Global Packaging Machinery Market Outlook, 2027

Global Packaging Machinery Market Outlook, 2027

Packaging is fundamental for the attainability of safe and nutritious food as it diminish the potential for food to become contaminated between processing and reaching the consumer. There are various types of packaging machinery are used in industry to package a food. Packaging machinery is used throughout all packaging activities, including primary packages to distribution packs. This includes many packaging processes like filling, labeling, form-fill and sealing, wrapping and palletizing. Packaging reduces spoilage and food waste by extending the shelf life of seasonal produce before the consumer can safely eat it.

The packaging division provides the materials, tools, services, and full-fledged solutions that are used for numerous consumer and industrial products globally. According to the report title, “Global Packaging Machinery Market Outlook, 2027”, publish by Bonafide research, the packaging machinery market is anticipated to grow at a CAGR of 4.9% in value terms in the forecast period. Packaging machinery unwinds materials from its roll, forms it into the shape of a container, fills it with product, and seals the container. According to the report, based on machine type, market is classified into filling, labeling, form-fill-seal, cartoning, palletizing, wrapping, bottling line and others which includes inspection machines, etc. The form-fill-seal machine type is leading the market with value market share of more than 42%. Follow by the filling machine.

The foretell for the packaging machinery market continues to be robust. Packaging machinery market anticipates growth in major market segments such as pharmaceuticals, as well as food and beverage. Factors such as growth in population, growing stipulation for automation and machinery optimization, as well as a rise in e-commerce are fueling these developments. According to the report, based on by end-use, market is segregated into beverages, food, chemicals, personal care, pharmaceuticals and others segments. The food segment is leading the market with more than 33% of value market share. Follow by the beverages segment.

According to the report, based on region, the packaging machinery market is segregated into five major regions i.e. North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. The Asia-pacific region is dominating the market with more than 40% value market share. Follow by Europe region. By country, china is leading the packaging machinery market with more than 13% market share. There are many prominent companies in the packaging machinery market which are leading the market. The companies are KHS Group, Tetra Laval International S.A., Krones AG, Coesia S.P.A. and Syntegon Technology GmbH.

Up and down the production line, one of the most pervasive and persistent trends in the packaging machinery industry is sustainability. The COVID 19 pandemic has affected the growth of the packaging machinery industry owing to the lockdown measure in the countries and delay in production and manufacturing of packaging machinery which are widely used in various industries of packaging.

Major Companies present in the market:
KHS Group, Tetra Laval International S.A., Krones AG, Coesia S.P.A., Syntegon Technology GmbH, Herma GmbH, GEA Group Aktiengesellschaft, SIG Combibloc Group Limited, CKD Corporation, Fuji Machinery Co., Limited, The Adelphi Group of Companies, ProMach, Inc., Marchesini Group S.p.A., Viking Masek Global Packaging Technologies, Sacmi Group, Bradman Lake Limited, Omori Machinery Co. Limited, I.M.A. Industria Macchine Automatiche S.P.A, Premier Tech Chronos Limited, Sidel S.A., Aetnagroup Spa, Berhalter AG

Considered in this report
Geography: Global
Base year: 2021
Estimated year: 2022
Forecast year: 2027
Aspects covered in this report
Global packaging machinery market with its value and forecast along with its segments
Region-wise packaging machinery market analysis
Various drivers and challenges
On-going trends and developments
Top profiled companies
Strategic recommendation
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Regions covered in the report
North America
Europe
Asia-Pacific
Latin America
Middle-East & Africa

Types of machine in the report:
Filling Machine
Labeling Machine
Form-Fill-Seal Machine
Cartoning Machine
Palletizing Machine
Wrapping Machine
Bottling Line Machine
Others

By End-Use in the report:
Beverages
Food
Chemicals
Personal Care
Pharmaceuticals
Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to packaging machinery industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

This report would help you answer the following questions:
1. At what rate the global packaging machinery market will grow in forecast period?
2. What are the different types of packaging machine?
3. Which machine type is leading the market?
4. Which end-use type is leading the market?
5. What is the impact of COVID-19 on the global packaging machinery market?