Packaging Machinery Market to Breach Billion Worth in 2019Posted by IndustryARC on May 24th, 2019 Packaging Machinery market size was around billion - billion in 2018, and its value is estimated to grow at a CAGR of nearly 4% -5% during the forecast period 2019-2025. The information is revealed in a new business intelligence report from IndustryARC, titled: “Packaging Machinery Market: By Analytics (Filling and Packing, Cartoning machines, Tempering, Labelling and printing, Palletizing machines, Wrapping machines, Cleaning and Sterilizing machines); By End Users (Retail and E-commerce, F&B, Cosmetics, Pharmaceuticals and Chemical), & By Geography - Forecast (2019-2025).” Consistent inflow of demand from the food and beverage industry that depends on packaging innovation to lure customers, radical growth of the e-commerce industry which aspires for lightweight packages, and new opportunities across cosmetics and pharmaceutical industries are the primary drivers identified in the packaging machinery market by the analyst of the report. Browse through 153 slides and an in-depth TOC “Packaging Machinery Market (2019 - 2025)” Packaging Machinery Market Product Analysis: Ever changing technologies in the current world coupled with modern lifestyle focused on convenience packaging enticed innovation in packaging machinery market. Stylish and comfortable packaging innovations combined with longer shelf life are ultimately leveraged by end users, as noted by the report. Packaging machinery deals with process automation, which progresses the productivity and ensures quality of the product. Food and pharmaceutical products demand to be perfectly packed and preserve safely all the time. Different packaging machineries are used in multiple stages of packaging process such as filling, sealing, combining, labeling, overwrapping, palletizing, heat sealers, blister packs, vacuum packaging, cooling, drying, fabrication, cleaning, cartooning, and skin packaging machines. Packaging Machinery Market – Competitive Landscape:
Packaging Machinery Market Segment Analysis: F&B end use industry holds a major share in the packaging machinery market and is projected to grow at a CAGR of around 4% - 6% over the forecast period 2019-2025. It involves more packaging of diverse range of food and beverage products at a quick rate. On the basis of geographical analysis provided in the IndustryARC market research report, Asia-Pacific generated the largest share of demand at about 32% - 35% among other regions in the packaging machinery market in 2018. On the back of growing F&B industry, incoming demand from ecommerce, and pharmaceutical, and cosmetics industries, and increasing purchasing power of urban population are some of the key factors primed to sustain strong demand in the global packaging machinery market through 2019 to 2025. Talk to one of our sales representative about the full report by providing your details in the link below: https://industryarc.com/support.php?id=18675 About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today. Contact Us: Mr. Venkateshwar Reddy Business Development Manager Email: sales@industryarc.com Contact Sales: 1-614-588-8538 (Ext-101) Like it? Share it!More by this author |