LAMINATING MACHINES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Global laminating machines market is estimated to be valued at US$ 674.3 Mn in 2024 and is expected to reach US$ 1,132.4 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
Global laminating machines market growth is driven by rising applications of laminating across different end-use industries. Laminating machines are widely used for protecting documents, photographs, designs and other materials using a protective plastic cover or laminate. These provide long-lasting and durable cover to various materials including papers, cards, brochures and catalogs. Technological advancements in lamination technology has enabled higher output speed, precision and versatility of laminating machines.
Market Dynamics-
Global laminating machines market growth is driven by factors like growing demand from printing and packaging industries, increasing usage of laminating for protection of identity cards and documents, and advancement in lamination technology. However, high initial investment for commercial laminating machines can hamper the market growth. Development of bio-based laminating films and integration of robotics in laminating can present attractive opportunities over the forecast period.
Key Features of the Study-
- This report provides in-depth analysis of the global laminating machines market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global laminating machines market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include 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, and VEIT GmbH
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global laminating machines market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global laminating machines market
Market Segmentation
Market Segmentation
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