Global Packaging Machinery Market Outlook, Opportunities And Strategies – Includes Packaging Machinery Market Share
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The global packaging machinery market is expected to grow from $39.23 billion in 2021 to $40.99 billion in 2022 at a compound annual growth rate (CAGR) of 4.49%. The global packaging machinery market size is expected to reach $50.70 billion in 2026 at a compound annual growth rate (CAGR) of 5.45%.
The increasing demand for packaged food and beverages will propel the growth of the packaging machinery market.
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The packaging machinery market consists of sales of packaging machinery by entities (organizations, sole traders, and partnerships) that refer to various machines used to pack products or components. It includes a machine for filling, labeling, form-filling, cartooning, wrapping, palletizing, bottle lining, and others. These machines are the most acceptable method for controlling and protecting products against physical, chemical, biological, and environmental factors. Through packaging machinery, companies can provide detailed information to the consumer about the products.
Global Packaging Machinery Market Segments Include:
By Machine Type: Filling, Labeling, Form-Fill-Seal, Cartoning, Wrapping, Palletizing, Bottling Line
By Technology: General Packaging, Modified Atmosphere Packaging, Vacuum Packaging
By Business: OEM, Aftermarket
By End-Use: Beverages, Food, Chemicals, Personal Care, Pharmaceuticals
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global packaging machinery market in 2021.
The introduction of new products has emerged as a key trend in packaging machinery. The demand for more packaged products is increasing in various fields, such as the food and beverage industry, resulting in more efficient and productive packaging machinery. Therefore, companies are launching newly enhanced products to meet the demand.
TBRC’s Packaging Machinery Market Report Covers:
Major Market Players: Aetna Group S.p.A., B&H Manufacturing Company Inc., Barry-Wehmiller Companies Inc., CKD Corporation, Coesia S.p.A., Duravant LLC, Fuji Machinery Co. Ltd., Langley Holdings plc, Robert Bosch GmbH, Maillis Group, ProMach, Packsys Global Ltd, Prosy’s Innovative Packaging Equipment, Turbofil Packaging Machine LLC, Liquid Packaging Solutions Inc., WeighPack Systems Inc., Wimco Ltd, Nichrome Packaging Solutions, Nordson Corp., Omori Machinery Co. Ltd., Orbital Food Machinery, Pakona Engineers (India) Pvt Ltd. and APACKS.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Packaging Machinery Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides packaging machinery market overviews, analyzes and forecasts market size, share, packaging machinery market players, packaging machinery market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s packaging machinery market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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