Multilane Stick Pack Machines Market Size And Segment Markets By Regions, Types, Applications and Forecast 2025

"The Latest Research Report Multilane Stick Pack Machines Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

This exclusive report will provide you with the market size and forecast (US$ Mn) for the global market and its segments for the period from 2015 to 2025 along with the growth rate (CAGR) from 2017 to 2025, considering 2016 as base year. In addition, drivers, restraints and opportunities, competitive landscape have also been covered under the current proposed table of contents, which will in due course help you to take strategic decisions with respect to the market.

Stick packs have long been an ideal packaging solution, which have been designed keeping in mind the preference of the modern on-the-go consumer. The high demand for stick packs have compelled manufacturers to think of ways to increase their production output. Due to a fast-paced lifestyle, working consumers across the work have been compelled to adopt the on-the-go lifestyle. The trend is expected to continue, well supported by factors such as rising disposable income and rapid urbanization. Multilane stick pack machines enable enhanced productivity of a company. Multilane stick pack machines manufacturers emphasize on robust products, which are available with a variety of options such as tear notches, different seal patterns and shapes to suit the needs of the brands, static elimination, and embossing, among others. Many varieties of multilane stick pack machines are also available for pharmaceutical packaging. The market for stick packs is expected to witness solid growth during the next ten years, as they provide a convenient, single-serve and portable packaging solution, which suits the needs of the modern consumer. They are also considered more convenient for manufacturers to produce, compared to alternative packaging solutions. The market for multilane stick pack machines is therefore expected to grow at a good pace, and have a positive outlook, during the forecast period.

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Global multilane stick pack machines market: Dynamics

The global packaging industry has undergone substantial transformation, in the last decade. Its momentum has been dictated by the ever-evolving consumer habits, thereby creating an absolute need for customization. Over the years, consumers have adapted to the fast-paced lifestyle, with significant changes to their consumption patterns. Stick packs provide a convenient single-serve and portable packaging solution for the modern consumer and therefore enjoys high demand, which is expected to grow multiple folds in the years to come. Stick packs are travel-friendly and are therefore ideal for packaging of a variety of products such as powdered drink mixes, sweeteners, vitamins & nutritionals. Therefore, there has been a growing demand for increase in the production capacity of stick pack manufacturing companies. To cater to the growing demand, stick pack manufacturers have to opt for automated production, which in turn, fuels the growth of the global multilane stick pack machines market. Therefore, higher demand for packaging solutions which are portable and single-serve units is the key demand side driver for the growth of the global multilane stick pack machines market. In addition, stick pack as a packaging format requires 10% to 40% less packaging material than a conventional rectangular pouch. Therefore, there are obvious benefits in the production of stick packs.

Global multilane stick pack machines market: Segmentation

The global multilane stick pack machines market has been segmented as follows –

On the basis of product type, the global multilane stick pack machines market has been segmented into –

Automatic multilane stick pack machines
Manual multilane stick pack machines

On the basis of no. of lanes, the global multilane stick pack machines market has been segmented into –

Less than 10 lanes
10 lanes to 15 lanes
More than 15 lanes

On the basis of speed, the global multilane stick pack machines market has been segmented into –

Less than 40 cpm
40 cpm – 60 cpm
60 cpm – 80 cpm
More than 80 cpm

On the basis of end use industry, the global multilane stick pack machines market has been segmented into –

Food & Beverage industry
Pharmaceutical Industry

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Global multilane stick pack machines market: Geographical Outlook

The global multilane stick pack machines market has been divided into seven core region –

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Japan
Middle East & Africa (MEA)

The North America multilane stick pack machines market is expected to be the largest contributor to the revenues generated by the global multilane stick pack machines market. This is attributed to the high demand for stick packs in the U.S. and Canada, supported by strong preference for on-the-go consumption. The Asia Pacific multilane stick pack machines market excluding that of Japan, is expected to closely follow the North America multilane stick pack machines market, and is expected to register meteoric growth in demand with increasing penetration of on-the-go lifestyle, coupled with rapid urbanization in the key emerging economies such as China and India.

Global multilane stick pack machines market: Key Players

Few of the key players operating in the global multilane stick pack machines market are - Viking Masek Global Packaging, Nichrome Packaging Solutions, Hassia-Redatron GmbH, Turpack Makine Sanayi ve Ticaret Ltd. Sti., and Robert Bosch GmbH, among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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