PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421795
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421795
The global case packing machine market size is expected to reach USD 1,001.73 million by 2032, according to a new study by Polaris Market Research. The report "Case Packing Machine Market Share, Size, Trends, Industry Analysis Report, By Machine Type (Top Load, Side Load, and Wrap Load); By Automation; By Capacity; By End Use; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing demand for automation in packaging processes to improve production efficiency, minimize errors, and reduce labor costs and the rise of e-commerce that has led to significant demand for customized and automated case packing solutions are prominent factors influencing the global market growth over the years.
For instance, in March 2023, Proco Machinery unveiled its new robot packer that is specially designed to reduce growing labor costs and shortages in the packaging industry and will further allow manufacturers to increase their efficiency.
Apart from food & beverage products, case packing systems are now also being widely used in the pharmaceutical industry in order to pack various pharmaceutical products such as vials, bottles, blister packs, and tubes, among many others, while ensuring that the primary packaging is securely and accurately placed. Thus, to cater to this growing demand from the pharmaceutical industry, companies are introducing machines specially designed for the industry with several innovative features.
For instance, in October 2023, IMA-PG India announced the launch of its new case-packed CPM-5, which is mainly designed to satisfy the needs and specific requirements of the pharmaceutical industry.
Furthermore, several types of case packing systems are now being incorporated with sustainability features such as optimized material use, reduced energy consumption, and the capability to conveniently work with eco-friendly packaging materials while aligning with the regulations and standards set for sustainable packaging solutions by government authorities.
The top load segment accounted for notable market share on account of its advantageous characteristics, including cost-effectiveness and greater efficiency
The automatic segment is projected to hold a considerable share, mainly attributable to their capability to handle a larger number of items at a quick speed
25 to 50 cpm segment will grow at a significant pace, due to its growing use in the e-commerce industry to pack larger product volumes with higher efficiency
The snacks segment led the industry market, which is majorly driven by growing individuals preferring ready-to-eat meals or packaged products over conventional food items
North America dominated the global market with a substantial share, on account of the rapid adoption of automation across industries and growing R&D on such technologies
The key market players include Blueprint Automation, Serpa Packaging Solutions, Case Packing Systems, Douglas Machine, and Fallas Automation
Polaris Market Research has segmented the case packing machine market report based on machine type, automation, capacity, end use, and region: