Press release
Shrink Wrapping Machine Market is Expected to Reach $1,032.0 Million, By Top Leading Companies Aetna Group S.p.A. (ROBOPAC), Axon, Clamco, Duravant LLC, Massman Automation Designs LLC, Robert Bosch Packaging Technology GmbH, Standard-Knapp, Inc, Texwrap P
The global shrink wrapping machines market is projected to witness significant growth in the coming years due to increase in adoption of protected shipment of packaged goods in countries such as China, Australia, India, and other South Asian countries. Nations such as the U.S., Germany, and Japan have started using shrink wrapping machines due to surge in e-commerce sectors. Furthermore, the L-bar sealer machines market is expected to experience rapid growth in the emerging economies due to rise in the food & beverage, dairy products, wine & spirits, pharmaceuticals, health & beauty, and household article industries.According to a new report published by Allied Market Research, titled,"Shrink Wrapping Machines Market by Process, Product Type, End -User,: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global shrink wrapping machines market is expected to reach $617.0 million by 2025, from $1,032.0 million in 2017, growing at a CAGR of 6.5% from 2018 to 2025. The L-bar sealers segment dominated the global market in terms of revenue, accounting for highest share in 2017 and is expected to witness significant growth during the forecast period.
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Shrink wrapping machine is an appliance that is used to shrink wrap polymer plastic film for packaging application. It is used in heat shrink packaging that includes a sealer and heat source to apply heat to the shrink wrap. There is wide range of shrink wrapping machines based on shrink wrapping type, which includes centerfold shrink wrap, shrink sleeves, shrink tubing, shrink banding, and shrink tape. These machines are used to serve food & beverage, industrial packaging, medical, pharmaceutical, and manufacturing industries. Based on machine type, it is categorized into L-bar sealers, I-bar sealers, and others. The shrink wrapping machines consist of sealer, vacuum stacker, shrinking tunnel, conveyer, stacking position, and end sealer & cutter.
The growth of the global shrink wrapping machines market is driven by rise in use of shrink wrap in personal products such as perfume, shampoos, luxury items, and others. In addition, increase in shrink wrapping machines due to its increasing use to wrap many types of packaging such as cartons, boxes, beverage cans, and pallet loads is further expected to boost the demand for shrink wrapping machines across the world. Growth in the retail items market along with increase in online sales market is anticipated to provide potential growth opportunities for the key players operating in the market. However, government regulation to limit the use of plastic films and restriction on packaging quantity and size is expected to restrain the growth of the global shrink wrapping machines market. Moreover, rise in e-commerce industries is expected to offer lucrative growth opportunities for the shrink wrapping machine industries in the near future.
The I-bar sealers segment accounted for second highest revenue generation in the global shrink wrapping machine market in 2017, and is projected to grow at a significant CAGR during the forecast period. Based on end-user, the food & beverages segment is expected to account for the highest market share throughout the forecast period. The I-bar sealers save packaging material and labor cost to provide productivity and marketability, which boost their demand in the market.
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Based on process, the automatic segment is expected to account for the largest share in the global market during the forecast period, owing to increase in use of shrink wrapping in pharmaceutical and food & beverage industries in Asia-Pacific. Moreover, U.S. in North America region is expected to hold the highest market share. The U.S. Packaging & Wrapping LLC is one of the largest wholesale suppliers of all types of shrink wrapping machines including L-bar sealers and I-bar sealers in North America.
Prominent players, such as Aetna Group S.p.A. (ROBOPAC), Axon, Clamco, Duravant LLC, Massman Automation Designs LLC, Robert Bosch Packaging Technology GmbH, Standard-Knapp, Inc, Texwrap Packaging Systems, Tripack, and Conflex Incorporate have adopted various strategies to expand their market foothold.
Key Benefits for Shrink Wrapping Machine Market:
• The study provides an in-depth analysis of the global shrink wrapping machine market along with the current trends and future estimations to elucidate the imminent investment pockets.
• Information about the key drivers, restraints, and opportunities and their impact analysis on the market is included in the study.
• Porters five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
• The quantitative analysis of the global shrink wrapping machine market from 2017 to 2025 is provided to determine the market potential.
Table of Content:
Chapter: 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
Chapter: 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
Chapter: 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. PORTER’S FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Increases shelf-life of the product
