Stretch Hood Pallet Wrapping Market
Stretch Hood Pallet Wrapping Market Share & Trends Analysis, By Material Type (PE, LDPE, HDPE), By End-Use (Food, Pharmaceuticals, Others) & By Region Forecast - Global Review 2021 to 2031
Analysis of Stretch Hood Pallet Wrapping Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Stretch Hood Pallet Wrapping Market: An Overview
The stretch hooding method of pallet wrapping offers advantages in terms of operational costs, efficiency, durability, and sustainability. Stretch hood is among the fastest expanding applications in pallet wrapping, owing to its superior package integrity and versatility in palletizing varied product loads.
For optimal load consistency, the stretch hood is formed from a continuous roll of gusseted wrap that is stretched over the pallet load. It's a fully automated process in which the machine adjusts to the height of the pallet in concern.
Stretch hood application ensures that only the exact amount of wrap required for the application is delivered, thereby saving wastage of raw material. As the wrap is not heated, energy consumption is low and operating and maintenance costs are also reduced.
Stretch hood pallet wrapping is flexible enough to be stretched twice its original size to wrap around a pallet. This saves producers costs because they don't have to change the wrapping for different sizes of pallets on a regular basis, which saves them money on both consumables and energy.
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Stretch Hood Pallet Wrapping Market: Dynamics
Due to rapid technical advancements, stretch hood pallet wrapping is becoming increasingly prevalent. The demand for new technology has risen as the population has shifted from rural to urban areas. As a result, customers have been accustomed to receiving goods sooner and for a minimal cost of delivery. Manufacturing has grown more specialized and customer-focused, resulting in a significant increase in demand.
The expansion of stretch hood pallet wrapping is expected to be fueled by industries like automobile, food industry, chemicals, and construction among others. Another aspect boosting the demand is the rise of e-commerce. The increasing use of e-commerce has led to a rise in the demand for stretch hood pallet wrapping from freight companies, which play a key role in the supply cycle of the market.
The fact that pallet wraps are made of plastic is one of the key concerns related to their use. Plastic, if not properly disposed of, can do harm to the environment. To address this issue, a number of manufacturers have highlighted the introduction of sustainable stretch hood pallet wraps made of recyclable or recycled plastic.
Stretch Hood Pallet Wrapping Market: Regional Outlook
The South Asia & Pacific region is forecasted to witness substantial growth in the stretch hood pallet wrapping demand owing to the vast domestic market, along with the rapidly rising population in prominent regions like India. Government efforts such as ‘Production Incentive Scheme' and ‘Make in India' are expected to foster a healthy industrial environment, which in turn is expected to bolster the demand in the coming years.
The stretch hood pallet wrapping demand in East Asia is expected to witness steady growth throughout the forecast period. Countries like Japan are renowned for exporting electronics and automobiles to various parts of the world.
Transportation of these goods requires protection from external damage. This is expected to spur the sale of stretch hood pallet wrapping in the region. In addition, technologically advanced stretch hood machines allow for faster packing, thereby, bolstering the demand in the region.
The stretch hood pallet wrapping sales in Europe and North America is projected to register healthy growth throughout the forecast period. The major factors driving the demand in the region can be attributed to rising automation and the prevalence of well-established infrastructure.
The exceptional supply chain network and efficiently laid transportation system is also expected to contribute to the expansion of the market.
In addition, the MEA and Latin America regions are anticipated to observe steady growth owing to an increase in manufacturing activities and rising emphasis on R&D. Strategic collaborations are also expected to provide an impetus to the industry in these regions.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Stretch Hood Pallet Wrapping Market: Key Players
Some of the manufacturers are:
- Muraplast d.o.o.
- Shields Bag and Printing Co.
- NPF Polyfilms Pvt Ltd
- Sigma Plastics Group
- Thrace Synthetic Packaging Limited
- Integrated Packaging Group Pty Ltd
- Aalmir Plastic Industries
- Novolex Holdings, Inc.
The report stretch hood pallet wrapping market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on the plastic packaging market segments and geographies.
