North America Shrink and Stretch Film Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The North America Shrink and Stretch Film Market Report is Segmented by Product Type (Hoods, Wraps, and Sleeve Labels), Material (Low-Density Polyethylene (LDPE) and Linear Low-Density Polyethylene (LLDPE), Polyvinyl Chloride (PVC), and Polyethylene Terephthalate (PET), and Other Materials), End-Use Industry (Food and Beverage, Consumer Goods, Pharmaceutical, Industrial, and Other End-Use Industries), and Country (United States and Canada). The Report Offers Market Sizes and Forecasts in Terms of Value (USD) for the Above-Mentioned Segments.

North America Shrink and Stretch Film Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

North America Shrink and Stretch Film Market Size

North America Shrink and Stretch Film Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 5.32 Billion
Market Size (2030) USD 6.39 Billion
CAGR (2025 - 2030) 3.73 %
Market Concentration Medium

Major Players

North America Shrink and Stretch Film Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of North America Shrink And Stretch Film Market with other markets in Packaging Industry

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North America Shrink and Stretch Film Market Analysis

The North America Shrink And Stretch Film Market size is estimated at USD 5.32 billion in 2025, and is expected to reach USD 6.39 billion by 2030, at a CAGR of 3.73% during the forecast period (2025-2030).

The North American shrink and stretch film industry is experiencing a significant transformation driven by sustainability initiatives and regulatory changes. Major manufacturers are increasingly focusing on developing eco-friendly solutions to meet stringent environmental regulations and changing consumer preferences. This shift is exemplified by the Government of Canada's ambitious mandate requiring 50% recycled content in plastic packaging by 2030, pushing manufacturers to innovate their product offerings. The industry has responded by establishing extensive recycling networks, with companies like Amcor leveraging over 18,000 in-store drop-off locations across North America for collecting and recycling PE shrink film, demonstrating the industry's commitment to circular economy principles.


Technological advancements in material science and manufacturing processes are reshaping the industry landscape. Manufacturers are investing in research and development to create thinner, stronger stretch film that maintains performance while reducing material usage. These innovations extend to the development of bio-based plastics and advanced multilayer films that offer enhanced protection and sustainability benefits. The industry has witnessed significant progress in developing films with improved puncture resistance, clarity, and barrier properties, while simultaneously reducing thickness without compromising strength or protective qualities.


Industry consolidation through mergers and acquisitions continues to reshape the competitive landscape, as companies seek to expand their technological capabilities and geographic reach. Notable transactions include Soteria Flexibles' acquisition of US-based Redi-Bag and C-P Flexible Packaging's purchase of Prestige-Pak Inc. in 2023, demonstrating the industry's dynamic nature. These strategic moves are enabling companies to enhance their product portfolios, achieve economies of scale, and better serve diverse end-user industries while maintaining competitive advantages in an increasingly demanding market.


Consumer behavior and retail trends are significantly influencing market dynamics, with a growing emphasis on convenience and product protection. According to recent industry surveys, approximately 83.4 million Americans regularly use plastic wraps, indicating strong market penetration in the residential sector. This consumer demand is complemented by the retail sector's increasing adoption of shrink film and stretch film for protective packaging and transportation applications. The industry is responding by developing specialized solutions for various applications, including tamper-evident packaging, shelf-ready displays, and e-commerce fulfillment, while maintaining a balance between functionality, cost-effectiveness, and environmental sustainability.

Segment Analysis: By Product Type

Wraps Segment in North America Shrink and Stretch Film Market

The wraps segment continues to dominate the North American shrink and stretch film market, commanding approximately 42% market share in 2024. This significant market position is attributed to wraps' versatility in packaging applications, from bundling film products to securing palletized loads. Wraps offer superior protection during storage and transit while maintaining cost-effectiveness compared to traditional packaging solutions. The segment's prominence is further strengthened by its extensive use in various industries, including food and beverage, consumer goods, and industrial applications. Wraps' ability to provide excellent load containment, puncture resistance, and clarity while offering both hand and machine application options has made it the preferred choice for businesses seeking efficient secondary packaging solutions.

Market Analysis of North America Shrink and Stretch Film Market: Chart for By Product Type

Hoods Segment in North America Shrink and Stretch Film Market

The hoods segment is emerging as the fastest-growing category in the North American shrink and stretch film market, with a projected growth rate of approximately 5% from 2024 to 2029. This remarkable growth is driven by the increasing adoption of stretch hood technology, which combines the advantages of both film hooding and stretch wrapping. The segment's expansion is fueled by its superior load stability capabilities, enhanced protection against weather conditions, and significant cost savings through reduced material usage. Stretch hood technology's ability to wrap pallets faster than traditional shrink-wrapping systems, coupled with its elimination of heat-shrinking processes, makes it particularly attractive for high-volume applications in various industries.

Remaining Segments in Product Type Segmentation

The sleeve label segment represents a significant portion of the North American shrink and stretch film market, offering unique advantages in product branding and protection. This segment has gained considerable traction due to its ability to provide 360-degree graphics coverage and conform to various container shapes, making it particularly valuable for beverage, personal care, and pharmaceutical applications. Sleeve labels have become increasingly important in the market due to their tamper-evident properties and ability to enhance shelf appeal while providing necessary product information and branding opportunities. The segment continues to evolve with innovations in sustainable materials and improved recycling compatibility.

Segment Analysis: By Material

LDPE & LLDPE Segment in North America Shrink and Stretch Film Market

The LDPE & LLDPE segment dominates the North American shrink and stretch film market, commanding approximately 52% market share in 2024, valued at 2.69 billion USD. This segment's leadership position is attributed to its versatility and cost-effectiveness in various applications, particularly in food packaging and industrial wrapping. LDPE and LLDPE films offer superior flexibility, excellent moisture barrier properties, and chemical inertness, making them ideal for both shrink and LLDPE stretch film applications. The segment's growth is further bolstered by continuous innovations in resin technology and increasing demand from e-commerce and retail sectors. Major manufacturers are focusing on developing sustainable LDPE and LLDPE films with enhanced recycling capabilities and improved performance characteristics, while also incorporating post-consumer recycled content to meet growing environmental concerns.

PVC Segment in North America Shrink and Stretch Film Market

The PVC segment represents a significant portion of the market, with manufacturers continuously innovating to enhance its performance characteristics and sustainability profile. Despite environmental concerns, PVC films maintain their importance in specific applications due to their excellent clarity, high shrink force, and cost-effectiveness. The segment is witnessing technological advancements focused on reducing environmental impact while maintaining performance benefits. Manufacturers are developing new PVC formulations with improved recyclability and reduced chlorine content, addressing environmental concerns while preserving the material's advantageous properties for shrink film applications. The segment's evolution is particularly evident in the beverage and consumer goods sectors, where PVC shrink sleeves continue to provide superior conformability and aesthetic appeal for complex container shapes.

Remaining Segments in Material Segmentation

The remaining segments, including PET and other materials like polystyrene (PS), play crucial roles in specific applications within the shrink and stretch film market. PET films are particularly valued in high-end applications requiring superior clarity and heat resistance, especially in beverage and personal care packaging. The other materials segment, comprising specialized polymers and innovative blends, caters to niche applications requiring specific performance characteristics. These segments continue to evolve with technological advancements and increasing focus on sustainability, with manufacturers developing new formulations that offer improved recyclability and enhanced performance properties. The development of bio-based alternatives and other innovative materials within these segments demonstrates the industry's commitment to addressing environmental concerns while meeting diverse application requirements.

Segment Analysis: By Application Type

Material Handling Segment in North America Shrink and Stretch Film Market

Material handling applications represent the dominant segment in the North American shrink and stretch film market, commanding approximately 37% market share in 2024. The segment's leadership position is driven by the extensive use of stretch and shrink film in warehousing, distribution, and logistics operations across the region. These films are particularly valued for their ability to secure and protect pallet loads during storage and transportation, while also offering cost advantages compared to traditional packaging solutions like corrugated boxes. The material handling segment benefits from the growing adoption of automated stretch wrapping systems that enhance operational efficiency and ensure consistent load containment. Additionally, the development of thinner yet stronger films has enabled companies to achieve better load stability while reducing material usage, making it an increasingly attractive option for large-scale distribution operations.

