Global packaging equipment market size valuation to surpass USD 51 billion by 2027

The latest business intelligence report on ‘global packaging equipment market’ aims to provide detailed information about driving factors & challenges influencing the industry growth trajectory over 2021-2027.


Selbyville, Delaware, June 23, 2021 (GLOBE NEWSWIRE) -- According to estimates by seasoned analysts and forecasters, worldwide packaging equipment market size was worth USD 41.52 billion in 2020 and is predicted to record a compound annual growth rate of 3% over 2021-2027, attaining a valuation of USD 51.06 billion by the end of the forecast period.

As per the report, the industry landscape is divided based on product type, and end-user spectrum. These sub-markets are thoroughly analyzed with respect to important metrics like size, share, and growth rate. Moreover, an extensive qualitative and quantitative analysis with respect to geographical scope of the industry is also entailed in the study.  

Proceeding further, a rundown of the competitive hierarchy, as well as strategies adopted by major vendors, such as new product launches, acquisitions, partnerships, and mergers, are included to provide a better understanding of market dynamics.

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As per findings of the report, increase in consumption of ready-to-eat products, and rising disposable income levels of consumers are the market growth. Furthermore, growing awareness about retaining quality and sustainability of food products is also enhancing the overall industry outlook.

Moreover, advanced technologies such as 3D printing intelligent packaging, fully automated solutions, and IoT are likely to create ample opportunities for industry development in the upcoming years. For instance, a U.S. based company, Smart Cups introduced a range of 3D printed cups which have ingredients embedded in packaging and produce energy drinks when mixed with water.

For those uninitiated, packaging equipment are machines used for product packaging operations such as cleaning, filling, fabrication, labelling, sealing, combining etc.

Despite the positive outlook of global packaging equipment market, high capital requirements of intelligent packaging as compared to traditional packing equipment is negatively impacting the business dynamics. Further, strict food packaging rules and regulations imposed by governments are expected to impede market growth in the upcoming years.

Market segmentation overview:

Based on product type, global packaging equipment market is arrayed into cartoning, filling, palletizing, wrapping, cleaning & sterilizing, labelling, and form, fill & seal (FFS) machines.

Elaborating on the end-user spectrum, the industry segmentation comprises food & beverages, chemicals, cosmetics, pharmaceuticals and other end-users.

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Geographical bifurcation summary:

Global packaging equipment market size spans across North America, Asia Pacific, Europe, and Latin America. Analysts cite that Europe accounted for a majority market share in 2020, with Germany being the fastest growing country. The remarkable growth can be attributed to escalating demand of packaging solutions from pharmaceutical manufacturers along with high pharmaceutical production. In addition, rising product diversification among manufacturers across various end-user industries is supporting the industry progression in the region.

Global Packaging Equipment Market, by Product Type (Revenue, USD Billion, 2018-2027)

  • Cartoning Machines
  • Filling Machines
  • Palletizing Machines
  • Wrapping Machines
  • Cleaning & Sterilizing Machines
  • Labelling Machines
  • Form, Fill & Seal (FFS) Machines

Global Packaging Equipment Market, by End-User Scope (Revenue, USD Billion, 2018-2027)

  • Food & Beverages
  • Chemicals
  • Cosmetics
  • Pharmaceuticals
  • Others

Global Packaging Equipment Market, Geographical Landscape (Revenue, USD Billion, 2018-2027)

North America

  • U.S.
  • Canada

Europe

  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • ROE

Asia Pacific

  • China
  • South Korea
  • India
  • Australia
  • Japan
  • RoAPAC

Latin America

  • Brazil
  • Mexico

Rest of the World

Global Packaging Equipment Market, Competitive Gamut (Revenue, USD Billion, 2018-2027)

