China Shrinkwrap Packer Market Insights, Forecast to 2027
Summary
Market Analysis and Insights: China Shrinkwrap Packer Market
Due to the COVID-19 pandemic, the China Shrinkwrap Packer market size is estimated to be worth US$ 142.81 million in 2022 and is forecast to a readjusted size of US$ 190.74 million by 2028 with a CAGR of 4.94% during the review period. Fully considering the economic change by this health crisis, Fully Automatic accounting for 75.86% of the Shrinkwrap Packer China market in 2021, is projected to value US$ 151.33 million by 2028, growing at a revised 5.65% CAGR in the post-COVID-19 period. While Beverage segment is altered to an 6.45% CAGR throughout this forecast period.
In China, the key manufacturers of Shrinkwrap Packer include Krones, KHS Group, Sidel Group, AETNA GROUP, Hangzhou Youngsun, Newamstar, Gurki Packaging Machine, SMI Group, and Guangzhou Vanta, etc. In 2021, the top five players have a share approximately 52.67% in terms of revenue.
China Shrinkwrap Packer Scope and Segment
Shrinkwrap Packer market is segmented by Type, and by Application. Players, stakeholders, and other participants in the China Shrinkwrap Packer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type, and by Application for the period 2017-2028.
By Company
Krones
KHS Group
Sidel Group
AETNA GROUP
Hangzhou Youngsun
Newamstar
Gurki Packaging Machine
SMI Group
Guangzhou Vanta
Guangzhou Tech-Long
Wenzhou Zhongwang Packaging
SCIL-machinery
Segment by Type
Fully Automatic
Semi-automatic
Segment by Application
Food
Beverage
Condiment
Dairy Industry
Consumer Goods
Others
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