Summary

Overview
Global Stretch Wrap Machines Market reached US$ 751.7 million in 2023 and is expected to reach US$ 1105.2 million by 2031, growing with a CAGR of 5.1% during the forecast period 2024-2031.
Stretch wrap machines' operation and design are being impacted by the movement towards sustainable packaging options. Producers are creating devices that require less film waste and environmentally favorable materials. Stretch film products are increasingly using post-consumer recycled materials, which is in line with international efforts to promote ecologically friendly packaging techniques.
Stretch wrap machines have been adopted as a result of customer preferences and branding tactics driving the desire for customized packaging. The devices are adaptable to different load sizes and shapes, giving companies the ability to customize their packaging to meet the needs of certain products. Stretch wrap machines' capacity to reliably and effectively adapt packaging makes them important tools for satisfying the market's evolving demands.
Europe is among the growing regions in the global stretch wrap machines market covering more than 1/3rd of the market. Stretch wrap machines and other automated packaging solutions are in high demand due to the growth of e-commerce in Europe. A rising quantity of products needs to be wrapped securely and dependably due to the growing trend of online purchasing.
Dynamics
Automation and Technological Developments Improve Packaging Efficiency and Production
The introduction of automation and technological developments have become important factors driving the global stretch wrap machine market. Advanced features like computerized controls, smart sensors and precise monitoring systems are standard on modern stretch wrap machines. The technical improvements lead to increased production and less material waste in addition to improving the wrapping process' reliability and precision.
For Instance, in 2021, Revolution, U.S. sustainable packaging company, acquired Five Points Films, a cast hand and machine stretch film manufacturer. The move expands Revolution's domestic presence, strengthens production capabilities and diversifies its sustainable product offerings. The partnership intends to take use of Five Points' experience in producing high-quality goods while bringing fresh ideas to the table, such as the application of post-consumer materials to stretch film products.
Increased Demand for Automation
The increasing recognition of the productivity and efficiency developments that automation delivers to many industrial processes is driving the automation industry's spike in demand for stretch wrap machines. To decrease the need for manual labor and boost overall operational efficiency, stretch wrap machines are essential for automating the packing and palletizing of items.
For Instance, in 2021, Pacteon, a global leader in end-of-line packaging automation, acquired Phoenix Wrappers, a key player in semi- and fully-automatic stretch wrapping equipment based in Quebec. The strategic acquisition brings state-of-the-art stretch wrapping technology into Pacteon's portfolio and enhances its packaging line integration capabilities.
High Initial Investment
The high initial expenditure needed to acquire and deploy these cutting-edge packaging technologies is one major obstacle facing the globally stretch wrap machines market. Modern stretch wrap machines with automation and smart technology might be expensive up front, especially for small and medium-sized organizations (SMEs) or firms on a limited budget.
The adoption process is made more difficult by the financial outlay required for both purchasing the equipment and educating the staff. The financial constraint might impede the extensive integration of stretch wrap machines across diverse sectors, impeding market expansion, particularly for smaller enterprises.
Pressures for Sustainable Packaging and Environmental Concerns
The stretch wrap machines market is constrained by mounting environmental concerns, which are becoming more and more of a priority in the global corporate scene. The conventional application of plastic films for stretch wrapping gives rise to concerns regarding plastic waste and its ecological consequences. There is pressure on many firms to implement more environmentally friendly packaging options, which may include moving away from traditional stretch wrap materials.
Stretch wrap machine producers need to overcome this obstacle by coming up with creative solutions that follow the current trends in environmentally friendly packaging. If these environmental issues are not resolved, firms may become reluctant to purchase stretch wrap equipment, which might hinder the expansion of the market.
Segment Analysis
The global stretch wrap machines market is segmented based on product, automation level, end-user and region.
Increasing Demand for Rotary Arm in Automation Industry
The rotary arm segment is among the growing regions in the global stretch wrap machines market covering more than 1/3rd of the market. The fact that rotary arm stretch wrappers provide a high degree of automation and efficiency in the wrapping process is what is driving their rise in the global stretch wrap machine market. The efficiency is especially important for sectors like manufacturing and logistics that need to package goods in large quantities.
