PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1284190
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1284190
Packaging Machinery Market Forecasts to 2028 - Global Analysis By Machine Type (Palletizing, Wrapping, Labeling and Other Machine Types), Technology (Modified Atmosphere Packaging, Vacuum Packaging and General Packaging), End User and By Geography
According to Stratistics MRC, the Global Packaging Machinery Market is accounted for $47.19 billion in 2022 and is expected to reach $65.44 billion by 2028 growing at a CAGR of 5.6% during the forecast period. Packaging machinery is a device used for packing various items and components. It is important in facilitating the packaging of small sachets to large cartons, as well as providing temper resistance and maintaining the safety of the items. Different types of packaging machines are used to sort, count, and accumulate various items. Packaging machines have become increasingly advanced as technology has improved, and now incorporate a variety of process processes such as fabrication, filling, sealing, cleaning, combining, labelling, palletizing, and wrapping.
According to the Centers for Disease Control and Prevention, foodborne diseases account for an estimated 76 million cases, 350,000 hospitalizations, and 5,000 deaths in the U.S. every year.
Market Dynamics:
Driver:
Demand for packaging in the logistics & transportation and supply-chain industry
Packaging is required by many logistics and transportation organisations to wrap and bundle their goods and commodities. As a result, continued growth in the logistics and transportation industry is likely to drive demand for packing machines, boosting market growth in the near future. It is related to the growing necessity for the safe transit of goods and products from one location to another. Furthermore, the E-commerce industry has grown tremendously in recent years, which is impacting the growth of the packaging machine market.
Restraint:
High production and import cost
Leading market companies are emphasising integrated packaging machines with wrapping, automated labelling, or palletizing machines, making it more efficient by lowering operating time. It does, however, raise the overall cost of production. Small and medium-sized businesses find it difficult to purchase these devices, which has a detrimental impact on the export company. Furthermore, developing countries such as India and Argentina face difficulties in importing machinery due to customs duties, hampered the global market.
Opportunity:
Lean packaging operation with the implementation of Overall Equipment Effectiveness (OEE) technique
The necessity for integrating packaging machines and upstream manufacturing processes has resulted in the development of industry automation techniques. By applying the OEE technique, lean packaging operations can regulate the packaging process. Because of increased demand for packaged foods, continuous manufacture of medications and treatments, and greater spending on branded products, lean packaging operations are becoming increasingly popular. This, in turn, boosts the production process.
Threat:
Maintaining sterility in fill-finish manufacturing operations
Aseptic fill-finish operations are riskier than non-sterile processes. To execute the procedure correctly, they require careful planning, trained employees, and specialised facilities and equipment. Sterility is critical since any failure can result in significant financial losses and life-threatening impacts on patients. Sterile lyophilizing necessitates the purchase of specialised equipment and facilities. When lyophilizing items, strict precautions must be taken to reduce the danger of contamination during the loading and unloading operations.
COVID-19 Impact:
The COVID-19 epidemic has had a detrimental impact on manufacturing enterprises all around the world; nevertheless, the packaging industry has had little exposure to the pandemic. Most packaging companies are completely operational with increased capacity, while others are still thinking to increase production. Key manufacturers, on the other hand, are putting plans in place to standardise machines using new processes in order to improve market sales. Furthermore, production processes in the majority of affected countries, including China, Northern Italy, Germany, and the United States, are fully operational. As a result, it is anticipated that the COVID-19 epidemic will aid in the growth of the global market.
The labeling segment is expected to be the largest during the forecast period
The labeling segment is estimated to have a lucrative growth. Labelling is one of the most important procedures in both primary and secondary packaging of items. The increasing requirement for labelling items with crucial and relevant information is becoming a major factor in the packaging sector. Labels are used to brand, adorn, or give buyers with useful information about a product or brand. The industry offers a wide variety of automatic labelling devices, from high-production equipment that enable total automation of the print-and-apply process to basic label dispensing. New labelling standards and regulations are projected to enhance demand for these equipment.
