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Shrink Wrapping Machine Market by Process, Product Type, and End User: Global Opportunity Analysis and Industry Forecast, 2018 - 2025

  • ID: 4828451
  • Report
  • January 2019
  • Region: Global
  • 244 Pages
  • Allied Analytics LLP
Shrink Wrapping Machine Market Overview:



The global shrink wrapping machine market was valued at $617.0 million in 2017 and is projected to reach $1,032.0 million by 2025, growing at a CAGR of 6.5% from 2018 to 2025. Shrink wrapping machines are used to shrink plastic films over multiple bundled product by applying heat in shrink tunnel or shrink chamber. These machines are available in various form depending upon the process of shrinking. Moreover, automatic shrink wrapping machines are known to have higher productivity and reduce labor cost and effort.

Shrink wrapping machine is sub-segment of wrapping machines industry that uses materials such as plastic films to pack the products, which are sealed using heat. Various reels are used in the process of wrapping the products. Some of the wrapping machines available in the market include shrink sleeve wrapping or labeling machine, banding machine, spiral wrapping machine, stretch wrapping machines, shrink wrapping machine, fold wrapping, and twist wrapping machine among others. Moreover, shrink wrapping machines capability in protecting products during transportation and increase in the shelf-life is driving the growth of the shrink wrapping machine market.

The global shrink wrapping machine market is segmented based on process, product type, end user, and region. Based on product type, the market is categorized into L-bar sealers, I-bar sealers, and others. By process, it is categorized into automatic, semi-automatic, and manual. On the basis of end user, it is divided into food & beverages, personal care, pharmaceutical, industrial & household, and others. The L-bar sealers segment is anticipated to dominate the shrink wrapping machine market throughout the study period.

The global shrink wrapping machine market is analyzed across four geographical regions, which include North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America and the Middle East & Africa). 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. Among regions, Asia-Pacific is expected to dominate the market throughout the forecast period.

The key players profiled in this report include 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 Incorporated.

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 & future trends to elucidate the imminent investment pockets.
Information about the key drivers, restraints, and opportunities and their impact analysis on the market is provided.
Porter’s five forces analysis illustrates the potency of 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.

Shrink Wrapping Machine Key Market Segments:

By Process

Automatic
Semi-Automatic
Manual

By Product Type

L-Bar Sealers
I-Bar Sealers
Others

By End-User

Food & Beverages
Personal Care
Pharmaceutical
Industrial & Household
Others

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
UK
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of APAC
LAMEA
Latin America
Middle East
Africa

Key Market Players Profiled in the Report

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
Conflex Incorporates
Frequently Asked Questions about the Global Shrink Wrapping Machine Market

What is the estimated value of the Global Shrink Wrapping Machine Market?

The Global Shrink Wrapping Machine Market was estimated to be valued at $617.0 million in 2017.

What is the growth rate of the Global Shrink Wrapping Machine Market?

The growth rate of the Global Shrink Wrapping Machine Market is 6.6%, with an estimated value of $1032.0 million by 2025.

What is the forecasted size of the Global Shrink Wrapping Machine Market?

The Global Shrink Wrapping Machine Market is estimated to be worth $1032.0 million by 2025.
Note: Product cover images may vary from those shown

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. PORTERS 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
Note: Product cover images may vary from those shown
According to this report 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.

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.

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.

Key Findings of the Shrink Wrapping Machines Market:

In 2018, the L-bar sealer segment dominated the global shrink wrapping machines market, in terms of revenue, and is projected to grow at a CAGR of 7.1% during the forecast period.
The automatic segment is anticipated to grow at a CAGR of 7.6% during the forecast period.
The food & beverages segment generated highest revenue in 2017 and is anticipated to grow at a significant CAGR.

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.
Note: Product cover images may vary from those shown

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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