Growth in the US stretch & shrink film market will total 3.5% annually through 2019 in value terms. Gains will be driven by rising demand for stretch and shrink labels in product packaging. Overall growth in nondurable goods shipments will also boost sales.
Stretch Hoods Gaining Share
Stretch film will remain the larger of the two industries through 2019. Among stretch film products, fastest growth is expected for stretch hoods, which will continue to gain share over shrink hoods in pallet wrapping applications.
Shrink Label Pacing Growth
Shrink film will see above average gains through 2019. Advances will benefit from strong increases in shrink labels, which provide high visibility and graphics characteristics in primary and secondary product packaging.
Opportunities in Beverage Markets
Stretch & shrink films markets are split between storage & distribution (primarily pallet wrap) and product packaging, which will see similar growth rates through 2019. In product packaging, best opportunities are in the beverage market, where shrink sleeve overwraps and stretch & shrink labels are increasingly popular.
Scope of the Report
This report covers the scope, size, and growth of the US stretch & shrink film market including key trends in product, resin, and market segmentation. Historical data is provided for 2004, 2009, and 2014 with forecasts for 2019 and 2024, with year by year historical market volatility also addressed. Data is provided in and million dollars. Also included is an analysis of the industry key players and their market shares.
Products covered within the scope of this report include:
Markets covered within the scope of this report include:
Paper & Textile
Storage & Distribution
Resins covered within the scope of this report include:
Linear Low Density Polyethylene (LLDPE)
Low Density Polyethylene (LDPE)
Polyvinyl Chloride (PVC)
Major stretch & shrink film producers include: