The global bundling machine market was worth US$ 3.7 Billion in the year 2022 and is expected to reach US$ 6.9 Billion at a whopping CAGR of 10.4% between 2022 and 2032.

Bundling machines, as the name suggests, are used to package a broad spectrum of products in a single wrap. Several kinds of bundles are being used in such machines like stretch films, shrink films, and films made out of blown or cast films.

The films mentioned above could be mono layer or multi-layer films, which are generally used as per strength or barrier needed in a specific packaging process. With OEE (Overall Equipment Effectiveness) technique being incorporated, the bundling machine market is slated to get augmented in the years to come.

At the same time, growing inclination toward strapping machines is likely to lessen the demand for bundling machines around the world in the near future. They are expected to be used at a large scale for load security, handling aids, closing, and bundling applications.

Key Takeaways from Bundling Machine Market

·     North America holds a sizable market share due to the US being subject to higher demand for bundling machines in food & beverage vertical. Plus, the consumers are shifting toward organic and functional beverages for driving the market herein. This retail network’s expansion is a vital factor accelerating the bundling machine market.

·    The Asia-Pacific is expected to grow at a remarkable rate in the bundling machine market in the forecast period with pharmaceutical and personal care sectors expanding at a notable rate. Additionally, ready-to-eat meals are in greater demand in countries like India and China.

Competitive Arena

·  American Packaging Machinery does custom design as well as produce 100% automatic shrink bundling machinery and shrink wrapping machinery. The good part is that the equipment is custom-designed as per application.

·      The Arpac Group’s offerings are inclusive of side-seal horizontal wrappers along with the bottom overlap horizontal wrappers accepting diverse product lengths and sizes at 120/min.

·   Felins do create various consumable materials and packaging machines to enable plastic banding, paper binding, shrink wrapping, strapping equipment, automated rubber banding, adhesive-free labeling, automated paperboard sleeving, and stretch film banding equipment.

·      Some of the leading companies present in the global bundling machine market are American Packaging Machinery, Inc., Mosca GmbH, Polychem Corporation, Cyklop Nederland B.V., Arpac LLC, Promach, Inc., EDL Packaging, Inc., Felins, Inc., and SS Automation & Packaging Machinery among others.

What does the Report Cover?

·     The research study is based on substrate material (polyethylene, PLA, PET, and PP), by technology (custom, continuous motion, and intermittent motion), and by end-use (consumer goods, food & beverage, cosmetics & personal care, building and construction, and pharmaceuticals).

·       With automation techniques flourishing, the bundling machines market is slated to witness persistence in the upcoming period.

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