Stretch Wrappers Market | Global Industry Size, Share, Growth and Forecast to 2030 | Reports and Insights
The beneficial properties of stretch wrappers or films and other major driving factors is expected to favor the rise in the global stretch wrappers market
Reports and Insights has published a new report titled, “Stretch Wrappers Market: Opportunity Analysis and Future Assessment 2022-2030”
Global Stretch Wrappers Market, By Machine (Turntable Wrapping, Straddle Wrapper, Ringer or Orbital Wrapper, Ring Straddle Wrapper), By Technology (Automatic & Semi-Automatic), By Phase (1 PHASE & 3 PHASE), By End Use Industries (Food & Beverage, Pharmaceutical, Consumer Goods, Construction, Chemical, Automotive, & Industrial) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
Packaging has now been witnessed as nothing short than a necessity, a covering to protect the commodity within and to convey it from point A to B. At its most elementary level, product packaging fulfills the function to safeguard the product within. Packaging ensures that the products remain safe during shipment amid the manufacturing facility and the retailer and avoid damages whilst the product stays on the shelf.
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There are various kinds of packaging available for various kinds of commodities. Similarly, stretch wrap is also a kind of packaging which can be understood as a flimsy, extensible plastic film (usually developed from polyethylene) that serves to fasten and protect sheathed commodities onto a pallet. As the stretch wrapper or film is covered around the pallet, tension is enforced, allowing the wrapper to expand its length by up to 300%. This tension further generates a constructive force round the load, enabling it to be kept in place. In addition, these machines are available in automatic as well as semi-automatic patterns.
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Notably, the automated stretch wrappers are usually of types such as rotary arm, turntable, ring and robotic. The soaring demand among consumers for flexible and damage proof delivery of packaged products is primarily driving the growth of the global stretch wrapper market.
Moreover, the leading key players of the stretch wrapper market are majorly focusing on the integration of technologies that are fitted out with a wide range of new and innovative properties to correspond the standards, quality and elevate the output. Such factors are further expected to propel the growth of the global stretch wrapper market in the coming years.
Reports and Insights Study identifies some of the key participating players in the stretch wrappers market globally are Orion Packaging Systems LLC, AVI International, Lantech, Robopac USA, AAREM Engineering, Wulftec International Inc., Alligator Automations, PENGUIN ENGINEERS, Aetna Group Spa, Cousins Packaging Inc., Phoenix Wrappers, Inc., Reo-Pack A/S, Millwood, Inc., Signode Industrial Group LLC, among others.
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