Pre-Stretch Film Market - Global Industry Analysis, Growth, Trends, Forecast 2024

The pre-stretch film is one of the largest growing segments in the stretch film industry. Many industries have started using pre-stretch film over the conventional film for its cost saving. Pre-stretch is the process that allows the stretch film to be stretched before being applied to a load or object. The pre-stretch film possesses the qualities such as film memory, stretch consistency, excellent puncture properties, less waste disposal. The pre-stretch film is fabricated using superior grade polymer material and is non-toxic, stretchable and resistant to oil, water & grease.

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The global pre-stretch film market is projected to grow rapidly as a result of increasing demand for pre-stretch film over the forecast period. High load stability, high tear, puncture resistance and high clarity over the conventional film key factors fuelling the growth of the market. Affordability is a key factor fuelling the adoption of pre-stretch films as the capital investment is reduced by 25% to 30% by using these films. The full stretch potential property of these films saves energy and also reduces risk of injury. Increasing demand for opaque pre-stretch film to conceal load and prevent theft and UV intrusion is another driving factor for the global pre-stretch film market. However, the rising petroleum cost affects the price rise of raw material such as polymer which can be the restraint for the global pre-stretch film market.

The custom printed film such as logos and graphics on the film as per the customized order has become a pervasive trend in the pre-stretch film market and this is expected to contribute to the growth of the market during the forecast period.

The global pre-stretch film market is segmented on the basis of type, size, application, end user and geographical region.

Based on the type, the global pre-stretch film market is segmented into:

Hand film...