Sales of stretch films in DACH are estimated to be valued at US$ 343.9 million in 2023 and are projected to reach US$ 451 million by 2033. Sales are expected to increase at a CAGR of 2.8% during the forecast period from 2023 to 2033. The DACH stretch film industry was valued at US$ 333.9 million at the end of 2022 and is anticipated to exhibit a y-o-y growth of 3.0% in 2023.
Fresh products such as fruits and vegetables are set to be often wrapped in stretch films to help prevent spoilage and maintain their freshness. The demand for transparent stretch films is anticipated to surge as these help customers observe the quality of their products and protect them during shipping & transportation.
Polyethylene stretch film packaging is poised to secure more than 1/2th of the industry during the forecast period. This is due to its cost-effectiveness, high versatility, and widespread applicability across several sectors.
The food & beverage and building and construction segments are collectively projected to account for around 1/2th of DACH stretch film demand in the review period. Germany is anticipated to spearhead the DACH stretch film industry during the forecast period. This is attributed to cross-industry collaborations in the country owing to the high versatility of stretch films.
The DACH stretch film industry is expected to experience a lucrative growth outlook during the assessment period. A new estimation predicts that sales will rise from 2023 to 2033. The industry is projected to create a total financial potential of US$ 117 million and expand 1.3 times the current value during the forecast period.
| Attributes | Key Insights |
|---|---|
| DACH Stretch Film Industry Size (2022A) | US$ 333.9 million |
| DACH Stretch Film Industry Estimated Size (2023E) | US$ 343.9 million |
| Projected DACH Stretch Film Industry Valuation (2033F) | US$ 451 million |
| Value-based CAGR (2023 to 2033) | 2.8% |
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The DACH stretch film industry witnessed a CAGR of about 1.5% in the historical period between 2018 and 2022. It reached a valuation of around US$ 333.9 million in 2022 from US$ 314.7 million in 2018.
| Historical CAGR (2018 to 2022) | 1.5% |
|---|---|
| Historical Value (2022) | US$ 333.9 million |
Due to the strong presence of well-established industrial sectors in Germany, Switzerland, and Austria, this regional industry has experienced incremental growth in the historical period. The path of evolution toward environmentally friendly and highly effective stretch packaging solutions can be seen in the historical trajectory.
Advanced innovations in polymer technologies have been crucial in producing the new generation of stretch films that reduce environmental impact. There is an increasing demand from several sectors, such as logistics and food & beverage, where stretch film’s flexibility for palletizing and packaging has proved crucial.
Making strategic decisions in the ever-changing wrapping film industry in DACH requires being knowledgeable. A thorough summary of crucial performance indicators is given in this semi-annual table.
The first piece of data, which covers the initial part of the decade, shows a consistent development with a 2.6% CAGR (H1: 2022 to 2032). Moving into the second half of that decade, there is a slight increase, displaying a 2.7% CAGR (H2: 2022 to 2032).
The second half examines the value CAGR for both the first and second halves of the future decade. The data reveals a notable acceleration in growth, with a 2.7% CAGR in the first half, indicating a sustained upward trajectory (H1: 2023 to 2033). Anticipating the latter part of the era, the growth momentum picks up speed, culminating in a 2.9% CAGR (H2: 2023 to 2033).
| Particular | Value CAGR |
|---|---|
| H1 | 2.6% (2022 to 2032) |
| H2 | 2.7% (2022 to 2032) |
| H1 | 2.7% (2023 to 2033) |
| H2 | 2.9% (2023 to 2033) |
Principal Consultant
Flexible packaging films, especially stretch films, are gaining popularity due to their high durability, cost-effectiveness, and lightweight nature. As industrial stretch wrapping films optimize both packaging time and surface area, these are set to be ideal for manufacturers.
The aesthetic properties of stretch films and their ability to enhance productivity would also contribute to their popularity. The flexibility of stretch films meets strict industry requirements, mainly in the food and pharmaceutical industries, further increasing their demand.
The tear-resistant properties of stretch films enhance reliability, especially in packaging applications and manufacturing. This trend is expected to drive the demand for stretch films in several industries.
