Global Packaging Machinery Market Overview:
Packaging machines are used to package products as well as components. Packaging machines also contain related machinery for accumulating, sorting and counting. It will work on all packaging functions from primary packaging to distribution packs including fabrication, cleaning, filling, sealing, combining, labeling, overwrapping, palletizing. There is various type of packaging machine including Bottling Line, Cartoning Machines, Case Handling Machines, Closing Machines, Filling and Dosing Machines and others. High adoption of modern automated packaging machines and growing demand for packaging robots from Several End-User Industries will help to boost global packaging machine market. According to AMA, the Global Packaging Machinery market is expected to see growth rate of 5.6%
- Rising Demand of Consumer Goods
- Increasing Adoption of Automated Packaging Machines
- Improvement of Energy Efficient Machines
- High Adoption of Modern Automated Packaging Machines
- Growing Demand for Packaging Robots from Several End-User Industries
- Up Surging Demand of Vacuum Packaging Machines
- Stringent Government Regulations
- Fueling Demand of Demanding Integrated Packaging Machinery
- Contamination Risks While Packaging
Global Packaging machinery market is fragmented due to the presence of many players including Adelphi Packaging Machinery (United Kingdom), B&H Labelling Systems (United States), Barry-Wehmiller Companies, Inc. (United States), Bosch Packaging Machinery (Germany), Bradman Lake Group (United Kingdom) and others. European regions have the largest market share in terms of production. They are providing advanced packaging types of machinery with better quality. On the contrary, Chinese manufacturers are providing average quality machinery at low cost.
Some of the key players profiled in the report are Adelphi Packaging Machinery (United Kingdom), B&H Labelling Systems (United States), Barry-Wehmiller Companies, Inc. (United States), Bosch Packaging Machinery (Germany), Bradman Lake Group (United Kingdom), CKD Group (Czech Republic), Coesia SpA (Italy), Fuji Machinery Company (Japan), Harland Machine Systems Ltd. (United Kingdom) and I.M.A. Industria Macchine Automatiche SpA (Italy). Additionally, following companies can also be profiled that are part of our coverage like Tetra Pak International S.A. (Switzerland), Marchesini Group S.p.A. (Italy), OPTIMA Packaging Group GmbH (Germany), Omori Machinery Co. Ltd. (Japan) and ProMach, Inc. (United States). Analyst at AMA Research see European Manufacturers to retain maximum share of Global Packaging Machinery market by 2025. Considering Market by Technology, the sub-segment i.e. General Packaging Technology will boost the Packaging Machinery market. Considering Market by End User, the sub-segment i.e. Food Industry will boost the Packaging Machinery market.
On 20th September 2018, Bosch Packaging Machinery has launched The new horizontal flow wrapping machine Sigpack HML, allows products such as blow-fill-seal vial cards, blisters and various medical technology products including pens and inhalers to be reliably hermetically packaged.
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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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Packaging Machinery market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Packaging Machinery market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Suppliers of Packaging Machines, Traders and Distributors, Government Regulatory Bodies, Private Research Organizations, Government Research Organization and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.