Packaging Equipment Global Market Report 2024

Description

“Packaging Equipment Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on packaging equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for packaging equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The packaging equipment market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product: Fillers; Form Fill Seal; Lapping; Labeling; Coding; Bottling line
2) By Technology: General Packaging; Modified Atmosphere Packaging; Vacuum Packaging
3) By Application: Food & Beverage; Pharmaceuticals; Chemicals; Personal Care
Companies Mentioned: Barry-Wehmiller Companies Inc.; Coesia S.p.A.; Krones AG; Robert Bosch Packaging Technology GmbH; Douglas Machine Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Packaging equipment provides producers and packers with efficient methods to package and protect goods for sale and transportation. Well-calibrated and supported machines have the potential to minimize the use of packaging materials and enhance packing speeds.

The primary products of packaging equipment include fillers, form-fill-seals, lapping, labeling, coding, and bottling lines. A filler, in this context, refers to a substance used to mend gaps or fractures, especially in materials such as wood, vehicle bodywork, and walls. The associated technologies encompass general packaging, modified atmosphere packaging, and vacuum packaging, applied across various sectors including food and beverage, pharmaceuticals, chemicals, and personal care.

The packaging equipment market research report is one of a series of new reports from The Business Research Company that provides, packaging equipment market statistics, including, clock buffer industry global market size, regional shares, competitors with a packaging equipment market share, detailed, packaging equipment market segments, market trends, and opportunities, and any further data you may need to thrive in the clock buffer industry. This, packaging equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The packaging equipment market size has grown strongly in recent years. It will grow from $42.1 billion in 2023 to $44.52 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth observed in the historical period can be credited to a focus on efficiency, healthcare and pharmaceutical requirements, urbanization and consumer demand, advancements in smart packaging, and adherence to stringent regulations.

The packaging equipment market size is expected to see strong growth in the next few years. It will grow to $60.73 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The anticipated growth in the forecast period can be linked to factors such as cost-efficiency and performance, the expansion of healthcare and pharmaceutical sectors, the rise of smart packaging, rapid urbanization, and increasing emphasis on food safety and hygiene, along with a demand for customization and flexibility. Key trends expected in the forecast period encompass automation and Industry 4.0 integration, sustainability initiatives, customization and flexibility, adoption of smart packaging technologies, and a focus on consumer safety and hygiene standards.

The anticipated growth in the packaging equipment market is being driven by the increasing demand for flexible and integrated packaging machinery. This type of machinery processes films to create various packaging formats such as filled bags, sticks, and pouches. It forms a coordinated system that prepares goods for safe, cost-effective, and efficient movement across the supply chain. This approach aims to maximize consumer value, boost sales, and ultimately increase profits. For example, in October 2022, The Association for Packaging and Processing Technologies (PMMI) reported an 11.2% increase in domestic shipments of packaging machinery, reaching a total category value of $10.5 billion. Converting machinery also saw growth, with a 9.5% rise in domestic shipments, reaching $1.1 billion, indicating a substantial demand for packaging equipment.

The packaging equipment market is further expected to be fueled by the rise of e-commerce. E-commerce, involving online retail, electronic payments, and various online business transactions, relies on packaging equipment to optimize the secure and efficient packaging of products. This ensures safe transit and enhances logistics and customer satisfaction in the online retail supply chain. In August 2023, the U.S. Census Bureau reported that retail e-commerce sales in the second quarter of 2023 amounted to $277.6 billion, reflecting a 2.1% increase from the first quarter of 2023. This growth in e-commerce activities is a significant driver for the packaging equipment market.

Technological advancements are emerging as a prominent trend in the packaging equipment market, with major players focusing on innovative technologies to maintain their market position. For example, Viking Masek Packaging Technologies launched the 4SC-235, an automated pouch packaging machine designed for small businesses. This innovation has not only expanded the client market but also provided brand-loyal customers with a highly productive, prefabricated pouch packaging solution.

Major companies in the packaging equipment market are actively developing automated machines, such as automated in-line packing machines, to enhance packaging efficiency. Automated in-line packing machines play a crucial role in the end-of-line packing process. For instance, in September 2022, Ranpak introduced 2-EH Pro 100, a new grade of 2-Ethylhexanol with 100% renewable, traceable mass-balanced carbon content. This product aims to minimize the carbon footprint throughout the value chain, supporting sustainable sourcing of renewable and recycled raw materials.

In July 2022, The Middleby Corporation acquired CP Packaging, a move that significantly strengthens packaging equipment options in CP Packaging's food processing portfolio. This strategic acquisition enhances Middleby's ability to offer customers integrated full-line solutions. CP Packaging, a manufacturer of advanced high-speed vacuum packaging equipment, contributes valuable expertise to Middleby's comprehensive range of cooking, beverage, and refrigeration equipment.

