3.2. Market estimates and forecast, by resin, 2013 - 2024
10.3.3. Market estimates and forecast, by product, 2013 - 2024
10.3.4. Market estimates and forecast, by application, 2013 - 2024
10.3.5. Germany
10.3.5.1. Market estimates and forecast, 2013 - 2024
10.3.5.2. Market estimates and forecast, by resin, 2013 - 2024
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10.3.5.3. Market estimates and forecast, by product, 2013 - 2024
10.3.5.4. Market estimates and forecast, by application, 2013 - 2024
10.3.6. UK
10.3.6.1. Market estimates and forecast, 2013 - 2024
10.3.6.2. Market estimates and forecast, by resin, 2013 - 2024
10.3.6.3. Market estimates and forecast, by product, 2013 - 2024
10.3.6.4. Market estimates and forecast, by application, 2013 - 2024
10.4. Asia Pacific
10.4.1. Market estimates and forecast, 2013 - 2024
10.4.2. Market estimates and forecast, by resin, 2013 - 2024
10.4.3. Market estimates and forecast, by product, 2013 - 2024
10.4.4. Market estimates and forecast, by application, 2013 - 2024
10.4.5. China
10.4.5.1. Market estimates and forecast, 2013 - 2024
10.4.5.2. Market estimates and forecast, by resin, 2013 - 2024
10.4.5.3. Market estimates and forecast, by product, 2013 - 2024
10.4.5.4. Market estimates and forecast, by application, 2013 - 2024
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10.4.6. Japan
10.4.6.1. Market estimates and forecast, 2013 - 2024
10.4.6.2. Market estimates and forecast, by resin, 2013 - 2024
10.4.6.3. Market estimates and forecast, by product, 2013 - 2024
10.4.6.4. Market estimates and forecast, by application, 2013 - 2024
10.4.7. India
10.4.7.1. Market estimates and forecast, 2013 - 2024
10.4.7.2. Market estimates and forecast, by resin, 2013 - 2024
10.4.7.3. Market estimates and forecast, by product, 2013 - 2024
10.4.7.4. Market estimates and forecast, by application, 2013 - 2024
10.5. Latin America
10.5.1. Market estimates and forecast, 2013 - 2024
10.5.2. Market estimates and forecast, by resin, 2013 - 2024
10.5.3. Market estimates and forecast, by product, 2013 - 2024
10.5.4. Market estimates and forecast, by application, 2013 - 2024
10.5.5. Brazil
10.5.5.1. Market estimates and forecast, 2013 - 2024
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10.5.5.2. Market estimates and forecast, by resin, 2013 - 2024
10.5.5.3. Market estimates and forecast, by product, 2013 - 2024
10.5.5.4. Market estimates and forecast, by application, 2013 - 2024
10.6. Middle East & Africa
10.6.1. Market estimates and forecast, 2013 - 2024
10.6.2. Market estimates and forecast, by resin, 2013 - 2024
10.6.3. Market estimates and forecast, by product, 2013 - 2024
10.6.4. Market estimates and forecast, by application, 2013 - 2024
10.6.5. South Africa
10.6.5.1. Market estimates and forecast, 2013 - 2024
10.6.5.2. Market estimates and forecast, by resin, 2013 - 2024
10.6.5.3. Market estimates and forecast, by product, 2013 - 2024
10.6.5.4. Market estimates and forecast, by application, 2013 - 2024
Chapter 11. Shrink Films Regional Outlook
11.1. Global Shrink films market share by region, 2015 & 2024
11.2. North America
11.2.1. Market estimates and forecast, 2013 - 2024
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11.2.2. Market estimates and forecast, by resin, 2013 - 2024
11.2.3. Market estimates and forecast, by product, 2013 - 2024
11.2.4. Market estimates and forecast, by application, 2013 - 2024
11.2.5. U.S.
11.2.5.1. Market estimates and forecast, 2013 - 2024
11.2.5.2. Market estimates and forecast, by resin, 2013 - 2024
11.2.5.3. Market estimates and forecast, by product, 2013 - 2024
11.2.5.4. Market estimates and forecast, by application, 2013 - 2024
11.3. Europe
11.3.1. Market estimates and forecast, 2013 - 2024
11.3.2. Market estimates and forecast, by resin, 2013 - 2024
11.3.3. Market estimates and forecast, by product, 2013 - 2024
11.3.4. Market estimates and forecast, by application, 2013 - 2024
11.3.5. Germany
11.3.5.1. Market estimates and forecast, 2013 - 2024
11.3.5.2. Market estimates and forecast, by resin, 2013 - 2024
11.3.5.3. Market estimates and forecast, by product, 2013 - 2024
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11.3.5.4. Market estimates and forecast, by application, 2013 - 2024
11.3.6. UK
11.3.6.1. Market estimates and forecast, 2013 - 2024
11.3.6.2. Market estimates and forecast, by resin, 2013 - 2024
11.3.6.3. Market estimates and forecast, by product, 2013 - 2024
11.3.6.4. Market estimates and forecast, by application, 2013 - 2024
11.4. Asia Pacific
11.4.1. Market estimates and forecast, 2013 - 2024
11.4.2. Market estimates and forecast, by resin, 2013 - 2024
11.4.3. Market estimates and forecast, by product, 2013 - 2024
11.4.4. Market estimates and forecast, by application, 2013 - 2024
11.4.5. China
11.4.5.1. Market estimates and forecast, 2013 - 2024
11.4.5.2. Market estimates and forecast, by resin, 2013 - 2024
11.4.5.3. Market estimates and forecast, by product, 2013 - 2024
11.4.5.4. Market estimates and forecast, by application, 2013 - 2024
11.4.6. Japan
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11.4.6.1. Market estimates and forecast, 2013 - 2024
11.4.6.2. Market estimates and forecast, by resin, 2013 - 2024
11.4.6.3. Market estimates and forecast, by product, 2013 - 2024
11.4.6.4. Market estimates and forecast, by application, 2013 - 2024
11.4.7. India
11.4.7.1. Market estimates and forecast, 2013 - 2024
11.4.7.2. Market estimates and forecast, by resin, 2013 - 2024
11.4.7.3. Market estimates and forecast, by product, 2013 - 2024
11.4.7.4. Market estimates and forecast, by application, 2013 - 2024
11.5. Latin America
11.5.1. Market estimates and forecast, 2013 - 2024
11.5.2. Market estimates and forecast, by resin, 2013 - 2024
11.5.3. Market estimates and forecast, by product, 2013 - 2024
11.5.4. Market estimates and forecast, by application, 2013 - 2024
11.5.5. Brazil
11.5.5.1. Market estimates and forecast, 2013 - 2024
11.5.5.2. Market estimates and forecast, by resin, 2013 - 2024
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11.5.5.3. Market estimates and forecast, by product, 2013 - 2024
11.5.5.4. Market estimates and forecast, by application, 2013 - 2024
11.6. Middle East & Africa
11.6.1. Market estimates and forecast, 2013 - 2024
11.6.2. Market estimates and forecast, by resin, 2013 - 2024
11.6.3. Market estimates and forecast, by product, 2013 - 2024
11.6.4. Market estimates and forecast, by application, 2013 - 2024
11.6.5. South Africa
11.6.5.1. Market estimates and forecast, 2013 - 2024
11.6.5.2. Market estimates and forecast, by resin, 2013 - 2024
11.6.5.3. Market estimates and forecast, by product, 2013 - 2024
11.6.5.4. Market estimates and forecast, by application, 2013 - 2024
Chapter 12. Competitive Landscape
12.1. AEP Industries Inc.
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Benchmarking
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12.1.4. Strategic Developments
12.2. Bemis Company Inc.
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Benchmarking
12.2.4. Strategic Developments
12.3. Berry Plastics Corporation
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Benchmarking
12.3.4. Strategic Developments
12.4. Sigma Plastics Group
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Benchmarking
12.4.4. Strategic Developments
12.5. Bollore Inc.
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12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Benchmarking
