Packaging Machinery Market Summary
As per Market Research Future Analysis, the Global Packaging Machinery Market was valued at USD 49.24 billion in 2024 and is projected to grow to USD 81.22 billion by 2034, with a CAGR of 5.10% from 2025 to 2034. The market is driven by the expansion of retail chains, increasing automation, and the demand for sustainable packaging solutions. The food industry remains the largest end-user, accounting for 70.4% of market revenue, while the form-fill-seal segment leads with 35% market share. North America dominates the market, followed by Europe and Asia-Pacific, with significant growth expected in the latter due to rising food safety concerns.
Key Market Trends & Highlights
Key trends shaping the Packaging Machinery Market include automation, sustainability, and IoT integration.
- Automation and robotics are enhancing efficiency and product quality, with a focus on customized packaging solutions.
- Sustainable packaging practices are being prioritized, with manufacturers developing biodegradable and recyclable materials.
- IoT integration allows for real-time monitoring and data analytics, optimizing production processes and reducing downtime.
- The food and beverage industry is the largest end-user, generating 70.4% of market income.
Market Size & Forecast
2024 Market Size | USD 49.24 Billion |
2034 Market Size | USD 81.22 Billion |
CAGR (2025-2034) | 5.10% |
Major Players
Key players include Krones AG, GEA Group, I.M.A. Industria Macchine Automatiche S.p.A., Tetra Laval International S.A., ProMach, Sacmi, Syntegon Technology GmbH, Coesia S.p.A., and Duravant.