Stretch wrap machines are used as end-of-line packaging solutions for various industries. Stretch wrapping is one of the most commonly used specialized plastic packaging systems.
Growth of the food and beverage industry as well as the global pharmaceutical industry are among major factors influencing growth. The global packaging industry is shifting toward more efficient as well as flawless packaging solutions. As a result, the global market has witnessed rapid growth in the production of new stretch wrap machines as well as the replacement of shrink wrap machines with stretch wrap ones. Increase in the production and consumption of processed food and growth in the demand for chilled & frozen products are also among key factors driving the demand for advanced packaging machines, which is expected to propel the demand for stretch wrap machines during the forecast period.
By automation level, the semiautomatic stretch wrap machines segment is projected to dominate the global stretch wrap machines market in 2018. The semiautomatic stretch wrap machines segment is forecasted to account for a 60% market share by the end of 2025.
The food and beverage segment is projected to dominate the end users segment followed by the pharmaceutical and industrial segments.
In 2019, the market size of Stretch Wrap Machines is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Stretch Wrap Machines.
This report studies the global market size of Stretch Wrap Machines, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Stretch Wrap Machines production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Signode Industrial
Webster Griffin
M. J. Maillis Group
Packway
ProMach
Phoenix Wrappers
Handle-It
Robopac
Aetna Group
ARPAC
Lantech
Technowrapp
Cousins Packaging
Berran Industrial Group
G.G. Macchine
Krishna Engineering
Hangzhou Youngsun Intelligent Equipment
Market Segment by Product Type
Manual
Semiautomatic
Automatic
Market Segment by Application
Food & Beverage
Pharmaceutical
Consumer
Construction
Chemical
Automotive
Industrial
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Stretch Wrap Machines status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Stretch Wrap Machines manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Stretch Wrap Machines are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Stretch Wrap Machines. Industry analysis & Market Report on Stretch Wrap Machines is a syndicated market report, published as Global (United States, European Union and China) Stretch Wrap Machines Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Stretch Wrap Machines market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.