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Stretch Films Market Growth Propelled by Lucrative Food & Beverage Sector: Future Market Insights Stretch films market players are focusing on boosting production and launching innovative products to maintain their market position DUBAI, UAE / ACCESSWIRE / December 30, 2020 / According to FMI, the stretch films market is projected to expand at a steady CAGR of 4.7% during 2020-2030. Stretch films are gaining popularity amid various end-use industries owing to their cost-efficiency, user-friendliness, and more energy-efficient in contract to substitutes such as stretch hoods and strapping. Rise in demand in food & beverages and ecommerce sector for bulk packaging is projected to fuel the market expansion. However, the market will be experiencing a slump in demand owing to disruptions all over several end use sectors.

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