Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 46.83 Billion

CAGR (2023-2028)

4.46%

Fastest Growing Segment

General Packaging

Largest Market

Asia Pacific

Market Overview

The projected market size for the global packaging machinery market is expected to reach USD 46.83 billion by the end of 2022, with a compound annual growth rate (CAGR) of 4.46% during the forecast period. The global packaging machinery market is a vital component of the industrial machinery sector, facilitating the efficient and precise packaging of products across various industries. This market encompasses a wide range of machinery types, including filling, labeling, capping, sealing, and wrapping machines, catering to diverse packaging needs. The market's growth is driven by factors such as the increasing demand for packaged goods, advancements in automation and technology, and the growing emphasis on sustainable and eco-friendly packaging solutions. The integration of robotics, IoT, and AI is revolutionizing packaging processes, enhancing efficiency and reducing errors. Geographically, developed regions like North America and Europe, along with emerging economies in Asia Pacific, contribute to the market's expansion. Regulatory standards and the pursuit of innovative, flexible packaging solutions further shape the dynamics of this market, positioning it as a critical enabler of modern packaging strategies worldwide.

Key Market Drivers

Rising Demand for Packaged Goods

The escalating demand for packaged goods is a pivotal driver propelling the growth of the global packaging machinery market. As consumer lifestyles evolve and urbanization continues, there is a profound shift in shopping and consumption patterns. The increasing preference for convenience, coupled with busier schedules, has elevated the demand for products that are readily packaged and easily accessible. This surge in demand extends across a wide range of industries, including food and beverages, pharmaceuticals, personal care, and household products. Packaging machinery plays a fundamental role in meeting this demand by providing efficient and high-speed packaging solutions that ensure products are prepared for distribution and retail shelves in a timely manner. Moreover, with e-commerce gaining prominence, the need for packaging that ensures safe delivery of products to consumers' doorsteps further underscores the importance of advanced packaging machinery. As businesses strive to cater to changing consumer habits and preferences, the global packaging machinery market is poised to continue its growth trajectory, offering innovative solutions to efficiently package a diverse array of goods and meet the demands of a dynamic market landscape.

Advancements in Automation, Robotics, and Industry 4.0 Technologies

The growth of the global packaging machinery market is significantly propelled by advancements in automation, robotics, and Industry 4.0 technologies. These transformative innovations are reshaping traditional packaging processes, optimizing efficiency, precision, and adaptability. Automation streamlines operations by reducing manual labor and human intervention, leading to enhanced production speed, reduced errors, and improved consistency in packaging outcomes. Integrating robotics into packaging machinery introduces a new level of versatility and flexibility, as robots can perform intricate tasks with precision and speed. Moreover, the integration of Industry 4.0 principles, characterized by the connectivity of machinery and data-driven insights, revolutionizes packaging line management. Real-time monitoring, predictive maintenance, and data analytics empower businesses to make informed decisions, minimize downtime, and maximize operational efficiency. As packaging requirements become more diverse and consumer preferences evolve, the ability of automation, robotics, and Industry 4.0 technologies to cater to customization and rapid changes positions them as fundamental drivers of the packaging machinery market's growth. Businesses across various industries are recognizing the transformative potential of these advancements, leveraging them to meet modern demands and stay competitive in an ever-changing market landscape.

The booming E-commerce Industry

The exponential growth of the e-commerce industry is playing a pivotal role in driving the expansion of the global packaging machinery market. As consumers increasingly turn to online shopping, the demand for efficient and reliable packaging solutions has surged. Packaging machinery is integral in addressing the unique challenges posed by e-commerce, such as the need for protective packaging to ensure safe product delivery. Automated packaging systems capable of adapting to various product sizes and providing secure packaging have become essential to meet e-commerce's rapid pace and high volume demands. Furthermore, the rise of direct-to-consumer models and the need for personalized packaging experiences align with the capabilities offered by advanced packaging machinery. As e-commerce continues to reshape consumer behavior and retail landscapes, the packaging machinery market is poised to benefit from the industry's persistent growth, underlining its vital role in ensuring efficient and secure product packaging for online retailers and consumers alike.

