Fully Automatic Shrink Wrapper Market size was valued at USD 2.5 Billion in 2024 and is forecasted to grow at a CAGR of 8.3% from 2026 to 2033, reaching USD 4.8 Billion by 2033.
In 2022, the global fully automatic shrink wrapper market was valued at approximately USD 200 million and is projected to reach USD 320 million by 2030, growing at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2030. This growth is primarily driven by increasing demand in sectors such as food and beverages, pharmaceuticals, and consumer goods, where efficient and high speed packaging solutions are essential. The markets expansion is further supported by advancements in automation technology and the rising emphasis on sustainable packaging solutions. Regionally, North America held a significant share of the shrink wrap equipment market in 2024, accounting for over 35.0%. This dominance is attributed to strong demand from the food and beverage sector, widespread adoption of automation, and stringent packaging regulations. In contrast, the Asia Pacific region is anticipated to experience the highest growth rate during the forecast period, driven by rapid industrialization, increasing disposable incomes, and a growing preference for packaged goods. Countries like China and India are at the forefront of this expansion, benefiting from large manufacturing bases and expanding retail sectors.
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Krones
KHS Group
Sidel Group
AETNA GROUP
Hangzhou Youngsun
Newamstar
Gurki Packaging Machine
SMI Group
Guangzhou Vanta
Guangzhou Tech-Long
Wenzhou Zhongwang Packaging
SCIL-machinery
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Fully Automatic Shrink Wrapper Market
Plastic Films
Paperboard
Shrink Sleeves
Polyethylene
Polypropylene
Food and Beverage
Pharmaceutical
Cosmetics and Personal Care
Electronics
Consumer Goods
Fully Automatic
Semi-Automatic
Manual
Horizontal Shrink Wrapper
Vertical Shrink Wrapper
Bundling Shrink Wrapper
Tray Shrink Wrapper
Low Capacity (Up to 30 packs/min)
Medium Capacity (30-80 packs/min)
High Capacity (Above 80 packs/min)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Fully Automatic Shrink Wrapper Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Fully Automatic Shrink Wrapper Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Fully Automatic Shrink Wrapper Market, By Type
6. Global Fully Automatic Shrink Wrapper Market, By Application
7. Global Fully Automatic Shrink Wrapper Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Fully Automatic Shrink Wrapper Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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