Global Blown Stretch Packaging Films Market Size & Share, Growth, Trends and Forecast 2017 - 2025

The main objective of this report is to define, describe, and forecast the global “Blown Stretch Packaging Films” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Blown Stretch Packaging Films Market: Market Overview

The blown stretch packaging films are available in various colors, gauges and can also be utilized for numerous applications. They have a high power and provide very high puncture resistance while wrapping uneven loads or the products with sharp edges. The blown stretch packaging films are made up of beads of resins that are fed through a heated machine, having a circular die. The resin which is heated is forced through the die and later it is vertically blown inside the bubble. Prior to transforming into the rolls of a stretch film, the air bubble is cooled by the surrounding air. The cooling then helps in the solidification of the blown stretch packaging film and it is made into large rolls. The rolls resist damage if dropped or handled roughly, thus the fewer wastage results in greater savings on the cost. The cost of manufacturing of the blown stretch packaging films is more as compared to the manufacturing cost of the cast stretch packaging films.

Blown Stretch Packaging Films Market: Market Dynamics

The increasing demand for fresh food products coupled with growing need to immediately pack these products; is fueling the growth of the blown stretch packaging films market. The increasing demand for packaging materials that are antimicrobial and possess UV protection technology, is also a driving factor. The growing demand for packaging solutions with a very high puncture resistance and enhanced holding power is also a major driving factor. However, the high initial cost of investment and manufacture is a restraining factor for the growth of the blown stretch packaging films market. Another challenging factor is the high noise created by the blown stretch packaging films while unwinding. The higher levels of cling of the blown stretch packaging films are widening the scope for the growth of its market. Cling refers to the sticking property of the film to itself. One of the prominent trends in the global blown stretch packaging films market is the combination of cast and blown type in one single film.

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Blown Stretch Packaging Films Market: Market Segmentation

The global blown stretch packaging films market can be segmented on the basis of end-use industries:

Food & Beverages
Electronics
3PL Logistics
Automobiles
Home Appliances
Glass Objects
Textile
Retail
Wholesale
Healthcare
Others
It can be segmented on the basis of the type of resin used for the manufacture:

PBE (Polypropylene based elastomers)
PE (Polyethylene)
Others
It can also be segmented on the basis of the type of operation:

Hand blown stretch packaging films
Machine blown stretch packaging films
Specialty blown stretch packaging films
Blown Stretch Packaging Films Market: Segmentation Overview

The machine blown stretch packaging films are designed for the high speed and automated operations. The hand blown stretch films are designed for comparative easy application and strength. These can further be segmented into conventional and stiff blown stretch films. The specialty blown stretch packaging films are the ones that offer protection from UV radiations. They are also available in different colors to suit different requirements of the customers. The polypropylene based elastomer (PBE) blown stretch packaging films can be used immediately post production as they do not require hot boxing.

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Blown Stretch Packaging Films Market: Regional Outlook

The global blown stretch packaging films market geographically is segmented as North America, Eastern Europe, Western Europe, Latin America, Asia-Pacific excluding Japan, Japan, and Middle East & Africa. North America and Europe hold a significant market share of blown stretch packaging films market owing to the fully developed packaging technologies. Furthermore, the increase in R & D activities related to packaging solutions, wherein blown stretch packaging films have versatile applications, aids in boosting the growth of blown stretch packaging films market in the region. The market in the APEJ region is more inclined towards growing demand for blown stretch packaging films because of the increasing demand for advanced packaging materials.

Blown Stretch Packaging Films Market: Recent Developments

Companies such as NU Packaging, Inc. offer regular high-performance machine film, along with the lower-gauge and highly engineered machine film, which are compatible and can accommodate with all applications and load types. Because of the slower cooling process during the manufacturing of the blown stretch packaging films, they are tougher than the cast films. Exxon Mobil Corporation’s blown stretch packaging films have the Vistamaxx trade mark. They offer outstanding tenacity and toughness along with a comparatively low noise while unwinding. The blown pre-stretch technology by IGP Pty Ltd. ensures the maximum number of pallets or products rolled from each wrap. Maxi-Lite, IPEX Gold, IPEX & JACKWRAP are some of the own developed packaging solutions of the company.

Blown Stretch Packaging Films Market: Prominent Players

Some of the prominent players in the global blown stretch packaging films market are:

NU Packaging, Inc.
Eurofilms
Lantech
FlexPac
Norflex, Inc.
IPG Pty Ltd.
Dennison Ltd.
JC Gilmore Pty Ltd.
Barbier Group
Exxon Mobil Corporation
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
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, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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