The global Shrinkwrap Packer market size is predicted to grow from US$ 618 million in 2025 to US$ 812 million in 2031; it is expected to grow at a CAGR of 4.6% from 2025 to 2031.
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.
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.
LP Information, Inc. (LPI) ' newest research report, the “Shrinkwrap Packer Industry Forecast” looks at past sales and reviews total world Shrinkwrap Packer sales in 2024, providing a comprehensive analysis by region and market sector of projected Shrinkwrap Packer sales for 2025 through 2031. With Shrinkwrap Packer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shrinkwrap Packer industry.
This Insight Report provides a comprehensive analysis of the global Shrinkwrap Packer 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 Shrinkwrap Packer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Shrinkwrap Packer market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shrinkwrap Packer 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 Shrinkwrap Packer.
This report presents a comprehensive overview, market shares, and growth opportunities of Shrinkwrap Packer market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Fully Automatic Shrinkwrap Packer
Semi-automatic Shrinkwrap Packer
Segmentation by Application:
Food
Beverage
Condiment
Dairy Industry
Consumer Goods
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.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shrinkwrap Packer market?
What factors are driving Shrinkwrap Packer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shrinkwrap Packer market opportunities vary by end market size?
How does Shrinkwrap Packer break out by Type, by Application?
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