Global Packaging Machinery Market Size, Trends and Growth opportunity, By Machine-Type (Filling, Labeling, Form-Fill-Seal, Cartoning, Wrapping, Palletizing, Bottling Line, and Others), By Technology (General Packaging, Modified Atmosphere Packaging, and Vacuum Packaging), By End-Use (Beverages, Food, Chemicals, Personal Care, Pharmaceuticals, and Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR100572 | Industries : Energy & Power | Published On :May 2024 | Page Count : 122
Global Packaging Machinery Market Size, Trends and Growth opportunity, By Machine-Type (Filling, Labeling, Form-Fill-Seal, Cartoning, Wrapping, Palletizing, Bottling Line, and Others), By Technology (General Packaging, Modified Atmosphere Packaging, and Vacuum Packaging), By End-Use (Beverages, Food, Chemicals, Personal Care, Pharmaceuticals, and Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Packaging Machinery Market
Global Packaging Machinery Market was valued at USD 45.3 billion in 2021 and is expected to reach USD 56.8 billion by 2027, at a CAGR 2.88% from 2022-2027.
Packaging Machinery is utilized throughout all packaging operations, which involves primary packages to distribution packs. This includes many packaging processes; fabrication, filling, cleaning, sealing, combining, labeling, overwrapping, and palletizing. Some packaging operations cannot be accomplished without packaging equipment. For example, many packages that include heat seals to prepare & seal a package. Heat sealers are needed, even in slow labor-intensive operations.
Market Drivers
The increase in demand for packaging from the end-user industry, the digitization of technologies, the proliferating retail industry around the world and e-commerce portals are likely to positively influence the demand for packaging. Manufacturers are interested in retail through direct-to-customer sales via e-retail websites. They tend to improve their buying in bulk from machine manufacturers to enhance their profit margins.
Furthermore, the key factors propelling the industry growth include the high demand for packaged foods & beverages and rising consumer spending on personal care and pharmaceuticals products.
Market Restraints
Many market players are emphasizing integrated packaging machines with wrapping, automated labeling, and palletizing machines, hence making them more efficient by decreasing the operation time. However, it enhances the overall production expenses. Small & medium enterprises (SMEs) find it challenging to buy these machines, thus, negatively impacting the export business.
Market Segmentation
The Global Packaging Machinery Market is segmented into machine-type, technology, and end–user.
Based on machine type, the packaging machinery market is segmented into filling, labeling, form-fill-seal, cartoning, wrapping, palletizing, bottling line, and others. The form-fill-seal sub segment held a significant share in 2021 due to the growing demand for wrapped foods, such as wrapped vegetables, loaves of bread, sandwiches, others., in urban areas, which is expected to contribute to the growth of the wrapping machine category.
Regional Analysis
The Global Packaging Machinery Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is the fastest growing region over the years owing to the highly established food & beverage industry in the USA & Canada. The presence of several manufacturing and multinational food processing enterprises results in an increased demand for packaging machinery. Technological progress in packaging tools is also one of the leading factors driving the region's packaging machinery market growth.
Key Players
Various key players are discussed into the Global Packaging Machinery Market Report including: Barry-Wehmiller, Illinois Tool Works Inc., Krones AG, GEA Group AG, Dover Corporation, Graphic Packaging Holding, MULTIVAC Group, Nordson Corporation, Pro Mach Inc., Sato Holdings Corporation, Tetra Level International, and others.
Market Taxonomy
By Machine-Type
• Filling
• Labeling
• Form-Fill-Seal
• Cartoning
• Wrapping
• Palletizing
• Bottling Line
• Others
By Technology
• General Packaging Technology
• Modified Atmosphere Packaging Technology
• Vacuum Packaging Technology
By End-Use
• Beverages
• Food
• Chemicals
• Personal Care
• Pharmaceuticals
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Packaging Machinery Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Packaging Machinery Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Packaging Machinery Market, By Machine-Type
5.1 Y-o-Y Growth Comparison, By Machine-Type
5.2 Global Packaging Machinery Market Share Analysis, By Machine-Type
5.3 Global Packaging Machinery Market Size and Forecast, By Machine-Type
5.3.1 Filling
5.3.2 Labeling
5.3.3 Form-Fill-Seal
5.3.4 Cartoning
5.3.5 Wrapping
5.3.6 Palletizing
5.3.7 Bottling Line
5.3.8 Others
6 Global Packaging Machinery Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Packaging Machinery Market Share Analysis, By Technology
6.3 Global Packaging Machinery Market Size and Forecast, By Technology
6.3.1 General Packaging Technology
6.3.2 Modified Atmosphere Packaging Technology
6.3.3 Vacuum Packaging Technology
7 Global Packaging Machinery Market, By End-User
7.1 Y-o-Y Growth Comparison, By End-User
7.2 Global Packaging Machinery Market Share Analysis, By End-User
7.3 Global Packaging Machinery Market Size and Forecast, By End-User
7.3.1 Beverages
7.3.2 Food
7.3.3 Chemicals
7.3.4 Personal Care
7.3.5 Pharmaceuticals
7.3.6 Others
8 Global Packaging Machinery Market, By Region
8.1 Global Packaging Machinery Market Share Analysis, By Region
8.2 Global Packaging Machinery Market Share Analysis, By Region
8.3 Global Packaging Machinery Market Size and Forecast, By Region
9 North America Packaging Machinery Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Packaging Machinery Market Share Analysis, By Machine-Type
9.3 North America Packaging Machinery Market Share Analysis, By Technology
9.4 North America Packaging Machinery Market Size and Forecast, By End-User
9.5 North America Packaging Machinery Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Packaging Machinery Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Packaging Machinery Market Share Analysis, By Machine-Type
10.3 Europe Packaging Machinery Market Share Analysis, By Technology
10.4 Europe Packaging Machinery Market Size and Forecast, By End-User
10.5 Europe Packaging Machinery Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Packaging Machinery Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Packaging Machinery Market Share Analysis, By Machine-Type
11.3 Asia Pacific Packaging Machinery Market Share Analysis, By Technology
11.4 Asia Pacific Packaging Machinery Market Size and Forecast, By End-User
11.5 Asia Pacific Packaging Machinery Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Packaging Machinery Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Packaging Machinery Market Share Analysis, By Machine-Type
12.3 Latin America Packaging Machinery Market Share Analysis, By Technology
12.4 Latin America Packaging Machinery Market Size and Forecast, By End-User
12.5 Latin America Packaging Machinery Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Packaging Machinery Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Packaging Machinery Market Share Analysis, By Machine-Type
13.3 Middle East Packaging Machinery Market Share Analysis, By Technology
13.4 Middle East Packaging Machinery Market Size and Forecast, By End-User
13.5 Middle East Packaging Machinery Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Barry-Wehmiller
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Illinois Tool Works Inc.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.25 Key Market Developments
15.2.6 Key Strategies
15.3 Krones AG
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 GEA Group AG
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Dover Corporation
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Graphic Packaging Holding
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 MULTIVAC Group
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 MULTIVAC Group
15. 8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Pro Mach Inc.
15.9.1 Overview
15.9.2 Offerings
15.4.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Sato Holdings Corporation
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies