The Bagging Equipment Market report incorporates through and through examination and assessment of different market related factors that assumes a critical part for better direction. The Bagging Equipment Market report has been uncommonly planned by remembering the client necessities with which organizations can get help with expanding their profit from venture (ROI).
Bagging Equipment Market business report conveys a broad examination on the ongoing states of the business, capability of the market in the present and what’s in store possibilities from different places of perspectives.
Bagging equipment deals in 2018 surrounded US$ 28 billion, as demonstrated by a new knowledge viewpoint introduced by Future Market Insights (FMI). The worldwide market income for bagging equipment will notice a moderate just-more than 4% CAGR during 2018-2028, projects the report.
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Food Industry Registers Substantial Demand for Diverse Bagging Solutions
Food & beverage industry, one of the most prominent areas driving economies in several regions, will remain the predominant contributor to the bagging equipment market growth. Growth in the consumption of processed and packaged foods over the recent past has been cited among the key drivers of bagging equipment market.
The soaring demand for on-the-go food products from developed as well as emerging economies is expected to witness substantial growth, which in turn is expected to translate into high demand for efficient packaging solutions such as bagging equipment.
Bagging Equipment Market: FMI’s Key Findings
- Standalone bagging equipment is projected to create a high incremental opportunity during the forecast period. This can be attributed to the significant price difference between standalone bagging equipment and integrated bagging line.
- Standalone bagging equipment, being more economical, will witness growing preference from small-scale manufacturers, particularly in emerging economies.
- Automatic bagging equipment extends a prominent share to the global bagging equipment market, as automation is increasingly being adopted in the packaging industry.
- Capacity-wise analysis of bagging equipment market reveals that those within the range of 1001–2000 bags/hour will be a prominent segment through 2028.
- Vertical baggers are the more 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.
Asia-Pacific to Offer Substantial Growth Opportunities to Bagging Equipment Market
The Asia Pacific bagging equipment market is expected to be driven by the strong export orientation and manufacturing capabilities of China and India. Increasing consumption at a consumer level is anticipated to escalate the demand for food service disposables in the region, which is expected to ultimately drive high demand for bagging equipment in export-led economies.
Moreover, growth of the manufacturing sector is expected to further propel the demand for bagging equipment in the region. One of the key reasons for growth in manufacturing activities is government support towards localizing manufacturing through various incentives and regulations.
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Bagging Equipment Market: Competition Landscape
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 region, and this number is expected to increase during the next decade.
Market Taxonomy
The global bagging equipment market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Product Type
- Integrated Bagging Lines
- Conveying Machines
- Incline Transfer
- Horizontal Transfer
- Bagging Machines
- Bag Opening/Sealing Machines
- Bag Kickers
- Bag Attachment Machines
- Weighing/Counting Machines
- Conveying Machines
- Standalone Equipment
- Open Mouth Baggers
- FFS Machines
- Vertical FFS
- Horizontal FFS
- Valve Baggers
- FIBC Bagging Machines
- Others
Automation Type
- Automatic
- Semi-automatic
Capacity
- < 500 Bags/Hr
- 500 – 1000 bags/Hr
- 1001 – 2000 Bags/Hr
- > 2000 Bags/H
Machine Type
- Horizontal Baggers
- Vertical Baggers
End Use
- Food Industry
- Confectionery
- Animal Feed/Pet Food
- Grains
- Wheat
- Rice
- Corn
- Pulses
- Other Grains
- Seeds
- Spices & Condiments
- Coffee Beans
- Dairy Products
- Meat, Poultry & Seafood
- Construction
- Pharmaceuticals
- Homecare, Personal Care, & Cosmetics
- Others
Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Japan
- Middle East & Africa
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