Packaging Machinery Market
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<strong>Packaging</strong> <strong>Machinery</strong> <strong>Market</strong> <strong>Market</strong><br />
Research Report By Forecast To 2023<br />
Industry Survey, Growth, Competitive Landscape<br />
and Forecasts to 2023<br />
PREPARED BY<br />
<strong>Market</strong> Research Future<br />
(Part of Wantstats Research & Media Pvt. Ltd.)
<strong>Packaging</strong> <strong>Machinery</strong> <strong>Market</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />
Global <strong>Packaging</strong> <strong>Machinery</strong> <strong>Market</strong> Information by Type (Form Fill Seal, Labelling & Coding, Closing &<br />
Sealing, Wrapping & Bundling and others), by End–User (Food, Beverages, Pharmaceutical, Personal care,<br />
and others) And Region - Forecast To 2023<br />
The global <strong>Packaging</strong> <strong>Machinery</strong> <strong>Market</strong> is a very dynamic market and is expected to witness high growth over the forecast<br />
period. The global <strong>Packaging</strong> <strong>Machinery</strong> <strong>Market</strong> is driven with the rising demand from various industries such as food,<br />
beverages, pharmaceutical, personal care, and others. There has been a high dependency on the packaged ready to eat<br />
products. This is backed by the increasing population, automation and increase in investments by packaging companies<br />
which has led to the growth of the <strong>Packaging</strong> <strong>Machinery</strong> market. The increasing demand for packaging robots from several<br />
end-user industries is also expected to drive the growth of market over the forecast period.<br />
The packaging machinery is used for many functions such as container cleaning, filling, and forming, canning, sealing, and<br />
lidding, bagging, packing, bottling, unpacking, wrapping, shrink film, and heat sealing, inspection and check weighing,<br />
palletizing and depalletizing, case forming, labeling, encoding and many other applications.<br />
The other factors contributing to the growth of the packaging machinery market are the increasing usage of automation in<br />
packaging industry, increasing consumption of consumer goods, advancements in the technology of energy efficient<br />
packaging machinery, the increasing use of vacuum packaging machines and the introduction of stringent government<br />
regulations for promoting environmental friendly packaging. The global <strong>Packaging</strong> <strong>Machinery</strong> <strong>Market</strong> is projected to grow at<br />
the CAGR of ~6%.<br />
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<strong>Packaging</strong> <strong>Machinery</strong> <strong>Market</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />
Segmentation<br />
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<strong>Packaging</strong> <strong>Machinery</strong> <strong>Market</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />
Segmentation And Regional Analysis<br />
Based on end users the market has been segmented as Food, Beverages, Pharmaceutical, Personal care, and others.<br />
Amongst all the end users, the food and beverage segment is expected to grow at the highest CAGR. <strong>Packaging</strong> is important<br />
for the safety of the food products and it also plays an important role in the products marketing mix. Therefore, food and<br />
beverages industry together are expected to contribute the highest to the growth of the packaging machinery market.<br />
Of all regions, Asia Pacific region is expected to dominate the global <strong>Packaging</strong> <strong>Machinery</strong> <strong>Market</strong>. The growth of the market<br />
can be attributed to the presence of a large number of food & beverage and personal care product manufacturers in the<br />
region. The North America region is also expected to grow significantly in the global packaging machinery market owing to<br />
the presence of large number of players in the market such as Bosch <strong>Packaging</strong> Technology, Dover Corporation, and<br />
Nordson Corporation among others.<br />
Key Players<br />
The key players of global <strong>Packaging</strong> <strong>Machinery</strong> <strong>Market</strong> include Barry-Wehmiller (U.S.), Illinois Tool Works Inc. (U.S.), Krones<br />
AG (Germany), Bosch <strong>Packaging</strong> Technology (U.S.), GEA Group AG (Germany), Automated <strong>Packaging</strong> Systems (U.S.), Dover<br />
Corporation (U.S.), Graphic <strong>Packaging</strong> Holding (U.S.), Mamata Enterprises (India), MULTIVAC Group (U.S.), Nordson<br />
Corporation (U.S.), Pro Mach, Inc. (U.S.), Sato Holdings Corporation (Japan), Tetra Level International (Switzerland), Reynolds<br />
Group Holdings (New Zealand) among others.<br />
Browse Full Report @ https://www.marketresearchfuture.com/reports/packaging-machinery-market-1199<br />
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<strong>Packaging</strong> <strong>Machinery</strong> <strong>Market</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />
Industry News<br />
Apr 2018 Kendall <strong>Packaging</strong> which is the company behind engineering the wrapping for common items such as candy and<br />
wet wipes, recently inaugurated its new 60,000-square-foot addition to Northeast Regional Industrial Park located Pittsburg<br />
operation. The Wisconsin-based firm had hosted the grand opening for the public and also offered plant tours upon<br />
celebrating the completion. The $10 million project has more than doubled the size of its previous 35,000-square-foot<br />
building, which delivers state-of-the-art machinery and will add about 18 jobs to the area. The growth has amplified the<br />
company’s output competency by 60 percent. A large share of the investment went to fresh equipment, comprising of a<br />
solventless laminator, 10-color printing press and a slitter.<br />
Press Release @ https://www.marketresearchfuture.com/press-release/packaging-machinery-industry<br />
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