Food Packaging Equipment Market by Equipment Type (Filling, Bottling, Case Cartoning, Labeling and Palletizing), by Application (Bakery and Confectionery Products, Meat and Poultry Products, Dairy Products, Beverages and Others), by North America (United States, Canada, Mexico), by Europe (Germany, France, Italy, Spain, United Kingdom, Netherlands, Rest of Europe), by Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), by South America (Brazil, Argentina, Rest of South America), by MEA (Middle East, Africa) Forecast 2024-2032
The Food Packaging Equipment Market size was valued at USD 17.43 USD Billion in 2023 and is projected to reach USD 63.56 USD Billion by 2032, exhibiting a CAGR of 20.3 % during the forecast period. Food packing equipment is utilized in food containers which have dual purposes in the different stages of sales, distribution, shipping, and storage. This packaging equipment diminishes the labor costs and increases the efficiency, workability, and productivity. Whether we are referring to shrink wrapping, coding, and marking or case packing and sealing there is no denying that packaging equipment fulfils every role of the packaging process competence and cost-effectiveness. Various kinds of packaging machines serve to pack different items, these include cutting machines, wrapping machines, cartons and containers and industrial scales. The other machines covered are accumulating, sorting, and counting devices as well as machines that apply glue, cap, cork, or heat that seal caps, cork, or heat. Sustainable packaging today is a growing trend in the food industry, as the importance of environmental consciousness rises. More and more manufacturers are looking for green packaging alternatives to be a waste reducer, use non-renewable resources less, and lower the environmental impacts of the products.
Equipment Type:
Application:
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of % from 2018-2032 |
Segmentation |
|
Office no. A 5010, fifth floor, Solitaire Business Hub, Near Phoenix mall, Pune, Maharashtra 411014
Craig Francis
Business Development Head
+44 1223 92 666
sales@advancemarketanalytics.com
get latest updates and offers.