In 2024, stretch film demand in Western Europe is anticipated to reach a valuation of US$ 436 million. The demand for stretch film in Western Europe is likely to expand with a 3% CAGR from 2024 to 2034. The industry is projected to attain US$ 584.4 million by 2034.
Attributes | Details |
---|---|
Industry size in 2024 | US$ 436 million |
Expected Industry size in 2034 | US$ 584.4 million |
Forecasted CAGR between 2024 to 2034 | 3% |
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In 2024, the cast segment is likely to gain a share of 63.80% in Western Europe.
Manufacturing Process Type | Cast |
---|---|
Expected share in 2024 | 63.8% |
Stretch films are ideally produced using the cast manufacturing technique as it yields thin, reliable films with superior tensile strength and clarity. This process creates a uniform film by forcing molten resin down a flat die and quickly cooling it on a chill roll. Stretch films with improved puncture resistance and cling qualities are produced by the method, which also permits exact control over thickness.
Cast stretch films are perfect for a wide range of uses, including pallet wrapping, guaranteeing dependable and effective packaging solutions in sectors like manufacturing and logistics.
The food and beverage segment in Western Europe stretch film industry is estimated to garner a 26.50% share in 2024.
End Use Segment | Food and Beverage |
---|---|
Expected Share in 2024 | 26.50% |
Stretch film demand is expected to rise because of the specific packaging needs of the food and beverage industries. Palletized loads of perishable items may be secured during storage and transit with the help of stretch film, which is an adaptable and affordable option.
Stretch film is an essential packaging option for the food and beverage sector owing to its capacity to guard against contamination, guarantee product freshness, and enable easy handling. Stretch films will be in high demand as the industry grows and places more emphasis on safe and sanitary packaging.
Manufacturers dealing with stretch films have made significant strides in two Western European regions, the United Kingdom and Germany.
Regions Profiled | CAGR from 2024 to 2034 |
---|---|
The United Kingdom | 3.20% |
Germany | 3.30% |
During the forecast period, Germany industry is likely to garner a 3.30% CAGR. Stretch films are essential for safe and effective packaging in the thriving automotive and electronics industries. Eco friendly stretch films were adopted as a result of the environmental concern and the growing emphasis of Germany on sustainable packaging solutions.
The surge of e commerce drives up demand as businesses look for dependable packaging to transport their products in. The adaptability of these films in protecting goods, together with changing supply chain dynamics, place them in the center of Germany's production and logistics environment, driving a steady and rising need for these packaging materials.
During the forecast period, the United Kingdom industry is likely to develop with a 3.20% CAGR. Product transportation requires effective and safe packaging due to the growth of the retail and e commerce industries. The environmentally sensitive customer base in the United Kingdom is in line with the emphasis on sustainability, which is why eco friendly stretch films are becoming more and more popular.
The dependence of the manufacturing industry on these films for safe and dependable packaging adds to demand. Stretch films are important since supply networks are dynamic and efficient logistics are required. These elements highlight how crucial stretch films are to the packaging industry in the United Kingdom to generate and maintain demand.
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Companies in the stretch film sector in Western Europe are putting plans into place to increase profitability. Their focus lies in the integration of technology improvements for increased efficiency and cost effectiveness in film production. As environmental concerns rise, sustainable practices, like the production of environmentally friendly films as well as recycling programs, align with them and draw in eco conscious consumers.
Strategic alliances and mergers also provide economies of scale along with competitive advantages by aiding in market consolidation. Client satisfaction is increased by customer centric strategies, such as customized offerings and proactive supply chain management, which encourage repeat business. These diverse approaches put businesses in a strong position to overcome obstacles and increase revenue in the ever changing stretch film industry.
