The wrapping machine market size was valued at USD 5.29 billion in 2024 and is expected to reach USD 7.99 billion by 2032, growing at a CAGR of 5.30% over the forecast period of 2025-2032.
The global wrapping machine market is growing at a high rate due to the growing demand for automation in packaging applications from different end-use industries such as food & beverage, pharmaceuticals, logistics, e-commerce, and so on. So, wrapping machines are used for protecting the product, decreasing the wastage of production materials, and adding efficiency to the packaging process. Stretch wrapping equipment accounts for a substantial portion of these, as it securely stabilizes pallet loads for transport. The adoption of smart and energy-efficient machines supporting high retrieval speeds with industry 4.0 technologies drives the wrapping machine industry. Some of the trends include the expanding use of recyclable & biodegradable films, compact & mobile wrapping units, and the integration of IoT and AI that offer real-time monitoring and predictive maintenance.
There is also a shift in the market for sustainable packaging owing to environmental regulations and demand from consumers. The Asia-Pacific region dominates the volume market due to its strong manufacturing base, while North America and Europe are targeted towards technologically advanced and automated solutions. The wrapping machine market growth is driven sustainably by such kind of continuous innovations, automation expansion of end-use industries. As global trade, logistics, and volumes become more significant than ever, Demand for wrapping machines will continue to drive the integrity of product & efficiency of operation.
Drivers
Automation and efficiency are driving forces in the market, enabling high-speed, precise, and scalable packaging solutions across industries.
Automation and efficiency play an important role in shaping the wrapping machine market due to growing industries with the aim of cost-effective operations. Wrapping machines automate the wrapping process, making it faster and improving consistency and accuracy, thereby reducing reliance on human labor and operational errors. These machines allow for continuous and high-volume packaging processes to help manufacturers keep up with demand and push out consistent quality. Automated solutions optimize throughput and minimize downtime by integrating components like programmable logic controllers (PLCs), servo motors, and real-time monitoring solutions. Such a transition is extremely beneficial in industries such as food, pharma, and e-commerce, where packaging speed as well as hygiene are of utmost importance. With increasing labor costs and the need for operations to be scalable, automation is becoming vital for every industry to remain competitive and keep their operations running efficiently in the long run.
In May 2025, The Financial Times article “March of the Cobots” reports a surge in collaborative robots (cobots), which are compact, safe, and ideal for small and medium enterprises. Cobots made up 11% of industrial robot installations in 2023, generating $3 billion in sales with over 30% annual growth. They handle tasks like packing, welding, and inspection alongside humans, reducing exposure to dangerous or repetitive work. Key players include Universal Robots, ABB, Fanuc, and Kuka.
Restraint
High upfront costs limit SME adoption of advanced wrapping machine technologies.
The high initial investment for wrapping machines is a major restraint, especially for small and medium enterprises (SMEs), which is one of the major factors hindering the growth of the wrapping machine market. Modern wrapping machines, particularly fully automatic or robotic, require significant initial investment costs, including the cost of the machine itself, installation, and integration within already existing production lines. They typically require special infrastructure and trained personnel, further adding to the initial cost. The outlay on such investments is prohibitive and often retards the plans of many SMEs working with limited budgets, for modernizing their operations. Additionally, constant upgrading or modifying equipment so that it can better accommodate changing packaging specifications and materials only compounds the cost burden. Because of this, and while more efficient and ultimately cost-saving in the long term, the steep up-front cost discourages many smaller operators from seeking advanced wrapping technologies.
By Type
Stretch segment dominated the market and accounted for 41% of the Wrapping Machine market share. Because of the ability to utilize pallet loads, lower damage to products, and better warehouse operations, these machines are common within the industry. High demand for logistics, food & beverage, and consumer goods sectors has propelled their dominance. Moreover, stretching wrapping provides cost benefits by reducing film use and increasing load stability, which are important for manufacturers oriented towards operational efficiency and consistency of packaging.
Shrink wrapping machines are the fastest growing segment, driven by rising demand for tamper-proof, secure, and visually appealing packaging. They are increasingly popular due to their flexibility to bundle a variety of products, especially food, beverages, and pharmaceuticals. This is further fueling their growth due to greater adoption in the retail and e-commerce space, where product visibility and protection are essential. Technological improvements like energy-efficient shrink tunnels and sustainable film materials are also growing their market share.
By Mode of Operation
Semi-automatic wrapping machines held the largest market share at 50% in 2024, mainly due to their economy, simplicity of operation, and versatility, which work best for small-to-medium enterprises. Designed for medium-volume end-user industries, these machines are the right choice for those who are not ready to shift to fully automatic machines, but want everything to be as ballpark as possible. The lower cost of both the initial investment as well as maintenance (compared with fully automatic systems) means solid penetration in emerging markets and small to medium enterprises looking to increase packaging throughput without significant capex commitment.
