Dublin–(business wire)–“Global Packaging Machinery Market Size, Segment, Outlook and Revenue Forecast 2022-2028 by Machine Type, Operation, Technology, End User, Distribution Channel and Key Regions” Report Added of ResearchAndMarkets.com Recruitment.
According to this analysis, the global packaging machinery market is expected to register a positive CAGR of ~5% during the forecast period (2022 to 2028), reaching $63 billion by 2028 due to increasing consumer demand. It is expected to reach close to the US dollar. Commodities along with the growing popularity of e-commerce platforms for purchasing various products.
Growth in technology innovation and advancement are some of the factors driving the growth of the market.
Rising demand for high-efficiency packaging machines among end-user industries, coupled with technological advancements such as robotics, automation, etc. to efficiently scale businesses is likely to drive the growth of the market. .
Growing demand for packaged food and beverage products and increasing consumer spending on pharmaceuticals and personal care products are expected to boost the demand for packaging and packaging machinery among end-users.
Global packaging machinery market faces challenges due to high initial investment requirements
Advanced technology and automated packaging machines are very expensive and require high initial investment, which may make it difficult for small and medium-sized manufacturers to purchase packaging machines, slowing market growth. there is.
Reporting scope
The packaging machinery market is segmented by machine type, operation, technology, end user, and distribution channel. In addition, the report also covers the market size and forecast for the packaging machinery market in four regions. The revenue used for market size and forecast for each segment is US$ billion.
Model
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filling
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labeling
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foam fill seal
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boxing
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wrapping
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Palletizing
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bottling line
By operation
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Autonomously
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semi-autonomous
By technology
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General packaging
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Modified atmosphere packaging
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vacuum packaging
By end user
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food and beverage
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pharmaceuticals
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personal care
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industry and chemistry
By distribution channel
by geography
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North America (USA, Canada, Mexico)
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Europe (Germany, UK, France, Spain, Italy)
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Asia Pacific (China, Japan, Korea, India, Indonesia, Australia)
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LAMEA (Latin America, Middle East, Africa)
Key trends by market segment
By Machine Type: The filling segment accounted for the largest share of the global packaging machinery market in 2021, owing to increasing demand for filling machines in various industries.
By Operation: The automation segment accounted for the largest share of the global packaging machinery market in 2021, owing to rising demand for automatic packaging machines among end-user industries to scale effectively while controlling operating costs .
Advanced autonomous packaging machines offer a variety of benefits, including reduced labor costs, reduced damage, increased throughput and productivity, and consistent packaging results. These may attract different end-users and boost the demand for the segment in the market.
By Technology: The general packaging segment accounted for the largest share of the global packaging machinery market in 2021 due to its ease of operation and maintenance.
Demand for faster and more efficient packaging of various products including food and beverages, chemicals, personal care, etc. is expected to drive segment growth in the global packaging machinery market.
By End User: The food and beverage segment accounted for the largest share of the global packaging machinery market in 2021 due to surge in demand for packaged food and beverage products due to their convenience and easy portability.
Increased consumer spending on packaged foods, coupled with increased consumption of organic and healthy foods, is expected to drive the need for specialized packaging, resulting in increased demand for highly efficient packaging machinery. will be
By distribution channel: The direct segment accounted for the largest share of the global packaging machinery market in 2021, owing to the personalized experience of buying packaging machinery directly from manufacturers.
The direct distribution channel ensures no delays in delivery and product reliability, attracting end-users.
By Geography: Asia-Pacific accounted for the largest share of the global packaging machinery market in 2021, owing to rising consumption of packaged products and increasing purchasing power of consumers.
Increasing investment in the manufacturing sector from developing countries such as India, China, coupled with expansion of the food and beverage industry is expected to boost the demand for packaging and packaging machinery.
Main topics covered in the report
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A snapshot of the global packaging machinery market
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Industry Value Chain and Ecosystem Analysis of Packaging Machinery Market
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Market size and segmentation of the global packaging machinery market
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Overall Global Packaging Machinery Market and Segment Historic Growth
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Competitive Scenario of Packaging Machinery Market and Key Developments of Competitors
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Porter’s Five Forces Analysis of the Global Packaging Machinery Industry
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Key Competitor Profiles, Product Offerings and Strategic Developments
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Impact of COVID-19 on the entire global packaging machinery market
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Global packaging machinery market and future market forecast and growth rate by segment
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Market Size of Application/End-User Segment by Historical CAGR and Future Forecast
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Analysis of the packaging machinery market in key regions
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Major production/consumption bases in major regions
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Major production/supply bases and consumption/demand bases in each region
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Historical and future market growth rates by major countries for the total packaging machinery market and segments
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Overview of hot emerging competitors in each major region
Major companies mentioned in the report
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Krones AG
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Robert Bosch
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Coesia
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IMA Industria Machine Automatic Spa
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Langley Holdings Plc
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KHS Group
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CKD Co., Ltd.
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Barry Wemiller Companies
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Adelphi Group of Companies
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Fuji Machine Co., Ltd.
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tetra laval
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Marchesini Group
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etna group
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BERHALTER AG
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Syntegon Technology GmbH
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PAC Machinery
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multi bag
For more information on this report, please visit https://www.researchandmarkets.com/r/iiaa9q.
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