PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1608855
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1608855
Packaging Machinery Market, By Machine Type, By Application, By Geography
The packaging machinery market is estimated to be valued at USD 58.32 Bn in 2024 and is expected to reach USD 87.43 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | 58.32 Bn |
| Historical Data for: | 2019 to 2023 | Forecast Period: | 2024 to 2031 |
| Forecast Period 2024 to 2031 CAGR: | 5.90% | 2031 Value Projection: | 87.43 Bn |
Packaging machinery includes various machines and technologies used for packaging products across different industries such as food and beverages, pharmaceuticals, consumer goods, and others. Growing demand for packaged food and beverages, along with stringent government regulations regarding food safety, and quality are some of the key factors driving growth in the packaging machinery industry. Additionally, innovations in terms of material handling, automation, robotics, and digitization are further augmenting demand. However, high initial investments required for setting up packaging lines pose a challenge for manufacturers. Overall, the packaging machinery market is expected to continue its growth trajectory over the coming years.
Market Dynamics:
The global packaging machinery market growth is primarily driven by growing demand for packaged food and consumer goods across the world. Rapid urbanization, rising affordability, and changing lifestyles have fueled the demand for packaged goods. Additionally, stringent government regulations regarding food safety, quality and hygiene have compelled companies to invest heavily in advanced packaging machinery. Moreover, increasing automation and adoption of digital technologies such as IoT, big data analytics, and robotics across end-use industries are presenting lucrative opportunities for manufacturers of packaging solutions. However, high costs associated with automation technologies and initial set up of packaging lines are restricting wider adoption. Fluctuations in raw material prices also remain a key challenge. Going forward, innovations in robotics, multimodal packaging, and material handling are likely to open new avenues for growth in the market.
Key Features of the Study:
This report provides in-depth analysis of the global packaging machinery market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global packaging machinery market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Langley Holding plc, Maillis Group, Rovema GmbH, Douglas Machine Inc., KHS Group, SIG, Tetra Laval International S.A., Krones AG, ProMach, GEA Group Aktiengesellschaf, Sacmi, Coesia S.p.A., and Duravant
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global packaging machinery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global packaging machinery market
Market Segmentation
- Machine Type Insights (Revenue, USD Bn, 2019 - 2031)
- Filling
- Labelling
- Form Fill & Seal
- Cartoning
- Wrapping
- Palletizing
- Others
- Application Insights (Revenue, USD Bn, 2019 - 2031)
- Beverages
- Food
- Chemicals
- Personal Care
- Others
- Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Langley Holding plc
- Maillis Group
- Rovema GmbH
- Douglas Machine Inc.
- KHS Group
- SIG
- Tetra Laval International S.A.
- Krones AG
- ProMach
- GEA Group Aktiengesellschaf
- Sacmi
- Coesia S.p.A.
- Duravant
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Machine Type
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
4. Global Packaging Machinery Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Packaging Machinery Market - COVID-19
- Impact Analysis
5. Global Packaging Machinery Market, By Machine Type, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Filling
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Labelling
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Form Fill & Seal
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Cartoning
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Wrapping
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Palletizing
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
6. Global Packaging Machinery Market, By Application, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Beverages
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Food
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Chemicals
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Personal Care
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
7. Global Packaging Machinery Market, By Region, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Machine Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- U.S.
- Canada
- Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Machine Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Machine Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Machine Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Machine Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country, 2019- 2031, (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Machine Type, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Application, 2019- 2031, (USD Bn)
- Market Size and Forecast, By Country/Region, 2019- 2031, (USD Bn)
- South Africa
- North Africa
- Central Africa
8. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- Langley Holding plc
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Maillis Group
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Rovema GmbH
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Douglas Machine Inc.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- KHS Group
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- SIG
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Tetra Laval International S.A.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Krones AG
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- ProMach
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- GEA Group Aktiengesellschaf
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Sacmi
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Coesia S.p.A.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Duravant
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Langley Holding plc
9. Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Section
- References
- Research Methodology
- About Us and Sales Contact
