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Food Packaging Equipment Market by Equipment (Bottling Line; Cartoning; Case Handling; Closing; Filling & Dosing; Form, Fill & Seal; Labelling, Decorating & Coding; Palletizing; Wrapping & Bundling; and Others), and Application (Meat, Poultry & Seafood, Dairy, Bakery & Snack, Frozen, Candy & Confectionery, Cereal & Grain, Perishable Prepared, and Shelf Stable) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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FO_172348
Pages: 170
Jun 2017 | 3660 Views
 
Author's : Ashmita Roy
Tables: 70
Charts: 25
 

Food Packaging Equipment Market Overview:

Global Food Packaging Equipment Market is expected to garner $19,268 million by 2023, from $14,740 million in 2016, registering a CAGR of 4.0% from 2017 to 2023. Large number of packaging equipment are employed in the food industry. These are used to perform certain set of functions, such as filling, bagging, sealing, wrapping, bundling, cartoning, over-capping, lidding, labelling, decorating, coding, conveying, and palletizing. Growth in technology has led to the emergence of innovative food packaging equipment to maintain the efficacy, flavor, and taste of food products. Increase in awareness regarding healthy and hygienic food product and its expectancy to be safe from the point of packaging till it arrives is expected to drive the market growth. Rise in demand for attractive, innovative, and convenient-to-carry packaging for differentiating the product from the rest is expected to fuel the growth of the market. Moreover, growth in purchasing power, rise in number of online grocery orders, and wide consumer base of on-the-go consumer further fuels the demand for packaging, which in turn is expected to drive the market.

The global food packaging equipment market is segmented based on equipment, application, and geography. Based on equipment, the market is divided into bottling line; cartoning; case handling; closing; filling & dosing; form, fill & seal; labelling, decorating & coding; palletizing; wrapping & bundling; and others. On the basis of application, the market is classified into meat, poultry & seafood, dairy, bakery & snack, frozen, candy & confectionery, cereal & grain, perishable prepared, and shelf stable. Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Global Food Packaging Equipment Market Segmentation

Global Food Packaging Equipment Market Segmentation

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In 2016, Asia-Pacific was the largest revenue contributor to the global market, owing to the growth in awareness and increase in adoption of packaged foods. There is a rise in the earnings, and thus increase in expenditure. Growth in young population in countries such as India, China, and Indonesia, majorly propels the demand for online food services leading to the growth in packaged foods. Busy lifestyle and rise in standard of living fuel the growth of the food packaging equipment market. In 2016, China is expected to dominate the market in terms of revenue, accounting for 46.0% share in Asia-Pacific.

Top Investment Pockets

Meat, poultry, and seafood industry is the most attractive application for the food packaging equipment market. In 2016, it accounted for approximately one-fifth share in terms of revenue, growing at a highest CAGR of 4.7% from 2017 to 2023. The growth in preference of consumer for protein rich food has led to the increased consumption of meat and sea food. The busy lifestyle and large on-the-go consumer base has led to rise in demand for frozen foods. Thus, frozen foods prove to be an attractive application segment for market players in food packaging equipment market. It is expected to grow at a CAGR of 4.5% during the forecast period.

Global Food Packaging Equipment Market: Top Investment Pockets, by Application

GLOBAL FOOD PACKAGING EQUIPMENT MARKET: TOP INVESTMENT POCKETS, BY APPLICATION

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Segment Review

In 2016, labeling, decorating, and coding equipment accounted for the highest revenue growing at a significant CAGR of 5.2% from 2017 to 2023. It consists of high ink-jet coders for printing barcodes, graphics, and text on cartons. Also, it has a wide array of print and apply labelers for labeling bottles, cartons, and pallets with high resolution graphics text and bar-codes. Form, fill & seal equipment segment is expected to grow at the highest CAGR of 5.6% during the forecast period.

LAMEA Review

Growth in the economies in South & Central American countries such as Brazil, Argentina, Costa Rica, and others lead to the growth of packaged food. Brazils large manufacturing base and well-developed agro-export industry are expected to drive the food packaging equipment market. The Brazilian agro-products industry, with a global share of 25% of the global food market, is the key factor that accelerates the market growth.

Central & South America Food Packaging Equipment Market, 2015-2023 ($Million)

CENTRAL & SOUTH AMERICA FOOD PACKAGING EQUIPMENT MARKET, 2015-2023 ($MILLION)

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The key players profiled in the report include Arpac LLC, Bosch Packaging Technology, Coesia Group, GEA Group, IMA Group, Ishida, Multivac, Inc., Nichrome India Ltd., Omori Machinery Co. Ltd., and Oystar Holding GmbH.

