Global Shrinkwrap Packer Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Shrinkwrap Packer Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Shrink packaging is used to combine small products and package them together as a way to increase durability. The process involves making bundles of commodities to provide protection against routine wear and tear. The chances of damage through exposure to moisture or water is greatly reduced by this method. This packaging works best for small items, making bundles of the same to enable seamless transportation. Heat plays a very important role in the market process. The two major steps involved in the shrink wrap packaging process requires a heat machine and shrink wrap thereafter. Shrink is a category of polymer plastic wrap, comprising of polyethylene, polyvinyl chloride (PVC) and polyolefin. The material which is highly consumed in shrink wrap is polyolefin. These wraps also commonly called as films, vary according to visibility, tenacity, shrinking capacity and sturdiness and can be used accordingly serving various purposes. The process of shrink packaging is enclosing and securing the item or bundles with the film or wrap with the help of a heat gun or heat tunnel.

According to our (Global Info Research) latest study, the global Shrinkwrap Packer market size was valued at US$ 631 million in 2023 and is forecast to a readjusted size of USD 841 million by 2030 with a CAGR of 4.4% during review period.

Krones is the largest manufacturer of Shrinkwrap Packer in global, with a market share of about 20%, along with other core companies such as KHS GROUP, Sidel Group and AETNA GROUP. In terms of product categories, Fully Automatic has the largest market share of around 77%. From an application perspective, Beverages account for the largest share of the market, accounting for about 15% of the market share, followed by Consumer Goods with 14% of the market share.

This report is a detailed and comprehensive analysis for global Shrinkwrap Packer market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Shrinkwrap Packer market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Shrinkwrap Packer market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Shrinkwrap Packer market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Shrinkwrap Packer market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Shrinkwrap Packer

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Shrinkwrap Packer market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Krones, KHS Group, Sidel Group, AETNA GROUP, Sealed Air, ProMach, Douglas Machine, ACMI SpA, Delkor Systems, Zambelli Packaging, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Shrinkwrap Packer market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Fully Automatic Shrinkwrap Packer
Semi-automatic Shrinkwrap Packer

Market segment by Application
Food
Beverage
Condiment
Dairy Industry
Consumer Goods
Others

Major players covered
Krones
KHS Group
Sidel Group
AETNA GROUP
Sealed Air
ProMach
Douglas Machine
ACMI SpA
Delkor Systems
Zambelli Packaging
Beijing Yongchuang Tongda
Hangzhou Youngsun
Newamstar
Guangzhou Tech-Long
SMI Group
Gurki Packaging Machine
Guangzhou Vanta
Wenzhou Zhongwang Packaging
Peiyu
SCIL Machinery

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Shrinkwrap Packer product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Shrinkwrap Packer, with price, sales quantity, revenue, and global market share of Shrinkwrap Packer from 2019 to 2024.

Chapter 3, the Shrinkwrap Packer competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Shrinkwrap Packer breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Shrinkwrap Packer market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Shrinkwrap Packer.

Chapter 14 and 15, to describe Shrinkwrap Packer sales channel, distributors, customers, research findings and conclusion.