Market Overview:
The global stretch wrapper market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for packaged food and beverages, pharmaceuticals, and consumer goods. Additionally, the growing construction and automotive industries are also contributing to the growth of the stretch wrapper market. The manual stretch wrapper segment is projected to grow at a CAGR of 5.8% from 2018 to 2030, while the semiautomatic stretch wrapper segment is projected grow at a CAGR of 4%. The automatic stretch wrappers are expected witness highest growth rate during forecast period owing high adoption rates in developed countries such as U.S.
Product Definition:
Stretch wrapper is a machine used to wrap products such as boxes, pallets or rolls of paper or film around a central core. The stretch wrapper consists of an inflatable bladder that wraps around the product and a motor that inflates the bladder.
Manual Stretch Wrapper:
Manual stretch wrapper is a device used for manually stretching film or fabric. It is also known as manual stitcher or hand operated stretcher. The major application of this device includes packaging of industrial and medical textiles, garments & fabrics, home furnishings such as bedding and upholstery, automotive interiors & exteriors along with other nonwovens like geotextiles and solar cells.
Semiautomatic Stretch Wrapper:
Semiautomatic stretch wrapper is a device used for wrapping and protecting elastic materials such as bandages, roll bandages, elastic stockings or other flexible medical devices. It helps in maintaining the dimensions of the product and provides an even surface finish.
The stretch wrapper consists of two main components namely; a frame that holds the material to be wrapped and a roller that applies pressure on to the material in order to force it into submission.
Application Insights:
The food and beverage application segment accounted for the largest revenue share in 2017. This is attributed to the high demand for stretch wraps from various industries including bakery, dairy, meat processing, and processed food among others. The use of stretch wraps helps manufacturers pack more into smaller packages which results in increased shelf life of packaged products. These are used as a primary packaging solution by several companies owing to its advantages such as ease of use along with better protection against damage &robbing during transportation or handling among others.
Stretch wraps help manufacturers in pharmaceutical industry to pack tablets & capsules efficiently while maintaining their integrity throughout the supply chain process without getting damaged or contaminated along the way which eventually leads to improved quality control at every stage resulting in higher product acceptance across all channels ultimately driving growth over next few years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with the U.S. being a major contributor to regional growth.
Asia Pacific stretch wrapper market is projected to witness significant gains over the next eight years owing to increasing demand from end-use industries such as pharmaceutical and automotive among others located in countries such as China, India, Japan.
Growth Factors:
- Increasing demand for packaged food products: The global stretch wrapper market is expected to grow at a CAGR of 5.5% from 2017 to 2025, owing to the increasing demand for packaged food products. This is mainly due to the changing lifestyle and growing disposable income of consumers in developing countries.
- Rising trend of online shopping: The growth of online shopping has led to an increase in the demand for packaging machines that can handle large packages and are easy to use. Stretch wrappers are ideal for this type of packaging and are thus witnessing high adoption rates in e-commerce companies.
- Growing popularity of automated machines: Automated machines offer several advantages over manual ones, such as increased efficiency and reduced labor costs. This has led to a rise in the adoption rate of automated stretch wrappers across various industries worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stretch Wrapper Market Research Report
By Type
Manual Stretch Wrapper, Semiautomatic Stretch Wrapper, Automatic Stretch Wrapper
By Application
Food & Beverage, Pharmaceutical, Consumer, Construction, Chemical, Automotive, Industrial
By Companies
Signode Industrial Group, Webster Griffin, M. J. Maillis Group, Packway, ProMach, Italdibipack, Hangzhou Youngsun Intelligent Equipment, AETNA Group, ARPAC, Lantech, Signode Industrial Group, Cousins Packaging, Berran Industrial Group, G.G. Macchine, Krishna Engineering Works
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Stretch Wrapper Market Report Segments:
The global Stretch Wrapper market is segmented on the basis of:
Types
Manual Stretch Wrapper, Semiautomatic Stretch Wrapper, Automatic Stretch Wrapper
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, Pharmaceutical, Consumer, Construction, Chemical, Automotive, Industrial
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:
- Signode Industrial Group
- Webster Griffin
- M. J. Maillis Group
- Packway
- ProMach
- Italdibipack
- Hangzhou Youngsun Intelligent Equipment
- AETNA Group
- ARPAC
- Lantech
- Signode Industrial Group
- Cousins Packaging
- Berran Industrial Group
- G.G. Macchine
- Krishna Engineering Works
Highlights of The Stretch Wrapper 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:
- Manual Stretch Wrapper
- Semiautomatic Stretch Wrapper
- Automatic Stretch Wrapper
- By Application:
- Food & Beverage
- Pharmaceutical
- Consumer
- Construction
- Chemical
- Automotive
- Industrial
- 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 Stretch Wrapper 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Stretch Wrapper is a tool that helps you to resize images without losing quality.
