According to the report, the increasing demand for smart packaging is one of the major drivers in the market. This demand is mainly observed in the Food industry, where hygiene is of great importance. The major reason for the increasing demand is increased concern over the wastage of food.
Packaging machineries are the special types of machineries that provide assistance for packaging the products before its being dispatch for storage and distribution networks. Packaging is being increasingly considered an important part of marketing mix as packaging created a strong impact on the customers buying decision. Packaging machinery is widely used for filling, labeling, coding, and wrapping of products.
Analysts forecast the Global Packaging Machinery market to grow at a CAGR of 4.64 percent over the period 2013-2018.
Covered in this Report
The report considers revenue generated from sales of the following machineries: Filling Machineries, Labeling and Coding Machineries, Wrapping Machineries and Others
TechNavio's report, the Global Packaging Machinery Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Packaging Machinery market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Analyst recognizes the following companies as the key players in Global Packaging Machinery Market: Coesia S.p.A., Illinois Tool Works Inc., Industria Macchine Automatiche S.p.A. , Krones AG, Robert Bosch GmbH , Tetra Laval International S.A., Barry-Wehmiller Companies Inc., Coesia S.p.A., Dover Corp., Graphic Packaging Holding Co., Klöckner-Werke AG, Körber AG, Krones AG, Fuji Machinery Co. Ltd., Sato Corp.
- Increased Demand for Smart Packaging in the Food Industry
- Increasing Concern over Packed Foods.
- Increasing Technological Advancements
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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