Global Wrapping Machine Market Growth 2023-2029

Global Wrapping Machine Market Growth 2023-2029

Wrapping machine is one kind of the packaging machine.

A wrapping machine is an automatic or semiautomatic machine used in the stretch wrapping or pallet wrapping.

LPI (LP Information)' newest research report, the “Wrapping Machine Industry Forecast” looks at past sales and reviews total world Wrapping Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Wrapping Machine sales for 2023 through 2029. With Wrapping Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wrapping Machine industry.

This Insight Report provides a comprehensive analysis of the global Wrapping 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 Wrapping Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wrapping Machine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wrapping 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 Wrapping Machine.

The global Wrapping Machine market size is projected to grow from US$ 600.4 million in 2022 to US$ 723.4 million in 2029; it is expected to grow at a CAGR of 723.4 from 2023 to 2029.

Europe is the largest Wrapping Machine market with about 34% market share. North America is follower, accounting for about 26% market share.

The key players are M.J.Maillis, Lantech, Robopac (Aetna), TAM, ARPAC, Reiser, Muller, Orion, Nitechiipm, Hanagata Corporation, Ehua (China), Yuanxupack, Kete Mechanical Engineering, Gurki etc. Top 3 companies occupied about 41% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Wrapping Machine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Manual (or Hand) Wrapping Machine

Semi-Automatic Wrapping Machine

Automatic Wrapping Machine

Segmentation by application

Food Industry

Chemical 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 analyzing the company's coverage, product portfolio, its market penetration.

M.J.Maillis

Lantech

Robopac (Aetna)

TAM

ARPAC

Reiser

Muller

Orion

Nitechiipm

Hanagata Corporation

Ehua (China)

Yuanxupack

Kete Mechanical Engineering

Gurki

Key Questions Addressed in this Report

What is the 10-year outlook for the global Wrapping Machine market?

What factors are driving Wrapping Machine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Wrapping Machine market opportunities vary by end market size?

How does Wrapping 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.