Cling Wrap Machine Market Size, Growth Report 2022-2030

1. 11/3/22, 4:42 PM Cling Wrap Machine Market Size, Growth Report 2022-2030 Search report Keywords Home / Packaging / Paper and Board / Cling Wrap Machine Market Cling Wrap Machine Market Rep Id : TMRGL84897 Cling Wrap Machine Market (Operating Type: Automatic, Semi-automatic, and Manual; and August 2022 Machine Type: Horizontal and Vertical) - Global Industry Analysis, Size, Share, Growth, Trends, and Packaging Forecast, 2022-2030 194 Pages Report Preview Table of Content Transparency Plus Request FREE Sample Cling Wrap Machine Market Outlook 2030 The global cling wrap machine market was valued at US$ 516.0 Mn in 2021 The global market is projected to grow at a CAGR of 3.8% from 2022 to 2030 The global cling wrap machine market is anticipated to reach US$ 720.1 Mn by 2030 Select License Type Single User license $5795 Multi-User license $8795 Analysts’ Viewpoint on Cling Wrap Machine Market Scenario Corporate license $11795 The global cling wrap machine market is anticipated to grow at a moderate pace during the forecast period due to the rise in demand for advanced packaging technology among end users, Buy Now increase in consumer preference for sustainable packaging, innovations by manufacturers, and favorable government policies. Introduction of easy-to-use and cost-effective cling wrap machines Safe and Secure SSL Encrypted is also a key factor for the promising cling wrap machine market growth forecast. Benefits of cling Get A Special pricing for start-ups and universities. wrap such as tamper-proof packaging, secure packaging solution for edible items, and low power consumption are expected to propel the cling wrap machine market outlook in the next few years. Request Discount Leading players in the cling wrap machine market should focus on innovation in machinery solutions to increase their market share. - Need More Info? - Enquiry Before Buying Request Methodology Ask References Free Customization - Want to customize this report? - We employ Market Analysis, Benchmarking, Corporate Intelligence, and Technological Intelligence to understand specific requirements and customize report with a quick turnaround time in a dynamic business environment. Cling Wrap Machine Market Introduction As per cling wrap machine market demand analysis, the market is anticipated to grow in the We offer 100% Free Customization at the time of purchase near future due to the increase in usage of cling wrap machines in the food & beverage industry. Rise in demand for fresh produce and frozen products is also driving the cling wrap Connect To Analyst machine market scenario. According to the cling wrap machine market assessment, the market is projected to create an incremental opportunity of US$ 186.9 Mn during 2022-2030, growing at a CAGR of 3.8% during the forecast period. The cling wrap machine market sales analysis - Trusted Partners - indicates that adoption of end-of-line packaging machines by volumetric industries to ensure safety of products is driving the market. Request a sample to get extensive insights into the Cling Wrap Machine Market https://www.transparencymarketresearch.com/cling-wrap-machine-market.html 1/6

