The global packaging machinery market is anticipated to grow at a considerable CAGR of 4.7% during the forecast period. Rising demand for packaged food & beverages and growing adoption of automatic machinery are the key forces driving the global market. In 2016, the global packaged food sales were valued $2,465 billion, up from $2,348 billion in 2014. Rising demand for innovative as well as attractive packaging from the food & beverage sector have also played a vital role in the growth of the global packaging machinery market. Active labels in packaging of meat for sensing the expiration of the product is one of the foremost examples of packaging that is being currently deployed in the food industry. Along with it, the increasing demand for single-serve, multipacks and sustainable packaging is expected to attribute significantly towards the growth of the global packaging machinery market. Growing popularity of robotic packaging is projected to attribute substantially towards the development of packaging machinery market. In present times, robots are being widely used in the packaging sector owing to their accuracy and reliability. However, few years before robots participation was only limited to palletizing and case packing. With technological advancements, robots are expanding its functionalities towards primarily packaging including cartoning applications, pick-and-place operations and processing tasks such as coating and cutting. In the packaging industry, deployment of robotics is been driven by the labor savings. Johnson & Johnson after using a robotic palletizer was able to reduce manpower costs by up to 60% at its personal care products facility in Montreal.
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Packaging Machinery Market research report also helps key participants to know whether developing a novel product or service is appealing or not. It also guides by telling the exact position of the firm in the market. It allows testing business ideas and provides tips to make right investment. There are several novel businesses in the market come across various kinds of consumers and this detailed report provides them an ability of understanding how target consumers think and adapt to their requirements. Important market growth related aspects are also discussed in this Packaging Machinery Market report.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Packaging Machinery Market by Machine Type
- Filling and Dosing
- Form-Fill-Seal (FFS)
- Labeling and Coding
- Closing and Sealing
- Wrapping and Bundling
- Others (Palletizing and De-palletizing Machines and Cartoning Machine)
Global Packaging Machinery Market by End-User
- Food and Beverage
- Personal care
- Pharmaceutical
- Chemical
- Others (Electronics and Industrial)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Aetna Group
- Asian Packing Machinery Pvt. Ltd.
- Bajaj Processpack Ltd.
- Barry-Wehmiller Group Inc.
- Combi Packaging Systems LLC
- Dover Corp.
- Duravant LLC
- Illinois Tool Works, Inc.
- Krones AG
- Mamata Enterprises, Inc.
- Marchesini Group S.p.A.
- Mespack India
- Multivac Sepp Haggenmüller Se & Co. Kg
- Nichrome India Ltd
- Omori Machinery Co., Ltd.
- Orbital Food Machinery
- Pakona Engineers (India) Pvt Ltd.
- ProMach Inc.
- Reynolds Group Holdings Ltd.
- Syntegon Technology GmbH
- Sealed Air Corp.
- Tetra Pak International S.A.
- Toyo Seikan Group Holdings Ltd.
- WeighPack Systems, Inc.
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global packaging machinery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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