Press release
Packaging Machinery Market Size to Cross USD 64 Billion By 2025 – Arizton
Impact of COVID-19 on the Packaging Machinery MarketDue to the ongoing pandemic, almost all the manufacturing or production industries across the globe have faced a negative impact. The packaging machinery market has faced adverse impacts due to the pandemic. The major hindrance caused due to the COVID-19 pandemic for the packaging machinery manufacturers is the shutdown or globally imposed lockdown. In North America, the ongoing COVID-19 pandemic might impact the sale of packaging machinery in a few markets such as cosmetics and personal care.
It has been anticipated that the packaging machinery market is expected to witness the fastest growth in emerging nations and such as India, Mexico, and more. But as per the current scenario, most of the emerging nations are highly impacted by the COVID-19 pandemic. For such developing nations, the recovery of the economy is difficult. This might slow down the investment in production and packaging. Therefore, due to the impact of the COVID-19 pandemic the growth of the packaging machinery market might slow down.
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The packaging machinery market by revenue is expected to grow at a CAGR of 4.5% during the period 2019–2025.
The following factors are likely to contribute to the growth of the packaging machinery market during the forecast period:
• High Demand for Hygienic, Processed, and Packaged Food
• Developments in Packaging Technology
• Strong Demand for Labeling and Coding Machines
Base Year: 2019
Forecast Year: 2020–2025
The study considers the present scenario of the packaging machinery market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Prominent Vendors
• CKD Corporation
• Coesia
• GEA Group
• Krones
• Salzgitter
• Tetra Laval Group
Other Prominent Vendors
• Aetna Group
• Barry-Wehmiller Companies
• Belco Packaging System
• Duravant
• Fuji Machinery
• Lantech
• Norden Machinery
• Syntegon Technology
• The Adelphi Group of Companies
By Product
• F&B
• Pharmaceuticals
• Household
• Industrial, and Agricultural Chemicals
• Personal Care, Toiletries, and Cosmetics
• Others
By End-user
• Filling & Dosing Machinery
• Labeling & Coding Machinery
• Bottling Machinery
• Form -Fill -Seal (FFS) Machinery
• Cartoning Machinery
• Palletizing Machinery
• Wrapping & Bundling Machinery
• Others
By Geography
• North America
• US
• Canada
• Europe
• UK
• Germany
• France
• Italy
• Spain
• APAC
• China
• Japan
• South Korea
• Australia
• India
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
• Saudi Arabia
• UAE
• South Africa
• Turkey
• Egypt
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Source: Packaging Machinery Market - Global Outlook And Forecast 2020-2025 by Arizton Advisory & Intelligence
About Arizton Advisory & Intelligence
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-235-2040/+1 302 469 0707
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