Dublin, Jan. 22, 2025 (GLOBE NEWSWIRE) -- The "Wrapping Machine Market Size, Share & Trends Analysis by Machine Type, Mode of Operation, and Application, 2025-2030" report has been added to ResearchAndMarkets.com's offering.
The global wrapping machine market size is anticipated to reach USD 3.75 billion by 2030. The market is projected to grow at a CAGR of 5.9% from 2025 to 2030. Factors such as inclination of consumers toward convenient, packaged, processed, and ready-to-eat food products is anticipated to propel market growth. In addition, growing demand from the food and beverage industry is also anticipated to favor market growth.
Wrapping Machine Market Report: Highlights
- The stretch machine segment held the dominant position in the market and accounted for the largest revenue share of 40.3% in 2024.
- The shrink machine segment is expected to grow at a CAGR of 6.7% over the forecast period, owing to the rising need for secure packaging that conforms tightly to products.
- The semi-automatic mode of operation led the market and accounted for the largest revenue share of 50.9% in 2024. This growth can be attributed to its feature of offering a balance between manual intervention and automation.
- The food application segment dominated the market and accounted for the largest revenue share of 31.4% in 2024, primarily driven by the rising consumption of processed and convenience foods.
- The Asia-Pacific wrapping machine market dominated the global market and accounted for the largest revenue share of 38% in 2024. This growth can be attributed to the region's experiencing robust growth, driven by rapid industrialization and urbanization.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
Key Attributes
Report Attribute | Details |
No. of Pages | 100 |
Forecast Period | 2024-2030 |
Estimated Market Value (USD) in 2024 | $2.68 Billion |
Forecasted Market Value (USD) by 2030 | $3.75 Billion |
Compound Annual Growth Rate | 5.9% |
Regions Covered | Global |
Key Topics Covered
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Insights
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Wrapping Machine Market Variables, Trends & Scope
3.1. Global Wrapping Machine Market Outlook
3.2. Industry Value Chain Analysis
3.3. Application Overview
3.4. Average Price Trend Analysis
3.5. Supply-Demand Gap Analysis, 2024
3.6. Regulatory Framework
3.6.1. Policies and Incentive Plans
3.6.2. Standards and Compliances
3.6.3. Regulatory Impact Analysis
3.7. Market Dynamics
3.7.1. Market Driver Analysis
3.7.2. Market Restraint Analysis
3.7.3. Industry Challenges
3.8. Porter's Five Forces Analysis
3.9. PESTEL Analysis
Chapter 4. Wrapping Machine Market: Machine Type Outlook Estimates & Forecasts
4.1. Wrapping Machine Market: Machine Type Movement Analysis, 2024 & 2030
4.1.1. Stretch
4.1.2. Shrink
4.1.3. Others
Chapter 5. Wrapping Machine Market: Mode of Operation Outlook Estimates & Forecasts
5.1. Wrapping Machine Market: Mode of Operation Movement Analysis, 2024 & 2030
5.1.1. Automatic
5.1.2. Semi-Automatic
Chapter 6. Wrapping Machine Market: Application Outlook Estimates & Forecasts
6.1. Wrapping Machine Market: Application Movement Analysis, 2024 & 2030
6.1.1. Food
6.1.2. Beverages
6.1.3. Chemicals
6.1.4. Personal Care
6.1.5. Pharmaceuticals
6.1.6. Others
Chapter 7. Wrapping Machine Market Regional Outlook Estimates & Forecasts
7.1. Regional Snapshot
7.2. Wrapping Machine Market: Regional Movement Analysis, 2024 & 2030
7.3. North America
7.4. Europe
7.5. Asia-Pacific
7.6. Latin America
7.7. Middle East & Africa
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Vendor Landscape
8.2.1. Company Categorization
8.2.2. List of Key Distributors and Channel Partners
8.2.3. List of Potential Customers/End Users
8.3. Competitive Dynamics
8.3.1. Competitive Benchmarking
8.3.2. Strategy Mapping
8.3.3. Heat Map Analysis
8.4. Company Profiles/Listing
8.4.1. Robopac
8.4.2. Orion Packaging Systems LLC
8.4.3. Lantech
8.4.4. Phoenix Wrappers
8.4.5. Durapak
8.4.6. Matco International
8.4.7. ProMach Inc.
8.4.8. Coesia S.p.A.
8.4.9. I.M.A. Industria Macchine Automatiche S.p.A.
8.4.10. Syntegon Technology GmbH
For more information about this report visit https://www.researchandmarkets.com/r/fgtpoc
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