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Food Packaging Machinery Market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The food packaging machinery market is poised to grow by $ 4.05 bn during 2020-2024 progressing at a CAGR of 4% during the forecast period. The report on the food packaging machinery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increased demand for food packaging, rising demand for labeling and coding, and increasing focus on consumer convenience. In addition, Increased demand for food packaging is anticipated to boost the growth of the market as well.
The food packaging machinery market analysis includes type segment and geographic landscapes.
The food packaging machinery market is segmented as below:
By Type
- FFS
- Labeling and coding
- Wrapping and bundling
- Others
By Geographic Landscapes
- APAC
- Europe
- North America
- South America
- MEA
This study identifies the increased demand for smart packaging as one of the prime reasons driving the food packaging machinery market growth during the next few years. Also, technological advances in food packaging machinery, and adoption of thin packaging materials will lead to sizable demand in the market.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The food packaging machinery market covers the following areas:
- Food packaging machinery market sizing
- Food packaging machinery market forecast
- Food packaging machinery market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading food packaging machinery market vendors that include Coesia Spa, GEA Group Aktiengesellschaft, Graphic Packaging Holding Co., Illinois Tool Works Inc., Ishida Co. Ltd., John Bean Technologies Corp., KRONES AG, MULTIVAC Sepp Haggenmuller SE & Co. KG, Syntegon Technology GmbH, and Tetra Laval International SA. Also, the food packaging machinery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
This market research report provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The research recognizes the following companies as the key players in the global food packaging machinery market: Coesia Spa, GEA Group Aktiengesellschaft, Graphic Packaging Holding Co., Illinois Tool Works Inc., Ishida Co. Ltd., John Bean Technologies Corp., KRONES AG, MULTIVAC Sepp Haggenmuller SE & Co. KG, Syntegon Technology GmbH, and Tetra Laval International SA.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is the increased demand for smart packaging."
According to the report, one of the major drivers for this market is the increased demand for food packaging.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Coesia Spa
- GEA Group Aktiengesellschaft
- Graphic Packaging Holding Co.
- Illinois Tool Works Inc.
- Ishida Co. Ltd.
- John Bean Technologies Corp.
- KRONES AG
- MULTIVAC Sepp Haggenmuller SE & Co. KG
- Syntegon Technology GmbH
- Tetra Laval International SA
