Packaging Machinery Market 2022-2027 | Worth US$65.6 billion |

Packaging Machinery Market Report 2022-2027

Packaging Machinery Market Overview:

IMARC Group’s latest report, titled “Packaging Machinery Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which includes insights in the global packaging machinery market. The report also includes competitor and regional analysis, as well as contemporary advancements in the global market.

The global packaging machinery market reached a value of US$50.4 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$65.6 billion by 2027, with a CAGR of 4.4% in 2022-2027. Packaging machines represent the devices used to package multiple products and components. This includes process operations, such as manufacturing, filling, combining, labeling, sealing, cleaning, palletizing, etc. Packaging machines ensure the safety of packaged goods by protecting them against biological contamination. Additionally, it helps in product differentiation and improves the overall appearance of products while extending their shelf life. Therefore, packaging machines find wide applications in many industries, such as pharmaceutical, personal care, chemical, etc.

We regularly monitor the direct effect of COVID-19 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 products to improve the appearance of Fast Moving Consumer Goods (FMCG), such as over-the-counter pharmaceuticals, cosmetics, processed foods and beverages, etc., is mainly driving the market for cutting machines. ‘packaging. Additionally, the growing need to automate various processes including bagging, packaging, bottling, sealing, unpacking, sealing, inspecting, packaging, labeling, encoding, palletizing, etc. further catalyzes the growth of the market. Also, increasing adoption of energy efficient packaging machinery acts as another significant growth driver. Additionally, the growing demand for convenient packaging solutions to protect products from physical damage, biological contamination, degradation and counterfeiting in an effective manner is also positively influencing the global market. Apart from this, many leading manufacturers are engaging in merger and acquisition (M&A) activities to improve the efficiency of their existing production facilities, which is expected to fuel the packaging machinery market during the period of forecast.

Explore the full report with table of contents and list of figures:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.

Some of these key players include:

• Companies of Bsarry-Wehmiller
• GEA Group
• Illinois Tool Factory
• Crowns
• 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.

Key Market Segmentation:

Breakdown by end use:

• Food
• Beverages
• Pharmaceuticals and personal care
• Chemical products
• Others

Breakdown by type of machine:

• Filling machines
• FFS machines (form, fill and seal)
• Cartoners
• Palletizing machines
• Labellers
• Packaging machinery
• Cleaning and sterilization machines
• Others

Breakdown by technology:

• General packaging
• 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)

Main highlights of the report:

• Market performance (2016-2021)
• Market Outlook (2022-2027)
• 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

Table of contents of the report:

• Preface
• Scope and methodology
• Summary
• Introduction
• Global market
• SWOT analysis
• Value chain analysis
• Price analysis
• Competitive landscape

Note: If you need specific information that is not currently covered by the report, we can provide it to you as part of the customization.

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This press release was published on openPR.

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