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Blown Stretch Packaging Films Market: Potential Opportunities, Trends, and opportunity
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The blown stretch packaging films are available in various colors, gauges and can also be utilized for numerous applications. They have a high power and provide very high puncture resistance while wrapping uneven loads or the products with sharp edges. The blown stretch packaging films are made up of beads of resins that are fed through a heated machine, having a circular die. The resin which is heated is forced through the die and later it is vertically blown inside the bubble. Prior to transforming into the rolls of a stretch film, the air bubble is cooled by the surrounding air.
Blown Stretch Packaging Films Market: Prominent Players
Some of the prominent players in the global blown stretch packaging films market are:
- NU Packaging, Inc.
- Norflex, Inc.
- IPG Pty Ltd.
- Dennison Ltd.
- JC Gilmore Pty Ltd.
- Barbier Group
- Exxon Mobil Corporation
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Blown Stretch Packaging Films Market: Market Dynamics
The increasing demand for fresh food products coupled with growing need to immediately pack these products; is fueling the growth of the blown stretch packaging films market. The increasing demand for packaging materials that are antimicrobial and possess UV protection technology, is also a driving factor. The growing demand for packaging solutions with a very high puncture resistance and enhanced holding power is also a major driving factor. However, the high initial cost of investment and manufacture is a restraining factor for the growth of the blown stretch packaging films market.
Another challenging factor is the high noise created by the blown stretch packaging films while unwinding. The higher levels of cling of the blown stretch packaging films are widening the scope for the growth of its market. Cling refers to the sticking property of the film to itself. One of the prominent trends in the global blown stretch packaging films market is the combination of cast and blown type in one single film.
Blown Stretch Packaging Films Market: Market Segmentation
The global blown stretch packaging films market can be segmented on the basis of end-use industries:
- Food & Beverages
- 3PL Logistics
- Home Appliances
- Glass Objects
It can be segmented on the basis of the type of resin used for the manufacture:
- PBE (Polypropylene based elastomers)
- PE (Polyethylene)
It can also be segmented on the basis of the type of operation:
- Hand blown stretch packaging films
- Machine blown stretch packaging films
- Specialty blown stretch packaging films
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Blown Stretch Packaging Films Market: Segmentation Overview
The machine blown stretch packaging films are designed for the high speed and automated operations. The hand blown stretch films are designed for comparative easy application and strength. These can further be segmented into conventional and stiff blown stretch films. The specialty blown stretch packaging films are the ones that offer protection from UV radiations. They are also available in different colors to suit different requirements of the customers. The polypropylene based elastomer (PBE) blown stretch packaging films can be used immediately post production as they do not require hot boxing.
Blown Stretch Packaging Films Market: Regional Outlook
The global blown stretch packaging films market geographically is segmented as North America, Eastern Europe, Western Europe, Latin America, Asia-Pacific excluding Japan, Japan, and Middle East & Africa. North America and Europe hold a significant market share of blown stretch packaging films market owing to the fully developed packaging technologies. Furthermore, the increase in R & D activities related to packaging solutions, wherein blown stretch packaging films have versatile applications, aids in boosting the growth of blown stretch packaging films market in the region. The market in the APEJ region is more inclined towards growing demand for blown stretch packaging films because of the increasing demand for advanced packaging materials.
Blown Stretch Packaging Films Market: Recent Developments
Companies such as NU Packaging, Inc. offer regular high-performance machine film, along with the lower-gauge and highly engineered machine film, which are compatible and can accommodate with all applications and load types. Because of the slower cooling process during the manufacturing of the blown stretch packaging films, they are tougher than the cast films. Exxon Mobil Corporation’s blown stretch packaging films have the Vistamaxx trade mark. They offer outstanding tenacity and toughness along with a comparatively low noise while unwinding. The blown pre-stretch technology by IGP Pty Ltd. ensures the maximum number of pallets or products rolled from each wrap. Maxi-Lite, IPEX Gold, IPEX & JACKWRAP are some of the own developed packaging solutions of the company.
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