U.S. Stretch And Shrink Films Market Size & Outlook
U.S. stretch and shrink films market, 2018-2030 (US$M)
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U.S. stretch and shrink films market highlights
- The U.S. stretch and shrink films market generated a revenue of USD 2,947.1 million in 2023 and is expected to reach USD 4,042.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, ldpe was the largest revenue generating resin in 2023.
- LLDPE is the most lucrative resin segment registering the fastest growth during the forecast period.
Stretch and shrink films market data book summary
| Market revenue in 2023 | USD 2,947.1 million |
| Market revenue in 2030 | USD 4,042.0 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Ldpe |
| Fastest growing segment | LLDPE |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LDPE, LLDPE, PVC |
| Key market players worldwide | Berry Global Group Inc, Amcor PLC, Bank of America Corp, Bollore SE, American Eagle Outfitters Inc, Coveris, AG Barr PLC |
Other key industry trends
- In terms of revenue, U.S. accounted for 16.5% of the global stretch and shrink films market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. stretch and shrink films market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 4,042.0 million by 2030.
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Stretch And Shrink Films Market Scope
Stretch And Shrink Films Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 33.08% in 2023. Horizon Databook has segmented the U.S. stretch and shrink films market based on ldpe, lldpe, pvc covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for the product for palletizing is expected to grow on account of superior performance The presence of well-established pharmaceutical, consumer goods, and food & beverage industries in the economy is expected to drive the market growth over the forecast period.
However, slow growth of the aforementioned industries in the economy is expected to result in a limited market growth. The growth of the stretch films market in the economy is expected to be driven by growing substitution of the other means of packaging by stretch films.
The presence of a number of international and local manufacturers in the economy coupled with growing penetration level of the stretch film based secondary packaging is expected to drive the market growth. Some of the stretch and shrink film manufacturers operational in the country include Global-Pak, Inc., Bravo Pack Inc, Sealed Air Corporation, Inteplast Group.
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Our clientele includes a mix of stretch and shrink films market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. stretch and shrink films market , including forecasts for subscribers. This country databook contains high-level insights into U.S. stretch and shrink films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. stretch and shrink films market outlook size, by resin, 2018-2030 (US$M)
U.S. Stretch And Shrink Films Market Outlook Share, 2023 & 2030 (US$M)
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