Growth in the world packaging machinery market will average 6.5 percent per year through 2019, reaching $52.5 billion. Advances will be fueled by increasing global demand for a wide range of manufactured goods, and food and beverage items. In addition, many companies in developing nations will transition from manual to mechanized packaging in order to boost production and increase the efficiency of their operations.
This report segments the world packaging industry by product type. Data is provided in millions of US dollars.
Major packaging machinery products covered in this study include:
Filling & Form/Fill/Seal Equipment
Labeling & Coding Equipment
Wrapping, Bundling, & Palletizing Equipment
Case Forming, Packing, & Sealing Equipment
Filling and form/fill/seal equipment are the most popular type of packaging machinery, accounting for one-fourth of global product sales in 2014. Sales of labeling and coding machinery are forecast to grow at the market’s fastest paces through 2019. In order to be more competitive globally, manufacturers and food and beverage companies will acquire new labeling and coding machinery and invest in new technologies because they allow them enhance the aesthetic appeal of their goods and differentiate them from competing products.
Among the most important markets for packaging machinery are:
Pharmaceuticals/Personal Care Products
Food is the most important end use market for packaging machinery, accounting for 36 percent of global product demand in 2014. The most rapid gains through 2019 are forecast for the pharmaceutical and personal care products segment of the world packaging machinery market. As personal incomes rise in industrializing nations, households will spend more money on medicines, vitamins, natural supplements, and a wide range of personal care products.
Historical demand and forecasts for 17 countries in the following regions are presented in this report:
Central & South America
The global packaging machinery industry includes thousands of manufacturers, ranging from small, privately held firms to major multinationals. Numerous important acquisitions and divestitures have occurred in recent years. Bosch, Coesia, Graphic Packaging, IMA, Körbe, Krones, Multivac Sepp Haggenmüller, Pro Mach, Salzgitter, and Tetra Laval are among the world’s leading packaging manufacturers.