Global Shrink Bundlers Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Automatic, Semi-Automatic, and Manual.

By Application;

Automotive, Food & Beverages, Pharmaceuticals, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn345897024 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Shrink Bundlers Market (USD Million), 2021 - 2031

In the year 2024, the Global Shrink Bundlers Market was valued at USD 560.15 million. The size of this market is expected to increase to USD 788.19 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global shrink bundlers market has witnessed significant growth in recent years, driven by the burgeoning demand for efficient packaging solutions across various industries. Shrink bundlers are machines designed to wrap multiple products together using shrink film, providing protection, stability, and aesthetic appeal to packaged goods. These bundling machines have become indispensable in sectors such as food and beverage, pharmaceuticals, cosmetics, and household products, where streamlined packaging processes are essential for meeting consumer demands and optimizing supply chain efficiencies.

One of the key factors propelling the growth of the shrink bundlers market is the increasing emphasis on sustainable packaging solutions. With growing environmental concerns and stringent regulations regarding plastic usage, manufacturers are adopting shrink bundlers equipped with eco-friendly materials and energy-efficient technologies. Additionally, the rise of e-commerce and the need for safe and secure transit of goods have further augmented the demand for shrink bundling machines, as they offer superior protection against damage and tampering during shipping and handling.

Advancements in automation and robotics have revolutionized the shrink bundlers market, enabling faster production speeds, higher precision, and reduced labor costs. Integration of smart technologies such as Internet of Things (IoT) and artificial intelligence (AI) has enhanced the capabilities of shrink bundling systems, allowing real-time monitoring, predictive maintenance, and remote operation. These technological innovations have made shrink bundlers more versatile and adaptable to diverse packaging requirements, driving their adoption across various end-user industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Shrink Bundlers Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased demand

        2. Advancements in technology

        3. Growing focus

      2. Restraints
        1. High initial investment

        2. Regulatory challenges

        3. Competition from alternative packaging solutions

      3. Opportunities
        1. Expansion of the food

        2. Customization and versatility

        3. Adoption of Industry 4.0 principles

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Shrink Bundlers Market, By Type, 2021 - 2031 (USD Million)
      1. Automatic
      2. Semi-automatic
      3. Manual
    2. Global Shrink Bundlers Market, By Application, 2021 - 2031 (USD Million)
      1. Automotive
      2. Food and Beverages
      3. Pharmaceuticals
      4. Others
    3. Global Shrink Bundlers Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. APEX Packaging Corporation
      2. EDL Packaging EngineersInc.
      3. Galick Packaging Equipment Ltd.
      4. ARPAC Group
      5. Kliklok International Ltd.
      6. Autopack
      7. Gulf-Pacific Packaging Corporation
      8. Ever Roll Machinery Co.Ltd.
      9. IPS Packaging
      10. Poly-Pak Industries Inc.
      11. Plexpack
      12. PMR P
  7. Analyst Views
  8. Future Outlook of the Market