PUBLISHER: The Freedonia Group | PRODUCT CODE: 1769555
PUBLISHER: The Freedonia Group | PRODUCT CODE: 1769555
Through 2029, global demand for packaging machinery is forecast to advance 6% per annum to $87 billion, supported by rising personal incomes, increasing consumer spending, and evolving consumer preferences. Rising durable and nondurable goods production, and the construction of new factories will also provide impetus for growth, along with the adoption of new regulations, the worsening workforce challenges, growing concerns about sustainability, and intensifying competition. The North American, European, and Asian markets have massive replacement needs and will see surging demand for advanced packaging technologies.
This report covers the global packaging equipment market by product, market, and region. Demand is presented in US dollars.
Sales by product are presented for:
Filling Machinery
Case Forming, Packing, & Sealing Machinery
Labeling & Coding Machinery
Wrapping, Bundling, & Palletizing Machinery
Other Machinery
Parts
Sales by market are presented for:
Food
Beverages
Pharmaceuticals & Personal Care Products
Chemicals
Other Markets
Sales are presented for 17 countries in the following regions:
North America
Central and South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast
This Freedonia report analyzes the scope, size, and growth of the global food processing machinery market, and presents data on production and market segmentation. Historical data are provided for 2014, 2019, and 2024 with forecast for 2029 and 2034. Data are provided in US dollars. Also included is an analysis of the key industry players and their respective market shares. This Freedonia study offers regional market share figures for the top suppliers as well.