ENG
Packaging Machinery Market: Global Industry Analysis and Forecast (2024-2030) by Type, End-Users, and Region
Packaging Machinery Market size was valued at US$ 50.53 Bn in 2023. The Global Packaging Machinery Market is estimated to grow at a CAGR of 4.9% over the forecast period.
Format : PDF | Report ID : SMR_348
Packaging Machinery Market Definition:
All packaging activities, from core packages to distribution packs, rely on packaging machinery. Fabrication, cleaning, filling, sealing, labelling, overwrapping, and palletizing are all examples of packaging processes. The packaging machinery market has seen amplified acceptance due to factors such as an enhancement in applications of packaging machinery in a wide range of industries such as food & beverages, healthcare, cosmetics, and other consumer goods, as well as a range of industrial sectors where wrapping has become necessary, with usage growing in line with the global economy.
Some packing tasks are impossible to complete without the use of packaging equipment. The effectiveness of the heat seal is important to product safety in many industries, hence the heat sealing procedure must be continuously monitored with documented verification and validation protocols. Consistent sealing on packages is required by food, medicine, and medical standards. It is necessary to have the proper equipment.
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Packaging Machinery Market Dynamics:
The market is being driven by an increase in demand for packaging in consumer goods and logistics:
The rise in consumer products demand, the adoption of automated packaging equipment, and the development of energy-efficient machines are all driving demand for packaging technology. In comparison to older models, modern automated packaging machines are employed in various phases of packaging and ensure that the processes are completed in minutes rather than hours. Another significant issue that is driving the packaging machinery market is the increase in command for packaging robots from a diversity of end-user industries. Packaging machines are critical in guaranteeing product safety across the supply chain.
Packaging is required by several logistic organisations to wrap and bundle their goods and commodities. As a result, further growth in the logistics industry is likely to enhance demand for packing machines, which is boosting the market. It is due to the growing demand for safe transportation of commodities and products from one location to another. Furthermore, the E-commerce business has risen substantially in recent years, which is another major factor for driving the packaging machinery market growth.
The market's expansion is hampered by high production and import costs:
Leading market companies are focusing on integrated packaging equipment that includes wrapping, automated labelling, or pelletizing machines, lowering operation time and increasing efficiency. However, it raises the overall cost of production. Small and medium businesses find it difficult to purchase this machinery, which has a detrimental impact on exports. Furthermore, developing countries such as India and Argentina experience difficulties importing machinery due to customs duties, and these issues are limiting the packaging machinery market's growth.
In sterile environments, cutting-edge filling and dosing machines save time which is creating a huge opportunity for the market:
Manufacturers have been able to save time and manpower by using innovative packaging machines. Companies in the packing machines sector are adopting cutting-edge sterile filling technologies. For example, Lameplast, a specialist in primary packaging, unveiled their new Pentafill A25, automatic sealing and filling equipment optimised for use in sterile conditions. Innovations in filling and dosing machinery are required for dedicated and appealing products.
Packaging Machinery Market Segment Analysis:
By Type, the market is segmented as Filling Machines, Labelling Machines, Wrapping Machines, Cleaning and Sterilising Machines, and Palletizing Machines. The Filling Machines segment dominated the packaging machinery market with a 45.2% share in 2023. Filling machines take a fixed value, volume, weight, or count of the product from a bulk supply and fill it into various package shapes. Filling machines can range from simple single-head mounted devices to sophisticated rotating fillers with several filler heads that can fill hundreds of containers per minute.
However, The Labelling Machines segment is expected to grow at a CAGR of 5.3% through the forecast period. Labelling machines dispense and apply labels to many types of packaging containers, as well as display, transportation, and point-of-sale packs, or print and apply labels. Labels are used to mark, adorn, or give customers useful information about a product or brand. Favourable rules for traceability and serialisation, such as the Food Safety Modernization Act (FSMA) and the Drug Quality and Security Act (DQSA), are projected to stimulate demand for labelling machines.
