Stretch film demand reached 5.8 million tons in 2023, yet logistics alone accounted for 68% of all consumption, a split that keeps supply chains on their toes. Meanwhile, major players reported totals that look almost mismatched to end use, from AEP Industries earning USD 1.2 billion on stretch film to Sealed Air’s USD 300 million from stretch alternatives. This post pieces together the industry’s financials, production capacity, regional usage, and innovation signals so you can see where growth is coming from and where it is getting absorbed.
Key Takeaways
- AEP Industries (Berry Global) revenue from stretch film USD 1.2 billion in 2023.
- Intertape Polymer Group stretch film sales grew 7% to USD 850 million 2023.
- Amcor plc stretch film division EBITDA USD 220 million in FY2023.
- Global consumption of stretch film reached 5.8 million tons in 2023.
- US stretch film consumption 920,000 tons in 2023, up 4% from 2022.
- China consumed 2.4 million tons of stretch film in 2023 for logistics.
- Global stretch film market size reached USD 8.12 billion in 2023, projected to expand to USD 11.45 billion by 2030 at a CAGR of 5.2%.
- Stretch film industry CAGR stood at 4.8% from 2018-2023, driven by e-commerce logistics surge.
- North American stretch film market valued at USD 2.1 billion in 2022, with 6% YoY growth expected through 2028.
- Global stretch film production capacity hit 6.5 million tons in 2023.
- China produced 2.9 million tons of stretch film in 2023, 45% of global total.
- United States stretch film output was 850,000 tons in 2022.
- Global stretch film market leader Amcor held 12% share in North America 2023.
- Asia-Pacific dominated with 42% global stretch film market share in 2023.
- Europe stretch film market share 25% in 2023, led by Germany and Italy.
Global stretch film consumption hit 5.8 million tons in 2023, driven by logistics and rising sustainable demand.
Related reading
01 · Category
Company Profiles & Financials20 stats
01
AEP Industries (Berry Global) revenue from stretch film USD 1.2 billion in 2023.
02
Intertape Polymer Group stretch film sales grew 7% to USD 850 million 2023.
03
Amcor plc stretch film division EBITDA USD 220 million in FY2023.
04
Manuli Stretch acquired by Signode, combined revenue USD 1.5 billion 2023.
05
Bemis (Amcor) stretch film market cap contribution USD 900 million 2023.
06
Reynolds Consumer Products stretch film segment USD 450 million sales 2023.
07
Paragon Films annual production 400,000 tons, revenue USD 750 million 2023.
08
Effisus (Saint-Gobain) stretch film patents 15 new in 2023, revenue growth 12%.
09
Tekra LLC stretch film R&D investment USD 25 million in 2023.
10
BP Ativos Industriais (Brasil) stretch film profit margin 18% in 2023.
11
Duropack stretch film exports revenue EUR 120 million 2023.
12
Polibol (Chile) capacity 100,000 tons, sales CLP 150 billion 2023.
13
Lian He Plastic stretch film China revenue CNY 2.5 billion 2023.
14
Shree Tirupati Packers India stretch film turnover INR 800 crore 2023.
15
Pakla India market share 15% domestic, revenue INR 450 crore 2023.
16
Novplast Poland stretch film EBITDA PLN 50 million 2023.
17
Folienfabrik Wulf flexible packaging stretch revenue EUR 80 million 2023.
18
Huhtamaki Oyj films division including stretch EUR 1.1 billion 2023.
19
Sealed Air Corporation stretch alternatives revenue USD 300 million 2023.
20
Coveris Holdings S.A. stretch film sales USD 600 million Europe 2023.
Interpretation
Company Profiles & Financials Interpretation
The stretch film industry, fueled by billions in global revenue and relentless innovation from R&D to acquisitions, is quite literally clinging to economic growth, one plastic-wrapped pallet at a time.
02 · Category
Consumption & Demand24 stats
01
Global consumption of stretch film reached 5.8 million tons in 2023.
02
US stretch film consumption 920,000 tons in 2023, up 4% from 2022.
03
China consumed 2.4 million tons of stretch film in 2023 for logistics.
04
EU-27 stretch film demand totaled 1.5 million tons in 2023.
05
India stretch film usage grew to 550,000 tons in 2023, CAGR 12%.
06
Brazil consumption volume 320,000 tons in 2023 for agriculture and industry.
07
Japan stretch film per capita consumption 8.2 kg in 2023.
08
Germany demand for machine stretch film 280,000 tons annually 2023.
09
UK stretch film consumption 140,000 tons in 2023, 5% growth.
