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Global Vertical Packaging Machines Market: Need for Cost-effective and Time-saving Packaging to Boost Adoption

10-24-2016 12:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR - Research Reports

/ PR Agency: Transparency Market Research
The global vertical packaging machines market is driven by the high speed of uninterrupted packaging, provided at a low cost by these machines, states a new report by Transparency Market Research (TMR). The report is titled, “Vertical Packaging Machines Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.” According to the report, the market is estimated to witness a steady CAGR from 2016 to 2024. The report is a comprehensive analysis of macro-economic indicators, trends, opportunities, and other factors governing the global vertical packaging machines market. It discusses the performance of the market and its key segments. The study also assesses the potential of geographical areas likely to exhibit promising growth.

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Vertical packaging machines assist in enhancing the safety of the contents and increasing product shelf life. These machines can efficiently and effectively pack a wide range of products such as coffee, tortellini, and fresh and frozen vegetables. This is one of the key drivers of the market. Moreover, products packed with vertical packaging machines have an attractive presentation.

High labor costs make manual packaging unfeasible for end-user industries, creating a need for vertical packaging machines. These packaging machines make use of inert gas in place of air, thus combating oxidation and resulting in extended life of the product. Another important feature of these machines that is driving their demand is the flexibility to allow printer and labelers to be added separately or in combination, thus producing packaged products faster than those by traditional packaging machines. On the other hand, one of the constraints with vertical packaging machines is that they can only produce pillow style pouches with a seam running the length of the pouch.

The report segments the global vertical packaging machines market on the basis of product type, application, geography, and end-user industry. On the basis of application, the market is segmented into solid, liquid, and powder. On the basis of end-use, the report segments the global vertical packaging machines market into consumer products, pharmaceuticals, and food and beverages. By product, the market is segmented into 3-side sealed and 4-side sealed vertical packaging machines. By geography, the report segments the market into Latin America, North America, Europe, Asia-Pacific and the Middle East & Africa.

Key manufacturers in the global vertical packaging machines market have been profiled in the report. They are: Pro Mach, Técnicas Mecánicas Ilerdenses, IMANPACK Packaging & Eco Solutions S.p.a., Robert Bosch GmbH, Kizui Packaging Machinery Co. & Boecker, Ishida Europe Limited, Jornen Machinery Co., Ltd., Premier Tech Chronos, and TMI.

About TMR

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.

Contact TMR

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Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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