Some of the key players operating in the stretch wrapper market are Signode Industrial Group, Webster Griffin, M. J. Maillis Group, Packway, ProMach, Italdibipack, Hangzhou Youngsun Intelligent Equipment, AETNA Group, ARPAC, Lantech, Signode Industrial Group, Cousins Packaging, Berran Industrial Group, G.G. Macchine, Krishna Engineering Works.
The stretch wrapper market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stretch Wrapper 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 Stretch Wrapper Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stretch Wrapper 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 Stretch Wrapper 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 Stretch Wrapper Market Size & Forecast, 2018-2028
4.5.1 Stretch Wrapper Market Size and Y-o-Y Growth
4.5.2 Stretch Wrapper Market Absolute $ Opportunity
Chapter 5 Global Stretch Wrapper 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 Stretch Wrapper Market Size Forecast by Type
5.2.1 Manual Stretch Wrapper
5.2.2 Semiautomatic Stretch Wrapper
5.2.3 Automatic Stretch Wrapper
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Stretch Wrapper 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 Stretch Wrapper Market Size Forecast by Applications
6.2.1 Food & Beverage
6.2.2 Pharmaceutical
6.2.3 Consumer
6.2.4 Construction
6.2.5 Chemical
6.2.6 Automotive
6.2.7 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stretch Wrapper 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 Stretch Wrapper 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 Stretch Wrapper Analysis and Forecast
9.1 Introduction
9.2 North America Stretch Wrapper 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 Stretch Wrapper Market Size Forecast by Type
9.6.1 Manual Stretch Wrapper
9.6.2 Semiautomatic Stretch Wrapper
9.6.3 Automatic Stretch Wrapper
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 Stretch Wrapper Market Size Forecast by Applications
9.10.1 Food & Beverage
9.10.2 Pharmaceutical
9.10.3 Consumer
9.10.4 Construction
9.10.5 Chemical
9.10.6 Automotive
9.10.7 Industrial
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 Stretch Wrapper Analysis and Forecast
10.1 Introduction
10.2 Europe Stretch Wrapper 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 Stretch Wrapper Market Size Forecast by Type
10.6.1 Manual Stretch Wrapper
10.6.2 Semiautomatic Stretch Wrapper
10.6.3 Automatic Stretch Wrapper
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 Stretch Wrapper Market Size Forecast by Applications
10.10.1 Food & Beverage
10.10.2 Pharmaceutical
10.10.3 Consumer
10.10.4 Construction
10.10.5 Chemical
10.10.6 Automotive
10.10.7 Industrial
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 Stretch Wrapper Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Stretch Wrapper 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 Stretch Wrapper Market Size Forecast by Type
11.6.1 Manual Stretch Wrapper
11.6.2 Semiautomatic Stretch Wrapper
11.6.3 Automatic Stretch Wrapper
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 Stretch Wrapper Market Size Forecast by Applications
11.10.1 Food & Beverage
11.10.2 Pharmaceutical
11.10.3 Consumer
11.10.4 Construction
11.10.5 Chemical
11.10.6 Automotive
11.10.7 Industrial
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 Stretch Wrapper Analysis and Forecast
12.1 Introduction
12.2 Latin America Stretch Wrapper 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 Stretch Wrapper Market Size Forecast by Type
12.6.1 Manual Stretch Wrapper
12.6.2 Semiautomatic Stretch Wrapper
12.6.3 Automatic Stretch Wrapper
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 Stretch Wrapper Market Size Forecast by Applications
12.10.1 Food & Beverage
12.10.2 Pharmaceutical
12.10.3 Consumer
12.10.4 Construction
12.10.5 Chemical
12.10.6 Automotive
12.10.7 Industrial
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) Stretch Wrapper Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Stretch Wrapper 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) Stretch Wrapper Market Size Forecast by Type
13.6.1 Manual Stretch Wrapper
13.6.2 Semiautomatic Stretch Wrapper
13.6.3 Automatic Stretch Wrapper
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) Stretch Wrapper Market Size Forecast by Applications
13.10.1 Food & Beverage
13.10.2 Pharmaceutical
13.10.3 Consumer
13.10.4 Construction
13.10.5 Chemical
13.10.6 Automotive
13.10.7 Industrial
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 Stretch Wrapper Market: Competitive Dashboard
14.2 Global Stretch Wrapper Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Signode Industrial Group
14.3.2 Webster Griffin
14.3.3 M. J. Maillis Group
14.3.4 Packway
14.3.5 ProMach
14.3.6 Italdibipack
14.3.7 Hangzhou Youngsun Intelligent Equipment
14.3.8 AETNA Group
14.3.9 ARPAC
14.3.10 Lantech
14.3.11 Signode Industrial Group
14.3.12 Cousins Packaging
14.3.13 Berran Industrial Group
14.3.14 G.G. Macchine
14.3.15 Krishna Engineering Works
