About Industrial Laminating Machine
Industrial Laminating Machines are equipment which help in covering the materials or paper with a protective layer. This protective layer can be made up of either of films, or foil or paper. There are three major types of industrial laminating machines based on their working mechanism which are wet laminating machine, dry bong laminating machine and thermal laminating machine. The use of this machines may depend on the specific purpose or objectives. The laminating machine market has recently experienced a growth due to surge in demand from healthcare industry. Geographically, North America is expected to emerge as the biggest market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Recent Surge in Demand from Healthcare Sector has resulted in Increase in Demand for Industrial Laminating Machines. Industrial Laminating Machines have wide scale applications across the industries which makes the growth prospect of industrial laminating machine bright one. Although High Cost of Machines, may act as a hindrance to the growth of the machine’s market. North America is set to come out as the largest market. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
HMT Manufacturing, Inc. (United States), Kenmec Group (Taiwan), FRIMO Group GmbH (Germany), Konica Minolta, Inc. (Japan), Comexi Group Industries (Spain), Graphco (United States), Menzel Maschinenbau (Germany), Monotech Systems Ltd. (India), Black Bros. Co. (United States) and Faustel, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Krishna Enterprises & Machinery (India), Roto Flex Industries (India) and Wenzhou Guangming Printing Machinery Co., Ltd. (China).
Segmentation Overview
AMA Research has segmented the market of Global Industrial Laminating Machine market by Type (Wet Laminating Machines, Thermal Laminating Machines and Dry Bond Laminating Machines) and Region.
On the basis of geography, the market of Industrial Laminating Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material , the sub-segment i.e. Paper will boost the Industrial Laminating Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel , the sub-segment i.e. Direct will boost the Industrial Laminating Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Automatic will boost the Industrial Laminating Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Healthcare will boost the Industrial Laminating Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Healthcare Sector has experienced a Major Rise in Demand for Industrial Lamination Machines in Recent Times
Market Growth Drivers:
Growth of Packaging Industry and Advertising and Photography Sector’s Growth is also said to Fuel the Demand for Industrial Laminating Machines
Challenges:
High Cost of Industrial Laminating Machines
Restraints:
Emergence of Digital Printing Machines can Act as an Alternate to Industrial Laminating Machine
Opportunities:
Advancement in Technology Resulting in Increase in Efficiency can Present Major Opportunity to Attain a Competitive Edge
Market Leaders and their expansionary development strategies
In 2020, BOBST, one of the industry leader in manufacturing of printing, processing and substrate processing equipment launched the NOVA SX 550 LAMINATOR. The newly launched machine is a solvent less modular laminating machine. The machine is designed to deliver cost-effective performance for all production lengths on a wide range of substrates and thickness.
In 2020, Enprom Solutions, an AB Graphic and Kocher+Beck company specialising in coverting, labelling and packaging has announced launch of its first thermal laminating machine, known as Enprom thermal laminating (eTL) machine. The new product is said to be specifically designed to capitalise on flexible packaging market. The eTL machine is said to give a cutting edge to Enprom in the dynamic times ahead.
Key Target Audience
Industrial Laminating Machine Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.