Korea Pallet Stretch Wrap Machines Market Size, Share & Trends Analysis Report By Machine Type (Automatic Pallet Stretch Wrap Machines, Semi-Automatic Machines, Manual Stretch Wrapping Equipment), By End-Use Industry (Logistics & Warehousing, Food & Beverage, Pharmaceuticals, Consumer Goods, Others (Textile, Automotive, Electronics)) and Forecasts, 2025-2033
USD 4500
South Korea Pallet Stretch Wrap Machines Market Insight
South Korea’s pallet stretch wrap machines market is set for steady expansion over the coming decade, underpinned by dynamic industrial growth and heightened logistical needs. According to Future Market Insights, the pallet wrap segment in Korea is expected to grow at a CAGR of around 3.2% from 2025 to 2035, rising from approximately USD 57.6 million in 2025 to USD 78.6 million by 2035Meanwhile, broader wrapping-machine revenue in South Korea reached USD 84.5 million in 2024, projected to grow at 6.4% CAGR toward USD 121.4 million by 2030, with stretch wrapping representing the largest revenue share in 2024 Demand is driven by South Korea’s robust manufacturing infrastructure spanning automotive, electronics, steel, chemicals, and pharmaceuticals as well as the rising footprint of e‑commerce and export logistics. The country’s export‑oriented economy makes efficient, damage-minimizing pallet wrapping vital to maintaining product integrity in global shipments The need to streamline warehouse operations, reduce labor cost, and enhance load stability also pushes adoption of semi‑automatic and automatic stretch wrappers that balance efficiency and investment cost
TABLE - Korea Pallet Stretch Wrap Machines Market Size & Forecast By Machine Type 2021-2033
| Machine Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Automatic Pallet Stretch Wrap Machines | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Semi-Automatic Machines | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Manual Stretch Wrapping Equipment | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
TABLE - Korea Pallet Stretch Wrap Machines Market Size & Forecast By End-Use Industry 2021-2033
| End-Use Industry | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Logistics & Warehousing | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Food & Beverage | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Pharmaceuticals | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Consumer Goods | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Others (Textile, Automotive, Electronics) | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
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