The global flow wrap machines market is estimated to be USD 288.0 million in 2023 and is expect to reach USD 422.2 million by 2033. The sales of flow wrap machines are expected to record a CAGR of 3.9% during the forecast period.
Key Takeaways:
The rapidly growing pharmaceutical firms with flexible packaging solutions are advancing the global market revenue. Sustainable packaging is another crucial factor in reducing environmental impacts and offering product appeal on safety.
Adopting flow wrap machines provides adequate packaging for several items with different shapes, including cylindrical, conical, and cubical.
Increasing end-use industries such as industrial components, pharmaceuticals, medical, and food & beverages are expanding flexible packaging solutions. The flow wrap machines can get things done and provide better experiences to end users.
These machines deliver excellent performance and are well-built with little electricity consumption. The popularity of flow wrapping is widely increasing in pharmaceuticals due to its automatic and programmable features.
| Attribute | Details |
|---|---|
| Market CAGR (2023 to 2033) | 3.9% |
| Market Valuation (2023) | USD 288.0 million |
| Market Valuation (2033) | USD 422.2 million |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The increasing demand for efficient and cost-effective solutions to wrap diverse size and shapes of items are increasing the adoption of flow wrap machines. These machines are significantly growing with vast applicability among several industries for packaging purposes.
Pharmaceutical businesses are expanding with a share of 7.5% globally, positively impacting global market growth. Cosmetics and food & beverages are also advancing the global market by surging the demand for flow wrap machines.
Essential companies are adopting flow packaging machines for wrapping candy, biscuits, soaps, detergents, and other items to enhance products' shelf life. These packaging solutions are effective, significant, and require a high volume that attracts end users' needs. These prominent factors contribute to a vital role in the global market.
Principal Consultant
In the historical period, the market secured a CAGR of 2.5% between 2018 and 2022. The growing automation in the packaging sector is improving the production processes and reducing labor work.
Manufacturers have been enhancing the packaging process by adopting flexible films per several end users' demands, including pharmaceuticals and consumer goods.
The food industry is rapidly expanding with the rising demand for flow wrap machines by manufacturers for easy and convenient packaging. Food & beverage manufacturers are adopting these machines for packaging snacks, premium goods, dairy products, and ready-to-eat meals.
Manufacturers are focused on biodegradable films to reduce waste, which gained popularity in the historical period. The rising advanced technology, such as sealing techniques and advanced equipment integration, are driving the market growth.
Prominent players are taking initiatives on safe packaging solutions to reduce toxicity in manufacturing processes. These manufacturers are gaining massive traction by developing suitable packaging solutions to promote health and hygiene to boost their sales.
| Category | Orientation |
|---|---|
| Sub-category | Horizontal Flow Wrap Machines |
| Key Growth Factor |
|
| Key Statistics | As per our analyst, the horizontal flow wrap machines are anticipated to secure a CAGR of 4%. |
| Category | End User |
|---|---|
| Sub-category | Food & Beverages |
| Key Growth Factor |
|
| Key Statistics | The food & beverages sector is anticipated to capture a maximum share in the global market. |
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Asia Pacific is significantly emerging in the global market. Rapidly expanding pharmaceutical companies, packaging industries, and food & beverages sector are fueling the market size. China and India are accounting for higher revenue in the Asia Pacific through the pharmaceutical industry.
The pharmaceutical sector continuously increasing the demand for flow wrap machines, with a substantial share in the Asia Pacific market. The growing economies, rising demand for packaging products, and promoting sustainability are expanding the Asia Pacific market.
The wide range of industries requires flow wrap machines for versatile and enhanced packaging experiences. Changing consumer lifestyles, urbanization in Asia Pacific countries, and increasing demand for packaged goods are upsurging market growth. Retailers and hypermarkets are increasingly adopting convenience packaging to protect their interests.
North America dominates the global market due to growing end-use industries, with a share of 16% by 2033. The rising demand for high-quality packaging of various products attracts end-user requirements in North America.
Flow wrap machines are widely used for accurate cutting, better sealing, and enhanced performance to meet consumers' needs.
The integration of automotive technology in the flow wrap machines is increasing the North America flow wrap machines market trends. Manufacturers are providing eco-friendly solutions with automation systems to increase industrial processes.
