Product Code: PM4119
The global cast stretch films market size is expected to reach USD 4.24 billion by 2032, according to a new study by Polaris Market Research. The report "Cast Stretch Films Market Share, Size, Trends, Industry Analysis Report, By Material Type (Polyethylene, Linear Low-Density Polyethylene, Low-Density Polyethylene, Polypropylene, Polyamide, and Others); By Laser Type; By End Use; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rising investment in research & development activities results in the development and creation of new products that are comparatively more efficient than traditional and older solutions and numerous advantages associated with cast stretch films like user-friendliness, energy efficiency, and resilience to environmental factors, among others, are key factors likely to influence global market growth positively.
For instance, in March 2023, Antalis, a new stretch film, having thinner gauge & high-performance films and, is available in 5 different categories.
Moreover, ongoing innovations in material science and extrusion processes across the globe resulted in the development of various new high-performance cast stretch films with improved characteristics such as better puncture resistance, load retention, and optical clarity, which is also anticipated to open up new growth avenues for the market.
There has been an increasing emphasis on sustainable packaging materials all over the world, which resulted in a significant increase in the number of manufacturers developing and promoting eco-friendly stretch films that are made from recycled materials or those that could be recycled or composted easily. Thereby, with the growing proliferation of increasing environmental awareness and regulations favoring sustainable packaging, the demand for packaging solutions like cast stretch films will grow drastically.
The substantial increase in the demand for these films from retail and hypermarket industries and the constant surge in the need and proliferation for product packaging and enhanced safety of goods during warehousing and distribution are further likely to generate huge growth potential for the market in the near future.
Cast Stretch Films Market Report Highlights
The linear low-density segment accounted for a noteworthy share, mainly due to the rapid increase in its integration across applications due to high stretchability
Multi-layer segment is projected to hold a substantial share, on account of its beneficial features like greater load capacity and enhanced clarity and transparency
The pharmaceuticals segment will grow at the highest growth rate, which is largely attributed to the continuous expansion of the pharmaceutical sector and growing product use in the sector
North America dominated the global market with a considerable share, owing to the rapid adoption of innovative product manufacturing techniques and technologies
Asia Pacific will grow rapidly due to huge demand from different manufacturing sectors and the development of ancillary industries.
The key market players include Borealis AG, Paragon Films Inc., Sigma Plastics Group, Jindal Poly Films Limited, Amcor Plc, and AEP Industries
Polaris Market Research has segmented the cast stretch films market report based on material type, laser type, end use, and region:
Cast Stretch Films, Material Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Polyethylene
- Linear Low-Density Polyethylene
- Low-Density Polyethylene
- Polypropylene
- Polyamide
- Others
Cast Stretch Films, Laser Type Outlook (Revenue - USD Billion, 2019 - 2032)
Cast Stretch Films, End Use Outlook (Revenue - USD Billion, 2019 - 2032)
- Food & Beverages
- Pharmaceuticals
- Personal Care & Cosmetics
- Electrical & Electronics
- Home Care
- Chemicals Others
Cast Stretch Films, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Cast Stretch Films Market Insights
- 4.1. Cast Stretch Films Market - End Use Snapshot
- 4.2. Cast Stretch Films Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Proliferation for anti-static and UV protection films and automation compatibility
- 4.2.1.2. Advancements in manufacturing technologies
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Fluctuating raw material prices
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Cast Stretch Films Market End Use Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Cast Stretch Films Market, by Material Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 5.3. Polyethylene
- 5.3.1. Global Cast Stretch Films Market, by Polyethylene, by Region, 2019-2032 (USD Billion)
- 5.4. Linear Low-Density Polyethylene
- 5.4.1. Global Cast Stretch Films Market, by Linear Low-Density Polyethylene, by Region, 2019-2032 (USD Billion)
- 5.5. Low-Density Polyethylene
- 5.5.1. Global Cast Stretch Films Market, by Low-Density Polyethylene, by Region, 2019-2032 (USD Billion)
- 5.6. Polypropylene
- 5.6.1. Global Cast Stretch Films Market, by Polypropylene, by Region, 2019-2032 (USD Billion)
- 5.7. Polyamide
- 5.7.1. Global Cast Stretch Films Market, by Polyamide, by Region, 2019-2032 (USD Billion)
- 5.8. Others
- 5.8.1. Global Cast Stretch Films Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Cast Stretch Films Market, by Laser Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 6.3. Single Layer
- 6.3.1. Global Cast Stretch Films Market, by Single Layer, by Region, 2019-2032 (USD Billion)
- 6.4. Multi-Layer
- 6.4.1. Global Cast Stretch Films Market, by Multi-Layer, by Region, 2019-2032 (USD Billion)
7. Global Cast Stretch Films Market, by End Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 7.3. Food & Beverages
