Shrink Wrap Equipment Market, Global Outlook and Forecast 2023-2028

Report ID: 1371888 | Published Date: Jan 2025 | No. of Page: 123 | Base Year: 2024 | Rating: 5 | Webstory: Check our Web story

Shrink Wrap Machine (also known as shrink packing machine) is the product with heat shrinkable film wrapping package after heating, shrink film after wrapping machine products, apply to items more tight packaging and pallet packaging, such as glass bottles, plastic foam, paper boxes, toys, electronics, electrical appliances, stationery, books, music, hardware tools, daily necessities, medicine, cosmetics, beverage, fruit, mark label items such as packaging.According to the type of machine is divided into drying road shrinkage machine, oven type shrinkage machine, frame type shrinkage machine, gun type shrinkage machine.The product can be sealed, moisture-proof and impact-proof.
This report contains market size and forecasts of Shrink Wrap Equipment in global, including the following market information:
Global Shrink Wrap Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Shrink Wrap Equipment Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Shrink Wrap Equipment companies in 2021 (%)
The global Shrink Wrap Equipment market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
PE Film Shrink Machine Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Shrink Wrap Equipment include MSK, U.S. Packaging & Wrapping, Aetna Group (Robopac), Axon, Clamco, Duravant, Massman Automation Designs, Robert Bosch Packaging Technology and Standard-Knapp, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Shrink Wrap Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Shrink Wrap Equipment Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Shrink Wrap Equipment Market Segment Percentages, by Type, 2021 (%)
PE Film Shrink Machine
POF Film Shrink Machine
Global Shrink Wrap Equipment Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Shrink Wrap Equipment Market Segment Percentages, by Application, 2021 (%)
Food and Drink
Personal Care
Pharmaceutical Industrial
Industry and Home
Electronic
Other
Global Shrink Wrap Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Shrink Wrap Equipment Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Shrink Wrap Equipment revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Shrink Wrap Equipment revenues share in global market, 2021 (%)
Key companies Shrink Wrap Equipment sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Shrink Wrap Equipment sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
MSK
U.S. Packaging & Wrapping
Aetna Group (Robopac)
Axon
Clamco
Duravant
Massman Automation Designs
Robert Bosch Packaging Technology
Standard-Knapp
Texwrap Packaging Systems
Tripack
Douglas Machine
Extreme Packaging
Heat Seal
Conflex
PAC Machinery
Minipack
Linkx Systems
American Packaging Machinery
Sealed Air
Lachenmeier
Shrinkwrap Machinery
Maripak

Frequently Asked Questions
Shrink Wrap Equipment Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Shrink Wrap Equipment Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Shrink Wrap Equipment Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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