12.5.4. Strategic Developments
12.6. AAKRITI Packaging
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Benchmarking
12.6.4. Strategic Developments
12.7. Allied Global Plastics Pvt. Ltd.
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Benchmarking
12.7.4. Strategic Developments
12.8. American Eagle Packaging
12.8.1. Company Overview
12.8.2. Financial Performance
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12.8.3. Product Benchmarking
12.8.4. Strategic Developments
12.9. AmTopp Films, Inc.
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Benchmarking
12.9.4. Strategic Developments
12.10. Baoding Enshi Pack Co.
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Benchmarking
12.10.4. Strategic Developments
12.11. Bonset America Corporation
12.11.1. Company Overview
12.11.2. Financial Performance
12.11.3. Product Benchmarking
12.11.4. Strategic Developments
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12.12. Coveris Holdings S.A
12.12.1. Company Overview
12.12.2. Financial Performance
12.12.3. Product Benchmarking
12.12.4. Strategic Developments
12.13. Dow Chemical
12.13.1. Company Overview
12.13.2. Financial Performance
12.13.3. Product Benchmarking
12.13.4. Strategic Developments
12.14. Eurofilms Extrusion Ltd.
12.14.1. Company Overview
12.14.2. Financial Performance
12.14.3. Product Benchmarking
12.14.4. Strategic Developments
12.15. Exxon Mobil Chemical
12.15.1. Company Overview
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12.15.2. Financial Performance
12.15.3. Product Benchmarking
12.15.4. Strategic Developments
12.16. FlexSol Packaging
12.16.1. Company Overview
12.16.2. Financial Performance
12.16.3. Product Benchmarking
12.16.4. Strategic Developments
12.17. . Genuine Package Venture
12.17.1. Company Overview
12.17.2. Financial Performance
12.17.3. Product Benchmarking
12.17.4. Strategic Developments
12.18. Barbier Group
12.18.1. Company Overview
12.18.2. Financial Performance
12.18.3. Product Benchmarking
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12.18.4. Strategic Developments
12.19. Hipac Packaging Solutions
12.19.1. Company Overview
12.19.2. Financial Performance
12.19.3. Product Benchmarking
12.19.4. Strategic Developments
12.20. IPS Packaging
12.20.1. Company Overview
12.20.2. Financial Performance
12.20.3. Product Benchmarking
12.20.4. Strategic Developments
12.21. WW Grainger Inc.
12.21.1. Company Overview
12.21.2. Financial Performance
12.21.3. Product Benchmarking
12.21.4. Strategic Developments
12.22. Wrap and Vac
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12.22.1. Company Overview
12.22.2. Financial Performance
12.22.3. Product Benchmarking
12.22.4. Strategic Developments
12.23. U.S. Packaging and Wrapping LLC
12.23.1. Company Overview
12.23.2. Financial Performance
12.23.3. Product Benchmarking
12.23.4. Strategic Developments
12.24. Vaibhav Plasto Printing and Packaging Pvt. Ltd.
12.24.1. Company Overview
12.24.2. Financial Performance
12.24.3. Product Benchmarking
12.24.4. Strategic Developments
12.25. Taghleef Industries Group
12.25.1. Company Overview
12.25.2. Financial Performance
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12.25.3. Product Benchmarking
12.25.4. Strategic Developments
12.26. SmartShield Packaging Inc.
12.26.1. Company Overview
12.26.2. Financial Performance
12.26.3. Product Benchmarking
12.26.4. Strategic Developments
12.27. Silver Talent International Inc.
12.27.1. Company Overview
12.27.2. Financial Performance
12.27.3. Product Benchmarking
12.27.4. Strategic Developments
12.28. Sigma Stretch Film
12.28.1. Company Overview
12.28.2. Financial Performance
12.28.3. Product Benchmarking
12.28.4. Strategic Developments
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12.29. Sealed Air Corporation
