Packaging Machinery Market
Global Packaging Machinery Market Size, Share & Trends Analysis Report by Machine Type (Filling and Dosing, Form, Fill, Seal (FFS), Labeling and Coding, Closing and Sealing, Wrapping and Bundling, and Others) by End-User (Food and Beverage, Personal Care, Pharmaceutical, Chemical, and Others) Forecast 2022-2028
The global packaging machinery market is anticipated to grow at a considerable CAGR of 4.7% during the forecast period. Some crucial factors encouraging the growth of the global packaging machinery market include a significant rise in the food and beverage industry and emerging demand for advanced packaging machinery. For instance, as per Food Drink Europe, the food and drink industry are a major contributor to Europe’s economy. In April 2022, the food and drink industry generates $1.2 trillion in turnover with a value added of $259 billion making it the largest manufacturing sector in Europe and a major contributor to Europe’s economy. Packaging machinery has a significant role in all over packaging operations that comprises primary packages to distribution packages. It is used in multiple packaging processes, such as cleaning, sealing, fabrication, labeling, filling, overwrapping, combining and palletizing.
The major points to consider while opting for packaging machinery include floor space, labor requirements, and evaluation of technical capabilities. Additionally, maintenance, reliability, flexibility, productivity and ability to integrate into the packaging line are further some important things to consider while choosing packaging machinery. New product developments launch by market players are further aid in market growth. For instance, in March 2022, Alston & Bird client New England machinery has acquired by The Massman Companies. The additions of NEM to The Massman Companies enable full-line solutions from bottle to pallet and deliver filling and packaging line solutions for bottle through drum and tote container applications.
Impact of COVID-19 Pandemic on Global Packaging Machinery Market
COVID-19 pandemic has a stagnant impact on the global packaging machinery market. The demand is likely to shift drastically in the food area as the pandemic shuts down restaurants and food-service outlets. Consumers will thus continue to move to grocery purchases, for which packaging demand will rise. Consumers’ wishes to stockpile and their panic purchases of food, beverages, and home care necessities have accentuated this trend. The segments such as packaging for the food and pharmaceutical industries continue to see robust demand. High growth in demand for corrugated packaging for e-commerce and grocery deliveries also rises during the COVID-19 pandemic.
Segmental Outlook
The global packaging machinery market is segmented based on machine type and end-user. Based on machine type, the market is classified into filling and dosing, form-fill-seal (FFS), labeling and coding, closing and sealing, wrapping and bundling and others. Based on end-user, the market is classified into food and beverage, personal care, pharmaceutical, chemical and others. Based on end-users, the pharmaceutical is expected to hold the major market share during the forecast period. The growth is mainly driven augmented by its wider applications among various end-user industries such as packaging machines assists in packaging pharmaceutical products such as capsules, liquids, and antiseptic creams. A highly sophisticated and effective packaging machine is required to safeguard the drugs and medical equipment and keep them free from contamination.
Global Packaging Machinery Market Share by End-User, 2021 (%)
The Food and Beverage Segment has significant market share in Packaging Machinery market
Food and beverage industry are anticipated to grow at the stagnant rate during the forecast period. Significant rise in the food and beverage industry and the government efforts to encourage investment in the industry are some major factors boosting the food and beverage industry across several countries, such as the US, India, Germany and China. In the food and beverage packaging industry, the major focus lies on the preservation of quality and flavor of the products. Vertical Form, Fill, Seal (VFFS) packaging machines plays a crucial role in the packaging of food products. These machines are primarily essential as they enhance the speed of filling, which is a major concern for several food processors as they try to manage ever-increasing high demands and operational costs.
Regional Outlooks
The global packaging machinery market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). North America is likely to expand at the fastest rate during the forecast period. The increase in the demand for highly automated and integrated packaging machines delivering effective and providing higher processing speeds is expected to drive the market in the North American region.
Global Packaging Machinery Market Growth, by Region 2021-2028
The Asia-Pacific Is Estimated to Witness Lucrative Growth in the Market during the Forecast Period
The government initiatives to promote the growth of the food and beverage industry and the expansion of major national and international food manufacturers in the region are some crucial factors encouraging the growth of the market in the region. For instance, according to IBEF.org in July 2020, the government of India funded US$ 2.13 billion to Animal Husbandry Infrastructure Development Fund (AHIDF). Moreover, milk production is expected to rise to 330 million tons by 2024. An increase in food production and various initiatives launched by the government fueled the growth of the global packaging machinery market in the coming year.
Market Players Outlook
The major companies serving the global packaging machinery market are Coesia S.p.A., Graphic Packaging International, LLC, Krones AG, Nordson Corp., Optima Packaging Group GmbH, Bajaj Processpack Ltd., Barry-Wehmiller Group Inc., Combi Packaging Systems LLC, Dover Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2022, Fox Solutions has entered into a partnership with Redpack. This partnership will enable Fox to serve new industries that utilize flow-wrap on many items. In addition to new flow-wrap product offerings, fox solution machines are created with a very stable framework to maximize strength, reliability, and longevity, and are integrated with the most reliable drive systems for consistent efficiency.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global packaging machinery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Packaging Machinery Market
• Recovery Scenario of Global Packaging Machinery Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight and Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key CompanyAnalysis
3.1.1. Coesia S.p.A.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Graphic Packaging International, LLC
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Krones AG
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Nordson Corp.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Optima Packaging Group GmbH
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Packaging Machinery Market by Machine Type
