Global Shrink Packaging Equipment Market Growth (Status and Outlook) 2024-2030

Global Shrink Packaging Equipment Market Growth (Status and Outlook) 2024-2030

Shrink packaging system is a packaging technology system that uses heat-shrinkable plastic film to wrap products or packages, and heats the film to shrink and adhere to the surface of the packaged product. This system is widely used in many industries such as food, medicine, and chemicals to improve the appearance and decoration of products, protect products from damage, and facilitate the transportation and sales of goods.

The global Shrink Packaging Equipment market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “Shrink Packaging Equipment Industry Forecast” looks at past sales and reviews total world Shrink Packaging Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Shrink Packaging Equipment sales for 2023 through 2029. With Shrink Packaging Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shrink Packaging Equipment industry.

This Insight Report provides a comprehensive analysis of the global Shrink Packaging Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Shrink Packaging Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Shrink Packaging Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shrink Packaging Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shrink Packaging Equipment.

United States market for Shrink Packaging Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Shrink Packaging Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Shrink Packaging Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Shrink Packaging Equipment players cover Maripak, Hakko, Texwrap, Benison & Co., Ltd., Durapak, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Shrink Packaging Equipment market by product type, application, key players and key regions and countries.

Segmentation by Type:
Fully Sutomatic
Semi-automatic
Manual

Segmentation by Application:
Food
Daily Chemicals
Pharmaceuticals
Electronics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Fully Sutomatic
Semi-automatic
Manual

Segmentation by Application:
Food
Daily Chemicals
Pharmaceuticals
Electronics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Maripak
Hakko
Texwrap
Benison & Co., Ltd.
Durapak
Kete Group Limited
Hualian Machinery
SMI Group
Sidel Group
KHS Group
Aetna Group
Gurki Packaging Machine
Guangzhou Tech-Long
SCIL-machinery

Please note: The report will take approximately 2 business days to prepare and deliver. Show more