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US Stretch and Shrink Film Market

ID: MRFR/PCM/18939-HCR
111 Pages
Snehal Singh
October 2025

US Stretch and Shrink Film Market Research Report: By Resin (LLDPE, LDPE, PVC, Others), By Product (Hoods, Sleeves and Labels, Wraps, Others) and By Application (Food & Beverage, Industrial Packaging, Consumer Goods, Pharmaceutical, Others) - Forecast to 2035

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US Stretch and Shrink Film Market Summary

As per Market Research Future analysis, the US stretch and shrink film market size was estimated at 3600.0 USD Million in 2024. The US stretch and shrink film market is projected to grow from 3798.72 USD Million in 2025 to 6500.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.5% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The US stretch and shrink-film market is experiencing robust growth driven by sustainability and technological advancements.

  • Sustainability initiatives are increasingly influencing the production and usage of stretch and shrink films in various sectors.
  • Technological advancements are enhancing the performance and efficiency of film production processes, leading to better product offerings.
  • The e-commerce sector is rapidly expanding, driving demand for effective packaging solutions that stretch and shrink films provide.
  • Rising demand in food packaging and growth in industrial applications are key drivers propelling the market forward.

Market Size & Forecast

2024 Market Size 3600.0 (USD Million)
2035 Market Size 6500.0 (USD Million)
CAGR (2025 - 2035) 5.52%

Major Players

Amcor (AU), Sealed Air (US), Berry Global (US), Mondi Group (GB), AEP Industries (US), Intertape Polymer Group (CA), Novolex (US), Coveris (AT), Sigma Plastics Group (US)

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US Stretch and Shrink Film Market Trends

The stretch and-shrink-film market is currently experiencing notable transformations driven by various factors. The increasing demand for efficient packaging solutions across multiple sectors, including food and beverage, pharmaceuticals, and consumer goods, appears to be a primary catalyst. This demand is likely influenced by the growing emphasis on sustainability and the need for protective packaging that minimizes waste. Furthermore, advancements in technology are facilitating the development of innovative materials that enhance the performance of stretch and shrink films, potentially leading to improved product shelf life and reduced environmental impact. In addition, the regulatory landscape surrounding packaging materials is evolving, with stricter guidelines aimed at reducing plastic waste. This shift may encourage manufacturers to explore biodegradable and recyclable options, thereby reshaping the competitive dynamics within the stretch and-shrink-film market. As companies adapt to these changes, there is a potential for increased collaboration between manufacturers and suppliers to develop sustainable solutions that meet consumer expectations. Overall, the market appears poised for growth, driven by a combination of technological advancements and changing consumer preferences.

Sustainability Initiatives

There is a growing trend towards sustainability within the stretch and-shrink-film market. Manufacturers are increasingly focusing on developing eco-friendly materials that reduce environmental impact. This shift is driven by consumer demand for sustainable packaging solutions and regulatory pressures aimed at minimizing plastic waste.

Technological Advancements

Innovations in material science are significantly impacting the stretch and-shrink-film market. New technologies are enabling the production of films with enhanced properties, such as improved clarity, strength, and barrier performance. These advancements are likely to enhance product protection and extend shelf life.

E-commerce Growth

The rise of e-commerce is reshaping packaging requirements in the stretch and-shrink-film market. As online shopping continues to expand, there is an increasing need for efficient and secure packaging solutions that can withstand the rigors of shipping and handling, thereby driving demand for stretch and shrink films.

US Stretch and Shrink Film Market Drivers

Rising Demand in Food Packaging

The stretch and shrink film market experiences a notable surge in demand driven by the food packaging sector. As consumer preferences shift towards convenience and freshness, manufacturers increasingly utilize stretch and shrink films to enhance product shelf life. In 2025, the food packaging segment accounts for approximately 40% of the total market share, indicating a robust growth trajectory. The films provide an effective barrier against moisture and contaminants, ensuring that food products remain safe and appealing. Additionally, the rise in online grocery shopping further propels the need for efficient packaging solutions, as retailers seek to minimize spoilage during transit. This trend underscores the critical role of stretch and-shrink-film market in meeting the evolving needs of the food industry.

Growth in Industrial Applications

The industrial sector significantly influences the stretch and-shrink-film market, as these films are essential for packaging and securing products during transportation. Industries such as automotive, electronics, and consumer goods increasingly rely on stretch and shrink films to protect their products from damage and contamination. In 2025, industrial applications represent around 30% of the market, reflecting a steady increase in demand. The ability of these films to conform to various shapes and sizes makes them particularly valuable in ensuring product integrity. Furthermore, as manufacturers seek to optimize supply chain efficiency, the adoption of stretch and shrink films is likely to expand, highlighting their importance in the overall packaging landscape.