Major companies operating in the packaging equipment market report are Barry-Wehmiller Companies Inc., Coesia S.p.A., Krones AG, Robert Bosch Packaging Technology GmbH, Douglas Machine Inc., Dover Corporation, Illinois Tool Works Inc., Amcor plc, Bemis Company Inc., GEA Group AG, Graphic Packaging Holding Company, Duravant LLC, Sacmi Imola S.C., Marchesini Group S.p.A., Garvey Corporation, Accutek Packaging Equipment Companies Inc., Adelphi Group Ltd., Arpac LLC, Oystar Holding GmbH, Berhalter AG, Multivac Inc., Nichrome India Ltd., Cougar Packaging Solutions Inc., Duravant LLC, Fuji Machinery Co. Ltd., Omori Machinery Co. Ltd., Harland Machine Systems Ltd., IMA S.p.A., Ishida Co. Ltd., KHS GmbH, Kyana Packaging & Industrial Supply Inc., Practical Packaging Solutions, R.A Jones & Co. Inc

Asia-Pacific was the largest region in the packaging equipment market in 2023. The regions covered in the packaging equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the packaging equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The packaging equipment market consists of sales of accumulating and collating machines, bottle caps equipment, sealing machines, and over-capping, lidding, closing, seaming, and sealing machines. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11211

1. Executive Summary

2. Packaging Equipment Market Characteristics

3. Packaging Equipment Market Trends And Strategies

4. Packaging Equipment Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Packaging Equipment Market Size and Growth

5.1. Global Packaging Equipment Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Packaging Equipment Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Packaging Equipment Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Packaging Equipment Market Segmentation

6.1. Global Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Fillers
Form Fill Seal
Lapping
Labelling
Coding
Bottling line
6.2. Global Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
General Packaging
Modified Atmosphere Packaging
Vacuum Packaging
6.3. Global Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Food & Beverage
Pharmaceuticals
Chemicals
Personal Care

7. Packaging Equipment Market Regional And Country Analysis

7.1. Global Packaging Equipment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Packaging Equipment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Packaging Equipment Market

8.1. Asia-Pacific Packaging Equipment Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Packaging Equipment Market

9.1. China Packaging Equipment Market Overview
9.2. China Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Packaging Equipment Market

10.1. India Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Packaging Equipment Market

11.1. Japan Packaging Equipment Market Overview
11.2. Japan Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Packaging Equipment Market

12.1. Australia Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Packaging Equipment Market

13.1. Indonesia Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Packaging Equipment Market

14.1. South Korea Packaging Equipment Market Overview
14.2. South Korea Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Packaging Equipment Market

15.1. Western Europe Packaging Equipment Market Overview
15.2. Western Europe Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Packaging Equipment Market

16.1. UK Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Packaging Equipment Market

17.1. Germany Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Packaging Equipment Market

18.1. France Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Packaging Equipment Market

19.1. Italy Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Packaging Equipment Market

20.1. Spain Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Packaging Equipment Market

21.1. Eastern Europe Packaging Equipment Market Overview
21.2. Eastern Europe Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Packaging Equipment Market

22.1. Russia Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Packaging Equipment Market

23.1. North America Packaging Equipment Market Overview
23.2. North America Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Packaging Equipment Market

24.1. USA Packaging Equipment Market Overview
24.2. USA Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Packaging Equipment Market

25.1. Canada Packaging Equipment Market Overview
25.2. Canada Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Packaging Equipment Market

26.1. South America Packaging Equipment Market Overview
26.2. South America Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Packaging Equipment Market

27.1. Brazil Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Packaging Equipment Market

28.1. Middle East Packaging Equipment Market Overview
28.2. Middle East Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Packaging Equipment Market

29.1. Africa Packaging Equipment Market Overview
29.2. Africa Packaging Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Packaging Equipment Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Packaging Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Packaging Equipment Market Competitive Landscape And Company Profiles

30.1. Packaging Equipment Market Competitive Landscape
30.2. Packaging Equipment Market Company Profiles
- 30.2.1. Barry-Wehmiller Companies Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Coesia S.p.A.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Krones AG
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Robert Bosch Packaging Technology GmbH
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Douglas Machine Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Packaging Equipment Market Competitive Benchmarking

32. Global Packaging Equipment Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Packaging Equipment Market

34. Packaging Equipment Market Future Outlook and Potential Analysis

34.1 Packaging Equipment Market In 2028 - Countries Offering Most New Opportunities
34.2 Packaging Equipment Market In 2028 - Segments Offering Most New Opportunities
34.3 Packaging Equipment Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer