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Stretch Films Market Forecast Analysis by 2025 is expected to reach USD 10875.9 Million with the CAGR 4.53%


Stretch Films Market is valued at USD 7975.9 Million in 2018 and expected to reach USD 10875.9 Million by 2025 with the CAGR of 4.53% over the forecast period. Growing demand of packaging industry in industrial applications is the key driver for Global Stretch Films Market.

Stretch film is a highly stretchable plastic film which is used to wrap around items. The elastic recovery keeps the item in place and tightly bound. It is frequently used to unitize pallet loads and bundling smaller items. Types of stretch film include bundling stretch film, hand stretch film, extended core stretch film, machine stretch film and static dissipative film. The linear low-density polyethylene is most common stretch wrap material produced by copolymerization of ethylene with alpha-olefins.

 Stretch films market is segmented on the basis of material, product, manufacturing type, end-user and region. Based on material, the market is divided into Polyethylene (PE) (Linear low-density polyethylene (LLDPE), Low-density polyethylene (LDPE)), Polypropylene (PP) and Polyvinylchloride (PVC). By product type the stretch films market is classified into Hand stretch film, machine stretch film and specialty stretch film. Based on manufacturing type the market is segmented in to cast stretch film, blown stretch film. Based on end-user the market is classified in to food & beverages, pharmaceutical, personal care and electronics, paper & textiles.

 The regions covered in this stretch films market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Stretch Films marketis sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

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