There seems to be an increasing demand for transparent packaging across DACH, which is primarily related to food and drinks. This is because of consumer's desire for attractive packaging with visible content.
Transparent packaging is considered one of the key factors for determining the quality of a product and can directly influence on buyer's decision-making process. This trend is especially important for the consumer goods industry, as it focuses on the differentiation of their product by manufacturers.
As per the packaging film industry outlook in DACH, stretch films perform an important function in obtaining smooth surfaces that are clearer and glossier than packaged films. These not only create an appealing look for the users but also save other expenses such as printing, labeling, and decoration.
Modern consumers often make their purchase decisions on-site. This makes the packaging format and appearance, as well as the transparency offered by stretch films, crucial factors. DACH is anticipated to witness a surging demand for clear, transparent packaging that uses stretch films, which would stimulate growth in the estimated period.
The production of plastic items has skyrocketed across DACH. Hence, they permeate everyday life in DACH. In a very short time, about 70% of all plastic products would have become plastic waste.
One main cause of soil and groundwater pollution is improper plastic waste management. Governments of different countries have come up with strict rules and regulations to control this type of waste. The next step toward solving problems associated with increasing volumes of plastic waste is recycling.
There are, however, more end-use industries across DACH that use recyclable plastic packaging. This is mainly because of growing consciousness regarding the way plastic waste should be handled. These factors would provide great opportunities for renowned packaging producers across DACH to come up with reusable stretch films.
The section below highlights the CAGRs of the leading countries in the DACH stretch film industry. The three main countries in the region include Germany, Austria, and Switzerland. According to the analysis, Austria is set to lead the DACH region by showcasing a CAGR of 3.9% in the forecast period. The country is anticipated to be followed by Switzerland and Germany, with CAGRs of 3.6% and 2.1%, respectively.
| Country | Value-based CAGR (2023 to 2033) |
|---|---|
| Germany | 2.1% |
| Austria | 3.9% |
| Switzerland | 3.6% |
The leading position of Germany as the most prominent economy in the DACH stretch wrap industry plays an important role in pushing growth. High-performance stretch films would find extensive use in packaging and transportation as advanced manufacturing takes a significant lead in industries including automotive, machinery, and logistics.
The modern trend of environmental approach in Germany is also expected to propel the use of sustainably sourced raw materials and unique technology. The country’s emphasis on precision and efficiency in terms of packaging is projected to promote the use of stretch films. These are anticipated to be utilized as a strategy to ensure safe palletization and packaging, thereby augmenting demand.
Germany is estimated to dominate the field of pallet wrapping solutions and showcase a value CAGR of around 2.1% by 2033. This is due to the rising demand for online packaging solutions and the growing preference for plastic packaging.
Based on the analysis, Austria’s stretch film industry is expected to witness a 3.9% CAGR in the forecast period. The booming e-commerce sector and the trend for online shopping in Austria are set to contribute to growth.
The growing need for safe and efficient packaging solutions among e-commerce platforms to prevent damage to products during shipping is expected to bolster sales. The ability of stretch films to offer a unique solution to secure and bundle products on pallets is anticipated to help ensure safe delivery and prevent damage.
Switzerland’s stretch film industry will likely exhibit a CAGR of 3.6% from 2023 to 2033. The supply chain and logistics industry in Switzerland is expected to use elastic film technology to optimize and secure palletized products. The technology would also enable companies to enhance their supply chain, lower labor costs, and improve the packaging of products.
Stretch film suppliers in Switzerland are constantly investing in research & development activities to discover novel properties. By doing so, they are aiming to cater to the different needs of several industries. Leading companies in Switzerland are expected to come up with innovative stretch films with UV resistance and high performance.
