Stretch and Shrink Films Market in the US 2015-2019
About Stretch and Shrink Film
Stretch and shrink films are highly engineered polythene films used for packaging goods. These films have special chemical properties, which make them differ in their flexibility and stretchability. Stretch films are stretchable, elastic thin polythene films used to wrap around pallet loads. Shrink films are thin films that are wrapped around a single product or commodity and require the application of heat for packing. These films help prevent the spoilage of goods from air and moisture, thus enhancing the quality of packaged products.
TechNavio's analysts forecast the Stretch and Shrink market in the US to grow at a CAGR of 3.76 percent over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the Stretch and Shrink market in the US for the period 2015-2019. The market is segmented based on the following criteria: revenue, types of films, and types of resins.TechNavio's report, the Stretch and Shrink Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the Stretch and Shrink market in the US and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.Key Vendors
Technavio Announces the Publication of its Research Report – Stretch and Shrink Films Market in the US 2015-2019
Technavio recognizes the following companies as the key players in the Stretch and Shrink Films Market in the US: AEP Industries Inc., Amcor Ltd., Bemis Company Inc. and Berry Plastics Corp
Other Prominent Vendors in the market are: American Eagle Packaging, FlexSol Packaging, IPS Packaging, MRI Flexible Packaging, Paragon Films, Printpack, Sigma Plastics, Sonoco Products and U.S. Packaging & Wrapping.
Commenting on the report, an analyst from Technavio’s team said: “One of the major trends emerging in this market is the increased usage of the linear low-density polyethylene resin compared to the low-density polyethylene resin. The LLDPE resin makes the films more flexible and transparent.”
According to the report, one of the major drivers of the market is the demand for high-quality flexible packaging films. Stretch films are widely used to wrap consumer goods and food products. High-quality flexible packaging films reduce the cost of production and are environmentally friendly.
Further, the report states that one of the major challenges that the market faces is increased competition between local and multinational vendors in the market. Vendors who can deliver large shipments make it difficult for new vendors to enter the market.
AEP Industries , Amcor , Bemis , Berry Plastics , American Eagle Packaging, FlexSol Packaging, IPS Packaging, MRI Flexible Packaging, Paragon Films, Printpack , Sigma Plastics , Sonoco Products , U.S. Packaging & Wrapping