The Global Shift Toward Sustainability

The global packaging machinery market is experiencing significant growth driven by the pervasive shift toward sustainability in packaging practices. As consumers and industries increasingly prioritize eco-friendly solutions, the demand for packaging machinery that accommodates sustainable materials and processes is on the rise. Manufacturers are seeking packaging machinery capable of efficiently handling recyclable, biodegradable, and compostable materials to align with environmental goals. Advanced machinery can also minimize material waste during packaging processes, contributing to a more sustainable production cycle. Additionally, the trend towards sustainable packaging extends to reducing over-packaging and optimizing package sizes to reduce carbon footprints. The packaging machinery sector is responding by developing innovative solutions that not only enhance operational efficiency but also support businesses in meeting their sustainability targets, making it a critical driver in the market's growth trajectory.

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Key Market Challenges

Concern Related to Initial Investment Costs

A notable concern related to the growth of the global packaging machinery market is the significant initial investment costs associated with acquiring and implementing advanced packaging machinery. While modern machinery offers substantial benefits in terms of efficiency, speed, and customization, the high upfront costs can pose a barrier for businesses, particularly small and medium-sized enterprises. Justifying the return on investment (ROI) and allocating budgets for machinery acquisition can be challenging, especially when considering the broader operational expenses and market uncertainties. Manufacturers and businesses often need to carefully weigh the potential long-term advantages against the initial financial outlay. To mitigate this concern, some packaging machinery providers are exploring innovative pricing models, financing options, and leasing arrangements to make their technology more accessible, thus addressing this challenge and promoting wider adoption of advanced packaging solutions.

Global Supply Chain Disruptions

The growth of the global packaging machinery market is being hindered by the persistent challenges posed by global supply chain disruptions. These disruptions, often caused by unforeseen events such as the COVID-19 pandemic, natural disasters, or geopolitical factors, can impact the timely availability of critical components and materials required for manufacturing packaging machinery. This leads to delays in production, extended lead times, and uncertainties in meeting customer demands. The interconnected nature of the supply chain means that a disruption in one part of the world can ripple across industries and regions. The resulting uncertainty and volatility can create challenges for manufacturers, affecting their ability to deliver machinery on schedule and hindering the growth potential of the market. Navigating these supply chain disruptions requires businesses to implement robust risk mitigation strategies, enhance supply chain visibility, and consider localized sourcing options to ensure the stability and growth of the packaging machinery market.

Key Market Trends

The integration of Internet of Things (IoT) technology into Packaging machinery

The integration of Internet of Things (IoT) technology into packaging machinery is a significant driver of growth in the global packaging machinery market. IoT's seamless connectivity and data exchange capabilities are revolutionizing packaging processes by enabling real-time monitoring, predictive maintenance, and data-driven insights. Smart packaging machinery equipped with IoT sensors and devices can track performance metrics, detect anomalies, and provide valuable operational data that assists in optimizing efficiency and minimizing downtime. This technology empowers manufacturers to proactively address maintenance needs, enhance production planning, and improve overall equipment effectiveness. As industries increasingly recognize the benefits of harnessing data-driven insights for operational excellence, the adoption of IoT-enabled packaging machinery is poised to expand. The convergence of IoT with packaging machinery not only enhances productivity but also offers businesses a competitive edge by ensuring reliable, efficient, and connected packaging processes that align with modern demands for efficiency, quality, and digital transformation.

The demand for Flexible Packaging Solutions

The global packaging machinery market is experiencing notable growth driven by the increasing demand for flexible packaging solutions. As consumer preferences evolve and industries seek to optimize convenience and sustainability, the appeal of flexible packaging formats has grown significantly. Packaging machinery that can efficiently handle various flexible formats, such as pouches and sachets, is in high demand to cater to the diverse needs of products ranging from food and beverages to cosmetics and pharmaceuticals. Flexible packaging offers benefits like lightweight, reduced material usage, and space efficiency, making it an attractive choice for both manufacturers and consumers. To accommodate this demand, packaging machinery manufacturers are focusing on designing and adapting equipment that can seamlessly handle the complexities of flexible packaging materials, reinforcing the integral role of this trend in driving the growth of the packaging machinery market on a global scale.