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The tables below showcase the growth rates of leading segments in the DACH stretch film industry. In terms of material, the polyethylene (PE) segment will likely witness a CAGR of 2.4% in the estimated period. Based on end-use, the food & beverage segment is set to exhibit a CAGR of 2.5% from 2023 to 2033.
| Material | Value CAGR |
|---|---|
| Polyethylene (PE) | 2.4% |
| Polypropylene (PP) | 2.9% |
| Polyvinyl Chloride (PVC) | 1.8% |
| Bio-plastic | 3.2% |
| End-use | Value CAGR |
|---|---|
| Food & Beverage | 2.5% |
| Pharmaceuticals | 2.3% |
| Consumer Products | 3.1% |
| Paper | 1.6% |
| Textile | 1.3% |
| Cosmetics & Personal Care | 3.6% |
| Building & Construction | 2.7% |
| Chemical & Fertilizer | 1.9% |
Polyethylene is one of the most flexible and affordable materials available in DACH. This makes it one of the most commonly used materials for packaging. The material stands out due to its admirable flexibility and durability, which are both necessary for making pallets as well as maintaining load stability.
The polyethylene (PE) segment is projected to expand 1.3 times the current value during the forecast period. It is anticipated that the segment will witness a CAGR of 2.4% in the same period.
In DACH, the food & beverage industry is anticipated to look for unique stretch films to ensure the integrity of products and maintain their freshness. The rising consumer preference for easy-to-use and hygienic packaging solutions is also set to drive demand.
Stretch films are expected to have a high level of adaptability for several packaging needs, including wrapping individual items of food and securing pallet loads. This property is anticipated to augment stretch film sales across DACH through 2033. The food & beverage segment is projected to showcase a 2.5% CAGR in the forecast period and generate a share of 25.2% in 2033.
Leading players in the DACH stretch film industry are gaining high shares by developing advanced products with several innovative properties. They are also focusing on collaborations and partnerships with food manufacturers, cosmetics companies, and textile producers to provide them with enhanced stretch films.
Recent developments of leading stretch film manufacturers in DACH
| Attribute | Details |
|---|---|
| Estimated Industry Value (2023) | US$ 343.9 million |
| Projected Industry Value (2033) | US$ 451 million |
| Anticipated Growth Rate (2023 to 2033) | 2.8% |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Value in US$ million, Volume in 000 tons |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
|
| Key Companies Profiled |
|
In 2022, the DACH stretch film industry was valued at US$ 333.9 million.
The DACH stretch film industry is set to reach US$ 451 million by 2033.
The DACH stretch film industry is expected to reach US$ 343.9 million in 2023.
The DACH stretch film industry exhibited a 1.5% CAGR from 2018 to 2022.
The projected CAGR for the DACH stretch film industry is 2.8%.
The food & beverage and pharmaceutical industries are the leading end users of stretch films.
1. Executive Summary
1.1. DACH Industry Outlook
1.2. Industry Analysis
1.3. Analysis and Recommendations
2. Industry Overview
2.1. Industry Coverage / Taxonomy
2.2. Industry Definition / Scope / Limitations
3. Key Industry Trends
3.1. Key Trends Impacting the Industry
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. PESTLE & Porter 5 Force Analysis
5. Industry Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033
5.1. Historical Industry Volume (000’ tons) Analysis, 2018 to 2022
5.2. Current and Future Industry Volume (000’ tons) Projections, 2023 to 2033
5.3. Y-o-Y Growth Trend Analysis
6. Industry - Pricing Analysis
6.1. Regional Pricing Analysis By Material
6.2. DACH Average Pricing Analysis Benchmark
7. Industry Demand (in Value or Size in US$ Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033
7.1. Historical Industry Value (US$ Million) Analysis, 2018 to 2022
7.2. Current and Future Industry Value (US$ Million) Projections, 2023 to 2033
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Industry Background
8.1. DACH Packaging Industry Outlook
8.2. Macro-Economic Factors
8.3. Forecast Factors - Relevance & Impact
8.4. Value Chain Analysis
8.4.1. Raw Material Suppliers
8.4.2. Converters/Manufacturers
8.4.3. End-users
8.5. Case-based Scenario – Impact Assessment
8.5.1. Current Statistics
8.5.2. Short-Mid-Long Term Outlook