  • Robert Bosch GmbH
  • Langley Holdings plc
  • Fuji Machinery Co. Ltd.
  • Duravant LLC
  • Coesia S.p.A.
  • CKD Corp.
  • Barry-Wehmiller Companies Inc.
  • B & H Manufacturing Company Inc.
  • Aetna Group S.p.A. 
  • Adelphi Group of Companies

Table of Content:

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Packaging Equipment Market, by region, 2019-2027 (USD Billion)

1.2.2. Packaging Equipment Market, by Type, 2019-2027 (USD Billion)

1.2.3. Packaging Equipment Market, by End User , 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Packaging Equipment Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Packaging Equipment Market Dynamics

3.1. Packaging Equipment Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Rapid consumption of ready-to-eat food products

3.1.1.2. Increased awareness about product quality and sustainability

3.1.1.3.

3.1.2. Market Restraint

3.1.2.1. Standards set by authorities and government

3.1.3. Market Opportunities

3.1.3.1. Technologies such as 3D printing, IoT and fully automatic machines 

Chapter 4. Global Packaging Equipment Market Industry Analysis

4.1. Porter's 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Packaging Equipment Market, by   Type

5.1. Market Snapshot

5.2. Global Packaging Equipment Market by   Type, Performance - Potential Analysis

5.3. Global Packaging Equipment Market Estimates & Forecasts by   Type  2018-2027 (USD Billion)

5.4. Packaging Equipment Market, Sub Segment Analysis

5.4.1. Filling Machines

5.4.2. Form, Fill and Seal (FFS) Machines

5.4.3. Cartoning Machines

5.4.4. Palletizing Machines

5.4.5. Labelling Machines

5.4.6. Wrapping Machines

5.4.7. Cleaning & Sterilizing Machines

Chapter 6. Global Packaging Equipment Market, by End User

a. Market Snapshot

6.1. Global Packaging Equipment Market by   End User, Performance - Potential Analysis

6.2. Global Packaging Equipment Market Estimates & Forecasts by  End User 2018-2027 (USD Billion)

6.3. Packaging Equipment Market, Sub Segment Analysis

6.3.1. Food and Beverages

6.3.2. Pharmaceuticals

6.3.3. Chemicals

6.3.4. Cosmetics

6.3.5. Others

Chapter 7. Global Packaging Equipment Market , Regional Analysis

Related Report:

Advanced Packaging Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026

The advanced packaging market is poised to accumulate noteworthy gains in coming years owing to high product adoption across numerous application avenues such as healthcare, automotive, consumer electronics, aerospace & defense among others. Advanced packaging was developed to improve the performance of device and simultaneously shrink the packages. It is termed as a general grouping of a variety of different techniques such as system-in-package, 3D-IC, 2.5D, and fan-out wafer-level packaging.

Systems and appliances in several domains such as transportation systems, industrial, home appliances, medical, information among many others comprise of semiconductor chips. In fact, the process of semiconductor packaging is one of the most emerging sectors. Semiconductor packaging materials are known to be a class of electronic solutions utilized to form the connection of IC chip to the packaging substrate. The growth is attributed to the growing adoption of AI chipsets across healthcare applications mainly for remote monitoring, which is further likely to increase the demand for advanced packaging. In addition, the growing need for advanced packaging for miniaturized devices is also driving the product demand across healthcare application.

Global Insulated packaging Market Size study and Regional Forecasts 2020-2027

Global Insulated packaging Market to reach USD 18.01 billion by 2027. Global Insulated packaging Market is valued approximately USD 10.72 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.7 % over the forecast period 2020-2027. Insulated Packaging is a combination of materials which offer low thermal conductivity along with high resistance. The material is majorly used for shipping of temperature sensitive products for maintaining product freshness and efficiency. It plays a significant role in eliminating the effects of variable temperature keeping the product warm, frozen or refrigerated and protecting the product from physical damage. The packaging is majorly used in a wide range of end-use industries such as chemical, food and beverage, healthcare and personal care and more.  The escalated growth in the Food and beverage industry along with increase in demand for Higher food quality drives the market growth.

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