Top 10 Companies in the Southeast Asia Hi-Performance Stretch Film Market (2025): Industry Leaders Securing Supply Chains

In Business Insights
December 23, 2025


The Southeast Asia Hi-Performance Stretch Film Market was valued at USD 381.5 Million in 2024 and is projected to reach USD 544.2 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period (2024–2030). This significant growth is fueled by the region’s booming e-commerce sector, expansion of manufacturing and logistics infrastructure, and the increasing demand for superior packaging solutions that ensure product integrity during transit across diverse and often challenging climatic conditions.

As supply chains across Southeast Asia become more sophisticated and integrated into global trade networks, the role of high-performance stretch film in protecting goods has never been more critical. In this blog, we profile the Top 10 Companies in the Southeast Asia Hi-Performance Stretch Film Industry—a group of leading manufacturers and innovators who are setting the standard for durability, reliability, and advanced packaging technology.

Download FREE Sample Report: Southeast Asia Hi-Performance Stretch Film Market – View in Detailed Research Report


🔟 1. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Offering: High-cling, Pre-stretch, Puncture-resistant Stretch Films

Mitsubishi Chemical Group is a global chemical giant with a significant presence in Southeast Asia’s advanced packaging materials market. The company produces a range of hi-performance stretch films known for their exceptional tensile strength and cling properties, catering to automated pallet wrapping systems in high-throughput logistics centers.

Innovation Initiatives:

  • Development of nano-enhanced films for superior puncture resistance

  • Investment in recyclable and bio-based resin technologies

  • Strategic partnerships with major logistics firms in Vietnam and Thailand


9️⃣ 2. Berry Global Inc.

Headquarters: Evansville, Indiana, USA
Key Offering: Machine-grade Cast Stretch Film, Hand Wrap Films

Berry Global is a leading global supplier of packaging and protection solutions, with a strong manufacturing and distribution network across Southeast Asia. The company’s hi-performance films are engineered for high-speed applications and provide excellent load retention, reducing film usage and waste.

Innovation Initiatives:

  • Focus on lightweighting films to reduce plastic consumption

  • Expansion of production facilities in Malaysia and Indonesia


8️⃣ 3. Sigma Stretch Film Corp. (Thailand)

Headquarters: Bangkok, Thailand
Key Offering: Sigma Stretch Film, Blown Stretch Film, Specialty Films

As one of Thailand’s largest domestic producers, Sigma Stretch Film Corp. has a dominant position in the regional market. The company specializes in both cast and blown stretch film production, offering products tailored to the specific humidity and temperature challenges of the Southeast Asian climate.

Innovation Initiatives:

  • Development of ultra-violet (UV) resistant films for outdoor storage

  • Customized solutions for the region’s agricultural and seafood export industries


7️⃣ 4. Intertape Polymer Group (IPG)

Headquarters: Sarasota, Florida, USA / Montreal, Canada
Key Offering: PowerStretch®, Ventilated Stretch Film, ESD Films

IPG has a robust presence in Asia-Pacific, offering a diverse portfolio of hi-performance films. Their products are designed for demanding applications, including securing irregularly shaped loads and protecting sensitive electronic components from static discharge during shipping.

Innovation Initiatives:

  • Launch of proprietary PowerStretch® brands with enhanced yield

  • Investment in anti-static and conductive film technologies

Download FREE Sample Report: Southeast Asia Hi-Performance Stretch Film Market – View in Detailed Research Report


6️⃣ 5. MANUPAK PUBLIC COMPANY LIMITED

Headquarters: Samut Prakan, Thailand
Key Offering: Pre-stretch Film, Hand Film, Color Stretch Film

MANUPAK is a key Thai manufacturer with a strong focus on the Southeast Asian market. The company produces a wide array of stretch films, including high-performance grades that offer excellent memory and recovery, ensuring loads remain tight and secure over long distances.

