Wrapping Machine Market - Comprehensive Study Report & Recent Trends 2024-2032

Wrapping Machine Market Synopsis:

Wrapping Machine Market Size Was Valued at USD 4.0 Billion in 2023, and is Projected to Reach USD 12.1 Billion by 2032, Growing at a CAGR of 13.2% From 2024-2032.

The wrapping machine market can be defined as the trade that concerns manufacturing, selling, and employing machines used to wrap products using plastic films, shrink films, stretch films, or other relevant wrapping films. These machines are widely used in different production sectors to properly protect the items, keep them safe during storage or transportation, and give the product the desired attractive appearance. The application of horizontal wrapping machines is relevant in industries like food and beverages, pharma and healthcare, and consumer durables and auto and logistic industries, where the automation reduces cost of labor, time consumed, and complexities with standard packing methods and packaging designs. The market includes several kinds of the wrapping machines including the stretch wrapping machines; shrink wrapping machines amongst other automatic packing equipment. The concepts and construction of these machines remain a subject to refinements in order to satisfy the growing need for high-speed and environmentally friendly packaging instruments.

Global wrapping machine market has experienced growth in recent years as a result of rising demand in packaging in various sectors such as food and beverage and online shopping. Recent changes in customer tastes and preference due to better packaging and enhanced shelf life has boosted demand in wrapping machines. These machines provide answers that span enhancements to productivity, cost less on packaging materials and packaging that provides the quality needed to sustain the consumer’s demand from the manufacturers, packagers and retailers. In addition, use of automated systems in production has forced companies to use better wrapping technology to meet end product through line rates that cannot be met by manual methods. It is also increasingly evident from new industrialized; countries that are industrializing their manufacturing facilities, which requires packaging automation since it eases capacity expansion.

Some of the drivers that have influenced the market include the increased involvement of value-added features in wrapping machinery, and specific innovations including incorporation of robotics and artificial intelligence into the machines. Such advancements allow increasing accuracy in packing processes, decreasing losses of material, and improving the general reliability of the packing machinery. Consequently the use of bio-degradable and globally accepted wrapping papers and packing materials have added to the growth process as firms attempt to uppermost the increasing governmental regulations on environmental conservation and the growing want of consumers for green products. More especially with the growing trend of e-commerce, the need for proper packaging has arisen thus increasing the need for wrapping machines to accommodate the many kinds of products, including delicate ones as well as big projects. There are expectations the market for the packaging coatings will progress further as there is a great demand for automated, efficient, and sustainable packaging systems available in the market.

Wrapping Machine Market Trend Analysis:

Automation in Wrapping Machines

• Of all the market trends that have emerged in the recent past, automation seems to be the most revolutionary in the wrapping machine industry. Thus corporations are spending highly to develop automated wrapping systems which are highly efficient, reduce likelihood of mistakes and guarantee high returns. Applying automated wrapping machines is lights in the packaging method but also augments the rate at which production can occur by minimizing survivable time hence cutting on cost and enhancing profitability for producers. These machines incorporate control systems and robots plus sensors which make them suitable for change to match the shape and size of the products so that wrapping is done effectively. Further advancements in AI and ML are adding the smart features to these systems and help the system to better adapt to production changes. Specifically, as the marketing strategies for packaging processes take their course, the growth of automation is expected to propel the demand for wrapping machines in the next few years.

Sustainable Packaging Solutions

• Sustainability is becoming an imperative within the market for wrapping machines due to the chance. Higher consumer concern regarding environmental issues and immensely growing regulation of wastes of packing materials lead to a high demand for environmentally sensitive packing methods. Most companies are in the market on the lookout for wrapping machines that would employ the use of recyclable, biodegradable, or reusable material. This has created a big opportunity for the manufactures of wrapping machines to come up with and popularize packaging that embrace the circular economy model. For instance, the machinery used in wrapping, such as compostable films or power-saving technologies, are becoming more appealing to firms that want to cut emissions. Notably, the need for eco-friendly packaging is not restricted to the food products markets but is common across such markets as e-commerce /retail where there is high demand for efficient wrappings. It effectively offers a large market opportunity for the vendors of wrapping machines to adapt and develop on the changing trends in packaging demand by the market.

Wrapping Machine Market Segment Analysis:

Wrapping Machine Market is Segmented on the basis of type, Mode of Operation, Application, and Region

By Type, Stretch segment is expected to dominate the market during the forecast period

• In the wrapping machines market, it is analyzed that the stretch wrapping machine segment will have the biggest market during the forecast period. Stretch wrapping machines are commonly used where there is need to cover products in pallets or large items. These machines wrap stretch film on products or several products, making them stay in position during transportation and storage. Stretch film tight covering confirms product security and efficiency in packaging use; therefore beneficial to logistics firms, food packagers, beverage makers, and consumers goods manufacturers. Due to the increasing demand for fast, efficient solutions in wrapping, the stretch wrapping machine segment is expected to remain a major presence on the market due to versatility, popularity and application across different fields.