The general packaging segment is expected to have the highest CAGR during the forecast period
The general packaging segment is anticipated to witness the highest CAGR growth during the forecast period. General packaging packages and labels products in bulk and transforms them into finished products. General packaging machines use higher-than-usual sealing pressures and are used to package potable water, juices, industrial grease, soaps, lotions, stews, soups, freezing gels, and other items. General packaging machines form, fill, seal, wrap, clean, and package at various levels of automation. Packaging machines also include sorting, counting, and accumulating technology.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the huge investments in the manufacturing sector from the developing countries. India and China are investing in the manufacturing industry in order to attract domestic and international consumers. Rapid population expansion and increased consumer spending power are expected to drive demand for packaged goods, facilitating regional market growth. The establishment of manufacturing facilities by major regional players is projected to boost the e-commerce business, hence promoting the regional market.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period because of the well-established food and beverage industries in the United States and Canada. In US the presence of various multinational food processing and manufacturing companies results in an increased demand for packaging machinery. Furthermore, the packaging machinery sector is likely to be driven by the need for well-packaged food and increased awareness about the ingredients. One of the major aspects fuelling the region's growth is technological advancement in packaging machinery.
Key players in the market:
Some of the key players profiled in the Packaging Machinery Market include Marchesini Group Syntegon Technology GmbH, Coesia S.p.A, Langley Holdings, Maillis Group, SIG Combibloc Group Ltd., Tetra Laval Group, Barry-Wehmiller, Douglas Machine Inc., Fuji Machinery Co., Ltd., Robert Bosch GmbH, The Adelphi Group of Companies, CKD Corporation, B&H Manufacturing Company, Inc. and Aetna Group S.p.A.
Key Developments:
In August 2018, Robert Bosch GmbH launched a new automation solution for SMEs, which has a production capacity of up to 150 packages per minute. This machine is an entry-level Pack 102 horizontal flow wrapper using a Fanuc Scara robot.
Machine Types Covered:
- Palletizing
- Wrapping
- Labeling
- Form-Fill-Seal
- Cartoning
- Bottling Line
- Filling
- Other Machine Types
Technologies Covered:
- Modified Atmosphere Packaging
- Vacuum Packaging
- General Packaging
End Users Covered:
- Beverage
- Pharmaceutical
- Food
- Chemical
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Technology Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Packaging Machinery Market, By Machine Type
- 5.1 Introduction
- 5.2 Palletizing
- 5.3 Wrapping
- 5.4 Labeling
- 5.5 Form-Fill-Seal
- 5.6 Cartoning
- 5.7 Bottling Line
- 5.8 Filling
- 5.9 Other Machine Types
6 Global Packaging Machinery Market, By Technology
- 6.1 Introduction
- 6.2 Modified Atmosphere Packaging
- 6.3 Vacuum Packaging
- 6.4 General Packaging
7 Global Packaging Machinery Market, By End User
- 7.1 Introduction
- 7.2 Beverage
- 7.3 Pharmaceutical
- 7.4 Food
- 7.5 Chemical
- 7.6 Other End Users
8 Global Packaging Machinery Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Marchesini Group Syntegon Technology GmbH
- 10.2 Coesia S.p.A
- 10.3 Langley Holdings
- 10.4 Maillis Group
- 10.5 SIG Combibloc Group Ltd.
- 10.6 Tetra Laval Group
- 10.7 Barry-Wehmiller
- 10.8 Douglas Machine Inc.
- 10.9 Fuji Machinery Co., Ltd.
- 10.10 Robert Bosch GmbH
- 10.11 The Adelphi Group of Companies
- 10.12 CKD Corporation
- 10.13 B&H Manufacturing Company, Inc.
- 10.14 Aetna Group S.p.A.
