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Packaging Machinery Market 2023 | Business Overview, New Share, Trends Analysis, And Forecast To 2032
Packaging Machinery Market
The Business Research Company's Packaging Machinery Global Market Report 2023 identifies increasing demand for packaged food and beverages is expected to propel the growth of the packaging machinery market. 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.
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 market size of the packaging machinery market size is expected to grow to $54.43 billion in 2027 at a CAGR of 5.7%.
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Major players in the packaging machinery market are 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, Turbofil Packaging Machine LLC, Liquid Packaging Solutions Inc., WeighPack Systems Inc., Wimco Ltd., Nichrome Packaging Solutions, Nordson Corp., Omori Machinery Co. Ltd., Orbital Food Machinery, Pakona Engineers (India) Pvt Ltd. and APACKS.
The introduction of new products has emerged as a key trend in packaging machinery. The demand for more packaged products is increasing in various fields, such as the food and beverage industry, resulting in more efficient and productive packaging machinery. Therefore, companies are launching newly enhanced products to meet the demand.
Read More On The Global Packaging Machinery Market Report Here:
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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.
The Business Research Company's "Global Packaging Machinery Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Packaging Machinery Market Include:
1. Packaging Machinery Market Executive Summary
2. Packaging Machinery Market Segments
3. Packaging Machinery Market Size And Packaging Machinery Market Growth Rate
4. Key Packaging Machinery Market Trends
5. Major Packaging Machinery Market Drivers
……
25. Key Mergers And Acquisitions In The Packaging Machinery Market
26. Top Packaging Machinery Companies
27. Packaging Machinery Market Opportunities And Strategies
28. Packaging Machinery Market, Conclusions And Recommendations
29. Appendix
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