The global laminating machines market is witnessing remarkable growth, fueled by increasing demand across various industries for efficient and cost-effective product protection solutions. According to research by Future Market Insights, the market, valued at USD 584.3 Million in 2022, is expected to expand at a CAGR of 5.0%, reaching USD 955.9 Million by 2032.
Laminating machines, commonly known as laminators, are devices designed to seal products with protective layers made from materials like paper, plastic, or foil. These machines play a crucial role in enhancing product durability and shelf life, making them indispensable in industries such as packaging, manufacturing, education, and printing.
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Prominent Drivers of the Laminating Machines Market
- Rising Demand for Durable Packaging
The growing need for robust, moisture-resistant, and aesthetically appealing packaging across industries like food, pharmaceuticals, and e-commerce is driving the demand for laminating machines. - Growth in the Printing and Advertising Industry
Increased use of laminating machines for preserving printed materials, enhancing visual appeal, and ensuring durability in advertising, signage, and publishing sectors contributes significantly to market growth. - Technological Advancements in Laminating Machines
Innovations such as automated laminators, energy-efficient systems, and compact designs are attracting businesses seeking efficiency and reduced operational costs. - Rising Adoption in Educational and Corporate Sectors
Schools, universities, and offices frequently use laminating machines to protect important documents, charts, and training materials, boosting demand in these segments.
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.
Competitive Landscape
The leading competitors in the laminating machines market are attempting to increase sales and revenues by expanding their capacity to meet rising demand. The leading businesses are attempting to implement various methods to expand their resources and produce new items to meet future customer demands.
In addition, the players are modernizing their production facilities to meet the demand. Some of the latest notable advancements in the market by the major players are as follows:
- In April 2022, Robert Bürkle GmbH increased its international competitiveness by expanding with the Debrecen plant. This expansion would help the company in improving its sustainability ratio and strengthen its market position. The Debrecen plant would be an integral part of the value chain and would play an important role in the success of the company.
- In August 2021, Comexi Group Industries expanded its presence in Thailand with the trade of high-performance ML1 MC Laminator to Prepack. Prepack is a leading supplier of flexible packaging in the country. The acquisition of the laminator would help Prepack in offering the best printing quality. Comexi Group Industries with this expansion had made a diverse scope in Thailand and would get major supply chain benefits.
Key Players
D&K Group; KOMFI spol. s r. o.; Black Bros. Co.; 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
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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