According to our (Global Info Research) latest study, the global Pallet Shrink Packaging Machine market size was valued at US$ 886 million in 2024 and is forecast to a readjusted size of USD 1283 million by 2031 with a CAGR of 5.6% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
The pallet shrink packaging machine is an automated packaging device used to fix and seal pallet cargo. It wraps and shrinks the cargo by heat shrink film to form a stable protective layer that is moisture-proof, dust-proof and easy to transport. The equipment is widely used in food and beverage, chemical, logistics and warehousing industries, and is suitable for containerized packaging of cartons, bottled goods, building materials and other products. Its core features are high efficiency and stability (packaging speed can reach 20~30 pallets/hour), energy saving and environmental protection (low energy consumption heating technology), and it supports linkage with conveyor lines and palletizers to achieve fully automated production.
This report is a detailed and comprehensive analysis for global Pallet Shrink Packaging Machine market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Pallet Shrink Packaging Machine market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Pallet Shrink Packaging Machine market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Pallet Shrink Packaging Machine market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Pallet Shrink Packaging Machine market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Pallet Shrink Packaging Machine
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Pallet Shrink Packaging Machine market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include MSK Covertech, KHS, Orion, Robopac, Phoenix Wrappers, Shivansh Packaging Machines, Waylog, Lantech, Atlanta Stretch, Penguin Engineers, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Pallet Shrink Packaging Machine market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hot Air Shrinkage
Steam Shrinkage
Infrared Shrinkage
Market segment by Application
Food and Beverage
Chemicals
Logistics and Warehousing
Major players covered
MSK Covertech
KHS
Orion
Robopac
Phoenix Wrappers
Shivansh Packaging Machines
Waylog
Lantech
Atlanta Stretch
Penguin Engineers
Crown Packaging
FhopePack
Cousins Packaging
Delta Packaging
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Pallet Shrink Packaging Machine product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Pallet Shrink Packaging Machine, with price, sales quantity, revenue, and global market share of Pallet Shrink Packaging Machine from 2020 to 2025.
Chapter 3, the Pallet Shrink Packaging Machine competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Pallet Shrink Packaging Machine breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Pallet Shrink Packaging Machine market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Pallet Shrink Packaging Machine.
Chapter 14 and 15, to describe Pallet Shrink Packaging Machine sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Pallet Shrink Packaging Machine. Industry analysis & Market Report on Pallet Shrink Packaging Machine is a syndicated market report, published as Global Pallet Shrink Packaging Machine Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Pallet Shrink Packaging Machine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.