Innovation Initiatives:

  • Specialization in high-transparency films for easy product identification

  • Development of colored films for product categorization and brand security


5️⃣ 6. AEP Industries Inc. (now part of Berry Global)

Headquarters: (Regional Operations) Singapore
Key Offering: AEP STACKPAC® Stretch Film, Specialty Packaging Films

Leveraging the legacy of AEP Industries and the expansive network of Berry Global, this entity provides advanced stretch film solutions throughout Southeast Asia. Their STACKPAC® films are renowned for their consistent gauge and high performance on automated equipment.

Innovation Initiatives:

  • Integration of post-consumer recycled (PCR) content into film formulations

  • Solutions designed for the fast-moving consumer goods (FMCG) sector


4️⃣ 7. DUO PLAST AG

Headquarters: Oppenweiler, Germany
Key Offering: DUO Performance Plus, Agricultural Stretch Films

DUO PLAST AG, a German specialist, has a growing footprint in Southeast Asia, particularly in the industrial and agricultural packaging segments. The company’s hi-performance films are known for their durability and are often used for heavy-duty palletizing and silage wrapping.

Innovation Initiatives:

  • Expertise in multi-layer co-extrusion technology for enhanced film properties

  • Tailored solutions for the region’s growing agricultural export market


3️⃣ 8. Anchor Packaging

Headquarters: Crestwood, Illinois, USA (with ASEAN operations)
Key Offering: High-Performance Hand Films, Machine Films

Anchor Packaging supplies high-quality stretch films to diverse industries across Southeast Asia. Their products are engineered to provide superior puncture and tear resistance, which is critical for protecting goods on the often-lengthy supply routes within the ASEAN economic community.

Innovation Initiatives:

  • Focus on user-friendly hand films for small and medium-sized enterprises (SMEs)

  • Development of films with high tolerance for tropical humidity


2️⃣ 9. SCG Packaging PCL

Headquarters: Bangkok, Thailand
Key Offering: SCG Stretch Film, Integrated Packaging Solutions

SCG Packaging is a regional powerhouse and one of Southeast Asia’s largest integrated packaging companies. They offer a comprehensive range of hi-performance stretch films supported by extensive R&D capabilities and a deep understanding of local market dynamics.

Innovation Initiatives:

  • Commitment to sustainable packaging through the SCG Circular Way principle

  • Development of smart packaging solutions with traceability features


1️⃣ 10. Univacco Solutions Pte. Ltd.

Headquarters: Singapore
Key Offering: High-Clarity Cast Film, Specialty Co-extruded Films

Univacco Solutions is a significant supplier based in the logistics hub of Singapore, serving markets across Southeast Asia. The company specializes in high-clarity, high-performance cast stretch films that provide excellent load visibility and strength for premium product shipments.

Innovation Initiatives:

  • Focus on films with low noise generation for improved working environments

  • Customized solutions for the electronics and pharmaceutical industries

Get Full Report Here: Southeast Asia Hi-Performance Stretch Film Market – View in Detailed Research Report


🌍 Outlook: The Future of Hi-Performance Stretch Film in Southeast Asia

The Southeast Asia hi-performance stretch film market is evolving rapidly, moving beyond basic protection to embrace sustainability, digitalization, and enhanced functionality. As regional trade agreements like the RCEP (Regional Comprehensive Economic Partnership) facilitate closer economic ties, the demand for robust and intelligent packaging will only intensify.

📈 Key Trends Shaping the Market:

  • Accelerated adoption of automated pallet wrapping systems in new logistics hubs

  • Growing regulatory and consumer pressure driving the development of recyclable and bio-based films

  • Integration of smart features such as QR codes and NFC tags directly into film layers for supply chain visibility

  • Strategic expansions and joint ventures by global players to localize production and reduce costs

Get Full Report Here: Southeast Asia Hi-Performance Stretch Film Market – View in Detailed Research Report

The companies leading this market are not just supplying a product; they are providing the essential safety net for Southeast Asia’s economic growth, ensuring that goods move securely from factory floors to international consumers.