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Sustainable Packaging Surge Fueling Growth In The Wrapping Machine Market: The Driving Engine Behind Wrapping Machine Market Evolution in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Wrapping Machine Market Size Growth Forecast: What to Expect by 2025?
The market for wrapping machines has significantly expanded in the last few years. Its growth is projected to increase from $3.59 billion in 2024 to $3.83 billion in 2025, with a compound annual growth rate (CAGR) of 6.7%. The previous growth can be associated with factors such as the surge in e-commerce, improvements in manufacturing efficiency, demand from the retail sector, decreased costs and increased labor efficiency, as well as the globalization of supply chains.
How Will the Wrapping Machine Market Size Evolve and Grow by 2029?
Anticipated to witness robust growth in the coming years, the wrapping machine market size is projected to inflate to $5.1 billion by 2029, registering a compound annual growth rate (CAGR) of 7.5%. The surge in the forecast period is associated with the emergence of sustainable packaging, customization and personalization advancements, rapidly changing retail patterns, expansion in pharmaceutical and healthcare industries, and compliance with food industry regulations. Significant trends anticipated in the forecast period include the incorporation of Industry 4.0 technologies, progress in packaging technology, eco-friendly packaging solutions, the boom in e-commerce, and the increased need for efficient last-mile delivery, flexibility, and customization.
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What Drivers Are Propelling the Growth of Wrapping Machine Market Forward?
The wrapping machine market is predicted to grow due to the increasing requirement for sustainable packaging. Such packaging is both designed and produced to minimize resource use, waste generation, and is recyclable or compostable. Wrapping machines play a pivotal role in sustainable packaging by employing recycled or bio-based materials to package products, and using labels or shrink wraps that limit the amount of packaging material needed. An example from January 2023 shares that Protega Global Ltd., a sustainable packaging supplier based in the UK, reported that 81% of consumers now demand sustainable packaging. Further data revealed that 73% of UK consumers prefer paper or cardboard packaging, 77% are in favor of minimalist packaging, and 66% prioritize recyclability. In addition, 49% of customers are prepared to pay a premium for sustainable choices, and 33% have even turned down purchases due to unsustainable packaging. Thus, the surging need for sustainable packaging is fuelling the expansion of the wrapping machine market.
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What Long-Term Trends Will Define the Future of the Wrapping Machine Market?
The key players in the wrapping machine market are concentrating on forging strategic partnerships as a way of gaining a competitive advantage within the market. These strategic collaborations involve two or more firms pooling their resources, knowledge, and skills to jointly achieve shared objectives. For example, in June 2022, Mondi, a packaging and paper company based in the UK, teamed up with EW Technology to introduce a new machine structured for improved efficiency and sustainability in paper pallet wrapping on small to medium production lines. This novel machine employs a complete reel of Mondi's Advantage StretchWrap paper, which allows clients to substitute the standard multi-layer plastic typically used in the sector. Mondi is dedicated to boosting sustainability in packaging solutions, and this partnership marks a significant progression in this objective.
What Are the Key Segments in the Wrapping Machine Market?
The wrapping machinemarket covered in this report is segmented -
1) By Type: Stretch, Shrink, Other Types
2) By Mode Of Operation: Semi-Automatic Wrapping Machine, Automatic Wrapping Machine
3) By Application: Food Industry, Beverages Industry, Personal Care, Pharmaceuticals, Chemicals, Other Applications
Subsegments:
1) By Stretch: Automatic Stretch Wrappers, Semi-Automatic Stretch Wrappers
2) By Shrink: Automatic Shrink Wrappers, Semi-Automatic Shrink Wrappers, Sleeve Shrink Wrapping Machines
3) By Other Types: Vacuum Wrapping Machines, Flow Wrapping Machines, Blister Packing Machines
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Who Are the Key Players Shaping the Wrapping Machine Market's Competitive Landscape?
Major companies operating in the wrapping machine market report are Mettler-Toledo International Inc., Signode Industrial Group LLC, ProMach Inc., Gerhard Schubert GmbH, Maillis Group S.A., LanTech LLC, Grupo ULMA S. Coop., Aetna International S.p.A., Wulftec International Inc., Bradman Lake Group Limited, Phoenix Packaging Inc., Cavanna S.p.A., Maschinenfabrik Gerd Mosca GmbH, PFM Packaging Machinery S.p.A., A.M.P. ROSE Limited, Brenton LLC, The Massman Companies, Technowrapp s.r.l., Movitec Wrapping Systems SL, Adpak Machinery Systems Ltd., American Packaging Machinery Inc., Atlanta Stretch S.p.A., Nido Machineries Company Limited, Sapphire Packaging Limited, SPG Packaging Systems GmbH, TOSA S.p.a., Vancebuild Ltd., Loesch Verpackungstechnik GmbH + Co. KG., Perks Engineering Limited, Pieri s.r.l.
What Geographic Markets Are Powering Growth in the Wrapping Machine Market?
Asia-Pacific was the largest region in the wrapping machine market in 2024. The regions covered in the wrapping machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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