North America Stretch and Shrink Film Market (2021-2027) | Analysis, Size, Share, Revenue, Forecast, Trends, industry, Outlook & COVID-19 IMPACT

Market Forecast by End User (Food & Beverage, HCV, LCV and Pharmaceuticals), by Material Type (Polypropylene, Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE) and forged steel), By Countries (United States, Canada) and Competitive Landscape

Product Code: ETC055089 Publication Date: Mar 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Latest 2023 Development of the North America Stretch and Shrink Film Market

The North America stretch and shrink film market is witnessing rising demand from the food and beverage industry. The food and beverage industry is one of the major end-users of stretch and shrinks films. The demand for these films is increasing due to the growing consumption of packaged food and beverages. Moreover, the increasing popularity of e-commerce has also boosted the demand for stretch and shrink films for packaging and shipping products. The rapid growth of e-commerce in North America has also contributed to the growth of the stretch and shrink film market. With the increasing popularity of online shopping, the demand for protective packaging materials has increased, and stretch and shrink films are popular choices. Additionally, with the growing awareness of the impact of plastic on the environment, there is an increased focus on sustainable packaging solutions. This has led to the development of eco-friendly stretch and shrink films that are made from biodegradable materials and can be recycled. Further, the North America stretch and shrink film market is witnessing several technological advancements, such as the development of films with improved barrier properties, enhanced clarity, and superior printability. These advancements are aimed at improving the functionality and aesthetics of the films.

The North America stretch and shrink film industry is highly consolidated, with a few major players dominating the market. In recent years, there have been several mergers and acquisitions in the market, aimed at expanding the product portfolio, market share and geographic reach of the companies. the COVID-19 pandemic has had a significant impact on the North America stretch and shrink film market. The demand for these films has increased due to the growing popularity of e-commerce and home delivery services. However, the market has also faced challenges due to disruptions in the supply chain and logistics. Moreover, governments and regulatory bodies are increasingly implementing regulations and standards for the use of packaging materials. This has led to the development of new and advanced materials that meet these standards, which is driving the growth of the stretch and shrink film market.

North America Stretch and Shrink Film Market Synopsis

North America Stretch and Shrink Film Market are expected to register sound growth projections in the coming time zone on the back of an increase in the growth of eCommerce platforms and the era of globalisation. With massive globalisation, a significant increase in global trade has been witnessed which has led to a rise in the growth of the competitive market landscape and is expected to outline the growth of the product market in the coming timeframe as well. Also, with a push in the logistics industry and increased warehousing, stretch and shrink film has been playing a massive role in the packaging of merchandise and is proving to be an evident product in the growth of the potential industrial players' business value. With the growth and development in the packaging industry, the product market is projected to perceive certified growth prospects in the coming future.

According to 6Wresearch, the North America Stretch and Shrink Film Market size is anticipated to register growth during 2021-2027. The outbreak of the North America pandemic COVID-19 has no doubt, been proven evident in disrupting the growth of the North America Stretch and Shrink Film market. The rise in the export and import services along with an increase in the eCommerce platforms popularity has significantly led to increased adoption of the product. However, the nationwide lockdowns in many countries and across many regions across the world have led to slow market growth in the period beginning from the end of 2019 and which took away the whole of the year 2020. Notwithstanding the complete downfall in the number of cases and the fluctuating mutiny of the virus across many countries, trade has been disrupted in the first half of 2021 as well. However, with active measures taken by the governments, the graph of the trade is anticipated to revamp in the latter part of 2021.

With a number of market players in the overall industrial landscape, the product market shares a fragmented market landscape which is expected to provide bountiful opportunities for the new entrants to seek growth progressions in the coming time zone in the overall market forecast period.

