Excellent expectations of market increase in the packaging machinery market

This market is keeping its positive trend due to the increase of applications in a wide range of industries, like food and beverage, healthcare, cosmetics, as well as Industrial sectors where packaging has become essential.

The market increase is driven by:
• Increase of consumer goods demand
• Adoption of automated packaging machines, that reduces the whole production process time
• Development of energy efficient machines
• Increasing demand for packaging robots

Concerning the type of Machinery, this market is categorized into filling machines, form, fill and seal machines (FFS), cartonining, palletizing, labelling, wrapping and cleaning and sterilizing. This last one, cleaning and sterilizing have one of the biggest CAGR, for sure this is related with the pandemic effects in the Pharma industries, among others.

The end-user classification consists of food and beverages, pharmaceuticals, chemicals, cosmetics and others.

The packaging machinery market is segmented by region, Packaging Machinery market is divided by regional markets as by North Amercia (US, Canada and Mexico), Europe (Germany, UK, France, Italy and rest of Europe), Asia-Pacific (China, India, Japan, Australia and rest of Asi-Pacific) and LAMEA (Latin America, Middle East and Africa). The fastest growing regional market of packaging machinery is this last group, Latin America, Middle East and Africa, due to increase in personal disposable income in Argentina, Colombia and Nigeria. Furthermore, the increase in urbanization and e-commerce are also drivers.

For more information
bph@barcelona-packaging-hub.com
https://barcelona-packaging-hub.com/contacto/