Automatic wrapping machines are witnessing the fastest growth owing to the continuous trends of automation in the manufacturing and packaging industries. They increase the production efficiency, eliminate the need for human labor, and reduce the scope of human error; hence, they are the most suitable form of production. Automatic systems are gaining preference in high-throughput industries requiring uniformity in packaging. Additionally, with IoT and smart factory integration, these machines are becoming increasingly smart and functional, which is driving their adoption in multiple sectors, including food, pharmaceuticals, and logistics.
By Application
The food segment led the wrapping machine market in 2024 with a 32% share, due to increasing demand for packaged and processed food worldwide. Wrapping machines are so important as they ensure hygiene in the product, the long life of the product, uncompleted compliance with health standards. Rising demand for ready-to-eat meals, frozen foods, and snacks, especially in urban areas, is expected to drive the growth of the food packaging equipment over the forecast period.
The pharmaceutical segment is the fastest-growing application segment, owing to various factors such as increasing packaging regulation, rising global/ever-expanding healthcare demand, as well as an ever-growing e-pharmacy channel. Some of the major functions of a wrapping machine include tamper-evidence, contamination protection, and regulatory norms compliance in drug packaging. In light of the growing demand for safe, secure and traceable packages of medicines, which has only been intensified by the post-COVID world, pharmaceutical players are swiftly implementing high-tech wrapping systems to ensure product integrity and transparency of the supply chain.
Asia-Pacific held the dominant position in the global wrapping machine market, accounting for 38.00% of the total share in 2024. Demand for the region's bastion is fueled by the swift growth of manufacturing sectors, particularly in China, India, and Southeast Asia. The boom in packaged food, consumer goods, and pharmaceutical consumption is driving demand for automated packaging. Additionally, local manufacturers, favorable cost, and growing investments in industrial automation are expected to fuel the steady market growth. Asia-Pacific continues to be a premier market as a result of government efforts to upgrade its food processing and industrial sectors.
China is both the dominant and fastest-growing country in the Asia-Pacific wrapping machine market. The dominance of the market is driven by vast manufacturing base, high consumption of packaged goods and strong local machine makers. It is driven by rapid industrial automation, support from the government, and surging exports. In addition, the rising demand from food, pharma, and e-commerce sectors increases the requirement for superior wrapping solutions.
Latin America is emerging as the fastest-growing region in the wrapping machine market. Countries like Brazil, Mexico, and Argentina are witnessing increased demand for modern packaging technologies due to expanding food and beverage, pharmaceutical, and e-commerce industries. Rising consumer awareness of product safety and shelf life, coupled with economic development and growing industrialization, is pushing regional manufacturers to adopt advanced wrapping machinery. Additionally, foreign investments and trade liberalization are enabling access to high-tech packaging equipment, driving rapid growth in this region compared to others.
North America holds a significant share of the wrapping machine market due to its advanced industrial infrastructure and early adoption of automation technologies. In the US and Canada, the dynamic impetus of producers in food processing, personal care, and logistics is also very crucial. The demand for automatic and stretch wrapping equipment is primarily driven by the need to maintain high standards for packaging quality, improve operational efficiency, and minimize labor costs. In addition, constant product innovation from major market players, along with a mature e-commerce ecosystem, helps keep demand afloat, allowing North America to remain relevant as an important market despite lower growth rates compared to faster-growing regions.
The U.S. wrapping machine market is expected to grow from USD 0.63 billion in 2024 to USD 0.96 billion by 2032, registering a CAGR of 5.32%. Driven by rising automation and the thriving food, pharma, and e-commerce sectors with a mature industrial base supporting it. North America is the prominent region of packaged and transparent films, with the U.S. sales emerging as the largest market, propelling by continuous technological innovation and packaging solutions with an emphasis on efficiency.
Wrapping Machine Companies are Lantech, Matco International, Syntegon Technology GmbH, Orion Packaging Systems LLC, I.M.A. Industria Macchine Automatiche S.p.A., Phoenix Wrappers, Robopac, Coesia S.p.A, Durapak, ProMach Inc.
In November 2024, Lantech upgraded its automatic stretch wrapper lineup with next-gen Metered Film Delivery for improved film control and fewer breaks. Key features like Power Roller Stretch Plus, Pallet Grip, and Load Seeking Clamp 4.0 were standardized across models. Additionally, optional LINC IoT connectivity was introduced to enable real-time monitoring and analytics.
