Global stretch and shrink film market 2016-2020

11 January 2016

In a new report Technavio's analysts forecast the global stretch and shrink film market to grow at a CAGR of more than 5% between 2016 and 2020. Factors like the high efficiency of film manufacturing and layering, growing sales of retail items, and the increasing use of stretch and shrink hoods and beverage and pallet unitization wraps, are boosting the growth of the market. APAC leads the global stretch and shrink film market, occupying 37% of the overall market revenue.
Rapid growth in the food and beverage (F&B) sector is the key driver for the growth of the market. This sector is predicted to be the major customer during the forecast period (Press Release Technavio, 18 December 2015).
Click here for the press release.
Click here for more information about the report.

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