The global Foil Wrapping Machine market size is expected to grow with a significant CAGR during the forecast period of 2022-2028. The rapid increase in the demand for automatic foil wrapping machine and the growing focus on high-quality packaging among various end-user industries are the primary factors accelerating the growth of the global foil wrapping machine market during the forecast period. The rapid increase in the transportation of consumer goods and industrial goods, which require high-quality packaging, is also expected to propel the growth of the foil wrapping machine market across the globe. Furthermore, the continuous product innovations and growing product applications among various industry verticals, such as food and beverage, are also prominent factors stimulating the growth of the global Foil Wrapping Machine market in the coming years.
Foil Wrapping machines are used to wrap goods and products in the stretch film to maintain the quality of the products and ensure high production rates in the packaging industry. Wrappers can be of different forms: vertical, ring, still or rotatory and orbital wrappers. These machines are used in various industries such as healthcare, pharmaceuticals, personal care, and public professional services to attain a degree of customization for handling and transporting material goods. Additionally, wrapping film protects material goods from moisture, damage, and dust. It also improves the safety of the products. Wrapping machines can partially cover or fully enclose a material using the number of operations of folding and sealing. The wrapping machines with an activated PLC control improve the speed of the entire packaging process, thereby increasing efficiency and effectiveness.
The rapid growth of the food and beverage industry has led to the increasing adoption of Foil Wrapping Machine across the globe. These Foil Wrapping Machines are widely used to wrap a wide range of packed food products such as cholates or various dairy products, such as cheese. The increasing demand for ready-to-eat and packaged food is increasing the demand for Foil Wrapping Machine across the globe. Furthermore, the rapid increase in the number of the working population, especially women in various emerging economies, is also accelerating the demand for packaged food and beverages, which is also expected to boost the growth of these machines during the forecast period. Moreover, the rapid growth of the online food delivery industries and the increasing number of hotels, restaurants, and cloud kitchens offering food through their online platforms are also anticipated to propel the growth of the global Foil Wrapping Machine market in the coming years. Foil Wrapping Machine also provides safe and efficient transition of goods, which is further expected to increase the demand for these machines in the packaging industry across the globe. However, the stringent government regulations towards the usage of foils in food and beverages industries are expected to hamper the growth of the global Foil Wrapping Machine market in the coming years. Furthermore, the increasing demand for wrapping machines in the chemical and pharmaceutical industries is also anticipated to propel the growth of the global foil wrapping machines market during the forecast period. These foil wrapping machines ensure the protection of chemicals and pharmaceutical products from damage, moisture, and dust and improvise their protection.
Before the covid-19 period, foil wrapping machine manufacturers introduced various new technologies to increase their applications among various end-user industries, such as chemicals and personal care. The rapid growth of the chemical industries and increasing demand for personal care products among various developing and developed countries has led to the increased demand for Foil Wrapping Machine among building material manufacturers across the globe. Furthermore, the growing availability of these machines with optimized efficiency and accuracy has also boosted the growth of the global foil wrapping machines market in the pre-COVID era.
The outbreak of the COVID-19 pandemic has significantly affected the growth of the global Foil Wrapping Machine market. The complete shutdown of various manufacturing facilities, non-availability of the workforce, disruption in the raw material supply, and nationwide lockdown are some factors that negatively affected the growth of the global foil wrapping machine market during the forecast period. However, the complete travelling restrictions and nationwide lockdown has increased the demand for packed food among consumers has increased the demand for these machines among end-user industries across the globe. Moreover, the ever increased demand for pharmaceutical products and rapid expansion of online food deliveries has also significantly increased the demand for this equipment across the globe.
The rapid growth of the food and beverages industries is expected to accelerate the growth of the global Foil Wrapping Machine market in the coming years. Moreover, the rising demand for automatic foil wrapping machines due to the growing need for automation in the manufacturing process is also expected to accelerate the demand for foil wrapping machines in the market. Furthermore, the growing replacement of human intervention in food and beverages packaging with technologically advanced automatic foil wrapping machine among various end-user industries is anticipated to propel the growth of the product market during the forecast period.
