Packaging Machinery Market Overview:
The latest report by IMARC Group, titled “Packaging Machinery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global packaging machinery market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global packaging machinery market reached a value of US$ 50.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 65.6 Billion by 2027, exhibiting at a CAGR of 4.4% during 2022-2027. Packaging machinery represents the devices that are used for packing several products and components.
It includes process operations, such as fabrication, filling, combining, labeling, sealing, cleaning, palletizing, etc. Packaging machinery ensures the safety of packaged goods by protecting them against biological contamination. Furthermore, it aids in product differentiation and enhances the overall appearance of the products while extending their shelf life. Consequently, packaging machinery finds wide-ranging applications across numerous sectors, such as pharmaceutical, personal care, chemical, etc.
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Global Packaging Machinery Market Trends:
The increasing product utilization for enhancing the appearance of fast-moving consumer goods (FMCG), such as over-the-counter pharmaceuticals, cosmetics, processed foods and beverages, etc., is primarily driving the packaging machinery market. Additionally, the inflating need for automating various processes, including bagging, packing, bottling, sealing, unpacking, lidding, inspecting, wrapping, labeling, encoding, palletizing, etc., is further catalyzing the market growth. Besides this, the rising adoption of energy-efficient packaging machinery is acting as another significant growth-inducing factor.
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Important Note: If the link is not clickable please open it in a new tab, you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Bsarry-Wehmiller Companies
- GEA Group
- Illinois Tool Works
- Krones
- Robert Bosch GmbH
- Adelphi Packaging Machinery
- Aetna Group
- B&H Labelling Systems
- B&H Labelling Systems
- Bosch Packaging Machinery
- Bradman Lake Group
- CKD Group
- Coesia SpA
- Fuji Machinery Company
- Harland Machine Systems Ltd.
Key Market Segmentation Breakup by:
We at IMARC Group provide an analysis of the key trends in each sub-segment of the global packaging machinery market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on machine type, technology and end-use.
End-Use:
- Food
- Beverages
- Pharmaceutical and Personal Care
- Chemicals
- Others
Machine Type:
- Filling Machines
- FFS (Form, Fill and Seal) Machines
- Cartoning Machines
- Palletizing Machines
- Labeling Machines
- Wrapping Machines
- Cleaning & Sterilizing Machines
- Others
Technology:
- General Packaging
- Modified Atmosphere Packaging
- Vacuum Packaging
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, Other)
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Also Read: Office Furniture Market Research Report 2022-2027: https://techycons.com/office-furniture-market-overview-share-size-report-2022-27/
