Food Packaging Equipment Market by Type (Form-fill-seal Equipment, Cartoning Equipment, Filling & Dosing Equipment, Wrapping & Bundling Equipment, Case Packing Equipment), Application, and Geography — Global Forecasts to 2029

Global Food Packaging Equipment Market by Type (Form-fill-seal Equipment, Cartoning Equipment, Filling & Dosing Equipment, Wrapping & Bundling Equipment, Case Packing Equipment), Application, and Geography — Global Forecasts to 2029

The research report titled Global Food Packaging Equipment Market by Type (Form-fill-seal Equipment, Cartoning Equipment, Filling & Dosing Equipment, Wrapping & Bundling Equipment, Case Packing Equipment), Application, and Geography — Global Forecasts to 2029 provides an in-depth analysis of the global food packaging equipment market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2029.

The Global Food Packaging Equipment Market is expected to reach a value of $25.37 billion by 2029, at a CAGR of 6.0% during the forecast period 2022–2029. By volume, this market is expected to grow at a CAGR of 8.0% from 2022 to reach 12,131.3 thousand units by 2029.

The growth of this market is mainly attributed to factors, such as the increasing integration of automated technologies and flexibility of machinery, the increasing demand for hygienic food packaging, and food manufacturers' growing inclination towards using efficient food packaging products. The growth of the packaged food industry in emerging economies and the growing usage of packaging as a product differentiation tool provide growth opportunities for market players.

The study offers a comprehensive analysis of the global food packaging equipment market concerning type (form-fill-seal equipment [horizontal form-fill-seal equipment {pouch packaging, other packaging forms}, and vertical form-fill-seal equipment {pouch packaging, other packaging form}], cartoning equipment, filling & dosing equipment, wrapping & bundling equipment, case packing equipment, labeling & coding equipment, inspecting, detecting, and check weighing machines, and other equipment), by application (dairy, bakery, chocolate & confectionery, fruits & vegetables, meat, poultry & seafood, snack food [chips, extruder & puffed snacks, nuts & seeds, others], and others), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the market at the country level.

Based on type, the global food packaging equipment market is segmented into form-fill-seal equipment, cartoning equipment, filling & dosing equipment, wrapping & bundling equipment, case packing equipment, labeling & coding equipment, inspecting, detecting, and checking weighing machines, and other equipment. In 2022, the form-fill-seal equipment segment is expected to account for the largest share of the global food packaging equipment market. The large share of this segment is attributed to the greater speed and versatility provided by FFS systems for food packaging companies. FFS systems use flexible film to form the primary package, such as a bag or pouch. These systems streamline the packaging process by reducing production time and increasing versatile manufacturing.

Based on form-fill-seal equipment type, the global food packaging equipment market is mainly segmented into vertical form-fill-seal equipment and horizontal form-fill-seal equipment. In 2022, the vertical form-fill-seal equipment segment is expected to account for the larger share of the global form-fill-seal equipment market. The large share of this segment is attributed to its flexibility to contain an automated assembly-line product packaging system. Vertical form-fill-seal machines are best suited for restrained floorspace and frequent packaging changeovers.

Based on application, the global food packaging equipment market is segmented into dairy, bakery, chocolate & confectionery, fruits & vegetables, meat, poultry, and seafood, snack food, and others. The meat, poultry, and seafood segment is expected to account for the largest market share in 2022. The high growth of this segment is attributed to the rising consumption of processed and frozen meat and seafood. Moreover, the consumption of processed meat products has increased worldwide due to advancements in cold-chain logistics and efficient packaging solutions.

Based on geography, the market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, Asia-Pacific is expected to account for the largest share of the global food packaging equipment market. The high market growth in Asia-Pacific is attributed to the growing application of packaged foods and the high concentration of locally available packaging equipment manufacturers. In addition, the Asia-Pacific region is one of the largest food commodity exporters globally, which further increases the demand for food packaging equipment in the region.

The key players profiled in the food packaging equipment market are Syntegon Technology GmbH (Germany), Coesia S.P.A (Italy), GEA Group Aktiengesellschaft (Germany), MULTIVAC Group (Germany), IMA Group (U.S.), Krones AG (Germany), Tetra Laval Group (Switzerland), OPTIMA Packaging Group GmbH (Germany), ARPAC LLC (U.S.), Ishida Co. Ltd (Japan), Omori Machinery Co. Ltd. (Japan), and TNA Solutions Pty Ltd. (Australia).

Key Questions Answered in the Report-

Which are the high-growth market segments in terms of type, application, and geography?
What is the historical market size for the global food packaging equipment market?
What are the market forecasts and estimates for the period 2022–2029?
What are the major drivers, restraints, opportunities, and challenges in the global food packaging equipment market?
Who are the major players in the market, and what shares of the market do they hold?
How is the competitive landscape for the global food packaging equipment market?
What are the recent developments in the global food packaging equipment market?
What are the different strategies adopted by the major players in the market?
What are the key geographic trends, and which are the high-growth countries?
Who are the local emerging players in the global food packaging equipment market, and how do they compete with the other players?

Scope of the Report

Global Food Packaging Equipment Market, by Type

Form-fill-seal Equipment
Horizontal Form-fill-seal Equipment
Pouch Packaging
Other Packaging Form
Vertical Form-fill-seal Equipment
Pouch Packaging
Other Packaging Form
Cartoning Equipment
Filling & Dosing Equipment
Wrapping & Bundling Equipment
Case Packing Equipment
Labeling & Coding Equipment
Inspecting, Detecting, and Check Weighing Machines
Other Equipment

Global Food Packaging Equipment Market, by Application

Dairy
Bakery
Chocolate & Confectionery
Fruits & Vegetables
Meat, Poultry, and Seafood
Snack Food
Chips
Extruder & Puffed Snacks
Nuts & Seeds
Others
Others

Global Food Packaging Equipment Market, by Geography

Asia-Pacific (APAC)
China
Japan
Australia
India
Rest of Asia-Pacific
Europe
Germany
U.K.
France
Italy
Spain
Netherlands
Rest of Europe (RoE)
North America
U.S.
Canada
Latin America
Brazil
Mexico
Argentina
Rest of LATAM
Middle East & Africa