List of Tables
- Table 1 Global Packaging Machinery Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Packaging Machinery Market Outlook, By Machine Type (2020-2028) ($MN)
- Table 3 Global Packaging Machinery Market Outlook, By Palletizing (2020-2028) ($MN)
- Table 4 Global Packaging Machinery Market Outlook, By Wrapping (2020-2028) ($MN)
- Table 5 Global Packaging Machinery Market Outlook, By Labeling (2020-2028) ($MN)
- Table 6 Global Packaging Machinery Market Outlook, By Form-Fill-Seal (2020-2028) ($MN)
- Table 7 Global Packaging Machinery Market Outlook, By Cartoning (2020-2028) ($MN)
- Table 8 Global Packaging Machinery Market Outlook, By Bottling Line (2020-2028) ($MN)
- Table 9 Global Packaging Machinery Market Outlook, By Filling (2020-2028) ($MN)
- Table 10 Global Packaging Machinery Market Outlook, By Other Machine Types (2020-2028) ($MN)
- Table 11 Global Packaging Machinery Market Outlook, By Technology (2020-2028) ($MN)
- Table 12 Global Packaging Machinery Market Outlook, By Modified Atmosphere Packaging (2020-2028) ($MN)
- Table 13 Global Packaging Machinery Market Outlook, By Vacuum Packaging (2020-2028) ($MN)
- Table 14 Global Packaging Machinery Market Outlook, By General Packaging (2020-2028) ($MN)
- Table 15 Global Packaging Machinery Market Outlook, By End User (2020-2028) ($MN)
- Table 16 Global Packaging Machinery Market Outlook, By Beverage (2020-2028) ($MN)
- Table 17 Global Packaging Machinery Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 18 Global Packaging Machinery Market Outlook, By Food (2020-2028) ($MN)
- Table 19 Global Packaging Machinery Market Outlook, By Chemical (2020-2028) ($MN)
- Table 20 Global Packaging Machinery Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 21 North America Packaging Machinery Market Outlook, By Country (2020-2028) ($MN)
- Table 22 North America Packaging Machinery Market Outlook, By Machine Type (2020-2028) ($MN)
- Table 23 North America Packaging Machinery Market Outlook, By Palletizing (2020-2028) ($MN)
- Table 24 North America Packaging Machinery Market Outlook, By Wrapping (2020-2028) ($MN)
- Table 25 North America Packaging Machinery Market Outlook, By Labeling (2020-2028) ($MN)
- Table 26 North America Packaging Machinery Market Outlook, By Form-Fill-Seal (2020-2028) ($MN)
- Table 27 North America Packaging Machinery Market Outlook, By Cartoning (2020-2028) ($MN)
- Table 28 North America Packaging Machinery Market Outlook, By Bottling Line (2020-2028) ($MN)
- Table 29 North America Packaging Machinery Market Outlook, By Filling (2020-2028) ($MN)
- Table 30 North America Packaging Machinery Market Outlook, By Other Machine Types (2020-2028) ($MN)
- Table 31 North America Packaging Machinery Market Outlook, By Technology (2020-2028) ($MN)
- Table 32 North America Packaging Machinery Market Outlook, By Modified Atmosphere Packaging (2020-2028) ($MN)
- Table 33 North America Packaging Machinery Market Outlook, By Vacuum Packaging (2020-2028) ($MN)
- Table 34 North America Packaging Machinery Market Outlook, By General Packaging (2020-2028) ($MN)
- Table 35 North America Packaging Machinery Market Outlook, By End User (2020-2028) ($MN)
- Table 36 North America Packaging Machinery Market Outlook, By Beverage (2020-2028) ($MN)
- Table 37 North America Packaging Machinery Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 38 North America Packaging Machinery Market Outlook, By Food (2020-2028) ($MN)
- Table 39 North America Packaging Machinery Market Outlook, By Chemical (2020-2028) ($MN)
- Table 40 North America Packaging Machinery Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 41 Europe Packaging Machinery Market Outlook, By Country (2020-2028) ($MN)
