The global packaging machinery market is anticipated to grow at a considerable CAGR of 4.7% during the forecast period. Packaging Machinery Market research report reveals important insights into market scenario to enable key players in taking calculated decision making. Basically, one of the major purposes of market research reports is to maximize the business growth opportunities. It also helps key players to turn business into a successful business by increasing the profit level. The overall business goal can be accomplished through this Packaging Machinery Market study report as it consists of all the current happenings and major innovations of the marketplace. Depending on the overall business objective, it is important to reduce business risks to generate larger revenues in the business. Several regions are captured in this Market report which includes North America, Europe, Middle East, Africa, Latin America and Asia Pacific.
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However, Asia Pacific is expected to be the fastest growing region in the global packaging machinery market. The growth within the market is backed by the rising demand for packaging machinery across diversified industries along with the favorable investments by the market players within the region. Rapid urbanization and industrialization within the region have also attributed significantly towards the growth of the regional market. Presence of large mass of population within regional countries like China and India have raised the demand for packaged food which in turn is fuelling packaging machinery market. Growing standard of living, rise in disposable income and greater confidence in packaged food have led towards the rising demand for packaged food in Asia Pacific. In India, the average annual spending on packaged food has raised by 22.5% during 2010-2015. These factors create significant growth opportunities for the packaging machinery market in the region.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- 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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