The other key market players (not profiled in this report) in the value chain include Illinois tool works, Inc., Tetra Laval International S.A., The Adelphi Group of Companies, AMF Bakery Systems, Arpac LLC, Lindquist Machine Corporation, and Kaufman Engineered System.

Key Benefits

  • The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global food packaging equipment market to elucidate the prevailing opportunities and tap the investment pockets.
  • It offers qualitative trends as well as quantitative analysis of the global market for the period of 2016-2023 to assist stakeholders to understand the market scenario.
  • In-depth analysis of the key segments demonstrates the packaging equipment and their applications.
  • Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
  • Key market players along with the strategies and developments are profiled in the report to understand the competitive outlook of the market.

Food Packaging Equipment Market Key Segmentation:

By Equipment

  • Bottling Line
  • Cartoning
  • Case Handling
  • Closing
  • Filling & Dosing
  • Form, Fill & Seal
  • Labelling, Decorating, & Coding
  • Palletizing
  • Wrapping & Bundling
  • Others

By Application

  • Meat, Poultry & Seafood
  • Dairy
  • Bakery & Snack
  • Frozen Food
  • Candy & Confectionery
  • Cereal & Grain
  • Perishable Prepared
  • Shelf Stable

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Central & South America
    • Middle East
    • Africa
 

Chapter: 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

Chapter: 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

Chapter: 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top winning strategies

3.3. PORTER’S FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Rise in preference of online shopping of grocery
3.4.1.2. Increase in hygiene standard for high quality product
3.4.1.3. Packaging as a tool for product differentiation
3.4.1.4. Growth in preferences of consumer for packaged protein rich meat, poultry, and seafood

3.4.2. Restraints

3.4.2.1. High cost of development and installation of equipment in developing countries
3.4.2.2. Stringent legislations for food safety

3.4.3. Opportunities

3.4.3.1. Growth in packaged food industry in emerging economies

3.5. MARKET SHARE ANALYSIS, 2016 (%)

Chapter: 4. GLOBAL FOOD PACKAGING EQUIPMENT MARKET, BY EQUIPMENT

4.1. INTRODUCTION

4.1.1. Market size and forecast

4.2. BOTTLING LINE

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast

4.3. CARTONING

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast

4.4. CASE HANDLING

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast

4.5. CLOSING

4.5.1. Market size and forecast

4.6. FILLING & DOSING

4.6.1. Key market trends, growth factors, and opportunities
4.6.2. Market size and forecast

4.7. FORM, FILL & SEAL

4.7.1. Key market trends, growth factors, and opportunities
4.7.2. Market size and forecast

4.8. LABELLING, DECORATING, & CODING

4.8.1. Key market trends, growth factors, and opportunities
4.8.2. Market size and forecast

4.9. PALLETIZING

4.9.1. Key market trends, growth factors, and opportunities
4.9.2. Market size and forecast

4.10. WRAPPING & BUNDLING

4.10.1. Key market trends, growth factors, and opportunities
4.10.2. Market size and forecast

4.11. OTHERS

4.11.1. Key market trends, growth factors, and opportunities
4.11.2. Market size and forecast

Chapter: 5. GLOBAL FOOD PACKAGING EQUIPMENT MARKET, BY APPLICATION

5.1. INTRODUCTION

5.1.1. Market size and forecast

5.2. MEAT, POULTRY & SEAFOOD

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast

5.3. DAIRY

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast

5.4. BAKERY & SNACK

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast

5.5. FROZEN FOOD

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast

5.6. CANDY & CONFECTIONERY

5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast

5.7. CEREAL & GRAIN

5.7.1. Key market trends, growth factors, and opportunities
5.7.2. Market size and forecast

5.8. PERISHABLE PREPARED

5.8.1. Key market trends, growth factors, and opportunities
5.8.2. Market size and forecast

5.9. SHELF STABLE

5.9.1. Key market trends, growth factors, and opportunities
5.9.2. Market size and forecast

Chapter: 6. GLOBAL FOOD PACKAGING EQUIPMENT MARKET, BY GEOGRAPHY

6.1. INTRODUCTION

6.1.1. Market size and forecast

6.2. NORTH AMERICA

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast
6.2.3. U.S.

