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Stretch Hood Films Market Will Exhibit a Steady 7.3% CAGR Through 2019 to 2029 - Future Market Insights

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Future Market Insights

06 May, 2019, 13:30 GMT

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VALLEY COTTAGE, New York, May 6, 2019 /PRNewswire/ -- Prominently driven by sustained applicability in construction industry, stretch hood films consumption is accounted for the revenues of around US$ 680 Mn in 2018. At an estimated 5% yearly growth in the 2019 revenues, the global market for stretch hood films will see a promising growth outlook over the next few years. FMI's analysis indicates that sales of stretch hood films will further surge with emergence of application opportunities in chemicals and fertilizers, and food and beverages industries.

With more than 65% share in the stretch hood films market value, PE (polyethylene) will remain a preferred material among stretch hood films manufacturers. The report attributes primacy of PE over other material types to the excellent endurance and cost efficiency of PE. According to the report, the demand for LLDPE (linear low-density polyethylene) will particularly remain high owing to superior mechanical attributes. Moreover, research has proven that the use of metallocene LLDPE is found to possess higher endurance and better dart impact resistance, making at an ideal raw material for multi-layered stretch hood films.

Download the Sample copy of Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-5157

Stretch Hood Films Ideal for Versatile Packaging Applications

In the report, FMI suggests that the increasing popularity of stretch hood films is due to their unique properties and advantages over other conventional palletizing methods, which make them suitable for versatile packaging applications, thereby pushing the revenues of global stretch hood films market.

Stretch hood films are advanced palletizing films used automatically with stretch hood machines. Here, stretchable, gusseted polyethylene hood is applied to a pallet or products which are to be palletized. Stretch hooding method of pallet packaging is a fully automatic process and provides multiple advantages such as high speed, operating costs, reliability, and boosted performance over other pallet packaging methods.

Preview Analysis of Stretch Hood Films Market is segmented by (Material - polyethylene, ethylene vinyl acetate, plastomers, elastomers, & others; Thickness - Up to 50 microns, 50-100 microns, 100-150 microns, 150 microns & above; End Use - construction, food & beverage, pharmaceuticals, consumer products, paper, textile, and chemical & fertilizers;) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029: https://www.futuremarketinsights.com/reports/stretch-hood-films-market

Innovative Product Offerings to Push Investments by Manufacturers

Some of the key players profiled in FMI's stretch hood films market report include Coveris Holdings S.A., Muraplast d.o.o., Gebr Duerrbeck Kunststoffe Gmbh, Aalmir Plastic Industries, NPF Polyfilms Pvt Ltd, UAB Umaras, Sigma Plastics Group, Integrated Packaging Group Pty Ltd, Novolex Holdings, Inc., Shields Bag and Printing Co., RKW Group, Manuli Stretch S.p.A, Trioplast Industrier AB, AEP Industries Inc., Muller Load Containment Solution, Thrace Synthetic Packaging Limited, and Rosenflex (UK) Limited among others.

Stretch hood is the latest palletizing technology that offers the most comprehensive benefits when compared to other pallet unitization methods. In recent years, stretch hood film manufacturers have not only improved packaging quality and technique but also the quality of raw materials used to ensure better performance. Stretch hood film manufacturers are nowadays working on the production of stretch hood films with reduced thickness and more elasticity.

Buy this report @ https://www.futuremarketinsights.com/checkout/5157

It is highly likely that the increasing opportunities created by innovative product offerings will evoke established players to invest in product development activities in order to produce high-performance stretch hood films. Effective load stability and high elasticity properties of stretch hood films have created an opportunity to cater to end-use industries such as construction, food & beverages, textile, and shipping.

The Asia Pacific excluding Japan (APEJ) region has been a significant market for stretch hood films manufacturers, which has been attributed to the robust growth of the region's manufacturing industry. Rapid progress of manufacturing, construction, automotive, and other end-use industries within the region will further boost demand for stretch hood films, according to the report. Led by the US, North American market for stretch hood films will account for more than 1/4th of the overall stretch hood films consumption, as projected by the report.

Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/customization-available/rep-gb-5157

For more exclusive insights on the global market for stretch hood films and the key factors potentially influencing market growth through the next decade, write in to the analyst at press@futuremarketinsights.com

More from Packaging Market Intelligence:

  • Cosmetic Pencil & Pen Packaging Market  Segmentation by Material Type - Plastic, Wood and Metal; Product Type - Sharpenable Wooden Pencil, Sharpenable Molded Pencil and Mechanical Pencil; Applicator Type - Sponge, Brushes and Lead; Formulation Type - Parabens, Sulfates and Phthalates; Application Type - Eye, Lip, Clean Up Pencil, Concealer Pencil, Cheek Balm, Sculpting Pencil and Skin Glossing Pencil: https://www.futuremarketinsights.com/reports/cosmetic-pencil-and-pen-packaging-market
  • Sterilized Packaging Market Segmented By product type - thermoform trays, bottles, containers, vials, ampoules, wraps, blister, clamshell, bags, pouches, pre-filled syringes and pre-filled inhalers; By material type - glass, paper and plastic (polyethylene terephthalate (PET), polyvinyl chloride (PVC), polypropylene (PP), High Impact Polystyrene (HIPS) and high density polypropylene); By sterilization method - chemical sterilization method, radiation sterilization method and high temperature/pressure sterilization method; By application type - food products and pharmaceuticals : https://www.futuremarketinsights.com/reports/sterilized-packaging-market
  • Metal Food Cans Market Segmented By product type - 3-Piece cans and 2-Piece cans (DRD Cans (Draw & redraw cans), DWI Cans (Draw & wall ironing cans), and TULC Cans (Stretch draw ironing cans)); By packaging type - round cans, bowl cans and shaped cans; By material type - steel, aluminum and tin plate : https://www.futuremarketinsights.com/reports/metal-food-cans-market

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

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Contact Us
Mr. Abhishek Budholiya
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