5.1.1. Filling and Dosing
5.1.2. Form-Fill-Seal (FFS)
5.1.3. Labeling and Coding
5.1.4. Closing and Sealing
5.1.5. Wrapping and Bundling
5.1.6. Others (Palletizing and De-palletizing Machines and Cartoning Machine)
5.2. Global Packaging Machinery Market by End-User
5.2.1. Food and Beverage
5.2.2. Personal care
5.2.3. Pharmaceutical
5.2.4. Chemical
5.2.5. Others (Electronics and Industrial)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Aetna Group
7.2. Asian Packing Machinery Pvt. Ltd.
7.3. Bajaj Processpack Ltd.
7.4. Barry-Wehmiller Group Inc.
7.5. Combi Packaging Systems LLC
7.6. Dover Corp.
7.7. Duravant LLC
7.8. Illinois Tool Works, Inc.
7.9. Krones AG
7.10. Mamata Enterprises, Inc.
7.11. Marchesini Group S.p.A.
7.12. Mespack India
7.13. Multivac Sepp Haggenmüller Se & Co. Kg
7.14. Nichrome India Ltd
7.15. Omori Machinery Co., Ltd.
7.16. Orbital Food Machinery
7.17. Pakona Engineers (India) Pvt Ltd.
7.18. ProMach Inc.
7.19. Reynolds Group Holdings Ltd.
7.20. Syntegon Technology GmbH
7.21. Sealed Air Corp.
7.22. Tetra Pak International S.A.
7.23. Toyo Seikan Group Holdings Ltd.
7.24. WeighPack Systems, Inc.
1. GLOBAL PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY MACHINE TYPE, 2021-2028($ MILLION)
2. GLOBAL FILLING AND DOSING PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
3. GLOBAL FORM-FILL-SEAL PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
4. GLOBAL LABELING AND CODING PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
5. GLOBAL CLOSING AND SEALING PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
6. GLOBAL WRAPPING AND BUNDLING PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
7. GLOBAL OTHER PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
8. GLOBAL PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028($ MILLION)
9. GLOBAL PACKAGING MACHINERY IN FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
10. GLOBAL PACKAGING MACHINERY IN PERSONAL CARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
11. GLOBAL PACKAGING MACHINERY IN PHARMACEUTICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
12. GLOBAL PACKAGING MACHINERY IN CHEMICAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
13. GLOBAL PACKAGING MACHINERY IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
14. NORTH AMERICAN PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028($ MILLION)
15. NORTH AMERICAN PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY MACHINE TYPE, 2021-2028($ MILLION)
16. NORTH AMERICAN PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028($ MILLION)
17. EUROPEAN PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028($ MILLION)
18. EUROPEAN PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY MACHINE TYPE, 2021-2028($ MILLION)
19. EUROPEAN PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028($ MILLION)
20. ASIA-PACIFIC PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028($ MILLION)
21. ASIA-PACIFIC PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY MACHINE TYPE, 2021-2028($ MILLION)
22. ASIA-PACIFIC PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028($ MILLION)
23. REST OF WORLD PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY MACHINE TYPE, 2021-2028($ MILLION)
24. REST OF WORLD PACKAGING MACHINERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL PACKAGING MACHINERY MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL PACKAGING MACHINERY MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL PACKAGING MACHINERY MARKET, 2021-2028 (%)
4. GLOBAL PACKAGING MACHINERY MARKET SHARE BY MACHINE TYPE, 2021 VS 2028 (%)
5. GLOBAL FILLING AND DOSING PACKAGING MACHINERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL FORM, FILL AND SEAL PACKAGING MACHINERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL LABELING AND CODING PACKAGING MACHINERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL CLOSING AND SEALING PACKAGING MACHINERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL WRAPPING AND BUNDLING PACKAGING MACHINERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL OTHER PACKAGING MACHINERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL PACKAGING MACHINERY MARKET SHARE BY END USER, 2021 VS 2028 (%)
12. GLOBAL PACKAGING MACHINERY IN FOOD AND BEVERAGE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL PACKAGING MACHINERY IN PERSONAL CARE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL PACKAGING MACHINERY IN PHARMACEUTICAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL PACKAGING MACHINERY IN CHEMICAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL PACKAGING MACHINERY IN OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL PACKAGING MACHINERY IN OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. US PACKAGING MACHINERY MARKET SIZE, 2021-2028($ MILLION)
19. CANADA PACKAGING MACHINERY MARKET SIZE, 2021-2028($ MILLION)
20. UK PACKAGING MACHINERY MARKET SIZE, 2021-2028($ MILLION)
21. FRANCE PACKAGING MACHINERY MARKET SIZE, 2021-2028($ MILLION)
22. GERMANY PACKAGING MACHINERY MARKET SIZE, 2021-2028($ MILLION)
23. ITALY PACKAGING MACHINERY MARKET SIZE, 2021-2028($ MILLION)
24. SPAIN PACKAGING MACHINERY MARKET SIZE, 2021-2028($ MILLION)
25. REST OF EUROPE PACKAGING MACHINERY MARKET SIZE, 2021-2028($ MILLION)
26. INDIA PACKAGING MACHINERY MARKET SIZE, 2021-2028($ MILLION)
27. CHINA PACKAGING MACHINERY MARKET SIZE, 2021-2028($ MILLION)
28. JAPAN PACKAGING MACHINERY MARKET SIZE, 2021-2028($ MILLION)
29. REST OF ASIA-PACIFIC PACKAGING MACHINERY MARKET SIZE, 2021-2028($ MILLION)
30. REST OF THE WORLD PACKAGING MACHINERY MARKET SIZE, 2021-2028($ MILLION)