6.2.3.1. Market size and forecast, By Equipment

6.2.4. Canada

6.2.4.1. Market size and forecast, By Equipment

6.2.5. Mexico

6.2.5.1. Market size and forecast, By Equipment

6.3. EUROPE

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast
6.3.3. UK

6.3.3.1. Market size and forecast, By Equipment

6.3.4. Germany

6.3.4.1. Market size and forecast, By Equipment

6.3.5. France

6.3.5.1. Market size and forecast, By Equipment

6.3.6. Italy

6.3.6.1. Market size and forecast, By Equipment

6.3.7. Russia

6.3.7.1. Market size and forecast, By Equipment

6.3.8. Rest of Europe

6.3.8.1. Market size and forecast, By Equipment

6.4. ASIA-PACIFIC

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast
6.4.3. China

6.4.3.1. Market size and forecast, By Equipment

6.4.4. India

6.4.4.1. Market size and forecast, By Equipment

6.4.5. Japan

6.4.5.1. Market size and forecast, By Equipment

6.4.6. Australia

6.4.6.1. Market size and forecast, By Equipment

6.4.7. Rest of Asia-Pacific

6.4.7.1. Market size and forecast, By Equipment

6.5. LAMEA

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast
6.5.3. Central & South America

6.5.3.1. Market size and forecast, By Equipment

6.5.4. Middle East

6.5.4.1. Market size and forecast, By Equipment

6.5.5. Africa

6.5.5.1. Market size and forecast, By Equipment

Chapter: 7. COMPANY PROFILES

7.1. ARPAC LLC

7.1.1. Company Overview
7.1.2. Company Snapshot
7.1.3. Operating Business Segments
7.1.4. Business Performance
7.1.5. Key Strategic Moves and Developments

7.2. BOSCH PACKAGING TECHNOLOGY

7.2.1. Company Overview
7.2.2. Company Snapshot
7.2.3. Operating Business Segments
7.2.4. Business Performance
7.2.5. Key Strategic Moves and Developments

7.3. COESIA GROUP

7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Operating Business Segments
7.3.4. Business Performance
7.3.5. Key Strategic Moves and Developments

7.4. GEA GROUP

7.4.1. Company Overview
7.4.2. Company Snapshot
7.4.3. Operating Business Segments
7.4.4. Business Performance
7.4.5. Key Strategic Moves and Developments

7.5. IMA GROUP

7.5.1. Company Overview
7.5.2. Company Snapshot
7.5.3. Operating Business Segments
7.5.4. Business Performance
7.5.5. Key Strategic Moves and Developments

7.6. ISHIDA

7.6.1. Company Overview
7.6.2. Company Snapshot
7.6.3. Operating Business Segments
7.6.4. Business Performance
7.6.5. Key Strategic Moves and Developments

7.7. MULTIVAC, INC.

7.7.1. Company Overview
7.7.2. Company Snapshot
7.7.3. Operating Business Segments
7.7.4. Business Performance
7.7.5. Key Strategic Moves and Developments

7.8. NICHROME INDIA LTD.

7.8.1. Company Overview
7.8.2. Company Snapshot
7.8.3. Operating Business Segments
7.8.4. Business Performance
7.8.5. Key Strategic Moves and Developments

7.9. OMORI MACHINERY CO. LTD.

7.9.1. Company Overview
7.9.2. Company Snapshot
7.9.3. Operating Business Segments
7.9.4. Business Performance
7.9.5. Key Strategic Moves and Developments

7.10. OYSTAR HOLDING GMBH

7.10.1. Company Overview
7.10.2. Company Snapshot
7.10.3. Operating Business Segments
7.10.4. Business Performance
7.10.5. Key Strategic Moves and Developments