Expansion of Retail and E-commerce Sectors

The expansion of retail and e-commerce sectors plays a pivotal role in driving the stretch and-shrink-film market. As online shopping continues to gain traction, retailers are increasingly adopting efficient packaging solutions to ensure product safety during transit. In 2025, the e-commerce sector is projected to account for a significant portion of the market, as businesses seek to enhance customer satisfaction through reliable packaging. Stretch and shrink films provide an effective means of securing products, reducing the risk of damage during shipping. This trend indicates a growing reliance on innovative packaging solutions, further solidifying the stretch and-shrink-film market's position within the broader retail landscape.

Regulatory Compliance and Safety Standards

The stretch and-shrink-film market is also shaped by stringent regulatory compliance and safety standards imposed by government agencies. These regulations ensure that packaging materials meet specific safety and environmental criteria, which can drive innovation within the industry. In 2025, compliance with these standards is crucial, as non-compliance can lead to significant financial penalties and reputational damage for manufacturers. Consequently, companies are investing in research and development to create films that not only meet regulatory requirements but also enhance performance. This focus on compliance and safety is likely to foster growth in the stretch and-shrink-film market, as businesses prioritize sustainable and safe packaging solutions.

Technological Innovations in Film Production

Technological advancements in film production processes are transforming the stretch and-shrink-film market. Innovations such as improved extrusion techniques and the development of new polymer blends enhance the performance characteristics of these films. In 2025, the market witnesses a shift towards high-performance films that offer superior clarity, strength, and puncture resistance. These advancements enable manufacturers to produce films that cater to diverse applications, from food packaging to industrial uses. As technology continues to evolve, the stretch and-shrink-film market is likely to benefit from increased efficiency and reduced production costs, positioning it favorably for future growth.

Market Segment Insights

By Resin: LLDPE (Largest) vs. PVC (Fastest-Growing)

In the US stretch and shrink film market, LLDPE leads the segment with the largest market share, appreciated for its flexibility and strength. LDPE and PVC also hold significant positions, with LDPE being favored for its low-density properties while PVC is recognized for its durability which appeals to specific applications. The 'Others' category contains various materials that cater to niche markets, contributing modestly to overall distributions. Growth trends in the resin segment are robust, driven by increasing demand for sustainable packaging solutions and advancements in resin formulation technologies. LLDPE continues to dominate due to its versatility and cost-effectiveness, while PVC is gaining traction as manufacturers seek stronger, more reliable materials. The trend towards eco-friendly products is also propelling innovations and new players into the market, enhancing competition.

LLDPE (Dominant) vs. PVC (Emerging)

LLDPE is the dominant resin in the stretch and-shrink-film market, known for its exceptional tensile strength and elasticity, making it the preferred choice for various packaging applications. Its dominance can be attributed to its adaptability and performance in both food and industrial sectors. Conversely, PVC is emerging as a competitive alternative, favored for its rigidity and clarity which are essential in applications where visibility and protection are paramount. While LLDPE caters to a broad array of packaging needs, PVC's increasing footprint is fueled by innovations that enhance its utility and environmental adaptability, positioning it to capture more market share in the coming years.

By Product: Hoods (Largest) vs. Sleeves and Labels (Fastest-Growing)

The product segment of the US stretch and shrink film market showcases a diverse distribution, where hoods command a significant share, establishing them as a leader in the market. Sleeves and labels are gaining traction swiftly, reflecting innovative packaging solutions that cater to consumer preferences. The wraps segment, while established, faces increased competition, while other niches still find their footing in the evolving market landscape. Growth trends in this segment indicate a robust shift towards functional and versatile packaging. Hoods remain a staple for protecting large products, and their demand is sustained by logistics and e-commerce sectors. Meanwhile, sleeves and labels are rapidly emerging due to their ability to enhance branding and provide product visibility. This dual growth trajectory indicates a dynamic ecosystem driven by innovation and changing consumer needs.

