Global Wrapping Machine Market Size & Outlook, 2025-2030
The global wrapping machine market size was estimated at USD 2,680.4 million in 2024 and is projected to reach USD 3,754.9 million by 2030, growing at a CAGR of 5.9% from 2025 to 2030.
Revenue, 2024 (US$M)
$2,680.4
Forecast, 2030 (US$M)
$3,754.9
CAGR, 2025 - 2030
5.9%
Report Coverage
Worldwide
Global wrapping machine market, 2018-2030 (US$M)
Related Markets
Global wrapping machine market highlights
- The global wrapping machine market generated a revenue of USD 2,680.4 million in 2024 and is expected to reach USD 3,754.9 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.9% by 2030.
- In terms of segment, stretch accounted for a revenue of USD 1,145.2 million in 2024.
- Stretch is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 2,680.4 million |
| Market revenue in 2030 | USD 3,754.9 million |
| Growth rate | 5.9% (CAGR from 2025 to 2030) |
| Largest segment | Stretch |
| Fastest growing segment | Stretch |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stretch, Shrink |
Other key industry trends
- In terms of revenue, the North America accounted for 22.9% of the global wrapping machine market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 301.7 million by 2030.
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Wrapping Machine Market Scope
Wrapping machine market segmentation & scope
Wrapping Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Matco International | View profile | 11-50 | Deventer, Overijssel, The Netherlands, Europe | https://matco-international.com/ |
| Durapak | View profile | 51-100 | https://durapak.in/ | |
| Phoenix Wrappers | View profile | 101-250 | Laval, Quebec, Canada, North America | http://www.phoenixwrappers.com/ |
| Lantech | View profile | 501-1000 | Louisville, Kentucky, United States, North America | https://www.lantech.com |
| Orion Packaging Systems | View profile | 251-500 | Alexandria, Minnesota, United States, North America | https://www.orionpackaging.com/ |
| Robopac | View profile | 1001-5000 | Verucchio, Emilia-Romagna, Italy, Europe | https://robopac.com |
| ProMach | View profile | 1001-5000 | Covington, Kentucky, United States, North America | https://www.promachinc.com |
| Syntegon Technology | View profile | 5001-10000 | Waiblingen, Baden-Wurttemberg, Germany, Europe | https://www.syntegon.com/ |
| Coesia | View profile | 5001-10000 | Bologna, Emilia-Romagna, Italy, Europe | http://www.coesia.com |
| IMA Group | View profile | 5001-10000 | Castenaso, Emilia-Romagna, Italy, Europe | https://www.ima.it/ |
Global wrapping machine market size, by regions, 2018-2030 (US$M)
Top 10 countries: Wrapping machine market size, 2024 (US$M)
Global wrapping machine market share, by type, 2024 & 2030 (%, US$M)
Wrapping machine market: Opportunity assessment by country
Global wrapping machine market, by region, 2024 (US$M)
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