With a constant growth of commercial transactions, the demand for the market has proving a steady growth in the forecast period. The market have a high demand in various industries in order to protect their products from damages that may result due to improper handling and storage. The relatively higher cost of protective packaging machines compared to conventional packaging methods may act as a restraint to the growth of global packaging machines market during the forecast period. Opportunities like innovation in technology to develop packaging materials that are sustainable and can be reused and recycled are the factors favouring the market growth.
The foam protective packaging segment is expected to account for a major share of the global protective packaging market which is creating huge demand for foam protective packaging machinery. In North America the US is projected to increase at a moderate pace during the forecast period. As such, demand for protective packaging machines is in turn expected to witness a steady growth over the forecast horizon.
Some of the key players in the market are Storopack Hans Reichenecker GmbH, Atlantic Packaging, KOCH Pac-Systeme GmbH, Automated Packaging Systems Inc., 3G Packaging Corp., ORVED S.p.A. and Ranpak Corp.
Machine Types Covered:
• Protective Foam Machines
• Paper Fill Machines
• Air Cushion Machines
• Bubble Sheet Manufacturing Machines
• Other Machine Type
• Electronic Gadgets
• Consumer goods
• Industrial Equipment
• Medical equipment
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o South Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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