Industrial Laminating Machines Market

Industrial Laminating Machines Market Size Survey Report – In a Glance

As per the survey report on global Industrial laminating machines market, the market is projected to foresee a CAGR of 5.2% between 2024-2033, and further generate a market size of USD 770.94 billion by the end of 2033. In the year 2023, the market size was valued at USD 491.5 billion.

• The global Industrial laminating machines market is projected to grow on account of the rising consumption of packaged goods.
• In Japan, the Industrial laminating machines market growth can be attributed to the growing demand for eco-friendly packaging solutions.
• KDMI analyst’s growth analysis foresees the size and format of the materials to challenge the market growth.
• The North America Industrial laminating machines market is projected to dominate the global market.

Industrial Laminating Machines Market Analysis

A laminator is a device that laminates pieces or rolls of paper or card stock. An industrial laminator or industrial laminating machine is a device that uses a protective layer consisting of paper, plastic film, or foil to seal documents that is fed into it. It uses thermal heat to cover the documents or products to increase its durability and strength to mishandling of the product.

The increasing demand for packaged goods, particularly in the food and beverage, pharmaceuticals, and consumer goods sectors, enhances the need for industrial laminating machines. As per our experts at KD Market Insights, the revenue generated from the consumer packaged goods industry is poised to grow with a CAGR of about 5.1% during the forecast period. Laminated packaging provides endurance, moisture resistance, and increased aesthetic appeal, which are crucial for product protection and shelf life. Faustel, Inc., Black Bros. Co., Monotech Systems Ltd. are some of the significant parties in the global market for Industrial laminating machines.

Analyst’s Observation on Japan Industrial Laminating Machines Market Survey

In Japan, with increasing environmental awareness and regulations, there is a rising demand for eco-friendly packaging solutions which promotes sustainable practices. Our researchers have found that the volume of plastic waste in the nation in the year 2022 was close to 8.5 million tons, representing a major environmental issue in Japan. Industrial laminating machines permits the use of recyclable and biodegradable materials while maintaining product integrity and aesthetics. Owing to the increasing focus of the Japanese companies on lowering their environmental footprint, the demand for eco-friendly packaging solutions is growing, which is projected to drive the demand for industrial laminating machines in the nation. Shibaura Machine Co., Ltd., Panasonic Corporation, and Komatsu NTC Ltd. are some of the significant parties in the market for Industrial laminating machines in Japan.

Industrial Laminating Machines Market Growth Drivers and Challenges

Rising Demand for Laminating Machines in the Printing and publishing Industry to Drive Market Growth:

The commercial printing, advertising, and promotional materials in the printing and publishing industry depends on laminating machines to enrich the durability and appearance of printed materials. As the publishing industry is rising, the demand for high quality laminating solutions is also rising equally, thereby driving the demand for industrial laminating machines.

Over Consumption of energy and environmental influence to restrict market growth:

In the industrial laminating machinery, energy consumption and influence on the environmental are significant considerations. The need to curtail energy consumption and abiding by the environmental regulations affects the design and operations of laminating machines, thereby hindering the growth of the laminating industry.

Industrial Laminating Machines Market Segmentation

Our experts at KD Market Insights have segmented the global Industrial laminating machines market research report as:

Industrial Laminating Machines Market Regional Synopsis

The North American industrial laminating machines market is majorly driven by the increasing adoption of automation in industrial processes which creates a demand for automated laminating machines. These machines offer higher accuracy, reduce labor charges, and provide consistent product quality, making them attractive to the manufacturers.  Additionally, the growing trend of on-demand manufacturing, with shorter production runs and frequent product customization, increases the use of versatile laminating machines that can handle different materials and thicknesses is also projected to contribute to the market growth in the region.

As per our analysts at KD Market Insights, the following five players lead the North America Industrial laminating machines market growth:

• Black Bros. Co.
• D&K Group, Inc.
• Drytac Corporation
• GBC (General Binding Corporation)
• Associated Pacific Machine Corporation

Industrial Laminating Machines Market Competitive Landscape

Some of the key players who top the global Industrial laminating machines market share:

• Faustel, Inc.
• Black Bros. Co.
• Monotech Systems Ltd.
• Graphco
• Kenmec Group
• Equinox Precision Corp.
• Comexi Group Industries
• FRIMO Group GmbH
• Menzel Maschinenbau
• HMT Manufacturing, Inc.
• Krishna Enterprises & Machinery
• LONG NEW INDUSTRIAL CO., LTD
• Reliant Machinery
• Roto Flex Industries
• Sigma Industries

Industrial Laminating Machines Market Recent Developments

• Black Bros. Co. stated that it has introduced their over-stack panel feeder with engineered design and operating improvements with the help of robotics. It helps boost efficiency and productivity while reducing costs, which helped Black Bros. Co. to get a strong foothold in the global laminating machines market.
• Comexi Group stated that it has expanded its presence in the Middle East with a showroom at Madayn Plastic Company. Madayn Plastic acquired a Comexi F2 ML flexographic press and a Comexi ML2 Evolution laminator. These machines would be used in the facility that the company is building in Sohar. This strategy helped Comexi Group to gain global recognition.