Allied Market Research recently published a report, titled, “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), Application (Meat, Poultry & Seafood, Dairy, Bakery & Snack, Frozen, Candy & Confectionery, Cereal & Grain, Perishable Prepared, and Shelf Stable), and Distribution Channel (Offline and Online): Global Opportunity Analysis and Industry Forecast, 2022–2031″. As per the report, the global food packaging equipment industry was accounted for $18.25 billion in 2021, and is expected to reach $33.14 billion by 2031, growing at a CAGR of 6.3% from 2022 to 2031.
𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗧𝗵𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗢𝗳 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.alliedmarketresearch.com/request-sample/2348
Drivers, restraints, and opportunities
Rise in urbanization and increase in number of supermarket and hypermarkets have boosted the growth of the global food packaging equipment market. However, rise of counterfeit food packaging hampers the market growth. On the contrary, advancement in technology and rise in awareness regarding component and content of packaging box would open new opportunities for the market players in the future.
𝗠𝗮𝗷𝗼𝗿 𝗞𝗲𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗜𝗻𝗰𝗹𝘂𝗱𝗲𝗱:
The key players operating in the global food packaging equipment market are 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.
𝗕𝘂𝘆 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 (𝟏𝟕𝟎 𝗣𝗮𝗴𝗲𝘀 𝗣𝗗𝗙 𝘄𝗶𝘁𝗵 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀, 𝗖𝗵𝗮𝗿𝘁𝘀, 𝗧𝗮𝗯𝗹𝗲𝘀, 𝗮𝗻𝗱 𝗙𝗶𝗴𝘂𝗿𝗲𝘀): https://www.alliedmarketresearch.com/checkout-final/a5ee2901ec41c9c7401d681b445818b0
Rise in demand for equipment in developing countries is expected to drive the growth of the food packaging equipment market. Manufacturers’ increased efforts in R&D propel the food packaging equipment market in a positive direction. The surge in demand for ready-to-eat, dairy, and other perishable products, as well as convenience food items, is expected to boost the food packaging equipment market growth. Growth in health consciousness and change in eating patterns are projected to drive growth in the global food packaging equipment market during the forecast period. The increased consumption of packaged food products around the world has positively impacted the global food packaging equipment market growth.
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
Asia-Pacific, followed by Europe and North America, held the largest share
By region, the market across Asia-Pacific, followed by Europe and North America, dominated in 2021, holding around two-fifths of the global food packaging equipment market. In addition, the region is projected to portray the highest CAGR of 7.2% during the forecast period, owing to product’s widespread application in end-use sectors and rise in local manufacturing and consumer income.
𝗧𝗮𝗯𝗹𝗲 𝗢𝗳 𝗖𝗼𝗻𝘁𝗲𝗻𝘁:
CHAPTER 1:INTRODUCTION
1.1.Report Description
1.2.Key Market Segments
1.3.Key Benefits
1.4.Research Methodology
1.4.1.Primary Research
1.4.2.Secondary Research
1.4.3.Analyst Tools and Models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.CXO Perspective
CHAPTER 3:MARKET LANDSCAPE
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
3.3.1.Bargaining Power of Suppliers
3.3.2.Threat of New Entrants
3.3.3.Threat of Substitutes
3.3.4.Competitive Rivalry
3.3.5.Bargaining Power among Buyers
3.4.Market Share Analysis/Top Player Positioning
3.4.1.Market Share Analysis/Top Player Positioning 2020
3.5.Market Dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis
3.7.Pricing Analysis
3.8.Value Chain Analysis
3.9.Market Share Analysis
3.10.List of Value Chain Players
3.11.Competitive Heatmap
CHAPTER 4:FOOD PACKAGING EQUIPMENT MARKET, BY EQUIPMENT TYPE
4.1.Market Overview
4.1.1Market Size and Forecast, By Equipment Type
4.2.Bottling Line
4.2.1.Key Market Trends, Growth Factors and Opportunities
4.2.2.Market Size and Forecast, By Region
4.2.3.Market Share Analysis, By Country
𝐓𝐨𝐜 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞…..
𝗘𝗻𝗾𝘂𝗶𝗿𝗲 𝗕𝗲𝗳𝗼𝗿𝗲 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗶𝗻𝗴 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.alliedmarketresearch.com/purchase-enquiry/2348
By application, the shelf stable segment held the lion’s share in 2021, contributing to nearly one-fourth of the global food packaging equipment market, as these foods demand extra packaging requirements. However, the meat, poultry & seafood segment is estimated to manifest the highest CAGR of 7.9% from 2022 to 2031, due to high consumption rate and wide availability of various products across the globe.
𝗖𝗵𝗲𝗰𝗸 𝗼𝘂𝘁 𝗺𝗼𝗿𝗲 𝗿𝗲𝗹𝗮𝘁𝗲𝗱 𝘀𝘁𝘂𝗱𝗶𝗲𝘀 𝗽𝘂𝗯𝗹𝗶𝘀𝗵𝗲𝗱 𝗯𝘆 𝗔𝗠𝗥 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵:
Meat Processing Equipment Market – https://www.alliedmarketresearch.com/meat-processing-equipment-market
Milk Packaging Market – https://www.alliedmarketresearch.com/milk-packaging-market
Food Extrusion Market – https://www.alliedmarketresearch.com/food-extrusion-market-A10961
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬
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