Global Stretch and Shrink Films Market to Reach $27.7 Billion by 2030
The global market for Stretch and Shrink Films estimated at US$15.6 Billion in the year 2022, is projected to reach a revised size of US$27.7 Billion by 2030, growing at a CAGR of 7.4% over the analysis period 2022-2030. Hoods, one of the segments analyzed in the report, is projected to record 8.3% CAGR and reach US$14 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Sleeves & Labels segment is readjusted to a revised 6.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $4.3 Billion, While China is Forecast to Grow at 12.3% CAGR
The Stretch and Shrink Films market in the U.S. is estimated at US$4.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.6 Billion by the year 2030 trailing a CAGR of 12.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 5.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.Select Competitors (Total 43 Featured) -
- AEP Industries Inc.
- Allied Global Plastics Private Limited
- Anchor Packaging
- Bemis Company Inc.
- Berry Global Inc.
- Bollore Inc.
- Bonset America Corporation
- Coveris Holding Corp.
- E. I. du Pont de Nemours and Co (DuPont)
- ExxonMobil Chemical Company
- FUJI Seal International Inc
- Intertape Polymer Group Inc.
- Sigma Plastics Group
- The Dow Chemical Company
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- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AEP Industries Inc.
- Allied Global Plastics Private Limited
- Anchor Packaging
- Bemis Company Inc.
- Berry Global Inc.
- Bollore Inc.
- Bonset America Corporation
- Coveris Holding Corp.
- E. I. du Pont de Nemours and Co (DuPont)
- ExxonMobil Chemical Company
- FUJI Seal International Inc
- Intertape Polymer Group Inc.
- Sigma Plastics Group
- The Dow Chemical Company
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 94 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 15.6 Billion |
Forecasted Market Value ( USD | $ 27.7 Billion |
Compound Annual Growth Rate | 7.4% |
Regions Covered | Global |