Scope of the Study
The demand for attractive and innovative packaging from the food and beverage industry contributing the growth of packing machine market. Packaging is necessary function to protect the products and it is done mainly with the use of packing machine. It includes many packaging processes such as fabrication, cleaning, filling, sealing, combining, labeling, overwrapping, palletizing etc. Packing machines are the final step in the manufacturing process and first step in the transportation. The factors include assessment of technical capabilities, labor requirements, worker safety, maintainability, serviceability, energy requirements etc.
The market study is being classified by Type (Special Packaging Machine, Multi-Packaging Machine and General-Purpose Packaging Machine), by Application (Food and Beverages, Retail and E-commerce, Cosmetic, Pharmaceuticals, Chemical and Others) and major geographies with country level break-up.
Robert Bosch GmbH (Germany), Industria Macchine Automatiche SpA (Italy), Tetra Pak (Switzerland), Marchesini Group S.p.A. (Italy), OPTIMA Packaging Group GmbH (Germany), Fuji Machinery Company (Japan), Krones AG (Germany), CKD Group (Japan), Barry-Wehmiller (United States) and Bradman Lake Group (Germany) are some of the key players profiled in the study.
Research Analyst at AMA predicts that German Manufacturers will contribute to the maximum growth of Global Packing Machine market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Packing Machine market by Type, Application and Region.
On the basis of geography, the market of Packing Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Function, the sub-segment i.e. Filling Machines will boost the Packing Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Automation, the sub-segment i.e. Fully Automatic will boost the Packing Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Adoption of Packaging Machines
- Technological Advances and Innovation in the Packing Machines
- Development of Energy Efficient Machine
- Rapid Changes in the Technology
- Growth in the Packaging Industry Worldwide
- Increasing Demand from End-User Industry
- Lack of Availability of Skilled Labors
Market Leaders and their expansionary development strategies
On 19th June 2019, The Marchesini Group has acquired Axomatic, a company which specializes in the packaging machinery sector and V2engineering which is an expert in developing cartooning machines. The takeovers are expected to strengthen the firmís cosmetic packaging business.
On 15th March 2018, Robert Bosch GmbH, a leading global supplier of technology and services efficient vertical packaging system for ground coffee. The unique combination of a Spee-Dee auger filler and a vertical bagger from Bosch produces up to 300 high-quality fractional coffee bags per minute on minimum floor space.
Key Target AudiencePacking Machine Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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