Hoods (Dominant) vs. Sleeves and Labels (Emerging)

In the US stretch and-shrink-film market, hoods serve as the dominant force, primarily due to their extensive applications in various industries like food packaging and industrial goods. Their ability to provide secure and moisture-resistant protection contributes significantly to their popularity. On the other hand, sleeves and labels represent an emerging segment, characterized by their adaptability in branding and promotional strategies. With advancements in printing technology and customization options, these products are rapidly becoming essential for businesses seeking to enhance consumer engagement. As sustainability becomes more crucial, both hoods and sleeves are adapting to incorporate eco-friendly materials, further shaping their future in the packaging industry.

By Application: Food & Beverage (Largest) vs. Pharmaceutical (Fastest-Growing)

In the US stretch and shrink film market, the application segments exhibit diverse contributions, with Food & Beverage being the largest sector, capturing a significant market share. Industrial Packaging and Consumer Goods follow, demonstrating strong demand due to their critical role in product protection and shelf-life extension. The Pharmaceuticals segment, while smaller in share, is gaining traction due to heightened regulatory needs and the surge in healthcare products. Growth trends are largely driven by increasing consumer demand for packaged food and beverages, encouraging manufacturers to adopt stretch and-shrink films for enhanced preservation. Additionally, the pharmaceutical segment is anticipated to expand rapidly, propelled by innovations in drug delivery systems and the rising number of healthcare products requiring secure packaging solutions. The demand for sustainable and eco-friendly materials also influences growth across all sectors.

Food & Beverage: Dominant vs. Pharmaceutical: Emerging

The Food & Beverage application remains the dominant force in the US stretch and-shrink-film market, characterized by its high volume usage for product packaging that ensures freshness and extends shelf life. This segment benefits from continuous innovations in packaging materials that cater to changing consumer preferences and environmental concerns. Conversely, the Pharmaceutical segment is emerging, driven by a significant uptick in the demand for secure and compliant packaging solutions. As regulations tighten and the drug market expands, the need for reliable packaging that safeguards product integrity becomes paramount. Both segments are pivotal as they embrace advancements in technology, focusing on enhancing performance and sustainability, which positions them favorably in a competitive market landscape.

Get more detailed insights about US Stretch and Shrink Film Market

Key Players and Competitive Insights

The stretch and shrink-film market is characterized by a competitive landscape that is increasingly shaped by innovation, sustainability, and strategic partnerships. Key players such as Sealed Air (US), Berry Global (US), and Amcor (AU) are actively pursuing strategies that emphasize product differentiation and technological advancements. Sealed Air (US), for instance, focuses on developing sustainable packaging solutions, which aligns with the growing consumer demand for environmentally friendly products. Berry Global (US) has been enhancing its operational capabilities through digital transformation initiatives, thereby improving efficiency and responsiveness to market needs. Amcor (AU) is also investing in research and development to create high-performance films that cater to diverse applications, indicating a collective shift towards innovation as a primary competitive driver.In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and enhance supply chain resilience. This approach appears to be a response to the complexities of global logistics and the need for agility in operations. The market structure is moderately fragmented, with several players vying for market share, yet the influence of major companies remains substantial. Their combined efforts in optimizing supply chains and enhancing product offerings contribute to a dynamic competitive environment.

In October Sealed Air (US) announced the launch of a new line of biodegradable stretch films aimed at reducing plastic waste. This strategic move not only addresses environmental concerns but also positions the company as a leader in sustainable packaging solutions. The introduction of these films is likely to attract environmentally conscious consumers and businesses, thereby enhancing Sealed Air's market presence.

In September Berry Global (US) expanded its manufacturing capabilities by investing in a new facility dedicated to producing advanced shrink films. This expansion is significant as it allows Berry Global to meet the increasing demand for high-quality packaging solutions while also streamlining its production processes. The facility is expected to enhance operational efficiency and reduce costs, thereby strengthening the company's competitive position.

In August Amcor (AU) entered into a strategic partnership with a leading technology firm to integrate AI into its production processes. This collaboration aims to enhance quality control and optimize manufacturing efficiency. The integration of AI technologies is anticipated to provide Amcor with a competitive edge by enabling faster response times to market changes and improving overall product quality.

As of November the competitive trends in the stretch and shrink-film market are increasingly defined by digitalization, sustainability, and technological integration. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in driving innovation and enhancing market reach. The shift from price-based competition to a focus on innovation, technology, and supply chain reliability is evident, suggesting that future competitive differentiation will hinge on the ability to adapt to evolving consumer preferences and technological advancements.

