Global Pallet Stretch Wrapping Machine Market - 2021-2028
|出版日期||內容資訊||英文 180 Pages
|全球托盤拉伸包裝機市場：2021-2028 Global Pallet Stretch Wrapping Machine Market - 2021-2028|
|出版日期: 2021年08月20日||內容資訊: 英文 180 Pages||
Pallet Stretch Wrapping Machine Market Overview
The global pallet stretch wrapping machine market is estimated to reach US$ YY million by 2028 from the recorded market size of worth US$ YY million in 2020, growing at a CAGR of YY% during the forecast period (2021-2028).
Product damage while transportation caused due to unstable wrapping is a significant challenge faced by manufacturers across various end-use industries that triggered the demand for the unitization of loads with a stable and effective wrapping of bulk products on the pallet. Pallet stretch wrapping machine is also known as carton shrink wrapping machine as the technique used by pallet wrapping machine requires the products to be stacked on the pallets, and then they wrap the assemblage. The film offers extra support while the products are being stored & transported to protect them from spill, tip, or damage.
Additionally, wrapped loads can easily be identified and separated. A pallet stretch wrapping machine is perfect for wrapping pallets, including high-cube containers, ready to be exported in containers. Also, the stretch film packing is used for protection against moisture, perforation, protection against corrosion from dust, sea air, etc.
Moreover, due to an increment in the demand for a flexible, compact, and space-saving packaging system, the global market of pallet stretch wrapping machines has been affected with steady growth over many years. In addition, people also use coil packing machines, but it does not have advanced and Innovative Mechatronics like a pallet wrapping machine. They help in handling and picking pallet loads of various weights and heights. This system ensures that during the time of transportation or shipment, there is no displacement of products.
Pallet Stretch Wrapping Machine Market Dynamics
The increasing inclination of consumers towards packed food & beverages products is triggering the demand for pallet stretch wrapping machine in recent times. Growing demand for speedy and secure product delivery creates a strong opportunity for the pallet stretch wrapping machine market growth.
Increasing demand of pallet stretch wrapping machine from food & beverages industry is expected to increase the market growth
The food & beverage sector has dominated the global pallet stretch wrapping machines market for several years. The increasing food and beverage industry has driven the use of packaging of food products shipped across regions. Dynamic shipping of food products with no spillage or damage boosts pallet stretch wrapping in the industry as they stabilize the loads, which has pushed the demand for pallet stretch wrapping machines. Moreover, the increasing adoption of these machines has attracted several manufacturers to develop efficient packaging machines by improvising and optimizing their products. In 2017, pallet stretch wrapping machines in the food and beverage industry were around USD 176.89 million. In addition, the automotive industry is the second-largest and a lucrative one. As per research, the adoption of pallet stretch wrapping machines in this sector is growing relatively high rate than in the food and beverages industry. As a result, the sales of these packaging machines in the automotive industry are projected to expand at a rate of 4.5% during the forecast period.
Growing demand for speedy and secure product delivery is expected to boost the market growth
The global pallet stretch wrapping machine industry is rising rapidly due to a growing demand for speedy and secure product delivery, an increased need for packed products, and efficient and stable packaging. The pallet stretch wrappers come in new and creative features and designs to meet the customers' requirements. It offers practical and stable wrapping for several heavy products and accounts for the unitization of the load of the products. Moreover, pallet stretch wrapping machines are extensively used in the industries such as pharmaceuticals, consumer products and textiles. To maintain wrapping standards, manufacturers are focusing on organizing technologies into the pallet stretch wrapping machines. These machines are provided with technologically advanced sensors to automatically recognize the load height, weight, and stability quotient. Such features are protruded to be boosting the global pallet stretch wrapping machines market.
High cost and low production are expected to hinder the market growth
However, less affordability of the device by the small enterprise due to high cost and low production is the major factor among others acting as a restraint. It will further challenge the growth of the pallet stretch wrapping machine market.
Pallet Stretch Wrapping Machine Market Segment Analysis
By machine type, the market is segmented into automatic, turntable, ring, robotic, rotary arm, single-arm, semi-automatic and others.
