According to a comprehensive study conducted by Future Market Insights, the global laminating machines market is poised for robust growth in the coming years. In 2022, the market is expected to be valued at approximately US$ 584.3 million, and it is projected to expand at a healthy Compound Annual Growth Rate (CAGR) of 5.0%, reaching a noteworthy valuation of US$ 955.9 million by the year 2032.
One key determinant of this growth is the orientation of laminating machines. The wet laminating machines segment is expected to maintain its prominence in the market. This preference is attributed to the user-friendly nature and cost-efficiency of wet laminating machines. The wet laminating machines segment is forecasted to generate an incremental opportunity of US$ 234.9 million between 2022 and 2032.
This market outlook underscores the increasing demand for laminating machines and the significance of wet laminating machines as a preferred choice for various applications across industries. As the laminating machines market continues to evolve and expand, it reflects the importance of innovation and adaptability in the manufacturing and supply of these machines to cater to the evolving needs of industries and consumers.
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Innovations and Advancements from the Manufacturers are Enhancing the Sales of the Laminating Machines
The packaging industry is experiencing a surge of innovation and automation, with laminating machines at the forefront. A growing demand from diverse end-use sectors has drawn in fresh contenders. Manufacturers are fervently pursuing novel ideas and improvements to gain a competitive edge. They’re rolling out new products boasting enhanced capabilities, including superior precision and expanded functionalities. The adoption of automation techniques is not only reducing labor costs but also significantly boosting productivity. Consequently, the packaging industry is witnessing a wave of advancements and innovations, all driven by manufacturers’ quest for excellence and efficiency in laminating machines.
Competitive Landscape
In a significant move in April 2022, Robert Bürkle GmbH took a major step towards enhancing its global competitiveness by inaugurating its new facility in Debrecen. This expansion marks a strategic leap to bolster the company’s sustainability metrics while reinforcing its stance in the market. The Debrecen plant isn’t just an addition; it’s set to become an indispensable link in the company’s value chain, playing a pivotal role in securing the company’s continued success.
Similarly, back in August 2021, Comexi Group Industries made waves by expanding its footprint in Thailand through a landmark deal with Prepack, a prominent player in the country’s flexible packaging industry. The acquisition of a high-performance ML1 MC Laminator by Prepack signifies a bold move towards delivering unparalleled printing quality. This strategic partnership with Comexi Group Industries not only diversifies Prepack’s offerings but also promises substantial supply chain advantages, solidifying their position in the Thai market.
Market Drivers:
- Diverse Applications: Laminating machines find applications in a wide range of industries, including printing and packaging, education, signage, and commercial printing, creating a diverse customer base.
- Enhanced Durability: Laminating materials increase the durability and longevity of printed or laminated items, protecting them from wear, tear, moisture, and UV damage.
- Customization: Manufacturers can offer laminating machines with various capabilities, including different lamination thicknesses and sizes, allowing for customization to meet specific customer requirements.
- Consumer Convenience: Laminated materials are easy to clean and maintain, making them suitable for various end-use applications.
- Efficiency and Speed: Advanced laminating machines offer high-speed lamination and improved efficiency, contributing to higher productivity for businesses.
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Key Market Players
- Graphco
- HMT Manufacturing, Inc.
- Comexi Group Industries
- Karl Menzel Maschinenfabrik GmbH
- Monotech Systems Ltd.
- ALEMO
- Chongqing Sinstar Packaging Machinery Co., Ltd
- L.R. Schmitt Nachfolger Sondermaschinenbaugesellschaft m.b.H.
- WORLDLY INDUSTRIAL CO., LTD.
- GMP
- Robert Bürkle GmbH
- VEIT GmbH
- SAM Europe Srl
- Reliant Machinery
- HIP-MITSU srl
Laminating Machines Market by Category
By Orientation, Laminating Machines Market is Segmented as:
- Wet Laminating Machines
- Thermal Laminating Machines
- Dry Bond Laminating Machines
By Application, Laminating Machines Market is Segmented as:
- Paper
- Plastic
- Foil
By End-use Industry, Laminating Machines Market is Segmented as:
- Food & Beverages
- Pharmaceutical
- Personal Care & Cosmetics
- Automotive
- Aerospace & Defense
By Region, Global Laminating Machines Market is Segmented as:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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