In October 2023, Matco Tools, a renowned supplier of high-quality tools, introduced its latest diagnostic scan tool, the Maximus Plus. Specifically designed for automotive technicians, the Maximus Plus offers comprehensive coverage, OE-level capabilities, and the convenience of Android technology in a single, powerful device.
Report Attributes | Details |
---|---|
Market Size in 2024 | USD 5.29 Billion |
Market Size by 2032 | USD 7.99 Billion |
CAGR | CAGR of 5.30% From 2025 to 2032 |
Base Year | 2024 |
Forecast Period | 2025-2032 |
Historical Data | 2021-2023 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Type (Stretch, Shrink, Others) • By Mode of Operation (Automatic, Semi-Automatic) • By Application (Food, Beverages, Chemicals, Personal Care, Pharmaceuticals, Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Lantech, Matco International, Syntegon Technology GmbH, Orion Packaging Systems LLC, I.M.A. Industria Macchine Automatiche S.p.A., Phoenix Wrappers, Robopac, Coesia S.p.A, Durapak, ProMach Inc. |
Ans: The Wrapping Machine market is expected to grow at a CAGR of 5.30% from 2025-2032.
Ans: The Wrapping Machine market was USD 5.29 billion in 2024 and is expected to reach USD 7.99 billion by 2032.
Ans: Automation and efficiency are driving forces in the wrapping machine market, enabling high-speed, precise, and scalable packaging solutions across industries.
Ans: The “Stretch” segment dominated the Wrapping Machine market.
Ans: The Asia-Pacific region dominated the Wrapping Machine market in 2024.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Manufacturing Output, by Region, (2020-2023)
5.2 Utilization Rates, by Region, (2020-2023)
5.3 Maintenance and Downtime Metrix
5.4 Technological Adoption Rates, by Region
5.5 Export/Import Data, by Region (2023)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Wrapping Machine Market Segmentation by Type
7.1 Chapter Overview
7.2 Stretch
7.2.1 Stretch Market Trends Analysis (2021-2032)
7.2.2 Stretch Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Shrink
7.3.1 Shrink Market Trends Analysis (2021-2032)
7.3.2 Shrink Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Others
7.4.1 Others Market Trends Analysis (2021-2032)
7.4.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Wrapping Machine Market Segmentation by Mode of Operation
8.1 Chapter Overview
8.2 Automatic
8.2.1 Automatic Market Trend Analysis (2021-2032)
8.2.2 Automatic Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Semi-Automatic
8.3.1 Semi-Automatic Market Trends Analysis (2021-2032)
8.3.2 Semi-Automatic Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Wrapping Machine Market Segmentation by Application
9.1 Chapter Overview
9.2 Food
9.2.1 Food Market Trends Analysis (2021-2032)
9.2.2 Food Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Beverages
9.3.1 Beverages Market Trends Analysis (2021-2032)
9.3.2 Beverages Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Chemicals
9.4.1 Chemicals Market Trends Analysis (2021-2032)
9.4.2 Chemicals Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Personal Care
9.5.1 Personal Care Market Trends Analysis (2021-2032)
9.5.2 Personal Care Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Pharmaceuticals
9.6.1 Pharmaceuticals Market Trends Analysis (2021-2032)
9.6.2 Pharmaceuticals Market Size Estimates and Forecasts to 2032 (USD Billion)
9.7 Others
9.7.1 Others Market Trends Analysis (2021-2032)
9.7.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Wrapping Machine Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.2.3 North America Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.2.4 North America Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.2.5 North America Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.2.6.2 USA Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.2.6.3 USA Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.2.7.2 Canada Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.2.7.3 Canada Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.2.8.2 Mexico Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.2.8.3 Mexico Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.3 Europe
10.3.1 Trends Analysis
10.3.2 Europe Wrapping Machine Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.3.3 Europe Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.4 Europe Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.3.5 Europe Wrapping Machine Market Estimates and Forecasts, by Application(2021-2032) (USD Billion)
10.3.6 Germany
10.3.1.6.1 Germany Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.1.6.2 Germany Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.3.1.6.3 Germany Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.3.7 France
10.3.7.1 France Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.7.2 France a Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.3.7.3 France Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.3.8 UK
10.3.8.1 UK Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.8.2 UK Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.3.8.3 UK Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.3.9 Italy
10.3.9.1 Italy Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.9.2 Italy Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.3.9.3 Italy Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.3.10 Spain
10.3.10.1 Spain Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.10.2 Spain Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.3.10.3 Spain Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.3.12 Poland
10.3.12.1 Poland Wrapping Machine Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.3.12.1 Poland Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.12.3 Poland Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.3.12.3 Poland Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.3.13 Turkey
10.3.13.1 Turkey Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.13.2 Turkey Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.3.13.3 Turkey Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.3.14 Rest of Europe