Recent Developments Observed in Western Europe Stretch Film Ecosystem
Company | Key Strategies |
---|---|
Coveris Holdings S.A |
|
Attribute | Details |
---|---|
Estimated Industry Size in 2024 | US$ 436 million |
Projected Industry Size in 2034 | US$ 584.4 million |
CAGR from 2024 to 2034 | 3% |
Historical Analysis of Stretch Film Sales in Western Europe | 2019 to 2023 |
Forecast Period | 2024 to 2034 |
Report Coverage | Industry size, industry trends, analysis of key factors influencing stretch film in Western Europe, insights on global players and their industry strategy in Western Europe, ecosystem analysis of local and regional Western Europe providers |
Key Countries within Western Europe Analyzed while Studying Opportunities for stretch film in Western Europe | The United Kingdom, Germany, Italy, France, Spain, Rest of Western Europe |
Key Companies Profiled | Swiss Pack; ePac Flexible Packaging; Omag Pack; FFP Packaging Solutions; Pouches.co.uk; WeighPack Systems; Tyler Packaging; Bemis Company; Bossar Packaging; General Packer |
The sales of stretch film in Western Europe are poised to reach US$ 436 million by 2024.
In 2034, the total value of the stretch film industry in Western Europe is predicted to reach US$ 584.4 million.
From 2024 to 2034, the Western Europe stretch film industry is likely to garner a 3% CAGR.
The cast segment is likely to take up 68.30% shares in 2024.
1. Executive Summary 1.1. Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Industry Analysis and Outlook 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Material 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Material, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Material, 2024 to 2034 5.3.1. Polyethylene (PE) 5.3.1.1. High – Density Polyethylene (HDPE) 5.3.1.2. Low – Density Polyethylene (LDPE) 5.3.2. Polyvinyl Chloride (PVC) 5.3.3. Polypropylene (PP) 5.3.4. Others 5.4. Y-o-Y Growth Trend Analysis By Material, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Material, 2024 to 2034 6. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Manufacturing Process 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Manufacturing Process, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Manufacturing Process, 2024 to 2034 6.3.1. Cast Stretch Film 6.3.2. Blown Stretch Film 6.4. Y-o-Y Growth Trend Analysis By Manufacturing Process, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Manufacturing Process, 2024 to 2034 7. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By End-use 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End-use, 2019 to 2023 7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End-use, 2024 to 2034 7.3.1. Constructions 7.3.2. Food and Beverages 7.3.3. Pharmaceutical 7.3.4. Consumer Product 7.3.5. Paper 7.3.6. Textile 7.3.7. Chemicals &Fertilizers 7.4. Y-o-Y Growth Trend Analysis By End-use, 2019 to 2023 7.5. Absolute $ Opportunity Analysis By End-use, 2024 to 2034 8. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Country 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Country, 2019 to 2023 8.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Country, 2024 to 2034 8.3.1. UK 8.3.2. Germany 8.3.3. Italy 8.3.4. France 8.3.5. Spain 8.3.6. Rest of Western Europe 8.4. Market Attractiveness Analysis By Country 9. UK Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region 9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Region 9.2.1.1. England 9.2.1.2. Scotland 9.2.1.3. Wales 9.2.1.4. Northern Ireland 9.2.2. By Material 9.2.3. By Manufacturing Process 9.2.4. By End-use 9.3. Market Attractiveness Analysis 9.3.1. By Region 9.3.2. By Material 9.3.3. By Manufacturing Process 9.3.4. By End-use 9.4. Key Takeaways 10. Germany Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region 10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Region 10.2.1.1. North-east (Germany) 10.2.1.2. North-west (Germany) 10.2.1.3. Central (Germany) 10.2.1.4. South (Germany) 10.2.1.5. Other(Germany) 10.2.2. By Material 10.2.3. By Manufacturing Process 10.2.4. By End-use 10.3. Market Attractiveness Analysis 10.3.1. By Region 10.3.2. By Material 10.3.3. By Manufacturing Process 10.3.4. By End-use 10.4. Key Takeaways 11. Italy Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region 11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Region 