Market Overview:
The global shrink wrap machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for shrink wrap machines from various end-use industries, such as food & beverage, printing & publications, consumer goods, medical & pharmaceuticals and others. In addition, the growing demand for automatic machines over semi-automatic machines is also contributing to the growth of this market.
Product Definition:
A Shrink Wrap Machine is a device used to shrink wrap products. This is done by heating the film and then applying it to the product. The heat causes the film to shrink around the product, forming a tight seal. This provides protection for the product and can also be used for marketing purposes.
Semi-Automatic Machines:
Semi-automatic machines are used for packaging products such as films, sheets and tubes. They help in wrapping the product with a shrink film cover which is then passed onto a shrinking machine. The shrinkage of semi-automatic machines is controlled by two factors: temperature and time.
The growth factor in the market for semi-automated wrap machine is determined by technology improvement along with growing demand from end use industries such as food & beverage, pharmaceuticals, consumer goods.
Automatic Machines:
Automatic machines are used for packaging and processing of shrink wrap film. It is a continuous feeding device that wraps the film around a product or part by using heat and pressure. The machine consists of rollers, heated shrinkage chamber, cooling system, drive mechanism & control system among others.
Application Insights:
The food and beverage application segment accounted for the largest revenue share in 2016. The global shrink wrap machine market is witnessing significant growth owing to its rising demand from the packaging of food products such as fruits, vegetables, snacks, beverages and pharmaceuticals. Shrink film is used in several applications including cold storage containers for perishable foods at supermarkets and hypermarkets; display cases for confectionery items; clamshell packaging of seafood; takeout meals packaged in boxes, bags or cans using polyethylene or paperboard materials; frozen foods packaged using cellophane or aluminum foil material etc.
The printing & publications application segment is expected to expand at a CAGR of XX% over the forecast period due to increasing use of plastic films across various industries such as electronics & appliances (housing), medical devices among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for shrink wrap machines in countries such as China, India, and Japan. In addition, rising investments by market players in developing countries are anticipated to fuel regional product demand during the forecast period.
The Europe market was valued at USD X million in 2017 and is expected to witness considerable growth over the next eight years owing to growing product adoption across various end-use industries such as food & beverage and printing & publications among others.
Growth Factors:
- Increasing demand for shrink wrap machines from the food and beverage industry as a result of the growing trend of ready-to-eat and ready-to-cook food products.
- Rising demand for shrink wrap machines from the pharmaceutical industry due to increasing regulations on product packaging.
- Growing popularity of shrink wrap machines in retail applications for product protection and brand enhancement purposes.
- Increasing use of shrink wrap machines in industrial applications such as automotive, electrical, and electronic manufacturing industries to protect products during transit or storage.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shrink Wrap Machine Market Research Report
By Type
Semi-Automatic Machines, Automatic Machines
By Application
Food & Beverage, Printing & Publications, Consumer Goods, Medical & Pharmaceutical, Others
By Companies
Douglas Machine Inc, Extreme Packaging, Heat Seal, Conflex, PAC Machinery, Minipack®-torre SpA, Linkx Systems Ltd, American Packaging Machinery, Sealed Air, Lachenmeier, Douglas Machine Inc, MSK Verpackungs-Systeme GmbH, Maripak
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Shrink Wrap Machine Market Report Segments:
The global Shrink Wrap Machine market is segmented on the basis of:
Types
Semi-Automatic Machines, Automatic Machines
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverage, Printing & Publications, Consumer Goods, Medical & Pharmaceutical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Douglas Machine Inc
- Extreme Packaging
- Heat Seal
- Conflex
- PAC Machinery
- Minipack®-torre SpA
- Linkx Systems Ltd
- American Packaging Machinery
- Sealed Air
- Lachenmeier
- Douglas Machine Inc
- MSK Verpackungs-Systeme GmbH
- Maripak
Highlights of The Shrink Wrap Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Semi-Automatic Machines
- Automatic Machines
- By Application:
- Food & Beverage
- Printing & Publications
- Consumer Goods
- Medical & Pharmaceutical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Shrink Wrap Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A shrink wrap machine is a device used to seal and shrink plastic film. It is typically used in the manufacturing of products such as food packaging, toys, and other consumer goods.
Some of the key players operating in the shrink wrap machine market are Douglas Machine Inc, Extreme Packaging, Heat Seal, Conflex, PAC Machinery, Minipack®-torre SpA, Linkx Systems Ltd, American Packaging Machinery, Sealed Air, Lachenmeier, Douglas Machine Inc, MSK Verpackungs-Systeme GmbH, Maripak.
The shrink wrap machine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Shrink Wrap Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Shrink Wrap Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shrink Wrap Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Shrink Wrap Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Shrink Wrap Machine Market Size & Forecast, 2018-2028
4.5.1 Shrink Wrap Machine Market Size and Y-o-Y Growth
4.5.2 Shrink Wrap Machine Market Absolute $ Opportunity
Chapter 5 Global Shrink Wrap Machine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Shrink Wrap Machine Market Size Forecast by Type
5.2.1 Semi-Automatic Machines
5.2.2 Automatic Machines
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Shrink Wrap Machine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Shrink Wrap Machine Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Printing & Publications
6.2.3 Consumer Goods
6.2.4 Medical & Pharmaceutical
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shrink Wrap Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Shrink Wrap Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Shrink Wrap Machine Analysis and Forecast
9.1 Introduction
9.2 North America Shrink Wrap Machine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Shrink Wrap Machine Market Size Forecast by Type
9.6.1 Semi-Automatic Machines
9.6.2 Automatic Machines
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Shrink Wrap Machine Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Printing & Publications
9.10.3 Consumer Goods
9.10.4 Medical & Pharmaceutical
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Shrink Wrap Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Shrink Wrap Machine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Shrink Wrap Machine Market Size Forecast by Type
10.6.1 Semi-Automatic Machines
10.6.2 Automatic Machines
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Shrink Wrap Machine Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Printing & Publications
10.10.3 Consumer Goods
10.10.4 Medical & Pharmaceutical
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Shrink Wrap Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Shrink Wrap Machine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Shrink Wrap Machine Market Size Forecast by Type
11.6.1 Semi-Automatic Machines
11.6.2 Automatic Machines
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Shrink Wrap Machine Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Printing & Publications
11.10.3 Consumer Goods
11.10.4 Medical & Pharmaceutical
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Shrink Wrap Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Shrink Wrap Machine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Shrink Wrap Machine Market Size Forecast by Type
12.6.1 Semi-Automatic Machines
12.6.2 Automatic Machines
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Shrink Wrap Machine Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Printing & Publications
12.10.3 Consumer Goods
12.10.4 Medical & Pharmaceutical
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Shrink Wrap Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Shrink Wrap Machine Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Shrink Wrap Machine Market Size Forecast by Type
13.6.1 Semi-Automatic Machines
13.6.2 Automatic Machines
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Shrink Wrap Machine Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Printing & Publications
13.10.3 Consumer Goods
13.10.4 Medical & Pharmaceutical
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Shrink Wrap Machine Market: Competitive Dashboard
14.2 Global Shrink Wrap Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Douglas Machine Inc
14.3.2 Extreme Packaging
14.3.3 Heat Seal
14.3.4 Conflex
14.3.5 PAC Machinery
14.3.6 Minipack®-torre SpA
14.3.7 Linkx Systems Ltd
14.3.8 American Packaging Machinery
14.3.9 Sealed Air
14.3.10 Lachenmeier
14.3.11 Douglas Machine Inc
14.3.12 MSK Verpackungs-Systeme GmbH
14.3.13 Maripak