Semi-automatic stretch wrapping machines are almost fully automated, and they need some human intervention to join the film to the load. Therefore, an operator would be required to run these types of stretch wrapping machines adequately and safely. Moreover, it is an ideal choice for warehouses with a lower output volume. Many different types of semi-automatic stretch wrappers adapt to the needs and demands of various packaging operations.
Moreover, another type of automatic stretch wrapper is the rotary arm stretch wrapper. Rotary Arm-style automatic stretch wrappers are engineered for demanding applications. The uses of rotary arm-style machines include the secure wrapping of lightweight or irregular loads and higher throughput capacity.
Pallet Stretch Wrapping Machine Market Geographical Analysis
Based on the geography, the pallet stretch wrapping machine market is segmented into North America, Europe, South America, Asia-Pacific, and Middle East & Africa. The demand for pallet stretch wrapping machine in the North American market is expected to remain at the dominant position in sales and value generation due to the growing volume of trade and e-commerce in countries such as the U.S.
North America largest market shares during the forecast period
North America holds the largest market share for pallet stretch wrapping machine due to the rise in commerce. Grown adoption of pallet stretch wrapping in the food and beverage industry to transport their products because of their ability to absorb bacteria naturally. Such cost benefits associated with pallet stretch wrapping are identified as significant factors driving the region's growth. For instance, The U.S. Department of Commerce predicts consumers spent USD 513.60 billion online in 2018, up 14.19% from 2017. As a result, total retail sales increased 4.09% to USD 3.62 trillion, according to its figures.
Asia-Pacific is the largest growing region for the pallet stretch wrapping industry because the semi-automatic machine is increasingly being adopted by production units, distribution centers and manufacturing units because of their cost-effectiveness. In addition, it has extensively been used in the pharmaceutical and automotive industries that are expected to boost regional growth. Also, the manufacturers are focusing on organizing technologies into the pallet stretch wrapping machines to increase the product feature and demand. In 2020, over 19.8 million passenger cars were sold in China, making it the largest market in the APAC region. Japan was the second-largest market in the region, with over 3.9-million-unit sales in 2020.
Pallet Stretch Wrapping Machine Market Competitive Landscape
The pallet stretch wrapping machine market is fragmented with the presence of regional and global players. The competitive contour lies with the increase in the regional company and growing investment in upstream application. MAILLIS Group, Aetnagroup S.p.A., FROMM Group, Atlanta Stretch SpA, Muller LCS., ARPAC LLC., Youngsun Intelligent Equipment Co. Ltd., Phoenix Wrappers, Nitech IPM, Orion Packaging Systems LLC are the major player in the packaging market. The major players adopt several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the pallet stretch wrapping machine market globally.
Overview: The Maillis Group semi-automatic stretch wrappers include a complete range of top-class turntables, rotary arms and mobile wrappers. Depending on the application demand, user can choose the best solution, and you can optimize the wrapping cycle with many options, such as more giant turntables, access ramps, transpallet horse-shoe design, automatic cut and attach system and selection of pre-stretch carriage, all combined with advanced control features.
It is a scalable and versatile turntable semi-automatic machine for concentrated and demanding stretch film applications, optimizing film consumption and guaranteeing full command of all wrapping parameters throughout the cycle. The high-end machine invented per Industry 4.0 concept, ProWrap, ensures the customer optimization of the transit packaging solution for their specific industry.
It guarantees to save resources and time and supervision of machine productivity (up to 30 plts/hour), working time and film consumption.
It is a semi-automatic machine for wrapping palletized loads among stretch films. It is the best solution for the most common pallet wrapping applications and requirements. Moreover, it is designed according to the essential safety standards (safety stop for an immediate stop of all machine parts; anti-fall device redundancy). In addition, OneWrap can enhance customer productivity thanks to the automatic operating mode (up to 45 pallets/h).
The global pallet stretch wrapping machine market report would provide an access to an approx. 69 market data table, 78 figures and 180 pages.
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