Shrink Wrapping Machines Market 2025 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2034
Page: 215 | Report Code: CM250418 | Research Suite: Report (PDF) & Market Data (Excel)
Shrink Wrapping
Machines Market
The global market value of the shrink-wrapping machines
market was estimated to be USD 1.1 billion in 2024 and is projected to grow at
a CAGR of 5.4% during the forecast period. A shrink-wrapping machine is a piece
of packaging equipment that is used to shrink a plastic film around the product
from its safety point of view. Shrink wrap protects the products from dust,
moisture, and damage during storage and transport.
Increasing demand for efficient and protective packaging solutions due to increasing growth in e-commerce business methodology. Rising demand for the food and beverage industry and increasing demand for packaged industries to extend the shelf life, product integrity, and compliance with safety regulations. The trend towards automation in manufacturing processes is driving demand in the market significantly.
Growth drivers
Globally increasing population is rapidly driving the demand for packaged and processed food due to significantly growing e-commerce sectors. Increasing urbanization, with evolving consumer preferences, has led to increased consumption of packaged goods. Increasing preference of consumers to get hygienic food is also driving growth in the market.
Environmental
concerns and increasing focus on sustainability and recyclability are
propelling the market growth significantly. Shrink wraps are used as a secondary
packaging material in the personal care and cosmetic industry to ensure that
products like lipstick, mascara, and eyeliners remain sealed and not tampered
with or opened until they are purchased, preventing contamination and
maintaining hygiene standards.
Continuous technological innovations have improved the
versatility and efficiency of the product. Increasing demand in the
pharmaceutical and personal care sectors is driving the market significantly
towards success. The trend towards automation in manufacturing processes has
led to increased adoption of automatic shrink-wrapping machines.
Segmentation
By End-Users
·
Food and Beverages
·
Pharmaceuticals
·
Personal Care
·
Industrial and Household
·
Others
Product Type
·
Manual
·
Semi-Automatic
·
Automatic
Process
·
PVC
·
PET
·
Sealing Method
By Region
·
Asia-Pacific
·
North America
·
Latin America
·
Middle East and Africa
·
Europe
Shrink Wrapping
Machines Market by End-User Segmentation
On the basis of the end user, the shrink-wrapping machine market is segmented into food and beverages, pharmaceuticals, personal care, and others. Food and beverages is the leading sector in the shrink-wrapping machine market due to its unique packaging needs and strict safety requirements.
Increasing demand for maintaining product hygiene and
extending shelf life means the need for shrink wrapping is continuously
growing. Food and beverage industries play a significant role in the growth of
the shrink-wrapping machine market. Shrink film conforms tightly to product
shapes, improving shelf presentation and enhancing brand value, which is
critical for consumer appeal in a competitive market.
Shrink wrapping is more popular in comparison to other
packaging solutions due to its cost-effectiveness and its impact on
price-sensitive sectors like food and beverages. High demand for packaged food
is the need of the time, and shrink-wrapping provides the best solution in the
aspects of food protection and brand value. These companies are bound by a
strict food safety norm.
Pharmaceuticals are the moderately leading segment in
the market due to increasing demand for the medicines in the modern world. The
plastic films used in shrink-wrapping to cover the pharma-products are
non-biodegradable and contribute to plastic waste. This process of wrapping a
protective layer requires heat. High energy consumption and the availability of
more sustainable alternatives like stretch banding are driving the industries
toward greener packaging solutions. Personal care and cosmetics are the leading
market in the region due to increasing demand for cosmetic products all over
the world due to rising disposable income and increasing urbanization.
Regional
Outlook
On the basis of the regions, the shrink-wrapping
machines market is analyzed into 5 regions: Asia-Pacific, North America, Latin
America, the Middle East and Africa, and Europe. The Asia Pacific region is the
leading segment in the market and is expected to dominate the market due to
increasing urbanization, growing disposable income, and rapid industrialization
in countries like China, India, and Southeast Asian nations. The rise in online
shopping has surged demand for efficient and secure packaging solutions.
High demand for packaged food due to rapidly growing
population and urbanization. The presence of numerous local manufacturers
offers competitive pricing and faster adoption. Policies supporting automation
and industrial growth also fuel the demand for packaging solutions. China, in
particular, holds a substantial share in the market due to its massive
manufacturing base, while India is showing rapid growth due to increasing
automation.
The North American market is also witnessing rapid growth due to increasing industrialization in the region, especially in countries like the United States of America and Canada. E-commerce has brought a revolutionary change in the region’s extensive manufacturing base and high demand for packaged foods. Increasing consumption of packaged foods and beverages necessitates efficient packaging solutions. Shrink-wrapping machines provide tamper-evident seals and extended shelf life, aligning with consumers’ preference for safety.
Rapid growth in the pharmaceutical and healthcare
sectors demands secure and hygienic solutions suitable for medical products.
Manufacturers are increasingly adopting automated and IoT-enabled
shrink-wrapping machines to enhance efficiency, reduce labor costs, and improve
productivity. The presence of key players in the region is witnessing
significant growth during the forecast period.
The European market is also witnessing significant growth in the shrink-wrapping machine market due to increasing urbanization and industrialization. Countries like Germany, France, the United Kingdom, and the Nordic region are witnessing significant growth due to industrial growth and sustainability initiatives. Increasing emphasis on eco-friendly packaging solutions by European countries is spurring the market growth.
The food and
beverage sector continues to be a significant contributor in the market due to
the need for hygienic, durable, and visually appealing packaging solutions.
Germany, France, Italy, and the United Kingdom are prominent markets in the
region due to increasing disposable income and significant growth in industries
demanding the packaged solutions. High initial investments and alternative
packaging solutions are posing challenges in the growth of the market, though.
The Middle East and Africa, especially countries like
Saudi Arabia, South Africa, Israel, and Egypt, are witnessing moderate growth
in the market during the forecast period.
Key
Players
·
Aetna Group S.p.A. (ROBOPAC)
·
Duravant LLC
·
Syntegon Technology GmbH
·
Standard-Knapp, Inc
·
ProMach
·
Tripack
·
Conflex Incorporates
·
Omnia Della Toffola SpA
·
Erapa (UK) Limited
·
Sidel
· Other Players