Global Wicketed Bagging Machines Market Size study, By Automation Type (Automatic, Semi-Automatic), By Machine Type (Vertical Wicketed Bagging Machines, Horizontal Wicketed Bagging Machines), By Machine Speed (Upto 500 Bags/Hr., 501 – 1000 Bags/Hr., 1001-1500 Bags/Hr., 1501-2000 Bags/Hr., More Than 2000 Bags/Hr.), By End Use (Food, Bakery & Confectionery, Animal Feed/Pet Food, Grains and seeds, Spices & Condiments, Dairy Products, Meat, Poultry & Seafood, Pharmaceutical, Personal Care & Cosmetics, Others (Chemical, Homecare), and Regional Forecasts 2022-2028
Global Wicketed Bagging Machines Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Wicketed Bagging Machines also known as automatic packaging machines are industrial equipment’s utilized for automatically open, fill and seal pre-made wicketed bags. Due to their efficient packaging capabilities these machines are widely used across different industries such as Bakery & Confectionery, pharmaceuticals, personal care & cosmetics, among others. The growing Bakery & confectionery industry and increasing utilization of flexible packaging solutions across different industries and recent strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Statista – as of 2022, global revenue in Confectionery & Snacks segment amounts to USD 1530 billion, and the revenue is projected to grow at CAGR of 2.46% between 2022 & 2027 to reach to USD billion by end of 2027. Furthermore, leading market players are stressing towards capacity expiation to leverage the growing demand for wicketed bagging machines. For instance, in July 2021, Canada based WeighPack Systems opened a new facility dedicated to the design of new packaging solutions near the company’s main headquarters in Montreal, Quebec. This New Product Unit (NPU) would work towards new packaging machines. Also, growing spending towards industrial automation and surging trend of industrialization in emerging markets are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, rising concern over use of plastic packaging and high installation & maintenance cost impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Wicketed Bagging Machines Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing trend of automating processes across different industries and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of food processing units and increasing industrial automation in the region, would create lucrative growth prospects for the global Wicketed Bagging Machines Market across the Asia Pacific region.
Major market players included in this report are:
Berry Global Group Inc.
Bischof + Klein
Mondi Plc
Supreme Plastics Group
PAC Worldwide Corporation
Sonoco Products Company.
LPS Industries Inc.
St. John Packaging
Uflex Ltd.
Coveris Holdings S.A.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Automation Type:
Automatic
Semi-Automatic
By Machine Type:
Vertical Wicketed Bagging Machines
Horizontal Wicketed Bagging Machines
By Machine Speed:
Upto 500 Bags/Hr.
501 – 1000 Bags/Hr.
1001-1500 Bags/Hr.
1501-2000 Bags/Hr.
More Than 2000 Bags/Hr.
By End Use:
Food
Bakery & Confectionery
Animal Feed/Pet Food
Grains and seeds
Spices & Condiments
Dairy Products
Meat, Poultry & Seafood
Pharmaceutical
Personal Care & Cosmetics
Others (Chemical, Homecare)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Wicketed Bagging Machines Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Berry Global Group Inc.
Bischof + Klein
Mondi Plc
Supreme Plastics Group
PAC Worldwide Corporation
Sonoco Products Company.
LPS Industries Inc.
St. John Packaging
Uflex Ltd.
Coveris Holdings S.A.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook