Packaging Machinery Market by Machine Type (Bottling Line, Cartoning, Case Handling, Closing, Filling & Dosing, Form, Fill & Deal, Labelling, Decorating & Coding, Palletizing, Wrapping & Bundling, and Others), by End User (Food, Beverages, Pharmaceuticals, Personal Care and Toiletries, Household, Industrial and Agricultural Chemicals 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 Packaging Machinery Market size was valued at USD 40.08 USD billion in 2023 and is projected to reach USD 146.15 USD billion by 2032, exhibiting a CAGR of 20.3 % during the forecast period. Packaging machinery is an indispensable part of all the work of packaging primary, as well as distribution packages. Several packaging operations take place in the plant during the packaging process of cleaning, fabrication, filling, sealing, labeling, combine, overwrap, and palletize. From the standpoint of some industries, heat seals being an integral part of product safety, the heat-sealing process will be monitored closely contributing to the validation of protocols. As an illustration, it can be noticed that sealers that make drug, food, and medical goods, equipment is a must, and only quality makes can be acceptable for them. Amongst a variety of packaging machinery types there are bagging machines, bottle mushing, carton boxer, and format cartonnier. The automation in packaging operations is widely reported to be characterized by the growth robotic-aided operations and panels that can be adjusted to various instructions. A typical packaging line which is battery operated and is integrated with many other machines usually employs different vendors for such machines as well as conveyors and ancillary machines. Such integration is not an easy task and may call for the hiring services delivered by engineering or consulting firms.
Machine Type:
End User:
This report provides an in-depth analysis of the packaging machinery market, including:
The Asia-Pacific region is anticipated to witness the fastest growth in the global packaging machinery market due to the expanding food and beverage industry and the growing middle-class population.
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 20.3% from 2018-2032 |
Segmentation |
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