Press release
Global Pre-Stretch Film Market Industry Analysis, Size, Share, Growth, Trends and Forecast 2016-2024
"The Report Pre-Stretch Film Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"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.
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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.
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. 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. However, the rising petroleum cost affects the price rise of raw material such as polymer which can be the restraint for the global pre-stretch film market.
The custom printed film such as logos and graphics on the film as per the customized order has become a pervasive trend in the pre-stretch film market and this is expected to contribute to the growth of the market during the forecast period.
The global pre-stretch film market is segmented on the basis of type, size, application, end user and geographical region.
Based on the type, the global pre-stretch film market is segmented into:
Hand film
Machine film
Based on the micron size, the global pre-stretch film market is segmented into:
7 micron
8 micron
9 micron
10 micron
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Based on the application, the global pre-stretch film market is segmented into:
Packaging
Wrapping
UV Protection
Based on the end user, the global pre-stretch film market is segmented into:
Construction
Food and beverages
Pharmaceuticals
Consumer goods
Industrial goods
Chemical
Transport
Electronic
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). The global pre-stretch film market is expected to register moderate growth over the forecast period. Asia Pacific has contributed the major share to the global pre-stretch film market due to the rapidly growing demand due to industrialization in Asia Pacific region. North America and Europe regions are also growing at a decent growth and expected to register the significance CAGR over the forecast period. Latin America and MEA regions are at a nascent stage and anticipated to register the healthy growth over the forecast period.
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Some of the key players of the global pre-stretch film market are Malpack Corp, Pelican Poly & Pallets Private Limited, U.S. Packaging and Wrapping LLC., Veritiv Corporation, Exxon Mobil Corporation, Trioplast Industrier AB, Noel, Intertape Polymer Group, Ergis and International Plastics. Various global companies are contributed decent growth to the global pre-stretch film market. The key players from Asia pacific region have contributed major share to the pre-stretch film market in terms of value and volume. Overall, the global pre-stretch film market has expected to register a significant growth over the forecast period.
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.
The study is a source of reliable data on:
Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Competitive insights
Opportunity mapping in terms of technological breakthroughs
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)
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TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market.
TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place. All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.
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