List of Tables

TABLE 1. GLOBAL FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 2. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR BOTTLING LINE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 3. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR CARTONING, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 4. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR CASE HANDLING, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 5. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR CLOSING, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 6. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR FILLING & DOSING, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 7. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR FORM, FILL & SEAL, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 8. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR LABELLING, DECORATING, & CODING, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 9. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR PALLETIZING, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 10. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR WRAPPING & BUNDLING, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 11. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 12. GLOBAL FOOD PACKAGING EQUIPMENT MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 13. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR MEAT, POULTRY & SEAFOOD, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 14. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR DAIRY, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 15. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR BAKERY & SNACK, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 16. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR FROZEN FOOD, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 17. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR CANDY & CONFECTIONERY, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 18. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR CEREAL & GRAIN, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 19. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR PERISHABLE PREPARED, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 20. FOOD PACKAGING EQUIPMENT MARKET VALUE FOR SHELF STABLE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 21. GLOBAL FOOD PACKAGING EQUIPMENT MARKET VALUE, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 22. NORTH AMERICA FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 23. NORTH AMERICA FOOD PACKAGING EQUIPMENT MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 24. NORTH AMERICA FOOD PACKAGING EQUIPMENT MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 25. U.S. FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 26. CANADA FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 27. MEXICO FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 28. EUROPE FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 29. EUROPE FOOD PACKAGING EQUIPMENT MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 30. EUROPE FOOD PACKAGING EQUIPMENT MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 31. UK FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 32. GERMANY FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 33. FRANCE FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 34. ITALY FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 35. RUSSIA FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 36. REST OF EUROPE FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 37. ASIA-PACIFIC FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 38. ASIA-PACIFIC FOOD PACKAGING EQUIPMENT MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 39. ASIA-PACIFIC FOOD PACKAGING EQUIPMENT MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 40. CHINA FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 41. INDIA FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 42. JAPAN FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 43. AUSTRALIA FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 44. REST OF ASIA-PACIFIC FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 45. LAMEA FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 46. LAMEA FOOD PACKAGING EQUIPMENT MARKET VALUE, BY APPLICATION, 2015-2023 ($MILLION)
TABLE 47. LAMEA FOOD PACKAGING EQUIPMENT MARKET VALUE, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 48. CENTRAL & SOUTH AMERICA FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 49. MIDDLE EAST FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 50. AFRICA FOOD PACKAGING EQUIPMENT MARKET VALUE, BY EQUIPMENT, 2015-2023 ($MILLION)
TABLE 51. ARPAC LLC: COMPANY SNAPSHOT
TABLE 52. ARPAC LLC: OPERATING SEGMENTS
TABLE 53. BOSCH PACKAGING TECHNOLOGY: COMPANY SNAPSHOT
TABLE 54. BOSCH PACKAGING TECHNOLOGY: OPERATING SEGMENTS
TABLE 55. COESIA GROUP: COMPANY SNAPSHOT
TABLE 56. COESIA GROUP: OPERATING SEGMENTS
TABLE 57. GEA GROUP: COMPANY SNAPSHOT
TABLE 58. GEA GROUP: OPERATING SEGMENTS
TABLE 59. IMA GROUP: COMPANY SNAPSHOT
TABLE 60. IMA GROUP: OPERATING SEGMENTS
TABLE 61. ISHIDA: COMPANY SNAPSHOT
TABLE 62. ISHIDA: OPERATING SEGMENTS
TABLE 63. MULTIVAC, INC. COMPANY SNAPSHOT
TABLE 64. MULTIVAC, INC.: OPERATING SEGMENTS
TABLE 65. NICHROME INDIA LTD.: COMPANY SNAPSHOT
TABLE 66. NICHROME INDIA LTD. OPERATING SEGMENTS
TABLE 67. OMORI MACHINERY CO. LTD.: COMPANY SNAPSHOT
TABLE 68. OMORI MACHINERY CO. LTD. OPERATING SEGMENTS
TABLE 69. OYSTAR HOLDING GMBH: COMPANY SNAPSHOT
TABLE 70. OYSTAR HOLDING GMBH: OPERATING SEGMENTS

List of Figures

FIGURE 1. GLOBAL FOOD PACKAGING EQUIPMENT MARKET: SEGMENTATION
FIGURE 2. TOP INVESTMENT POCKETS, BY APPLICATION
FIGURE 3. TOP WINNING STRATEGIES
FIGURE 4. BARGAINING POWER OF SUPPLIERS
FIGURE 5. BARGAINING POWER OF BUYERS
FIGURE 6. THREAT OF NEW ENTRANTS
FIGURE 7. THREAT OF SUBSTITUTES
FIGURE 8. COMPETITIVE RIVALRY
FIGURE 9. U.S. FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 10. CANADA FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 11. MEXICO FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 12. UK FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 13. GERMANY FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 14. FRANCE FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 15. ITALY FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 16. RUSSIA FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 17. REST OF EUROPE FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 18. CHINA FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 19. INDIA FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 20. JAPAN FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 21. AUSTRALIA FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 22. REST OF ASIA-PACIFIC FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 23. CENTRAL & SOUTH AMERICA FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 24. MIDDLE EAST FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 25. AFRICA FOOD PACKAGING EQUIPMENT MARKET VALUE, 2015-2023 ($MILLION)

 

 

Food products are packaged in bottles, boxes, bags, pouches, trays, and cans so that they are fresh and convenient for use. Food industry has the largest variation of packaging equipment used to perform different sets of functions, which include filling, bagging, sealing, wrapping, bundling, cartoning, over-capping, lidding, labelling, decorating, coding, conveying, palletizing, and depalletizing.

Labeling, decorating, and coding equipment accounted for the highest revenue owing to the growth in need for differentiating the product by branding, decorating, providing information, and tracking. Thus, product identification and brand protection fuels the demand for labeling, decorating, and coding equipment. The multiplicity of form, fill, & seal (FFS) machine allows packaging of wide range of materials of various sizes and shapes. High speed and versatility are the major benefits of FFS equipment and is expected to exhibit the fastest growth from 2017 to 2023.

Hygienic packaging for food products, growth in purchasing power, and rise in preference of online shopping of grocery promote the packaging industry to come up with new packaging equipment and solutions for food safety. Moreover, growth in packaged food industry in emerging economies such as China, India, Indonesia, and Brazil are anticipated to have a positive impact on the market growth.

 

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