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Packaging Machinery Market by Machine Type (Filling Machines, FFS (form, fill and seal) Machines, Cartoning Machines, Palletizing Machines, Labeling Machines, Wrapping Machines, and Cleaning & Sterilizing Machines), by End-User Industry (Food & Beverage,

01-22-2019 05:24 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Packaging Machinery Market

Packaging Machinery Market

Consumers in the beauty sector not only look for sustainable ingredients but also demand for attractive and convenient packaging. In addition, with rising disposable income, consumers in the beauty sector are increasingly adopting branded and high quality cosmetics, thereby fueling the cosmetics packaging machinery market growth.

Packaging Machinery Market Report, published by Allied Market Research, projects that the global market size was valued at $39,647 million in 2016 and is projected to reach $62,063 million by 2023, growing at a CAGR of 6.7% from 2017 to 2023. The filling machines segment accounted for the maximum share in 2016 and is likely to remain dominant during the forecast period.

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The demand for packaging machinery is largely driven by the increasing demand for consumer goods, increasing adoption of automated packaging machines, and development of energy efficient machines. Modern automated packaging machines are used in different stages of packaging and ensure that the stages are completed in minutes rather than hours compared to the older versions. The other key factor driving the global packaging machinery market is the increasing demand for packaging robots from several end-user industries. Packaging machines play a vital role in ensuring the product safety throughout the supply chain.

Packaging machinery is used in packaging medical products and helps in maintaining the stability of drugs and maintains their shelf life. IMA S.p.A. and Robert Bosch GmbH are the major manufacturers of pharmaceutical packaging equipment. Blister packaging machines, counting machines, tube filling & sealing machines, carton machines, case packaging machines, and labeling machines are the major machinery used in the pharmaceutical packaging market. Thus, the packaging machinery in the pharmaceutical industry is likely to exhibit a notable growth by 2023. In addition, the growing demand for attractive and innovative packaging in the food and cosmetics industry is expected to bolster the demand for packaging machinery.

The end user industries are increasingly shifting towards sophisticated, integrated, and standardized equipment to comply with environmental standards and reduce packaging waste. The global food & beverage industry is expected to grow at a notable rate over the forecast period. Majority of this demand is expected from emerging countries due to the rise in consumer income, demand for ready-to-eat packaged food, and improvement in living standards. This has increased the demand for packaged food worldwide, which in turn offers lucrative market opportunities for the packaging machinery market. The fastest growing end user industry for the packaging machinery market is the cosmetics industry segment, which is expected to grow at a CAGR of 7.9% and is forecast to reach $3,274 million by 2023.

Wrapping machines are the second fastest growing segment in the global packaging machinery industry. The majority of the growth in the market is expected to be witnessed from the emerging regions of Asia-Pacific and Africa. Factors such as increase in demand for fresh food & beverages, home & personal care goods, and pharmaceutical industries; and growth of the retail industry have driven the global wrapping packaging machineries market. However, labeling machines are likely to show a notable growth during the forecast period, owing to a rise in demand for customized packaging and government regulations for providing packaging labels on the products.

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Asia-Pacific accounted for the highest share in the global packaging machinery industry in 2016, and is expected to maintain its dominance throughout the forecast period, owing to existence of wide array of food & beverage and personal care product manufacturers in the region. The region is anticipated to grow at the highest rate in the near future, owing to high economic growth rate and high demand in emerging markets of China and India. North America and Europe are among the more mature markets for packaging machinery as these are developed regions with the presence of a large number of players operating in the market.

The key players focus on expanding their business operations in the emerging countries by adopting various strategies, such as acquisitions and contracts/agreements. The major players profiled in this report include Adelphi Packaging Machinery, Aetna Group, B&H Labelling Systems, Barry-Wehmiller Companies, Inc., Bosch Packaging Machinery, Bradman Lake Group, CKD Group, Coesia SpA, Fuji Machinery Company, and Harland Machine Systems Ltd.

Key Benefits

• This study provides an in-depth analysis of the global packaging machinery market along with current trends and future estimations to identify potential investment pockets for stakeholders.
• It presents information regarding key drivers, restraints, and opportunities along with their impact analysis.
• Porter’s Five Forces analytical model illustrates the competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, strength of the buyers, strength of the suppliers, and the degree of competition.
• A quantitative analysis of the current market and estimations from 2016 to 2023 has been provided to highlight the financial competency of the market.

