The document summarizes key points about the packaging machinery market from 2019 to 2026. It states that the global packaging machinery market is projected to expand at a CAGR of around 6% during this period due to factors like increased consumption of packaged food and beverages. The market is fragmented with over 100 players globally, though major manufacturers are based in Germany, Italy, China, the US, and Japan. Automation and integration of systems is creating new opportunities in the market. The food and beverage industry is a major driver of demand for packaging machinery.

1. PACKAGING MACHINERY MARKET to 2026 - Key
Motivators, Restraints and Opportunities
Nikita Godse
Transparency Market Research delivers key insights for the packaging machinery
market in its published report, which include global industry analysis, size, share,
growth, trends, and forecast for 2019–2026. In terms of revenue, the global packaging
machinery market is projected to expand at a CAGR of ~6%, in terms of volume,
during the forecast period, due to several factors, about which TMR o ers detailed
insights and forecast in packaging machinery market report.
The global packaging machinery market is fragmented. With over a hundred players
present in the market. However, most of the key manufacturers have their base in ve
major countries including Germany, Italy, China, the U.S., and Japan. Manufacturers
present in markets in Germany and Italy market o er very high quality and
technologically advanced packaging machinery as compared to those o ered by
manufacturers in other countries. However, the packaging machinery o ered by
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2. manufacturers in the European region is higher in cost as compared to their
counterparts based in the Asia Paci c region such as India and China.
Around 60%-70% of the end user companies in the Asia Paci c are small-scale
enterprises, which cannot a ord to import expensive packaging machinery from the
developed countries. However, TMR’s study also found that some of the companies in
this region are not willing to compromise on quality over price. Increased
consumption of packaged food products & beverages is expected to be the key dynamic
force strengthening the growth of the global packaging machinery market. Overall,
the global outlook of packaging machinery market is expected to remain positive
during the forecast period.
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High Demand for Packaging Machinery from Food & Beverages Sector to Propel
Market
Food & beverages industry is the single largest manufacturing sector in terms of value
addition and job creation in most of the economies growing at phenomenal rate.
Worldwide sales of processed and packaged food have increased substantially over the
last decade. This is majorly attributable to the factor to population growth in
developing economies in the Asia-Paci c, Latin America, and the MEA. The
packaging machinery market is expected to witness substantial growth on the back of
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3. the rising popularity of on-the-go and packaged food products in developed as well as
developing economies. Asia Paci c is expected to witness the highest growth in its
GDP and middle-class households, driven by strong export orientation and
manufacturing capabilities in China and India. Increasing private consumption is also
anticipated to boost the demand for food service disposables in the region, which is
expected to create a high-demand for packaging machinery in export-led economies.
Consumer expenditure on food & beverages was estimated to be 8.5% of the global
GDP in 2018. Moreover, consumer expenditure in the MEA and Asia Paci c is
estimated to increase from 53% of the global expenditure to more than 60% in 2030,
on the account of rise in disposable incomes of the middle-class families in these
regions.
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Machinery Automation to Create Lucrative Opportunities
Integration of di erent systems into one is the latest trend observed in the packaging
machinery market. Companies strive to o er smart maintenance services along with
high optimization of packaging processes in their product lines. With the introduction
of end-to-end information exchange systems in the product lines, the production
e ciency has improved signi cantly with the reduction in complexities of the
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4. production processes. Crosslinking of automation, IT, and IOT in the production lines
is anticipated to simplify inventory management for di erent machine components.
Manufacturing companies are increasingly automating their production processes
while reducing the number of workers on a production line. It is however necessary to
provide seamless visualization and transparent solutions on the production line to
continuously innovate and improve process and respond promptly when required. The
growing need for easy integration of new machines into existing systems is expected
to create immense opportunities for packaging machinery market.
Packaging Machinery Market: Competition Landscape
Key service providers can leverage the remunerative growth potential that the nascent
packaging machinery market promises to o er. To bene t the most from this scenario,
leading service providers in the packaging machinery market are strengthening their
market presence through strategic acquisitions. Key companies pro led in the
packaging machinery market report include Robert Bosch GmbH, I.M.A. Industria
Macchine Automatiche SpA, Tetra Pak International S.A., Coesia S.p.A., Marchesini
Group S.p.A., OPTIMA Packaging Group GmbH, Omori Machinery Co. Ltd.,
ProMach, Inc., Herma GmbH, Videojet Technologies, Inc., Muller Load
Containment Solutions, Premier Tech Chronos Ltd., Ishida Co. Ltd., PFM Group,
GEA Group Aktiengesellscha , and Sidel S.A.
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Global Packaging Machinery Market: Segmentation
Packaging Machinery Market, by Product
Bottling Line
Cartoning Machines
Case Handling Machines
Closing Machines
Filling & Dosing Machines
Form, Fill, and Seal Machines
Labelling, Decorating, and Coding Machines
Palletizing & De-palletizing Machines
Wrapping & Bundling Machines
Others
Packaging Machinery Market, by Technology
General Packaging Technology
Modi ed Atmosphere Packaging Technology
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6. Vacuum Packaging Technology
Packaging Machinery Market, by End Use
Food
Frozen & Chilled Food
Dairy Products
Fresh Food Products
Bakery & Confectionary
Ready-to-eat
Baby Food
Pet Food
Others
Beverage
Alcoholic
Non-alcoholic
Homecare & Personal Care
Healthcare
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7. Industrial
Others
Packaging Machinery Market, by region
North America
Latin America
Europe
Asia Paci c
Middle East & Africa
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