Packaging Machinery Market 2022-2027 | Worth US$ 65.6 Billion | CAGR of 4.4%

Packaging Machinery Market Overview:

The latest report by IMARC Group, titled "Packaging Machinery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global packaging machinery market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global packaging machinery market reached a value of US$ 50.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 65.6 Billion by 2027, exhibiting at a CAGR of 4.4% during 2022-2027. Packaging machinery represents the devices that are used for packing several products and components. It includes process operations, such as fabrication, filling, combining, labeling, sealing, cleaning, palletizing, etc. Packaging machinery ensures the safety of packaged goods by protecting them against biological contamination. Furthermore, it aids in product differentiation and enhances the overall appearance of the products while extending their shelf life. Consequently, packaging machinery finds wide-ranging applications across numerous sectors, such as pharmaceutical, personal care, chemical, etc.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Packaging Machinery Market Trends:

The increasing product utilization for enhancing the appearance of fast-moving consumer goods (FMCG), such as over-the-counter pharmaceuticals, cosmetics, processed foods and beverages, etc., is primarily driving the packaging machinery market. Additionally, the inflating need for automating various processes, including bagging, packing, bottling, sealing, unpacking, lidding, inspecting, wrapping, labeling, encoding, palletizing, etc., is further catalyzing the market growth. Besides this, the rising adoption of energy-efficient packaging machinery is acting as another significant growth-inducing factor. Moreover, the escalating demand for convenient packaging solutions to protect the products from physical damage, biological contamination, degradation, and counterfeiting in an efficient manner is also positively influencing the global market. Apart from this, numerous leading manufacturers are engaging in mergers and acquisition (M&A) activities for improving the efficiency of their existing production facilities, which is anticipated to fuel the packaging machinery market over the forecasted period.

Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/packaging-machinery-market

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Bsarry-Wehmiller Companies
• GEA Group
• Illinois Tool Works
• Krones
• Robert Bosch GmbH
• Adelphi Packaging Machinery
• Aetna Group
• B&H Labelling Systems
• B&H Labelling Systems
• Bosch Packaging Machinery
• Bradman Lake Group
• CKD Group
• Coesia SpA
• Fuji Machinery Company
• Harland Machine Systems Ltd.

Key Market Segmentation:

Breakup by End-Use:

• Food
• Beverages
• Pharmaceutical and Personal Care
• Chemicals
• Others

Breakup by Machine Type:

• Filling Machines
• FFS (Form, Fill and Seal) Machines
• Cartoning Machines
• Palletizing Machines
• Labeling Machines
• Wrapping Machines
• Cleaning & Sterilizing Machines
• Others

Breakup by Technology:

• General Packaging
• Modified Atmosphere Packaging
• Vacuum Packaging

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

TOC for the Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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