11.2.1.1. North (Italy) 11.2.1.2. Central (Italy) 11.2.1.3. South (Italy) 11.2.1.4. Islands (Italy) 11.2.2. By Material 11.2.3. By Manufacturing Process 11.2.4. By End-use 11.3. Market Attractiveness Analysis 11.3.1. By Region 11.3.2. By Material 11.3.3. By Manufacturing Process 11.3.4. By End-use 11.4. Key Takeaways 12. France Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region 12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Region 12.2.1.1. Northern (France) 12.2.1.2. Central (France) 12.2.1.3. Southern (France) 12.2.1.4. Eastern (France) 12.2.2. By Material 12.2.3. By Manufacturing Process 12.2.4. By End-use 12.3. Market Attractiveness Analysis 12.3.1. By Region 12.3.2. By Material 12.3.3. By Manufacturing Process 12.3.4. By End-use 12.4. Key Takeaways 13. Spain Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region 13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Region 13.2.1.1. Basque Country 13.2.1.2. Andalusia 13.2.1.3. Extremadura 13.2.1.4. Catalonia 13.2.1.5. Valencia 13.2.1.6. Rest of Spain 13.2.2. By Material 13.2.3. By Manufacturing Process 13.2.4. By End-use 13.3. Market Attractiveness Analysis 13.3.1. By Region 13.3.2. By Material 13.3.3. By Manufacturing Process 13.3.4. By End-use 13.4. Key Takeaways 14. Rest of Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034 14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Material 14.2.2. By Manufacturing Process 14.2.3. By End-use 14.3. Market Attractiveness Analysis 14.3.1. By Material 14.3.2. By Manufacturing Process 14.3.3. By End-use 14.4. Key Takeaways 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Material 15.3.3. By Manufacturing Process 15.3.4. By End-use 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Italdibipack Group 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.1.5.2. Product Strategy 16.1.1.5.3. Channel Strategy 16.1.2. Coveris, Inc. 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.2.5.2. Product Strategy 16.1.2.5.3. Channel Strategy 16.1.3. Smurfit Kappa Group 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.3.5.2. Product Strategy 16.1.3.5.3. Channel Strategy 16.1.4. Vishakha Polyfab 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.4.5.2. Product Strategy 16.1.4.5.3. Channel Strategy 16.1.5. Four Star Plastics 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.5.5.2. Product Strategy 16.1.5.5.3. Channel Strategy 16.1.6. Griff Paper and Film 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.6.5.2. Product Strategy 16.1.6.5.3. Channel Strategy 16.1.7. CS Hyde Company 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.7.5.2. Product Strategy 16.1.7.5.3. Channel Strategy 16.1.8. International Plastics Inc. 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.8.5.2. Product Strategy 16.1.8.5.3. Channel Strategy 16.1.9. Bagla Group of Companies 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.9.5.2. Product Strategy 16.1.9.5.3. Channel Strategy 16.1.10. International Plastics, Inc. 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 16.1.10.5.2. Product Strategy 16.1.10.5.3. Channel Strategy 16.1.11. Polymer Group, Inc. 16.1.11.1. Overview 16.1.11.2. Product Portfolio 16.1.11.3. Profitability by Market Segments 16.1.11.4. Sales Footprint 16.1.11.5. Strategy Overview 16.1.11.5.1. Marketing Strategy 16.1.11.5.2. Product Strategy 16.1.11.5.3. Channel Strategy 16.1.12. Berry Global Group, Inc. 16.1.12.1. Overview 16.1.12.2. Product Portfolio 16.1.12.3. Profitability by Market Segments 16.1.12.4. Sales Footprint 16.1.12.5. Strategy Overview 16.1.12.5.1. Marketing Strategy 16.1.12.5.2. Product Strategy 16.1.12.5.3. Channel Strategy 16.1.13. AEP Industries, Inc. 16.1.13.1. Overview 16.1.13.2. Product Portfolio 16.1.13.3. Profitability by Market Segments 16.1.13.4. Sales Footprint 16.1.13.5. Strategy Overview 16.1.13.5.1. Marketing Strategy 16.1.13.5.2. Product Strategy 16.1.13.5.3. Channel Strategy 16.1.14. Sigma Stretch Film Corp. 16.1.14.1. Overview 16.1.14.2. Product Portfolio 16.1.14.3. Profitability by Market Segments 16.1.14.4. Sales Footprint 16.1.14.5. Strategy Overview 16.1.14.5.1. Marketing Strategy 16.1.14.5.2. Product Strategy 16.1.14.5.3. Channel Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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