Packaging Machinery Market Segmentation, Application, Technology & Market Analysis Research Report to 2027
Overview
The global Packaging
Machinery Market is projected to grow at a CAGR of 6% during the
forecast period. As per the packaging machinery market research report, the
global market for packaging machinery is projected to grow swiftly. According
to analysts, rising demand from various industries as well as adoption of
automation processes will drive the market growth during the forecast period.
The packaging machinery market research report offers a comprehensive analysis
of the global packaging machinery market and its type, region, and end-users segments.
The fluctuating raw material prices along with concerns regarding supply chain
are the elements that could influence the packaging machinery market
advancement throughout the forecast period. The packaging machinery market
research report by expert analysts is developed to assist organizations in the
packaging machinery market.
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Packaging Machinery Market – Segments
The report is segmented into three dynamics;
By Type :
Form Fill Seal, Labeling & Coding, Closing & Sealing, Wrapping &
Bundling, and others.
By End–User: Food, Beverages, Pharmaceutical,
Personal care, and others.
By Regions : Asia Pacific, North
America, Europe, and the Rest-of-the-World.
Regional Overview
North America, Europe, Asia Pacific and the rest of the
world regional market for packaging machinery are predominantly covered in the
global packaging machinery market research report. Country-level packaging
machinery markets spread across North America – the United States, Canada, and
Mexico are also covered in the report. In South America – Brazil and other
country-level packaging machinery markets are covered in the report. In Asia-Pacific
(APAC) region, the country-level packaging machinery markets covered are Japan,
India, China, and others. The packaging machinery market research report also
explores the regional market for packaging machinery present in Europe in the
United Kingdom, France, Italy, Spain, and Germany, etc. The packaging machinery
market research report also covers regional markets from the rest of the world
alongside packaging machinery markets of Africa and the Middle East.
Competitive Landscape
Strategic initiatives such as mergers and acquisitions are
presumed to drive the packaging machinery market growth worldwide. The global
packaging machinery market could be challenged by complex policies,
nevertheless, organizations in the packaging machinery market will carry the
growth rate forward. The packaging machinery market research report presents
company profiles of major companies active in the packaging machinery market
globally. Furthermore, the global packaging machinery market report offers an
all-inclusive analysis of the market collected from the packaging machinery
market’s primary and secondary sources covering both decision makers and
thought leaders. The packaging machinery market research report highlights such
key areas assisting businesses operating in the packaging machinery market to
build better growth strategies.
Major Players:
Players leading the global packaging machinery market
include Illinois Tool Works Inc. (US), Barry-Wehmiller (US), Krones
AG (Germany), GEA Group AG (Germany), Bosch Packaging Technology (US),
Automated Packaging Systems (US), Graphic Packaging Holding (US), Dover
Corporation (US), Mamata Enterprises (India), Nordson Corporation (US),
MULTIVAC Group (US), Pro Mach, Inc. (US), Tetra Level International
(Switzerland), Sato Holdings Corporation (Japan), and Reynolds Group Holdings
(New Zealand), among others.
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Innovation/ Industry/Related News:
September 09, 2020 ---- Mpac Group plc (the UK),
a leading global provider of packaging solutions and support services,
announced the acquisition of a US-based supplier of packaging
machinery & automation solutions - Switchback Group. The acquisition
represents a compelling fit with Mpac's strategic intent of being a market
leader in providing comprehensive packaging solutions for the pharmaceutical,
healthcare, and food and beverage sectors. Mpac's cartoning and end-of-line
solutions provide a platform to further build the UK-headquartered company's
business in the US.
ProMach, a provider of packaging machinery solutions based
at Cincinnati, said it had acquired Serpa Packaging Solutions, a cartoning and
end-of-line systems provider from Visalia, Calif., for the nutrraceutical,
dairy, cosmetics and personal services industries. Additional to Serpa,
automated cartoning systems are integrated into the ProMach range and the
ProMach advanced secondary packaging equipment and line integration
capabilities are considerably extended.
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