- Table 42 Europe Packaging Machinery Market Outlook, By Machine Type (2020-2028) ($MN)
- Table 43 Europe Packaging Machinery Market Outlook, By Palletizing (2020-2028) ($MN)
- Table 44 Europe Packaging Machinery Market Outlook, By Wrapping (2020-2028) ($MN)
- Table 45 Europe Packaging Machinery Market Outlook, By Labeling (2020-2028) ($MN)
- Table 46 Europe Packaging Machinery Market Outlook, By Form-Fill-Seal (2020-2028) ($MN)
- Table 47 Europe Packaging Machinery Market Outlook, By Cartoning (2020-2028) ($MN)
- Table 48 Europe Packaging Machinery Market Outlook, By Bottling Line (2020-2028) ($MN)
- Table 49 Europe Packaging Machinery Market Outlook, By Filling (2020-2028) ($MN)
- Table 50 Europe Packaging Machinery Market Outlook, By Other Machine Types (2020-2028) ($MN)
- Table 51 Europe Packaging Machinery Market Outlook, By Technology (2020-2028) ($MN)
- Table 52 Europe Packaging Machinery Market Outlook, By Modified Atmosphere Packaging (2020-2028) ($MN)
- Table 53 Europe Packaging Machinery Market Outlook, By Vacuum Packaging (2020-2028) ($MN)
- Table 54 Europe Packaging Machinery Market Outlook, By General Packaging (2020-2028) ($MN)
- Table 55 Europe Packaging Machinery Market Outlook, By End User (2020-2028) ($MN)
- Table 56 Europe Packaging Machinery Market Outlook, By Beverage (2020-2028) ($MN)
- Table 57 Europe Packaging Machinery Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 58 Europe Packaging Machinery Market Outlook, By Food (2020-2028) ($MN)
- Table 59 Europe Packaging Machinery Market Outlook, By Chemical (2020-2028) ($MN)
- Table 60 Europe Packaging Machinery Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 61 Asia Pacific Packaging Machinery Market Outlook, By Country (2020-2028) ($MN)
- Table 62 Asia Pacific Packaging Machinery Market Outlook, By Machine Type (2020-2028) ($MN)
- Table 63 Asia Pacific Packaging Machinery Market Outlook, By Palletizing (2020-2028) ($MN)
- Table 64 Asia Pacific Packaging Machinery Market Outlook, By Wrapping (2020-2028) ($MN)
- Table 65 Asia Pacific Packaging Machinery Market Outlook, By Labeling (2020-2028) ($MN)
- Table 66 Asia Pacific Packaging Machinery Market Outlook, By Form-Fill-Seal (2020-2028) ($MN)
- Table 67 Asia Pacific Packaging Machinery Market Outlook, By Cartoning (2020-2028) ($MN)
- Table 68 Asia Pacific Packaging Machinery Market Outlook, By Bottling Line (2020-2028) ($MN)
- Table 69 Asia Pacific Packaging Machinery Market Outlook, By Filling (2020-2028) ($MN)
- Table 70 Asia Pacific Packaging Machinery Market Outlook, By Other Machine Types (2020-2028) ($MN)
- Table 71 Asia Pacific Packaging Machinery Market Outlook, By Technology (2020-2028) ($MN)
- Table 72 Asia Pacific Packaging Machinery Market Outlook, By Modified Atmosphere Packaging (2020-2028) ($MN)
- Table 73 Asia Pacific Packaging Machinery Market Outlook, By Vacuum Packaging (2020-2028) ($MN)
- Table 74 Asia Pacific Packaging Machinery Market Outlook, By General Packaging (2020-2028) ($MN)
- Table 75 Asia Pacific Packaging Machinery Market Outlook, By End User (2020-2028) ($MN)
- Table 76 Asia Pacific Packaging Machinery Market Outlook, By Beverage (2020-2028) ($MN)
- Table 77 Asia Pacific Packaging Machinery Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 78 Asia Pacific Packaging Machinery Market Outlook, By Food (2020-2028) ($MN)
- Table 79 Asia Pacific Packaging Machinery Market Outlook, By Chemical (2020-2028) ($MN)
- Table 80 Asia Pacific Packaging Machinery Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 81 South America Packaging Machinery Market Outlook, By Country (2020-2028) ($MN)
- Table 82 South America Packaging Machinery Market Outlook, By Machine Type (2020-2028) ($MN)