Key Companies in the US Stretch and Shrink Film Market include

Industry Developments

The US Stretch and Shrink Film Market has seen notable developments recently, driven by technological advancements and a growing demand for sustainable packaging solutions. Companies like Berry Global and Amcor are increasingly focusing on eco-friendly products, with Berry Global launching operations aimed at sustainable film products in October 2023. Additionally, in September 2023, the US market saw a boost when Dow announced significant investments to enhance its production capabilities, aiming to meet the rising demand across various sectors including food and pharmaceuticals.

Concerning mergers and acquisitions, Pactiv Evergreen acquired a leading film production company in July 2023, marking a strategic move to broaden its product range. Sigma Plastics Group and Intertape Polymer Group are also reportedly expanding their footprints through similar strategic initiatives. The market has experienced growth in company valuations due to rising consumer preferences for flexible packaging, which has opened avenues for innovation in product offerings. Notably, the Supply Chain Disruption of 2021 and the subsequent recovery period have influenced production and pricing strategies across the industry, necessitating agile responses from key players like Berkshire Hathaway and Novolex Holdings.

Future Outlook

US Stretch and Shrink Film Market Future Outlook

The stretch and shrink-film market is projected to grow at a 5.52% CAGR from 2025 to 2035, driven by increased demand in packaging and logistics.

New opportunities lie in:

  • Development of biodegradable stretch films for eco-conscious consumers.
  • Integration of smart technology in shrink-film applications.
  • Expansion of e-commerce packaging solutions to enhance delivery efficiency.

By 2035, the market is expected to achieve robust growth, reflecting evolving consumer and industry needs.

Market Segmentation

US Stretch and Shrink Film Market Resin Outlook

  • LLDPE
  • LDPE
  • PVC
  • Others

US Stretch and Shrink Film Market Product Outlook

  • Hoods
  • Sleeves and Labels
  • Wraps
  • Others

US Stretch and Shrink Film Market Application Outlook

  • Food & Beverage
  • Industrial Packaging
  • Consumer Goods
  • Pharmaceutical
  • Others

Report Scope

MARKET SIZE 2024 3600.0(USD Million)
MARKET SIZE 2025 3798.72(USD Million)
MARKET SIZE 2035 6500.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 5.52% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Amcor (AU), Sealed Air (US), Berry Global (US), Mondi Group (GB), AEP Industries (US), Intertape Polymer Group (CA), Novolex (US), Coveris (AT), Sigma Plastics Group (US)
Segments Covered Resin, Product, Application
Key Market Opportunities Adoption of sustainable materials in the stretch and-shrink-film market enhances eco-friendly packaging solutions.
Key Market Dynamics Rising demand for sustainable packaging solutions drives innovation in the stretch and shrink-film market.
Countries Covered US
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FAQs

What is the projected market size of the US Stretch and Shrink Film Market in 2024?

The US Stretch and Shrink Film Market is projected to be valued at 3.2 USD Billion in 2024.

What will be the market size of the US Stretch and Shrink Film Market by 2035?

By 2035, the market size for the US Stretch and Shrink Film Market is expected to reach 5.25 USD Billion.

What is the expected CAGR for the US Stretch and Shrink Film Market from 2025 to 2035?

The expected compound annual growth rate (CAGR) for the US Stretch and Shrink Film Market is 4.604% from 2025 to 2035.

Which resin type has the largest market share in the US Stretch and Shrink Film Market?

LLDPE holds the largest market share with a value of 1.2 USD Billion in 2024 and projected to grow to 2.0 USD Billion by 2035.

What is the market value of LDPE in the US Stretch and Shrink Film Market for the year 2024?

The market value of LDPE in 2024 is projected to be 0.9 USD Billion.

Which companies are considered key players in the US Stretch and Shrink Film Market?

Key players in the market include Berry Global, Dow, Sealed Air Corporation, Pactiv Evergreen, and Novolex Holdings.

What is the market value of PVC in the US Stretch and Shrink Film Market for 2024?

The market value for PVC in the US Stretch and Shrink Film Market is expected to be 0.8 USD Billion in 2024.

What opportunities exist for growth in the US Stretch and Shrink Film Market?

Emerging trends such as sustainable packaging solutions and innovations in resin technology present growth opportunities in the market.

What are the challenges faced by the US Stretch and Shrink Film Market?

Challenges include fluctuating raw material prices and regulatory pressures related to plastic usage.

How are the key applications of stretch and shrink films evolving in the market?

Key applications are evolving towards enhanced packaging solutions in various industries including food and beverage, consumer goods, and pharmaceuticals.

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