Pouch Equipment Market is Expected to Reach at a US$ 5.26 Billion by 2033 | FMI

The pouch equipment market is anticipated to strive at an average CAGR of 5.1% between 2023 and 2033. The market is expected to have a market share of US$ 5.26 billion by 2033 while it is likely to be valued at US$ 3.20 billion in 2023

• The expanding food and beverages market along with the pharmaceutical industry’s proliferation is expected to let them focus on the packaging requirements. From cosmetics to food and beverages, pouches have served a wide range of sectors. Hence, the expansion of these sectors positively impacts the market.
• New efficient, fast, and automated machines with one-button usage and high precision are expected to transform the market during the forecast period. Furthermore, end users consuming packaged food and beverages are also helping the market expand its boundaries.

Request a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-15441

• The expanding e-commerce sector and many people buying goods and products online are pushing companies to experiment with designs and graphics. Further, the usage of recyclable, reusable, and bio-degradable materials has pushed the equipment vendors to adjust to the shift in materials used.
• The latest forecast period is anticipated to perform better than the previous one as the market stived at a CAGR of 3.6% between 2018 and 2022. The covid-19’s impact on economies and supply chains directly impacted the packaging solution industry including the pouch equipment market.

 Key Points

1. The United States market leads the pouch equipment market in terms of market share in North America. The United States region held a market share of 15.2% in 2022. The growth in this region is attributed to the high industrial automation, increased sales of packaged food items along with the brands introducing bio-degradable pouches. Further, North America’s market held a market share of 24.9% in 2022.
2. Germany’s market is another important market in the Europe region. The market held a market share of 5.1% in 2022. The growth is attributed to the high tourist footfall along with new brands launching small-sized food items in pouch packaging in the region. Europe’s market held a market share of 27.1% in 2022.
3. India’s pouch equipment market thrives at a CAGR of 6.3% between 2023 and 2033. The growth is attributed to the large base population, high consumption of pouch-based products such as cosmetic serums, food products like sauces and spices, along with big-in-size goods.
4. China’s market also thrives at a CAGR of 5.7% during the forecast period. In addition, the flourishing growth is caused by the increased consumption of ready-to-eat food items like chips and other items.
5. Based on the machine type, the fully automatic machine leads the market as it held a major share of 78.0% in 2022.
6. Based on the end-user type, the food and beverage segment leads the market as it held a significant market share of 44.2% in 2022.

Get in Touch with Our Sales Team to Secure Your Copy of the Report Now! https://www.futuremarketinsights.com/checkout/15441

Competitive Landscape

The key vendors focus on experimenting with different material pouches while increasing the efficiency and productivity of pouch production. Moreover, the competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

Recent Market Developments

• Suvi Packaging Machine has introduced its automatic packing machine and multi-track seal machine. Other than these, the company has also introduced food packaging machinery, horizontal FFS machines, and automatic filling machines as well.
• Viscotec has launched high-precision filling pumps with programmable such-back functions.

Key Segments Covered

By Machine Type:

• Manual packaging
• Semi-Automatic Packaging
• Fully Automatic Packaging

By Pouch Type:

• Stand up Pouches
• Flat Pouches
• Vacuum Pouches

By Orientation:

• Horizontal
• Vertical

By End-Use Industry:

• Food & Beverage
• Cosmetic & Personal Care
• Pharmaceutical
• Chemicals
• Others (Homecare, etc.)

Key Regions Covered:

• North America
  • The United States
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Europe
  • Germany
  • The United Kingdom
  • France
  • Spain
  • Russia
  • Rest of Europe
• Japan
• Asia Pacific Excluding Japan
  • China
  • India
  • Malaysia
  • Singapore
  • Australia
  • Rest of Asia Pacific Excluding Japan (APEJ)
• Middle East and Africa
  • GCC Countries
  • Israel
  • South Africa
  • The Middle East and Africa (MEA)

About Future Market Insights Inc. (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube