
Published On: Sep 2023
Published On: Sep 2023
According to Business Market Insights research, the Europe temporary protective film industrial laminating machine market was valued at US$ 43.31 million in 2022 and is expected to reach US$ 61.25 million by 2028, registering a CAGR of 5.9% from 2022 to 2028. Growing demand for laminating machines in food & beverages industry and increasing investments and rising contracts of temporary protective are the critical factors attributed to the Europe temporary protective film industrial laminating machine market expansion.
Companies are working on strategic alliances such as partnerships, collaborations, and agreements to be able to meet the growing need for temporary protective film industrial laminating machines. A few of such strategic initiatives are mentioned below.
Such partnerships and collaborations are contributing to the growth of the Europe temporary protective film industrial laminating machine market.
On the contrary, high cost of industrial lamination operations hampers the Europe temporary protective film industrial laminating machine market.
Based on type, the Europe temporary protective film industrial laminating machine market is segmented into manual industrial laminators and automatic industrial laminators. The automatic industrial laminators segment held 82.8% share of Europe temporary protective film industrial laminating machine market in 2022, amassing US$ 35.88 million. It is projected to garner US$ 51.23 million by 2028 to expand at 6.1% CAGR during 2022–2028.
Based on application, the Europe temporary protective film industrial laminating machine market is segmented into medical, pharmaceutical, food and beverages, automotive, aerospace and defense, and others. The automotive segment held 36.8% share of Europe temporary protective film industrial laminating machine market in 2022, amassing US$ 15.92 million. It is projected to garner US$ 23.39 million by 2028 to expand at 6.6% CAGR during 2022–2028.
Based on country, the Europe temporary protective film industrial laminating machine market has been categorized into the France, Germany, UK, Italy, Russia, and the Rest of Europe. Our regional analysis states that the Germany captured 28.0% share of Europe temporary protective film industrial laminating machine market in 2022. It was assessed at US$ 12.12 million in 2022 and is likely to hit US$ 17.55 million by 2028, exhibiting a CAGR of 6.4% during 2022–2028.
Key players operating in the Europe temporary protective film industrial laminating machine market are APL Machinery Pvt Ltd, Walco Inc, Ashton Industrial Sales Ltd (Universal Laminators), Meccanica Rozani SRL, and Crest Dutch Machinery BV, among others.
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