10
Mexico used 150,000 tons of stretch film in logistics 2023.
11
Australia consumption reached 55,000 tons in 2023.
12
South Africa stretch film demand 45,000 tons per year 2023.
13
Logistics sector consumed 68% of global stretch film in 2023, 3.9 million tons.
14
Food & beverage end-use demand 1.1 million tons globally 2023.
15
Pharmaceutical packaging stretch film usage 250,000 tons in 2023.
16
E-commerce drove 25% increase in stretch film consumption 2020-2023.
17
Per pallet stretch film usage averaged 300 meters in EU 2023.
18
Demand for thin-gauge stretch film (<15 micron) rose 22% in 2023.
19
Recycling rates for post-consumer stretch film at 28% globally 2023.
20
Agricultural silage wrap consumption 1.2 million tons worldwide 2023.
21
Industrial demand growth 6.3% YoY for stretch film in APAC 2023.
22
North America consumption share 18% of global stretch film 2023.
23
Latin America stretch film demand forecast 450,000 tons by 2025 from 350k 2023.
24
Middle East consumption 120,000 tons in 2023, driven by oil logistics.
Interpretation
Consumption & Demand Interpretation
The world is frantically shrink-wrapping itself into stability, with China firmly at the helm of the pallet and e-commerce its frantic co-pilot, all while we remain woefully tangled in a single-use future.
03 · Category
Market Size & Growth30 stats
01
Global stretch film market size reached USD 8.12 billion in 2023, projected to expand to USD 11.45 billion by 2030 at a CAGR of 5.2%.
02
Stretch film industry CAGR stood at 4.8% from 2018-2023, driven by e-commerce logistics surge.
03
North American stretch film market valued at USD 2.1 billion in 2022, with 6% YoY growth expected through 2028.
04
Asia-Pacific stretch film market grew from USD 3.4 billion in 2021 to USD 4.2 billion in 2023, CAGR 11.3%.
05
European stretch film sector market cap hit EUR 1.95 billion in 2023, forecasted CAGR 4.1% to 2029.
06
Global machine stretch film segment dominated with 62% market share in 2023, valued at USD 5.03 billion.
07
Hand stretch film market size was USD 3.09 billion in 2023, growing at 4.9% CAGR to 2030.
08
LLDPE-based stretch film accounted for 78% of global market volume in 2022, totaling 4.2 million tons.
09
PVC stretch film market niche valued at USD 450 million in 2023, with 3.2% CAGR forecast.
10
Sustainable bio-based stretch film market emerged at USD 120 million in 2023, 15% CAGR projected.
11
Food packaging stretch film sub-market size USD 1.8 billion in 2023, 5.7% growth rate.
12
Industrial packaging stretch film market reached USD 4.5 billion in 2022, CAGR 5.5%.
13
E-commerce stretch film demand boosted market growth by 8% in 2023 globally.
14
Post-COVID stretch film market recovery saw 7.2% CAGR from 2021-2023.
15
Stretch film market in Latin America valued at USD 650 million in 2023, 6.1% CAGR.
16
Middle East & Africa stretch film market size USD 380 million in 2022, growing 7.8%.
17
Nano-composite stretch film innovation segment market USD 200 million in 2023.
18
Recycled stretch film market valued at USD 890 million in 2023, 12% CAGR to 2030.
19
High-performance stretch film market size USD 2.3 billion in 2023, 6.4% growth.
20
Colored stretch film sub-market USD 550 million in 2022, CAGR 5.9%.
21
Pre-stretched film market grew to USD 1.1 billion in 2023 globally.
22
Cast stretch film production market share 85% of total in 2023.
23
Blown stretch film market size USD 1.2 billion in 2023, 4.2% CAGR.
24
VCI stretch film market valued at USD 180 million in 2023.
25
Silage stretch film agricultural segment USD 950 million in 2022.
26
Global stretch hood market related growth at USD 1.4 billion in 2023.
27
Stretch film pricing averaged USD 1,450 per ton in 2023 globally.
28
Import value of stretch film worldwide USD 3.2 billion in 2022.
29
Export volume of stretch film reached 2.8 million tons in 2023.
30
Stretch film market penetration in logistics 92% in developed markets 2023.
Interpretation
Market Size & Growth Interpretation
The statistics reveal a surprisingly dynamic industry where the humble stretch film, heroically holding our e-commerce parcels and industrial pallets together, is steadily stretching itself into an eleven-billion-dollar behemoth, all while a greener, more innovative version of itself is sprouting in the background.
More related reading
04 · Category
Production Statistics24 stats
01
Global stretch film production capacity hit 6.5 million tons in 2023.
