Overview and Scope
Industrial laminating machines refer to specialized equipment designed for laminating or bonding materials together by applying heat, pressure, or adhesive. These machines are commonly used in various industries for enhancing the properties of materials, such as their strength, durability, appearance, and protection.
Sizing and Forecast
The industrial laminating machines market size has grown strongly in recent years. It will grow from $493.04 billion in 2023 to $521.41 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to increasing demand for packaging solutions, globalization and international trade, diverse application industries, environmental regulations, cost-effective production.
The industrial laminating machines market size is expected to see strong growth in the next few years. It will grow to $634.72 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to rising demand for sustainable solutions, emerging markets and industries, customization and flexibility, stringent quality standards, e-commerce packaging requirements. Major trends in the forecast period include digital printing technologies, industry 4.0 integration, technological advancements, environmentally friendly technologies, advanced material compatibility, energy-efficient technologies.
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Segmentation & Regional Insights
The industrial laminating machines market covered in this report is segmented –
1) By Type: Wet Laminating Machine, Thermal Laminating Machine, Dry Bond Laminating Machine
2) By Technology: Infrared Technology, Ultrasonic Technology
3) By Substrate Material: Paper, Film, Foil, Other Materials
4) By Operation: Manual, Semi-Automated, Automated
5) By End-User: Automotive, Aerospace And Defense, Medical, Pharmaceutical, Food And Beverage, Other End-Users
North America was the largest region in the industrial laminating machines market in 2023. The regions covered in the industrial laminating machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The growing demand for the automotive industry is expected to propel the growth of the industrial laminating machines market going forward. The automotive industry refers to the collection of companies, organizations, and activities involved in designing, developing, manufacturing, marketing, selling, and maintaining motor vehicles. The growing demand for the automotive industry significantly contributes to the increased use of industrial laminating machines. Laminates are widely used in the automotive industry for various applications such as interior trim, door panels, and instrument panels that can improve fuel efficiency and reduce emissions. For instance, in May 2023, according to the European Automobile Manufacturers Association, a Belgium-based automobile manufacturers association, the number of motor vehicles manufactured worldwide in 2022 was 85.4 million, up 5.7% from 2021. Therefore, the growing demand for the automotive industry is driving the growth of the industrial laminating machines market.
Key Industry Players
Major companies operating in the industrial laminating machines market report are Nordson Corporation, Bobst Group SA, General Binding Corporation, Mactac, FRIMO Group GmbH, Emsur S.A., Kenmec Group, HMT Manufacturing Inc., Uteco Converting S.p.A., D and K Group Inc., Aetna Group, Nippon Tungsten USA Inc., Signode AB, Global Web Finishing, Monotech Systems Ltd., Nordmeccanica Group, Comexi Group, Hesse Mechatronics Inc., Harpak-Ulma Packaging LLC, Soma Engineering, Karlville Development LLC, Black Bros. Co., Faustel Inc., BFM S.R.L., APL Machinery Pvt Ltd., Hsing Wei Machine Industry Co. Ltd., Graphco, GVE Industrietechnik GmbH, Wenzhou Guangming Printing Machinery Co. Ltd., Professional Laminating Systems
The industrial laminating machines market report table of contents includes:
1. Executive Summary
2. Industrial Laminating Machines Market Characteristics
3. Industrial Laminating Machines Market Trends And Strategies
4. Industrial Laminating Machines Market – Macro Economic Scenario
5. Global Industrial Laminating Machines Market Size and Growth
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31. Industrial Laminating Machines Market Other Major And Innovative Companies
32. Global Industrial Laminating Machines Market Competitive Benchmarking
33. Global Industrial Laminating Machines Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Industrial Laminating Machines Market
35. Industrial Laminating Machines Market Future Outlook and Potential Analysis
36.Appendix
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