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Pre-Stretch Film Market - Segmentation And Analysis By Recent Trends, Development Trends And Growth Rate By Regions To 2024
The pre-stretch film is one of the largest growing segments in the stretch film industry. Many industries have started using pre-stretch film over the conventional film for its cost saving. Pre-stretch is the process that allows the stretch film to be stretched before being applied to a load or object.The pre-stretch film possesses the qualities such as film memory, stretch consistency, excellent puncture properties, less waste disposal. The pre-stretch film is fabricated using superior grade polymer material and is non-toxic, stretchable and resistant to oil, water & grease.
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The global pre-stretch film market is projected to grow rapidly as a result of increasing demand for pre-stretch film over the forecast period. High load stability, high tear, puncture resistance and high clarity over the conventional film key factors fuelling the growth of the market.
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Affordability is a key factor fuelling the adoption of pre-stretch films as the capital investment is reduced by 25% to 30% by using these films. The full stretch potential property of these films saves energy and also reduces risk of injury. Increasing demand for opaque pre-stretch film to conceal load and prevent theft and UV intrusion is another driving factor for the global pre-stretch film market.
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In terms of geography, the global pre-stretch film market has been divided into five key regions, including North America, Latin America, Europe, Asia-Pacific (APAC) and Middle East & Africa (MEA).
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