Segmental Insights

Technology Insights

Based on technology, the general packaging emerges as the predominant segment, exhibiting unwavering dominance projected throughout the forecast period. General packaging technology encompasses a wide array of packaging processes that cater to diverse industries and product types. This segment's versatility and adaptability make it a cornerstone of packaging solutions, offering the flexibility to handle various packaging formats, materials, and product sizes. As industries evolve and consumer demands change, the general packaging technology segment remains essential in meeting the packaging needs of a dynamic market landscape. Its consistent relevance, coupled with advancements in automation, customization, and efficiency, ensures its enduring dominance and pivotal role in shaping the trajectory of the packaging machinery market.

End User Insights

Based on end user, the food & beverage segment emerges as a formidable frontrunner, exerting its dominance and shaping the market's trajectory throughout the forecast period. As an essential industry with diverse packaging requirements, it drives the demand for advanced packaging machinery to efficiently handle a wide range of products, from perishables to beverages. Rapidly changing consumer preferences, stringent safety regulations, and the need for innovative packaging solutions contribute to the sector's prominence. Packaging machinery manufacturers are focusing on tailoring solutions that align with the specific demands of the food and beverage industry, ensuring product integrity, hygiene, and compliance. As the sector continues to evolve and adapt to emerging trends, its enduring influence cements its position as a key driver shaping the course of the global packaging machinery market.

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Regional Insights

Asia Pacific asserts itself as the dominating region within the global packaging machinery market, driven by a confluence of strategic factors that distinctly underscore its pivotal role in shaping the industry's growth trajectory. The region's dynamic economies, rapid industrialization, and burgeoning population contribute to an ever-increasing demand for packaged goods across diverse sectors. Additionally, Asia Pacific's role as a manufacturing hub and export powerhouse further propels the need for advanced packaging machinery to meet production and distribution demands. The region's embrace of technological innovation and automation aligns seamlessly with the evolving packaging landscape. With a diverse consumer base, changing preferences, and a drive toward sustainability, Asia Pacific not only fuels its own growth but also influences global packaging trends. As these factors harmonize, Asia Pacific's commanding position is solidified, serving as a cornerstone of the packaging machinery market's expansion and innovation.

Recent Developments

  • In August 2023, Amcor, a prominent player in the packaging industry, announced its strategic move towards expansion by acquiring a scalable flexible packaging plant in the high-growth Indian market. This acquisition underlines Amcor's commitment to capitalizing on the burgeoning demand for packaging solutions in India, a country witnessing rapid urbanization and changing consumer habits. By integrating this flexible packaging plant into its portfolio, Amcor aims to enhance its production capabilities and meet the diverse packaging needs of various industries operating within the region.
  • In June 2023, Viking Masek Packaging Technologies announced a significant merger with a New Berlin-based company. This strategic move is set to reshape the landscape of packaging technology and solutions. Viking Masek Packaging Technologies, known for its expertise in packaging machinery and innovative solutions, joins forces with the New Berlin company to leverage complementary strengths and expand their collective offerings. This merger reflects the industry's recognition of the evolving demands for packaging solutions that cater to diverse industries and changing consumer preferences.
  • In February 2023, Sidel, a prominent player in the packaging industry, made a significant move to expand its capabilities by acquiring a new company, further enhancing its labeling machine offerings. This strategic acquisition underscores Sidel's commitment to providing comprehensive and cutting-edge solutions for the packaging sector. With this expansion, Sidel aims to strengthen its position in the market and address the evolving demands of industries seeking efficient and innovative labeling solutions.

Key Market Players

  • Krones Inc.
  • Robert Bosch GmbH
  • PAC Machinery Group
  • Coesia S.p.A.
  • Tetra Pak International S.A
  • Graphic Packaging International, LLC
  • Ishida Co. Limited
  • Sidel S.A.
  • MULTIVAC Group
  • I.M.A Industria Macchine Automatiche S.p.A

By Product Type

By Technology

By End User

By Region

  • Filling
  • Labelling
  • Decorating & Coding
  • Case handling
  • Bottling line
  • Palletizing
  • Wrapping & Bundling
  • Blister
  • Others
  • General Packaging
  • Modified Atmosphere Packaging
  • Vacuum Packaging
  • Food & Beverage
  • Pharmaceutical
  • Personal Care
  • Cosmetics & Toiletries
  • Industrial
  • Chemical
  • North America
  • Europe
  • South America
  • Middle East & Africa
  • Asia Pacific

 

Report Scope:

In this report, the global packaging machinery market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Global Packaging Machinery Market, By Product Type:

o   Filling

o   Labelling

o   Decorating & Coding

o   Case handling

o   Bottling line

o   Palletizing

o   Wrapping & Bundling

o   Blister

o   Others

  • Global Packaging Machinery Market, By Technology:

o   General Packaging

o   Modified Atmosphere Packaging

o   Vacuum Packaging

  • Global Packaging Machinery Market, By End User:

o   Food & Beverage

o   Pharmaceutical

o   Personal Care

o   Cosmetics & Toiletries

o   Industrial

o   Chemical

  • Global Packaging Machinery Market, By Region:

o   North America

o   Europe

o   South America

o   Middle East & Africa

o   Asia Pacific

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Packaging Machinery Market.

Available Customizations:

Global Packaging Machinery market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Packaging Machinery Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]               

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

4.    Impact of COVID-19 on Global Packaging Machinery Market

5.    Voice of Customer

6.    Global Packaging Machinery Market Overview

7.    Global Packaging Machinery Market Outlook

7.1.  Market Size & Forecast

7.1.1.       By Value

7.2.  Market Share & Forecast

7.2.1.      By Product Type (Filling, Labelling, Decorating & Coding, Case handling, Bottling line, Palletizing, Wrapping & Bundling, Blister, Others)

