NEWARK, Del, March 20, 2024 (GLOBE NEWSWIRE) -- The global pallet stretch wrapping machine market had a valuation of US$ 366.9 million in 2023 and is expected to reach a size of US$ 472.2 million ...

Larger items, such as boats or machinery, can also benefit from shrink wrap due to its durability. Stretch wrap is a secondary packaging solution widely used for bundling products together ...

According to Sharan Raj, a lead analyst at Technavio for the tags and labels industry, “There will be an increase in demand for stretch and shrink films from the packaging and manufacturing ...

“They needed help learning how to implement data science, artificial intelligence and machine ... a pallet,” Rao explained. “What we can save in terms of 15 to 20 percent of shrink wrap ...