UVI stretch films: Market outlook
Stretch wrapping is the popular method of pallet wrapping in the market nowadays. This is a stretchable plastic film that prevents products from damage during shipment, or during improper handling or in sudden movements, or due to environmental factors.
UVI (Ultraviolet Inhibitor) stretch films, is an additive that is used in making films that require protection from extreme sunlight or normal or direct sunlight.
When the direct sunlight falls on the products and the product is not wrapped up from UVI stretch films it leads to the lost strength of a product, change in the yellowing, and then eventually breaking down. Through this additive, the life of poly packaging products is greatly increased.
America, Europe, Australia, and New Zealand are the bigger market of UVI stretch films because most of the consumer goods or preservative goods are used by these countries. UVI stretch films are providing more safety and durability of a product.
Nowadays developing countries like; China, India, Pakistan, Nepal, Sri Lanka, and other Asian and African countries are adopting the UVI stretch films to give more safety and durability to their product.
Trends impacting the growth of UVI stretch films:
Most of the plastics can absorb some amount of UV wavelength which causes, chemically degradation, yellowing, discoloration, and ultimately decomposition. Without any specific protection on plastic will degrade within several months or less than in a year.
Stretch wraps load is the best alternative of protection during shipping damages. UVI stretch films can protect the products which are stored outside from UV rays. Through opaque stretch films, customers can reduce the instance of pilferage.
UVI stretch films are more cost-effective and more protective than their alternatives like; heat shrink film or strapping corrugated or strapping equipment and shrink wrapping. It also keeps safe products from moisture, dirt and dust, and other environmental factors. It also takes less energy from any other alternatives during unitizing methods like shrink wrap systems.
UVI stretch films are most efficient; increase packaging operation efficiency can improve inventory control, can increase the worker's productivity. UVI stretch can be easily recycled.
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Major Player in the UVI Stretch Films Market:
Some of the key players which are considered in the report are;
- Johnson Plastic & Supply Co.,
- Inc. Larsen Packaging Products, Inc.
- Hi-Tech Plastics, Inc.
- Plastic Connections, Inc.
- Dana Poly, Inc.
- Western Plastics, and Packaging Services Industries.
- Transhield, Inc.
- Nexus Plastics, Inc.
- Reliant Packaging Films Ltd.
- Navrang Polyfilms,
- Royal Polyplast Industries.
- Specialty Polyfilms (I) Pvt Ltd.
- Kaysons Plasto Print Pvt. Ltd.
- Boston Polymers
Major Market of UVI Stretch Films:
North America is the biggest market for the UVI stretch films because it’s an established market people of these region wants to maintain the work-life balance.
So, they always look for that option which is most efficient and also provides the maximum safety, whether it is in construction or supply of products or a preservative food. So, UVI stretch films are the best alternative in the market in terms of cost-cutting and in safety concerns or in terms of productivity as well as compared to shrink wrapping or shrink equipment.
In European market as well consumers are high concerns with the safety so, they are also choosing the best options which are available in the market to protect their product in the best possible way. So, UVI stretch films fulfil all the demands of a European market regarding customer’s problem what they are facing with the heat shrink film or strapping corrugated.
In the Asia Pacific region nowadays UVI stretch film technology is adopting on a very large scale because of safety purposes. Like in India or another South Asian country, at the time of summer season extreme sunlight falls on the product which degrades the quality of a product or leads to the decomposition if it is not UVI protected.
To avoid the loss in this region builders/contractors, food manufacturers, the automobiles industry, and farmers are highly demanding UVI stretch films. Like as we are aware UVI stretch films are cost-effective and able to increase productivity which leads to maximum profit as well in the market which is expected to propel the market demand.
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Impact of COVID – 19 in the Market of UVI Stretch Film:
As the COVID – 19 hits all over the world which leads low in production of each sector, UVI stretch films production had a high impact. ). Due to this pandemic, there has been a decrease in trade across 2020 which is the main factor for industry falling short to balance the demand and supply of a product.
However the demand for UVI stretch Films is expected to be high in the near future, attributed to increased demand from the constructions industry, landscaping industry (pavers, fencing), building industry (bricks, cement, tiles, etc.) bagged products stored outside (salt, mulch, fertilizers
Key Segment of UVI stretch film Market Covered in the Report:
Types of UVI stretch films has been segmented as:
- Black UVI stretch film
- UVI stretch wrap film
- Lumber wraps
- Pallet covers
- UVI poly bags
- UVI hand stretch film
- UVI machine stretch film
- UVI plastic sheeting
- Other packaging alternatives.
End-Use of UVI Stretch films has been segmented as:
- Constructions of buildings and sites
- Landscaping industry
- Building Industry
- Tiles (etc.)
- Bagged Products Stored outside
The Colour of UVI stretch films has been segmented as:
- Opaque white stretch film
- Clear stretch film
- Opaque Black stretch film
The features of UVI stretch films has been segmented as:
- Glossy finish
The size of UVI stretch films has been segmented as:
- Less than 5 Inch
- 5 – 10 Inch
- 10 – 15 Inch
- 15 – 20 Inch
- More than 20 Inch
The thickness of UVI stretch films has been segmented as:
- 37 Gauge
- 47 Gauge
- 60 Gauge
- 63 Gauge
- 70 Gauge
- 80 Gauge
- 90 Gauge
The region, UVI stretched films has been segmented as:
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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