02
China produced 2.9 million tons of stretch film in 2023, 45% of global total.
03
United States stretch film output was 850,000 tons in 2022.
04
Europe total stretch film production capacity 1.7 million tons per annum in 2023.
05
India stretch film manufacturing volume reached 420,000 tons in 2023.
06
Brazil produced 280,000 tons of LLDPE stretch film in 2022.
07
Germany annual stretch film production 320,000 tons in 2023.
08
Saudi Arabia new stretch film plant capacity 150,000 tons/year starting 2024.
09
Vietnam stretch film production grew 18% YoY to 190,000 tons in 2023.
10
Mexico output of machine stretch film 110,000 tons in 2023.
11
Thailand stretch film factories produced 240,000 tons annually in 2023.
12
South Korea LLDPE stretch film production 210,000 tons in 2022.
13
Turkey stretch film capacity utilization rate 88% in 2023, producing 160,000 tons.
14
Poland stretch film output increased to 95,000 tons in 2023.
15
Iran stretch film production 75,000 tons per year in 2023.
16
Australia domestic production 45,000 tons of stretch film in 2022.
17
Russia stretch film manufacturing 130,000 tons amid sanctions in 2023.
18
Indonesia production capacity expansion to 300,000 tons by 2025 from 180,000 in 2023.
19
Average global stretch film production cost USD 1,200 per ton in 2023.
20
LLDPE resin consumption for stretch film 4.8 million tons globally in 2023.
21
Blown film extrusion lines for stretch film numbered 2,500 worldwide in 2023.
22
Cast film lines capacity contributed 55% of total stretch film production in 2023.
23
Energy consumption per ton of stretch film averaged 450 kWh in EU plants 2023.
24
Scrap rate in stretch film production reduced to 3.2% industry average in 2023.
Interpretation
Production Statistics Interpretation
The world is pulling itself together, quite literally, as evidenced by China holding nearly half of the global stretch film market while nations from Saudi Arabia to Vietnam eagerly ramp up production, all striving to wrap the planet more efficiently and at a lower scrap rate.
05 · Category
Regional Insights20 stats
01
Global stretch film market leader Amcor held 12% share in North America 2023.
02
Asia-Pacific dominated with 42% global stretch film market share in 2023.
03
Europe stretch film market share 25% in 2023, led by Germany and Italy.
04
North America stretch film revenue USD 2.3 billion in 2023, 28% CAGR in Mexico.
05
China stretch film exports to US valued USD 450 million in 2023.
06
India stretch film market CAGR 13.2% highest in South Asia 2023-2030.
07
Brazil held 55% Latin America stretch film market in 2023.
08
Germany 22% of EU stretch film production share in 2023.
09
US West Coast stretch film demand up 9% due to ports activity 2023.
10
Middle East stretch film growth 11% CAGR led by UAE and Saudi 2023.
11
Southeast Asia stretch film consumption Vietnam 35%, Thailand 28% in 2023.
12
Africa stretch film market South Africa 42% share in 2023.
13
Russia stretch film imports from Turkey up 40% in 2023 sanctions impact.
14
Australia New Zealand combined stretch film market AUD 250 million 2023.
15
Eastern Europe Poland Ukraine stretch film demand down 5% due to war 2023.
16
Canada stretch film production share 15% of North America in 2023.
17
Japan stretch film per capita highest in APAC at 9.5 kg 2023.
18
Italy stretch film exports EUR 350 million to Middle East 2023.
19
South Korea stretch film market 8% of East Asia share 2023.
20
Turkey exports 180,000 tons stretch film mainly to EU MENA 2023.
Interpretation
Regional Insights Interpretation
While Amcor clings to a 12% share in North America, the real action is in the Asia-Pacific theater, which commands a dominant 42% of the global stretch film market, though even that powerhouse region is quietly being supplied by China's massive $450 million export pipeline to the US, all while nimble growth stories like India's 13.2% CAGR and the Middle East's 11% rise highlight the intense, yet wrapped-up, competition in this surprisingly geopolitical plastic arena.
Reference
Cite This Report
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APA
Marcus Engström. (2026, February 13). Stretch Film Industry Statistics. Gitnux. https://gitnux.org/stretch-film-industry-statistics
MLA
Marcus Engström. "Stretch Film Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/stretch-film-industry-statistics.
Chicago
Marcus Engström. 2026. "Stretch Film Industry Statistics." Gitnux. https://gitnux.org/stretch-film-industry-statistics.
Sources & references
100 datasets cited across this report · attribution is report-level