Temporary Protective Film Industrial Laminating Machine Market Research Report and Outlook by 2028

The market for temporary protective film industrial laminating machines is projected to expand from US$ 129.20 million in 2022 to US$ 179.37 million by 2028, reflecting a compound annual growth rate (CAGR) of 5.6% during this period.

The rising demand for these laminating machines has prompted industry players to invest heavily in the creation of innovative and advanced solutions. This investment not only helps them stand out from their competitors but also allows them to incorporate various functionalities into their offerings. For example, in June 2022, KOMFI spol. s r. o. introduced the Komfi Amiga 52 Double, a versatile laminating system capable of laminating both digitally printed and offset materials. This machine includes features such as automatic nip pressure activation, sheet-overlap control, and a built-in perforator for sheet separation, among other automated capabilities. Additionally, in May 2021, Graphic Finishing Partners, LLC unveiled a heat laminator equipped with smart finishing technology. This laminator is fully controlled and monitored via a touchscreen microcontroller, accessible through an LED display, which aids operators in minimizing errors, ensuring production quality, and boosting productivity and consistency. It also provides timely notifications regarding excessive film tension to help maintain optimal processes. Furthermore, in April 2020, Bobst Italia SpA launched the NOVA SX 550 LAMINATOR, a solventless modular laminating machine designed for cost-effective performance across various production lengths and substrate thicknesses. Such advancements in temporary protective film industrial laminating machines are significantly driving the growth of the temporary protective film industrial laminating machine market. Moreover, substantial investments by vendors to enhance their product lines in response to evolving customer needs are creating further growth opportunities for market participants.

Effects of the COVID-19 Pandemic on the Temporary Protective Film Industrial Laminating Machine Market

The COVID-19 pandemic had a profound impact on the temporary protective film industrial laminating machine market, particularly in Europe, where countries like Italy, Spain, France, and Germany faced severe disruptions. The lockdown measures implemented by governments led to a significant reduction in production across various sectors, adversely affecting the market for temporary protective film industrial laminating machines. The temporary closure of numerous manufacturing facilities resulted in decreased output of these machines. However, as lockdown restrictions eased in 2021, manufacturing activities resumed, leading to a resurgence in demand for protective films in industries such as automotive, aerospace, and consumer electronics. This favorable environment is expected to enhance the growth of the temporary protective film industrial laminating machine market in the upcoming years.

In Canada, the demand for temporary protective film industrial laminating machines is being driven by the increasing trend of factory automation and the adoption of Industry 4.0. Canadian enterprises are seizing opportunities to modernize their industrial and manufacturing sectors through advanced technologies. Companies in the manufacturing and automotive industries have experienced significant increases in digital investments and rapid transformations. According to a report from Canada's Economic Strategy, applications related to Industry 4.0 are anticipated to generate between US$ 1.2 trillion and US$ 3.7 trillion in global economic value by 2025. This trend is accelerating the adoption of smarter machinery, thereby supporting the growth of the temporary protective film industrial laminating machines market in Canada. Additionally, government initiatives aimed at promoting electric vehicle adoption are likely to further bolster the market's growth in the country during the forecast period.

The Asia Pacific region is expected to exhibit the highest CAGR in the temporary protective film industrial laminating machine market throughout the forecast period. Within this region, the market is further divided into countries such as Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China is projected to hold the largest share of the temporary protective film industrial laminating machine market in Asia Pacific in 2022. The country boasts the largest automotive market globally, both in terms of annual sales and manufacturing output, accounting for approximately 30% of global automobile sales. Domestic production is expected to reach 35 million vehicles by 2025, with over 25 million vehicles sold in 2020, including nearly 20 million passenger vehicles and over 5 million commercial vehicles. This booming automotive sector in China presents substantial opportunities for the temporary protective film industrial laminating machine market, as these machines are essential for packaging automotive components to safeguard their surfaces from damage and scratches. China is also the second-largest exporter of laminating machines, with 18,805 shipments recorded in September 2022. Furthermore, the country ranks as the second-largest packaging market globally, driven by rapid domestic consumption growth and consistent GDP increases. According to the VDMA (Verband Deutscher Maschinen und Anlagenbau) Association, food packaging consumption is projected to rise from 399,858 million packaging items in 2018 to 447,066 million by 2023. The automation trend in the packaging sector has led to innovations and advancements in industrial laminating machines, thus significantly contributing to the growth of the temporary protective film industrial laminating machine market in China.

Key players in the global temporary protective film industrial laminating machine market include Walco S.A., HSING WEI MACHINE INDUSTRY CO., LTD, Surface Armor, LLC, LEETECH Co., Ltd, Crest Dutch Machinery B.V., HMT Manufacturing, Inc, Jordon Glass Machinery, APL Machinery Pvt. Ltd., Universal Laminators, and MECCANICA RONZANI Srl. The strategic initiatives undertaken by these companies to expand their geographical reach and enhance their product offerings are further propelling the growth of the temporary protective film industrial laminating machine market.