CATEGORY

Stretch Films

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Category Alerts


CATEGORY ALERTS

Great Wrap introduces Sustainable Stretch wraps from Potato waste

August 01, 2022
alert level: Medium
CATEGORY ALERTS

Trioworld plans to acquire Quality Films

September 05, 2022
alert level: Medium
CATEGORY ALERTS

Stretch Film price decrease in US and Europe

September 12, 2022
alert level: Medium

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Stretch Films Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Stretch Films category is 7.00%

Payment Terms

(in days)

The industry average payment terms in Stretch Films category for the current quarter is 60.0 days

Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™

Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Stretch Films Suppliers


    4,564
    Total Suppliers
    117
    Diverse Suppliers
    82
    Normalized Supplier Rating
    Stretch Films  Supplier

    Find the right-fit stretch films supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    CCL Industries Inc
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    1
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    32

    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    34
    Social
    24
    Governance
    43
    6 Domains Performance (/100)
    Business behaviour
    26
    Human rights
    36
    Community Environment
    29
    Corporate governance
    43
    Human resources
    23
    Security Scorecard
    80

    Threat indicators
    F
    58
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    B
    80
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    71
    Application Security
    Detecting common website application vulnerbilities
    A
    100
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    C
    75
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    90
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    cclind.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    0
    Human Rights Issues
    0
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    0
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    0
    Fraud Issues
    0
    Labor Health Safety Flags
    0
    Regulatory Issues
    0
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    29
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Stretch Films market report transcript


    Global Stretch Films Market Outlook

    The market is expected to reach USD 11.2 Billion by 2025 (F) at a CAGR of 4.5–5 percent from 2020 (E)–2025 (F)

    High end-use demand from food & beverages and industrial segments across regions is likely to foster growth

    • APAC leads the Stretch films market with a share of 45% and is expected to witness the maximum growth rate in the next 5 years due to rise in young population, change in consumer buying patterns and increase in modern retailing methods like super/hyper markets

    Increasing awareness for sustainability has been a major trend in the Stretch Films industry due to the recent ban on plastics across the region suppliers are moving towards usage of more recyclable film formats. Following the trend major innovations in Stretch film formats have been introduced by key suppliers.

    • For example Megaplast has introduced Fiber Stretch Films, a 30% PCR content Film, Barbier Group’s down gauged films with 15% cost reduction, etc.
    • In films types industry is moving towards usage of macro perforated and more than 300% pre stretched films 

    APAC is likely to lead the demand growth for Stretch Films packaging, growing at a CAGR of around 6-6.5%, owing to the rapidly growing food and beverage sector and also other manufacturing industries

    • Cost containment and sustainability are likely to be the focus of product development in the next 5 years. Major trends include, usage of biodegradable films, down gauging, increasing of stretch percentages, etc. would likely to be the key focus of product development
    • Increase in demand for stretch films in bulk packaging requirements in logistic and distribution segment would remain as one of the key drivers of stretch films
    • Growing stretch percentages and material advancements like sustainable films, multi perforation films is likely to facilitate growth in stretch films segment 

     Stretch Films – Drivers and Constraints

    Drivers

    Growing end-use market

    • Increase in growth for soft drinks, beverage packaging and packaged foods in Europe is the major driver for stretch films demand
    • Increasing demand from bulk-packaging requirements and tertiary packaging pallet unitization in warehousing and distribution segments remains one of the key drivers of stretch films market Consumer buying pattern
    • Growing bulk consumption of beverages with the growth of large format retail stores and hypermarkets
    • With growing disposable incomes of middle-class population in countries like Germany, France, Belgium, Iberia, etc. consumers are increasingly attracted towards packages like multipacks
    • Increase in e-commerce and online purchasing is one of the boosters for stretch films demand in the region

    Strong performance features

    • In addition to increasing mechanical strength and heat stability light-weighting through down- gauging can help to reduce carbon footprint without compromising on the performance
    • Stretch films can also be easily recycled, landfilled or incinerated after usage

    Constraints

    Substitutes

    • Increase in usage of reusable pallet wraps can act as replacement for stretch films in the region

    Impact of Plastic bans

    • Increase in regulations across Europe would act as a major deterrent for stretch films demand in the region, as the manufacturers are looking to shift to other biodegradable packaging alternatives other than fossil-based packaging