LIST OF TABLES

TABLE 1. GLOBAL PACKAGING MACHINERY MARKET REVENUE, BY MACHINE TYPE, 2016-2023 ($MILLION)
TABLE 2. FILLING MACHINES MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 3. FFS MACHINES MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 4. CARTONING MACHINES MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 5. PALLETIZING MACHINES MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 6. LABELLING MACHINES MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 7. WRAPPING MACHINERY MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 8. CLEANING & STERILIZING MACHINERY MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 9. GLOBAL PACKAGING MACHINERY MARKET REVENUE, BY END-USER INDUSTRY, 2016-2023 ($MILLION)
TABLE 10. PACKAGING MACHINERY MARKET REVENUE FOR FOOD & BEVERAGE INDUSTRY, BY REGION, 2016-2023 ($MILLION)
TABLE 11. PACKAGING MACHINERY MARKET REVENUE FOR PHARMACEUTICAL INDUSTRY, BY REGION, 2016-2023 ($MILLION)
TABLE 12. PACKAGING MACHINERY MARKET REVENUE FOR CHEMICAL INDUSTRY, BY REGION, 2016-2023 ($MILLION)
TABLE 13. PACKAGING MACHINERY MARKET REVENUE FOR COSMETICS INDUSTRY, BY REGION, 2016-2023 ($MILLION)
TABLE 14. PACKAGING MACHINERY MARKET REVENUE FOR OTHER INDUSTRY, BY REGION, 2016-2023 ($MILLION)
TABLE 15. PACKAGING MACHINERY MARKET, BY REGION, 2016-2022 ($MILLION)
TABLE 16. NORTH AMERICA PACKAGING MACHINERY MARKET REVENUE, BY MACHINE TYPE, 2016-2023 ($MILLION)
TABLE 17. NORTH AMERICA PACKAGING MACHINERY MARKET REVENUE, BY END-USER INDUSTRY, 2016-2023 ($MILLION)
TABLE 18. NORTH AMERICA PACKAGING MACHINERY MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 19. EUROPE PACKAGING MACHINERY MARKET REVENUE, BY MACHINE TYPE, 2016-2023 ($MILLION)
TABLE 20. EUROPE PACKAGING MACHINERY MARKET REVENUE, BY END-USER INDUSTRY, 2016-2023 ($MILLION)
TABLE 21. EUROPE PACKAGING MACHINERY MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 22. ASIA-PACIFIC PACKAGING MACHINERY MARKET REVENUE, BY MACHINE TYPE, 2016-2023 ($MILLION)
TABLE 23. ASIA-PACIFIC PACKAGING MACHINERY MARKET REVENUE, BY END-USER INDUSTRY, 2016-2023 ($MILLION)
TABLE 24. ASIA-PACIFIC PACKAGING MACHINERY MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 25. LAMEA PACKAGING MACHINERY MARKET REVENUE, BY MACHINE TYPE, 2016-2023 ($MILLION)
TABLE 26. LAMEA PACKAGING MACHINERY MARKET REVENUE, BY END-USER INDUSTRY , 2016-2023 ($MILLION)
TABLE 27. LAMEA PACKAGING MACHINERY MARKET REVENUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 28. ADELPHI PACKAGING MACHINERY: COMPANY SNAPSHOT
TABLE 29. ADELPHI PACKAGING MACHINERY: OPERATING SEGMENTS
TABLE 30. AETNA GROUP: COMPANY SNAPSHOT
TABLE 31. AETNA GROUP: OPERATING SEGMENTS
TABLE 32. B&H LABELLING SYSTEMS: COMPANY SNAPSHOT
TABLE 33. BARRY-WEHMILLER COMPANIES, INC.: COMPANY SNAPSHOT
TABLE 34. BARRY-WEHMILLER COMPANIES, INC.: OPERATING SEGMENTS
TABLE 35. BOSCH PACKAGING MACHINERY: COMPANY SNAPSHOT
TABLE 36. BOSCH PACKAGING MACHINERY: OPERATING SEGMENTS
TABLE 37. BRADMAN LAKE GROUP: COMPANY SNAPSHOT
TABLE 38. BRADMAN LAKE GROUP: OPERATING SEGMENTS
TABLE 39. CKD GROUP: COMPANY SNAPSHOT
TABLE 40. CKD GROUP: OPERATING SEGMENTS
TABLE 41. COESIA SPA: COMPANY SNAPSHOT
TABLE 42. COESIA SPA: OPERATING SEGMENTS
TABLE 43. FUJI MACHINERY COMPANY: COMPANY SNAPSHOT
TABLE 44. FUJI MACHINERY COMPANY: OPERATING SEGMENTS
TABLE 45. HARLAND MACHINE SYSTEMS LTD.: COMPANY SNAPSHOT
TABLE 46. HARLAND MACHINE SYSTEMS LTD: OPERATING SEGMENTS

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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