The key players in the market are AAKRITI Packaging, Allied Global Plastics Ltd., AEP Industries Inc., American Eagle Packaging, AmTopp Films, Inc., Anchor Packaging, Baoding Enshi pack Co., Barbier Group, Bemis Company Inc., Berry Plastics, Bonset America Corporation, Ballore Inc, Dow Chemical Company, Coverings Holdings S.A, E.I DuPont De Nemours and Co., FlexSol Packaging, Exxonmobil Chemical, Eurofilms Extrusion ltd., Fuji Seal International Inc, Genuine Packaging Venture, Hipac Packaging Solutions, IPS Packaging, Intertape Polymer Group Inc., Sigma Plastics Group, Taghleef Industries Group, Smartshiled Packaging Inc., Wrap and Vac, U.S Packaging and Wrapping LLC, Vaibhav Plasto Printing and Packaging Pvt. Ltd., and WW Grainger Inc.

The North America Stretch and Shrink Film Market report thoroughly covers the market Material Type and End User and Countries including the United States, and Canada. The North America Stretch and Shrink Film Market outlook report provides an unbiased and detailed analysis of the ongoing North America Stretch and Shrink Film Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

North America Stretch and shrink film market is anticipated to gain momentum in the forthcoming years on the back of the rising wide scope of product applicability in the pharmaceutical and food & beverage industry. Moreover, the growing establishment of retail outlets due to the increased population base across the region is projected to increase the packaging of consumer goods and is likely to leave a positive impact on product demand which is further projected to secure tremendous growth of the stretch and shrink film market in the entire North America region in the coming time zone.

Key Highlights of The Reports

  • North America Stretch and Shrink Film Market Outlook
  • North America Stretch and Shrink Film Market Overview
  • North America Stretch and Shrink Film Market Forecast
  • Historical Data for the period 2017-2020 and Market Forecast of North America Stretch and Shrink Film Market Revenues until 2027
  • Historical Data for the period 2017-2020 and Market Forecast of the market until 2027, By Material Type
  • Historical Data for the period 2017-2020 and Market Forecast of the market until 2027, By End User
  • Historical Data for the period 2017-2020 and Market Forecast of the market until 2027, By Countries
  • Historical Data for the period 2017-2020 and Market Forecast until 2027 for the United States Stretch and Shrink Film Market
  • Historical Data for the period 2017-2020 and Market Forecast until 2027 for Canada Stretch and Shrink Film Market
  • Market Drivers and Restraints
  • North America Stretch and Shrink Film Market Trends
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • North America Stretch and Shrink Film Market Share, By Players
  • Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

By End User:

  • Food & Beverage
  • Pharmaceuticals
  • Electronics
  • Paper & Textile

By Material Type:

  • Polyvinyl Chloride (PVC)
  • Low-Density Polyethylene (LDPE)
  • Linear Low-Density Polyethylene (LLDPE)
  • Polypropylene

By Countries:

  • United States
  • Canada
North America Stretch and Shrink Film Market: FAQs
The North America stretch and shrink market is growing due to its wide usage across various industries such as food and beverage, pharmaceutical, retail, and logistics.
Stringent government regulations related to environmental protection initiatives as well as rising prices of raw materials may act as a hurdle for market growth.
The food and beverage and pharmaceutical end users have registered the highest sale in North America stretching and shrinking the market.
There is an increased focus on sustainable packaging solutions. This has led to the development of eco-friendly stretch and shrink films that are made from biodegradable materials and can be recycled.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1. Executive Summary
2. Introduction
2.1. Key Highlights of the Report
2.2. Report Description
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. North America Stretch and Shrink Film Market Overview
3.1. North America Country Macro Economic Indicators
3.2. North America Stretch and Shrink Film Market Revenues, 2020 & 2027F
3.3. North America Stretch and Shrink Film Market - Industry Life Cycle
3.4. North America Stretch and Shrink Film Market - Porter's Five Forces
3.5. North America Stretch and Shrink Film Market Revenue Share, By Material Type, 2020 & 2027F
3.6. North America Stretch and Shrink Film Market Revenue Share, By End User, 2020 & 2027F
4. North America Stretch and Shrink Film Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. North America Stretch and Shrink Film Market Trends
6. North America Stretch and Shrink Film Market, By Material Type
6.1. North America Stretch and Shrink Film Market, By Material Type
6.1.1. Overview and Analysis
6.1.2. North America Stretch and Shrink Film Market Revenues, By Polyvinyl Chloride (PVC), 2017 - 2027F
6.1.3. North America Stretch and Shrink Film Market Revenues, By Linear Low Density Polyethylene (LLDPE), 2017 - 2027F
6.1.5. North America Stretch and Shrink Film Market Revenues, By Low Density Polyethylene (LDPE), 2017 - 2027F
6.1.5. North America Stretch and Shrink Film Market Revenues, By Polypropylene, 2017 - 2027F
6.2. North America Stretch and Shrink Film Market, By End User
6.2.1. Overview and Analysis
6.2.2. North America Stretch and Shrink Film Market Revenues, By Food & Beverage, 2017 - 2027F
6.2.3. North America Stretch and Shrink Film Market Revenues, By Pharmaceutical, 2017 - 2027F
6.2.4. North America Stretch and Shrink Film Market Revenues, By Electronics, 2017 - 2027F
6.2.5. North America Stretch and Shrink Film Market Revenues, By Paper & Textile, 2017 - 2027F
7. Germany Stretch and Shrink Film Market
7.1. United States Stretch and Shrink Film Market, By Material Type
7.1. United States Stretch and Shrink Film Market, By End User
7.1. United States Stretch and Shrink Film Market, By Regions
8. Canada Stretch and Shrink Film Market
8.1. Canada Stretch and Shrink Film Market, By Material Type
8.1. Canada Stretch and Shrink Film Market, By End User
8.1. Canada Stretch and Shrink Film Market, By Regions
9. North America Stretch and Shrink Film Market Key Performance Indicators
10. North America Stretch and Shrink Film Market - Opportunity Assessment
10.1. North America Stretch and Shrink Film Market Opportunity Assessment, By Material Type, 2020 & 2027F
10.2. North America Stretch and Shrink Film Market Opportunity Assessment, By End User, 2020 & 2027F
11. North America Stretch and Shrink Film Market - Competitive Landscape
11.1. North America Stretch and Shrink Film Market Revenue Share, By Companies, 2020
11.2. North America Stretch and Shrink Film Market Competitive Benchmarking, By Operating and Technical Parameters
12. Company Profiles

Latin America Stretch And Shrink Film Market (2021-2027): Market Forecast By End User (Food & Beverage, HCV, LCV And Pharmaceuticals), By Material Type (Polypropylene, Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE) And Forged Steel), By Countries (Mexico, Brazil, Argentina, Chile And Rest Of Latin America) And Competitive Landscape

Europe Stretch And Shrink Film Market (2021-2027): Market Forecast By End User (Food & Beverage, HCV, LCV And Pharmaceuticals), By Material Type (Polypropylene, Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE) And Forged Steel), By Countries (United Kingdom, Italy, France, Germany And Rest Of Europe) And Competitive Landscape

Asia Pacific (APAC) Stretch And Shrink Film Market (2021-2027): Market Forecast By End User (Food & Beverage, HCV, LCV And Pharmaceuticals), By Material Type (Polypropylene, Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE) And Forged Steel), By Countries (India, China, Japan, South Korea And Rest Of Asia Pacific) And Competitive Landscape

Middle East Stretch And Shrink Film Market (2021-27): Market Forecast By End User (Food & Beverage, HCV, LCV And Pharmaceuticals), By Material Type (Polypropylene, Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE) And Forged Steel), By Countries (Saudi Arabia, UAE, Qatar, Bahrain And Rest Of Middle East) And Competitive Landscape

Africa Stretch And Shrink Film Market (2021-2027): Market Forecast By End User (Food & Beverage, HCV, LCV And Pharmaceuticals), By Material Type (Polypropylene, Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE) And Forged Steel), By Countries (South Africa, Kenya, Nigeria, Ghana And Rest Of Africa) And Competitive Landscape

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