8.5.3. Likely Rebound
8.6. Industry Dynamics
8.6.1. Drivers
8.6.2. Restraints
8.6.3. Opportunity Analysis
8.7. Supply Demand Analysis for Stretch Film
9. Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material
9.1. Introduction / Key Findings
9.2. Historical Industry Size (US$ Million) and Volume (000’ tons) Analysis By Material, 2018 to 2022
9.3. Current and Future Industry Size (US$ Million) and Volume (000’ tons) Analysis and Forecast By Material, 2023 to 2033
9.3.1. Polyethylene (PE)
9.3.1.1. LLDPE
9.3.1.2. LDPE
9.3.2. Polypropylene (PP)
9.3.3. Polyvinyl Chloride (PVC)
9.3.4. Bio-plastics
9.4. Industry Attractiveness Analysis By Material
10. Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, by End-use
10.1. Introduction / Key Findings
10.2. Historical Industry Size (US$ Million) and Volume (000’ tons) Analysis By End-use, 2018 to 2022
10.3. Current and Future Industry Size (US$ Million) and Volume (000’ tons) Analysis and Forecast By End-use, 2023 to 2033
10.3.1. Food & Beverage
10.3.1.1. Fresh Produce
10.3.1.2. Meat & Poultry Packaging
10.3.1.3. Dairy Product
10.3.1.4. Bakery Product
10.3.1.5. Seafood
10.3.1.6. Ready to Eat
10.3.1.7. Frozen Food
10.3.1.8. Others
10.3.2. Pharmaceuticals
10.3.3. Consumer Products
10.3.4. Paper
10.3.5. Textile
10.3.6. Cosmetics & Personal Care
10.3.7. Building & Construction
10.3.8. Chemical & Fertilizers
10.4. Industry Attractiveness Analysis By End-use
11. Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, by Sales Channel
11.1. Introduction / Key Findings
11.2. Historical Industry Size (US$ Million) and Volume (000’ tons) Analysis By Sales Channel, 2018 to 2022
11.3. Current and Future Industry Size (US$ Million) and Volume (000’ tons) Analysis and Forecast By Sales Channel, 2023 to 2033
11.3.1. Direct Sales
11.3.2. Distributors
11.3.3. Retail
11.3.3.1. Hypermarket
11.3.3.2. Supermarket
11.3.3.3. Brick and Mortar
11.3.4. E-commerce
11.4. Industry Attractiveness Analysis By Sales Channel
12. Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, by Country
12.1. Introduction / Key Findings
12.2. Historical Industry Size (US$ Million) and Volume (000’ tons) Analysis By Country, 2018 to 2022
12.3. Current and Future Industry Size (US$ Million) and Volume (000’ tons) Analysis and Forecast By Country, 2023 to 2033
12.3.1. Germany
12.3.2. Austria
12.3.3. Switzerland
12.4. Industry Attractiveness Analysis By Country
13. Germany Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
13.1. Introduction / Key Findings
13.2. Historical Industry Size (US$ Million) and Volume (000’ tons) Analysis, 2018 to 2022
13.3. Current and Future Industry Size (US$ Million) and Volume (000’ tons) Analysis and Forecast, 2023 to 2033
13.3.1. By Material
13.3.2. By End-use
13.3.3. By Sales Channel
13.4. Industry Attractiveness Analysis
13.4.1. By Material
13.4.2. By End-use
13.4.3. By Sales Channel
14. Austria Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
14.1. Introduction / Key Findings
14.2. Historical Industry Size (US$ Million) and Volume (000’ tons) Analysis, 2018 to 2022
14.3. Current and Future Industry Size (US$ Million) and Volume (000’ tons) Analysis and Forecast, 2023 to 2033
14.3.1. By Material
14.3.2. By End-use
14.3.3. By Sales Channel
14.4. Industry Attractiveness Analysis
14.4.1. By Material
14.4.2. By End-use
14.4.3. By Sales Channel
15. Switzerland Industry Analysis 2018 to 2022 and Forecast 2023 to 2033
15.1. Introduction / Key Findings
15.2. Historical Industry Size (US$ Million) and Volume (000’ tons) Analysis, 2018 to 2022
15.3. Current and Future Industry Size (US$ Million) and Volume (000’ tons) Analysis and Forecast, 2023 to 2033
15.3.1. By Material
15.3.2. By End-use
15.3.3. By Sales Channel
15.4. Industry Attractiveness Analysis
15.4.1. By Material
15.4.2. By End-use
15.4.3. By Sales Channel
16. Country wise Cross-Sectional Analysis 2023-2033
16.1. Germany Industry Analysis
16.1.1. By Material
16.1.2. By End-use
16.1.3. By Sales Channel
16.2. Austria Industry Analysis
16.2.1. By Material
16.2.2. By End-use
16.2.3. By Sales Channel
16.3. Switzerland Industry Analysis
16.3.1. By Material
16.3.2. By End-use
16.3.3. By Sales Channel
17. Industry Structure Analysis
17.1. Industry Analysis by Tier of Companies
17.2. Industry Share Analysis of Top Players
17.3. Industry Presence Analysis
18. Competition Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Competition Deep Dive (DACH Based/Operating Key Industry Players)