By Mode of Operation, Automatic segment expected to held the largest share

• Market segmentation based on the automatic wrapping machine segment will dominate the overall market throughout the forecast period. These machines are built to run with minimal or no supervision which in turn leads to extra productivity and efficiency other than manual or partly automatic machines. Self-wrapping machines are widely used in sectors that necessitate fast, standard and accurate packaging. It is the high control systems that enable them to wrap the products at a higher rate thus lowering the total operating costs while at the same time enhancing the throughput. The increasing necessity for automation in manufacturing and packaging as a means for increasing production efficiency coupled with decreasing the costs of wages is stimulating the automatic wrapping machine segment.

Wrapping Machine Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• According to estimations of WR, North America will remain the dominating region within the global wrapping machine market in 2023 due to high demands on food and beverage, logistics, and pharmaceutical markets. The region enjoys good fixed capital investment developed manufacturing sector, and wide use of automation technologies across manufacturing industries. Secondly, the e-commerce industry has other physically needed packaging solutions where retail and consumer goods industries are expanding their demands. At the same time, North America is the largest market for wrapping machine, occupying 35-40% of the global market in 2023, and the United States is the key consumer. The factors such as shift towards sustainable packaging materials and automation in manufacturing will fuel ongoing growth of this region. Secondly, the forward integration of key constituents such as manufacturers and innovators in North America and mainly in the U.S. and Canada puts North America as a leader in the global wrapping machine market.

Active Key Players in the Wrapping Machine Market:

• Aetna Group (Italy)
• BEUMER Group (Germany)
• BestPack (USA)
• Clearpack (Singapore)
• Compact (Italy)
• Dongguan Jintian Packaging Machinery (China)
• FUJI Machinery (Japan)
• Handpack (USA)
• Interpack (Germany)
• ITALIAN PACK (Italy)
• Lantech (USA)
• Packway (USA)
• Palletline (UK)
• Signode Industrial Group (USA)
• Wrap Pack (India), and Other Active Players.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Wrapping Machine Market by Type
 4.1 Wrapping Machine Market Snapshot and Growth Engine
 4.2 Wrapping Machine Market Overview
 4.3 Stretch
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Stretch: Geographic Segmentation Analysis
 4.4 Shrink
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Shrink: Geographic Segmentation Analysis
 4.5 Others
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Others: Geographic Segmentation Analysis

Chapter 5: Wrapping Machine Market by Mode of Operation
 5.1 Wrapping Machine Market Snapshot and Growth Engine
 5.2 Wrapping Machine Market Overview
 5.3 Automatic
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Automatic: Geographic Segmentation Analysis
 5.4 Semi-automatic
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Semi-automatic: Geographic Segmentation Analysis

Chapter 6: Wrapping Machine Market by Application
 6.1 Wrapping Machine Market Snapshot and Growth Engine
 6.2 Wrapping Machine Market Overview
 6.3 Beverages
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Beverages: Geographic Segmentation Analysis
 6.4 Food
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Food: Geographic Segmentation Analysis
 6.5 Chemicals
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Chemicals: Geographic Segmentation Analysis
 6.6 Personal Care
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Personal Care: Geographic Segmentation Analysis
 6.7 Pharmaceuticals
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Pharmaceuticals: Geographic Segmentation Analysis
 6.8 Others
  6.8.1 Introduction and Market Overview
  6.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.8.3 Key Market Trends, Growth Factors and Opportunities
  6.8.4 Others: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Wrapping Machine Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions  
 7.2 AETNA GROUP (ITALY)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 BEUMER GROUP (GERMANY)
 7.4 BESTPACK (USA)
 7.5 CLEARPACK (SINGAPORE)
 7.6 COMPACT (ITALY)
 7.7 DONGGUAN JINTIAN PACKAGING MACHINERY (CHINA)
 7.8 FUJI MACHINERY (JAPAN)
 7.9 HANDPACK (USA)
 7.10 INTERPACK (GERMANY)
 7.11 ITALIAN PACK (ITALY)
 7.12 LANTECH (USA)
 7.13 PACKWAY (USA)
 7.14 PALLETLINE (UK)
 7.15 SIGNODE INDUSTRIAL GROUP (USA)
 7.16 WRAP PACK (INDIA)
 7.17 OTHER ACTIVE PLAYERS