7.2.2.      By Technology (General Packaging, Modified Atmosphere Packaging, Vacuum Packaging)

7.2.3.      By End User (Food & Beverage, Pharmaceutical, Personal Care, Cosmetics & Toiletries, Industrial, Chemical)

7.2.4.      By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

7.2.5.       By Region

7.3.  By Company (2022)

7.4.  Market Map

8.    North America Packaging Machinery Market Outlook

8.1.  Market Size & Forecast

8.1.1.       By Value

8.2.  Market Share & Forecast

8.2.1.      By Product Type

8.2.2.      By Technology

8.2.3.      By End User

8.2.4.      By Country

8.3.    North America: Country Analysis

8.3.1.      United States Packaging Machinery Market Outlook

8.3.1.1.  Market Size & Forecast

8.3.1.1.1.  By Value 

8.3.1.2.  Market Share & Forecast

8.3.1.2.1. By Product Type

8.3.1.2.2. By Technology

8.3.1.2.3. By End User

8.3.2.      Canada Packaging Machinery Market Outlook

8.3.2.1.  Market Size & Forecast

8.3.2.1.1.  By Value 

8.3.2.2.  Market Share & Forecast

8.3.2.2.1. By Product Type

8.3.2.2.2. By Technology

8.3.2.2.3. By End User

8.3.3.      Mexico Packaging Machinery Market Outlook

8.3.3.1.  Market Size & Forecast

8.3.3.1.1.  By Value 

8.3.3.2.  Market Share & Forecast

8.3.3.2.1. By Product Type

8.3.3.2.2. By Technology

8.3.3.2.3. By End User

9.    Europe Packaging Machinery Market Outlook

9.1.  Market Size & Forecast

9.1.1.       By Value

9.2.  Market Share & Forecast

9.2.1.      By Product Type

9.2.2.      By Technology

9.2.3.      By End User

9.2.4.      By Country

9.3.    Europe: Country Analysis

9.3.1.      Germany Packaging Machinery Market Outlook

9.3.1.1.  Market Size & Forecast

9.3.1.1.1.  By Value 

9.3.1.2.  Market Share & Forecast

9.3.1.2.1. By Product Type

9.3.1.2.2. By Technology

9.3.1.2.3. By End User

9.3.2.        United Kingdom Packaging Machinery Market Outlook

9.3.2.1.  Market Size & Forecast

9.3.2.1.1.  By Value 

9.3.2.2.  Market Share & Forecast

9.3.2.2.1. By Product Type

9.3.2.2.2. By Technology

9.3.2.2.3. By End User

9.3.3.      France Packaging Machinery Market Outlook

9.3.3.1.  Market Size & Forecast

9.3.3.1.1.  By Value 

9.3.3.2.  Market Share & Forecast

9.3.3.2.1. By Product Type

9.3.3.2.2. By Technology

9.3.3.2.3. By End User

9.3.4.      Spain Packaging Machinery Market Outlook

9.3.4.1.  Market Size & Forecast

9.3.4.1.1.  By Value 

9.3.4.2.  Market Share & Forecast

9.3.4.2.1. By Product Type

9.3.4.2.2. By Technology

9.3.4.2.3. By End User

9.3.5.      Italy Packaging Machinery Market Outlook

9.3.5.1.  Market Size & Forecast

9.3.5.1.1.  By Value 

9.3.5.2.  Market Share & Forecast

9.3.5.2.1. By Product Type

9.3.5.2.2. By Technology

9.3.5.2.3. By End User

10. South America Packaging Machinery Market Outlook

10.1.   Market Size & Forecast

10.1.1.    By Value

10.2.   Market Share & Forecast

10.2.1.    By Product Type

10.2.2.    By Technology

10.2.3.    By End User

10.2.4.    By Country

10.3. South America: Country Analysis

10.3.1.    Brazil Packaging Machinery Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1.   By Value 

10.3.1.2. Market Share & Forecast

10.3.1.2.1.   By Product Type

10.3.1.2.2.   By Technology

10.3.1.2.3.   By End User

10.3.2.     Argentina Packaging Machinery Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1.   By Value 

10.3.2.2. Market Share & Forecast

10.3.2.2.1.   By Product Type

10.3.2.2.2.   By Technology

10.3.2.2.3.   By End User

10.3.3.    Colombia Packaging Machinery Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1.   By Value 

10.3.3.2. Market Share & Forecast

10.3.3.2.1.   By Product Type

10.3.3.2.2.   By Technology

10.3.3.2.3.   By End User

11. Middle East & Africa Packaging Machinery Market Outlook

11.1.   Market Size & Forecast

11.1.1.    By Value

11.2.   Market Share & Forecast

11.2.1.    By Product Type

11.2.2.    By Technology

11.2.3.    By End User

11.2.4.    By Country

11.3. Middle East & America: Country Analysis

11.3.1.    Israel Packaging Machinery Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value 

11.3.1.2. Market Share & Forecast

11.3.1.2.1.   By Product Type

11.3.1.2.2.   By Technology

11.3.1.2.3.   By End User

11.3.2.     Qatar Packaging Machinery Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value 

11.3.2.2. Market Share & Forecast

11.3.2.2.1.   By Product Type

11.3.2.2.2.   By Technology

11.3.2.2.3.   By End User

11.3.3.    UAE Packaging Machinery Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value 

11.3.3.2. Market Share & Forecast

11.3.3.2.1.   By Product Type

11.3.3.2.2.   By Technology

11.3.3.2.3.   By End User

11.3.4.    Saudi Arabia Packaging Machinery Market Outlook

11.3.4.1. Market Size & Forecast

11.3.4.1.1. By Value 

11.3.4.2. Market Share & Forecast

11.3.4.2.1.   By Product Type

11.3.4.2.2.   By Technology

11.3.4.2.3.   By End User

12. Asia Pacific Packaging Machinery Market Outlook

12.1.   Market Size & Forecast

12.1.1.    By Value

12.2.   Market Share & Forecast

12.2.1.    By Product Type

12.2.2.    By Technology

