In 2023, the USA stretch hood films market is projected to be worth  US$ 225.9 million . Between 2023 and 2033, it is expected to expand at a CAGR of  5.2% .

Stretch hood films are a type of packaging material designed for unitizing and securing palletized loads. They are commonly used in industries for wrapping and protecting pallets during transportation and storage. The stretch hood film is applied by machines that stretch the film around the pallet, providing a secure and tight fit.

It is projected to be valued US$ 375 million by 2033. The need for stretch hood films is anticipated to rise in the near future. The top 5 competitors are predicted to hold 25% to 30% of the market in 2023.

Stretch hood films are becoming more and more popular in a number of industries, including as cosmetics, food & beverage, and healthcare, and it is anticipated that their sales would soar. One of the main factors contributing to these movies’ growing popularity is their affordability. The food and pharmaceutical industries are predicted to continue growing, which will keep demand for stretch hood films strong.

When it comes to wrapping materials, stretch hood films are the best option compared to shrink wrap and stretch wrap. They are preferred in many applications because of their affordability and ease of use. Stretch hood films are expected to be a preferred packaging option as a result of the continued growth of the food and beverage and pharmaceutical industries.

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Key features of stretch hood films include:

  1. Stretchability: These films have the ability to stretch and conform tightly to the shape of the pallet and its contents, ensuring a snug fit.
  2. Strength: Stretch hood films are engineered to be strong and durable, providing stability to the palletized load and protecting it from damage during handling and transportation.
  3. Weather Resistance: They often offer resistance to environmental factors such as moisture and dust, helping to maintain the integrity of the packaged goods.
  4. Transparency: Some stretch hood films are transparent, allowing for easy identification of the products on the pallet.
  5. Efficiency: The application process is usually done by automated machines, making it a fast and efficient packaging solution for large-scale operations.

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Leading Players

  • Sigma Plastics Group
  • Novolex Holdings, Inc.
  • RKW Group
  • Tex-Trude LLP
  • INDEVCO Plastics, LLC
  • Berry Global, Inc.
  • Beumer Group
  • Thrace Group
  • Signode Industrial Group LLC
  • Muller LCS
  • Specialty America, Inc.
  • Interplast Group
  • Layfield Group Ltd.
  • Megaplast USA Inc.
  • Balcan Innovations Inc.
  • Tilak Polypack Private Limited

Competitive Landscape

Key stretch hood film suppliers in the USA are using calculated strategies when it comes to mergers and acquisitions. It will further help them to strengthen their positions in the market. They are also making an effort to innovate new specialized products for particular uses in a wide array of industries.

For instance,

  • In October 2021, Berry Global launched Sustane. It is a recycled polymer film that is dust and moisture-resistant. It can be utilized for packaging powdered products.
  • In February 2021, Indevco Plastics announced the launch of a new heavy-duty packaging film. It is made from 50% recycled content, which is also sustainable.
  • In February 2021, RKW Group launched a sustainable film for consumer packaging. It was manufactured from 100% recycled content and has excellent printability.

USA Stretch Hood Films Market Outlook by Category

By Material Type:

  • Polyethylene (PE)
    • Linear Low Density Polyethylene (LLDPE)
    • Low Density Polyethylene (LDPE)
  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Other Plastics

By Thickness:

  • Up to 100 microns
  • 101 to 150 microns
  • Above 150 microns

By End Use:

  • Building & Construction
  • Food & Beverages
  • Pharmaceuticals
  • Textile
  • Chemicals & Fertilizers
  • Automotive
  • Shipping & Logistics

By Country:

  • USA

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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