December 6, 2023 The Numbers Are In: Plastic Film Isn’t Going Anywhere

Plastic film has grown in usage but can easily become a source of revenue for various businesses.

(Sheboygan, WI) Plastic, in its many forms, has dealt with its share of scrutiny, but the reality is that plastic film is not going anywhere. In a recent market report, shrink and stretch film are predicted to grow in both use and economic impact. According to Grand View Research, the annual growth rate for shrink and stretch films is expected to be 5.4% by 2030.

With this insight showing an upward trend in the use of plastic film, PolyWrap Recycling, Inc., makers of the RACK’N PAK® Recycle Bagging System, is seeking to help businesses of all sizes understand the importance of recycling plastic films.

“The reality is businesses in various industries are embracing the possibilities that plastic film offers related to their overall growth in distribution, storage and packaging,” explains Jim Theodoroff, President and co-owner of PolyWrap Recycling, Inc. “although we’d like to see a downward trend in the use of plastics, the good news side of this is that this material is easily recyclable and, when done properly, can add a revenue stream for any company, big or small.”

Why is stretch and shrink film so desirable? It’s inexpensive, has a long shelf-life and it compresses the items on the skid together for safer shipping. It’s also easier to use, transport and remove, making it a prime choice for various industries looking to save on expenses and labor.

For these reasons, the food and beverage industry has been a leader in the use of this material. Beverage Companies such as Reyes Beverage Group, Great Lakes Coca Cola, Reyes Coca Cola Bottling as well as many others, and food distribution companies such as US Foods and Sysco and others have seen the amount of stretch film being collected for recycling increase in the last 10 years with projections showing a continual steady increase of the next 10 years. All have locations currently using the RACK’N PAK® Recycle Bagging System to improve the efficiency of collecting and baling the material, while maximizing the materials value.

The growth in the use of plastic film isn’t just domestic or contained to the food and beverage industry. Plastic film is being utilized by companies globally in a variety of industries and the impact of a growing retail network, combined with innovations in products and overall population growth, are contributing to the global use of stretch and shrink films. With proper collection and recycling of shrink and stretch films, companies can partner with businesses from all over the world which can have more of a global economic impact.

“With the projected increase in use, it’s vital to implement an easy and efficient way to recycle stretch and shrink films,” said Jeff Haen, Vice President, and co-owner of PolyWrap Recycling, Inc. “Bulky, gaylord boxes have typically been used to collect plastic films. This method wastes valuable time, energy, space, and money. Efficiencies are needed as recycling isn’t just about sustainability, it’s a way for businesses to grow and prosper, too.”

Plastic film use, in its various forms, isn’t going to disappear as businesses around the world are continually recognizing the benefits plastic film offers. However, as the use of plastic film continues to grow, so should the collection and recycling of this product. “Recycling these and other materials needs to become ingrained within our companies and our processes. Not only will this benefit our planet, it’s also an area of economic opportunity,” said Haen.

PolyWrap Recycling, Inc. was founded in 2014 by James Theodoroff and Jeffrey Haen to create a system that simplifies how LDPE plastics are collected and recycled. The RACK’N PAK® Recycle Bagging System offers a simple yet highly effective method for improving efficiency and safety for any business that handles LDPE plastics. Manufactured and assembled in the USA.

Media Contact:
Katie Flanigan: (920) 965-7750 ext. 152
Leonard & Finco Public Relations
kflanigan@lfpublicrelations.com

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