FEATURED COMPANIES
- Aetna Group S.p.A.
- CKD Corporation
- Coesia S.p.A.
- Duravant LLC
- Fuji Machinery Co. Ltd.
- Langley Holdings plc
Factors such as development of innovative and energy efficient packaging machinery and increase in usage of automation in the packaging industry drives the packaging machinery market growth. However, Eurozone economic uncertainty is expected to hamper the packaging machinery market growth. Furthermore, the growth in e-commerce and retail industry offers lucrative growth opportunities for the market players.
The global packaging machinery market is segmented on the basis of type, end user, and region. By type, the packaging machinery market is segmented into filling machines, form, fill and seal (FFS) machines, cartoning machines, palletizing machines, labeling machines, wrapping machines, and cleaning & sterilizing machines. Filling machines have a wide range of applications such as filling fuels, bottles filling, powder filling, and others. This equipment is extensively used in cosmetics, pharmaceuticals, and food & beverage industries. By business, the global packaging machinery market is categorized into OEM, and aftermarket. By end-user industries, the market is categorized into food & beverage, pharmaceuticals, chemicals, cosmetics, and others. Different types of packaging machinery are used in the food & beverage industry for various applications. Rinsing machines and bottle washers are commonly used packaging machines in the food & beverage industry. The rise in demand for processed and packaged food and beverages increases the demand for processing and packaging machinery for the industry.
Geographically, the packaging machinery market has been analyzed across North America (U.S., Canada, and Mexico), Europe (Russia, Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
COMPETITION ANALYSIS
The major participants profiled in packaging machinery market report include Aetna Group S.p.A., B&H Manufacturing Company, Inc., Barry-Wehmiller Companies, Inc., CKD Corporation, Coesia S.p.A., Duravant LLC, Fuji Machinery Co., Ltd., Langley Holdings, PLC, Robert Bosch GmbH, and The Adelphi Group of Companies.KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging packaging machinery market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2030.
- Extensive analysis of the packaging machinery market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The global packaging machinery market forecast analysis from 2021 to 2030 is included in the report.
- The key market players within packaging machinery market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the packaging machinery industry.
GLOBAL PACKAGING MACHINERY MARKET SEGMENTS
BY TYPE
- Filling Machines
- FFS (Form, Fill and Seal) Machines
- Cartoning Machines
- Palletizing Machines
- Labelling Machines
- Wrapping Machines
- Cleaning & Sterilizing Machines
BY BUSINESS
- OEM
- Aftermarket
BY END-USER
- Food and Beverages
- Pharmaceuticals
- Chemical
- Cosmetics
- Others
BY REGION
- North America
- U.S.
- Canada
- Mexico
- Europe
- Russia
- Germany
- UK
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY PLAYERS
- Aetna Group S.p.A.
- B&H Manufacturing Company, Inc.
- Barry-Wehmiller Companies, Inc.
- CKD Corporation
- Coesia S.p.A.
- Duravant LLC
- Fuji Machinery Co., Ltd.
- Langley Holdings, PLC
- Robert Bosch GmbH
- The Adelphi Group of Companies
What is the estimated value of the Global Packaging Machinery Market?
What is the growth rate of the Global Packaging Machinery Market?
What is the forecasted size of the Global Packaging Machinery Market?
Who are the key companies in the Global Packaging Machinery Market?
FEATURED COMPANIES
- Aetna Group S.p.A.
- CKD Corporation
- Coesia S.p.A.
- Duravant LLC
- Fuji Machinery Co. Ltd.
- Langley Holdings plc
FEATURED COMPANIES
- Aetna Group S.p.A.
- CKD Corporation
- Coesia S.p.A.
- Duravant LLC
- Fuji Machinery Co. Ltd.
- Langley Holdings plc
According to this report titled, 'Packaging Machinery Market by Type, and End-User: Global Opportunity Analysis and Industry Forecast, 2020-2027,' the global packaging machinery market size was valued at $47.9 billion in 2019, and is projected to reach $70.5billion by 2027, registering a CAGR of 5.1% from 2020 to 2027. The development of packaging technology has witnessed significant growth over the last decade. Packaging has become one of the essential processes before offering the final product to consumers. The primary applications of packaging machinery are in a wide range of industries across food and drink, healthcare, cosmetics, and other consumer goods as well as a range of industrial sectors where packaging has become essential, with its usage increasing broadly in line with the global economy.
Packaging machines play a vital role in ensuring product safety throughout the supply chain. The increasing demand for packaging robots from several end-user industries such as food & beverages, pharmaceuticals, and chemicals. Such factors drive the packaging machinery market.
Moreover, the demand for packaging machinery is driven by the increasing consumer goods demand, increasing adoption of automated packaging machines, and the development of energy efficient machines. Modern automated packaging machines are used in different stages of packaging and ensure that the stages are completed in minutes rather than hours compared to the older versions.
Filling machines are the most dominant machine type of the overall packaging machinery market in 2019. Filling machines are highly used in the food & beverage industry either to fill a bottle or a pouch depending on the product. Filling machines increase precision in filling containers according to net weight and size.
Filling machines used in end-user industries vary upon the specific needs of the industry as there is no single type of filling machine available to fill different types of liquid, solid, or powder. Cleaning & sterilizing machine is expected to be the fastest-growing machine type segment, growing at a CAGR of 7.3% by 2027. Cleaning machines are used to clean contaminants from bottles prior to the introduction of the product. These machines have wide applications in the food, beverages and pharmaceutical industries.
Based on end-user industries, the food & beverage segment dominated the packaging machinery market in 2019 owing to the growth in the food & beverage industry over the forecast period. This growth is attributed to the increase in demand from emerging countries due to the rise in consumer income and improvement in living st standards. The fastest growing end user for the packaging machinery market is the cosmetics industry segment, which is expected to grow at a CAGR of 6.5% by 2027. Packaging machinery manufacturers offer a wide range of automated solutions for the cosmetics industry, which offers the best packaging solutions for a wide range of products. These packaging free solutions offer eco-friendly and contaminant free packaging. Filling machines used in the cosmetics industry offer a wide range of high quality packaging formats for different products like pouches, strips, tubes, and sachets.
Asia-Pacific was the most dominant geographical market for the packaging machinery market in 2019. The dominance of the Asia-Pacific region is due to the presence of a large number of food & beverage and personal care product manufacturers in the region. High economic growth rate and high demand in emerging markets of China and India are the major drivers for the packaging machinery market in Asia-Pacific. North America and Europe are among the more mature markets for packaging machinery. Major end user industries such as food & beverage and personal care have reached their peak levels, which restrain the market growth in these regions. key players in the packaging machinery market include Aetna Group S.p.A., B&H Manufacturing Company, Inc., Barry-Wehmiller Companies, Inc., CKD Corporation, Coesia S.p.A., Duravant LLC, Fuji Machinery Co., Ltd., Langley Holdings, PLC, Robert Bosch GmbH, and The Adelphi Group of Companies.
According to Amar Chinchane, Lead Analyst, Construction and Manufacturing, “The packaging machinery market has witnessed significant growth over the past decade, owing to the rise in investment in various end-user industries such as pharmaceuticals, healthcare, chemicals, and others. A number of players are expanding their business around the globe, owing to increased customer base, enhanced effective operations, developed product portfolios, and expanded geographical reach. This is anticipated to fuel the demand for the packaging machinery .”
The key players profiled in the packaging machinery market report include Aetna Group S.p.A., B&H Manufacturing Company, Inc., Barry-Wehmiller Companies, Inc., CKD Corporation, Coesia S.p.A., Duravant LLC, Fuji Machinery Co., Ltd., Langley Holdings, PLC, Robert Bosch GmbH, and The Adelphi Group of Companies.
KEY FINDINGS OF THE STUDY
- The report provides an extensive analysis of the current and emerging packaging machinery market trends and dynamics.
- Depending on end-user, the food and beverages segment dominated the packaging machinery market, in terms of revenue in 2019, and cosmetics is projected to grow at a CAGR 6.5%during the forecast period.
- By type, the filling machines segment led the packaging machinery market in 2019.
- LAMEA is projected to register the highest growth rate in the coming years.
- The key players within the packaging machinery market are profiled in this report, and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the packaging machinery industry.
- The report provides an extensive analysis of the packaging machinery market trends and emerging opportunities of the market.
- In-depth packaging machinery market analysis is conducted by constructing estimations for the key segments between 2020 and 2027.
- The global packaging machinery market forecast analysis from 2020 to 2027 is included in the report.
- Aetna Group S.p.A.
- B&H Manufacturing Company Inc.
- Barry-Wehmiller Companies Inc.
- CKD Corporation
- Coesia S.p.A.
- Duravant LLC
- Fuji Machinery Co. Ltd.
- Langley Holdings plc
- Robert Bosch GmbH
- The Adelphi Group of Companies.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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