Packaging Machine Market by Machine Type, End-Use Industry, Technology and Region – Global Forecast to 2027 – ResearchAndMarkets.com


DUBLIN–()–The “Packaging Machinery Market by Machine Type (Filling, Labeling, Form-Filling, Packaging, Wrapping), End-Use Industry (Food, Pharmaceuticals, Beverages, Chemicals), Technology and Region – Global Forecast to 2027 “ added to the report ResearchAndMarkets.com offering.

The packaging machinery market is expected to grow from USD 46.4 billion in 2022 to USD 56.7 billion by 2027, growing at a CAGR of 4.1%.

By machine type, filling machine accounts for the largest share of the packaging machine market over the forecast period

Based on machine type, the packaging machine market is segmented into filling, labeling, form filling, sealing, cartoning, palletizing, wrapping, and other machines. The filling segment accounts for the largest share of the packaging machinery market. Filling machines are used to fill products into bags, pouches or containers. There are various machines for filling liquids, pastes, powders or granular materials.

From manufacturing to shipping, packaging is one of the most important processes in any manufacturing unit. In the past, packaging was often done by hand; However, with the introduction of filling machines, the packaging process has become easier and more efficient. There are also integrated systems on the market that can automatically perform the functions of filling, packing and cartoning.

By end-use sector, food production has a larger share in the estimated period

On the basis of end-use industry, the packaging machinery market is segmented into chemical, pharmaceutical, food & beverage, and others. In 2021, the food industry accounted for the largest share of the packaging machinery market.

Asia Pacific holds the largest share of the packaging machine market by region

The regions studied in this report include North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is the largest market for packaging machines. This market is also the fastest growing segment in the region. Asia Pacific was the largest market for packaging machinery in 2021.

APAC countries are expected to witness significant demand for packaging machines due to rapid economic development and government initiatives for economic development. In addition, the growing population in these countries creates a strong customer base, which leads to the growth of the packaging machine market in this region.

Market dynamics

Drivers

  • The market for generics and biopharmaceuticals is growing rapidly

  • The need for flexible and integrated packaging machines is increasing

  • Technological advances in the filling production process

Restrictions

  • Refurbished machinery is preferred

Opportunities

  • Increasing pharmaceutical production in developing economies

  • The demand for automation in the food and beverage industry is increasing

Challenges

  • The demand for personalized and precision medicine is increasing

  • Maintain the sterility of filling production operations

  • Shortens the shelf life of dairy products

Featured companies

  • Aetna Group SPA

  • Barry-Wemiller Group

  • Busch machinery

  • Coeasia SPA

  • Douglas Machine Inc.

  • Duravant Ltd

  • Gea Group Aktiengesellschaft

  • Gerhard Schubert

  • Jacob White packaging

  • Khs Group

  • Langley Holdings plc

  • Marchesini Group

  • Mg America

  • Mg SRL

  • Njm packaging

  • Packaging Center Inc.

  • Pacmatic

  • RA Jones Group

  • Sakmi

  • Sig Combibloc Group Ag

  • Syntegon Packaging Technology GmbH

  • Tetra Laval Group

  • Maillis Group

  • Uhlmann Group

  • Screw

For more information on this report, visit https://www.researchandmarkets.com/r/4qearj



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