12.29.1. Company Overview
12.29.2. Financial Performance
12.29.3. Product Benchmarking
12.29.4. Strategic Developments
12.30. Polivouga industria de plasticos s.a.
12.30.1. Company Overview
12.30.2. Financial Performance
12.30.3. Product Benchmarking
12.30.4. Strategic Developments
12.31. Pep Cee Pack Industries.
12.31.1. Company Overview
12.31.2. Financial Performance
12.31.3. Product Benchmarking
12.31.4. Strategic Developments
12.32. Pelican Poly & Pellets Private Limited
12.32.1. Company Overview
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12.32.2. Financial Performance
12.32.3. Product Benchmarking
12.32.4. Strategic Developments
12.33. Paragon Films
12.33.1. Company Overview
12.33.2. Financial Performance
12.33.3. Product Benchmarking
12.33.4. Strategic Developments
12.34. PV Ran Ltd.
12.34.1. Company Overview
12.34.2. Financial Performance
12.34.3. Product Benchmarking
12.34.4. Strategic Developments
12.35. MG Packaging Pvt. Ltd.
12.35.1. Company Overview
12.35.2. Financial Performance
12.35.3. Product Benchmarking
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12.35.4. Strategic Developments
12.36. C-P Flexible Packaging
12.36.1. Company Overview
12.36.2. Financial Performance
12.36.3. Product Benchmarking
12.36.4. Strategic Developments
12.37. Signode Industrial Group LLC
12.37.1. Company Overview
12.37.2. Financial Performance
12.37.3. Product Benchmarking
12.37.4. Strategic Developments
12.38. Omeirun Industry
12.38.1. Company Overview
12.38.2. Financial Performance
12.38.3. Product Benchmarking
12.38.4. Strategic Developments
12.39. Om Polymers Private Ltd.
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12.39.1. Company Overview
12.39.2. Financial Performance
12.39.3. Product Benchmarking
12.39.4. Strategic Developments
12.40. ITW Mima Packaging Systems
12.40.1. Company Overview
12.40.2. Financial Performance
12.40.3. Product Benchmarking
12.40.4. Strategic Developments
12.41. Just Shrink It
12.41.1. Company Overview
12.41.2. Financial Performance
12.41.3. Product Benchmarking
12.41.4. Strategic Developments
12.42. Kissner Plastics Inc.
12.42.1. Company Overview
12.42.2. Financial Performance
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12.42.3. Product Benchmarking
12.42.4. Strategic Developments
12.43. Klockner Pentaplast
12.43.1. Company Overview
12.43.2. Financial Performance
12.43.3. Product Benchmarking
12.43.4. Strategic Developments
12.44. Intertape Polymer Group (IPG)
12.44.1. Company Overview
12.44.2. Financial Performance
12.44.3. Product Benchmarking
12.44.4. Strategic Developments
12.45. McNeely Plastics
12.45.1. Company Overview
12.45.2. Financial Performance
12.45.3. Product Benchmarking
12.45.4. Strategic Developments
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12.46. Manuli Stretch S.p.A
12.45.1. Company Overview
12.45.2. Financial Performance
12.45.3. Product Benchmarking
12.45.4. Strategic Developments
12.47. Malpack Ltd.
12.47.1. Company Overview
12.47.2. Financial Performance
12.47.3. Product Benchmarking
12.47.4. Strategic Developments
12.48. LyondellBasell Industries Holdings B.V.
12.48.1. Company Overview
12.48.2. Financial Performance
12.48.3. Product Benchmarking
12.48.4. Strategic Developments
12.49. Linpac Senior Holdings Limited
12.49.1. Company Overview
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12.49.2. Financial Performance
12.49.3. Product Benchmarking
12.49.4. Strategic Developments
12.50. Luban Packing LLC
12.50.1. Company Overview
12.50.2. Financial Performance
12.50.3. Product Benchmarking
12.50.4. Strategic Developments
12.51. Makhija Polyfilms
12.51.1. Company Overview
12.51.2. Financial Performance
12.51.3. Product Benchmarking
12.51.4. Strategic Developments
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The global stretch and shrink film market is expected to reach USD 18.46 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for the light-weight material for industrial packaging is expected to drive growth for the product over the forecast period. The demand is expected to be driven by superior packaging properties such as improved printability, easier application and robust package sealing capabilities of the films. Click here - http://www.grandviewresearch.com/industry-analysis/stretch-and-shrink-films-market