IndustryARC™

Global Packaging Machinery Market to grow at a CAGR of 5.34% during the period 2016-2020

Press Release   •   May 13, 2016 14:00 EDT

Packaging machinery provides assistance in packaging products before they are dispatched for storage and distribution networks. It is used in the primary and secondary packaging of food, beverage, and pharmaceutical and personal care products. Primary packaging is an important part of the marketing mix as it has a strong impact on the buying decision. In addition, packaging machinery is widely used for filling, labeling, coding, and wrapping products.

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MarketIntelReports analysts forecast the global packaging machinery market to grow at a CAGR of 5.34% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global packaging machinery market for the period 2016-2020. To calculate the market size, the report considers revenue generated from sales of the following machineries:

  • Form fill seal (FFS) machinery
  • Labeling and coding machinery
  • Closing and sealing machinery
  • Wrapping and bundling machinery
  • Other packaging machinery

MarketIntelReports report, Global Packaging Machinery Market 2016-2020, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • Barry-Wehmiller
  • Bosch Packaging Technology
  • Coesia
  • GEA Group
  • Illinois Tool Works
  • KRONES

Other prominent vendors

  • Automated Packaging Systems
  • Dover
  • Graphic Packaging Holding
  • Mamata Enterprises
  • Multivac
  • Nordson
  • Pro Mach
  • Sato
  • Tetra Level International
  • Reynolds Group

Market driver

  • Upgradation to modular packaging machine
  • For a full, detailed list, view our report

Market challenge

  • Competitive pressures for small vendors
  • For a full, detailed list, view our report

Market trend

  • Rising use of multipacks
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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