Luggage Wrapping Machines Market: Introduction
- Luggage wrapping machines are predominantly used at airports and hotels. These machines are used by end-users as the machine creates a waterproof covering, hard to tear, that prevents scratches and adds an extra layer of protection over the luggage. It is a convenient, fast, and efficient way of wrapping luggage. The film used for wrapping luggage can be recycled back into new wrapping film. Luggage wrapping machines are available in semi-automatic and automatic forms.
Key Drivers and Opportunities of the Global Luggage Wrapping Machines Market
- Growing commercial infrastructures (airports, railway stations, hotel chains) are investing to expand in developing countries. This will help to increase the demand for luggage wrapping machines during the forecast period in developing countries.
- Rise in disposable income and easier options of travelling, is leading to an increase in air travel every year. This is expected to help in the growth of the luggage wrapping machines market.
- End-users are using luggage wrapping machines as it takes less time as compared to manual luggage wrapping and also protects the luggage from wear and tear, pilferage, etc. The above mentioned factors are likely to lead to an increase in demand for luggage wrapping machines in the global market.
- The global luggage wrapping machines market is expanding rapidly. Numerous local and domestic manufacturers are offering a wide range of products with new innovative designs which can wrap large and small luggage of any shape and size. Moreover, manufacturers are further investing in research and development to come up with more advanced technologies for luggage wrapping. Therefore it is expected that the market for luggage wrapping machines will witness growth during the forecast period.
Restraints of the Global Luggage Wrapping Machines Market
- The Covid-19 pandemic has affected the travel and tourism industry, which is expected to restrain the inflow and outflow at airports. This in turn will also impact the demand for luggage wrapping machines. Moreover, the ban on travelling has limited the usage of global luggage wrapping machines at airports and hotels. The continuance of the Covid-19 pandemic is expected to be a restraining factor for the growth of the luggage wrapping machines market during the forecast period.
North America to Hold Major Share of the Global Luggage Wrapping Machines Market
- In terms of region, the luggage wrapping machines market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- North America is expected to hold major share of the global luggage wrapping machines market during the forecast period. North American countries such as the United States, and Canada have maximum number of airports and hotels which are considered to be the major end-users of luggage wrapping machines. This is projected to increase demand for luggage wrapping machines in the region during the forecast period.
- Moreover, rapid urbanization in developing countries has led to increase in number of airports and railways stations in Asia Pacific, which is expected to drive the growth of the luggage wrapping machines market in the region.
Key Players Operating in the Global Luggage Wrapping Machines Market
Major players operating in the global luggage wrapping machines market include:
- Yorkshire Packaging System (YPS)
- Shandong Dyehome Intelligent Equipment Co., Ltd
- JMD Packaging Machines
- Texwrap packaging Systems
- Formm Packaging
- Veritiv Corporation
Global Luggage Wrapping Machines Market: Research Scope
Global Luggage Wrapping Machines Market, by Machine Type
- Vertical Wrapping Machine
- Horizontal Wrapping Machine
Global Luggage Wrapping Machines Market, by Mode of Operation
- Manual Wrapping Machine
- Semi-automatic Wrapping Machine
- Automatic Wrapping Machine
Global Luggage Wrapping Machines Market, by Distribution Channel
Global Luggage Wrapping Machines Market, by End-users
- Railway stations
- Bus Stations
- Others (Hotels, etc.)
Global Luggage Wrapping Machines Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America