Stretch Film Market Poised for Steady Growth Driven by eCommerce and Sustainability Trends
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The stretch film market is projected to grow from $2.8 billion in 2024 to $4.1 billion by 2034 at a CAGR of 3.9%, driven by eCommerce and retail industries.
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Food and beverage is the largest end-use industry for stretch films, expected to account for 26.2% market share in 2024.
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North America and Asia Pacific are important geographical markets, with the US, Canada, India and China projected to see significant growth rates.
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Key players are focusing on product innovation and sustainability, using more recycled content and bio-based materials.
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Major companies include Allen Plastic Industries, Vishakha Polyfab, Four Star Plastics, Griff Paper and Film, CS Hyde Company, International Plastics, and Bagla Group.