Packaging Equipment Market - Growth Statistics, Trends Analysis, Revenue and Forecast to 2027

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Packaging Equipment Market - Latest Trends,
Development Outlook and Demand Analysis to 2027
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• Apart from merely protecting consumer and
  industrial products, packaging has evolved to
  play a crucial role in the supply chain, brand
  management, and other areas of businesses.
  Packaging equipment and machinery are thus paving
  the way for businesses to drive customer
  engagement and meet the sustainability
  requirements of diverse industries, including
  food and beverages.
• With the gradual ease of the COVID-19
  restrictions, the demand for packaged goods has
  witnessed an increase in recent years,
  proliferating the packaging equipment market
  growth. According to data from Bizom, the sales
  of packaged consumer products including
  confectionery rose by 1.7 in the first 3 weeks
  of July from March 2021.
• To cite an instance, in February 2022, Viking
  Masek Packaging Technologies launched the
  4SC-235, its line of automated pouch packaging
  machines. This affordable and user-friendly
  option was designed to meet the needs of
  expanding small businesses as well as niche
  markets. With this machinery, the companys
  clients can automate the manual packaging process
  and maintain the premium build quality of the
  offerings.

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• To enhance the sterility and shelf life,
  combination medical devices require
  high-performance packaging materials. These
  packaging solutions must also provide a barrier
  against moisture, light, and oxygen to maintain
  the efficacy of the APIs (active pharmaceutical
  ingredients). To achieve these, companies have
  been introducing innovative solutions for
  sensitive medical products.
• For example, in June 2021, Amcor unveiled a
  specialty multi-chamber pouch for drug-device
  combination products. This new system is made of
  high-strength foil laminate to increase drug
  efficacy and shelf life. The rapid introduction
  of packaging materials with efficient design
  could increase brand awareness and consequently
  power the packaging equipment market for medical
  device applications.
• Furthermore, high-quality equipment manufacturers
  have also been launching new machines powered by
  innovative technology for personal care and other
  industrial applications. For instance, in October
  2021, ATS Packaging Machinery unveiled a Gemini
  capping machine that has incorporated
  high-precision tightening technology with
  programmable torque, applied force, speed, and
  vertical positioning of the capping head. The
  machine has been made available with UL, CGMP,
  FDA, and Ex certifications, making it suitable
  for packaging applications in personal care,
  cosmetics, and other industries.
• Over the years, consumer and industrial services
  companies have continued to seek packaging
  partners with expertise in structural design and
  material to optimize performance and
  sustainability.

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• With the growing awareness of hygiene during the
  novel coronavirus pandemic, the adoption of
  high-quality personal care products has been
  skyrocketing. In addition, the pandemic has
  proved to be a catalyst for the growing
  popularity of hair care and other personal care
  products. HUL (Hindustan Unilever Limited), for
  example, witnessed a surge in the market share of
  its hair care segment to a 15-year high in 2021.
  Factors like these could proliferate personal
  care packaging and handling equipment.
• In the wake of the COVID-19 pandemic, businesses
  have been dealing with a massive labor shortage,
  leading to long shipping times. To alleviate
  these issues, high-performance packaging
  manufacturers have been moving forward with new
  strategies, including the launch of reliable,
  efficient, easy-to-use automatic packaging
  systems.

• Competitive Analysis

• Key players operating in the market include
  Graphic Packaging Holding, SIG Combibloc Group
  Ltd., GEA Group, I.M.A Group, Salzgitter AG,
  OPTIMA Packaging Group GmbH, SACMI Imola SC, FUJI
  MACHINERY Co., Ltd., CKD Corporation, Langley
  Holdings Plc, Douglas Machine Inc., Marchesini
  Group, Syntegon Technology GmbH, and
  Barry-Wehmiller Group, Inc.

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