Published Date: 31-Oct-2019
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According to a new report Europe Wrapping Machine Market, published by KBV Research, the Europe Wrapping Machine Market would witness market growth of 5.2% CAGR during the forecast period (2019-2025).
The Germany market dominated the Europe Shrink Wrapping Machine Market by Country 2018, and would continue to be a dominant market till 2025. The UK market is expected showcases prominent growth rate of5.6% during (2019 - 2025). Additionally, The France market is anticipated to witness a CAGR of 7.1% during (2019 - 2025).
The Food Industry market dominated the Russia Wrapping Machine Market by Application 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $43.7 million by 2025, growing at a CAGR of 3.8 % during the forecast period. The Beverages Industry market is experiencing growth rate of 4.6% during (2019 - 2025). Additionally, The Personal Care market is expected to witness highest CAGR of 6.6% during (2019 - 2025).
The Automatic Wrapping Machine market in the Italy Wrapping Machine Market by Mode of Operation is expected to be the dominant market by 2025, thereby, achieving a market value of $35.3 million by 2025, growing at a CAGR of 11.1 % during the forecast period. The Semi-Automatic Wrapping Machine market would grow at a CAGR of 4.5% during (2019 - 2025).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of IMA Group, Duravant LLC, BEUMER Group GmbH & Co. KG, Lantech LLC, ProMach, Inc., Maillis Group S.A. (H.I.G. Capital LLC), Robert Reiser & Co., Inc., Aetna Group S.p.A., Atlanta Stretch SpA and American Packaging Machinery, Inc.
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