End of Line Packaging Market set to Surpass US $ 6 Bn by 2024, on the Backdrop of Increasing Degree of Automation Across Industries

Transparency Market Research (TMR) delivers key insights on the global end-of-line packaging market in its latest report titled ‘End-of-line Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2026’. In terms of value, the global end-of-line packaging market is projected to expand at a CAGR of over 4.0% during the forecast period (2016–2026), due to various factors, regarding which TMR offers vital insights in detail in this report.

Get the Full Report at:
http://www.transparencymarketresearch.com/end-of-line-packaging-market.html

Increasing demand for consumer goods has prompted manufacturing companies to incorporate innovative automation through to end-of-line. However, one of the major challenges in doing so is to ensure the automation performance aligns as per the customer’s demand. Another major challenge for market players is lack of centralized purchasing. Most of the manufacturers are dependent on various vendors and distributors for standalone machineries in order to integrate the complete end-of-line packaging solutions. This can cause delays in manufacturing process. The published report by TMR details all the issues and challenges encountered by the industry and also offers opportunities for end-of-line packaging solutions providers.

The global end-of-line packaging market is segmented based on technology into automatic and semi-automatic. On the basis of function, the global end-of-line packaging market is segmented into standalone and integrated. The integrated segment is estimated to be the most attractive segment over the forecast period. All integrated systems has been considered as customized or tailor made. A certain share of standalone unit sales has been considered as customized. The standalone segment is further segmented into machineries used for palletizing, carton erector, packaging and sealing, stretch wrapping, labeling, and others. On the basis of received order type, the global end-of-line packaging market is segmented into standard order and customized order. On the basis of end-use industries, the global market is segmented into food and beverages, pharmaceuticals, automotive, electronics and semiconductor, and chemical products among others. The pharmaceuticals segment is expected to exhibit highest growth over the forecast period.

Get the Sample Report at:
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9278

Regionally, the global end-of-line packaging market is segmented into North America, Europe, Latin America, Asia Pacific (APAC), and Middle East and Africa (MEA). Europe is estimated to dominate the global end-of-line packaging market, followed by North America. Revenue from sales of end-of-line packaging in Asia Pacific is expected to increase at the highest CAGR over the forecast period.

Key players in the global end-of-line packaging market include Krones AG, IMA S.p.A., Bosch Packaging Technology, DS Smith Plc., Pro Mach, Inc., Combi Packaging Systems LLC, Festo Corporation, Schneider Packaging Equipment Co. Inc., and Gebo Cermex.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact TMR

Mr.Sudip S
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.