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Stretch & Shrink Film Contact your Freedonia Client Services at +1.440.684.9600 or [email protected]. STRETCH & SHRINK FILM Industry Study #3796 | March 2020 This Freedonia industry study analyzes the 2.6 billion pound US stretch and shrink film market. It presents historical demand data (2009, 2014, 2019) and forecasts for 2024 by type (stretch film, shrink film), market (storage & distribution – pallet unitization, bundling and other; product packaging – food, beverages, paper and textile, consumer, other packaging applications), and resin (linear low-density polyethylene, low-density polyethylene, polyvinyl chloride, polypropylene, other resins). Learn More About This Report Report Link: https://hubs.ly/H0nLTtB0 Table of Contents (continued) Table of Contents 1. Executive Summary 9 2. Overview 11 Key Findings 11 Demand by Type & Application 12 Historical Trends 14 Pricing Trends 16 Foreign Trade & International Activity 18 Resin (Multilayer & Metallocene Films) & Machinery Developments 19 Regulatory & Environmental Considerations 21 Pallet Unitization Film 21 PVC Film 21 Recycling 22 Labels 23 3. Stretch Film 24 Key Findings 24 Stretch Film Demand 25 Stretch Film Production Methods (Cast, Blown) 26 Stretch Film Resins 28 Stretch Film Products 30 Demand by Product 30 Stretch Wrap 31 Stretch Hoods 32 Stretch Sleeve Labels 34 Stretch Film Applications 35 Demand by Application 35 Pallet Unitization (Machine Film, Hand Film) 36 Bundling & Other Storage & Distribution 38 Food Packaging 39 Beverage Packaging 41 Paper & Textile Packaging 42 Consumer & Other Packaging 42 Stretch Film Market Leaders 44 Stretch & Shrink Film 1 ©2020 The Freedonia Group. All rights reserved. Table of Contents (continued) 4. Shrink Film 46 Key Findings 46 Shrink Film Demand 47 Shrink Film Resins 48 Shrink Film Products 50 Demand by Product 50 Shrink Wrap 51 Shrink Labels 52 Shrink Bags 54 Shrink Hoods & Other Shrink Film 55 Shrink Film Applications 56 Demand by Application 56 Food Packaging 57 Beverage Packaging 58 Paper & Textile Packaging 58 Consumer & Other Packaging 58 Pallet Unitization 59 Bundling & Other Storage & Distribution 59 Shrink Film Market Leaders 60 5. Storage & Distribution Applications 63 Key Findings 63 Demand by Application 64 Pallet Unitization 65 Bundling & Other Storage & Distribution 67 Storage & Distribution Markets 69 Demand by Market 69 Manufacturing 70 Warehousing 71 Construction & Other Applications 72 6. Product Packaging Applications 73 Key Findings 73 Demand by Application 74 Food Packaging 76 Stretch vs. Shrink Film Demand 76 Meat, Poultry, & Seafood Packaging 78 Dairy Packaging 79 Produce Packaging 81 Other Food Packaging 82 Beverage Packaging 84 Stretch & Shrink Film 2 ©2020 The Freedonia Group. All rights reserved. Table of Contents (continued) Paper & Textile Packaging 86 Consumer Product Packaging 88 Other Product Packaging 90 7. Resins 92 Key Findings 92 Demand by Resin 93 LLDPE 95 LDPE 97 PVC 99 Other Resins 101 8. Industry Structure 103 Key Findings & Industry Composition 103 Market Share 105 Competitive Strategies 114 Mergers & Acquisitions 116 Marketing & Distribution 118 Research & Development 120 List of Industry Participants 121 9. Appendix 125 Scope 126 Definitions 129 Abbreviations 132 Freedonia Methodology 133 Study-Specific Methodology 148 Sources 149 Associations & Agencies 150 Related Studies & Reports 151 Macroeconomic Assumptions 152 Economic Environment 152 Demographics 154 Consumer Spending 156 Stretch & Shrink Film 3 ©2020 The Freedonia Group. All rights reserved. List of Tables (continued) List of Tables 2. Overview Table 2-1 | Stretch & Shrink Film Demand by Type & Application, 2009 – 2024 (million pounds & million dollars) 13 Table 2-2 | Stretch & Shrink Film Market, 2009 – 2019 14 Table 2-3 | Stretch & Shrink Film Pricing, 2009 – 2024 (dollars per pound) 17 3. Stretch Film Table 3-1 | Stretch Film Demand, 2009 – 2024 (million pounds & million dollars) 25 Table 3-2 | Stretch Film Demand by Production Method, 2009 – 2024 (million pounds) 26 Table 3-3 | Cast & Blown Stretch Film: Relative Advantages & Disadvantages 27 Table 3-4 | Stretch Film Demand by Resin, 2009 – 2024 (million pounds) 29 Table 3-5 | Stretch Film Demand by Product, 2009 – 2024 (million pounds) 30 Table 3-6 | Stretch Wrap Products: Drivers & Restraints 32 Table 3-7 | Stretch Hoods: Advantages Over Competitive Pallet Unitization Products 33 Table 3-8 | Stretch Sleeve Labels: Advantages Over Competitive Pallet Unitization Products 34 Table 3-9 | Stretch Film Demand by Application, 2009 – 2024 (million pounds) 36 Table 3-10 | Stretch Film Uses, Drivers, & Restraints 36 Table 3-11 | Stretch Film Demand by Pallet Unitization Application, 2009 – 2024 (million pounds) 37 Table 3-12 | Selected Pallet Unitization Suppliers & Products by Film Type 37 Table 3-13 | Selected Building & Other Storage & Distribution Suppliers & Products by Film Type 39 Table 3-14 | Stretch Film Demand by Food Packaging Application, 2009 – 2024 (million pounds) 40 Table 3-15 | Selected Stretch Film Products by Market Leaders 44 4. Shrink Film Table 4-1 | Shrink Film Demand, 2009 – 2024 (million pounds & million dollars) 47 Table 4-2 | Shrink Film Demand by Resin, 2009 – 2024 (million pounds) 49 Table 4-3 | Shrink Film Resin Applications & Characteristics 49 Table 4-4 | Shrink Film Demand by Product, 2009 – 2024 (million pounds) 50 Table 4-5 | Shrink Wrap Products: Drivers & Restraints 52 Table 4-6 | Shrink Label Resins: Advantages & Disadvantages 53 Table 4-7 | Shrink Film Demand by Application, 2009 – 2024 (million pounds) 56 Table 4-8 | Shrink Film Demand by Food Packaging Application, 2009 – 2024 (million pounds) 57 Stretch & Shrink Film 4 ©2020 The Freedonia Group. All rights reserved. List of Tables (continued) Table 4-9 | Selected Paper & Textile Product Applications for Shrink Film 58 Table 4-10 | Selected Consumer & Other Applications for Shrink Film 59 Table 4-11 | Selected Shrink Film Products by Market Leader 61 5. Storage & Distribution Applications Table 5-1 | Storage & Distribution: Stretch & Shrink Film Demand, 2009 – 2024 (million pounds & million dollars) 64 Table 5-2 | Pallet Unitization: Stretch & Shrink Film Demand by Type, 2009 – 2024 (million pounds & million dollars) 66 Table 5-3 | Bundling & Other Storage & Distribution: Stretch & Shrink Film Demand by Type, 2009 – 2024 (million pounds & million dollars) 68 Table 5-4 | Storage & Distribution: Stretch & Shrink Film Demand by Market, 2009 – 2024 (million pounds) 69 6. Product Packaging Applications Table 6-1 | Product Packaging: Stretch & Shrink Film Demand by Application, 2009 – 2024 (million pounds & million dollars) 74 Table 6-2 | Food Packaging: Stretch & Shrink Film Demand, 2009 – 2024 (million pounds & million dollars) 76 Table 6-3 | Meat, Poultry, & Seafood Packaging: Stretch & Shrink Film Demand by Type & Grade, 2009 – 2024 (million pounds & million dollars) 79 Table 6-4 | Selected Meat, Poultry, & Seafood Applications for Stretch & Shrink Film 79 Table 6-5 | Dairy Packaging: Stretch & Shrink Film Demand by Type, 2009 – 2024 (million pounds & million dollars) 80 Table 6-6 | Selected Dairy Packaging Applications for Stretch & Shrink Films 80 Table 6-7 | Produce Packaging: Stretch & Shrink Film Demand by Type, 2009 – 2024 (million pounds & million dollars) 81 Table 6-8 | Selected Produce Packaging Applications for Stretch & Shrink Films 81 Table 6-9 | Other Food Packaging: Stretch & Shrink Film Demand by Type, 2009 – 2024 (million pounds & million dollars) 83 Table 6-10 | Beverage Packaging: Stretch & Shrink Film Demand, 2009 – 2024 (million pounds & million dollars) 85 Table 6-11 | Paper & Textile Packaging: Stretch & Shrink Film Demand by Type & Application, 2009 – 2024 (million pounds & million dollars) 87 Table 6-12 | Consumer Product Packaging: Stretch & Shrink Film Demand by Type & Application, 2009 – 2024 (million pounds & million dollars) 89 Table 6-13 | Selected Consumer Applications for Stretch & Shrink Films 89 Table 6-14 | Other Product Packaging: Stretch & Shrink Film Demand by Type & Application, 2009 – 2024 (million pounds & million dollars) 91 Stretch & Shrink Film 5 ©2020 The Freedonia Group. All rights reserved. List of Tables (continued) 7. Resins Table 7-1 | Stretch & Shrink Film Demand by Resin, 2009 – 2024 (million pounds) 94 Table 7-2 | LLDPE Stretch & Shrink Film Demand by Type, 2009 – 2024 (million pounds & million dollars) 96 Table 7-3 | LLDPE Stretch & Shrink Films: Advantages & Disadvantages 96 Table 7-4 | LDPE Stretch & Shrink Film Demand by Type, 2009 – 2024 (million pounds & million dollars) 97 Table 7-5 | LDPE Stretch & Shrink Films: Advantages & Disadvantages 98 Table 7-6 | PVC Stretch & Shrink Film Demand by Type, 2009 – 2024 (million pounds & million dollars) 99 Table 7-7 | PVC Stretch & Shrink Films: Advantages & Disadvantages 100 Table 7-8 | Other Stretch & Shrink Film Resin Demand by Resin & Type, 2009 – 2024 (million pounds & million dollars) 102 Table 7-9 | Other Stretch & Shrink Film Resin Applications: Drivers & Restraints 102 8. Industry Structure Table 8-1 | US Stretch & Shrink Film Sales by Company, 2019 (million dollars) 104 Table 8-2 | Additional Market Leaders in the US Stretch & Shrink Film Market 113 Table 8-3 | Competitive Strategies in the US Stretch & Shrink Film Industry 115 Table 8-4 | Selected Cooperative Agreements 115 Table 8-5 | Selected Mergers & Acquisitions 117 Table 8-6 | Selected Industry Participants 121 9. Appendix Table 9-1 | Study Scope: Stretch & Shrink Film Markets 128 Table 9-2 | Relevant Industry Codes 128 Table 9-3 |
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