Stretch Hood Film Market – Overview
Stretch hood film offers a reliable and cost effective packaging solutions for various products thereby minimizing product damage during transportation and logistics. It is applied on the pallet in the similar fashion as that of the stretch film except that it makes use of heat to pack the pallets tightly with the film. This approach has helped in minimizing the wastage of film and thus has reduced overall packaging cost. Due to this advantageous feature, the stretch hood film market is expected to grow in terms of demand throughout the forecast period. Stretch hood films are primarily made by LDPE and LLDPE. The use of these polymers makes the product cheaper as well as enhances its applicability over various pallet profiles. Industries like food, beverage, cosmetics, etc. are increasingly making use of stretch hood films for packaging of their products during transportation.
Get sample copy of at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=24650
Stretch Hood Film Market – Dynamics
Stretch hood films are expected to witness high demand from various industrial verticals including food, beverage, pharmaceuticals and cosmetics. Due to its cost effectiveness and ease of application, stretch hood films is being preferred over other wrapping solutions like stretch wrap and shrink wrap. Over last few decades, global pharmaceutical and food and beverage industry have shown a continuous growth which is expected to have a positive impact on the demand for global stretch hood films throughout the forecast period. The cosmetics industry have also emerged as a growing industry in world’s emerging economies and the trend is anticipated to continue throughout the forecast period thereby creating more opportunities for stretch hood film which is extensively used for packaging the product during transportation and logistics by this sector. Thus, the applicability of the stretch films in various industries and its cost effectiveness are anticipated to drive the overall market of stretch hood films between 2017 and 2027. However, the conventional packaging solutions like containers, film wraps, shrink wraps, etc. are expected to challenge the overall demand and may act as restraint for the stretch hood film market over the forecast period.
Stretch Hood Film Market – Segmentation
The stretch hood film market is segmented as follows:
On the basis of material type, stretch hood film market is segmented into:
- PE
- HDPE
- LDPE
- LLDPE
- Others
On the basis of end use, stretch hood film market is segmented into:
- Pharmaceuticals
- Cosmetics
- Food
- Homecare
- Others (tiles, bricks, etc.)
Stretch Hood Film Market – Region wise outlook
The global stretch hood film market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
For the past few decades, Asia Pacific has experienced a burgeoning growth in pharmaceutical industry. The demand of the allied product such as stretch hood film is thus expected to witness a hike in terms of demand from this sector over the forecast period. India and China, the two emerging economies have shown a continuous growth in pharmaceutical and cosmetic industry. This growth is also anticipated to reflect into increasing demand for the stretch hood film from these regions. North America has a well-established market and is therefore expected to follow Asia Pacific in terms of demand for the stretch hood film throughout the forecast period. Latin America is anticipated to show relatively slower growth in the stretch hood film market owing to its stagnant economy. Europe and Middle East and Africa are expected to reflect a sluggish growth in stretch hood film market between 2017 and 2027 due to the prevailing stagnant economy in the region.
Stretch Hood Film Market – Key Players
The key players in the stretch hood film market include Packaging Machinery Co.Ltd., The Dow Chemical Company, MSK Verpackungs-Systeme GmbH, Rosenflex (UK) Limited, ERA-PACK s.r.o., bpi.europe, Specialty Polyfilms Pvt. Ltd., Napco Modern Plastic Products Company, MURAPLAST d.o.o.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
Buy this Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=24650<ype=S
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
Contact:
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
Email: [email protected]
Website: https://www.transparencymarketresearch.com
