According to Cognitive Market Research, the global flow wrap machine market size is USD 295.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 118.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 88.56 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 67.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Latin America's market has more than 5% of the global revenue, with a market size of USD 14.76 million in 2024, and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 5.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
Packaging held the highest flow wrap machine market revenue share in 2024
