Stretch wrap machines are used as end-of-line packaging solutions for various industries. Stretch wrapping is one of the most commonly used specialized plastic packaging systems. In our report, we have categorized the market into four different segments: product type, automation level, end users, and regions.
Albany, NY -- (SBWIRE) -- 01/23/2019 -- Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled "Global Stretch Wrap Machines Market - Size is projected to be around US$ 1,356 Million by 2026". This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with a growth of manufacturers in the global market for Stretch Wrap Machines. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.
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The global stretch wrap machines market is estimated to be valued at US$ 758.1 Mn by the end of 2018 and is expected to reach US$ 1,356.0.8 Mn by the end of 2026 with a CAGR of 7.5% over the forecast period. Between 2018 and 2026, the market is anticipated to reach US$ 597.8 Mn.
The next section of the report covers the detailed market share analysis, Y-o-Y growth, and market attractiveness analysis on the basis of segments such as product type, automation level, end use and regions. A section of the report also highlights the country-wise demand for stretch wrap machines. This section of the report provides the outlook for 2018-2026 and sets the forecast within the context of the report, which includes technological advancements as well as the high demand of stretch wrap machines in various regions for advanced packaging activities.
In the final section of the report, a competitive landscape has been included that provides report audience with a dashboard view and a market structure. Detailed profiles of manufacturers along with an appendix are also included to evaluate their long-term & short-term strategies, key offerings, and recent developments in the stretch wrap machines market. Key players in the global stretch wrap machines market include Signode Industrial Group LLC, Webster Griffin Ltd., M. J. Maillis Group, Packway Inc., ProMach, Italdibipack S.p.A., Aetnagroup S.p.A., ARPAC LLC, Lantech, Technowrapp Srl, Cousins Packaging Inc., etc.
The global stretch wrap machines market is segmented on the basis of product type, automation level, end users, and by region/country. On the basis of product type, the market can be segmented into turntable, rotary arm, robotic, and others. On the basis of automation level, it has been segmented into manual, semiautomatic, and automatic. On the basis of end users, it has been segmented into food & beverage, pharmaceutical, consumer, construction, chemical, automotive, and industrial. On the basis of regions, the market has been segmented into North America, Latin America, Europe, China, SEA & Pacific, Middle East & Africa, and India.
Global stretch wrap machines market analysis, by product type
The turntable type stretch wrap machines segment is projected to account for 58.8% of the global stretch wrap machines market by the end of 2026 with a CAGR of 7.6% over the forecast period.
Global stretch wrap machines market analysis, by automation level
By automation level, the semiautomatic stretch wrap machines segment is projected to dominate the global stretch wrap machines market in 2018. The semiautomatic stretch wrap machines segment is forecasted to account for a 69.0%
market share by the end of 2026.
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Key Segments Covered
By Product Type
Turntable
Rotary Arm
Robotic
Others
By Automation Level
Manual
Semiautomatic
Automatic
By End Users
Food & Beverage
Pharmaceutical
Consumer
Construction
Chemical
Automotive
Industrial
By Region
North America
Latin America
Europe
South East Asia & Pacific
Middle East & Africa
China
India
A detailed analysis has been provided for every segment in terms of market size analysis for the stretch wrap machines market. It is vital to note that in an ever-fluctuating global economy, we not only conduct forecast in terms of CAGR, but also analyze the same on the basis of key parameters, such as Y-o-Y growth, to understand the predictability and to identify the right opportunities for players.
Another key feature of this report is the analysis of all segments in terms of absolute dollar. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as identify potential resources from a sales and delivery perspective in the stretch wrap machines market. In addition to this, we have also provided a list of few other participants in the stretch wrap machines market report.
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