Packaging Machinery Market Research Report 2019 published By Market Research Future, provides information on Global Packaging Machinery Industry Size, Share, Trends, Growth and Opportunity Assessment with Regional Analysis and Segmentation By Type (Form Fill Seal, Labelling & Coding, Closing & Sealing, Wrapping & Bundling and others), by End–User (Food, Beverages, Pharmaceutical, Personal care, and others) And Region – Forecast To 2023
The global packaging machinery market is expected to exhibit a strong 6% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global packaging machinery market is mainly driven by the growing demand from the packaging industry, which has grown rapidly over the last few years due to the growing demand for international and long-distance shipping of a number of products.
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The growing demand for packaged food in urban centers is likely to be a key driver for the global packaging machinery market over the forecast period. The demand for packaged food has risen in developed as well as developing countries over the last few years as a result of the growing urbanization, which has left consumers with little time to prepare their meals in a traditional manner. This has led to a growing demand for packaging products, which has led to a growing demand from the packaging machinery market. The growing demand for packaged frozen food products is likely to play a key role in the development of the global packaging machinery market over the forecast period due to the growing demand for frozen meat and sea food products.
The growing pharmaceuticals and cosmetics sector is also likely to be a major demand driver for the global packaging machinery market over the forecast period. The increasing disposable income of consumers in emerging parts of the world such as Asia Pacific and Latin America has led to a growing demand for personal care products, including hair care products, face cleansers, and skincare lotions. The growing disposable income of women, in particular, is likely to be a major driver for the global packaging machinery market over the forecast period, as women comprise a majority of consumers in the personal care products sector.
Leading players in the global packaging machinery market include Reynolds Group Holdings, Tetra Level International, Sato Holdings Corporation, Pro Mach Inc., Nordson Corporation, MULTIVAC Group, Mamata Enterprises, Graphic Packaging Holding, Dover Corporation, Automated Packaging Systems, GEA Group AG, Bosch Packaging Technology, Krones AG, Illinois Tool Works Inc., and Barry-Wehmiller.
In May 2019, Amazon announced plans to install automated packaging machines in their warehouses. The new system, called the Carton Wrap 1000, can produce boxes of custom sizes automatically. This move could lead to the loss of more than 1,000 jobs across the U.S., leading to questions about the viability of this move on the back of Amazon’s acquiring government grants on the basis that new jobs would be created with them. The use of automated packaging machines is likely to become an issue over this point all over the world, as the packaging industry accounts for a considerable number of jobs, which would be made redundant by the adoption of automated packaging machines.
The global packaging machinery market is segmented on the basis of type, end use, and region.
By type, the global packaging machinery market is segmented into form fill seal, labelling and coding, closing and sealing, wrapping and bundling, and others.
By end use, the global packaging machinery market is segmented into food and beverages, pharmaceutical, personal care, and others. The food and beverage industry is likely to hold a dominant share in the global packaging machinery market over the forecast period due to the growing demand for packaged food all over the world.
Asia Pacific is likely to dominate the global packaging machinery market over the forecast period due to the growing consumer products industries in the region, including the growing demand from the cosmetics and personal care industry. The growing awareness about the adverse effects of heat and harsh sunlight on skin health has led to a growing demand for skin care products, among others, which is likely to drive the packaging machinery market over the forecast period. The growing demand for packaged food in Asia Pacific is also likely to be a key driver for the packaging machinery market in the region over the forecast period.
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Scope of Report
The report for Global Packaging Machinery Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table of Content
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Bargaining Power of Suppliers
3.1.4 Threat of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/supply Chain Analysis
List of Tables
Table 1 Global Packaging Machinery Market: by Region, 2017-2023
Table 2 North America Packaging Machinery Market: by Country, 2017-2023
Table 3 Europe Packaging Machinery Market: by Country, 2017-2023
Table 4 Asia-pacific Packaging Machinery Market: by Country, 2017-2023
Table 5 Row Packaging Machinery Market: by Country, 2017-2023
Table 6 Global Packaging Machinery Market, by Construction Type, by Regions, 2017-2023
Table 7 North America Packaging Machinery Market, by Construction Type, by Country, 2017-2023
Table 8 Europe Packaging Machinery Market, by Resin Type, by Country, 2017-2023
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
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