- Table 83 South America Packaging Machinery Market Outlook, By Palletizing (2020-2028) ($MN)
- Table 84 South America Packaging Machinery Market Outlook, By Wrapping (2020-2028) ($MN)
- Table 85 South America Packaging Machinery Market Outlook, By Labeling (2020-2028) ($MN)
- Table 86 South America Packaging Machinery Market Outlook, By Form-Fill-Seal (2020-2028) ($MN)
- Table 87 South America Packaging Machinery Market Outlook, By Cartoning (2020-2028) ($MN)
- Table 88 South America Packaging Machinery Market Outlook, By Bottling Line (2020-2028) ($MN)
- Table 89 South America Packaging Machinery Market Outlook, By Filling (2020-2028) ($MN)
- Table 90 South America Packaging Machinery Market Outlook, By Other Machine Types (2020-2028) ($MN)
- Table 91 South America Packaging Machinery Market Outlook, By Technology (2020-2028) ($MN)
- Table 92 South America Packaging Machinery Market Outlook, By Modified Atmosphere Packaging (2020-2028) ($MN)
- Table 93 South America Packaging Machinery Market Outlook, By Vacuum Packaging (2020-2028) ($MN)
- Table 94 South America Packaging Machinery Market Outlook, By General Packaging (2020-2028) ($MN)
- Table 95 South America Packaging Machinery Market Outlook, By End User (2020-2028) ($MN)
- Table 96 South America Packaging Machinery Market Outlook, By Beverage (2020-2028) ($MN)
- Table 97 South America Packaging Machinery Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 98 South America Packaging Machinery Market Outlook, By Food (2020-2028) ($MN)
- Table 99 South America Packaging Machinery Market Outlook, By Chemical (2020-2028) ($MN)
- Table 100 South America Packaging Machinery Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 101 Middle East & Africa Packaging Machinery Market Outlook, By Country (2020-2028) ($MN)
- Table 102 Middle East & Africa Packaging Machinery Market Outlook, By Machine Type (2020-2028) ($MN)
- Table 103 Middle East & Africa Packaging Machinery Market Outlook, By Palletizing (2020-2028) ($MN)
- Table 104 Middle East & Africa Packaging Machinery Market Outlook, By Wrapping (2020-2028) ($MN)
- Table 105 Middle East & Africa Packaging Machinery Market Outlook, By Labeling (2020-2028) ($MN)
- Table 106 Middle East & Africa Packaging Machinery Market Outlook, By Form-Fill-Seal (2020-2028) ($MN)
- Table 107 Middle East & Africa Packaging Machinery Market Outlook, By Cartoning (2020-2028) ($MN)
- Table 108 Middle East & Africa Packaging Machinery Market Outlook, By Bottling Line (2020-2028) ($MN)
- Table 109 Middle East & Africa Packaging Machinery Market Outlook, By Filling (2020-2028) ($MN)
- Table 110 Middle East & Africa Packaging Machinery Market Outlook, By Other Machine Types (2020-2028) ($MN)
- Table 111 Middle East & Africa Packaging Machinery Market Outlook, By Technology (2020-2028) ($MN)
- Table 112 Middle East & Africa Packaging Machinery Market Outlook, By Modified Atmosphere Packaging (2020-2028) ($MN)
- Table 113 Middle East & Africa Packaging Machinery Market Outlook, By Vacuum Packaging (2020-2028) ($MN)
- Table 114 Middle East & Africa Packaging Machinery Market Outlook, By General Packaging (2020-2028) ($MN)
- Table 115 Middle East & Africa Packaging Machinery Market Outlook, By End User (2020-2028) ($MN)
- Table 116 Middle East & Africa Packaging Machinery Market Outlook, By Beverage (2020-2028) ($MN)
- Table 117 Middle East & Africa Packaging Machinery Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 118 Middle East & Africa Packaging Machinery Market Outlook, By Food (2020-2028) ($MN)
- Table 119 Middle East & Africa Packaging Machinery Market Outlook, By Chemical (2020-2028) ($MN)
- Table 120 Middle East & Africa Packaging Machinery Market Outlook, By Other End Users (2020-2028) ($MN)
