Press release
Industrial Laminating Machines Market Trends and Insights by 2027
Industrial Laminating Machines: IntroductionAn industrial laminating machine, also known as an industrial laminator, is a device which is used to seal documents or any other appropriate item that is fed into it with a protective layer which is mainly made of paper, plastic film, or foil. An industrial laminating machine combines two or more plies of materials on rolls.
Laminating process can be done in three ways which include wet-bond, dry-bond, and thermal. The industrial laminating machines consist of some accessories such as spreader rolls, edge guides, oil or water heating systems, and cooling rolls.
Industrial laminating machine is an easy-to-use machinery that provides high quality lamination to protect the goods and products. It uses the heat to seal the pouch or film and deliver durable laminate protection to the products.
The global industrial laminating machines market is projected to expand at a rapid pace during the forecast period owing to increase in demand for industrial laminating machines from different industries active in the medical and automotive sectors.
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Global Industrial Laminating Machines Market: Dynamics
Global Industrial Laminating Machines Market: Key Drivers
Increase in adoption of industrial lamination machines in health care industry is a major factor projected to propel the market in the next few years
Rise in adoption of industrial lamination machines for new applications such as advertising and photography is anticipated to fuel the industrial lamination machines market in the near future
Increase in disposable income of consumers is the major factor projected to propel the market in the next few years
Rise in demand for industrial laminating machines from aerospace, packaging, electronics, automotive, and other industries to laminate the components and products is anticipated to fuel the demand for industrial laminating machines
Development of new products along with advancement of technology in each aspect of life and boost in automation worldwide are further projected to drive the industrial laminating machines market, primarily due to its efficient, effective, faster and safer application, which is projected to propel the market growth
High Price of Industrial Laminating Machines Set to Hamper Market
Growth in penetration of digital printing machines is the major factor anticipated to hamper the market
High cost of lamination machine, lack of efficiency, and harsh working environment are some of the factors expected to hinder the global industrial laminating machines market in the next few years
North America to Hold Major Share of Global Industrial Laminating Machines Market
In terms of region, the global industrial laminating machines market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
North America dominated the global industrial laminating machines market in 2018 due to industrialization and technological advancement in the region. The U.S. is a key market in North America due to high demand for industrial laminating machines in the country. Europe is anticipated to hold the second largest share of the global industrial laminating machines market in 2019.
Asia Pacific is expected to witness maximum demand for industrial laminating machines from 2019 to 2027. China and India are the key markets in the region. The market in Asia Pacific is growing rapidly due to growing industrial packaging and automotive health care infrastructure in the region.
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Global Industrial Laminating Machines Market: Competitive Landscape
Key Players Operating in Global Industrial Laminating Machines Market
Several local, regional, and International players manufacture industrial laminating machines. Hence, the industrial laminating machines market is fragmented and the bargaining power of buyers is low. The degree of competition among market players is also low. Industrial laminating machines manufacturers are focused on product differentiation and portfolio expansion strategies. Rapid technological advancements have led to a threat of substitution in the industrial laminating machines market.
Key players operating in the global industrial laminating machines market include:
HMT Manufacturing, Inc.
Faustel, Inc.
Black Bros. Co.
Monotech Systems Ltd.
Graphco
Kenmec Group
Equinox Precision Corp.
Comexi Group Industries
FRIMO Group GmbH
Menzel Maschinenbau
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