Companies are working on strategic alliances such as partnerships, collaborations, and agreements to be able to meet the growing need for temporary protective film industrial laminating machines. A few of such strategic initiatives are mentioned below.
• In Feb 2022, the Board of Regents has approved the spending of the US$ 10 million to US$ 15 million for the replacement of the Stead Family Children’s Hospital windows at risk. Till the work get completed and total identification to be done the windows will be covered using temporary protective films. Such factor is creating the demand for the laminators to apply temporary protective file on windows.
• In February 2019, Charter NEX Films announced its collaboration with HP Indigo to launch new Pack Ready Lamination PE sealant films, which are validated by Karlville for use with the HP Indigo Pack Ready Laminator. Thus, the laminator provides high-quality flexible packaging with an easy and food-safe lamination solution.
Such partnerships and collaborations are contributing to the growth of the North America temporary protective film industrial laminating machine market.
In the automotive industry, industrial laminating machines are used to create car parts and protect interior and exterior surfaces from scratches and abrasion during manufacturing, assembly, and vehicle transit. Temporary protective film industrial laminating machine helps protect body parts, wheels, bumpers, trim, lights, and emblems and safeguards high gloss finishes and painted plastic parts in vehicles to ensure 100% damage prevention and a perfect customer experience. The significant rise in the production of automotive vehicles owing to an increase in per capita income and the surge in demand for automobiles across North America has increased the need for temporary protective film industrial laminating machines. According to the Hedges Company, there were 286.9 million registered cars in the US in 2020. In October 2022, BMW AG announced an investment of US$ 1.7 billion to build electric vehicles (EVs) to enhance EV production in the US. Further, the total number of road motor vehicles registered in Canada increased to 26.2 million in 2021, an increase of 1.9% from 2020.
Moreover, the food & beverage industry is essential to the economy of North America. According to a report by the US Committee for Economic Development, the food & beverage industry comprises about 27,000 organizations and employs almost 1.5 million people. Due to the high internet penetration, delivery services availability, and growing demand for convenience, consumers are increasingly ordering groceries and other food products and goods through e-commerce platforms. Owing to this trend, there is an increasing need for packaging snacks, ice creams, biscuits, drinks, coffee, frozen food, and other ready-to-eat products. Thus, the adoption of temporary protective film industrial laminating machines is rising in the food & beverage industry, contributing to the growth of the temporary protective film industrial laminating machine market in North America.
The North America temporary protective film industrial laminating machine market is segmented into type, application, and country.
Based on type, the North America 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 North America temporary protective film industrial laminating machine market in 2022.
Based on end application, the North America 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 North America temporary protective film industrial laminating machine market in 2022.
Based on country, the North America temporary protective film industrial laminating machine market is segmented into the US, Canada, and Mexico. The US dominated the North America temporary protective film industrial laminating machine market in 2022.
HMT Manufacturing Inc, APL Machinery Pvt Ltd, Surface Armor LLC, Walco Inc, and Jordon Glass Machinery Inc are some of the leading companies operating in the North America temporary protective film industrial laminating machine market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 34.94 Million |
| Market Size by 2028 | US$ 45.93 Million |
| CAGR (2022 - 2028) | 4.7% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Type
|
|
Regions and Countries Covered
|
|
| North America | US, Canada, Mexico |
| Market leaders and key company profiles |
|
The North America Temporary Protective Film Industrial Laminating Machine Market is valued at US$ 34.94 Million in 2022, it is projected to reach US$ 45.93 Million by 2028.
As per our report North America Temporary Protective Film Industrial Laminating Machine Market, the market size is valued at US$ 34.94 Million in 2022, projecting it to reach US$ 45.93 Million by 2028. This translates to a CAGR of approximately 4.7% during the forecast period.
The North America Temporary Protective Film Industrial Laminating Machine Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Temporary Protective Film Industrial Laminating Machine Market report:
The North America 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 North America Temporary Protective Film Industrial Laminating Machine Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Temporary Protective Film Industrial Laminating Machine Market value chain can benefit from the information contained in a comprehensive market report.
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