Apr 28, 2017   SOURCE: BusinessWire

Global Wrapping Equipment Market 2017-2021 - Key Vendors are ARPAC, BEUMER, Mollers North America & Pro Mach - Research and Markets

Research and Markets has announced the addition of the "Global Wrapping Equipment Market 2017-2021" report to their offering.

The global wrapping equipment market to grow at a CAGR of 6.40% during the period 2017-2021.

Global Wrapping Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report covers only secondary wrapping using stretch and shrink wrapping equipment.

Wrapping machine is an automatic or semi-automatic machine used to wrap mass product articles (such as biscuits, chocolates, and others) and large bag articles (such as pet food and cement), as well as aid in palletizing across industries. The report covers only secondary wrapping of large bundled products using stretch and shrink wrapping equipment.

The stretch and shrink secondary wrapping segment is growing steadily, because it requires less space in a warehouse compared with corrugated boxes, which is a popularly used across end-users. A single pallet wrapping can hold as much as the 16 packs of corrugated boxes. The price of stretch and shrink films is another key contributing factor aiding the growth of this market. The raw materials used for stretch and shrink wrapping are stretch and shrink films, which are cheaper compared with the raw materials used for other forms of wrapping.

Key vendors

  • ARPAC
  • BEUMER
  • Mollers North America
  • Pro Mach

Other prominent vendors

  • Phoenix
  • Signode
  • Wulftec
  • Sealed Air
  • Lachenmeier

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by product type

Part 07: Market segmentation by application

Part 08: Geographical segmentation

Part 09: Decision framework

Part 10: Drivers and challenges

Part 11: Market trends

Part 12: Vendor landscape

Part 13: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/fmwjwb/global_wrapping