Stretch Hood Films Market Forecasts to 2028 | Drivers and Opportunities | Key player Analysis Novolex Holdings, and Coveris Holdings S.A, Integrated Packaging Group

According to Stratistics MRC, the Global Stretch Hood Films Market is accounted for $784.09 million in 2020 and is expected to reach $1,608.81 million by 2028 growing at a CAGR of 9.4% during the forecast period. Cost effectiveness and ease of application, rising demand of these films from different industries are driving the market growth. However, conventional packaging solutions and the dearth of plastic recycling technology are hampering the growth of the market.

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By geography, Asia Pacific is going to have high growth during the forecast period. This growth can be attributed to the rising pharmaceutical and food and beverage sectors, especially in China and India. Increasing disposable income and busy lifestyles of consumers in the region are fueling the growing demand for packaged food, which is estimated to propel the use of flexible packaging. This, in turn will further boost the region’s stretch hood films market growth in the future.

Some of the key players profiled in the Stretch Hood Films Market include Novolex Holdings, and Coveris Holdings S.A, Integrated Packaging Group , Rosenflex, Aalmir Plastic Industries, Shields Bag and Printing Co., Trioplast Industrier AB,  Manuli Stretch S.p.A.,  Sigma Plastics Group and The DOW Chemical Company.

Thickness Covered:
• Up to 50 Microns
• 50-100 Microns
• 100-150 Microns
• 150 Microns and Above

Material Covered:
• Ethylene Vinyl Acetate
• Polyethylene (PE)
• Elastomers
• Plastomers   

End Users Covered:
• Homecare
• Cosmetics
• Pharmaceuticals
• Food & Beverage
• Chemical & Fertilizers
• Paper
• Construction
• Textile
• Consumer Product
• Other End Users  

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

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