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    Packaging Machinery Market Report

    Packaging Machinery Market Report
    Report code - SR2720 Delivery - 2 Weeks
    Packaging Machinery Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth See more...

    Market Insights

    People can be sent across different textures and zones, after which they can be sent to Packaging machinery is equipment that is designed to automate the process of packing products into containers or packages, ensuring efficiency, speed, accuracy, and consistency in the packaging process. The main objectives of packaging machinery are to protect the product from damage or contamination during transit and storage, extend the shelf life of products, enhance their visual appeal, and provide necessary information through labels and markings. Additionally, packaging machinery plays a crucial role in optimizing supply chain operations, reducing labor costs, and minimizing packaging waste.

    The packaging machinery market has witnessed increased adoption owing to factors such as the rise in applications of packaging machinery in a wide range of industries across food & beverages, healthcare, cosmetics, and other consumer goods, as well as a range of industrial sectors where packaging has become essential, with an increase in usage broadly in line with the global economy. The COVID-19 outbreak affected the growth of the packaging machinery industry owing to the lockdown measures in the countries and delays in the manufacturing and production of packaging machinery, which is utilized in a wide range of industries for packaging. The high number of COVID-19 cases across the globe affected consumer shopping at retail shops and convenience stores. Also, disruption of the supply chain and lack of availability of the workforce negatively impacted industry growth. However, the industry recovered swiftly after key manufacturers implemented plans to standardize machines with advanced techniques to increase market sales.

    The industry registered a steep recovery from 2022 onward. The market for packaging machinery is likely to grow at a healthy 5.6% CAGR over the next five years to reach an estimated value of US$ 55.27 billion in 2028.

    Segments' Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Machine-Type Analysis

    Filling, Labeling, Form-Fill-Seal, Cartoning, Palletizing, and Wrapping

    The filling segment is anticipated to dominate the packaging machinery market.

    End-Use Industry- Type Analysis

    Food, Pharmaceutical, Beverages, Chemical

    The food segment is anticipated to dominate the packaging machinery market in the forecast period.

    Regional Analysis

    North America, Europe, Asia-Pacific, and The Rest of the World

    Asia-Pacific is expected to remain the largest and fastest-growing market over the next five years.

     

    Machine Type

    The packaging machinery market is segmented into filling, labeling, form-fill-seal, cartoning, palletizing, and wrapping. The filling segment is expected to remain the largest segment in the market during the forecast period owing to its wide usage across various industries, including food and beverages, pharmaceuticals, cosmetics, chemicals, and more. Almost every product that needs to be packaged requires some form of filling, whether it's liquid, powder, granules, or solids. The wide-ranging application of filling machines ensures steady demand across diverse sectors.

    End-Use Industry Type

    The market is segmented into food, pharmaceuticals, beverages, and chemicals. The food segment is expected to remain the dominant as well as the fastest-growing material type in the market during the forecast period. Consumers are increasingly seeking convenience, portability, and extended shelf life in food products. Packaging machinery plays a vital role in providing innovative and efficient packaging solutions that meet these changing consumer preferences.

    Regional Analysis

    Asia-Pacific is expected to remain the largest market for packaging machinery during the forecast period. Asia-Pacific is home to some of the world's most populous countries, including China and India. The region's growing population, coupled with rapid urbanization, helps drive increased consumption of packaged goods, leading to higher demand for packaging machinery.

    The packaging machinery market is segmented into the following categories:

    By Machine Type

    • Filling (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Labeling (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Form-Fill-Seal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Cartoning (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Palletizing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Wrapping (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By End-Use Industry Type

    • Food (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pharmaceutical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Beverages (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Chemical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By Region

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
    • Asia-Pacific (Country Analysis: Japan, China, India, and The Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Brazil, Argentina, and Others)

    Key Players

    The following are the key players in the automotive profile seals market:

    • Barry-Wehmiller
    • Coesia S.p.A
    • Douglas Machine, Inc.
    • Duravant
    • GEA Group Aktiengesellschaft
    • KHS Group
    • Langley Holdings
    • Maillis Group
    • Marchesini Group
    • Sacmi
    • SIG Combibloc Group Ltd.
    • Syntegon Technology GmbH
    • Tetra Laval Group

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s packaging machinery market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.

    The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
    • COVID-19 impact and its recovery curve
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for existing and new players
    • Key success factors

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions (FAQ)

    The packaging machinery market is estimated to grow at a CAGR of 5.6% by 2028, driven by increasing demand for packaged goods. The rising global population, urbanization, and changing consumer preferences have led to an increased demand for packaged goods. Packaging machinery plays a crucial role in meeting this growing demand by providing efficient and automated solutions for packaging various products.

    Barry-Wehmiller, Coesia S.p.A, Douglas Machine Inc., Duravant, GEA Group Aktiengesellschaft, KHS Group, Langley Holdings, Maillis Group, Marchesini Group, Sacmi, SIG Combibloc Group Ltd., Syntegon Technology GmbH, and Tetra Laval Group are the leading players in the packaging machinery market.

    Asia Pacific is estimated to remain dominant in the packaging machinery market in the foreseeable future. The key economies driving the region’s demand for automotive seals are China, India, and Japan. Rapid urbanization in many Asia-Pacific countries has led to changes in consumer lifestyles, with an increasing number of people opting for convenience foods and packaged products. Packaging machinery plays a crucial role in meeting this rising demand for convenience and on-the-go products.

    Asia-Pacific is estimated to remain the fastest-growing market for packaging machinery market in the foreseeable future. The Asia-Pacific region has been witnessing robust growth in its industrial sector, which includes industries like food and beverages, pharmaceuticals, consumer goods, electronics, and more. As these industries continue to expand to meet the demands of the growing population and urbanization, the need for packaging machinery increases.

    The filling segment is anticipated to dominate the packaging machinery market as with diverse product types, the packaging machinery market caters to a wide range of product types, including liquids, powders, granules, and solids. Filling machines come in various types, such as liquid filling machines, powder filling machines, auger fillers, piston fillers, and more, providing versatility and flexibility to handle different product consistencies.