About food packaging machinery
A food packaging machinery performs a significant function in the food packaging industry. It enables process control and efficiency in the overall food packaging process. It is widely used for filling, closing, wrapping, and coding food products. Proper packaging of food products ensures that there is no spoilage of packaged food products throughout the supply chain, and that it can withstand changes in temperature so as to maintain its quality and edibility.
Technavio's analysts forecast the food packaging machinery market in North America to grow at a CAGR of 6.68% over the period 2014-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the food packaging machinery market in North America during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of food packaging machinery.
Technavio's report, Food Packaging Machinery Market in North America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Food Packaging Machinery in North America 2015-2019
Technavio recognizes the following companies as the key players in the Food Packaging Machinery in North America: Arpac, Coesia Group, GEA Group and Ishida
Other prominent vendors in the market are: Accraply, Acmavolpak, Adelphi Masterfil, AMF Bakery Systems, Bradman Lake, Graphic Packaging Holding, Harland Machine Systems, Heat and Control, IMA Group, JBT FoodTech, KHS, Nichrome, Omori Machinery, Orion Packaging System, Oystar Holding, Sealed Air, The Krones Group and Weber Marking Systems
Commenting on the report, an analyst from Technavio’s team said: “Traditional paper and plastic packaging materials are the most commonly used packaging materials. The use of nanotechnology in this segment may lead to a major development in the packaging industry. Nanotechnology will likely increase the quality of packaging and significantly reduce wastage. Nanocomposites used in packaging can boost flame resistance and reduce damage to products. This will result in the development of new packaging machinery to support nanotechnology, especially in the food processing and medicine sectors.”
According to the report, the food packaging machinery market in North America will benefit from the immense growth of the e-commerce segment, which accounts for 14.08% of the $1.29 trillion-global e-commerce market.
Further, the report states that the overall market growth rate will likely be offset by reduced demand in the European market, owing to high taxes and labor costs as a result of economic slowdown.
Arpac, Coesia Group, GEA Group, Ishida, Accraply, Acmavolpak, Adelphi Masterfil, AMF Bakery Systems, Bradman Lake, Graphic Packaging Holding, Harland Machine Systems, Heat and Control, IMA Group, JBT FoodTech, KHS, Nichrome, Omori Machinery, Orion Packaging System, Oystar Holding, Sealed Air, The Krones Group, Weber Marking Systems
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