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Packaging Machinery Market To Witness Massive Growth By 2032: Aetna Group S.p.A., B&H Manufacturing Company Inc., Barry-Wehmiller Companies Inc., CKD Corporation
Packaging Machinery Market
As per the packaging machinery market report by The Business Research Company, the increasing demand for packaged food and beverages is expected to propel the growth of the packaging machinery market going forward. The changing lifestyles of consumers have led to high demand for processed and convenience food and beverage products. In emerging countries, the expanding working population has a greater need for processed foods and higher consumption of convenience foods. Also, due to COVID-19, eating preferences, consumers' attitudes, behaviors, and purchasing habits have changed, leading to the adoption of packaged food and beverages.
The global packaging machinery market size grew from $41.23 billion in 2022 to $43.54 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The packaging machinery market size is expected to grow to $54.43 billion in 2027 at a CAGR of 5.7%.
Read More On The Packaging Machinery Market Report Here:
https://www.thebusinessresearchcompany.com/report/packaging-machinery-global-market-report
Major competitors in the packaging machinery market 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, Maillis Group, ProMach, Packsys Global Ltd., Prosy's Innovative Packaging Equipment.
The packaging machinery market is segmented -
• By Machine Type: Filling, Labeling, Form-Fill-Seal, Cartoning, Wrapping, Palletizing, Bottling Line
• By Technology: General Packaging, Modified Atmosphere Packaging, Vacuum Packaging
• By Business: OEM, Aftermarket
• By End-Use: Beverages, Food, Chemicals, Personal Care, Pharmaceuticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the packaging machinery market.
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The packaging machinery market consists of sales of box cutters and safety knives, heat sealing and shrink wrapping, industrial scales, packing dispensers, tands and air pillows, packing tapes, dispensers, plastic strapping equipment, staple guns, steel banding, and others. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Packaging Machinery Market Include:
1. Executive Summary
2. Packaging Machinery Market Characteristics
3. Packaging Machinery Market Trends And Strategies
4. Packaging Machinery Market - Macro Economic Scenario
5. Packaging Machinery Market Size And Growth
6. Packaging Machinery Market Segmentation
............
27. Packaging Machinery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Packaging Machinery Market
29. Packaging Machinery Market Future Outlook And Potential Analysis
30. Appendix
The "Global Packaging Machinery Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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