Packaging Equipment Market in Asia Pacific to surpass $18bn by 2024

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Packaging Equipment Market to reach 47bn by
2024 Global Market Insights Inc.
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Industry Overview

• Packaging Equipment Market to exceed USD 47
  billion by 2024 driven by growing focus on
  labeling and serialization for anti-counterfeiting
  of drugs. Increasing adoption of automation in
  several industrial sectors has significantly
  pushed the worldwide packaging equipment industry
  growth. Another pivotal factor that has had a
  significant impact is the escalating demand for
  packaging robots that ensure efficient time
  management and product safety across the value
  chain.
• As per the report, the FB sector accounted for
  55 of the packaging equipment market share in
  2017. Massive product demand due to substantial
  increase in spending on a range of ready-to-eat
  processed food products will further support the
  segment growth.

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• With China, India, and Japan at its foray, the
  Asia Pacific packaging equipment market has been
  projected to exceed the remuneration portfolio of
  USD 18 billion by 2024. The region is also
  expected to witness steady growth with the rising
  demand for packaging equipment from the
  pharmaceutical companies.
• The key players profiled in the report are ACG
  Worldwide, Alfa Laval AB, Barry-Wehmiller
  Companies, Inc., Adelphi Packaging Machinery, BH
  Labeling Systems, The Bühler Holding AG, BEUMER
  Group GmbH Company KG, Coperion GmbH, Coesia
  S.p.A., Graphic Packaging International, Inc.,
  Hangzhou Youngsun Intelligent Equipment Co. Ltd.,
  GEA Group AG, Guangzhou Tech-Long Packaging
  Machinery Co. Ltd., Fuji Machinery Company
  Limited, Illinois Tool Works Inc., IMA
  Industria Macchine Automatiche S.p.A., VELTEKO
  s.r.o., Bradman Lake Group Ltd., Schneider
  Electric SE, SATO Holdings Co., Multivac Sepp
  Haggenmüller GmbH Company KG, Robert Bosch
  GmbH, Tetra Laval International SA, Serac Group
  SA, Selovac, KUKA AG.

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Packaging Equipment Market

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UK packaging equipment market, by application,
2017 2024 (USD Million)

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Industry Coverage

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• The report also enlists the major challenges for
  the industry players, which chiefly includes high
  costs of installation and increasing maintenance
  costs of the packaging equipment.
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• Scope of the report
• Packaging equipment market product landscape
• Fillers Liquid Type, Bottle Filling, Powder
  Filling
• FFS (Form Fill Seal) Horizontal, Vertical
• Labelling Self-Adhesives, Rotary Sticker, Wet
  Glue
• Capping Screw Capping, ROPP (Roll On Pilfer
  Proof) Cappers, Vial Coating
• Coding Wet Ink System, Laser System, Hot Stamp,
  Ink Jet System, Thermal Transfer
• Palletizing
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• Packaging equipment market application landscape
  Food Beverage, Chemical, Pharmaceuticals,
  Personal Care
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• Packaging equipment market regional landscape
  U.S., Canada, Italy, Germany, France, UK, Russia,
  India, China, Japan, South Korea, Mexico, Brazil,
  UAE, Saudi Arabia, South Africa

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