Packaging machinery offers assistance while packaging commodities before they are shipped for storehouse and delivery networks. It is used in the primary and secondary packaging of food, beverage, pharmaceutical and personal care products.
Global packaging machinery demand is anticipated to rise nearly 8.2% per annum through 2021 to touch USD 59.30 Billion, expanding at a compound annual growth rate (CAGR) of more than 5.6% by 2021.
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Market Segmentation
Type-Based
On the basis of type based, the global packaging machinery market is segment as follows:
Form Fill Seal (FFS)
Wrapping and Bundling
Labeling and Coding
Package Closing and Sealing
End-User
On the basis of End User, the global packaging machinery market is segment as follows:
Chemical
Pharmaceutical and Personal Care
Food
Beverage
By Region
On the basis of region, the global packaging machinery market is segmented into:
North America
Latin America
Western And Eastern Europe
Asia-Pacific
Row (Rest Of World)
Growth Drivers and challenges
Technology development for modular packaging machine, rising demand for smart packaging and growing trend toward retail ready packaging are some major factors which are projected to drive the growth of global packaging machinery market during the forecasted period i.e. 2015-2021.
Market Size and Forecast
Americas currently accounts for more than 36% market share and is further forecasted to dominate the global packaging market due to existence of major vendors in this region.
North America packaging machinery market is anticipated to grow at a CAGR of 3.56% over the period 2015-2021. In the region, U.S. is the biggest market followed by Canada. Furthermore, with the setting up of manufacturing plants and industry in countries like Mexico & Brazil to cater the demand arising in neighboring countries like U.S., the market is expected to swell in near future.

Key Players
The major key players of global packaging machinery market are as follows:
Barry-Wehmiller
Bosch Packaging Technology
Coesia
GEA Group
Illinois Tool Works
KRONES
Contact Key extracts from the Table of Content of Packaging Machinery Market 2015-2021 report:

Packaging Machinery Market Size and Forecast, 2015-2021
Packaging Machinery Market CAGR for the Period 2015-2021
Packaging Machinery Market Y-O-Y for the Period 2015-2021
Packaging Machinery Market Demand & Supply Analysis
Packaging Machinery Market Investment Attractiveness
Packaging Machinery Market BPS Analysis
Packaging Machinery Market Dynamics – Trends, Drivers, Challenges, and Opportunities
Packaging Machinery Market Competitive Landscape Analysis
Packaging Machinery Market Investment Proposition, by Geography


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