Global Packaging Machining market is projected to cross USD 61.8 Billion by 2024, growing at a CAGR of over 7% during the forecast period. Factors, such as increasing applications of packaging machinery in a wide range of industries across food and drink, healthcare, cosmetics, and other consumer goods and increasing adoption of automated packaging machines are propelling the growth of the Global Packaging Machining market during the forecast period. Based on the product type, the Global Packaging Machining market has been segmented into Bottling Line, Cartoning Machines, Case Handling Machines, Closing Machines, Filling & Dosing Machines, Form, Fill, & Seal Machines, Labelling, Decorating, & Coding Machines, Palletizing & De-palletizing Machines, Wrapping & Bundling Machines and Other. Owing to the increasing demand for packaging, the filling & dosing machines segment is poised to grow at the highest CAGR during the forecast period. Based on the end use, the Global Packaging Machining market is categorised into Food & Beverages, Homecare & Personal Care, Healthcare, Industrial and Others. Food & beverage segment occupied the lion share in 2017 and is expected to grow at a higher CAGR during the forecast period, due to significant growth in the consumption of the packaged food in the developing as well as developed economies of the world. Geographically, the market has been segmented into Asia-Pacific, North America, South America, Middle East & Africa and Europe. Asia-Pacific is expected to hold the largest market size in the forecast period. The dominance of the Asia-Pacific region is due to the presence of many food & beverage and personal care product manufacturers in the region.
Years considered for this report
Historical Year 2014-2017
Base Year 2018
Estimated 2019
Forecast 2020-2024
Objective of the Study
- To analyse and forecast the market size of Global Packaging Machining Market, in terms of value and volume.
- To classify and forecast Global Packaging Machining Market based on product type, technology type, end use and regional distribution.
- To identify drivers and challenges for Global Packaging Machining Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Packaging Machining Market.
- To conduct the pricing analysis for Global Packaging Machining Market.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Packaging Machining.
Click here to download the brochure
Some of the leading players in the Global Packaging Machinery Market are Adelphi Packaging Machinery, Aetna Group, B&H Labelling Systems, Barry-Wehmiller Companies, Inc., Bosch Packaging Machinery, Bradman Lake Group, CKD Group, Coesia SpA, Fuji Machinery Company, Harland Machine Systems Ltd., etc.
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.
Market Insights Research calculated the market size of Global
Key Target Audience
- Manufacturers
- Suppliers of Packaging Machines
- Traders and Distributors
- Market Research Firms
- Government Institutions
- Industry associations and experts
- Research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
