Market Research Industry Today
Wrapping Machine Market is set to witness steady growth during 2021-2031
Wrapping machines are used to wrap packages in stretch film, so as to maintain the quality of the products and ensures high production rates in the packaging industry. Wrapping machines can be of different forms such as vertical, ring, still or rotatory, and orbital wrappers.
Wrapping machine market is set to witness steady growth during 2021-2031. Demand for wrapping machine will witness steady recovery in short-term. The wrapping machine market is expected to expand in the upcoming years due to high demand of packaged goods and safe transportation of products with the significant CAGR.
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What is Driving Demand for Wrapping Machine?
The trend of modernization, which includes delivery of packaged goods to the door step is accelerating the demand for wrapping machines in the packaging industry. This in turn is expected to boost the growth of the wrapping machines market
The movement of industrial products and consumer goods to various places necessitates safe and secure packaging, which in turn is expected to increase the demand for wrapping machines. Additionally, the growing footprint of the wrapping machine market across the globe due to increase in packaging products is expected to fuel the growth of the wrapping machines market.
The wrapping machines market is escalating its footprint in the packaging industry across the world by providing safe and efficient transition of goods. Effective product wrapping is also likely to increase the presentation quality and consumer appeal of the product, which in turn, increases the demand for wrapping machines.
As the transportation and processing of delicate products increases the market for wrapping machine increases. Due to the need for high quality packaging with the surge in worldwide population, household income, and consumption capacity, the need of various packaged foods and drinks has augmented. This is increasing the demand for wrapping machine. It is also likely to drive the market growth as there is growing interest in differentiating different products on the market growth packaging.
Wide Range of Industry Applications of Wrapping Machine Likely to Augment Sales
Wrapping Machines are used in various industries such as healthcare, pharmaceuticals, personal care, and public professional services to attain a degree of customization with respect to handling and transporting material goods. Additionally, material goods are protected from moisture, damage, and dust by using wrapping film. It also improves the safety of the products.The control system and product handling of goods in food & beverages industry, is expected to witness high growth of wrapping machine market. Automatic wrapping machines are estimated to see higher growth than semi-automatic wrapping machines.
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What are the Key Challenges that may Restrain Growth of the Wrapping Machine Market?
The wrapping machine requires a high initial investment, which is slowing the expansion of worldwide market. The wrapping machine is designed to use a plastic film that is not environmentally friendly. Banning this film could limit the market for wrapping machines.
Also, the integration of the packaging process at the end of the production line represent the threat to the rating machinery market. Advanced wrapping machine with integrated packaging process and divers operation can hamper the growth of target market.
Who are the Key Manufacturers and Suppliers of Wrapping machine?
Some of the key players operating in the wrapping machine market are
- Robopack
- American-Newlong Inc.
- James Dawson Enterprises Ltd.
- Pyramid Packaging Inc.
- RPMI Packaging Inc.
- PackRite
- SpanTech
- Classic Packaging Corp.
- Adpak Machinery Systems Ltd
- Aetna Group S.p.A.
- Brenton
- LLC.
- FUJI PACKAGING GmbH
- Haloila Oy
- LoeschPack
- Messersì Packaging S.r.l.
- METTLER TOLEDO
- Nido Machineries
- Pieri srl
- Sampack India Private Limited.
- SPG Packaging Systems GmbH - H.Böhl
- TOSA S.p.a.
- Others.
Wrapping Machines Market: Segmentation
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Based on Machine Type:
- Shrink wrapping machine
- Banding
- Stretch wrapping machine
- Ring
- Pallet Wrapping Machine
- Reel Stretch
- Sleeve
- Spiral
- Fold
- Overwrapping machine
- Roll wrapping machine
- Mobile wrapping machine
- Foil and band
Based on Method:
- Wrap without seal
- Wrap with seal
Based on Operation Wrapping machine market is segmented as:
- Automatic
- Semi-automatic
- Arm
- Double Arm
- Rotating Arm
- Turntable
- Others
Based on Technology Wrapping machine market is segmented as:
- Vertical
- Horizontal
- Orbital
Based on End-User Wrapping machine market is segmented as:
- Healthcare Industry
- Packaging Industry
- Pharmaceutical Industry
- Public Professional Service Providers
- Soap & Detergent
- Food & Beverages Industry
- Personal Care Industry
- Others
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