Published on : Dec 03, 2018
Albany, New York, December 3, 2018: Low cost and lightweight packaging solution has fueled the demand of stretch films in countries such as India where the call from e-commerce has sky rocketed. Though polypropylene stretch films are high-heat resistant and more transparent vis-à-vis polyethylene, the latter is touted to be the most sought after material segment for stretch films manufacturers. Unequivocally, manufacturers seek cost effectiveness and high performance; thereby polyethylene has been the choice in markets ranging from groceries, pharmaceuticals to food and beverages. These insights are according to the report titled, “Stretch Films Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028,” which has been lately added to the archive of Market Research Hub (MRH). According to the study, stretch films market is estimated to attain a CAGR of 4.6% during the assessment period.
In the wake of change in life style and eating habits, consumers go for baked products, ready-to-eat meals, canned and confectioneries products which have strengthened the urge for stretch films. Though stretch films market is projected to be propelled by electronic industries and pharmaceutical sectors, the market will be marred by escalating raw material prices and growing awareness among consumers regarding recyclability, climate change and healthier life style.
Stretch Films Market: Report Content
The report does a thorough analysis on the stretch films market taking the drivers, opportunities, restraints and trends into consideration. Further, the report analyses the market on the basis of segmentation. The market has been segmented on the basis of material type, product type, manufacturing type and end-user.
The report begins with the executive summary followed by market introduction and its definition. The report also does a coherent analysis on the taxonomy, macro-economic factors and opportunity analysis impacting the market. The final section contains the competitive landscape to present the readers with a dashboard view in order to compare the current scenario of the industries and their role in the stretch films market. The report incorporates major strategies, essential offerings and development in the market. Some of the predominant players in the market are, namely, Berry Global Group Inc., Intertrape Polymer Group Inc., AEP Industries Inc. and Sigma Stretch Film Corp.
Stretch Films Market: Research Methodology
A coherent research methodology has been adopted with respect to primary and secondary research. This report is the result of an in-depth secondary research, primary interviews and in-house reviews by expert panel. One of the features of this report is that analysis has been done on the basis of absolute dollar opportunity which is often disregarded while projecting the market. In order to assess the market size with regards to value and volume, production capacity and revenue of the prominent manufacturers have been analyzed. Moreover, the outcome with respect to supply side, downstream industry demand and the economic envelope have been triangulated. Besides, the report does assessment on the basis of Porters’ Five Force Analysis.
The secondary research incorporates industry whitepaper, SEC filing, annual reports and publications. The primary research embodies face to face interviews, phonic interviews and e-mail interaction. To furnish the readers with authentic report, a panel of expert delineates the data collected from different sources.
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