Stretch & Shrink Film Market - Global Forecast 2025-2032

The stretch and shrink film market is transforming as industries prioritize efficiency, safety, and sustainability in their packaging and logistics processes. Amid advancing technologies and evolving regulations, these films have become indispensable across regions and sectors, driving operational improvements and supporting a more sustainable value chain.

Market Snapshot: Stretch & Shrink Film Market Growth and Trends

The global stretch and shrink film market rose from USD 17.72 billion in 2024 to USD 19.07 billion in 2025, and is forecast to reach USD 32.07 billion by 2032, growing at a CAGR of 7.69%. This strong upward trajectory is fueled by ongoing innovation in film properties, rapid adoption in warehousing, retail, and consumer goods packaging, and a heightened focus on sustainability requirements.

Scope & Segmentation

This report provides robust coverage of the market landscape, addressing critical industry segments and regional nuances:

• Film Types: Shrink, Stretch
• Resin Types: High-density polyethylene (HDPE), Low-density polyethylene (LDPE), Linear low-density polyethylene (LLDPE), Polyolefin, Polyvinyl chloride (PVC)
• End Uses: Bundling, Food Packaging, Healthcare Packaging, Industrial Packaging, Pallet Wrapping
• Sales Channels: Direct, Distributor, E-commerce (B2B, B2C)
• Regions Covered: Americas (North America: United States, Canada, Mexico; Latin America: Brazil, Argentina, Chile, Colombia, Peru), Europe, Middle East & Africa (Europe: United Kingdom, Germany, France, Russia, Italy, Spain, Netherlands, Sweden, Poland, Switzerland; Middle East: United Arab Emirates, Saudi Arabia, Qatar, Turkey, Israel; Africa: South Africa, Nigeria, Egypt, Kenya), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Thailand, Malaysia, Singapore, Taiwan)
• Company Coverage: Berry Global Group, Amcor plc, Sealed Air Corporation, Mondi plc, Sigma Plastics Group, Intertape Polymer Group, ProAmpac LLC, Charter Next Generation, PACCOR SE, Glenroy Inc.

Technologies Covered

• Advanced Manufacturing: Innovations such as automation and in-line monitoring systems
• Material Science: High-performance polymers, bio-based and recyclable films
• Digitalization: Real-time tracking, supply chain traceability using blockchain, and analytics-driven demand forecasting

Key Takeaways

• Stretch and shrink films remain critical in securing packaged goods and are increasingly preferred for their adaptable protective properties.
• Sustainability pressures drive the adoption of recyclable and biodegradable polymers, reshaping procurement and development priorities.
• Advancements in film uniformity and strength are enhancing throughput, minimizing waste, and supporting automation in high-volume packaging environments.
• Collaborations across the value chain—between resin suppliers, recyclers, and logistics providers—enable integrated solutions and closed-loop recycling initiatives.
• Market participants are expanding their global footprint through strategic alliances, acquisitions, and regional customization to meet diverse regulatory and climate demands.

Tariff Impact: Strategic Responses to 2025 U.S. Trade Policy

New U.S. tariffs implemented in 2025 have prompted swift adjustments across procurement and manufacturing strategies. Companies are investing in domestic resin production and forming long-term agreements to stabilize supply and costs. Logistics operations have adapted, redistributing sourcing and inventory to reduce tariff exposure. These measures support continued supply chain resilience and spark innovation in film design and resin formulation.

Methodology & Data Sources

This analysis draws on a rigorous multi-stage approach, combining primary interviews with industry leaders and technical experts across global regions, and exhaustive secondary research from journals, government sources, and proprietary reports. Data integrity is ensured through triangulation, cross-referencing, and peer review at each stage.

Why This Report Matters

• Empowers senior decision-makers with actionable insights for optimizing packaging strategies and sourcing amid changing market conditions.
• Guides investment and product portfolio decisions with precise segmentation and technology coverage for a competitive edge.
• Equips organizations to anticipate regulatory, sustainability, and supply chain challenges—enabling agile, risk-mitigated growth.

Conclusion

By leveraging data-driven insights and comprehensive segmentation, this report enables industry leaders to navigate evolving market dynamics, strengthen value-chain resilience, and realize long-term growth opportunities in the stretch and shrink film sector.

Additional Product Information:

• Purchase of this report includes 1 year online access with quarterly updates.
• This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.