Packaging Machinery Market Worth $70,532.6 Million by 2027 | Aetna Group S.p.A., B&H Manufacturing Company, Inc., Barry-Wehmiller Companies, Inc., CKD Corporation

The packaging machinery market has witnessed significant growth over the past decade, owing to the rise in investment in various end-user industries such as Pharmaceuticals, healthcare, chemicals, and others. A number of players are expanding their business around the globe, owing to increased customer base, enhanced effective operations, developed product portfolios, and expanded geographical reach. This is anticipated to fuel the demand for the packaging machinery.

According to a new report published by Allied Market Research, titled, "Packaging Machinery Market by Type, and End-User: Global Opportunity Analysis and Industry Forecast, 2020–2027," the global packaging machinery market size was valued at $47.9 billion in 2019, and is projected to reach $70.5 billion by 2027, registering a CAGR of 5.1% from 2020 to 2027.

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Packaging Machinery Market by Type (Filling Machines, Form, Fill and Seal Machines (FFS), Cartoning Machines, Palletizing Machines, Labelling Machines, Wrapping Machines, and Cleaning & Sterilizing Machines), and End User (Food & Beverage, Pharmaceutical, Chemicals, Cosmetics, and Others)

The packaging machinery market has witness increased adoption owing to factors such as rise in applications of packaging machinery in a wide range of industries across food & beverages, healthcare, cosmetics, and other consumer goods as well as a range of industrial sectors where packaging has become essential, with its usage increasing broadly in line with the global economy.

Key Players

The key players profiled in the packaging machinery market report include Aetna Group S.p.A., B&H Manufacturing Company, Inc., Barry-Wehmiller Companies, Inc., CKD Corporation, Coesia S.p.A., Duravant LLC, Fuji Machinery Co., Ltd., Langley Holdings, PLC, Robert Bosch GmbH, and The Adelphi Group of Companies.

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Key Benefits for Stakeholders:

The report provides an extensive analysis of the current and emerging packaging machinery market trends and dynamics.

In-depth market analysis is conducted by constructing estimations for the key segments between 2019 and 2027.

Extensive analysis of the packaging machinery market is conducted by following key product positioning and monitoring of the top competitors within the market framework.

A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.

The global packaging machinery market forecast analysis from 2019 to 2027 is included in the report.

The key market players operating in the market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the industry.

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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 domains.

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