Packaging Machinery Market Trends, Future Outlook, COVID-19 Impact Analysis, Forecast 2022-2028

The global packaging machinery market is anticipated to grow at a considerable CAGR of 4.7% during the forecast period. (2022-2028). The contribution of major key market players, enhances the growth of the global packaging machinery market in the coming year.
Standard-Knapp(S-K), based in Portland, unveiled its deal with EoL Packaging Experts(EoL)- In September 2019, Standard-Knapp(S-K) Connecticut, announced an agreement to partner with Eol packaging experts (EoL). The merger creates an active industry leader for end-of-line packaging machinery and systems with a presence in the US and Europe. The EoL portfolio includes A+F Automation+ Fördertechnik (A+F), and secondary packaging equipment. With A+F and Standard-Knapp packaging equipment, the company was continuously working to expand their technological advantages.

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Somic America announced an agreement with GOVA- In October 2021, Somic America has announced an agreement to provide GOYA foods a retail-ready end-of-line packaging machines. The new machine GOYA has ordered is somic's 424T2+ case packer, which provides rivals ready pack performance. The machine is designed to handle wraparound case packing of both stand-up pouches and cartons.

Graphic packaging agrees to acquire AR packaging- In March 2021, Graphic Packaging Holding Co., and CVC capital partners fund VI announced a definitive agreement with AR packaging group AB. The combination enhances graphic packaging's global scale, by providing industry-leading packaging solutions, to expand geographic reach.

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Market Coverage

• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2021-2028
• Segment Covered- by machine type, by end-user
• Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
• Competitive Landscape- Coesia S.p.A., Graphic Packaging International, LLC, Krones AG, Nordson Corp., Optima Packaging Group GmbH, Bajaj Processpack Ltd., Barry-Wehmiller Group Inc., Combi Packaging Systems LLC, Dover Corp., and others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Packaging Machinery Market- Segmentation

By Machine Type

• Portable Filling and Dosing
• Form,Fill,Seal (FFS)
• Labeling and Coding
• Closing and Sealing
• Wrapping and Bundling
• Others (Palletizing and De-palletizing Machines and Cartoning Machine)

By End-User

• Food and Beverage
• Personal care
• Pharmaceutical
• Chemical
• Others (Electronics and Industrial)

Packaging Machinery Market- Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Aetna Group
• Asian Packing Machinery Pvt. Ltd.
• Bajaj Processpack Ltd.
• Barry-Wehmiller Group Inc.
• Combi Packaging Systems LLC
• Dover Corp.
• Duravant LLC
• Illinois Tool Works, Inc.
• Krones AG
• Mamata Enterprises, Inc.
• Marchesini Group S.p.A.
• Mespack India
• Multivac Sepp Haggenmüller Se & Co. Kg
• Nichrome India Ltd

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Company Name: Orion Market Research

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