Packaging Machinery Market worth 56m

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TrendingReports 5/26/2023 4:12:33 PM

Packaging
Machinery Market worth $56.7 billion by 2027


The report "Packaging
Machinery Market
by Machine Type
(Filling, Labeling, Form-Fill-Seal, Cartoning, Palletizing, Wrapping), End-use
industry (Food, Pharmaceutical, Beverages, Chemical), Technology, and Region -
Global Forecast to 2027
", is
projected to reach USD 56.7 billion by 2027 from USD 46.4 billion in 2022, at a
CAGR of 4.1%. The growth of the Packaging Machinery Market is attributed to the
growth of the chemical, food, and Pharmaceuticals Industry. In the chemical
industry, packaging machinery is used for filling, capping, labeling, and
preparing industrial cleaners and chemicals; hence the growth of the chemical
industry leads to an increase in demand for packaging machinery, and overall,
the market for packaging machinery also grows.

 

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Browse in-depth TOC on "Packaging Machinery Market"

109 - Tables

37 - Figures

164 – Pages

 

Form-Fill-Seal type to be the fastest growing machine
during forecast period

 

Form-fill-seal machines (FFS) are automated packaging
machines commonly used in the food, beverage, healthcare, pharmaceutical, and
consumer products industries for product packaging. These machines create
plastic bags from a flat roll of plastic film while simultaneously filling the
bags with the product and sealing the filled bags. They can bag both solid and
liquid products. Form-fill-seal machines are mainly of two types: horizontal
and vertical.

 

Vertical form-fill-seal machines (VFFS) are mainly used
by the food & beverage industry to package food products. They are also
used in the healthcare industry to package highly sensitive drugs. VFFS
machines produce plastic bags from a flat roll of plastic film, where they
develop the bag, fill it with the product, and seal the pack simultaneously.
These packaging systems are convenient for packing both solid and liquid
products. VFFS machines produce high-volume efficiency packing products. They
are preferred by manufacturers of various industries as they produce hygienic
products in short durations, thereby increasing production efficiency.

 

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Bavereges is to be the 2nd fastest growing segment in the
Packaging Machinery Market during the forecast period

 

Rinsing machines, liquid fillers, capping machines, and
labelers are the four most important packaging machines on any packaging line
for beverage products. Rinsing machines and bottle washers are commonly used in
the beverage industry. Air rinsers, bottle vacuums, bottle washers, and wet
rinsing machines can be used on packaging lines to clean dust and debris from
inside a bottle before entering the filling machine. Beverages range from thin,
free-flowing water-like beverages to thick liquid products. Overflow fillers or
gravity fillers work for low-viscosity products, while pump fillers and piston
fillers can handle thicker beverages.

 

North America to be the 3rd largest region in the
Packaging Machinery Market during the forecast period

 

The packaging machinery market in North America is
expected to grow steadily during the forecast period. A major factor driving
the growth of this market is the continuous launch of innovative products by
vendors. The growing number of food, beverage, and pharmaceutical manufacturing
plants in North America will also drive the demand for advanced packaging
machinery and solutions.

 

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North America is the largest market for
biopharmaceuticals. This can be attributed to factors such as the presence of
key biopharmaceutical manufacturing facilities in the region, significant
spending on research & development (R&D) activities, and the
well-established intellectual property system for innovative biologics.
Moreover, the increased productivity and efficiency in biopharmaceutical
manufacturing processes and the adoption of single-use systems & automation
technologies by biopharmaceutical manufacturers and contract manufacturing
organizations (CMOs) are also expected to support the growth of the packaging
machinery market in this region.

 

KHS Group (Germany), SIG Combibloc Group Ltd.
(Switzerland), Tetra Laval Group. ( Switzerland), Barry-Wehmiller(USA),
Marchesini Group(Italy),Syntegon Technology GmbH(Germany), GEA Group
Aktiengesellschaft(Germany), Sacmi(Italy), Langley Holdings(UK), Douglas
Machine Inc. (USA),, Coesia S.p.A (Italy), and Maillis Group(Luxembourg) are
the key players operating in the Packaging Machinery Market. Acquisitions,
expansions, contracts, agreements & partnerships, and new product
developments are some of the major strategies adopted by these key players to
enhance their positions in the Packaging Machinery Market.

 

For More Insights on Packaging Machinery Market- https://www.prnewswire.com/news-releases/packaging-machinery-market-worth-56-7-billion-by-2027---exclusive-report-by-marketsandmarkets-301678138.html

 

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