Stretch Wrap Machines Market Size & Forecast Report - 2025 to 2030

The global stretch wrap machines market size is accounted to register a significant CAGR of over 7% during the forecast period and is expected to reach around USD 1.5 billion by 2027. The growing pharmaceuticals industry and food & beverage sector across the globe is a major factor to drive the market growth. Furthermore, the growing consumption of processed food and the increasing demand for frozen food is expected to increase the demand for packaging solutions, which is projected to fuel the market growth.

Market Drivers:

Increasing demand for efficient packaging solutions: The need for efficient packaging solutions is driven by factors such as e-commerce growth, retail expansion, and globalization of supply chains. Stretch wrap machines offer a reliable and cost-effective solution for wrapping and securing products during transit, minimizing damage and improving overall packaging efficiency.

Growth in the logistics and transportation industry: The logistics and transportation industry plays a crucial role in the global economy, facilitating the movement of goods across various sectors. Stretch wrap machines are essential for securing palletized loads during transportation, preventing shifting or damage of products. As the logistics industry expands, the demand for stretch wrap machines increases.

Focus on load stability and product protection: Load stability and product protection are critical considerations for businesses, especially when shipping goods over long distances or handling delicate and high-value products. Stretch wrap machines provide consistent and tight wrapping, ensuring load stability and protecting products from moisture, dust, and other external factors.

Labor cost reduction and productivity improvement: Stretch wrap machines automate the wrapping process, reducing the reliance on manual labor and minimizing labor costs. These machines can wrap pallets quickly and efficiently, enhancing productivity and allowing employees to focus on other essential tasks. This cost-saving and productivity improvement drive the adoption of stretch wrap machines.

Sustainability and waste reduction: There is a growing emphasis on sustainability and waste reduction in packaging practices. Stretch wrap machines can optimize film usage, reducing material waste and lowering environmental impact. Additionally, some machines offer pre-stretch capabilities, which stretch the film before wrapping, resulting in reduced film consumption and improved sustainability.

Technological advancements in stretch wrap machines: Technological advancements have led to the development of more advanced and efficient stretch wrap machines. These machines feature improved controls, automation capabilities, and integration with other packaging systems, enhancing overall performance and functionality. Advanced features such as load monitoring, film tension control, and programmable settings contribute to the market growth.

Industry-specific requirements: Different industries have specific packaging requirements due to variations in product shapes, sizes, and handling considerations. Stretch wrap machines are available in a range of configurations to meet industry-specific needs. For example, the food and beverage industry may require machines with sanitary designs, while the pharmaceutical industry may require machines compliant with regulatory standards.

Compliance with safety regulations: Occupational health and safety regulations prioritize worker safety during packaging operations. Stretch wrap machines equipped with safety features, such as emergency stop buttons, safety interlocks, and protective guarding, help ensure compliance with safety regulations and protect workers from potential hazards.

Retrofitting and upgrading of existing packaging lines: Many companies are retrofitting and upgrading their existing packaging lines to enhance efficiency and accommodate changing market demands. Integrating stretch wrap machines into existing packaging lines can improve overall line productivity, reduce bottlenecks, and enhance packaging quality, driving the demand for these machines.

Market Snapshot:

Market Insights:

The global stretch wrap machines market is bifurcated into product type, automation level, end-use, and geography. On the basis of product type, the market is further segmented into the turntable, rotary arm, robotic, and others. The turntable segment dominated the global market in 2020 and is expected to hold the largest revenue share of over half of the market by the end of the analysis period. The segment is also expected to grow at the fastest growth rate over the forecast period.

On the basis of automation level, the market is segmented into manual, semiautomatic, and automatic. The semiautomatic segment dominated the global stretch wrap machines market in 2020 and accounted to hold the largest revenue share of over two-third percent of the market. By end-user, the market is classified into food & beverage, pharmaceutical, consumer, and others. The food & beverage segment is accounted to hold the largest revenue share by the end of the analysis period. The increasing demand for packaged food and growing demand for frozen food are some major factors to drive the segment growth.

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The stretch wrap machines comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The stretch wrap machines market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

• 2018-19 – Historical Year
• 2020 – Base Year
• 2021-2027 – Forecast Period

Market Segmentation:

By Product Type:

• Turntable
• Rotary Arm
• Robotic
• Others

By Automation Level:

• Manual
• Semiautomatic
• Automatic

By End-Use:

• Food & Beverage
• Pharmaceutical
• Consumer
• Chemical
• Automotive
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage

Geographically, the stretch wrap machines market report comprises dedicated sections centering on the regional market revenue and trends. The stretch wrap machines market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The stretch wrap machines market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Stretch wrap machines market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Competitive Assessment

Some of the major market players operating in the global stretch wrap machines market are Signode Industrial Group LLC, M. J. Maillis Group, Webster Griffin Ltd., ProMach Inc., and Packway Inc. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• Signode Industrial Group LLC
• J. Maillis Group
• Webster Griffin Ltd.
• ProMach Inc.
• Packway Inc.
• Hangzhou Youngsun Intelligent Equipment Co., Ltd.
• Italdibipack SpA
• ARPAC LLC
• AETNA Group SpA
• Cousins Packaging Inc.

Key Questions Answered by Stretch Wrap Machines Market Report

• Global stretch wrap machines market forecasts from 2021-2027
• Regional stretch wrap machines market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
• Stretch wrap machines submarket forecasts from 2021-2027 covering the market by product type, by automation level, by end-use, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis pertaining to stretch wrap machines market
• Analysis of the key factors driving and restraining the growth of the global, regional and country-level stretch wrap machines markets from 2021-2027
• Competitive Landscape and market positioning of top 10 players operating in the stretch wrap machines market