In a world where more is more, where consumers are buying in bulk and club store popularity is on the rise, multipacking has in turn risen in popularity within the packaging industry. Consumers want the convenience of buying multiple of their favorite products at once and at a discount, and companies have been quick to jump on that bundling band wagon to compete and supply, looking for the best of the best in multipacking materials and machinery.
According to a recent study by Research and Markets (researchandmarkets.com), titled, “Stretch and Shrink Films Market in the US 2015-2019,” the stretch and shrink materials market in the U.S. is set to grow at a compound annual growth rate of 3.76% over that five year period.
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