Chapter 8: Global Wrapping Machine Market By Region
 8.1 Overview
 8.2. North America Wrapping Machine Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Type
  8.2.4.1 Stretch
  8.2.4.2 Shrink
  8.2.4.3 Others
  8.2.5 Historic and Forecasted Market Size By Mode of Operation
  8.2.5.1 Automatic
  8.2.5.2 Semi-automatic
  8.2.6 Historic and Forecasted Market Size By Application
  8.2.6.1 Beverages
  8.2.6.2 Food
  8.2.6.3 Chemicals
  8.2.6.4 Personal Care
  8.2.6.5 Pharmaceuticals
  8.2.6.6 Others
  8.2.7 Historic and Forecast Market Size by Country
  8.2.7.1 US
  8.2.7.2 Canada
  8.2.7.3 Mexico
 8.3. Eastern Europe Wrapping Machine Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Type
  8.3.4.1 Stretch
  8.3.4.2 Shrink
  8.3.4.3 Others
  8.3.5 Historic and Forecasted Market Size By Mode of Operation
  8.3.5.1 Automatic
  8.3.5.2 Semi-automatic
  8.3.6 Historic and Forecasted Market Size By Application
  8.3.6.1 Beverages
  8.3.6.2 Food
  8.3.6.3 Chemicals
  8.3.6.4 Personal Care
  8.3.6.5 Pharmaceuticals
  8.3.6.6 Others
  8.3.7 Historic and Forecast Market Size by Country
  8.3.7.1 Russia
  8.3.7.2 Bulgaria
  8.3.7.3 The Czech Republic
  8.3.7.4 Hungary
  8.3.7.5 Poland
  8.3.7.6 Romania
  8.3.7.7 Rest of Eastern Europe
 8.4. Western Europe Wrapping Machine Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Type
  8.4.4.1 Stretch
  8.4.4.2 Shrink
  8.4.4.3 Others
  8.4.5 Historic and Forecasted Market Size By Mode of Operation
  8.4.5.1 Automatic
  8.4.5.2 Semi-automatic
  8.4.6 Historic and Forecasted Market Size By Application
  8.4.6.1 Beverages
  8.4.6.2 Food
  8.4.6.3 Chemicals
  8.4.6.4 Personal Care
  8.4.6.5 Pharmaceuticals
  8.4.6.6 Others
  8.4.7 Historic and Forecast Market Size by Country
  8.4.7.1 Germany
  8.4.7.2 UK
  8.4.7.3 France
  8.4.7.4 The Netherlands
  8.4.7.5 Italy
  8.4.7.6 Spain
  8.4.7.7 Rest of Western Europe
 8.5. Asia Pacific Wrapping Machine Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Type
  8.5.4.1 Stretch
  8.5.4.2 Shrink
  8.5.4.3 Others
  8.5.5 Historic and Forecasted Market Size By Mode of Operation
  8.5.5.1 Automatic
  8.5.5.2 Semi-automatic
  8.5.6 Historic and Forecasted Market Size By Application
  8.5.6.1 Beverages
  8.5.6.2 Food
  8.5.6.3 Chemicals
  8.5.6.4 Personal Care
  8.5.6.5 Pharmaceuticals
  8.5.6.6 Others
  8.5.7 Historic and Forecast Market Size by Country
  8.5.7.1 China
  8.5.7.2 India
  8.5.7.3 Japan
  8.5.7.4 South Korea
  8.5.7.5 Malaysia
  8.5.7.6 Thailand
  8.5.7.7 Vietnam
  8.5.7.8 The Philippines
  8.5.7.9 Australia
  8.5.7.10 New Zealand
  8.5.7.11 Rest of APAC
 8.6. Middle East & Africa Wrapping Machine Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Type
  8.6.4.1 Stretch
  8.6.4.2 Shrink
  8.6.4.3 Others
  8.6.5 Historic and Forecasted Market Size By Mode of Operation
  8.6.5.1 Automatic
  8.6.5.2 Semi-automatic
  8.6.6 Historic and Forecasted Market Size By Application
  8.6.6.1 Beverages
  8.6.6.2 Food
  8.6.6.3 Chemicals
  8.6.6.4 Personal Care
  8.6.6.5 Pharmaceuticals
  8.6.6.6 Others
  8.6.7 Historic and Forecast Market Size by Country
  8.6.7.1 Turkiye
  8.6.7.2 Bahrain
  8.6.7.3 Kuwait
  8.6.7.4 Saudi Arabia
  8.6.7.5 Qatar
  8.6.7.6 UAE
  8.6.7.7 Israel
  8.6.7.8 South Africa
 8.7. South America Wrapping Machine Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Type
  8.7.4.1 Stretch
  8.7.4.2 Shrink
  8.7.4.3 Others
  8.7.5 Historic and Forecasted Market Size By Mode of Operation
  8.7.5.1 Automatic
  8.7.5.2 Semi-automatic
  8.7.6 Historic and Forecasted Market Size By Application
  8.7.6.1 Beverages
  8.7.6.2 Food
  8.7.6.3 Chemicals
  8.7.6.4 Personal Care
  8.7.6.5 Pharmaceuticals
  8.7.6.6 Others
  8.7.7 Historic and Forecast Market Size by Country
  8.7.7.1 Brazil
  8.7.7.2 Argentina
  8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research