Research and Markets has announced the addition of the "Global Packaging Machinery Market Research and Analysis, 2015-2022" report to their offering.
The Packaging Machinery market is projected to witness a steady growth rate of over 5.2% during the forecasted period 2016-2022.
Rising demand for packaged food beverages and growing adoption of automatic machinery are the key forces driving the global market.
In 2016, the global packaged food sales were valued at $2,465 billion, up from $2,348 billion in 2014. Rising demand for innovative as well as attractive packaging from the food beverage sector have also played a vital role in the growth of the global packaging machinery market. Active labels in packaging of meat for sensing the expiration of the product is one of the foremost examples of packaging that is being currently deployed in the food industry.
Along with it, the increasing demand for single-serve, multipacks and sustainable packaging is expected to contribute significantly towards the growth of the global packaging machinery market. Growing popularity of robotic packaging is projected to contribute substantially towards the development of the packaging machinery market. In present times, robots are being widely used in the packaging sector owing to their accuracy and reliability.
Market Segmentation:
Packaging Machinery Market by Type of Machine:
Cartoning machine
Labeling coding equipment
Filling and dosing machines
Form fill seal machines
Conveyors
Palletising depalletising machines
Wrapping bundling machines
Closing sealing machines
Others
Packaging Machinery Market by End Users:
Food beverage
Chemical
Personal care
Pharmaceuticals
Others
Companies Mentioned
Automated Packaging Systems Inc.
Bajaj Processpack Ltd.
Barry-Wehmiller Inc.
Bosch Packaging Technology
Coesia S.p.A.
Combi Packaging Systems
Crown Holdings Incorporated
Dover Corporation
GEA Group
Graphic Packaging International Inc.
Illinois Tool Works Inc.
Krones AG
Mamata Enterprises Inc.
Multivac Inc.
Nichrome Packaging Solutions
Nordson Corporation
Orbital Food Machinery Ltd.
Reynolds Group
Toyo Seikan Group Holdings Ltd.
WeighPack Systems Inc.
For more information about this report visit http://www.researchandmarkets.com/research/nhdfvv/global_packaging.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170315006320/en/
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Related Topics: Packaging, Industrial Machinery
