Chocolate Wrapping Machine Market Outlook
The chocolate wrapping machine market is likely to grow at a CAGR of 6% through 2032. The market has a current valuation of US$ 48 Bn in 2022 and is likely to cross a valuation of US$ 85.96 Bn by 2032.
Chocolate Wrapping Machine Market CAGR
Chocolate Wrapping Machine Market (2022)
US$ 48 Bn
Chocolate Wrapping Machine Market (2032)
US$ 85.96 Bn
The global increase in demand for chocolates and confectionery items has fueled the market for chocolate wrapping machines. Wrap-type packaging is a frequently employed wrapping style for chocolates all over the world.
Chocolate firms are investing a great deal of money in automating the whole chocolate production process to boost their profitability. Chocolate circulation wrapping machines automate the chocolate and confectionery wrapping processes. The machines provide a range of pack design elements based on the unique needs of chocolate makers.
Certain leading companies are collaborating with each other. These firms are developing equipment that leverages proprietary technology that is exclusive to their machinery, giving us some of the most adaptable and innovative chocolate-making machinery available.
This machine is also a modified cut and folds machine. The mechanized cutting part was removed, and a manually fed infeed conveyor was installed to transport items through the wrapping area.
Manufacturers are working on this chain feed fold wrapping machine, which can fold wrap cubed, square, oblong, and rectangular flat-bottomed items in a single point unfold. The machine can wrap 300 chocolates per minute with automatic feed or as quickly as a user can feed it with manual control. It involves a variable-speed machine that is operated by an inverter unit. It comes with a print registration unit for centering printed films.
Some prominent businesses are executing on the promise of a sustainable future by offering automated fiber-based packaging solutions to assist partners and customers in meeting their environmental targets and winning the competition.
With technical innovations, especially in automation technologies, multiple organizations are looking for methods to exploit chocolate wrapping machines.
The current wrapping machine business is increasingly focused on quality and sustainability. From this vantage point, technology companies and raw material makers confront the task of providing innovative, eco-friendly wrapping materials to the market.
Global enterprises are concentrating on sustainability, which the business will underline with the new HY7 'hybrid' wrapping machine. The displayed version will have a 'top twist' design and will be capable of rates of up to 500 pieces per minute. Moreover, HY7 favors a multi-style and multi-material approach, easing the shift to new environmental materials that will promote everyday chocolate wrapping innovation.
This goes beyond the standard mechanical transmission strategy to incorporate high-performance, energy-efficient servo drives, lowering the cost of components in machine units by up to 40% on average when compared to earlier versions.
Chocolate Wrapping Machine market: Introduction
Globally, the chocolate production has increased many folds since last decade in most of the countries, prominently in Europe. The changing consumer preferences towards the specialty chocolates has fuelled the demand for chocolate and confectionery industry. The increase in the consumption of the chocolates and confectionery food items has resulted in the escalated demand for the chocolate flow wrapping machines market.
The chocolate producers are spending high amounts of money to automate the overall process of the chocolate production to increase their profitability margins. The chocolate flow wrapping machines automate the packaging process of the chocolate and confectionery items. The machines offer a variety of pack design features according to the specific demand of the chocolate manufacturers.
It offers convenience to flow wrap any type of packaging material such as paper or cardboard, aluminum, plastics, and others. The machines provide ideal packaging solution for the flow wrap packaging of the chocolate and confectionery items along with the consistent packaging for every item.
Also, the chocolate flow wrapping machines are incorporated with different equipment to produce a variety of packaging sizes. The machine eliminates the challenges faced during the production and packaging process of the chocolates and confectionery items.
Chocolate Wrapping Machine: Market Dynamics
Globally, the rise in demand for the chocolates and confectionery products has fuelled the demand for the chocolate wrapping machines market. The wrap-type packaging is widely used packaging technique for the packaging of the chocolates across the globe.
The changing consumer preferences and rise in disposable income have resulted in the rise in consumption of the chocolates and growth of the chocolate producing companies which in turn spend high on the automation process to increase profitability margins.
The alternative packaging solution may hamper the growth of the chocolate wrapping machines market in the near future. Also, the change in technology may result in the decline in the growth of the market.
The recent trends observed in the chocolate wrapping machines market is the customization of the machines according to the packaging needs of the chocolate manufacturers. The chocolate manufacturers are aiming cheap machinery with high production outputs.
Chocolate Wrapping Machine Market: Regional outlook
Geographically, the global Chocolate Wrapping Machine market is segmented across following regions- North America, Asia-Pacific Excluding Japan, Japan, Eastern Europe, Western Europe, Latin America, Middle East and Africa. Europe dominates the chocolate flow wrapping machines market due to the high penetration of the chocolate producers in the region.
The packaging trend in this region is also shifting from the manual processes to the modern technologies. The North America is expected to be the second largest market in the chocolate wrapping machines market due to the high consumption of chocolate and high number of chocolate producers in the region.
Manufacturers in North America also export chocolates and confectionery to the other parts of the world including Asia-Pacific, MEA, and Japan which ultimately drives the market of chocolate wrapping machine. The manufacturing process of the chocolates in this region is facilitated by the highly automated chocolate wrapping machinery.
The trend for plant automation in the Asia Pacific and MEA region is emerging and is expected to grow several folds in the next few years. The Japan and Latin America region also offer untapped growth potential for the chocolate wrapping machines market in near future.
Chocolate Wrapping Machine Market
Some of the key players in the global chocolate wrapping machine market are Ilapak, Inc., LOYNDS International Ltd., AMP Rose Ltd., LOESHCHPACK PIPENBROCK Group, MAKREV Packaging, Taizhou Funengda Industry Co., Ltd., TENCHI SANGYO & TENCHI KIKAI Co., Ltd.
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The report covers exhaust analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Chocolate Wrapping Machine: Market Segmentation
Chocolate Wrapping Machine market segmentation by speed–
- 100-200 Packs per Minute
- 200-300 Packs per Minute
- 300-400 Packs per Minute
- More than 400 Packs per Minute
Chocolate Wrapping Machine market segmentation by application –
- Chocolate Bars