For Instance, in 2023, The leading manufacturer of strapping systems, EAM-Mosca, expanded its line of products to include Movitec rotating ring stretch wrapping machines. Reputed for its exceptional rotary ring stretch wrappers, which offer unmatched stability and protection for both palletized and unpalletized cargo, Movitec is a Mosca company.
Geographical Penetration
Growing Demand for Effective Packaging Solutions in Europe
Europe has been a dominant force in the global stretch wrap machines market. The market for stretch wrap machines is expanding in Europe as an effect of these machines' rising use. The region’s focus on ecologically and sustainable activities has increased demand for effective packaging solutions.
The European Union's focus on minimizing harmful impacts is well-aligned with stretch wrap machines, particularly modern technology and renewable materials. Stretch wrap machines, which provide increased sustainability, less material waste and overall packaging process efficiency, are being adopted by businesses more frequently in Europe.
For Instance, in 2023, Trioworld invested significantly in UK, expanding its capacity with automated production equipment for hand stretch film. The move aims to improve efficiency in serving UK and European markets, immediately boosting hand film production capacity. Moreover, it positions Trioworld for further business expansion across Europe.
For Instance, in 2022, The Trioworld Group acquired Malpack Ltd., a Canadian company and Malpack Corp., a US company. Malpack Corp. is a major participant in the transit packaging market for high-performance stretch film solutions. Malpack supplies support to consumers in several industries, such as e-commerce, consumer products, food and beverage and other industrial packaging.
COVID-19 Impact Analysis
The global COVID-19 pandemic has had a significant effect on many businesses and the market for stretch wrap machines is no exception. Production schedule difficulties and supply chain issues were experienced by manufacturing facilities when nations enforced lockdowns and restrictions to stop the virus's spread.
Stretch wrap machine sales thus saw a brief decrease as multiple companies in a variety of sectors, such as manufacturing, retail and logistics, temporarily reduced back or ceased operations. The economic uncertainty brought on by the pandemic also made companies more hesitant about capital expenditures, which affected their investment decisions.
The economy forced several organizations to postpone or cancel planned equipment investments, including stretch wrap machines. The drop in demand and supply chain interruptions affected the earnings and prospects for future expansion of stretch wrap machine manufacturers globally.
The pandemic brought to light the significance of robust and effective packaging techniques, especially in industries like e-commerce and transportation, where demand increased. As businesses adjusted to new standards, stretch wrap machines and other automated packaging solutions became more and more crucial. Businesses are actively enhancing their packaging procedures for improved efficiency and productivity in the post-pandemic era, with the industry expected to rebound as economies recover.
Russia-Ukraine War Impact Analysis
There could be some direct and indirect effects of the Russia-Ukraine conflict on the market for stretch wrap machines. Initially, manufacturing and delivery of stretch wrap equipment and related supplies may be delayed due to supply chain interruptions brought on by the conflict. The may influence producers everywhere, leading to shortages and delaying deliveries.
Moreover, economic instability arising from geopolitical conflicts can impact consumer confidence and investment choices. Businesses, particularly those situated in regions directly impacted by the conflict, may adopt more cautious spending practices. The could have repercussions on the market for industrial machinery, such as stretch wrap machines.
Additionally, changes in exchange rates and trade restrictions resulting from the war could influence the costs of raw materials and components utilized in the manufacturing of stretch wrap machines. Increased manufacturing expenses may be transferred to customers, potentially leading to modifications in the industry's pricing strategies. Businesses in the stretch wrap machines industry can be greatly impacted by the general market attitude shaped by geopolitical events. The affects suppliers as well as end customers.
By Product
• Turntable
• Rotary Arm
• Robotic
• Orbital
• Others s
By Automation Level
• Manual
• Semi-Automatic
• Automatic
By End-User
• Automotive
• Chemical
• Construction
• Pharmaceutical
• Industrial
• Food & Beverage
• Consumer
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Russia
o Rest of Europe
• South America
o Brazil
o Argentina
o Rest of South America
• Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
• Middle East and Africa
Key Developments
• On September 13, 2023, Paper stretch wrapping for pallet storage and transportation is now available due to a partnership with pallet-wrapping machinery manufacturer Robopac and packaging and paper company Mondi. Mondi's Advantage StretchWrap, which is made entirely of kraft paper and offers outstanding protection for palletized products because of its high strength, puncture resistance and strain absorption, will now be used in Robopac's new paper wrapping machine.
• On September 06, 2022, The manufacturer of extrusion machines, Colines, acquired NO. EL is a leader in the design and manufacture of coreless technology, reel-slitting machines and equipment for producing pre-stretched films. Based in Italy are both businesses. Colines is a leading manufacturer of multi-layer lines for cast stretch, but it also develops film extrusion equipment for a range of uses. Over half of NO. EL’s employees work in research and development, making the corporation a highly technology-oriented organization.
Competitive Landscape
The major global players in the market include Lantech, Robopac, Wulftec International Inc. orion Packaging Systems LLC, Phoenix Wrappers, M.J. Maillis Group, Highlight Industries, Italdibipack SpA, Fromm Packaging Systems and Packway Inc.
Why Purchase the Report?
• To visualize the global stretch wrap machines market segmentation based on product, automation level, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of stretch wrap machines market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The global stretch wrap machines market report would provide approximately 62 tables, 59 figures and 188 Pages.
Target Audience 2024
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

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Table of Contents

1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet by Product
3.2. Snippet by Automation Level
3.3. Snippet by End-User
3.4. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. Automation and Technological Developments Improve Packaging Efficiency and Production
4.1.1.2. Increased Demand for Automation
4.1.2. Restraints
4.1.2.1. High Initial Investment
4.1.2.2. Pressures for Sustainable Packaging and Environmental Concerns
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
5.5. Russia-Ukraine War Impact Analysis
5.6. DMI Opinion
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Scenario Before COVID
6.1.2. Scenario During COVID
6.1.3. Scenario Post COVID
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. By Product
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
7.1.2. Market Attractiveness Index, By Product
7.2. Turntable*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Rotary Arm
7.4. Robotic
7.5. Orbital
7.6. Others
8. By Automation Level
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Automation Level
8.1.2. Market Attractiveness Index, By Automation Level
8.2. Manual*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Semi-Automatic
8.4. Automatic
9. By End-User
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
9.1.2. Market Attractiveness Index, By End-User
9.2. Automotive*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Chemical
9.4. Construction
9.5. Pharmaceutical
9.6. Industrial
9.7. Food & Beverage
9.8. Consumer
9.9. Others
10. By Region
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
10.1.2. Market Attractiveness Index, By Region
10.2. North America
10.2.1. Introduction
10.2.2. Key Region-Specific Dynamics
10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Automation Level
10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.2.6.1. U.S.
10.2.6.2. Canada
10.2.6.3. Mexico
10.3. Europe
10.3.1. Introduction
10.3.2. Key Region-Specific Dynamics
10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Automation Level
10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
10.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.3.6.1. Germany
10.3.6.2. UK
10.3.6.3. France
10.3.6.4. Russia
10.3.6.5. Spain
10.3.6.6. Rest of Europe
10.4. South America
10.4.1. Introduction
10.4.2. Key Region-Specific Dynamics
10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Automation Level
10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.4.6.1. Brazil
10.4.6.2. Argentina
10.4.6.3. Rest of South America
10.5. Asia-Pacific
10.5.1. Introduction
10.5.2. Key Region-Specific Dynamics
10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Automation Level
10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.5.6.1. China
10.5.6.2. India
10.5.6.3. Japan
10.5.6.4. Australia
10.5.6.5. Rest of Asia-Pacific
10.6. Middle East and Africa
10.6.1. Introduction
10.6.2. Key Region-Specific Dynamics
10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Automation Level
10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11. Competitive Landscape
11.1. Competitive Scenario
11.2. Market Positioning/Share Analysis
11.3. Mergers and Acquisitions Analysis
12. Company Profiles
12.1. Lantech*
12.1.1. Company Overview
12.1.2. Product Portfolio and Description
12.1.3. Financial Overview
12.1.4. Key Developments
12.2. Robopac
12.3. Wulftec International Inc.
12.4. Orion Packaging Systems LLC
12.5. Phoenix Wrappers
12.6. M.J. Maillis Group
12.7. Highlight Industries
12.8. Italdibipack SpA
12.9. Fromm Packaging Systems
12.10. Packway Inc.
LIST NOT EXHAUSTIVE
13. Appendix
13.1. About Us and Services
13.2. Contact Us