Global Fin Seal Overwrapping Machine Market Growth 2023-2029
The global Fin Seal Overwrapping Machine market size is projected to grow from US$ 1493.1 million in 2022 to US$ 2287.8 million in 2029; it is expected to grow at a CAGR of 6.3% from 2023 to 2029.
Syntegon is the world's largest manufacturers of the Fin Seal Overwrapping Machine with a market share of about 11%. Other major manufacturers include Coesia Group, PFM Packaging Machinery and FUJI MACHINERY, etc. The Europe region is the world's largest production area for Fin Seal Overwrapping Machine, has a share about 32%, followed by China and Asia-Pacific (excluding China), with share about 29% and 25%, separately. In terms of product types, horizontal type is the largest market segment, occupying for a share of about 56%. In terms of product applications, Fin Seal Overwrapping Machine is mainly used in food, with a market share of about 73%, followed by non-food.
Fin seal overwrapping is a method of folding overlapping films horizontally and vertically and heat sealing the film.
Fin seal packaging gets its name from the distinctive flap that runs along the bottom of the finished product. The flap lies flat on the package until someone starts to open it, and the fins stand up like a shark's dorsal fin. This will give the package a higher seal, allowing consumers to easily open the package when the tear strip is included. This fin-shaped overwrapping offers a more cost-effective method of loosely containing pre-packaged items or printed materials within clear, opaque or printed tamper-resistant media.
Fin Seal Overwrapping Machine is capable of producing Fin seal packaging, which is widely used in the packaging process of consumer goods and other retail products.
LPI (LP Information)' newest research report, the “Fin Seal Overwrapping Machine Industry Forecast” looks at past sales and reviews total world Fin Seal Overwrapping Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Fin Seal Overwrapping Machine sales for 2023 through 2029. With Fin Seal Overwrapping Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fin Seal Overwrapping Machine industry.
This Insight Report provides a comprehensive analysis of the global Fin Seal Overwrapping Machine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fin Seal Overwrapping Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fin Seal Overwrapping Machine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fin Seal Overwrapping Machine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fin Seal Overwrapping Machine.
This report presents a comprehensive overview, market shares, and growth opportunities of Fin Seal Overwrapping Machine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Horizontal Type
Vertical Type
Segmentation by application
Food
Non-food
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BW Flexible Systems
Omori Machinery
Syntegon
Tokyo Automatic Machinery Works, Ltd
ULMA Packaging
Coesia Group
Pro Mach
Ilapak International
Triangle Package Machinery
Viking Masek
FUJI MACHINERY
PFM Packaging Machinery
KAWASHIMA
SACMI
Pakona Engineers
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fin Seal Overwrapping Machine market?
What factors are driving Fin Seal Overwrapping Machine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fin Seal Overwrapping Machine market opportunities vary by end market size?
How does Fin Seal Overwrapping Machine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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