2. 11/3/22, 4:42 PM Cling Wrap Machine Market Size, Growth Report 2022-2030 Introduction of High-Speed Machines Augmenting Global Cling Wrap Machine Market Outlook Quick Contact 866-552-3453 Global manufacturers of packaging machines are investing significantly in research & +1-518-618-1030 development activities to offer technologically advanced and high-speed packaging machinery Contact by email to end use industries. Similarly, cling wrap machine producers are focusing on differentiating their solutions from competitors by providing features such as display screen and speed Why trust Us? 5 Million+ Market Data configurations. According to cling wrap machine market competition analysis, this would help companies gain a competitive edge over the existing players in the market. Significant rise in demand for packaged food items such as fruits, vegetables, meat, poultry, and - Related Reports - fish is expected to boost the demand for cling wrap films that help retain freshness and quality Insulated Envelope Market of products. This is anticipated to augment the sales of cling wrap machines. Additionally, the Child Resistant Closures Market usage of transparent packaging on fresh produce enhances product esthetics. It also adds to the Skincare Packaging Market shelf life of products. Thus, cling wrap machines are gaining momentum as preferred solutions Textile Bags Market for applying films & wraps upon trays and packets across the globe. Cryotubes Market Impact of COVID-19 on Cling Wrap Machine Market The COVID-19 outbreak compelled major end use industries using cling wrap machines to temporarily shut their operations. Just food and pharmaceutical industries were allowed to function under strict regulations. Edible items and medicinal drugs were witnessing a remarkable rise in sales across the world. Despite considerable demand for cling wrap machines in essential industries, the global sales of cling wrap machines witnessed negative growth during the breakout year of the pandemic. After the relaxation of restrictions imposed by federal governments, end use industries have started production at full capacity in order to recover from the negative impact of the pandemic. Thus, reopening of production and packaging facilities by end use industries is leading to a prolific rise in global sales of cling wrap machines. Request a custom report on Cling Wrap Machine Market Rise in Demand for Frozen Food Products Fueling Sales of Cling Wrap Machines Surge in number of food & beverages brands offering frozen products in all parts of the world has resulted in the fast-paced acceptance of these products among consumers. Significant growth in expenditure on food & beverages by the young consumer base is encouraging globally renowned food brands to expand their production capacities continuously. Rise in popularity and increase in sale of frozen food products is positively impacting the global cling wrap machine market. Cling wrap machine is becoming popular as the preferred stretch wrapping solution in the modern-day packaging machinery market. Growth in Adoption of Cling Wrap Machine in Pharmaceutical Industry The innovation-driven pharmaceutical industry is coming up with several new packaging formats and techniques to overcome the existing limitations of traditional packaging types. As a result, pharmaceutical companies are moving toward the latest end-of-line packaging solutions to ensure safe packaging of their drugs and equipment. Globally renowned pharma companies need to supply their products to the farthest markets across the regions. Manufacturers are adopting cling wrap machines as preferred packaging solutions to ensure tamper-proof packaging of pharmaceutical products. Thus, the global sales of cling wrap machine are expected to rise at a rapid pace in various end-use industries (including pharma). Shift in Focus Toward Sustainable Packaging Positively Impacting Global Cling Wrap Machine Market https://www.transparencymarketresearch.com/cling-wrap-machine-market.html 2/6

3. 11/3/22, 4:42 PM Cling Wrap Machine Market Size, Growth Report 2022-2030 The educated consumer base in the developed markets of Europe and North America is switching to sustainably sourced packaging materials over environmentally harmful packaging materials. Cling wrap film is made up of plastic, which is a 100% recyclable raw material compared to metal, wood, and paper. Manufacturers of cling wrap machines can position their cling wrap machine solutions, which use cling wrap films as sustainable end-of-the-line packaging solutions, to target environmentally concerned customers. Globally renowned cling wrap machine manufacturers can market their brands as sustainable practitioners. Thus, the popular brands in the packaging machinery market are also focusing on regional expansion in lucrative foreign markets. Expansion of International Food Brands and Entry of Newer Brands Propelling Market International food brands have witnessed remarkable growth in recent years, due to the rise in adoption of packaged food products and growth in popularity of on-the-go foods in almost all parts of the world. This is expected to contribute to the growth of the global cling wrap machine market. Entry of newer brands offering fresh produce such as fruits, vegetables, meat, poultry, and fish into the food industry is also encouraging customers to pay more for appropriate packaging of consumable products. Thus, increase in number of food brands in the market is likely to drive the demand for machinery solutions used in packaging, thus boosting the cling wrap machine market aspects. Technological Innovations Driving Packaging Machinery Market Constant rise in demand for packaged goods has prompted end-use industries to increase their production and packaging capacities. Moreover, packaging machinery manufacturers need to offer packaging machinery with optimum power consumption and high-speed packaging features. This would help popular brands monetize the lucrative growth opportunities offered at the global level. Regional Outlook of Cling Wrap Machine Market Asia Pacific is expected to remain the dominant region of the global cling wrap machine market during the forecast period. The market in the region is estimated to grow 1.2x its current market value by the end of the forecast period. Easy availability of raw materials used in the production of cling wrap machines in Asia Pacific is attracting the majority of packaging machinery manufacturers due to the low cost of land, labor, and technology. This is creating lucrative cling wrap machine market opportunities in Asia Pacific. Growth of the food & beverages sector in Asia Pacific is also driving the demand for cling wrap machines in the region. The cling wrap machine market in North America and Europe is expected to witness moderate growth during the forecast period, led by the presence of globally renowned machinery manufacturers in these regions. The market in the U.S. is anticipated to grow at 3.5% CAGR between 2022 and 2030. On the other side, the cling wrap machine market in Germany is expected to grow at a 3.0% CAGR during the forecast period. Analysis of Key Players in Cling Wrap Machine Market The cling wrap machine market report concludes with the company profiles section, which includes key information about major players in the global cling wrap machine market. Leading players analyzed in the report include Signode Industrial Group LLC, Webster Griffin Ltd, Packway Inc., ProMach Inc., Italdibipack SpA, Hangzhou Youngsun Intelligent Equipment Co., Ltd, AETNA Group SpA, nVenia LLC, Lantech, and FROMM Group. Each of these players has been profiled in the cling wrap machine market report based on parameters such as company overview, key financials, business segments, business strategies, product portfolio, and recent developments. Global Cling Wrap Machine Market Snapshot https://www.transparencymarketresearch.com/cling-wrap-machine-market.html 3/6

