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Stretch Wrap Machines Market Analysis, Trends, Growth Prospects Forecast to 2025
Stretch Wrap Machines Market: OverviewStretch wrap is the continuous, elastic and stretchable thin plastic film which is wrapped around items to protect them from environmental contamination and is used for shipping, storing and handling products. Stretch wrapping is one of the most commonly used specialized plastic packaging systems. Wrapping and sealing (sometimes without a sealer) are the two stages involved in the stretch wrapping process. Stretch wrapping is a system used mainly for unitization and primary packaging systems. To implement the packaging accurately, stretch wrap machines are used which prove to be quite practical in wrapping all kinds of palletized products and offer power pre stretch of up to 200-250% and over efficiency of up to 15-20 pallets per hour. Stretch wrap machines are manually powered and electrically powered devices used to apply stretch films to various products and goods. Ramp, forklift stops, pallet grips, film delivery systems (FDS), etc. are some of the additional options in some of the stretch wrap machines which make them more reliable in carrying out specific tasks. With advancements in technology used, it has now become easy to set up correct parameters for wrapping while also controlling the rotation speed of machine, roping & banding, carriage speed and containment force. Anti-fall devices, emergency stops, roll carriage location and roll carriage safety stops are some of the important features incorporated into stretch wrap machines to make them more user friendly and safe.
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Stretch Wrap Machines Market: Dynamics
Drivers:
Reduced product loss and material costs are the major factors driving the growth of the global stretch wrap machines market over the forecast period. Furthermore, reduction in labor costs -- it is now simple to load pallets onto a machine simply by pressing buttons -- is also expected to fuel the stretch wrap machines market during the forecast period. Increased effectiveness in comparison to traditional methods and decreased work fatigue are the other reasons helping stretch wrap machines gain traction in the market. Moreover, it is possible to wrap large and multiple pallets only through the use of stretch wrap machines and this factor is likely to add to the growth of the global stretch wrap machines market over the forecast period. Lastly, reduced work injury and discouraged load tampering are two other important factors expected to drive the global stretch wrap machines market over the forecast period.
Restraints:
Higher installation and manufacturing process costs are the factors likely to hamper the growth of the global stretch wrap machines market over the forecast period. Furthermore, noisy operation and poor clarity of the film due to crystallization experienced during the manufacturing process is also expected to hinder the global stretch wrap machines market growth.
Stretch Wrap Machines Market: Segmentation
Global stretch wrap machines market is segmented on the basis of product type, mode of operation and application. On the basis of product type, the global stretch wrap machines market is segmented into manual stretch wrap machines, turntable stretch wrap machines, robot stretch wrap machines and rotary arm stretch wrap machines. On the basis of mode of operation, global stretch wrap machines market is segmented into automatic, semi-automatic and manual. On the basis of application, global stretch wrap machines market is segmented into books, DVDs & CDs, startup businesses and toys, hampers & gifts.
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Stretch Wrap Machines Market: Market Participants
Some of the global stretch wrap machines market participants are:
Typhoon Packaging Systems Ltd
Youngsunpack Europe
Vibgyor Technoplus Pvt. Ltd.
Avi International Packaging Company
Minipack
Signode India
Dongguan Xutian Packing Machine Co., Ltd.
Beijing Omori Changkong Packing Machinery Co., Ltd.
Aetnagroup S.p.A.
Lantech
Stretch Wrap Machines Market: Region-wise Outlook:
North America, followed by Western Europe, is expected to account for a major share and is expected to continue to dominate the global stretch wrap machines market over the forecast period. Owing to growing trade in the region, Asia Pacific is expected to register significant growth in the global stretch wrap machines market during the forecast period. Eastern Europe and Latin America are expected to register stagnant growth over the forecast period.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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