3.4.1.2. Ease of handling and transportation
3.4.1.3. Increased safety of bundled products
3.4.2. Restraints
3.4.2.1. Stringent Government regulation
3.4.2.2. Restricted wrapping quantity and height
3.4.3. Opportunities
3.4.3.1. Growing trend of e-commerce market
3.4.3.2. Demand to keep grocery fresh during transportation
Chapter: 4: SHRINK WRAPPING MACHINE MARKET, BY PROCESS
4.1. OVERVIEW
4.2. AUTOMATIC
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. SEMI-AUTOMATIC
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. MANUAL
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
Chapter: 5: SHRINK WRAPPING MACHINE MARKET, BY PRODUCT TYPE
5.1. OVERVIEW
5.2. L-BAR SEALERS
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. I-BAR SEALERS
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. OTHERS
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
Chapter: 6: SHRINK WRAPPING MACHINE MARKET, BY END-USER
6.1. OVERVIEW
6.2. FOOD AND BEVERAGES
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis by country
6.3. PERSONAL CARE
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis by country
6.4. PHARMACEUTICAL
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market analysis by country
6.5. INDUSTRIAL AND HOUSEHOLD
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market analysis by country
6.6. OTHERS
6.6.1. Key market trends, growth factors, and opportunities
6.6.2. Market size and forecast, by region
6.6.3. Market analysis by country
Chapter: 7: SHRINK WRAPPING MACHINE MARKET, BY REGION
7.1. OVERVIEW
7.2. NORTH AMERICA
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by Process
7.2.3. Market size and forecast, by Product Type
7.2.4. Market size and forecast, by End-User
7.2.4.1. U.S.
7.2.4.1.1. Market size and forecast, by Process
7.2.4.1.2. Market size and forecast, by Product Type
7.2.4.1.3. Market size and forecast, by End-User
7.2.4.2. Canada
7.2.4.2.1. Market size and forecast, by Process
7.2.4.2.2. Market size and forecast, by Product Type
7.2.4.2.3. Market size and forecast, by End-User
7.2.4.3. Mexico
7.2.4.3.1. Market size and forecast, by Process
7.2.4.3.2. Market size and forecast, by Product Type
7.2.4.3.3. Market size and forecast, by End-User
7.3. EUROPE
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by Process
7.3.3. Market size and forecast, by Product Type
7.3.4. Market size and forecast, by End-User
7.3.5. Market analysis by country
7.3.5.1. Germany
7.3.5.1.1. Market size and forecast, by Product Type
7.3.5.1.2. Market size and forecast, by UK
7.3.5.1.3. Market size and forecast, by End-User
7.3.5.2. France
7.3.5.2.1. Market size and forecast, by Process
7.3.5.2.2. Market size and forecast, by Product Type
7.3.5.2.3. Market size and forecast, by End-User
7.3.5.3. Italy
7.3.5.3.1. Market size and forecast, by Process
7.3.5.3.2. Market size and forecast, by Product Type
7.3.5.3.3. Market size and forecast, by End-User
7.3.5.4. UK
7.3.5.4.1. Market size and forecast, by Process
7.3.5.4.2. Market size and forecast, by Product Type
7.3.5.4.3. Market size and forecast, by End-User
7.3.5.5. Rest of Europe
7.3.5.5.1. Market size and forecast, by Process
7.3.5.5.2. Market size and forecast, by Product Type
7.3.5.5.3. Market size and forecast, by End-User
7.4. ASIA-PACIFIC
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast, by Process
7.4.3. Market size and forecast, by Product Type
7.4.4. Market size and forecast, by End-User
7.4.5. Market analysis by country
7.4.5.1. China
7.4.5.1.1. Market size and forecast, by Process
7.4.5.1.2. Market size and forecast, by Product Type
7.4.5.1.3. Market size and forecast, by End-User
7.4.5.2. Japan
7.4.5.2.1. Market size and forecast, by Process
7.4.5.2.2. Market size and forecast, by Product Type
7.4.5.2.3. Market size and forecast, by End-User
7.4.5.3. India
7.4.5.3.1. Market size and forecast, by Process
7.4.5.3.2. Market size and forecast, by Product Type
7.4.5.3.3. Market size and forecast, by End-User
7.4.5.4. Australia
7.4.5.4.1. Market size and forecast, by Process
7.4.5.4.2. Market size and forecast, by Product Type
7.4.5.4.3. Market size and forecast, by End-User
7.4.5.5. Rest of Asia-Pacific
7.4.5.5.1. Market size and forecast, by Process
7.4.5.5.2. Market size and forecast, by Product Type
7.4.5.5.3. Market size and forecast, by End-User
7.5. LAMEA
7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast, by Process
7.5.3. Market size and forecast, by Product Type
7.5.4. Market size and forecast, by End-User
7.5.5. Market analysis by country
7.5.5.1. Latin America
7.5.5.1.1. Market size and forecast, by Process
7.5.5.1.2. Market size and forecast, by Product Type
7.5.5.1.3. Market size and forecast, by End-User
7.5.5.2. Middle East
7.5.5.2.1. Market size and forecast, by Process
7.5.5.2.2. Market size and forecast, by Product Type
7.5.5.2.3. Market size and forecast, by End-User
7.5.5.3. Africa
7.5.5.3.1. Market size and forecast, by Process
7.5.5.3.2. Market size and forecast, by Product Type
7.5.5.3.3. Market size and forecast, by End-User
Chapter: 8: COMPANY PROFILES
8.1. AETNAGROUP S.P.A.
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Key strategic moves and developments
8.2. AXON, LLC
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.3. CLAMCO
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Product portfolio
8.3.4. Key strategic moves and developments
8.4. DURAVANT LLC
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Key strategic moves and developments
8.5. MASSMAN AUTOMATION DESIGNS, LLC (EDL PACKAGING ENGINEERS, INC)
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. Key strategic moves and developments
8.6. ROBERT BOSCH GMBH (ROBERT BOSCH PACKAGING TECHNOLOGY GMBH)
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. Business performance
8.6.6. Key strategic moves and developments
8.7. STANDARD-KNAPP, INC
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Product portfolio
8.8. TEXWRAP PACKAGING SYSTEMS
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Product portfolio
8.8.4. Key strategic moves and developments
8.9. TRIPACK
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.10. CONFLEX INCORPORATED
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Product portfolio
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