Global Heat Shrink Wrap Tunnel Market Growth 2024-2030
A Heat Shrink Wrap Tunnel is a type of packaging machine used to shrink plastic film tightly around products using heat. The tunnel, often part of a larger shrink wrapping system, contains a conveyor belt that transports items through a heated chamber. As the products pass through the tunnel, the heat causes the shrink wrap (typically made from PVC, polyolefin, or polyethylene) to contract and conform closely to the shape of the items, creating a sealed, protective layer around them. Shrink wrap tunnels are commonly used in industries like food and beverage, pharmaceuticals, electronics, and consumer goods.
The global Heat Shrink Wrap Tunnel market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Heat Shrink Wrap Tunnel Industry Forecast” looks at past sales and reviews total world Heat Shrink Wrap Tunnel sales in 2023, providing a comprehensive analysis by region and market sector of projected Heat Shrink Wrap Tunnel sales for 2024 through 2030. With Heat Shrink Wrap Tunnel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heat Shrink Wrap Tunnel industry.
This Insight Report provides a comprehensive analysis of the global Heat Shrink Wrap Tunnel 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 Heat Shrink Wrap Tunnel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Heat Shrink Wrap Tunnel market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heat Shrink Wrap Tunnel 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 Heat Shrink Wrap Tunnel.
United States market for Heat Shrink Wrap Tunnel is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Heat Shrink Wrap Tunnel is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Heat Shrink Wrap Tunnel is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Heat Shrink Wrap Tunnel players cover Minipack®-torre, NVENIA, Crawford Packaging, Accraply, Sealed Air, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Heat Shrink Wrap Tunnel market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Fixed Temperature Shrink Tunnel
Variable Temperature Shrink Tunnel
Segmentation by Application:
Food Industry
Pharmaceutical Industry
Others
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 analysing the company's coverage, product portfolio, its market penetration.
Minipack®-torre
NVENIA
Crawford Packaging
Accraply
Sealed Air
SMIPACK
ATW Manufacturing Company
ACEY New Energy Technology
EDL Packaging Engineers
Multipack
Globaltek Equipment
Ashvani Packaging
SBWPACK
Long Durable Machinery
E-pack Technology
BENISON
Hualian Machinery Group
GUONUOPACK
Key Questions Addressed in this Report
What is the 10-year outlook for the global Heat Shrink Wrap Tunnel market?
What factors are driving Heat Shrink Wrap Tunnel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Heat Shrink Wrap Tunnel market opportunities vary by end market size?
How does Heat Shrink Wrap Tunnel break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.