Online Pallet Wrapping Machine, the market size continues to grow

According to the 2024 report of the relevant research team, the global wrapping machine market is expected to reach US$1.2 billion in 2029, with a CAGR of 2.2% in the next few years. Among them, automatic wrapping machines are the most important segmented products, accounting for about 56.1% of the share; in terms of application areas, food and beverages are the largest downstream market, accounting for about 31.8% of the share.

Environmental protection needs drive industry changes: With the improvement of environmental awareness and the strengthening of environmental regulations, the use of recyclable and degradable packaging materials has become a trend. Wrapping machines can be combined with environmentally friendly materials to provide sustainable packaging solutions, such as the new machine for paper pallet packaging launched by Mondi in cooperation with ew technology, which uses Advantage Stretch Wrap paper made of 100% virgin paper, which is fully recyclable and has a carbon footprint 62% lower than virgin plastic stretch film, which meets the environmental protection requirements of modern society and is expected to increase market demand.