12.2.3.    By End User

12.2.4.    By Country

12.3. Asia Pacific: Country Analysis

12.3.1.    China Packaging Machinery Market Outlook

12.3.1.1. Market Size & Forecast

12.3.1.1.1.   By Value 

12.3.1.2. Market Share & Forecast

12.3.1.2.1.   By Product Type

12.3.1.2.2.   By Technology

12.3.1.2.3.   By End User

12.3.2.     Japan Packaging Machinery Market Outlook

12.3.2.1. Market Size & Forecast

12.3.2.1.1.   By Value 

12.3.2.2. Market Share & Forecast

12.3.2.2.1.   By Product Type

12.3.2.2.2.   By Technology

12.3.2.2.3.   By End User

12.3.3.    South Korea Packaging Machinery Market Outlook

12.3.3.1. Market Size & Forecast

12.3.3.1.1.   By Value 

12.3.3.2. Market Share & Forecast

12.3.3.2.1.   By Product Type

12.3.3.2.2.   By Technology

12.3.3.2.3.   By End User

12.3.4.    India Packaging Machinery Market Outlook

12.3.4.1. Market Size & Forecast

12.3.4.1.1.   By Value 

12.3.4.2. Market Share & Forecast

12.3.4.2.1.   By Product Type

12.3.4.2.2.   By Technology

12.3.4.2.3.   By End User

12.3.5.    Australia Packaging Machinery Market Outlook

12.3.5.1. Market Size & Forecast

12.3.5.1.1.   By Value 

12.3.5.2. Market Share & Forecast

12.3.5.2.1.   By Product Type

12.3.5.2.2.   By Technology

12.3.5.2.3.   By End User

13. Market Dynamics

13.1.   Drivers

13.2.   Challenges

14. Market Trends and Developments

15. Company Profiles

15.1.   Krones Inc.

15.1.1. Business Overview

15.1.2. Key Financials & Revenue

15.1.3. Key Contact Person

15.1.4. Headquarters Address

15.1.5. Key Product/Service Offered

15.2.   Robert Bosch GmbH

15.2.1. Business Overview

15.2.2. Key Financials & Revenue

15.2.3. Key Contact Person

15.2.4. Headquarters Address

15.2.5. Key Product/Service Offered

15.3.     PAC Machinery Group

15.3.1. Business Overview

15.3.2. Key Financials & Revenue

15.3.3. Key Contact Person

15.3.4. Headquarters Address

15.3.5. Key Product/Service Offered

15.4.   Coesia S.p.A.

15.4.1. Business Overview

15.4.2. Key Financials & Revenue

15.4.3. Key Contact Person

15.4.4. Headquarters Address

15.4.5. Key Product/Service Offered

15.5.   Tetra Pak International S.A

15.5.1. Business Overview

15.5.2. Key Financials & Revenue

15.5.3. Key Contact Person

15.5.4. Headquarters Address

15.5.5. Key Product/Service Offered

15.6.   Graphic Packaging International, LLC

15.6.1. Business Overview

15.6.2. Key Financials & Revenue

15.6.3. Key Contact Person

15.6.4. Headquarters Address

15.6.5. Key Product/Service Offered

15.7.   Ishida Co. Limited

15.7.1. Business Overview

15.7.2. Key Financials & Revenue

15.7.3. Key Contact Person

15.7.4. Headquarters Address

15.7.5. Key Product/Service Offered

15.8.   Sidel S.A.

15.8.1. Business Overview

15.8.2. Key Financials & Revenue

15.8.3. Key Contact Person

15.8.4. Headquarters Address

15.8.5. Key Product/Service Offered

15.9.    MULTIVAC Group

15.9.1. Business Overview

15.9.2. Key Financials & Revenue

15.9.3. Key Contact Person

15.9.4. Headquarters Address

15.9.5. Key Product/Service Offered

15.10.I.M.A Industria Macchine Automatiche S.p.A

15.10.1.  Business Overview

15.10.2.  Key Financials & Revenue

15.10.3.  Key Contact Person

15.10.4.  Headquarters Address

15.10.5.  Key Product/Service Offered

16. Strategic Recommendations

17. About Us & Disclaimer


Figures and Tables

Frequently asked questions

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The market size of the global packaging machinery market was estimated to be USD 46.83 billion in 2022.

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In 2022, labelling was the dominant segment by product type in the global packaging machinery market. Labelling machinery plays a pivotal role in ensuring accurate product information, branding, and regulatory compliance. With diverse products and packaging formats across industries, the demand for efficient and versatile labelling solutions remains consistently high. As consumer expectations evolve and customization gains prominence, the labelling segment's significance persists, making it a driving force in shaping the trajectory of the packaging machinery market.

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Key players in the market are Krones Inc., Robert Bosch GmbH, PAC Machinery Group, Coesia S.p.A., Tetra Pak International S.A, Graphic Packaging International, LLC, Ishida Co. Limited, Sidel S.A., MULTIVAC Group, I.M.A Industria Macchine Automatiche S.p.A and others.

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The Advancements in Automation, Robotics, and Industry 4.0 Technologies and booming E-commerce industry are the major drivers for the global packaging machinery market.

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Srishti Verma

Business Consultant
Press Release

Packaging Machinery Market to be Led by booming E-commerce Industry across the Globe Through 2028

Nov, 2023

Advancements in Automation, Robotics, and Industry 4.0 Technologies is driving the Implementation of Packaging Machinery market across the Global.