Bagging equipment is used for dosing and packaging various products such as medicines, cosmetics, and food into small bags or sachets. Bagging equipment is employed to feed, weigh, and fill products into bags. Various types of bagging equipment are available in the market, including open-mouth bagging equipment, valve bag fillers/packers, form fill seal baggers, FIBC baggers, manual baggers, and compression baggers. Bagging equipment can be classified as semi-automatic bagging equipment and automatic bagging equipment.
On the back of these factors, the global bagging equipment market is expected to exhibit a CAGR of 4.2% during the forecast period of 2019-2028 to reach US$ 41.9 Bn by 2028.
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Key Takeaways of Bagging Equipment Market Study
- As per FMI research, among the different segments by product type, the standalone equipment segment is projected to create high incremental opportunity and have a positive outlook during the forecast period. This can be attributed to the significant price difference between standalone bagging equipment and integrated bagging line. Standalone bagging equipment is more economical and hence, preferred by small-scale manufacturers in emerging economies.
- By capacity, the 1,001-2,000 bags/hour segment is expected to be a prominent segment during the forecast period.
- The food industry has emerged as a major end-use industry for bagging equipment, which can be attributed to the rising demand for packaged and processed food worldwide.
- The automatic bagging equipment segment holds a prominent share in the global bagging equipment market as automation is increasingly being adopted in the packaging industry.
- Vertical baggers are preferred variant in the bagging equipment industry, which can be attributed to the fact that multiple bagging styles can be processed by these bagging equipment.
“Key players in the global bagging equipment market can gain significant profits by focusing on enhancing their market presence in untapped and developing countries such as China and India, attributable to expansion of food industries and hygiene awareness in this region,” says an FMI analyst.
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Bagging Equipment Market Landscape
Manufacturers of bagging equipment faces intense competition in the global market. As per Future Market Research, high growth of the bagging equipment market is expected in next ten years, attributable to cost-effectiveness, and high performance functionality of bagging equipment. Major participants in the global bagging equipment market include Robert Bosch GMBH, All-Fill Incorporated, Tokyo Automatic Machinery Works Ltd, I.M.A. Industria Macchine Automatiche SpA,
PAYPER, S.A., Bossar Packaging S.A., CONCETTI S.P.A., Omori Machinery Co. Ltd, Fres-co System USA, Inc., WOLF Verpackungsmaschinen GmbH, Fuji Machinery Co. Ltd, Webster Griffin Ltd., BW Companies Inc., Buhler Holding AG, Imanpack Packaging and Eco Solutions S.p.A, STATEC BINDER GmbH, HASSIA-REDATRON GmbH, Premier Tech Chronos, MONDIAL PACK S.r.l, and Pakona Engineers Pvt Ltd. A number of small-scale unorganized players are operating in the Asia Pacific, and this number is expected to increase during the next decade.
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About Bagging Equipment Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global bagging equipment market, analyzing historical demand from 2014-2018 and forecast statistics for 2019-2028. The study offers growth projections on the bagging equipment market on the basis of product type (integrated bagging line {conveying machines [incline transfer and horizontal transfer], bagging machines, bag opening/sealing machines, bag kickers, bag attachment machines, and weighing/counting machines},
standalone equipment {open mouth baggers, ffs machines [vertical ffs and horizontal ffs], valve baggers, fibc bagging machines, and others}), automation type (automatic and semi-automatic), capacity (< 500 Bags/Hr, 500 – 1,000 bags/Hr, 1,001 – 2,000 Bags/Hr, and > 2,000 Bags/Hr), machine type (horizontal baggers and vertical baggers), and end-use (food industry {confectionery, animal feed/pet food, grains, wheat, rice, corn, pulses, other grains, seeds, spices & condiments, coffee beans, dairy products, and meat, poultry & seafood}, construction, pharmaceuticals, homecare, personal care, & cosmetics, and others across seven major regions.
About Packaging Division at Future Market Insights
The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help