By End-Users, the market is segmented as Food and Beverages, Pharmaceuticals, Chemicals, Cosmetics, and Others. The Food and Beverages segment dominated the packaging machinery market with a 38.5% share in 2023. Various forms of packing are available depending on the sort of food being packed. Various food packaging equipment is utilised to pack this food product. Vacuum packaging of products is done with a different type of food packaging machine or food packing equipment. Another element fuelling this segment's growth is an increase in government and private sector investment in the construction of new warehouses to store food.
However, The Pharmaceuticals segment is expected to grow at a CAGR of 5.3% through the forecast period. Centrifuges are used to separate liquids from solids and liquids of different densities from one another. Condensing steam and cooling liquids are condensed in cooling towers. Dryers are used to turn liquids into powders by drying them out. Granulators are machines that transform powders into granules. These basic elements are mainly used in the pharmaceuticals industry and are expected to boost the market in the forecast period.
Packaging Machinery Market Regional Insights:
The Asia Pacific region dominated the packaging machinery market with a 35.2% share in 2023. Rapid population expansion, combined with rising household spending power, is predicted to fuel demand for packaged consumer goods, boosting the market growth in the region. Furthermore, the region's developing pharmaceutical and personal care sectors are likely to propel the industry forward. The rapid rise of China's e-commerce sector is expected to boost demand for packaging equipment in the coming years. Furthermore, rising food processing, safety, and packaging technology standards, as well as favourable government policies on energy conservation and technology and equipment improvements, are likely to support market expansion.
However, the North American region is expected to grow at a CAGR of 7.3% through the forecast period. The North American packaging machinery market is likely to be driven by a substantial demand for highly automated and integrated machines that give better efficiency and higher processing speeds with lower energy usage. The demand for packaging machinery in the region is expected to rise due to rising demand for ready-to-eat meals and rising consumption of healthy and organic food products. Furthermore, various end-use industries increasing demand for automated, efficient, and flexible packaging equipment is expected to drive market expansion in the future years.
The objective of the report is to present a comprehensive analysis of the Global Packaging Machinery market to the stakeholders in the industry. The report provides trends that are most dominant in the Global Packaging Machinery market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the global market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in the Global Packaging Machinery market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Global Packaging Machinery market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the global market.
The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Global Packaging Machinery market. The report also analyses if the Global Packaging Machinery market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.
The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Global Packaging Machinery market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Packaging Machinery market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the global market is aided by legal factors.
Packaging Machinery Market Scope:
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Packaging Machinery Market |
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Market Size in 2023 |
USD 50.53 Bn. |
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Market Size in 2030 |
USD 70.62 Bn. |
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CAGR (2024-2030) |
4.9% |
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Historic Data |
2018-2022 |
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Base Year |
2023 |
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Forecast Period |
2024-2030 |
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Segment Scope |
By End-User
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By Type
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Regional Scope |
North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Packaging Machinery Market Key Players:
- KHS Group (Germany)
- SIG Combibloc Group Ltd. (Switzerland)
- Tetra Laval International S.A. (Switzerland)
- Krones AG (Germany)
- I.M.A. Industria Macchine Automatiche S.p.A. (Italy)
- Syntegon Technology GmbH (Germany)
- ProMach (U.S)
- GEA Group Aktiengesellschaft (Germany)
- Sacmi (Italy)
- Bradman Lake Ltd. (Russia)
- ROVEMA GmbH (Germany)
- Douglas Machine Inc. (U.S)
- Coesia S.p.A (Italy)
- Maillis Group (Luxembourg)
- Duravant (U.S)
Frequently Asked Questions
The Asia Pacific region is expected to hold the highest share in the Packaging Machinery Market.
The market size of the Packaging Machinery Market is expected to be 70.62 Bn by 2030.
The forecast period for the Packaging Machinery Market is 2024-2030.
