Stretch Hood Film Market
Stretch Hood Film Market
Stretch Hood Film Market
Stretch hood films are expected to witness high demand from various industrial verticals
including food, beverage, pharmaceuticals and cosmetics. Due to its cost effectiveness
and ease of application, stretch hood films is being preferred over other wrapping
solutions like stretch wrap and shrink wrap. Over last few decades, global pharmaceutical
and food and beverage industry have shown a continuous growth which is expected to
have a positive impact on the demand for global stretch hood films throughout the forecast
period. The cosmetics industry have also emerged as a growing industry in world’s
emerging economies and the trend is anticipated to continue throughout the forecast
period thereby creating more opportunities for stretch hood film which is extensively used
for packaging the product during transportation and logistics by this sector. Thus, the
applicability of the stretch films in various industries and its cost effectiveness are
anticipated to drive the overall market of stretch hood films between 2017 and 2027.
However, the conventional packaging solutions like containers, film wraps, shrink wraps,
etc. are expected to challenge the overall demand and may act as restraint for the stretch
hood film market over the forecast period.
• PE
• HDPE
• LDPE
• LLDPE
• Others
On the basis of end use, stretch hood film market is segmented into:
• Pharmaceuticals
• Cosmetics
• Food
• Homecare
• Others (tiles, bricks, etc.)
The global stretch hood film market is segmented into North America, Latin America,
Europe, Asia Pacific, and the Middle East & Africa.
For the past few decades, Asia Pacific has experienced a burgeoning growth in
pharmaceutical industry. The demand of the allied product such as stretch hood film is
thus expected to witness a hike in terms of demand from this sector over the forecast
period. India and China, the two emerging economies have shown a continuous growth
in pharmaceutical and cosmetic industry. This growth is also anticipated to reflect into
increasing demand for the stretch hood film from these regions. North America has a well-
established market and is therefore expected to follow Asia Pacific in terms of demand
for the stretch hood film throughout the forecast period. Latin America is anticipated to
show relatively slower growth in the stretch hood film market owing to its stagnant
economy. Europe and Middle East and Africa are expected to reflect a sluggish growth in
stretch hood film market between 2017 and 2027 due to the prevailing stagnant economy
in the region.
The key players in the stretch hood film market include Packaging Machinery Co.Ltd.,
The Dow Chemical Company, MSK Verpackungs-Systeme GmbH, Rosenflex (UK)
Limited, ERA-PACK s.r.o., bpi.europe, Specialty Polyfilms Pvt. Ltd., Napco Modern
Plastic Products Company, MURAPLAST d.o.o.
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