Packaging Machinery Market Worth $69,218.0 Million by 2030

iCrowdNewswire

Sep 07, 2021

The development of packaging technology has witnessed significant growth over the last decade. Packaging has become one of the essential processes before offering the final product to consumers. The primary applications of packaging machinery are in a wide range of industries across food & drink, healthcare, cosmetics, and other consumer goods as well as a range of industrial sectors where packaging has become essential, with its usage increasing broadly in line with the global economy.

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The global packaging machinery market size was valued at $43,520.0 million in 2020, and is projected to reach $69,218.0 million by 2030, registering a CAGR of 4.7% from 2021 to 2030.

Packaging machines play a vital role in ensuring product safety throughout the supply chain. The increase in demand for packaging robots from several end-user industries such as food & beverages, pharmaceuticals, and chemicals drive the packaging machinery market growth.

Top 10 Leading Players

Aetna Group S.p.A.
B&H Manufacturing Company, Inc.
Barry-Wehmiller Companies, Inc.
CKD Corporation
Coesia S.p.A.
Duravant LLC
Fuji Machinery Co., Ltd.
Langley Holdings plc
Robert Bosch GmbH
The Adelphi Group of Companies

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Key Market Segments

By Type

Filling Machines
Form, Fill and Seal (FFS) Machines
Cartoning Machines
Palletizing Machines
Labelling Machines
Wrapping Machines
Cleaning & Sterilizing Machines

By Business

OEM
Aftermarket

By End-user

Food and Beverages
Pharmaceuticals
Chemical
Cosmetics
Others

By Region

North America
Europe
Asia-Pacific
LAMEA

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