Global Stretch And Shrink Films Market Size & Outlook

The stretch and shrink films industry worldwide is expected to reach a projected revenue of US$ 25,778.8 million by 2030. A compound annual growth rate of 5.4% is expected of the worldwide stretch and shrink films industry from 2024 to 2030.
Revenue, 2023 (US$M)
$17,898.3
Forecast, 2030 (US$M)
$25,778.8
CAGR, 2024 - 2030
5.4%
Report Coverage
Worldwide

Global stretch and shrink films market highlights

  • The global stretch and shrink films market generated a revenue of USD 17,898.3 million in 2023 and is expected to reach USD 25,778.8 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.4% by 2030.
  • In terms of segment, ldpe accounted for a revenue of USD 5,333.7 million in 2023.
  • LDPE is the most lucrative resin segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 17,898.3 million
Market revenue in 2030USD 25,778.8 million
Growth rate5.4% (CAGR from 2023 to 2030)
Largest segmentLdpe
Fastest growing segmentLDPE
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLDPE, LLDPE, PVC

Other key industry trends

  • In terms of revenue, the North America accounted for 21.7% of the global stretch and shrink films market in 2023.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 443.4 million by 2030.

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Stretch And Shrink Films Market Companies

Name Profile # Employees HQ Website

Global stretch and shrink films market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to stretch and shrink films market will help companies and investors design strategic landscapes.


Ldpe was the largest segment with a revenue share of 29.8% in 2023. Horizon Databook has segmented the Global stretch and shrink films market based on ldpe, lldpe, pvc covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Stretch And Shrink Films Resin Outlook (Revenue, USD Million, 2018-2030)
    • LDPE
    • LLDPE
    • PVC
    • Others
  • Global Stretch And Shrink Films Product Outlook (Revenue, USD Million, 2018-2030)
    • Hoods
    • Wraps
    • Sleeve Labels
  • Global Stretch And Shrink Films Application Outlook (Revenue, USD Million, 2018-2030)
    • Food & Beverages
    • Industrial Packaging
    • Pharmaceutical
    • Consumer Goods

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Horizon Databook provides a detailed overview of global-level data and insights on the Global stretch and shrink films market , including forecasts for subscribers. This global databook contains high-level insights into Global stretch and shrink films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global stretch and shrink films market outlook size, by region, 2018-2030 (US$M)

Top 10 countries: Stretch and shrink films market size, 2023 (US$M)

Global stretch and shrink films market share, by resin, 2023 & 2030 (%, US$M)

Stretch and shrink films market: Opportunity assessment by country

Global stretch and shrink films market, by region, 2023 (US$M)

Global stretch and shrink films market outlook size, by region, 2018-2030 (US$M)

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