Food and Beverage Segment in North America Shrink and Stretch Film Market

The food and beverage segment is emerging as the fastest-growing application area in the North American shrink and stretch film market, with an expected growth rate of approximately 4% from 2024 to 2029. This robust growth is driven by increasing demand for packaged food products and beverages, coupled with the superior protection and preservation capabilities offered by shrink and stretch films. The segment's expansion is further supported by innovations in film technology that enhance food safety and extend shelf life while maintaining product freshness. The rise in e-commerce food delivery services and the need for secure packaging solutions during transportation has also contributed to the segment's growth. Additionally, the development of sustainable and recyclable film options specifically designed for food contact applications is creating new opportunities within this segment.

Remaining Segments in Application Type

The consumer goods, pharmaceutical, and other packaging segments each play vital roles in shaping the North American shrink and stretch film market. The consumer goods segment is particularly significant in personal care and household products packaging, where shrink sleeves provide enhanced branding opportunities and tamper-evident protection. The pharmaceutical segment emphasizes specialized films that meet strict regulatory requirements and ensure product integrity throughout the supply chain. Other packaging applications serve diverse industries including industrial products, construction materials, and retail goods, where these films provide cost-effective bundling and protection solutions. Each of these segments continues to evolve with technological advancements and increasing focus on sustainable packaging solutions.

North America Shrink and Stretch Film Market Geography Segment Analysis

North America Shrink and Stretch Film Market in the United States

The United States dominates the North American shrink and stretch film market, commanding approximately 82% of the total market share in 2024. The country's market leadership is driven by its robust manufacturing sector, extensive retail networks, and advanced logistics infrastructure. The presence of major players like Berry Global Inc. and Sealed Air Corporation has fostered continuous innovation in sustainable packaging film solutions. The market is particularly strong in the food and beverage sector, where shrink and stretch films are extensively used for bundling and securing products during transportation. The country's emphasis on sustainable packaging solutions, coupled with the increasing adoption of automation in packaging processes, continues to drive market growth. Additionally, the e-commerce boom has created substantial demand for protective pallet wrap solutions, further strengthening the market position of shrink and stretch films in the United States.

North America Shrink and Stretch Film Market in Mexico

Mexico emerges as the most dynamic market in the region, projected to grow at approximately 8% during the forecast period 2024-2029. The country's rapid industrialization and growing manufacturing sector, particularly in automotive and consumer goods, are driving significant demand for packaging solutions. Mexico's strategic geographical location and trade agreements with the United States and Canada have attracted substantial investments in packaging infrastructure. The country has witnessed increased adoption of advanced packaging technologies, with local manufacturers upgrading their capabilities to meet international standards. The presence of manufacturing facilities from global players like Taghleef Industries and Berry Global has strengthened the market ecosystem. The food and beverage industry remains a key growth driver, with increasing demand for secure and efficient pallet packaging solutions. Moreover, the rising focus on sustainable packaging solutions and government initiatives supporting manufacturing sector growth have created favorable conditions for market expansion.

North America Shrink and Stretch Film Market in Canada

Canada represents a sophisticated market for shrink and industrial shrink film, characterized by strong environmental regulations and sustainability initiatives. The country's packaging industry has shown remarkable adaptability in embracing eco-friendly solutions, with many manufacturers focusing on developing recyclable and biodegradable films. The presence of key industry players like Intertape Polymer Group has fostered innovation in sustainable packaging solutions. Canadian manufacturers have been particularly successful in developing films with enhanced performance characteristics while reducing material usage. The food and beverage sector remains a primary demand driver, with increasing requirements for secure and tamper-evident packaging solutions. The country's robust pharmaceutical and healthcare sectors have also contributed significantly to market growth, particularly in demanding specialized packaging solutions. Additionally, Canada's strong focus on research and development has led to the introduction of advanced films with improved mechanical properties and environmental performance.

North America Shrink and Stretch Film Industry Overview

Top Companies in North America Shrink and Stretch Film Market

The North American shrink and stretch film market is characterized by continuous product innovation and strategic developments from major players like Berry Global, Amcor, Sealed Air Corporation, and Dow Inc. Companies are heavily investing in research and development to create sustainable flexible packaging solutions, with a particular focus on recyclable and bio-based materials. Operational agility is demonstrated through the establishment of multiple manufacturing facilities across the region, enabling quick response to market demands and efficient supply chain management. Strategic moves include significant investments in capacity expansion, technology upgrades, and the development of new production lines. Market leaders are also pursuing vertical integration strategies to maintain better control over raw material supplies and distribution networks, while simultaneously expanding their presence through strategic acquisitions and partnerships to strengthen their market position.

