Packaging Machinery Market Research Report—Global Forecast till 2032

Packaging Machinery Market Research Report Information By Machine-Type (Filling, Labeling, Form-Fill-Seal, Cartoning, Wrapping, Palletizing, Bottling Line, Others), By End-Use (Beverages, Food, Chemicals, Personal Care, Pharmaceuticals, Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

ID: MRFR/PNT/0693-CR | 110 Pages | Author: Harshita Gorade | November 2022         

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Global Packaging Machinery Market Overview

Packaging Machinery Market Size was valued at USD 43.9 billion in 2022. The Packaging Machinery industry is projected to grow from USD 46.5Billion in 2023 to USD 73.54Billionby 2032, exhibiting a compound annual growth rate (CAGR) of 5.90% during the forecast period (2023 - 2032). Growing retail chains and outlets to expand the customer foothold are expected to augment product growth during the packaging machinery market forecast period the key market drivers enhancing the market growth.

               Global Packaging Machinery Market

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Packaging Machinery Market Trends

  • Growing automation and robotics are driving the market growth

Market CAGR for packaging machinery is being driven by the rapid adoption of automation and robotics. As industries strive for greater efficiency and cost-effectiveness, automated packaging solutions have gained immense popularity. Robotics and automation technologies have revolutionized the packaging process by offering higher precision, faster production rates, reduced downtime, and enhanced flexibility. The integration of artificial intelligence and machine learning algorithms with packaging machinery has enabled advanced functionalities like predictive maintenance, self-optimization, and adaptive packaging. Moreover, robotic systems equipped with vision systems can identify defects and ensure consistent quality, reducing the likelihood of faulty products reaching consumers. The trend toward automation and robotics is expected to continue as manufacturers seek to streamline operations and cater to the growing demand for customized packaging solutions.

Additionally, with rising awareness of environmental concerns, consumers and regulatory bodies are pressuring industries to adopt eco-friendly packaging practices. As a result, packaging machinery manufacturers are developing solutions that enable the use of biodegradable, compostable, and recyclable materials. Packaging machinery is being designed to minimize material wastage and optimize packaging designs for reduced environmental impact. Additionally, innovations in light weighting technologies and the use of renewable materials are gaining traction, leading to more sustainable packaging options. Companies are also investing in energy-efficient machinery to reduce their carbon footprint and meet sustainability goals. This trend aligns with the growing consumer preference for environmentally conscious brands, driving companies to prioritize sustainable packaging solutions in their strategies.

The Internet of Things is making its presence felt in the packaging machinery industry, presenting a transformative trend in the way packaging processes are managed and optimized. loT integration allows packaging machinery to be interconnected, enabling seamless communication and data exchange between machines, sensors, and control systems. Real-time monitoring and data analytics provide valuable insights into equipment performance, production efficiency, and predictive maintenance needs. By harnessing loT capabilities, manufacturers can proactively address operational inefficiencies, reduce downtime, and optimize overall production processes. Additionally, loT-driven solutions facilitate remote monitoring and management, allowing companies to have better control over their packaging operations, even across multiple locations.

For instance, the packaging machinery market is experiencing a paradigm shift, with several emerging trends reshaping the industry. Automation and robotics are revolutionizing packaging processes, increasing efficiency, and ensuring higher product quality. Sustainable packaging solutions are becoming imperative to meet environmental demands and align with consumer preferences. Furthermore, loT integration is empowering manufacturers with data-driven insights and enhanced operational control.

As the market continues to evolve, companies that embrace these trends and invest in cutting-edge packaging machinery will gain a competitive advantage. The future of the packaging machinery market looks promising; with a focus on technological innovation and sustainability driving its growth and shaping the industry landscape it driving the Packaging Machinery market revenue.

Packaging Machinery Market Segment Insights

Packaging Machinery Type Insights

The Packaging Machinery market segmentation, based on machine type includes Filling, Labeling, Form-Fill-Seal, Cartoning, Wrapping, Palletizing, Bottling Line, and Others. The form-fill-seal segment dominated the market, accounting for 35% of market revenue (78.48 Billion). FFS machines integrate the processes of forming the packaging material, filling it with the product, and sealing it, all in one continuous operation. They are efficient and widely used in the food and beverage industry.

Packaging Machinery End-Use Insights

The  Packaging Machinery market segmentation, based on distribution channel, includes Beverages, Food, Chemicals, Personal Care, Pharmaceuticals, and Others. The food category generated the most income (70.4%). The food industry is the largest end-user of packaging machinery. Machines in this segment are designed to handle various food products, including snacks, dairy products, beverages, frozen foods, and more.

Figure1: Packaging Machinery Market, by End-Use, 2022 & 2032 (USD Billion)

                Packaging Machinery Market, by End-Use, 2022 & 2032

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Packaging Machinery Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Packaging Machinery market area will dominate this market, owing to its robust manufacturing sector, technological advancements, and high consumer demand. The United States and Canada are the primary contributors to this region's growth. The market has seen significant innovations, such as smart packaging solutions, which offer enhanced traceability and sustainability. Additionally, automation and robotics have been increasingly adopted to improve production efficiency and reduce labor costs.

Further, the major countries studied in the market report are TheUS, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.



Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe's Packaging Machinery market accounts for the second-largest market share due to the rise in e-commerce and home delivery services has also contributed to the demand for advanced packaging solutions that ensure product integrity during transit. Further, the German Packaging Machinery market held the largest market share, and the UK Packaging Machinery market was the fastest-growing market in the European region

The Asia-Pacific Packaging Machinery Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the rising focus on food safety and quality has led to the adoption of sophisticated packaging machinery in the food and beverage industry. Moreover, China’s Packaging Machinery market held the largest market share, and the Indian Packaging Machinery market was the fastest-growing market in the Asia-Pacific region.

Packaging Machinery Key Market Players& Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Packaging Machinery market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Packaging Machinery industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Packaging Machinery industry to benefit clients and increase the market sector. In recent years, the Packaging Machinery industry has offered some of the most significant advantages to medicine. Major players in the Packaging Machinery market, including Krones AG, GEA Group, I.M.A. Industria Macchine Automatiche S.p.A., Tetra Laval International S.A., ProMach, Aktiengesellschaft, Sacmi, Syntegon Technology GmbH, Coesia S.p.A., and Duravant, are attempting to increase market demand by investing in research and development operations.

Krones AG is a German packaging and bottling machine manufacturer. It produces lines for filling beverages in plastic and glass bottles or beverage cans. The company manufactures stretch blow-molding machines for producing polyethylene terephthalate (PET) bottles, plus fillers, labelers, bottle washers, pasteurizers, inspectors, packers, and palletizers. This product portfolio is complemented by material flow systems and process technology for producing beverages for breweries, dairies, and soft-drink companies. Kroner's corporate evolution is closely connected to the socioeconomic conditions prevalent in Germany following World War II. Hermann Kronseder, the father of the present-day chairman of the supervisory board, used his own designs to manufacture semi-automatic labelers starting in 1951. In further development from the 1960s, the firm's range of machinery was extended to include packers and filling systems. In 1980, the company was converted into a stock corporation as Krones AG. With the acquisitions of other companies, the present-day range of machines for the beverage industry was reached.

DURAVANT is an automation equipment company with a premium portfolio of products, services, and integrated solutions. We optimize safety, productivity, efficiency, and connectivity for the world's producers and movers of high-demand goods. Duravant delivers trusted end-to-end solutions through engineering and integration expertise, project management, and operational excellence. With worldwide sales distribution and service networks, we provide immediate and lifetime aftermarket support to all the markets we serve across the food processing, packaging, and material handling sectors. Duravant's market-leading brands are synonymous with innovation, durability, and reliability.

Key Companies in the Packaging Machinery market include

  • Krones AG, GEA Group

  • M.A. Industria Macchine Automatiche S.p.A.

  • Tetra Laval International S.A.

  • ProMach

  • Aktiengesellschaf

  • Sacmi

  • Syntegon Technology GmbH

  • Coesia S.p.A.

  • Duravant

Packaging Machinery Industry Developments

March 2022: Multivac introduced a new tray sealer with its compact and fully automatic T 305. The recently launched product is characterized by its high performance, flexibility, and pack quality.

January 2021: ProMach acquired Bartelt from KHS Group. ProMach aims to boost the portfolio of pouch packaging solutions and enable the company to grow by adding a new North American base for flexible packaging solutions.

Packaging Machinery Market Segmentation

Packaging Machinery Machine-Type Outlook

  • Filling

  • Labeling

  • Form-Fill-Seal

  • Cartoning

  • Wrapping

  • Palletizing

  • Bottling Line

  • Others

Packaging Machinery End-Use Outlook

  • Beverages

  • Food

  • Chemicals

  • Personal Care

  • Pharmaceuticals

  • Others

Packaging Machinery Regional Outlook

  • North America

    • US

    • Canada

  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific

  • Rest of the World

    • Middle East

    • Africa

    • Latin America

Report Scope:

Report Attribute/Metric Details
Market Size2022 USD 43.9Billion
Market Size 2023 USD 46.5Billion
Market Size2032 USD 73.5 Billion
Compound Annual Growth Rate (CAGR) 5.90% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Machine-Type, End-Use, and Region
Geographies Covered North America, Europe, AsiaPacific, and the Rest of the World
Countries Covered The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled  Krones AG, GEA Group, I.M.A. Industria Macchine Automatiche S.p.A., Tetra Laval International S.A., ProMach, Aktiengesellschaf, Sacmi, Syntegon Technology GmbH, Coesia S.p.A., and Duravant
Key Market Opportunities Growing usage of automation in the packaging industry
Key Market Dynamics Increasing use of vacuum packaging machines

Frequently Asked Questions (FAQ) :

The Packaging Machinery market size was valued at USD 43.9 billion in 2022.

The market is projected to grow at a CAGR of 5.90% during the forecast period, 2023-2032.

North America had the largest share of the Packaging Machinery Market

The key players in the market are Krones AG, GEA Group, I.M.A. Industria Macchine Automatiche S.p.A., Tetra Laval International S.A., ProMach, Aktiengesellschaf, Sacmi, Syntegon Technology GmbH, Coesia S.p.A., and Duravant.

The Form-Fill-Seal category dominated the Packaging Machinery Market in 2022.

The Food based has the largest share in the Packaging Machinery Market

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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