Machine Stretch Wrap Films Market Prophesied to Grow at a Faster Pace by 2026
Stretch films are highly stretchable packaging films that are mainly used to unitize products on a pallet. Machine stretch wrap films are applied with a machine, due to which they are considered more efficient and faster as compared to hand stretch wrap films. Machine stretch wrap films are available in a variety of materials such as Poly Vinyl Chloride (PVC), Polyethylene (PE), and Polypropylene (PP). Linear Low Density Polyethylene (LLDPE) is the most preferred material for the manufacturing of machine stretch wrap films, followed by PP.
Machine stretch wrap films offer superior load containment at a relatively lower cost. Cast machine stretch wrap films are used where greater clarity and tear resistance is desired, while blown machine stretch wrap films are employed where puncture resistance needs to be high.
Machine Stretch Wrap Films Market: Dynamics
The healthy expansion of the packaging industry, along with need for bundling and protection during warehousing and distribution, has intensified the demand for machine stretch wrap films globally. Machine stretch wrap films also find applications in various end-use industries such as consumer goods, the electrical & electronics industry, the wrapping of mulch in the agricultural industry, etc.
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The sizeable growth opportunities exhibited by these industries are expected to contribute to the growth of the machine stretch wrap films market. Moreover, the presence of a large number of regional as well as international manufacturers in the market, coupled with the increasing penetration of the stretch film-based packaging, is expected to fuel the demand for machine stretch wrap films during the forecast period.
The usage of machine stretch wrap films aids in reducing labor costs as the handling of bundled packaging is relatively easier. Moreover, protection against pilferage can be assured by the usage of these films. These characteristics make machine stretch wrap films a preferred alternative for pallet unitization applications, which is expected to boost the demand for machine stretch wrap films.