Consolidated Market with Strong Global Players

The North American shrink and stretch film market exhibits a moderately consolidated structure dominated by global conglomerates with diverse product portfolios and strong manufacturing capabilities. These major players leverage their extensive distribution networks, technological expertise, and economies of scale to maintain their market positions. The market also includes several regional specialists focusing on niche applications and specific end-user segments, contributing to the competitive dynamics. Merger and acquisition activities remain robust, with larger companies actively acquiring smaller, innovative firms to expand their product offerings and geographical presence.


The competitive landscape is further shaped by the presence of integrated manufacturers who control multiple stages of the value chain, from raw material production to end-product distribution. Market participants are increasingly focusing on sustainability initiatives and circular economy solutions, driving partnerships and collaborations across the value chain. The barrier to entry remains relatively high due to substantial capital requirements, established customer relationships, and the need for advanced manufacturing capabilities, which contributes to the market's consolidated nature.

Innovation and Sustainability Drive Future Success

Success in the North American shrink and stretch film market increasingly depends on companies' ability to develop sustainable solutions while maintaining product performance and cost-effectiveness. Market leaders are investing in advanced recycling technologies and circular economy initiatives to address growing environmental concerns and regulatory pressures. The ability to offer customized solutions, maintain strong customer relationships, and provide technical support services has become crucial for maintaining market share. Companies are also focusing on digital transformation and automation to improve operational efficiency and reduce costs.


For contenders looking to gain ground, specialization in high-growth segments and the development of innovative, eco-friendly solutions present significant opportunities. The market shows moderate buyer concentration, with large industrial and retail customers wielding significant bargaining power. While substitution risk exists from alternative packaging film materials, the superior performance characteristics and cost-effectiveness of shrink film continue to support market growth. Regulatory changes, particularly regarding recycling and sustainability, are reshaping the competitive landscape and creating opportunities for companies with strong environmental credentials. Success in this evolving market requires a balanced approach to innovation, sustainability, and operational excellence.

North America Shrink and Stretch Film Market Leaders

  1. Berry Global Inc.

  2. Klockner PentaPlast Group

  3. Amcor PLC

  4. Clondalkin Group Holdings BV

  5. Dow Inc.

  6. *Disclaimer: Major Players sorted in no particular order
North America Shrink and Stretch Film Market Concentration
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North America Shrink and Stretch Film Market News

  • March 2024: Paragon Films, a US manufacturer of value-added, ultra-high-performance stretch film products, announced the launch of Beyond PCR, a thin-gauge machine film derived from certified-pending, post-consumer recycled content. The 55-gauge machine film is the latest addition to Paragon Films’ SVPR (Sustainability: Virgin Plastic Reduction) product line. It comprises thin-gauge, ultra-high-performance stretch films that enable extreme down-gauging. It also uses less virgin plastic.
  • February 2024: Charter Next Generation (CNG), a North American innovator in sustainable film, announced the expansion of its Titanium 5 Stretch Hood film line to include Titanium 5P with 20% post-consumer recycled content (PCR). The new film is road-tested and delivers the same or better performance than traditional film while contributing to the attainability of environmental goals.

North America Shrink & Stretch Film Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitutes
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Industry Ecosystem Analysis with an Emphasis on Circular Economy
  • 4.4 Regulatory Framework
  • 4.5 Shrink and Stretch Film Pricing Analysis

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Rising Demand From Industrial Sector
    • 5.1.2 The Need for Tamper-evident Protection in Material Handling
  • 5.2 Market Challenges
    • 5.2.1 Recycling Challenges

6. MARKET SEGMENTATION

  • 6.1 Product Type
    • 6.1.1 Hoods
    • 6.1.2 Wraps
    • 6.1.3 Sleeve Labels
  • 6.2 Material
    • 6.2.1 Low-density Polyethylene (LDPE) and Linear Low-density Polyethylene (LLDPE)
    • 6.2.2 Polyvinyl chloride (PVC)
    • 6.2.3 Polyethylene terephthalate (PET)
    • 6.2.4 Other Materials
  • 6.3 End-use Industry
    • 6.3.1 Food and Beverage
    • 6.3.2 Consumer Goods
    • 6.3.3 Pharmaceutical
    • 6.3.4 Industrial
    • 6.3.5 Other End-use Industries
  • 6.4 Geography
    • 6.4.1 United States
    • 6.4.2 Canada