4. 11/3/22, 4:42 PM Cling Wrap Machine Market Size, Growth Report 2022-2030 Attribute Detail Market Size US$ 516.0 Mn Value in 2021 Market Forecast Value US$ 720.1 Mn in 2030 Growth Rate 3.8% (Year-to-Year) (CAGR) Forecast 2022–2030 Period Quantitative US$ Mn for Value & Units for Volume Units It includes cross segment analysis at global as well as regional level. Market Moreover, qualitative analysis includes drivers, restraints, opportunities, key Analysis trends, and parent industry overview. Market share analysis by company (2021) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials Competition Landscape Format Electronic (PDF) + Excel Operating Type Automatic Semi-automatic Manual Machine Type Horizontal Vertical End Use Food & Beverages Healthcare Electrical & Electronics Other Consumer Goods Market Segmentation North America Latin America Europe APAC MEA Regions Covered https://www.transparencymarketresearch.com/cling-wrap-machine-market.html 4/6

5. 11/3/22, 4:42 PM Cling Wrap Machine Market Size, Growth Report 2022-2030 U.S. Canada Brazil Mexico Germany Spain France U.K. Italy Russia China India Japan GCC Countries South Africa Countries Covered Signode Industrial Group LLC Webster Griffin Ltd Packway Inc. ProMach Inc. Italdibipack SpA Hangzhou Youngsun Intelligent Equipment Co., Ltd AETNA Group SpA nVenia LLC Lantech Technowrapp Srl Cousins Packaging Inc. Berran Industrial Group, Inc. G.G. Macchine S.r.l. Phoenix Wrappers REO-PACK A/S Wulftec International Inc. Innova Maquinaria Industrial S.L FROMM Group Matco International Atlanta Stretch SpA Companies Profiled Customization Available upon request Scope Pricing Available upon request Interested in this report? Get a FREE sample now! Get Free Sample *Get Sample Report (PDF) sent to your email within minutes https://www.transparencymarketresearch.com/cling-wrap-machine-market.html 5/6

6. 11/3/22, 4:42 PM Cling Wrap Machine Market Size, Growth Report 2022-2030 Frequently Asked Questions What was the value of the cling wrap machine market in the base year? The global cling wrap machine market was valued at US$ 516.0 Mn in 2021. What will be the worth of the global cling wrap machine market by the end of 2030? At what rate is the global cling wrap machine market anticipated to expand during 2022-2030? Which operating type segment is estimated to remain the leading segment in the global cling wrap machine market? What drives the demand for the cling wrap machine? Which end use segment generates high demand for the cling wrap machine? Who are the top players operating in the cling wrap machine market? What is the growth outlook for the Indian cling wrap machine market? - Help - - Follow Us - Terms Of UseCustomer FAQHow To OrderPrivacy PolicySitemap U.S Sales Office Corporate Headquarter Reach Us +1-518-618-1030 State Tower, 90 State Street, Suite 700, Albany NY - 12207, United States Downtown, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA 866-552-3453 (US-Canada Toll Free) sales@transparencymarketresearch.com Trust Online Copyright © Transparency Market Research, Inc. All Rights reserved https://www.transparencymarketresearch.com/cling-wrap-machine-market.html 6/6