Regional Analysis Includes
- North America (US and Canada)
- Latin America (Brazil and Mexico)
- Europe (Germany, France, Spain, Italy, UK, BENELUX, Russia)
- South Asia & Pacific (India, ASEAN, Australia & New Zealand)
- East Asia (China, Japan, South Korea)
- Middle East & Africa (GCC Countries, South Africa, Turkey, Northern Africa)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Reports Highlights:
- A detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments in the market
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for players to sustain and enhance their market footprint
Stretch Hood Pallet Wrapping Market: Segmentation
-
By Material Type:
- PE
- LDPE
- HDPE
- LLDPE
-
By End Use:
- Food
- Pharmaceuticals
- Homecare
- Cosmetics
- Others
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Material Type
- 6.2. End Use
- 7. Global Market Analysis and Forecast, By Material Type
- 7.1. PE
- 7.2. LDPE
- 7.3. HDPE
- 7.4. LLDPE
- 8. Global Market Analysis and Forecast, By End Use
- 8.1. Food
- 8.2. Pharmaceuticals
- 8.3. Homecare
- 8.4. Cosmetics
- 8.5. Others
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Western Europe
- 9.4. Eastern Europe
- 9.5. East Asia
- 9.6. South Asia & Pacific
- 9.7. MEA
- 10. North America Sales Analysis and Forecast, by Key Segments and Countries
- 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 15. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 16. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 17. Sales Forecast by Material Type and End Use for 30 Countries
- 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 19. Company Profile
- 19.1. Muraplast d.o.o.
- 19.2. Shields Bag and Printing Co.
- 19.3. NPF Polyfilms Pvt Ltd
- 19.4. Sigma Plastics Group
- 19.5. Thrace Synthetic Packaging Limited
- 19.6. Integrated Packaging Group Pty Ltd
- 19.7. Aalmir Plastic Industries
- 19.8. Novolex Holdings, Inc.
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Material Type
Table 3: Global Market US$ Mn Forecast by End Use
Table 4: North America Market US$ Mn Forecast by Country
Table 5: North America Market US$ Mn Forecast by Material Type
Table 6: North America Market US$ Mn Forecast by End Use
Table 7: Latin America Market US$ Mn Forecast by Country
Table 8: Latin America Market US$ Mn Forecast by Material Type
Table 9: Latin America Market US$ Mn Forecast by End Use
Table 10: Western Europe Market US$ Mn Forecast by Country
Table 11: Western Europe Market US$ Mn Forecast by Material Type
Table 12: Western Europe Market US$ Mn Forecast by End Use
Table 13: Eastern Europe Market US$ Mn Forecast by Country
Table 14: Eastern Europe Market US$ Mn Forecast by Material Type
Table 15: Eastern Europe Market US$ Mn Forecast by End Use
Table 16: East Asia Market US$ Mn Forecast by Country
Table 17: East Asia Market US$ Mn Forecast by Material Type
Table 18: East Asia Market US$ Mn Forecast by End Use
Table 19: South Asia & Pacific Market US$ Mn Forecast by Country
Table 20: South Asia & Pacific Market US$ Mn Forecast by Material Type
Table 21: South Asia & Pacific Market US$ Mn Forecast by End Use
Table 22: MEA Market US$ Mn Forecast by Country
Table 23: MEA Market US$ Mn Forecast by Material Type
Table 24: MEA Market US$ Mn Forecast by End Use
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 4: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 7: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 8: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 17: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 18: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 19: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 20: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 21: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material Type
Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
Why is the Stretch Hood Pallet Wrapping market witnessing major growth?
The Stretch Hood Pallet Wrapping market is expanding rapidly due to the benefits it provides in terms of operational costs, efficiency, durability, and sustainability, as well as superior package integrity.
What are the top players in the Stretch Hood Pallet Wrapping market?
Muraplast d.o.o., Shields Bag and Printing Co., NPF Polyfilms Pvt. Ltd, Sigma Plastics Group, and Integrated Packaging Group Pty Ltd are the top players in the Stretch Hood Pallet Wrapping market.
Where will the Stretch Hood Pallet Wrapping market generate its major market share?
The South Asia & Pacific region is expected to see huge growth in stretch hood pallet wrapping consumption due to the vast domestic market and rapidly rising population in prominent nations such as India.
Stretch Hood Pallet Wrapping Market