Global Laminating Machines Market to Reach US$ 955.9 Million by 2032, Driven by Increasing Demand from Packaging and Printing Industries

The global laminating machines market is anticipated to reach a value of US$ 584.3 million in 2022 and continue to grow at a CAGR of 5.0% to reach US$ 955.9 million by the year 2032, according to research from Future Market Insights.

The laminators are another name for the laminating devices. A protective layer comprised of paper, plastic, or foil is utilised to seal the relevant products using laminating machines. The lamination process may be carried out using these three types of bonding, thus the laminating machine market is divided into segments based on machine orientation, such as wet laminating machines, thermal laminating machines, and dry bond laminating machines.

The machinery chosen depend on how the items will be used in the end. Due to its simple operation and capacity to laminate materials significantly quicker than alternative methods, laminating equipment are used by end-use industries. Utilising machinery, items can be effectively sealed, preserving and lengthening their shelf life. The market for laminating machines is growing as manufacturers focus on creating machines that produce high-quality, high-barrier films at reasonable prices.

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Key Takeaways from Laminating Machines Market

• Wet laminating machines as an orientation segment for laminating machines are estimated to remain dominant during the forecast period. This segment is expected to hold around 50% of the market share by the end of 2032.
• The food & beverages segment is anticipated to remain the largest end-use industry segment due to increasing preference of consumers for laminating packaging due to the safe packaging advantage provided by laminating machines. This segment is likely to expand 1.8x of its current sales, witnessing a CAGR of 5.6% over the forecast period.
• The North American region is likely to remain the most lucrative market for laminating machines. Due to the high rate of industrialization and technological advancement, the market in this region will contribute a major market share in laminating machines market by end of 2032.
• Innovations and advancements brought by the players in the market are attracting new end users.

“The growing need for the safe packaging in various industries such as food & beverage and pharmaceutical has created opportunities for the key players to manufacture laminating machines which can laminate efficiently and quickly, maintaining high-quality standards.” – says FMI analyst

The Need for the High Quality Lamination at a Faster Rate to Meet the Demand is Boosting the Laminating Machines Market

Laminating machines can easily laminate at a high speed and the chances of errors can be reduced. Automated packaging solution machines can efficiently laminate the products at a consistent rate. The growing demand of the end-use industries such as pharmaceuticals and food & beverage requires an automated solution, which can laminate the products at a high speed without degrading the quality of the lamination. In addition, the laminating machines can be operated easily and do not require any expertise. Laminating machines help in providing lamination, which keeps the product stronger, durable and more flexible. Thus, the added benefits provided by the laminating machines have increased the sales of the same.