Global Case Packers Market is estimated to surge at a CAGR of 4.68% from 2018-2024
The case packer market is estimated to hold a market value of USD3.692 billion in 2018 and is projected to expand to a market value of USD4.859 billion by 2024. The global case packer market is projected to boost in the forecast period owing to its immense application across all the end-use industry verticals. Also, with the growing demand for products’ safety during transportation or at the time of storage in warehouses, the market is propelled to grow at a significant pace in the forecast period. The growing technological advancements in product packaging is further augmenting the market demand in the forecast period. The machines are utilized for secondary packaging applications. The growing logistics and retailing industry are further propagating the market growth in the forecast period with efficient packaging requirements for bulk orders. The rapid growth of the FMCG industry is further providing an impetus in increasing market growth over the next five years. On the basis of geography, Asia Pacific is projected to show high growth prospects in the forecast period, while North America and Europe are projected to hold significant market share in the global case packer industry.
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The recent study on the case packers market covers an in-depth analysis of the market on the basis of product, capacity, distribution channel, and cities. Additionally, the report covers the key trends in the market along with drivers, restraints, and opportunities during the period 2018-2024. According to the report titled “Case Packers Market– Forecast from 2019 to 2024”, the market is estimated to grow at a fast rate during the forecast period. The report has segmented the global case packers market by machine type (Vertical Load, Horizontal Load, Robotics, Wraparound, Others); by end-user (Pharmaceutical, Food, and Beverage, Chemicals, Cosmetics, Personal Care, Others); and by geography (North America, South America, Europe, Middle East and Africa, and the Asia Pacific).
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the global case packer market.
Major industry players profiled as part of the report areBosch Packaging Technology, Combi Packaging LLC, and Brenton LLC among others.
The case packer market has been analyzed through the following segments:
By Machine Type
• Vertical Load
• Horizontal Load
• Food and Beverage
• Personal Care
• United Kingdom
Middle East and Africa
• Saudi Arabia
• South Korea
Unique reasons to buy case packers market report-
1. In-depth analysis with sufficient data points and reference included.
2. Best possible insights in addition to detailed analysis on drivers and restraints.
3. Comparison between the market players and in-depth analysis of their strategies through competitive benchmarking.
4. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments.
Scope of Research of case packers market
1. The forecast period is from 2019 to 2024 with 2018 as the base year.
2. Leading industry trends and regulations, key business opportunities, drivers and restraints at global and regional level
3. Strategies of the key players in analyzing the competitive benchmarking is provided in the report
4. Corporate profiles of leading players along with their financial profiles across regions and industry verticals can be provided on customization requests.
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