DUBLIN--(BUSINESS WIRE)--The "Packaging Machinery - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The global market for Packaging Machinery is projected to reach US$51.5 billion by 2025, driven by the economic value generated by packaging for industrial and consumer goods; and growing interest in robotic packaging automation against a backdrop of growing competition in the FMCG industry and the ensuing pressure to accelerate time-to-market.
With increasing purchasing power and consumer spending among the expanding base of middle class population in emerging countries, the FMCG industry is characterized by globalization of brands, expanding footprint smaller unorganized players, overcrowding of me-too brands; intensifying competition, pricing pressures, and greater need for faster product innovations and launches. All of these factors push up the importance of time-to-market and its role in influencing market competitiveness.
Faster time-to-market or time-to-market acceleration is vital to ensure that innovations reach consumers quickly and the narrowing window of opportunity is optimally leveraged to ensure revenue realization. A key aspect of improving time to market is speeding up the production processes through resource efficiency and flow efficiency.
Packaging is a critical part of production which influences resource efficiency and ensuring smooth workflow from one process to another is important to eliminate delays and process efficiencies. Investments in automated packaging machinery have therefore become critical capex expenditure for companies. The market also stands to benefit from increasing investments in packaging engineering science and technology. Packaging remains vital for enhancing product shelf life, enabling traceability and providing product and marketing information.
In the consumer goods industry, demand is benefiting from the growing demand for processed and packaged foods and beverages as a result of the 'on-the-go' lifestyles of time-poor consumers. Advancements in electronics, computing technologies and rising awareness over the inherent benefits of automation have encouraged conventional industries to embrace integrated packaging machinery solutions.
Given the advantages of an automated production line, robotic packaging automation is poised to emerge as the future of packaging in the coming years in both primary and secondary packaging applications. Benefits of integrated robotic packaging include reduced production and labor costs; lower risk of personnel injury; elimination of errors and re-working; enhanced productivity, efficiency and accuracy; ability to keep up with production speeds; reduced risk of contamination during the packaging process; additional flexibility, reliability and versatility.
Pressure filling & vacuum packing often get a boost in quality and consistency when automated. The shift towards lightweight packaging solutions led by trends such as rising logistics costs and growing environmental awareness are encouraging companies to upgrade their production equipment.
Other major trends in the market influencing growth include proliferation of 'smart factory' concept and the resulting popularity of highly innovative industry 4.0 enabled packaging machinery; strong demand for coding/marking/labeling machinery against the backdrop of stringent enforcement of environmental and labeling regulations; rapid adoption of modular packaging machines against the backdrop of strong demand for single serve and smaller package sizes; growing demand for bottled and canned beverages and a parallel increase in opportunities for liquid filling and capping machinery.
The United States and Europe represent large markets worldwide with a combined share of 53.2% of the market. China ranks as the fastest growing market with a CAGR of 5.1% over the analysis period supported by the changing landscape of consumerism in the country; and the Made in China (MIC) 2025 initiative that aims to bring the country's massive manufacturing and production sector into the forefront of global technology competitiveness.
Key Topics Covered
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 and a Looming Global Recession
- Packaging Machinery: An Indispensable Part of the Consumer Packaged Goods Industry
- Packaging Trends Influence Advancements in Packaging Machinery
- Outlook
- Emerging Countries Offer Strong Growth Prospects
- Analysis by Segment
- Food Service and Beverages Segments Dominate the Market
- Global Packaging Machinery Market (2019E): Percentage Share Breakdown of Sales by End-Use Sector
- Healthcare and Pharmaceutical Sector - A Growing Market
- Leading Exporters of Packaging Machinery
- Leading Exporters of Packaging Machinery Worldwide (2019E): Percentage Share Breakdown of Export Value by Country
- Competitive Landscape
- A Fragmented Marketplace
- Packaging Machinery Competitor Market Share Scenario Worldwide (in %): 2019
- Consolidation Gains Pace
