Analysis- By Type (Manual Industrial Laminators and Automatic Industrial Laminators),
and Application (Medical, Pharmaceutical, Food and Beverages, Automotive, Aerospace and Defense, and Others)
No. of Pages:91
Report Code:
BMIRE00028910
Category:
Manufacturing and Construction
Europe Temporary Protective Film Industrial Laminating Machine Market
The Europe temporary protective film industrial laminating machine market is expected to grow from US$ 43.31 million in 2022 to US$ 61.25 million by 2028. It is estimated to grow at a CAGR of 5.9% from 2022 to 2028.
Growing Demand for Laminating Machines in Food & Beverages Industry Fuel Europe Temporary Protective Film Industrial Laminating Machine Market
Laminating machines are used for the packaging of processed food, ready-to-eat meals, and packed food. In the food & beverages industry, temporary protective films are used for the flexible packaging of both cooked and uncooked foodstuffs to protect them from contamination. Further, efficient lamination provided by these machines helps extend the shelf life of the food. The rapid proliferation of food delivery outlets worldwide is contributing to the growth of the temporary protective film industrial laminating machine market. Also, due to the user-friendly apps coupled with changing consumer expectations, the demand for ready-to-eat food delivery is increasing across the region, which is further rising the need for industrial laminator in the market. Thus, the rising demand for food delivery will also rise the demand for industrial laminator to protect the food items from contamination. Furthermore, the shift of people towards higher-quality packaged food items as they have become more conscious about a healthy lifestyle is rising the need for protective film laminators, thus boosting the growth of the temporary protective film industrial laminating machine market. Thus, a flourishing food & beverages industry worldwide is boosting the temporary protective film industrial laminating machine market growth.
Europe Temporary Protective Film Industrial Laminating Machine Market Overview
The temporary protective film industrial laminating machine market in Europe is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The growing manufacturing and automotive sectors and increasing strategic decisions by the market players are expected to boost the market growth in the region during the forecast period. In April 2020, Bobst Italia SpA announced the launch of a new solventless modular laminating machine—NOVA SX 550 LAMINATOR. NOVA SX 550 LAMINATOR handles a wide range of thicknesses and substrates, including thin aluminum foil, metalized film, and stretchable substrates. In January 2019, Kiefel GmbH announced the launch of vacuum laminating technology called tailored blank laminating for the automotive industry.
The automotive industry is one of the largest industries in Europe, representing ~7% of the region’s GDP. According to the European Automobile Manufacturers’ Association (ACEA), vehicle sales in Europe increased by 10% in 2021 compared to 2020. Moreover, Europe has the presence of major automotive manufacturers. The increasing production and sales of EVs and the presence of major manufacturers and suppliers with strong brand value and technological and financial capabilities are likely to propel the demand for temporary protective film industrial laminating machines in the region during the forecast period. Moreover, the overall goods manufacturing accounts for 17.3% of the European GDP and 83% of exports in 2022, making Europe the world's largest exporter of manufactured goods. Such growth prospects in the manufacturing and automotive industries in Europe bolster the growth of the temporary protective film industrial laminating machine market in the region.
Europe Temporary Protective Film Industrial Laminating Machine Market Revenue and Forecast to 2028 (US$ Million)
Europe Temporary Protective Film Industrial Laminating Machine Market Segmentation
Based on type, the Europe temporary protective film industrial laminating machine market is segmented into manual industrial laminators and automatic industrial laminators. The automatic industrial laminators segment held a larger share of the Europe temporary protective film industrial laminating machine market in 2022.
Based on end application, the Europe temporary protective film industrial laminating machine market is segmented into medical, pharmaceutical, food and beverages, automotive, aerospace and defense, and others. The automotive segment held the largest share of the Europe temporary protective film industrial laminating machine market in 2022.
Based on country, the Europe temporary protective film industrial laminating machine market is segmented into the France, Germany, UK, Italy, Russia, and the Rest of Europe. Germany dominated the Europe temporary protective film industrial laminating machine market in 2022.
Ashton Industrial Sales Ltd (Universal Laminators), APL Machinery Pvt Ltd, Meccanica Ronzani SRL, Walco Inc, and Crest Dutch Machinery BV are some of the leading companies operating in the Europe temporary protective film industrial laminating machine market.
Europe Temporary Protective Film Industrial Laminating Machine Market Strategic Insights
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Europe Temporary Protective Film Industrial Laminating Machine Market Segmentation Analysis
Europe Temporary Protective Film Industrial Laminating Machine Market Report Highlights
Europe Temporary Protective Film Industrial Laminating Machine Report Scope
Report Attribute
Details
Market size in 2022
US$ 43.31 Million
Market Size by 2028
US$ 61.25 Million
CAGR (2022 - 2028)
5.9%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Type
Manual Industrial Laminators and Automatic Industrial Laminators
Regions and Countries Covered
Europe
UK, Germany, France, Russia, Italy, Rest of Europe
How big is the Europe Temporary Protective Film Industrial Laminating Machine Market?
The Europe Temporary Protective Film Industrial Laminating Machine Market is valued at US$ 43.31 Million in 2022, it is projected to reach US$ 61.25 Million by 2028.
What is the CAGR for Europe Temporary Protective Film Industrial Laminating Machine Market by (2022 - 2028)?
As per our report Europe Temporary Protective Film Industrial Laminating Machine Market, the market size is valued at US$ 43.31 Million in 2022, projecting it to reach US$ 61.25 Million by 2028. This translates to a CAGR of approximately 5.9% during the forecast period.
What segments are covered in this report?
The Europe Temporary Protective Film Industrial Laminating Machine Market report typically cover these key segments-
Type (Manual Industrial Laminators and Automatic Industrial Laminators)
What is the historic period, base year, and forecast period taken for Europe Temporary Protective Film Industrial Laminating Machine Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Temporary Protective Film Industrial Laminating Machine Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2028
Who are the major players in Europe Temporary Protective Film Industrial Laminating Machine Market?
The Europe Temporary Protective Film Industrial Laminating Machine Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Temporary Protective Film Industrial Laminating Machine Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Europe Temporary Protective Film Industrial Laminating Machine Market value chain can benefit from the information contained in a comprehensive market report.
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