Packaging Equipment Market Opportunity Assessment, Market Challenges, Key vendor analysis, Vendor landscape

Packaging Equipment Market Opportunity Assessment, Market Challenges, Key vendor analysis, Vendor landscape

The packaging equipment market is expected to reach a considerable valuation by 2027 due to prominent adoption of energy-efficient packaging in key regions. Moreover, escalating demand for packaged food & beverage products is slated to further drive industry expansion through the forecast timeline.
 

Various industries are adopting smart packaging lines in their production sites to improve efficiency, productivity, quality, traceability, and uptime. Widespread adoption of the Industrial Internet of Things (IIoT) and other smart technologies has enabled manufacturers to optimize overall energy consumption. Notably, the booming e-commerce industry, along with the rising trend of online shopping amidst the COVID-19 pandemic, has augmented business growth.
 

The packaging equipment market has been segregated on the basis of application, product, and region. With respect to product, the market has further been categorized into palletizing, fillers, coding, FFS, labeling, capping, and others. The FFS sub-segment is speculated to exhibit solid expansion over the analysis period owing to surging demand to reduce the chances of contamination during the manufacturing of sterile products.
 

The coding sub-segment is likely to see optimistic growth at more than 5% CAGR through the review timeline. Soaring demand for coding products during mass-scale production is set to fuel market development in the coming time period. The palletizing sub-segment is slated to garner substantial gains through the forecast period on account of mounting demand for placing products on a pallet for shipment in logistics.
 

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From the application point of view, the packaging equipment market has been divided into mechanical hardware & products, food & beverages, personal care, pharmaceuticals, chemical, and others. The chemical sub-segment is anticipated to record a notable valuation by 2027, expanding at around 3% CAGR over the assessment timeline. This growth is attributed to prevalent usage of robotic systems in integration with packaging equipment in chemical factories.
 

The personal care sub-segment is expected to witness robust progress over 2021-2027 due to growing availability of flexible packaging solutions. The mechanical hardware & products sub-segment is poised to observe significant growth over the study timeframe on account of escalating demand for advanced electronic products.
 

On the regional front, the North America packaging equipment market accounted for a sizable share of nearly 26% in the global industry in 2020 and is foreseen to showcase steady development over the review period. Increasing number of food & beverage and pharmaceutical companies that are focusing on integrating advanced technologies for packaging is estimated to bolster industry uptake.


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Meanwhile, the Latin America packaging equipment market is projected to witness exponential growth through the stipulated timeframe owing to rising adoption of smart packing solutions across various industries in LATAM.
 

Table Of Content
 

Chapter 1   Methodology & Scope

1.1    Scope & definitions

1.2    Methodology & forecast parameters

1.3    COVID-19 impact

1.3.1    North America

1.3.2    Europe

1.3.3    Asia Pacific

1.3.4    Latin America

1.3.5    MEA

1.4    Data sources

1.4.1    Secondary

1.4.2    Primary
 

Chapter 2   Executive Summary

2.1    Packaging equipment industry 360º synopsis, 2017 - 2027

2.1.1    Business trends

2.1.2    Regional trends

2.1.3    Technology trends

2.1.4    End use trends
 

Chapter 3   Packaging equipment Industry Insights

3.1    Industry segmentation

3.2    Impact of coronavirus (COVID-19) pandemic

3.2.1    Global outlook

3.2.2    Regional outlook

3.2.2.1    North America

3.2.2.2    Europe

3.2.2.3    Asia Pacific

3.2.2.4    Latin America

3.2.2.5    MEA

3.2.3    Industry value chain

3.2.3.1    Research and development

3.2.3.2    Manufacturing

3.2.3.3    Marketing

3.2.3.4    Supply

3.2.4    Competitive landscape

3.2.4.1    Strategy

3.2.4.2    Distribution Network

3.2.4.3    Business growth

3.3    Industry ecosystem analysis

3.3.1    Raw material suppliers

3.3.2    Component suppliers

3.3.3    Manufacturers

3.3.4    Technology/software providers

3.3.5    System integrators

3.3.6    Distributors

3.3.7    Vendor matrix

3.3.7.1    Raw material suppliers

3.3.7.2    Component suppliers

3.3.7.3    Manufacturers

3.3.7.4    Technology/software providers

3.3.7.5    System integrators

3.3.7.6    Distributors

3.4    Technology & innovation landscape

3.4.1    Impact of IoT and digitization

3.4.2    Industry 4

3.4.3    Robotics & automation

3.4.4    Sensors and inspection devices

3.4.5    Digitalized labeling processes

3.5    Regulatory landscape

3.5.1    North America

3.5.2    Europe

3.5.3    Asia Pacific

3.5.4    Latin America

3.5.5    MEA

3.6    Industry impact forces

3.6.1    Growth drivers

3.6.1.1    Growing demand for personal care products packaging and pharmaceutical packaging in North America & Europe

3.6.1.2    Rising e-commerce industry in Asia Pacific and Europe

3.6.1.3    Increasing demand for packaged food & beverages in Asia-Pacific

3.6.1.4    Rising adoption of automation for packaging equipment in Latin America

3.6.1.5    Increase use of energy efficient packaging equipment in MEA

3.6.2    Industry pitfalls & challenges

3.6.2.1    High initial investment cost of packaging equipment

3.6.2.2    Fluctuating raw material prices

3.7    Growth potential analysis

3.8    Porter’s analysis

3.8.1    Supplier power

3.8.2    Buyer power

3.8.3    Threat of new entrants

3.8.4    Threat of substitutes

3.8.5    Internal rivalry

3.9    PESTEL analysis

3.9.1    Political

3.9.2    Economical

3.9.3    Social

3.9.4    Technological

3.9.5    Environmental

3.9.6    Legal