Present essential players are generating huge revenue in the North American market through their advanced, improved, and innovations.
Start-up Companies Innovate Ideas and Strategic Approaches to Drive the Global Market
The growth in start-up companies adopting new ideas and innovations for flexible packaging is blowing the mind. These start-ups use several distribution, production, and manufacturing activities to enhance reliable work.
They are experimenting with numerous packaging solutions by developing cost-effective and high-quality flow wrap machines across end-use industries such as pharmaceuticals and food & beverages.
| Start-up Companies | PowerPak Packaging |
|---|---|
| Established Year | 2002 |
| Details |
|
| Start-up Companies | DCGpac |
|---|---|
| Established Year | 2005 |
| Details | DCGpac is an online marketplace for distributing and selling packaging products in Gurugram. Apart from offering packaging supplies, which include cardboard boxes, bags & pouches, and envelopes, it also provides e-commerce packaging solutions for sellers on Amazon, Flipkart, and DTDC, among others. |
| Start-up Companies | Pack Your Product |
|---|---|
| Established Year | 2017 |
| Details | Pack Your Product is yet another platform, providing a database to help find suppliers of packaging equipment, machinery, and service providers, also assisting in locating flow wrap machine manufacturers. |
Various local and regional vendors fragment the global market. These vendors significantly fuel the global market by adopting marketing tactics, including mergers and acquisitions, expansions, and partnerships. These vendors invest considerable research and development activities in uplifting the global market.
Some key participants include Redpack Packaging Machinery, Excel Pack Limited, Adhisakthi Projects Private Limited., ULMA Packaging, S Coop, Pfm Packaging Machinery Ltd, Robert Bosch GmbH, and Omron Corporation, among others.
Several essential companies are trying to develop suitable and enhanced quality flow wrap machines. A few of these companies are as follows:
Recent Developments in the Global Flow Wrap Machines Market:
| Prominent Companies | Redpack Packaging Machinery |
|---|---|
| Description | In 2021, Redpack Packaging Machinery offered a wide range of shrink wrap and top-seal packaging products. The company offers high-care machines integrated with automation features to improve production processes in several end-use industries. |
| Product Portfolio |
|
| Prominent Companies | PAC Strapping Products Inc. |
|---|---|
| Description | PAC Strapping Products Inc. announced its newly launched strapping machines with high performance and consistency. These machines offer sustainability, high retained tension, and easy recyclability. |
| Product Portfolio |
|
| Prominent Companies | ULMA Packaging |
|---|---|
| Description | In 2022, ULMA Packaging announced its newly launched machine series with 3A sanitary standards. The company designs hygienic, suitable, and better washing and cleaning processes. |
| Product Portfolio |
|
The global market is estimated to shine through various innovations and technology integration during the forecast period.
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD million for Value |
| Key Countries Covered | United States, United Kingdom, Japan, India, China, Australia, Germany |
| Key Segments Covered | Region, Orientation, End Use |
| Key Companies Profiled | Redpack Packaging Machinery; Excel Pack Limited; Adhisakthi Projects Private Limited.; ULMA Packaging; S Coop; Pfm Packaging Machinery Ltd; Robert Bosch GmbH; Omron Corporation |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The market is estimated to secure a valuation of USD 288.0 million in 2023.
The market is forecast to register a CAGR of 3.9% through 2033.
The market held a CAGR of 2.5% from 2018 to 2022.
Rising demand for efficient and cost-effective packaging drives flow wrap machine adoption.
The global market size is estimated to reach USD 422.2 million by 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Orientation 5.1. Horizontal 5.2. Vertical 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use Industry 6.1. For Food & Beverage 6.2. For Soaps & Detergents 6.3. For Electronics 6.4. For Pharmaceuticals 6.5. For Healthcare 6.6. For Other End Uses 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Redpack Packaging Machinery 17.2. Excel Pack Limited 17.3. IMA Group Developments 17.4. Adhisakthi Projects Private Limited 17.5. ULMA Packaging 17.6. Pfm Packaging Machinery Ltd 17.7. Robert Bosch GmbH 17.8. Omron Corporation 17.9. Pro Mach 17.10. Fuji Machinery 18. Assumptions & Acronyms Used 19. Research Methodology
Explore Packaging Insights
View Reports
Flow Wrap Machines Market
