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Global Case Packers Market Continues to Driven by Rising Demand from Food and Beverage Industry through 2025
Market Research Hub
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With an extensive forecast to 2025, the research further aims to identify opportunities in the market and present updates as well as insights pertaining to various segments of the global case packers market. As per the research key insights, the demand in the global case packers market will expand at a CAGR of 4.3% during the forecast period of 2017 to 2025. In terms of revenue, the opportunities in the global case packers market are estimated to reach a valuation of US$2,037.0 mn by 2025, substantively more than it’s evaluated worth of US$1,457.2 mn in the year 2017.
Case packers are the machines that can perform three basic operations: case erection, pick and place, and case sealing. Case packers find extensive application in several end-use industries including food and beverage, cosmetics and personal care, and pharmaceuticals. In recent years, several technological advancements have been taken place in case packers, which gives a significant push to the market growth, one of them is incorporation of artificial intelligence (AI) in order to achieve greater production efficiencies. Also, the option to use case packers as both horizontal and vertical loading solutions are offering key opportunities in the global case packers market.
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Moving further, the research the report broadly categorizes the market data on the basis of machine type, end-use, product type and regions. By machine type, it includes Robotic Case Packers and Automatic Case Packers. Major product type includes Top load, wraparound, and side load. It has been analyzed that, robotic case packers allows more rotation as compared with the automatic case packers and also forms a proper grip, hence they are preferred by the manufacturer for high-end productive operations. On the basis of geography, Asia Pacific has been highlighted as the most lucrative region in this particular market.
A vital section of the report is competitive landscape which highlights details about major market leaders. Few of the key players mentioned in the global case packers market include Robert Bosch GMBH, I.M.A. Industria Macchine Automatiche SpA, Shibuya Corporation, Omori Machinery Co. Ltd., Tetra Pak International S.A., Rovema GmbH, Hangzhou Youngsun Intelligent Equipment Co Ltd, Cama Group, Econocorp Inc., PMI Cartoning Inc., Bradman Lake Group Ltd., Jacob White Packaging Ltd, ADCO Manufacturing, Schneider Packaging Equipment Co. Inc., Fuji Machinery Co. Ltd. etc.
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