Future Market Insights’ research indicates that the global laminating machines market is set to experience substantial growth in the upcoming years. By 2022, the market value is projected to reach US$584.3 million, and it is anticipated to achieve a compound annual growth rate (CAGR) of 5.0% to reach US$955.9 million by 2032.
Laminating machines, also known as laminators, play a crucial role in applying protective layers of paper, plastic, or foil to seal various products. The market is segmented based on different bonding methods, including wet laminating, thermal laminating, and dry bond laminating, which cater to specific machine orientations.
The laminating machinery chosen depends on the specific requirements of the products being laminated. End-use industries prefer laminating machines due to their user-friendly operation and improved efficiency compared to alternative methods. These machines effectively seal products, extending their shelf life and preserving their quality.
One of the driving factors behind the growth of the laminating machines market is the manufacturers’ focus on developing machines capable of producing high-quality, high-barrier films at affordable prices. This emphasis on enhancing machine capabilities and efficiency contributes significantly to the market’s expansion.
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Overall, the global laminating machines market is expected to witness steady growth, driven by the increasing demand for effective and efficient packaging solutions across various industries. The constant need for reliable sealing and preservation of products is expected to fuel the market’s growth trajectory.
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
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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.
Increased Adoption of the Laminating Machines in the Pharmaceutical Industry is Propelling the Sales of the Laminating Machines Market
Laminating machines help the pharmaceutical products in the packaging of sensitive powders, granules or liquid products. High-sensitive products can be preserved using laminating foils as it separates the products from the external environment. The efficiency of the laminating machines in packing the products helps in reducing the chances of errors. The pharmaceutical products require extra care as the form and nature of the products should not change.
Laminating machines help pharmaceutical companies with packaging and protecting the medications in capsules and tablet dosage forms. Different laminating materials such as paper, plastic and foil are used by pharmaceutical companies as they are hygienic, lightweight, and toxin-free, which helps in increasing the shelf life of the pharma products. Thus, due to the need for the efficient packaging and laminating of pharmaceutical products, the usage of laminating machines is increasing in the pharmaceutical industry.
Laminating Machines Market Landscape
D&K Group, KOMFI spol. s r. o., Black Bros. Co., Comexi Group Industries and Graphco are the key players operating in the global laminating machines market. Also, some of the noticeable players operating in the laminating machines are HMT Manufacturing, Inc., 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 and others.
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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 FMI
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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