Global Wrapping Machine market to grow at a CAGR of 7.2% during the forecast period 2024 - 2031.

A wrapping machine is an automated or semi-automated device used to wrap products or packages with materials such as plastic film, paper, or foil. It enhances packaging efficiency, protects items during transit, and improves product presentation in industries like food, pharmaceuticals, and logistics.

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Forecast Growth Projected:

The Global Wrapping Machine Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Wrapping Machine Market:

Duravant LLC, ProMach, Inc., Robert Bosch GmbH, Coesia S.p.A., Aetnagroup S.p.A., IMA Group., Lantech, Maillis Group, Brenton, LLC.

Industry Development:

In October 2021, Duravant LLC secured a major investment from Carlyle-led funds while continuing its partnership with Warburg Pincus, reinforcing its growth strategy.

Segment Covered in the Wrapping Machine Market:

By Machine Type: Shrink, Stretch, Others.

By Mode of Operation: Semi-automatic, Automatic.

By Application: Food, Beverages, Personal Care, Chemicals, Pharmaceuticals, Others.

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for Wrapping Machine Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)