Packaging Machinery Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR70561
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The packaging machinery market has the potential to grow by USD 12.25 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.64%.

This packaging machinery market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (FFS machines, labeling and coding machines, closing and sealing machines, wrapping and bundling machines, and others) and geography (APAC, North America, Europe, South America, and MEA). The packaging machinery market report also offers information on several market vendors, including Aetnagroup Spa, Barry-Wehmiller Group Inc., CKD Corp., Coesia Spa, Fuji Machinery Co. Ltd., GEA Group Aktiengesellschaft, ITW Dynatec, KRONES AG, Syntegon Technology GmbH, and The Adelphi Group of Companies among others.

What will the Packaging Machinery Market Size be in 2021?

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Packaging Machinery Market: Key Drivers and Trends

The demand for packaging machinery from various end-users is notably driving the packaging machinery market growth, although factors such as contamination risks while packaging may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the packaging machinery industry get your FREE report sample now.

  • The demand for packaging machinery from various end-users is driving the packaging machinery market growth.
  • Many end-users such as food and beverage, pharmaceuticals, and consumer goods industries are increasingly adopting the packaging machinery for the effective packaging of their products.
  • The food and beverages industry uses packaging machinery to provide tamper resistance and special physical, chemical, and biological protection to their products.
  • Also, the increase in the development of new products is positively impacting the global packaging machinery market.
  • The development of new and innovative packing machinery provides effective packaging of the products of the end-user industries, which encourages them to adopt it, which, in turn, increases the demand and drives the market.
  • The demand for packaging machinery from various end-users coupled with the increase in the development of new products will drive the packaging machinery market growth at a CAGR of almost 5% during the forecast period.

This packaging machinery market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Packaging Machinery Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Aetnagroup Spa
  • Barry-Wehmiller Group Inc.
  • CKD Corp.
  • Coesia Spa
  • Fuji Machinery Co. Ltd.
  • GEA Group Aktiengesellschaft
  • ITW Dynatec
  • KRONES AG
  • Syntegon Technology GmbH
  • The Adelphi Group of Companies

 

The packaging machinery market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the packaging machinery market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Packaging Machinery Market?

Packaging-Machinery-Market-Market-Share-by-Region-2020-2025

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41% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for packaging machinery in APAC. Market growth in this region will be slower than the growth of the market in MEA.

The rapid expansion of end-user industries such as e-commerce, fast-moving consumer goods (FMCG), and personal care will facilitate the packaging machinery market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Packaging Machinery Market?

Packaging-Machinery-Market-Market-Share-by-Product-2020-2025

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Form-fill-seal (FFS) machines are the most commonly used packaging machinery. These machines can perform three functions, including forming, filling, and sealing. The FFS machine not only forms the package but fills it with the wet or dry product and seals it as well. FFS machines can be used for various applications, including food, beverages, stationery, cosmetics, chemicals, medicines, and pharmaceuticals. The vendors in the FFS machines segment are focusing on incorporating advanced features in the equipment to enable product differentiation and improve their competitive advantages. The availability of such equipment with advanced features is expected to spur market demand for FFS machinery during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the packaging machinery market size.

 

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What are the Key Factors Covered in this Packaging Machinery Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive packaging machinery market growth during the next five years
  • Precise estimation of the packaging machinery market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the packaging machinery industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of packaging machinery market vendors

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Packaging Machinery Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2021-2025

$ 12.25 billion

Market structure

Fragmented

YoY growth (%)

4.10

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 41%

Key consumer countries

China, US, Germany, Japan, and Italy

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aetnagroup Spa, Barry-Wehmiller Group Inc., CKD Corp., Coesia Spa, Fuji Machinery Co. Ltd., GEA Group Aktiengesellschaft, ITW Dynatec, KRONES AG, Syntegon Technology GmbH, and The Adelphi Group of Companies

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The packaging machinery market growth will increase by $12.25 billion during 2020-2025.
The packaging machinery market is expected to grow at a CAGR of 4.64% during 2020-2025.
Technavio has segmented the packaging machinery market by product (FFS machines, Labeling and coding machines, Closing and sealing machines, Wrapping and bundling machines, and Others) and geographic (APAC, North America, Europe, South America, and MEA).
Aetnagroup Spa, Barry-Wehmiller Group Inc., CKD Corp., Coesia Spa, Fuji Machinery Co. Ltd., GEA Group Aktiengesellschaft, ITW Dynatec, KRONES AG, Syntegon Technology GmbH, The Adelphi Group of Companies are a few of the key vendors in the packaging machinery market.
APAC will register the highest growth rate of 40.57% among the other regions. Therefore, the packaging machinery market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the packaging machinery market growth are:
  • Demand for packaging machinery from various end-users
The packaging machinery market vendors should focus on grabbing business opportunities from the ffs machines segment as it accounted for the largest market share in the base year.
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