Press release
End-of-Line Packaging Market Size Worth USD 7.27 Billion by 2030 | CAGR: 5.27%: DBMR
The persuasive End-of-Line Packaging Market report has been prepared by taking into account several aspects of marketing research and analysis which includes market size estimations, market dynamics, company & market best practices, entry level marketing strategies, positioning and segmentations, competitive landscaping, opportunity analysis, economic forecasting, industry-specific technology solutions, roadmap analysis, targeting key buying criteria, and in-depth benchmarking of vendor offerings. This report gives CAGR values along with its fluctuations for the specific forecast period. Thus, wide-ranging market information of the universal End-of-Line Packaging Market report will surely grow business and improve return on investment (ROI).To Gain More Insights about this Research, Visit https://www.databridgemarketresearch.com/reports/global-end-of-line-packaging-market
An end-of-line packaging solution for a manufacturing unit aids in automating the entire packaging process and manufacturing process. Automation of processes in machines supports to rise the production quantity for any manufacturing and help to rising the demand. The development in the automated solution currently provides to an extensive range of sectors in manufacturing, including cosmetics, nonwovens, food and beverage, pharma & biotech, and even chemicals. The augmented promise of expanding reach of the application and cost-efficiency remain the major drivers in end-of-line packaging market.
Data Bridge Market Research analyses that the end-of-line packaging market was valued at USD 4.82 billion in 2021 and is expected to reach USD 7.27 billion by 2029, registering a CAGR of 5.27% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
The collection of equipment and machinery which is used to finish the shipping package before the shipments or final transportation of the products is well-known as end-of-line packaging. This type of system helps to meeting the rising demands of end-users while also confirming the smooth operation of the procedures which has involved. This equipment comprises packers and sealers, palletizers, carton erectors, stretch wrappers, and any other secondary equipment required to complete packing for transportation.
Some of the major players operating in the end-of-line packaging market are:
Robert Bosch GmbH (Germany)
DS Smith (UK)
Combi Packaging Systems, LLC (US)
ProMach (US)
RADPAK (Europe)
FlexLink (Sweden)
Synerlink (France)
Shemesh Automation LTD. (UK)
Uhlmann, (Germany)
Akash Packtech (P) Ltd. (India)
Schneider Packaging Equipment Company, Inc (US)
Festo Inc (Germany)
OPTIMA packaging group GmbH (Germany)
Massman Automation Designs, LLC (US)
B&R (Austria)
Busch Machinery Inc (US)
Lantech, (US)
EndFlex, (US)
Endoline Machinery Ltd (UK)
Duravant. Company (US)
Fromm Group (Switzerland)
Coesia Group (Italy)
Drivers
Higher demand in automation
The large use of the e-shopping and internet in the globe becoming a global marketplace, there is huge demand for products from all over the world. The need for the products includes all types of luxury items and commodities. For instance, the world-wide population will upsurge in multiple folds during forecast period. That means people will need more food which increase the Production of food. To deliver the product proficiently and meet all the standard supplies, end-of-line automation is required so that the worldwide population does not face a lack of food or any other necessary product
Reduce production rate and workforce
Increasing demand for decrease the production costs and workforce is anticipated to increase the growth of end of line packaging market. End-of-line packaging decrease the chances of risk due to human blunder and improved the overall production process. This is likely to fuel the market growth of the end-of-line packaging.
Use of robotic system in packaging
The robot hands are rapidly introduced in the process of packaging to improve the efficiency of production. The robotic systems in packaging reduce the physical tasks. A robotic arm allows to augment the efficiency in production which is leading to high revenues on investment and low functioning costs. In end-of-line packaging use robotic system for lightweight packaging because it decreases the risk of damage.
Global End-of-Line Packaging Market Scope
The end-of-line packaging market is segmented on the basis of technology, order type, function and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
Automatic
Semi-Automatic
Order Type
Customized Order
Standard Order
Function
Stand Alone
Integrated
Labelling
Palletizing
Stretch wrapping
Carton Erecting Sealing
Packing
Others
End User
Food and Beverages
Pharmaceutical
Electronics and Semiconductor
Automotive
Chemical Products
Consumer Products
Others
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About Data Bridge Market Research:
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