2. FOCUS ON SELECT PLAYERS
- Adelphi Packaging Machinery (UK)
- Barry-Wehmiller Companies, Inc. (USA)
- Accraply (USA)
- BW Flexible Systems (UK)
- Bradman Lake Group Ltd. (UK)
- B&H Labeling Systems (USA)
- Belco Packaging Systems, Inc. (USA)
- CKD Corp. (Japan)
- Coesia S.p.A. (Italy)
- Norden Machinery AB (Sweden)
- Herma UK Ltd. (UK)
- I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.p.A. (Italy)
- KHS GmbH (Germany)
- Krones AG (Germany)
- Lantech (USA)
- Loveshaw Corp. (USA)
- Newman Labeling Systems, Inc. (USA)
- Ocme UK Ltd. (UK)
- Orion Packaging Systems (USA)
- Robert Bosch Packaging Technology GmbH (Germany)
- SIG Combibloc (Switzerland)
- Signode Industrial Group LLC (USA)
- Tetra Laval International S.A. (Switzerland)
- Sidel S.A. (Switzerland)
- Tetra Pak Inc. (USA)
- Weber Marking Systems (USA)
- Winpak Ltd. (Canada)
3. MARKET TRENDS & DRIVERS
- Need for Packaging Machinery Suppliers to Leverage Disrupting Trends to Remain in Business
- Machinery Manufacturers Prioritize Sustainability to Remain Competitive
- Demand for Flexible Packaging Drives Improvements in VFF Machinery
- Servo-based Controls Witness Strong Growth
- Packaging Machinery Motors Evolve in Design Terms Enhancing Machine Performance
- Flexible Packaging Advancements Fuel Demand for Innovative Packaging Machinery
- Emerging Clean Packaging Trend Poised to Transform Machinery Market
- E-Commerce Leads to New Design Introductions
- Global e-Commerce as a Percentage (%) of Total Retail Sales (2016-2024)
- E-Commerce Sales as a Percentage (%) of Total Retail Sales by Country: 2019
- Industry 4.0 Brings in a New Era
- PackML Sets the Platform for Packaging Machines in Industry 4.0 Environment
- Smart Sensors Offer Big Data Benefits
- Automated Packaging Machinery Displays Strong Growth
- Robotics to Become an Integral Part of Packaging Systems
- Modular Packaging Systems Address Consumer Demand for Changing Packaging Formats
- Surge in Demand for Integrated Packaging Lines
- Automatic Stand-Up Pouch Filling Machines Grow in Demand
- Rise in Demand for Simple Machinery
- Trends in Pharmaceutical Sector Drive the Need for Collaboration between Industry and Equipment Providers
- OEE Makes Way into the Pharma Sector
- Global Prescription Drug Sales in US$ Billion: 2010-2024
- Serialization Drives New Design Developments in Pharma Sector
- Changing Trends Drive Inspection Machinery Upgrades
- Case Packaging Machinery Evolves to Meet Cost Constraints
- Demand for Aseptic Packaging Machinery on Rise
- Labeling Legislations Drive Coding/Marking/Labeling Machinery
- Digitalization Simplifies Labeling Process
- Retail Ready Packaging (RRP) Markets Inject Growth
- End-use Analysis
- Food Processing and Packaging Sector
- Global Packaged Food Sales in US$ Trillion: 2014-2024
- Trends Impacting Packaging Machinery
- Rise in Demand for Products that offer Convenience
- Launch of Healthy and Nutritious Snacks for Active Lifestyle
- Rise in Premium Packaging and Specialty Stores
- Regulations for Coding and Enhanced Informational Printing
- SKU Proliferation Pushes Demand for Versatile Packaging Machinery
- Beverages: The Changing Packaging Mix
- Global Packaged Beverages Market by Material Type (2019E): Percentage Share Breakdown by Beverage Volume
- Global Consumption of Packaged Beverages by Type (2019 & 2025): Percentage Share Breakdown by Volume
- Pharmaceuticals: A Lucrative Market
- Major Growth Driver
- Blister Packaging on Rise in the Pharmaceutical Sector
- Cosmetic Packaging Machinery Registers Strong Growth
- Global Cosmetic Packaging Market (2019E): Percentage Share Breakdown of Sales Value by Material
- Macro Growth Drivers
- Global Economy Growth to Impact Near-term Outlook
- Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2017 through 2020
- Growing Population: A Key Driver
- World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, and 2050
- Aging Population and Millennial Generation Consumers : Playing a Role in Industry Transition
- Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Millennial Population as a Percentage (%) of Total Population in Developing Countries: 2018
- Rapid Pace of Urbanization Spur Opportunities
- World Urban Population in Thousands: 1950-2050P
- Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
- Rising Middle Class Population Propels Sales
- Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
- Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
- Changing Lifestyles & Demographics Continue To Trigger Growth
- Product Overview
- Packaging Machinery
- Types of Packaging Machinery
- A. Bottling Line Machinery
- Case Forming Machinery
- Form-Fill-Seal (FFS) Machines
- Filling & Dosing Machinery
- Cartoning Machines
- Coding/Marking/Labeling Machinery
- Palletizing Machinery
- Miscellaneous Packaging Machinery
- Accessories & Parts
- Wrapping/Bundling Machinery
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 466
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