Quadintel published a recovery-based report for Global “Wrapping Machine Market” that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2030) and develops reliable and approximative timeline estimations up to 2030.
Global Wrapping Machine Market is valued approximately USD 2.85 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.7 % over the forecast period 2020-2027.
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Wrapping machine is a type of machine used to roll up or wrap a group of products or a cylindrical product in a series of folding gluing operation or heat sealing for the formation of roll shaped pack. The growing food and beverages in consideration to factors like increasing population, increasing household income, and increasing spending capacity are the major factors driving the growth of the market. According to Statistia, in 2019, in US, the production capacity of wrapping through wrapping machine was 52.5 million metric tons, which is the largest production capacity all over the world which is followed by japan of 13.5 million metric tons. However, increasing attention of differentiating various products over the marketplace through packaging and the growing consumer awareness towards eating fresh food may impedes the growth of the market over the forecast period of 2020-2027. Also, rapid industrialization, increasing infrastructural development and increasing investments in food and beverages industry are some factors that are likely to increase the market growth during the forecast period.
Global Wrapping Machine markets regional analysis includes key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading region across the world in terms of market share owing to the expansion of food and beverage and pharmaceuticals industry in the region. Whereas, North America is also anticipated to exhibit highest growth rate over the forecast period 2020-2027. Factors such as technological advancements, favorable government regulations and policies as well as infrastructure development would create lucrative growth prospects for the Wrapping Machine market across Asia-Pacific region.
Major market player included in this report are:
Duravant LLC
Robert Bosch GmbH
Maillis Group
BEUMER Group GmbH & Co. KG
ProMach Inc.
Atlantic Corporation
Tetra Laval International S.A.
Lantech
Robert Reiser & Co., Inc.
Aetna group S.p.A.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Machine Type:
Stretch
Shrink
Others
By Mode of Operation:
Automatic
Semi-Automatic
By Application:
Beverages
Food
Chemicals
Personal care
Pharmaceuticals
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each types and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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