Food Packaging Equipment Market Report 2023: Jam-packed Opportunities for Investors - Competitive Analysis of Key Market Players Arpac LLC, Bosch Packaging Technology, Coesia Group, GEA Group, IMA Group, Ishida, Multivac Inc.

The global food packaging equipment market was valued at $14,740 million in 2016 and is projected to reach $19,268 million by 2023, registering a CAGR of 4.0% from 2017 to 2023. In 2016, the labeling, decorating, & coding equipment segment accounted for an approximately one-seventh share of the global market in terms of revenue.

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The growth in demand for attractive and innovative packaging in the food industry for product differentiation; rise in consumption of processed meat, poultry, and seafood; increase in purchasing power and rise in preference of online shopping of grocery leads to increase in demand for packaged food, which in turn is expected to drive the food packaging equipment market.

Food packaging equipment includes machinery that is present in every stage of the packaging process. Bottling line, cartooning, case handling, closing, filling & dosing, FFS (form, fill & seal) machinery, labeling, decorating, & coding, palletizing, wrapping & bundling, and others are some types of food packaging equipment that perform different packaging functions at different stages of processing.

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In 2016, labeling, decorating, & coding equipment accounted for the highest revenue growing at a significant CAGR of 5.2% from 2017 to 2023. Labels and codes are used on every kind of food product to brand, decorate, provide information, and track products. It consists of high ink-jet coders for printing barcodes, graphics, and text on cartons. Also, it has a wide array of print and applies labelers for labeling bottles, cartons, and pallets with high-resolution graphics text and barcodes. This provides protection against tampering.

Table of Content


Chapter: 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

Chapter: 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

Chapter: 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top winning strategies

3.3. PORTER’S FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Rise in preference of online shopping of grocery
3.4.1.2. Increase in hygiene standard for high quality product
3.4.1.3. Packaging as a tool for product differentiation
3.4.1.4. Growth in preferences of consumer for packaged protein rich meat, poultry, and seafood

3.4.2. Restraints

3.4.2.1. High cost of development and installation of equipment in developing countries
3.4.2.2. Stringent legislations for food safety

3.4.3. Opportunities

3.4.3.1. Growth in packaged food industry in emerging economies

3.5. MARKET SHARE ANALYSIS, 2016 (%)

Chapter: 4. GLOBAL FOOD PACKAGING EQUIPMENT MARKET, BY EQUIPMENT

4.1. INTRODUCTION

4.1.1. Market size and forecast

4.2. BOTTLING LINE

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast

4.3. CARTONING

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast

4.4. CASE HANDLING

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast

4.5. CLOSING

4.5.1. Market size and forecast

4.6. FILLING & DOSING

4.6.1. Key market trends, growth factors, and opportunities
4.6.2. Market size and forecast

4.7. FORM, FILL & SEAL

4.7.1. Key market trends, growth factors, and opportunities
4.7.2. Market size and forecast

4.8. LABELLING, DECORATING, & CODING

4.8.1. Key market trends, growth factors, and opportunities
4.8.2. Market size and forecast

4.9. PALLETIZING

4.9.1. Key market trends, growth factors, and opportunities
4.9.2. Market size and forecast

4.10. WRAPPING & BUNDLING

4.10.1. Key market trends, growth factors, and opportunities
4.10.2. Market size and forecast

4.11. OTHERS

4.11.1. Key market trends, growth factors, and opportunities
4.11.2. Market size and forecast

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Whereas, high cost of development and installation of food packaging equipment in most of the developing countries, stringent legislation for food safety and energy-inefficient packaging equipment and machinery hamper the market growth. Growth in the packaged food industry in emerging economies such as China, India, Indonesia, and Brazil make way for growth opportunity.

Analyst Says,

Increase in demand for ready-to-eat natural and organic food products that are highly perishable promoted the packaging industry to come up with new packaging equipment and solutions for food safety and hygiene. Thus, hygienic packaging of food majorly drives the food packaging equipment market.

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