Based on Machine Type, the global foil wrapping machine market is segmented into shrink wrapping machine, stretch wrapping machine, roll wrapping machine, and others. The Stretch wrapping machine segment accounted for the highest market share in the global foil wrapping machine market in 2021 and is expected to continue this trend during the forecast period. The stretch wrapping machine is commonly used to keep loads and goods together on a pallet for transportation and storage and can be used in a variety of specialty films, such as colored stretch film, vented pallet wrap, and UV stretch wrap, pre-stretched stretch film, and anti-static stretch film. Furthermore, the Shrink wrapping machine segment is expected to witness significant growth in the global Foil Wrapping Machine market during the forecast period. This form of packaging is used to shield a product from any foreign material and can also be used to wrap objects in a container.
Based on mode of operation, the global foil wrapping machine market is segmented into automatic, and semi-automatic. The automatic segment is expected to hold the highest market share in the global foil wrapping machine market in 2021 and is expected to continue this trend during the forecast period. This growth is attributable to the increase in demand for automatic foil wrapping machine and the growing replacement of manual equipment with fully automatic Foil wrapping machine across the globe. Furthermore, the semi-automatic segment is expected to witness significant growth in the global Foil Wrapping Machine market owing to their low cost compared to automatic equipment.
Based on end-user, the global foil wrapping machine market is segmented into food industry, beverages industry, personal care, pharmaceuticals, chemicals, and others. The Food Industry segment is expected to hold the highest share in the global Foil Wrapping Machine market during the forecast period. This growth is attributable to the rapid growth of the food industries and increasing consumption of packed food among consumers across the globe. Furthermore, the Beverages segment is expected to be the fastest growing segment in the global Foil Wrapping Machine market, followed by personal care segment during the forecast period.
Based on region segmental analysis, the global foil wrapping machine market is segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa. The Asia Pacific region is expected to dominate in the global Foil Wrapping Machine market in 2021 and is expected to continue this growth during the forecast period. The rapid urbanization, increasing consumer disposable income, growing food processing industries and rapid growth of the pharmaceutical industries are the key factors driving the growth of the product market in the region. Furthermore, the growing adoption of automation in the manufacturing process is also expected to increase the growth of the market. Moreover, the North America region is expected to witness significant market growth in the global Foil Wrapping Machine market, followed by the Europe.
The companies include Adpak Machinery Systems Ltd, Aetna Group S.p.A., Brenton, LLC., FUJI PACKAGING GmbH, Haloila Oy, LoeschPack, Messersì Packaging S.r.l., METTLER TOLEDO, Nido Machineries, Pieri srl, Sampack India Private Limited, SPG Packaging Systems GmbH – H.Böhl, and TOSA S.p.a. are the prominent players in the global Foil Wrapping Machine market.
Key Stakeholders
Report Attribute | Details |
---|---|
Historical data | 2017 – 2020 |
Base Year | 2021 |
Forecast period | 2022 – 2028 |
Region covered | North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
Key companies Profiled | The key players are Adpak Machinery Systems Ltd, Aetna Group S.p.A., Brenton, LLC., FUJI PACKAGING GmbH, Haloila Oy, LoeschPack, Messersì Packaging S.r.l., METTLER TOLEDO, Nido Machineries, Pieri srl, Sampack India Private Limited, SPG Packaging Systems GmbH – H.Böhl, and TOSA S.p.a. |
By Machine Type
By Mode of Operation
By Technology
By End-user
By Region
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Foil Wrapping machines are used to wrap goods and products in the stretch film to maintain the quality of the products and ensure high production rates in the packaging industry.
The global Foil Wrapping Machine market size is expected to grow with a significant CAGR during the forecast period of 2022-2028.
The rapid increase in the demand for automatic Foil Wrapping Machine and the growing focus on high-quality packaging among various end-user industries are the primary factors accelerating the growth of the global Foil Wrapping Machine market during the forecast period.
However, the stringent government regulations towards the usage of foils in food and beverages industries are expected to hamper the growth of the global Foil Wrapping Machine market in the coming years.
Companies like Adpak Machinery Systems Ltd, Aetna Group S.p.A., Brenton, LLC., FUJI PACKAGING GmbH, Haloila Oy, LoeschPack, Messersì Packaging S.r.l., METTLER TOLEDO, Nido Machineries, Pieri srl, Sampack India Private Limited, SPG Packaging Systems GmbH – H.Böhl, and TOSA S.p.a. are the prominent players in the global Foil Wrapping Machine market.
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