10.3.14.1 Rest of Europe Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.3.14.2 Rest of Europe Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.3.14.3 Rest of Europe Wrapping Machine Market Estimates and Forecasts, by Application(2021-2032) (USD Billion)
10.4 Asia-Pacific
10.4.1 Trends Analysis
10.4.2 Asia-Pacific Wrapping Machine Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.4.3 Asia-Pacific Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.4 Asia-Pacific Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.4.5 Asia-Pacific Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.6.2 China Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.4.6.3 China Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.7.2 India Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.4.7.3 India Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.8.2 Japan Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.4.8.3 Japan Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.9.2 South Korea Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.4.9.3 South Korea Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.4.10 Singapore
10.4.10.1 Singapore Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.10.2 Singapore Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.4.10.3 Singapore Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.4.11 Australia
10.4.11.1 Australia Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.11.2 Australia Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.4.11.3 Australia Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.4.12 Rest of Asia-Pacific
10.4.12.1 Rest of Asia-Pacific Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.4.12.2 Rest of Asia-Pacific Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.4.12.3 Rest of Asia-Pacific Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Trends Analysis
10.5.2 Middle East and Africa East Wrapping Machine Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.5.3Middle East and Africa Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.5.4 Middle East and Africa Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.5.5 Middle East and Africa Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.5.6 UAE
10.5.6.1 UAE Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.5.6.2 UAE Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.5.6.3 UAE Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.5.7 Saudi Arabia
10.5.7.1 Saudi Arabia Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.5.7.2 Saudi Arabia Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.5.7.3 Saudi Arabia Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.5.8 Qatar
10.5.8.1 Qatar Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.5.8.2 Qatar Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.5.8.3 Qatar Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.5.9 South Africa
10.5.9 1 South Africa Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.5.9 2 South Africa Wrapping Machine Market Estimates and Forecasts by Mode of Operation (2021-2032) (USD Billion)
10.5.9 3 South Africa Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.5.10 Rest of Middle East & Africa
10.5.10.1 Rest of Middle East & Africa Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.5.10.2 Rest of Middle East & Africa Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.5.10.3 Rest of Middle East & Africa Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Wrapping Machine Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
10.6.3 Latin America Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.6.4 Latin America Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.6.5 Latin America Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.6.6.2 Brazil Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.6.6.3 Brazil Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.6.7.2 Argentina Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.6.7.3 Argentina Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
10.6.8 Rest of Latin America
10.6.8.1 Rest of Latin America Wrapping Machine Market Estimates and Forecasts, by Type (2021-2032) (USD Billion)
10.6.8.2 Rest of Latin America Wrapping Machine Market Estimates and Forecasts, by Mode of Operation (2021-2032) (USD Billion)
10.6.8.3 Rest of Latin America Wrapping Machine Market Estimates and Forecasts, by Application (2021-2032) (USD Billion)
12. Company Profiles
12.1 Lantech
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.2 Matco International
12.2.1 Company Overview
12.2.2 Financial
12.2.3 Products/ Services Offered
12.2.4 SWOT Analysis
12.3 Syntegon Technology GmbH
12.3.1 Company Overview
12.3.2 Financial
12.3.3 Products/ Services Offered
12.3.4 SWOT Analysis
12.4 Orion Packaging Systems LLC
12.4.1 Company Overview
12.4.2 Financial
12.4.3 Products/ Services Offered
12.4.4 SWOT Analysis
12.5 I.M.A. Industria Macchine Automatiche S.p.A.
12.5.1 Company Overview
12.5.2 Financial
12.5.3 Products/ Services Offered
12.5.4 SWOT Analysis
12.6 Phoenix Wrappers
12.6.1 Company Overview
12.6.2 Financial
12.6.3 Products/ Services Offered
12.6.4 SWOT Analysis
12.7 Robopac
12.7.1 Company Overview
12.7.2 Financial
12.7.3 Products/ Services Offered
12.7.4 SWOT Analysis
12.8 Coesia S.p.A
12.8.1 Company Overview
12.8.2 Financial
12.8.3 Products/ Services Offered
12.8.4 SWOT Analysis
12.9 Durapak
12.9.1 Company Overview
12.9.2 Financial
12.9.3 Products/ Services Offered
12.9.4 SWOT Analysis
12.10 ProMach Inc.
12.10.1 Company Overview
12.10.2 Financial
12.10.3 Products/ Services Offered
12.10.4 SWOT Analysi
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Type
Stretch
Shrink
Others
By Mode of Operation
Automatic
Semi-Automatic
By Application
Food
Beverages
Chemicals
Personal Care
Pharmaceuticals
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Poland
Turkey
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players