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Shrink packaging is used to combine small products and package them together as a way to increase durability. The process involves making bundles of commodities to provide protection against routine wear and tear. The chances of damage through exposure to moisture or water is greatly reduced by this method. This packaging works best for small items, making bundles of the same to enable seamless transportation. Heat plays a very important role in the market process. The two major steps involved in the shrink wrap packaging process requires a heat machine and shrink wrap thereafter. Shrink is a category of polymer plastic wrap, comprising of polyethylene, polyvinyl chloride (PVC) and polyolefin. The material which is highly consumed in shrink wrap is polyolefin. These wraps also commonly called as films, vary according to visibility, tenacity, shrinking capacity and sturdiness and can be used accordingly serving various purposes. The process of shrink packaging is enclosing and securing the item or bundles with the film or wrap with the help of a heat gun or heat tunnel.
The global Shrinkwrap Packer market was valued at US$ 613 million in 2023 and is anticipated to reach US$ 822 million by 2030, witnessing a CAGR of 4.5% during the forecast period 2024-2030.
Krones is the largest manufacturer of Shrinkwrap Packer in global, with a market share of about 20%, along with other core companies such as KHS GROUP, Sidel Group and AETNA GROUP. In terms of product categories, Fully Automatic has the largest market share of around 77%. From an application perspective, Beverages account for the largest share of the market, accounting for about 15% of the market share, followed by Consumer Goods with 14% of the market share.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Shrinkwrap Packer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Shrinkwrap Packer.
The Shrinkwrap Packer market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Shrinkwrap Packer market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Shrinkwrap Packer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Krones
KHS Group
Sidel Group
AETNA GROUP
Sealed Air
ProMach
Douglas Machine
ACMI SpA
Delkor Systems
Zambelli Packaging
Beijing Yongchuang Tongda
Hangzhou Youngsun
Newamstar
Guangzhou Tech-Long
SMI Group
Gurki Packaging Machine
Guangzhou Vanta
Wenzhou Zhongwang Packaging
Peiyu
SCIL Machinery
by Type
Fully Automatic Shrinkwrap Packer
Semi-automatic Shrinkwrap Packer
by Application
Food
Beverage
Condiment
Dairy Industry
Consumer Goods
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Shrinkwrap Packer manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Shrinkwrap Packer by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Shrinkwrap Packer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The global Shrinkwrap Packer market was valued at US$ 613 million in 2023 and is anticipated to reach US$ 822 million by 2030, witnessing a CAGR of 4.5% during the forecast period 2024-2030.
Krones is the largest manufacturer of Shrinkwrap Packer in global, with a market share of about 20%, along with other core companies such as KHS GROUP, Sidel Group and AETNA GROUP. In terms of product categories, Fully Automatic has the largest market share of around 77%. From an application perspective, Beverages account for the largest share of the market, accounting for about 15% of the market share, followed by Consumer Goods with 14% of the market share.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Shrinkwrap Packer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Shrinkwrap Packer.
The Shrinkwrap Packer market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Shrinkwrap Packer market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Shrinkwrap Packer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Krones
KHS Group
Sidel Group
AETNA GROUP
Sealed Air
ProMach
Douglas Machine
ACMI SpA
Delkor Systems
Zambelli Packaging
Beijing Yongchuang Tongda
Hangzhou Youngsun
Newamstar
Guangzhou Tech-Long
SMI Group
Gurki Packaging Machine
Guangzhou Vanta
Wenzhou Zhongwang Packaging
Peiyu
SCIL Machinery
by Type
Fully Automatic Shrinkwrap Packer
Semi-automatic Shrinkwrap Packer
by Application
Food
Beverage
Condiment
Dairy Industry
Consumer Goods
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Shrinkwrap Packer manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Shrinkwrap Packer by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Shrinkwrap Packer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
