Latest Trends In Global Stretch Films Market

Stretch films, also known as stretch wrap or stretch film wrap, are highly elastic and clingy plastic films used to securely wrap and bundle items for transportation, storage, and protection.

These films are commonly made from materials such as polyethylene, and they come in various thicknesses and sizes to accommodate different packaging needs.

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One real-world application of stretch films is in the food industry. These films are used to wrap fresh produce, meat, and other perishable items to keep them fresh and hygienic.

The stretch film's transparency allows for easy identification of the contents, and its ability to tightly seal the product helps extend its shelf life.

Another example is in retail packaging, where stretch films are used to bundle products together.

For instance, packs of bottled water, toilet paper rolls, or other similar items are often wrapped with stretch film to create neat and organized bundles for display.

GLOBAL STRETCH FILMS MARKET SIZE AND FORECAST

The Stretch Films accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

Paragon Films, a market-leading manufacturer of value added, ultra-high performance stretch film products, today announced the launch of Power Edge PCR-the first-of-its-kind thin-gauge stretch film focused on circularity.

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The 27.5 gauge handfilm is the latest addition to Paragon's SVPR (Sustainability: Virgin Plastic Reduction) product line, which comprises thin-gauge, ultra-high performance stretch films that enable extreme down-gauging and less virgin plastic used.

Power Edge PCR introduces a thin-gauge offering in a market where PCR (post-consumer resin) films have previously had the greatest success in thicker-gauge films. With 25 percent PCR and 75 percent virgin resin content amounting to 20.6 gauge, Power Edge PCR uses less virgin plastic than any handfilm on the market.

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THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

How many Stretch Films are manufactured per annum globally? Who are the sub-component suppliers in different regions?
Cost breakup of a Global Stretch Films and key vendor selection criteria
Where is the Stretch Films manufactured? What is the average margin per unit?
Market share of Global Stretch Films market manufacturers and their upcoming products
Cost advantage for OEMs who manufacture Global Stretch Films in-house
key predictions for next 5 years in Global Stretch Films market
Average B-2-B Stretch Films market price in all segments
Latest trends in Stretch Films market, by every market segment
The market size (both volume and value) of the Stretch Films market in 2023-2030 and every year in between?
Production breakup of Stretch Films market, by suppliers and their OEM relationship

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This release was published on openPR.