Lamination Systems Market Expected to Reach $720.5 Million by 2032—Allied Market Research

According to a new report published by Allied Market Research, titled, “Lamination Systems Market," The lamination systems market size was valued at $458.15 million in 2022, and is estimated to reach $720.5 million by 2032, growing at a CAGR of 4.7% from 2023 to 2032.

A lamination system is a machine or set of machines that are used to laminate two or more materials together by applying heat and pressure. The process of lamination involves taking a sheet or a layer of material and bonding it with another sheet or layer of material using an adhesive or thermal process. The result is a composite material that is stronger and more durable than the individual materials used to make it. Lamination systems are commonly used in a variety of industries, including printing and packaging, manufacturing, construction, and automotive, among others.

Some common applications of lamination systems include laminating documents, creating protective coatings on surfaces, producing packaging materials, and manufacturing composite materials. Lamination systems come in various sizes and configurations, from small tabletop machines to large industrial-scale systems. 

Lamination systems are used to create a wide range of products that require added strength, protection, or visual appeal. The process involves feeding the materials to be laminated into the machine, which then applies heat and pressure to bond the materials together. The types of materials that can be laminated together include papers, films, foils, fabrics, and various other types of materials. There are several methods of lamination, including hot lamination, cold lamination, and pressure-sensitive lamination. In hot lamination, the materials are bonded together using heat and pressure, with an adhesive layer that is activated by heat. In cold lamination, pressure is used to bond the materials together without heat. Pressure-sensitive lamination involves using a self-adhesive material that is bonded to the materials by applying pressure. 

Lamination systems can be manual or automated, with varying degrees of complexity depending on the application. For example, a small tabletop lamination machine might be used for home or small office applications, while an industrial-scale system may be used for large-scale manufacturing of products like flooring, countertops, or other materials that require added durability and protection. 

The lamination systems market analysis is anticipated to expand significantly during the forecast period owing to increased demand for durable and high-quality materials and growth in adoption of glass lamination systems in the pharmaceutical sector. Additionally, during the forecast period, the lamination systems market growth is anticipated to benefit from surge in demand for lamination systems in food and beverage industry. On the other hand, growth in the lamination systems industry is expected to be restrained by the larger initial investments in lamination technologies. 

The lamination system market is segmented on the basis of type, technology, application, and region. On the basis of type, the market is classified into hot pouch laminating machine, cold pouch laminating machine, and roll laminating machine. In 2022, the hot pouch laminating machine segment dominated the lamination systems market share in terms of revenue, and cold pouch laminating machine segment will acquire major market share till 2032. On the basis of technology, it is categorized into liquid lamination, low temperature lamination, high temperature lamination, pressure sensitive lamination and thermal lamination. The high temperature lamination segment acquired the largest share in 2022 and is expected to grow at a significant CAGR from 2023 to 2032. On the basis of application, it is classified into printing factories, printing shops and others. The printing factories segment acquired the largest share in 2022 and is expected to grow at a significant CAGR from 2023 to 2032. 

Region-wise, the lamination systems market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). North America  remain significant participants in the lamination systems market. 

KEY FINDINGS OF THE STUDY 

• The lamination systems market is expected to continue growing in the coming years, driven by increasing demand for laminated products across various industries, technological advancements, and a growing trend towards sustainability. 

• The growing trend towards sustainability is driving the adoption of eco-friendly materials in the production of laminated products. Lamination systems that use sustainable materials and processes are in high demand, and manufacturers are investing in the development of environmentally friendly lamination systems. 

• Asia Pacific is the largest market for lamination systems, driven by the increasing demand for laminated products in industries such as packaging, building materials, and automotive. The region is also home to some of the largest manufacturers of lamination systems. 

• The Lamination systems market is highly competitive, with several major players operating globally. To remain competitive, companies are focusing on product innovation, strategic partnerships, and expanding their distribution networks. 

The key players profiled in the report include Bobst, Comexi Group Industries, HMT Manufacturing Inc., Black Bros. Co., Monotech Systems Ltd, Graphco, Equinox Precision Corp., Faustel Inc., Frimo Group Gmbh and Menxel Machinenbhau. Market players have adopted various strategies such as product launch, acquisition, expansion, and others to expand their foothold in the Lamination systems market.