Packaging Equipment Market to grow at 3% CAGR from 2018 to 2024: Global Market Insights Inc.
Packaging Equipment Market to exceed USD 47 billion by 2024; driven by growing focus on labeling and serialization for anti-counterfeiting of drugs. Increasing adoption of automation in several industrial sectors has significantly pushed the worldwide packaging equipment industry growth. Another pivotal factor that has had a significant impact is the escalating demand for packaging robots that ensure efficient time management and product safety across the value chain. As per the report, the F&B sector accounted for 55% of the packaging equipment market share in 2017. Massive product demand due to substantial increase in spending on a range of ready-to-eat & processed food products will further support the segment growth.
Packaging Equipment Market
1|Page
With China, India, and Japan at its foray, the Asia Pacific packaging equipment market has been projected to exceed the remuneration portfolio of USD 18 billion by 2024. The region is also expected to witness steady growth with the rising demand for packaging equipment from the pharmaceutical companies. The key players profiled in the report are ACG Worldwide, Alfa Laval AB, BarryWehmiller Companies, Inc., Adelphi Packaging Machinery, B&H Labeling Systems, The Bühler Holding AG, BEUMER Group GmbH & Company KG, Coperion GmbH, Coesia S.p.A., Graphic Packaging International, Inc., Hangzhou Youngsun Intelligent Equipment Co. Ltd., GEA Group AG, Guangzhou Tech-Long Packaging Machinery Co. Ltd., Fuji Machinery Company Limited, Illinois Tool Works Inc., IMA – Industria Macchine Automatiche S.p.A., VELTEKO s.r.o., Bradman Lake Group Ltd., Schneider Electric SE, SATO Holdings Co., Multivac Sepp Haggenmüller GmbH & Company KG, Robert Bosch GmbH, Tetra Laval International SA, Serac Group SA, Selovac, KUKA AG. UK packaging equipment market, by application, 2017 & 2024 (USD Million)
Browse key industry insights spread across 275 pages with 466 market data tables & 37 figures & charts from the report, “Packaging Equipment Market Size By Product (Fillers [Liquid Type, Powder Filling, Bottle Filling], FFS (Form Fill Seal) [Vertical, Horizontal], Capping [Screw Capping, Vial Coating, ROPP (Roll On Pilfer Proof) Cappers], Labelling [Wet Glue, Self-Adhesives, Rotary Sticker], Coding [Wet Ink System, Ink Jet System, Laser System, Hot Stamp, Thermal Transfer], Palletizing), By Application (Food & Beverage, Pharmaceuticals, Chemical, Personal Care), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Growth Potential, Competitive Market Share & Forecast, 2018 - 2024” in detail along with the table of contents: https://bit.ly/2Mk5Zjq
2|Page
The report also enlists the major challenges for the industry players, which chiefly includes high costs of installation and increasing maintenance costs of the packaging equipment.
Scope of the report: Packaging equipment market product landscape: • • • • • •
Fillers: Liquid Type, Bottle Filling, Powder Filling FFS (Form Fill Seal): Horizontal, Vertical Labelling: Self-Adhesives, Rotary Sticker, Wet Glue Capping: Screw Capping, ROPP (Roll On Pilfer Proof) Cappers, Vial Coating Coding: Wet Ink System, Laser System, Hot Stamp, Ink Jet System, Thermal Transfer Palletizing
Packaging equipment market application landscape: Food & Beverage, Chemical, Pharmaceuticals, Personal Care
Packaging equipment market regional landscape: U.S., Canada, Italy, Germany, France, UK, Russia, India, China, Japan, South Korea, Mexico, Brazil, UAE, Saudi Arabia, South Africa
3|Page
Industry Coverage
4|Page
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde Corporate Sales, USA Global Market Insights, Inc. Phone: 1-302-846-7766 Toll Free: 1-888-689-0688 Email: sales@gminsights.com Web: https://www.gminsights.com Blog: http://technologymagazine.org/
5|Page