Packaging Machinery Market worth $56.7 billion by 2027 | Key players KHS Group (Germany), SIG Combibloc Group Ltd. (Switzerland), Tetra Laval Group. (Switzerland), Barry-Wehmiller (USA).

According to recent market research the "Packaging Machinery Market by Machine Type (Filling, Labeling, Form-Fill-Seal, Cartoning, Palletizing, Wrapping), End-use industry (Food, Pharmaceutical, Beverages, Chemical), Technology, and Region - Global Forecast to 2027", is projected to reach USD 56.7 billion by 2027 from USD 46.4 billion in 2022, at a CAGR of 4.1%. The growth of the Packaging Machinery Market is attributed to the growth of the chemical, food, and Pharmaceuticals Industry. In the chemical industry, packaging machinery is used for filling, capping, labeling, and preparing industrial cleaners and chemicals; hence the growth of the chemical industry leads to an increase in demand for packaging machinery, and overall, the market for packaging machinery also grows.

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Form-fill-seal machines (FFS) are automated packaging machines commonly used in the food, beverage, healthcare, pharmaceutical, and consumer products industries for product packaging. These machines create plastic bags from a flat roll of plastic film while simultaneously filling the bags with the product and sealing the filled bags. They can bag both solid and liquid products. Form-fill-seal machines are mainly of two types: horizontal and vertical.

Vertical form-fill-seal machines (VFFS) are mainly used by the food & beverage industry to package food products. They are also used in the healthcare industry to package highly sensitive drugs. VFFS machines produce plastic bags from a flat roll of plastic film, where they develop the bag, fill it with the product, and seal the pack simultaneously. These packaging systems are convenient for packing both solid and liquid products. VFFS machines produce high-volume efficiency packing products. They are preferred by manufacturers of various industries as they produce hygienic products in short durations, thereby increasing production efficiency.

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North America is the largest market for biopharmaceuticals. This can be attributed to factors such as the presence of key biopharmaceutical manufacturing facilities in the region, significant spending on research & development (R&D) activities, and the well-established intellectual property system for innovative biologics. Moreover, the increased productivity and efficiency in biopharmaceutical manufacturing processes and the adoption of single-use systems & automation technologies by biopharmaceutical manufacturers and contract manufacturing organizations (CMOs) are also expected to support the growth of the packaging machinery market in this region.

KHS Group (Germany), SIG Combibloc Group Ltd. (Switzerland), Tetra Laval Group. (Switzerland), Barry-Wehmiller(USA), Marchesini Group(Italy),Syntegon Technology GmbH(Germany), GEA Group Aktiengesellschaft(Germany), Sacmi(Italy), Langley Holdings(UK), Douglas Machine Inc. (USA),, Coesia S.p.A (Italy), and Maillis Group(Luxembourg) are the key players operating in the Packaging Machinery Market. Acquisitions, expansions, contracts, agreements & partnerships, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Packaging Machinery Market.

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KHS Group is a manufacturer of filling and packaging equipment with a focus on the beverage and liquid food sectors. The company runs manufacturing plants in the US, Mexico, Brazil, India, and China. The company's manufacturing facilities design and construct a full range of filling and packaging machinery to process plastic (PET) and glass containers, beverage cans, and kegs. The company has many clients, including well-known global companies like Coca-Cola, PepsiCo, Heineken, and AB InBev. The company generated revenues worth USD 1,469 million in 2021.

SIG Combibloc Group is a leading provider of packaging solutions. The company provides food items to consumers in a safe, sustainable, and reasonably priced manner. With its unique technologies and outstanding innovation capacities, SIG provides a complete range of packaging solutions and flexible filling machines and solutions for smart factories. The company has partnered with more than 200 leading food & beverage producers in more than 100 countries. SIG fills 10,000+ products in more than 50 categories in its annual production of 48 billion packets.

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