Stretch Packaging Market is predicted to grow at a CAGR of 5.71% by 2030
February 23, 2023 ⚊ 1 Min read ⚊ Views 53 ⚊ BLOG
The stretch packaging market is a rapidly expanding industry that offers a versatile and cost-effective packaging solution for various products. Stretch packaging involves the use of stretch film to wrap and secure products for storage, transport, and retail display.
The market is segmented based on material type, product type, and end-use industry. The most commonly used materials for stretch packaging include polyethylene, polypropylene, and PVC. Each material has unique properties that make it suitable for different applications and products.
Product types in the market range from stretch wrap films to stretch hood films, stretch sleeves, and stretch labels. Stretch wrap films are the most commonly used product type in the market and are ideal for pallet wrapping and securing loads for transport.
