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Global Wrapping Equipment Market to Witness a Pronounce Growth During 2024– Top Key players like ARPAC,BEUMER,Phoenix,Inc.
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Wrapping Equipment is an automatic or semi-automatic machine used to wrap mass product articles (such as biscuits, chocolates, and others) and large bag articles (such as pet food and cement), as well as aid in palletizing across industries. The report covers only secondary wrapping of large bundled products using stretch and shrink wrapping equipment. The stretch and shrink secondary wrapping segment is growing steadily, because it requires less space in a warehouse compared with corrugated boxes, which is a popularly used across end-users. A single pallet wrapping can hold as much as the 16 packs of corrugated boxes.
The price of stretch and shrink films is another key contributing factor aiding the growth of this market.
The Wrapping Equipment market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Wrapping Equipment.
Market Segment by Manufacturers, this report covers
ARPAC
BEUMER
Mollers North America
Pro Mach
Phoenix
Signode
Wulftec
Sealed Air
Lachenmeier
Market Segment by Type, covers
Stretch Wrapping
Shrink Wrapping
Others
Market Segment by Applications, can be divided into
Food And Beverage Industry
Chemical Industry
Others
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Related Information:
North America Wrapping Equipment Market Growth 2019-2024
United States Wrapping Equipment Market Growth 2019-2024
Asia-Pacific Wrapping Equipment Market Growth 2019-2024
Europe Wrapping Equipment Market Growth 2019-2024
EMEA Wrapping Equipment Market Growth 2019-2024
Global Wrapping Equipment Market Growth 2019-2024
China Wrapping Equipment Market Growth 2019-2024
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