Market Research Report
North America Wrapping Machine Market (2019-2025)
|Published by||KBV Research||Product code||915371|
|Published||Content info||64 Pages
Delivery time: 1-2 business days
|North America Wrapping Machine Market (2019-2025)|
|Published: October 30, 2019||Content info: 64 Pages||
The North America Wrapping Machine Market would witness market growth of 6.4% CAGR during the forecast period (2019-2025). Perishable food products of limited shelf life, like bakery, dairy, and related products, expose them to waste, contamination, and climate change. This, in effect, is likely to increase wrapping machine demand, specifically in the food application sector. Strict government restrictions and food packaging policies are expected to increase market growth in order to avoid food degradation and pollution.
The beverage industry primarily deals with alcoholic or non-alcoholic beverages sold in various product forms, like cans and bottles. Wrapping device is widely used for person wrapping as well as unitizing as it offers fast handling and convenience as well as storing different beverage items. The chemical segment is estimated to grow significantly over the forecast period. Especially during handling, transport and storage, chemicals need appropriate packaging. These can be harmful and affect people who come into contact with chemicals like this. In addition, many chemical packaging regulations are likely to benefit market growth.
Based on Type, the market is segmented into Stretch Wrapping Machine, Shrink Wrapping Machine and Others. Based on Mode of Operation, the market is segmented into Semi-Automatic Wrapping Machine and Automatic Wrapping Machine. Based on Application, the market is segmented into Food Industry, Beverages Industry, Personal Care, Pharmaceuticals, Chemicals and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IMA Group, Duravant LLC, BEUMER Group GmbH & Co. KG, Lantech LLC, ProMach, Inc., Maillis Group S.A. (H.I.G. Capital LLC), Robert Reiser & Co., Inc., Aetna Group S.p.A., Atlanta Stretch SpA and American Packaging Machinery, Inc.