Packaging Equipment Market: Major Trends Reshaping the Future of the Industry

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What Will the Packaging Equipment Industry Market Size Be by 2025?
The size of the packaging equipment market has experienced consistent growth over the past years. It is projected to increase from $44.17 billion in 2024 to $45.83 billion in 2025, reflecting a 3.8% compound annual growth rate (CAGR). This growth trend during the historic period can be traced back to improvements in efficiency, the needs of the healthcare and pharmaceutical industries, urban growth and consumer demand, advancements in smart packaging technology, as well as strict regulations.

What's the Long-Term Growth Forecast for the Packaging Equipment Market Size Through 2029?
It is anticipated that the market size for packaging equipment will experience consistent expansion in the coming years, reaching a value of $55.57 billion in 2029 with a compound annual growth rate (CAGR) of 4.9%. Several factors contributing to this predicted growth during the forecast period include cost-efficiency and performance improvements, expansions in healthcare and pharmaceutical sectors, the emergence of smart packaging, quick pace of urbanization, heightened concern for food safety and hygiene, and an increased focus on customization and flexibility. Key market trends that are expected to be seen over the forecast period encompass integration with automation and industry 4.0, sustainability drives, customized and flexible solutions, advancement in smart packaging technologies, and stringent consumer safety and hygiene norms.

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What Are the Key Growth Drivers Fueling the Packaging Equipment Market Expansion?
The packaging equipment market anticipates a surge due to an increased demand for flexible and integrated packaging machinery. This specific machinery employs film processing to manufacture a diverse range of filled bags, sticks, pouches, and more. It entails an effective system that secures goods for cost-effective, safe, and proficient transit across the whole supply chain. By this process, it significantly enhances customer value, boosts sales, and consequently, raises profits. This escalates the need for packaging equipment substantially. As an example, The Association for Packaging and Processing Technologies (PMMI), an American packaging industry organization, published an October 2022 report showing an 11.2% rise in domestic shipments of packaging machinery. This led to the accumulated category value reaching $10.5 billion. Similarly, Converting machinery registered growth, with domestic shipments surging by 9.5% to reach $1.1 billion in the previous year. Hence, this escalating demand for flexible and integrated packaging machinery is fuelling the expansion of the packaging equipment market.

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Which Emerging Trends Are Transforming the Packaging Equipment Market in 2025?
Technological advancements are a key trend gaining popularity in the packaging equipment market. Major players are concentrating their efforts on creating innovative technologies to sustain their position in the packaging equipment market. For instance, in 2022, Viking Masek Packaging Technologies, a US-based manufacturer of high-performance automated packaging systems, launched the 4SC-235, an automated pouch packaging machine developed with small businesses in mind. Viking Masek has helped an entirely new client market with the invention of the 4SC-235 prefabricated pouch machine. It also provides existing brand-loyal customers with a small, highly productive, premade pouch packaging solution.

How Is the Packaging Equipment Market Segmented?
The packaging equipmentmarket covered in this report is segmented -

1) By Product: Fillers, Form Fill Seal, Lapping, Labeling, Coding, Bottling line
2) By Technology: General Packaging, Modified Atmosphere Packaging, Vacuum Packaging
3) By Application: Food And Beverage, Pharmaceuticals, Chemicals, Personal Care

Subsegments:
1) By Fillers: Liquid Fillers, Dry Fillers, Paste Fillers, Gravity Fillers
2) By Form Fill Seal (FFS): Vertical Form Fill Seal Machines: Horizontal Form Fill Seal Machines
3) By Lapping: Manual Lappers, Automatic Lappers
4) By Labeling: Automatic Labeling Machines, Semi-Automatic Labeling Machines, Labeling Systems For Different Container Types
5) By Coding: Inkjet Coders, Laser Coders, Thermal Transfer Coders
6) By Bottling Line: Bottle Rinsers, Fillers, Cappers, Labelers

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Which Companies Are Leading the Charge in Packaging Equipment Market Innovation?
Major companies operating in the packaging equipment market include Barry-Wehmiller Companies Inc., Coesia S.p.A., Krones AG, Robert Bosch Packaging Technology GmbH, Douglas Machine Inc., Dover Corporation, Illinois Tool Works Inc., Amcor plc, GEA Group AG, Graphic Packaging Holding Company, Duravant LLC, Sacmi Imola S.C., Marchesini Group S.p.A., Garvey Corporation, Accutek Packaging Equipment Companies Inc., Adelphi Group Ltd., Arpac LLC, Oystar Holding GmbH, Berhalter AG, Multivac Inc., Nichrome India Ltd., Cougar Packaging Solutions Inc., Fuji Machinery Co. Ltd., Omori Machinery Co. Ltd., Harland Machine Systems Ltd., IMA S.p.A., Ishida Co. Ltd., KHS GmbH, Kyana Packaging & Industrial Supply Inc., Practical Packaging Solutions, R.A Jones & Co. Inc.

Which Regions Are Leading the Global Packaging Equipment Market in Revenue?
Asia-Pacific was the largest region in the packaging equipment market in 2024. The regions covered in the packaging equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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