18.3.1. Intertape Polymer Group Inc.
18.3.1.1. Overview
18.3.1.2. Product Portfolio
18.3.1.3. Profitability by Industry Segments (Product/Channel/Country)
18.3.1.4. Sales Footprint
18.3.1.5. Strategy Overview
18.3.2. The ERGIS GROUP
18.3.2.1. Overview
18.3.2.2. Product Portfolio
18.3.2.3. Profitability by Industry Segments (Product/Channel/Country)
18.3.2.4. Sales Footprint
18.3.2.5. Strategy Overview
18.3.3. Scientex Berhad
18.3.3.1. Overview
18.3.3.2. Product Portfolio
18.3.3.3. Profitability by Industry Segments (Product/Channel/Country)
18.3.3.4. Sales Footprint
18.3.3.5. Strategy Overview
18.3.4. Coveris Holdings Inc.
18.3.4.1. Overview
18.3.4.2. Product Portfolio
18.3.4.3. Profitability by Industry Segments (Product/Channel/Country)
18.3.4.4. Sales Footprint
18.3.4.5. Strategy Overview
18.3.5. MEGAPLAST SA
18.3.5.1. Overview
18.3.5.2. Product Portfolio
18.3.5.3. Profitability by Industry Segments (Product/Channel/Country)
18.3.5.4. Sales Footprint
18.3.5.5. Strategy Overview
18.3.6. Gebr. Dürrbeck Kunststoffe GmbH
18.3.6.1. Overview
18.3.6.2. Product Portfolio
18.3.6.3. Profitability by Industry Segments (Product/Channel/Country)
18.3.6.4. Sales Footprint
18.3.6.5. Strategy Overview
18.3.7. Polifilm Group
18.3.7.1. Overview
18.3.7.2. Product Portfolio
18.3.7.3. Profitability by Industry Segments (Product/Channel/Country)
18.3.7.4. Sales Footprint
18.3.7.5. Strategy Overview
18.3.8. Manupackaging Deutschland GmbH
18.3.8.1. Overview
18.3.8.2. Product Portfolio
18.3.8.3. Profitability by Industry Segments (Product/Channel/Country)
18.3.8.4. Sales Footprint
18.3.8.5. Strategy Overview
18.3.9. Eurapack Gmbh
18.3.9.1. Overview
18.3.9.2. Product Portfolio
18.3.9.3. Profitability by Industry Segments (Product/Channel/Country)
18.3.9.4. Sales Footprint
18.3.9.5. Strategy Overview
18.3.10. Duoplast
18.3.10.1. Overview
18.3.10.2. Product Portfolio
18.3.10.3. Profitability by Industry Segments (Product/Channel/Country)
18.3.10.4. Sales Footprint
18.3.10.5. Strategy Overview
*The above list is indicative in nature and is subject to change during the course of research
19. Assumptions and Acronyms Used
20. Research Methodology
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Stretch Film Industry Analysis in DACH