- 7.3.1. Global Cast Stretch Films Market, by Food & Beverages, By Region, 2019-2032 (USD Billion)
- 7.4. Pharmaceuticals
- 7.4.1. Global Cast Stretch Films Market, by Pharmaceuticals, By Region, 2019-2032 (USD Billion)
- 7.5. Personal Care & Cosmetics
- 7.5.1. Global Cast Stretch Films Market, by Personal Care & Cosmetics, By Region, 2019-2032 (USD Billion)
- 7.6. Electrical & Electronics
- 7.6.1. Global Cast Stretch Films Market, by Electrical & Electronics, By Region, 2019-2032 (USD Billion)
- 7.7. Home Care
- 7.7.1. Global Cast Stretch Films Market, by Home Care, By Region, 2019-2032 (USD Billion)
- 7.8. Chemicals
- 7.8.1. Global Cast Stretch Films Market, by Chemicals, By Region, 2019-2032 (USD Billion)
- 7.9. Others
- 7.9.1. Global Cast Stretch Films Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Cast Stretch Films Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Cast Stretch Films Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Cast Stretch Films Market - North America
- 8.3.1. North America: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.3.3. North America: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.3.4. Cast Stretch Films Market - U.S.
- 8.3.4.1. U.S.: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.3.5. Cast Stretch Films Market - Canada
- 8.3.5.1. Canada: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.4. Cast Stretch Films Market - Europe
- 8.4.1. Europe: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.4.3. Europe: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.4.4. Cast Stretch Films Market - UK
- 8.4.4.1. UK: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.4.5. Cast Stretch Films Market - France
- 8.4.5.1. France: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.4.5.3. France: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.4.6. Cast Stretch Films Market - Germany
- 8.4.6.1. Germany: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.4.7. Cast Stretch Films Market - Italy
- 8.4.7.1. Italy: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.4.8. Cast Stretch Films Market - Spain
- 8.4.8.1. Spain: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.4.9. Cast Stretch Films Market - Netherlands
- 8.4.9.1. Netherlands: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.4.10. Cast Stretch Films Market - Russia
- 8.4.10.1. Russia: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.5. Cast Stretch Films Market - Asia Pacific
- 8.5.1. Asia Pacific: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.5.4. Cast Stretch Films Market - China
- 8.5.4.1. China: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.5.4.3. China: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.5.5. Cast Stretch Films Market - India
- 8.5.5.1. India: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.5.5.3. India: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.5.6. Cast Stretch Films Market - Malaysia
- 8.5.6.1. Malaysia: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.5.7. Cast Stretch Films Market - Japan
- 8.5.7.1. Japan: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.5.8. Cast Stretch Films Market - Indonesia
- 8.5.8.1. Indonesia: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.5.9. Cast Stretch Films Market - South Korea
- 8.5.9.1. South Korea: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.6. Cast Stretch Films Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.6.4. Cast Stretch Films Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.6.5. Cast Stretch Films Market - UAE
- 8.6.5.1. UAE: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.6.6. Cast Stretch Films Market - Israel
- 8.6.6.1. Israel: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.6.7. Cast Stretch Films Market - South Africa
- 8.6.7.1. South Africa: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.7. Cast Stretch Films Market - Latin America
- 8.7.1. Latin America: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.7.4. Cast Stretch Films Market - Mexico
- 8.7.4.1. Mexico: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.7.5. Cast Stretch Films Market - Brazil
- 8.7.5.1. Brazil: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
- 8.7.6. Cast Stretch Films Market - Argentina
- 8.7.6.1. Argentina: Cast Stretch Films Market, by Material Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Cast Stretch Films Market, by End Use, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Cast Stretch Films Market, by Laser Type, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. AEP Industries Inc.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Amcor Plc.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Bagla Group of Companies
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Berry Global Inc.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Bischof+ Klein
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Borealis AG
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. BP Plastics Holding Bhd
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Clondalkin Group
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Griff Paper and Film
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. International Plastics Inc.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Jindal Poly Films Limited
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Paragon Films Inc.
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Sigma Plastics Group Inc.
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Sigma Stretch Film Corporation
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Winpak Ltd.
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development