Packaging Machinery Market 2022 Driving Factors Forecast Research 2028

The global packaging machinery market is anticipated to grow at a considerable CAGR of 4.7% during the forecast period. Some crucial factors encouraging the growth of the global packaging machinery market include a significant rise in the food and beverage industry and emerging demand for advanced packaging machinery. For instance, as per Food Drink Europe, the food and drink industry are a major contributor to Europe's economy. In April 2022, the food and drink industry generates $1.2 trillion in turnover with a value added of $259 billion making it the largest manufacturing sector in Europe and a major contributor to Europe's economy. Packaging machinery has a significant role in all over packaging operations that comprises primary packages to distribution packages. It is used in multiple packaging processes, such as cleaning, sealing, fabrication, labeling, filling, overwrapping, combining and palletizing.

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The major points to consider while opting for packaging machinery include floor space, labor requirements, and evaluation of technical capabilities. Additionally, maintenance, reliability, flexibility, productivity and ability to integrate into the packaging line are further some important things to consider while choosing packaging machinery. New product developments launch by market players are further aid in market growth. For instance, in March 2022, Alston & Bird client New England machinery has acquired by The Massman Companies. The additions of NEM to The Massman Companies enable full-line solutions from bottle to pallet and deliver filling and packaging line solutions for bottle through drum and tote container applications.

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• Market Coverage
• Market number available for - 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Packaging Machinery Market by Machine Type
o Filling and Dosing
o Form-Fill-Seal (FFS)
o Labeling and Coding
o Closing and Sealing
o Wrapping and Bundling
o Others (Palletizing and De-palletizing
Machines and Cartoning Machine)

Global Packaging Machinery Market by End-User
o Food and Beverage
o Personal care
o Pharmaceutical
o Chemical
o Others (Electronics and Industrial)

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Aetna Group
o Asian Packing Machinery Pvt. Ltd.
o Bajaj Processpack Ltd.
o Barry-Wehmiller Group Inc.
o Combi Packaging Systems LLC
o Dover Corp.
o Duravant LLC
o Illinois Tool Works, Inc.
o Krones AG
o Mamata Enterprises, Inc.
o Marchesini Group S.p.A.
o Mespack India
o Multivac Sepp Haggenmüller Se & Co. Kg
o Nichrome India Ltd
o Omori Machinery Co., Ltd.
o Orbital Food Machinery
o Pakona Engineers (India) Pvt Ltd.
o ProMach Inc.
o Reynolds Group Holdings Ltd.
o Syntegon Technology GmbH
o Sealed Air Corp.
o Tetra Pak International S.A.
o Toyo Seikan Group Holdings Ltd.
o WeighPack Systems, Inc.

The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global packaging machinery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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