Market Research Report on the Packaging Machinery Market

RAIPUR, INDIA, October 26, 2017 /EINPresswire.com/ --

Report Sellers has added a new market research report “Packaging Machinery Market- Forecasts from 2017 to 2022” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.


According to the report, the packaging machinery market is projected to expand at a CAGR of 4.46% over the forecast period to grow to US$60.415 billion by 2022, from US$48.585 billion in 2017. Increasing demand for processed food and beverage products is boosting the packaging machinery market growth.

Moreover, escalating demand for multipacks, single-serve, and sustainable packaging is also significantly contributing to the global packaging machinery market growth. High labor costs and emerging adoption of automation will drive the demand for efficient packaging machineries across various end-use industries during the forecast period.

Competitive Insights: Prominent key market players in Packaging Machinery market include Bosch, GEA Group, Barry-Wehmiller, Krones, Coesia, ITW, and Ilapak among others. The global Packaging Machinery industry is highly competitive due to lack of product differentiation among large number of local and global suppliers.

Small vendors will face difficulties due to intense competition from global market players in terms of price, quality, durability and reliability. Leading market players are engaging in strategic partnerships to gain a larger global market share. In April 2016, GEA Group acquired Imaforni to become a market leader for sophisticated equipment for the biscuit industry.

Browse through the complete description and in-depth TOC on “Packaging Machinery Market”
https://www.reportsellers.com/market-research-report/Packaging-Machinery-Market---Forecasts-from-2017-to-2022

Report Scope

Packaging Machinery market is segmented by type, end user, and geography:

By Type
Filling and Form Machines
Labelling and Coding Machines
Wrapping Machines
Case Forming Machines
Conveyors
Others

By End User
Food and Beverage
Pharmaceuticals
Logistics
Cosmetics and Personal Care
Chemical
Others

By Geography
Americas
North America
U.S.
Canada
Mexico
Others
South America
Brazil
Others
Europe Middle East and Africa
Europe
UK
Germany
France
Others
Middle East and Africa
Asia Pacific
Japan
China
India
Others

Request Sample here: https://www.reportsellers.com/market-research-report/Packaging-Machinery-Market---Forecasts-from-2017-to-2022

Related Reports
https://www.reportsellers.com/market-research-report/Pharmaceutical-Packaging-Machinery---Global-Market-Outlook-2016-2022
https://www.reportsellers.com/market-research-report/Packaging-Machinery-Market---Forecasts-from-2017-to-2022
https://www.reportsellers.com/market-research-report/Flexible-Packaging-Market-in-India-2017

We have a large number of reports in Manufacturing & Construction which can be accessed in the following link
https://www.reportsellers.com/category/manufacturing-construction-market-research-report

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