Through 2032, a CAGR of 6% is predicted for the case packaging machines market. The market is anticipated to reach a value of US$ 6,875.47 Mn in 2022 and US$ 12,312.92 Mn in 2032. Manufacturing sectors mostly favour machines to increase product production and distribute it to end-use industries. Aiming to deliver their cost-effective products to their customers, the major manufacturers package numerous machines, their components, and other necessary goods all over the world. As it is widely utilised by many industries, including pharmaceuticals, food & beverage, industrial goods, and consumer goods, the leading companies frequently produce case packaging machines.
Machines have been preferred and inducted in the packaging industry over the years, as manufacturers across the world look to optimize their operations and focus on achieving cost efficiency. The manufacturing sector has recorded impressive growth in the last decade, with a major chunk of the revenues generated by the emerging economies.
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Fast growing demand in the manufacturing industry has compelled manufacturers to enhance their end-of-line production capabilities. Case packing machines are one such type of machines employed by packaging manufacturers to improve production efficiency. Case packaging machines primarily find applications in the food & beverage, pharmaceuticals, consumer goods, industrial goods, and the manufacturing industry.
Global case packing machines market: Key Players
Few of the key players operating in the global case packing machines market are –
- I.M.A. Industria Macchine Automatiche S.p.A.,
- Krones AG,
- Brenton, LLC.,
- Massman Automation Designs, LLC, and
- Robert Bosch GmbH, among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
Global case packing machines market: Dynamics
The global packaging industry has witnessed significant growth in the last few decades. There has been a dynamic shift in terms of quantity and quality standards of goods, both from supplier and demand sides. Since the rising demand has resulted in a major shift in preference for bulk production, many packaging companies have adopted automation to increase output.
One of the major drivers expected to fuel growth of the global case packing machines market is the meteoric growth of the global FMCG industry. In addition, increasing number of manufacturers in the global food & beverage, and pharmaceutical industries is expected to positively affect the global case packing machines market, as more manufacturers look to incorporate case packing machines in their end of line packaging operations.
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Global case packing machines market: Segmentation
On the basis of configuration,
the global case packing machines market is segmented as –
- Horizontal case packing machines
- Vertical case packing machines
On the basis of applications,
the global case packing machines market is segmented as –
- Chemical & Fertilizers
- Consumer Packaged goods
- Food & Beverages
- Automotive
- Textile
- Paper
- Others
On the basis of product type,
the global case packing machines market is segmented as –
- Drop Packers
- Pick and Place Case Packers
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