Market Overview:
The global turntable stretch wrapper market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for packaged food and beverages, pharmaceuticals, and other consumer goods. Additionally, the growing construction and automotive industries are also contributing to the growth of the global turntable stretch wrapper market. The global turntable stretch wrapper market can be segmented on the basis of type into manual stretch wrappers, semiautomatic stretch wrappers, and automatic stretch wrappers. The semiautomatic segment is expected to grow at a higher CAGR than other segments during the forecast period owing to its low cost and easy operation as compared to automatic machines. On the basis of application, the global turntable stretcher wrapper market can be divided into food & beverage packaging, pharmaceutical packaging, consumer goods packaging, construction industry packaging (roofing materials), chemical industry packaging (paints), automotive industry packaging (car parts), industrial products packing (machinery).
Product Definition:
A turntable stretch wrapper is a machine that wraps products such as boxes or pallets around a rotating platform. This type of wrapper is used to tightly secure the product and to keep it from moving. The importance of using this type of wrapping machine is that it provides stability and security for the product being wrapped.
Manual Stretch Wrapper:
Manual stretch wrapper is a device used to manually stretch vinyl records. It's an old technology that has been around for decades and is still being manufactured by some manufacturers. The manual stretch wrapper does not use heat or chemicals for the process, it uses mechanical pressure applied by hand which helps in getting better sound quality from vinyl records as compared to other record players available in the market.
Semiautomatic Stretch Wrapper:
Semiautomatic stretch wrapper is a device used to wrap turntables. It helps in automatic tensioning of the cover and also helps in maintaining uniformity in the size of vinyl during wrapping.
It’s major applications are for audio tapes, records, compact discs (CD), and video games. The product has gained significant traction among music enthusiasts as it provides better sound quality when played on vinyl LP records through home stereos or car audio systems.
Application Insights:
The food and beverage application segment accounted for the largest revenue share in 2016. Turntable stretch wrappers are widely used in the food industry to wrap fresh fruits, vegetables, meats and seafoods. The wrapping is done according to customer requirements with attractive printed designs that enhance the product appeal. Moreover, turntable stretch wrapper machines can be easily installed as they do not require any additional power source or installation work as compared to other types of packaging machines.
Pharmaceutical application is expected to witness a CAGR of XX% from 2017 to 2030 owing majorly due to increasing demand for biodegradable materials coupled with an increase in R&D activities pertaining towards new material development for packaging drugs.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of pharmaceutical, chemical, automotive and consumer companies that use turntables for production. China is one of the largest producers of these machines owing to low manufacturing cost as compared to other countries in the world.
The Middle East & Africa region is anticipated to witness significant growth over the forecast period owing to increasing construction activities across several countries including Saudi Arabia, UAE and Egypt among others. In addition, rising demand for food processing units due to growing population will drive this regional market further. Moreover, rapid industrialization along with increasing government support are some factors responsible for regional growth during recent years.
North America accounted for more than 20% share in 2017 due high consumption volume by U S-based pharmaceutical companies as compared to European counterparts on account higher geriatric population base in U S coupled with preference towards outpatient settings.
Growth Factors:
- Increasing demand for packaged food products: The global packaged food market is expected to grow at a CAGR of 5.4% from 2016 to 2021. This growth is driven by the increasing urbanization and changing lifestyles of consumers, who are increasingly preferring convenience foods.
- Rising demand for stretch wrap films: Stretch wrap films are used to protect goods from damage during transit and handling, and their demand is growing due to the increase in global trade volumes.
- Technological advancements: The stretch wrapper market is witnessing rapid technological advancements, with new products being launched regularly that offer better performance and efficiency than older models. This has led to an increase in adoption rates among end users, especially those in the packaging industry.
Scope Of The Report
Report Attributes
Report Details
Report Title
Turntable 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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Turntable Stretch Wrapper Market Report Segments:
The global Turntable 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 Turntable 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 Turntable 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.
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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?
Turntable Stretch Wrapper is a type of vinyl wrap that is designed to protect and extend the life of your vinyl records. It is made from a durable, stretchy material that conforms to the shape of your LP and prevents scratches and dust from accumulating on the surface. Turntable Stretch Wrapper also helps keep your records looking new by preventing them from warping or stretching out over time.
Some of the major players in the turntable 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 turntable 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 Turntable 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 Turntable Stretch Wrapper Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Turntable 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 Turntable 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 Turntable Stretch Wrapper Market Size & Forecast, 2018-2028
4.5.1 Turntable Stretch Wrapper Market Size and Y-o-Y Growth
4.5.2 Turntable Stretch Wrapper Market Absolute $ Opportunity
Chapter 5 Global Turntable 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 Turntable 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 Turntable 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 Turntable 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 Turntable 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 Turntable 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 Turntable Stretch Wrapper Analysis and Forecast
9.1 Introduction
9.2 North America Turntable 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 Turntable 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 Turntable 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 Turntable Stretch Wrapper Analysis and Forecast
10.1 Introduction
10.2 Europe Turntable 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 Turntable 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 Turntable 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 Turntable Stretch Wrapper Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Turntable 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 Turntable 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 Turntable 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 Turntable Stretch Wrapper Analysis and Forecast
12.1 Introduction
12.2 Latin America Turntable 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 Turntable 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 Turntable 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) Turntable Stretch Wrapper Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Turntable 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) Turntable 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) Turntable 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 Turntable Stretch Wrapper Market: Competitive Dashboard
14.2 Global Turntable 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
