Global Food Packaging Machinery Market to grow at a CAGR of 6.61% during 2016-2020

Food packaging machinery is a type of device, which provides assistance for packaging food products before storage and distribution networks dispatch. The food packaging machinery is broadly used for labeling, filling, coding, and wrapping products. Packaging food products safeguards the food, checks its stability throughout the supply chain, and resists changes in temperature to maintain its quality and hygiene.

Technavios analysts forecast the global food packaging machinery market to grow at a CAGR of 6.61% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global food packaging machinery market for 2016-2020. To calculate the market size, the report considers the revenue generated by global providers of food packaging machinery.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Food Packaging Machinery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Bosch Packaging Technology
Coesia
Illinois Tool Works
GEA Group
MULTIVAC
Tetra Laval

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Other prominent vendors
Accraply
Adelphi
AMF Bakery Systems
Arpac
Bradman Lake
Graphic packaging Holding
Harland Machine Systems
Heat and Control
IMA
Ishida
JBT
KHS
Nichrome
Omori Machinery
Orion Packaging System
IMA Dairy & Food Holding
Sealed Air
Krones
Weber Marking Systems.

Market driver
Increased demand for food packaging
For a full, detailed list, view our report

Market challenge
Lack of effective product differentiation
For a full, detailed list, view our report

Market trend
Use of thinner packaging materials
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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