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Berry Global Inc.
    • 7.1.2 Klockner Pentaplast Group
    • 7.1.3 Amcor Group GmbH
    • 7.1.4 Clondalkin Group Holdings BV
    • 7.1.5 Dow Inc.
    • 7.1.6 Taghleef Industries LLC
    • 7.1.7 Sealed Air Corporation
    • 7.1.8 Intertape Polymer Group Inc.
    • 7.1.9 Emsur Macdonell SA
    • 7.1.10 Transcontinental Inc.
  • *List Not Exhaustive
  • 7.2 Heat Map Analysis
  • 7.3 Competitor Analysis - Emerging Vs. Established Players

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

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North America Shrink and Stretch Film Industry Segmentation

The scope of the study characterizes the shrink and stretch film market based on the raw materials, including LDPE, LLDPE, PVC, PET, and other materials used across various end-use industries such as food, beverages, pharmaceuticals, consumer, industrial, and other end-use industries across the two countries. The research also examines underlying growth influencers and significant industry vendors, all of which help to support market estimates and growth rates throughout the anticipated period.

The North American shrink and stretch film market is segmented by product type (hoods, wraps, and sleeve labels), material (low-density polyethylene (LDPE) and linear low-density polyethylene (LLDPE), polyvinyl chloride (PVC), and polyethylene terephthalate (PET), and other materials), end-use industry (food and beverage, consumer goods, pharmaceutical, industrial, and other end-use industries), and country (United States and Canada). The report offers market sizes and forecasts in terms of value (USD) for all the above-mentioned segments.

Product Type Hoods
Wraps
Sleeve Labels
Material Low-density Polyethylene (LDPE) and Linear Low-density Polyethylene (LLDPE)
Polyvinyl chloride (PVC)
Polyethylene terephthalate (PET)
Other Materials
End-use Industry Food and Beverage
Consumer Goods
Pharmaceutical
Industrial
Other End-use Industries
Geography United States
Canada
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North America Shrink & Stretch Film Market Research FAQs

How big is the North America Shrink And Stretch Film Market?

The North America Shrink And Stretch Film Market size is expected to reach USD 5.32 billion in 2025 and grow at a CAGR of 3.73% to reach USD 6.39 billion by 2030.

What is the current North America Shrink And Stretch Film Market size?

In 2025, the North America Shrink And Stretch Film Market size is expected to reach USD 5.32 billion.

Who are the key players in North America Shrink And Stretch Film Market?

Berry Global Inc., Klockner PentaPlast Group, Amcor PLC, Clondalkin Group Holdings BV and Dow Inc. are the major companies operating in the North America Shrink And Stretch Film Market.

What years does this North America Shrink And Stretch Film Market cover, and what was the market size in 2024?

In 2024, the North America Shrink And Stretch Film Market size was estimated at USD 5.12 billion. The report covers the North America Shrink And Stretch Film Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the North America Shrink And Stretch Film Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

North America Shrink And Stretch Film Market Research

Mordor Intelligence provides a comprehensive analysis of the North America shrink and stretch film industry. With decades of expertise in flexible packaging research, our detailed report covers the entire range of products. These include stretch film, shrink film, plastic wrap, and pallet wrap applications. The analysis delves into various technical specifications, such as LLDPE stretch film, LDPE stretch film, and polyethylene stretch film. It offers insights into industrial packaging film and industrial wrapping film segments.

Stakeholders gain valuable insights into secondary packaging trends and protective packaging innovations through our easily downloadable report PDF. The research examines industrial shrink film and industrial cling film applications, along with bundling film solutions for diverse industry needs. Our analysis also covers pallet packaging efficiency improvements and emerging technologies in industrial stretch film development. The report delivers actionable intelligence for manufacturers, distributors, and end-users in the packaging film sector, with a focus on optimizing stretch and shrink wrap strategies.