Research Reports

Packaging

icon
Home » Reports » Global Packaging Machinery Market Analysis Opportunity Outlook 2021
Market Research Report

Global Packaging Machinery Market Analysis & Opportunity Outlook 2021

Published On : 12:49 AM, 17th November, 2017 REP-ID-82 Category: Packaging

Packaging machinery offers assistance while packaging commodities before they are shipped for storehouse and delivery networks. It is used in the primary and secondary packaging of food, beverage, pharmaceutical and personal care products. These machines offer various advantages over manual packaging such as high efficiency and reduced labor cost. Moreover, packaging machinery serves various purposes such as bag and pouch sealing, canning, labeling, cartooning and other applications.

Global packaging machinery demand is anticipated to garner USD 59.3 Billion by the end of 2021, witnessing a compound annual growth rate (CAGR) of more than 5.6% by 2021.

Market Segmentation

Type-Based

On the basis of type based, the global packaging machinery market is segment as follows:

  • Form Fill Seal (FFS)
  • Wrapping and Bundling
  • Labeling and Coding
  • Package Closing and Sealing

End-User

On the basis of End User, the global packaging machinery market is segment as follows:

  • Food & Beverage
  • Pharmaceutical
  • Personal Care & Cosmetics
  • Others

By Region

On the basis of region, the global packaging machinery market is segmented into:

  • North America
  • Latin America
  • Western And Eastern Europe
  • Asia-Pacific
  • Row (Rest Of World)

Growth Drivers and challenges

Technology development for modular packaging machine, rising demand for smart packaging and growing trend toward retail ready packaging are some major factors which are projected to drive the growth of global packaging machinery market during the forecasted period i.e. 2015-2021.

The main factor which is anticipated to restrain the growth of global packaging machinery is increasing competitive pressures on small vendors, owing to highly fragmented packaging industry.

Market Size and Forecast

Americas currently accounts for more than 36% market share and is further forecasted to dominate the global packaging market due to existence of major vendors in this region.

Packaging Machinery market

North America packaging machinery market is anticipated to grow at a CAGR of 3.56% over the period 2015-2021. In the region, U.S. is the biggest market followed by Canada. Furthermore, with the setting up of manufacturing plants and industry in countries like Mexico & Brazil to cater the demand arising in neighboring countries like U.S., the market is expected to swell in near future.

On the other hand, Asia-Pacific packaging machinery demand is anticipated to witness an annual growth rate of 5.8% by 2017. China and India are the major market in this region, together accounting for 21.2% of global packaging machinery demand. With a view to become the net exporter economies in the region (after Make in India campaign), the demand for packaging machinery would see new avenues in the region.

Key Players

The major key players of global packaging machinery market are as follows:

  • Barry-Wehmiller
  • Bosch Packaging Technology
  • Coesia
  • GEA Group
  • Illinois Tool Works
  • KRONES
  • Automated Packaging Systems, Inc.
  • Aetnagroup S.p.A.
  • Nichrome Packaging Solutions
  • Propack Processing and Packaging Systems Inc. Serpa Packaging Solutions

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe)
  • Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand & Rest of Asia)
  • Middle East and North Africa (MENA)
  • Rest of World

Segmentation

  • By Type Based
  • By End User
  • By Region

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

Key Answer

           

SELECT LICENSE TYPE

    • "This is an ongoing research and would be delivered in next 15-20 days."
    • Pre-Book now and get receive 10% discount.

KEY BENEFITS

  • DIRECT ANALYST ASSISTANCE

    Direct access to analyst to help you understand the market in a better way to handle your critical question

  • CUSTOMIZE AS PER YOUR NEED

    Citing your business specific requirement our consultant would assist you ensuring targeted goal is achieved

  • DISCOUNT ON CUSTOMISATION

    Get 10% free customization

  • QUALITY ASSURED

    Great focus on accuracy and quality of the research

Request for Toc

Call us

(U.S.) - +1 646 586 9123
(Canada) - +1 437 889 3230
(U.K.) - +44 203 608 5919
(India) - + 91 120 660 5495
Email: info@researchnester.com

Ask The Analyst

Delivery Center

1014, 10th Floor, Tower A1,
Ansal Corporate Park, Plot no 7A/1,
Sector 142 Noida., 201301 India
Phone : +91 958 228 3827, +91 120 660 5495
info@researchnester.com

US Office

1820 Avenue M, Suite# 1113,
Brooklyn, New York 11230
Phone : +1 646 586 9123
info@researchnester.com

Canada (Toronto)

Phone : +1 437 889 3230
info@researchnester.com

UK Office (London)

Phone : +44 203 608 5919
info@researchnester.com

Copyright © 2017 Research Nester. All rights reserved

Top