The latest report of the IMARC group, entitled ‘Packaging Machinery Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026“, Estimates that the global packaging machinery market reached a value of US $ 49.2 billion in 2020. In the future, IMARC Group expects the global packaging machinery market to show moderate growth over the next five years (2021-2026).
Packaging machines refer to the devices used to package a wide range of products and components. These devices play an important role in facilitating the packaging of products in containers of different sizes, from small sachet to large carton, providing temperature resistance, ensuring product safety, etc. Different types of packaging machines are used for sorting, counting, and accumulating multiple items. Nowadays, advanced packaging machines perform many functions including manufacturing, sealing, filling, cleaning, labeling, combining, palletizing, overwrapping, etc.
We regularly monitor the direct effect of COVID-19[female[feminine on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
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Global Packaging Machinery Market Trends:
The increasing use of the products in various industries to extend the shelf life of contents and protect them from external elements, such as biological contamination, physical damage, degradation, counterfeiting, etc., is mainly driving the machinery market. packing. In addition, these devices are also used to improve the appearance of fast-growing consumer goods (FMCG), such as over-the-counter pharmaceuticals, processed foods and beverages, cosmetics, etc. which also increases the market growth. In addition to this, the shift in consumer preferences towards flexible, easy to transport and lightweight packaging is further catalyzing product demand. In addition, the changing lifestyles and busy schedules of individuals also act as growth factors by increasing the need for practical packaging solutions. In addition to this, several large packaging machine companies are embarking on merger and acquisition activities to expand and improve the efficiency of their existing production facilities. This, in turn, is expected to fuel the packaging machinery market during the forecast period.
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Key market segmentation:
The competitive landscape of the market has been studied in the report along with the detailed profiles of the major players operating in the market.
Some of these key players include:
- Bsarry-Wehmiller companies
- GEA Group
- Illinois Tool Works
- Robert Bosch GmbH
- Adelphi packaging machines
- Aetna Group
- B&H labeling systems
- B&H labeling systems
- Bosch packaging machines
- Bradman Lake Group
- CKD Group
- Coesia SpA
- Fuji Machinery Company
- Harland Machine Systems Ltd.
Breakdown by end use:
- Pharmaceuticals and personal care
- Chemical products
Breakdown by type of machine:
- Filling machines
- FFS machines (form, fill and seal)
- Packaging machines
- Cleaning and sterilization machines
Breakdown by technology:
- General packing
- Modified atmosphere packaging
- Vacuum pack
Breakdown by region:
- North America (United States, Canada)
- Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)
Highlights of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Impact of COVID-19 on the market
- Porter’s Five Forces Analysis
- Historical, current and future market trends
- Market drivers and success factors
- SWOT analysis
- Market structure
- Value chain analysis
- Complete mapping of the competitive landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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