DUBLIN, Nov. 18, 2020 /PRNewsCentre/ — The "Packaging Machinery Market – Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com’s offering.
The packaging machinery market by revenue is expected to grow at a CAGR of 4.5% during the period 2019-2025.
The global market is likely offer tremendous growth opportunities during the forecast period on account of rapid urbanization, the increasing preference among consumers for healthy and safe foods, increasing packaging goods consumption, and improving disposable income of people. The food & beverage industry dominates the market in terms of demand as well as revenue.
Moreover, the increasing consumption of packaged goods and the growing demand for flexible packaging products from F&B manufacturers are propelling the growth of the market. The sustainable and vacuum packaging trend is expected to increase technological advances in the F&B segment.
Global Packaging Machinery Market Segmentation
This research report includes a detailed segmentation by product, end-users, geography. Filling and dosing machines are the highest revenue generators for the packaging machinery market. Although there are few factors acting as hinderance, the demand for filling and dosing machines is growing in the future due to the strong growth drivers. As the preference among customers is shifting toward quality and relatable products, the demand for innovative labeling machines is increasing. Moreover, the market growth of labeling machines is enabled due to several FDA regulations, which demand end-user companies to appropriately label their products.
The F&B industry comprised for the highest share of the packaging machinery market and is expected to dominate the market at a rapidly pace. The increasing demand from consumers for packaged F&B items due to rapid urbanization and increasing disposable incomes, especially in developing economies, is boosting the usage of packaging machineries.
The demand and consumption of packaged foodstuffs is set to increase in emerging economies on account of the growth in the population and high per-capita consumption. These factors signify the demand for packaging machinery from the F&B industry is expected to be higher in emerging countries than developed countries. The pharmaceutical industry is anticipated to make a significant contribution to the global market. Moreover, the increase in contract manufacturing of pharmaceutical products and the introduction of several new regulatory standards on packaging are driving the segment growth.
KEY QUESTIONS ANSWERED
1. What is the packaging machinery market size and growth rate during the forecast period?
2. What are the factors impacting the growth of the packaging machinery market share?
3. What is the growth of APAC packaging machinery market share during the forecast period?
4. Who are the leading vendors in the market?
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope Of The Study
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7.1 Value Chain Analysis
7.2 Industry Q&A
7.3 Market Dynamics
7.4 Impact Of Covid-19
8 Market Opportunities & Trends
8.1 Rising Demand For Hygienic, Processed And Packaged Food
8.2 Technological Development
8.3 Strong Demand For Labeling & Coding Machines
9 Market Growth Enablers
9.1 Demand For Packaging From The Pharmaceutical Industry
9.2 Booming E-Commerce Industry
9.3 Increasing Demand For Flexible Packaging
10 Market Restraints
10.1 Rising Counterfeit Packaging
10.2 Adverse Impact Of Covid-19
11 Market Landscape
11.1 Market Overview
11.2 Market Size & Forecast
11.3 Five Forces Analysis
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Food & Beverages
12.5 Personal Care, Toiletries & Cosmetics
12.6 Household, Industrial & Agricultural Chemicals
13 Product Type
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.1 Filling And Dosing Machinery
13.2 Labeling & Coding Machinery
13.3 Bottling Line Machinery
13.4 Form-Fill-Seal (Ffs) Machinery
13.5 Cartoning Machinery
13.6 Palletizing Machinery
13.7 Wrapping & Bundling Machinery
13.8 Other Packaging Machinery
14.1 Market Snapshot & Growth Engine
14.2 Geographic Overview
Other Prominent Vendors
For more information about this report visit https://www.researchandmarkets.com/r/2n1qsw
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SOURCE: Research and Markets