The market size of the Packaging Machinery Market in 2023 was US$ 50.53 Bn.
Chapter 1 Scope of the Report
Chapter 2 Research Methodology
2.1. Research Process
2.2. Global Packaging Machinery Market: Target Audience
2.3. Global Packaging Machinery Market: Primary Research (As per Client Requirement)
2.4. Global Packaging Machinery Market: Secondary Research
Chapter 3 Executive Summary
Chapter 4 Competitive Landscape
4.1. Market Share Analysis, By Value, 2023-2030
4.1.1. Market Share Analysis, By Region, By Value, 2023-2030 (In %)
4.1.1.1. North America Market Share Analysis, By Value, 2023-2030 (In %)
4.1.1.2. Europe Market Share Analysis, By Value, 2023-2030 (In %)
4.1.1.3. Asia Pacific Market Share Analysis, By Value, 2023-2030 (In %)
4.1.1.4. South America Market Share Analysis, By Value, 2023-2030 (In %)
4.1.1.5. Middle East and Africa Market Share Analysis, By Value, 2023-2030 (In %)
4.1.2. Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.1. North America Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.1.1. USA Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.1.2. Canada Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.1.3. Mexico Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.2. Europe Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.2.1. UK Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.2.2. France Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.2.3. Germany Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.2.4. Italy Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.2.5. Spain Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.2.6. Sweden Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.2.7. Austria Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.2.8. Rest of Europe Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.3. Asia Pacific Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.3.1. China Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.3.2. India Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.3.3. Japan Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.3.4. South Korea Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.3.5. Australia Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.3.6. ASEAN Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.3.7. Rest of APAC Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.4. South America Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.4.1. Brazil Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.4.2. Argentina Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.4.3. Rest of South America Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.5. Middle East and Africa Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.5.1. South Africa Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.5.2. GCC Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.5.3. Egypt Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.5.4. Nigeria Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.2.5.5. Rest of Middle East and Africa Market Share Analysis, By End-User, By Value, 2023-2030 (In %)
4.1.3. Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4. North America Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.1.1. USA Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.1.2. Canada Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.1.3. Mexico Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.5. Europe Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.5.1.UK Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.5.2.France Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.5.3.Germany Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.5.4.Italy Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.5.5.Spain Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.5.6.Sweden Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.5.7.Austria Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.5.8.Rest of Europe Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6. Asia Pacific Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.1. China Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.2. India Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.3. Japan Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.4. South Korea Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.5. Australia Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.6. ASEAN Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.7. Rest of APAC Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.4. South America Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.4.1. Brazil Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.4.2. Argentina Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.4.3. Rest of South America Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.5. Middle East and Africa Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.5.1. South Africa Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.5.2. GCC Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.5.3. Egypt Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.5.4. Nigeria Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.4.5.5. Rest of Middle East and Africa Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.2. Stellar Competition matrix
4.2.1. Global Stellar Competition Matrix
4.2.2. North America Stellar Competition Matrix
4.2.3. Europe Stellar Competition Matrix
4.2.4. Asia Pacific Stellar Competition Matrix
4.2.5. South America Stellar Competition Matrix
4.2.6. Middle East and Africa Stellar Competition Matrix
4.3. Key Players Benchmarking
4.3.1. Key Players Benchmarking by End-User, Pricing, Market Share, Investments, Expansion Plans, Physical Presence and Presence in the Market.
4.4. Mergers and Acquisitions in Industry
4.4.1. M&A by Region, Value and Strategic Intent
4.5. Market Dynamics
4.5.1. Market Drivers
4.5.2. Market Restraints
4.5.3. Market Opportunities
4.5.4. Market Challenges
4.5.5. PESTLE Analysis
4.5.6. PORTERS Five Force Analysis
4.5.7. Value Chain Analysis
Chapter 5 Global Packaging Machinery Market Segmentation: By End-User Type
5.1. Global Packaging Machinery Market, By End-User Type, Overview/Analysis, 2023-2030
5.2. Global Packaging Machinery Market, By End-User Type, By Value, Market Share (%), 2023-2030 (USD Million)
5.3. Global Packaging Machinery Market, By End-User Type, By Value, -
5.3.1. Food and Beverages
5.3.2. Pharmaceuticals
5.3.3. Chemicals
5.3.4. Cosmetics
5.3.5. Others
Chapter 6 Global Packaging Machinery Market Segmentation: By Type
6.1. Global Packaging Machinery Market, By Type, Overview/Analysis, 2023-2030
6.2. Global Packaging Machinery Market Size, By Type, By Value, Market Share (%), 2023-2030 (USD Million)
6.3. Global Packaging Machinery Market, By Type, By Value, -
6.3.1. Filling Machines
6.3.2. Labelling Machines
6.3.3. Wrapping Machines
6.3.4. Cleaning and Sterilizing Machines
6.3.5. Palletizing Machines
Chapter 7 Global Packaging Machinery Market Segmentation: By Region
7.1. Global Packaging Machinery Market, By Region – North America
7.1.1. North America Packaging Machinery Market Size, By End-User Type, By Value, 2023-2030 (USD Million)
7.1.2. North America Packaging Machinery Market Size, By Type, By Value, 2023-2030 (USD Million)
7.1.3. By Country – U.S.
7.1.3.1. U.S. Packaging Machinery Market Size, By End-User Type, By Value, 2023-2030 (USD Million)
7.1.3.2. U.S. Packaging Machinery Market Size, By Type, By Value, 2023-2030 (USD Million)
7.1.3.3. Canada Packaging Machinery Market Size, By Value, 2023-2030 (USD Million)
7.1.3.4. Mexico Packaging Machinery Market Size, By Value, 2023-2030 (USD Million)
7.2. Europe Packaging Machinery Market Size, By Value, 2023-2030 (USD Million)
7.2.1. UK
7.2.2. France
7.2.3. Germany
7.2.4.Italy
7.2.5.Spain
7.2.6.Sweden
7.2.7. Austria
7.2.8. Rest of Europe
7.3. Asia Pacific Packaging Machinery Market Size, By Value, 2023-2030 (USD Million)
7.3.1. China
7.3.2. India
7.3.3.Japan
7.3.4.South Korea
7.3.5. Australia
7.3.6.ASEAN
7.3.7. Rest of APAC
7.4. Middle East and Africa Packaging Machinery Market Size, By Value, 2023-2030 (USD Million)
7.4.1. South Africa
7.4.2.GCC
7.4.3. Egypt
7.4.4. Nigeria
7.4.5.Rest of Middle East and Africa
7.5. South America Packaging Machinery Market Size, By Value, 2023-2030 (USD Million)
7.5.1. Brazil
7.5.2. Argentina
7.5.3. Rest of South America
Chapter 8 Company Profiles
8.1. Key Players
8.1.1. KHS Group (Germany)
8.1.1.1. Company Overview
8.1.1.2. End-User Portfolio
8.1.1.3. Financial Overview
8.1.1.4. Business Strategy
8.1.1.5. Key Developments
8.1.2.SIG Combibloc Group Ltd. (Switzerland)
8.1.3. Tetra Laval International S.A. (Switzerland)
8.1.4. Krones AG (Germany)
8.1.5. I.M.A. Industria Macchine Automatiche S.p.A. (Italy)
8.1.6.Syntegon Technology GmbH (Germany)
8.1.7. ProMach (U.S)
8.1.8. GEA Group Aktiengesellschaft (Germany)
8.1.9. Sacmi (Italy)
8.1.10. Bradman Lake Ltd. (Russia)
8.1.11. ROVEMA GmbH (Germany)
8.1.12. Douglas Machine Inc. (U.S)
8.1.13. Coesia S.p.A (Italy)
8.1.14. Maillis Group (Luxembourg)
8.1.15. Duravant (U.S)
8.2. Key Findings
8.3. Recommendations
