Stretch Wrap Machines Market Growth Challenges, Opportunities And Developments Forecast To 2026

stretch wrap machines market

Revenue from the sales of stretch wrap machines is projected to touch US$ 1,356.0 Mn by 2026, exhibiting a robust growth rate of 7.5% during the eight year period from 2018 to 2026.

Technological innovations are catalyzing rapid changes in the adoption of stretch wrap machines across multiple industries and boosting sales in the global market as a consequence. A new research by Persistence Market Research pegs the consumption of stretch wrap machines at 231,810 units by the end of 2026.

To remain 'ahead' of your competitors, Click Here to Get Free Sample Copy of this Report@

Stretch wrapping technology has witnessed a steady evolution since the time it was first launched in the industry. Smart technology and high-speed production processes have been catalysts in the metamorphosis of stretch wrap machines into more sophisticated engines driving automation in the global packaging industry. Designed with custom patterns, new-age stretch wrap machines ensure that minimum quantity of material is used to protect products being loaded. Result – reduction in materials, costs, and damages to the load, thereby bringing in more operational efficiency.

There are two main categories of stretch wrap machines: automatic and semi-automatic machines. Automatic machines provide high speeds with minimal operator intervention. The main advantage of these machines is their cost saving due to fewer hand operations. Semi-automatic machines can be operated at lower speeds with the help of an operator who manually applies the stretch wrap film to each product.

For in-depth competitive analysis, buy now and Get Up to 20% Discount@

Key Segments Covered

For critical insights on this market, request for customization here @

Key Players-

• Signode Industrial Group LLC
• Webster Griffin Ltd.
• M. J. Maillis Group
• Packway Inc.
• ProMach Inc.
• Italdibipack SpA
• Hangzhou Youngsun Intelligent Equipment Co., Ltd.
• AETNA Group SpA
• ARPAC LLC
• Lantech
• Technowrapp Srl
• Cousins Packaging Inc.
• Berran Industrial Group, Inc.
• G.G. Macchine S.r.l.
• Krishna Engineering Works Ltd.
• Others.

Request you to Read More-

automatic lubrication system market

refrigerated glass doors market

About us: –

Expert analysis, actionable insights, and strategic recommendations – the industrial automation team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on IT & Telecommunications of which 100+ reports specific for IT & Telecommunications. The team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the IT & Telecommunications industry.

Contact Us:

Persistence market research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales –

MENAFN19122022004660010643ID1105328649