growth resumes for industrial pe packaging films. …
Economists believe that the economy is strengthening, the recession is over, and many processors of industrial packaging films are on the rise.
This is far from what happened in the fall of 2001, when the industrial packaging film business stalled and sales stopped for weeks.
The economic slowdown of the past year has had an impact on many small industrial film processors, some of which have turned off or submitted Chapter 11.
The recession has also prompted markets such as textiles that use industrial packaging films to go abroad.
Consumer confidence in the economy is a major factor in industrial PE film packaging.
Consumer spending is key to growth as consumer goods are increasingly being cross-packaged
Laminated film, foam packaging, heavy-duty-
Multiple work bags, luggage rack and counter bags
Wall bag, industrial liner, stretch film and shrink film.
PE packaging film consumption for industrial use is about 4.
1 billion pounds per year, accounting for about 24% of total PE film consumption.
Industrial Film processors predict that this major industry will exceed 6 billion by 2006, with an annual growth rate of 8%.
Largest Industrial Packaging-
Film products include stretch film, shrink film and industrial liner.
The tensile film accounts for about 34% of the industrial packaging part of PE and 18% of the shrink film.
Stretching and shrinking films also have the greatest potential for growth.
Stretch shrink film industry stretch film is still one of the largest and fastest growing PE film markets today.
Stretching during 2001-
Film consumption has slowed for the first time in nearly seven years.
Even some big stretch.
Sales of film makers fell by 5%.
The companies are also forecasting growth in the third and fourth quarters of 2002 and strong growth in 2003.
The average growth rate of stretch film is expected to reach 10% by 2006.
Shrink film and tray shrink bag and Shell are experiencing a recovery and stretch film has lost market share since the 1970 s.
Super Centers, wholesale clubs and discount stores are becoming more and more popular, and customers buy products in large quantities, which increases the demand for shrink films.
For example, case-
Packaging Shrink bag for bottled water is a quick package
A shrinking growth segmentfilm business.
In addition, the tray shrink bag and shield provide greater moisture and barrier protection than the stretch package, and need to cover heavier non-
Uniform pallet loads such as heavy equipment and gasoline-
Power engines, furniture, boats and other large objects.
Industrial padding is another promising area for filmmakers.
Industrial liners account for 25% of industrial packaging films.
The market is expected to grow at an annual rate of 7%.
Linear low-density polyethylene (llpolyethylene) is still the most popular than other pesllpolyethylene
Resin for industrial packaging film.
It is expected that the market\'s consumption of llannan will increase by more than 8% per year, accounting for about 66% of the total PE industrial packaging film by 2006.
The stretch film is a stronghold of llannan.
It is predicted that the consumption of resin for industrial packaging film will account for 29% of the total consumption.
Low density polyethylene resin is still the main material of shrink film due to its high definition and easy processing.
Polyethylene is also the preferred resin for pallet shrink film because of its heat
Mastio & Company based in StJoseph, Mo. , is a well-
A well-known consulting company specializing in industry
Consumer opinion research and market trends in the plastics industry.
For more information, please call (816)364-
6200 or visit www. mastio. com/pt/outlook. html.