Increasing demand for pouch packaging in various end use industries such as food & beverages, cosmetics, pharmaceuticals and other is propelling the growth of pouch packaging machinery market. Global pouch packaging machinery market accounted for USD 16.4 billion in 2016 and is projected to reach USD 24.6 billion in 2024, growing at a CAGR of 5.2% over the forecast period.
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According to Goldstein Research, “Wide adoption of pouch packaging is propelling the growth of global pouch packaging machinery market. Pouch packaging is a cost effective packaging technique which ensures the product safety. Pouch packaging has multiple film layer protection which provides protective packaging to products. This is the major factor which is fuelling the growth of pouch packaging machinery market across the globe. The global pouch packaging machinery market segmentation has been carried out on the basis of machine type and end-user industries. Based on machine type, the pouch packaging machinery market is further classified into HFFS (Horizontal form, fill and seal) machines, VFFS (Vertical form, fill and seal) and Stand-Up Pouches (SUP) Machine. HFFS machines are the most dominant machine type accounting for about 38% of the overall market in 2016. Increasing demand for fragile and heavy packaging for food and non-food items is expected to boost the demand of HFFS pouch packaging machines in the near future. North America is the dominating region in global pouch packaging machinery market in 2016, and is anticipated to grow at a CAGR of 4.0% during the forecast period. Rising environmental awareness and shifting from conventional packaging to convenient pouch packaging for food and non-food items is contributing in the growth of pouch packaging machinery market in the region.
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Market Segmentation
Global pouch packaging machinery market is segmented on the following basis:
• Based on Machine Type
o Horizontal Form Fill Seal (HFFS) Machines
o Vertical Forming, Filling & Sealing (VFFS) Machines
o Stand Up Pouches (SUP) Machines
• Based on End-User
o Food & Beverages Industry
o Healthcare & Pharmaceutical Industry
o Personal Care Industry
o Chemical Industry
• Based on Geography
o North America (U.S. & Canada)
o Latin America ( Brazil , Mexico & Rest of Latin America)
o Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE)
o Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia)
o Middle East & Africa (GCC, South Africa, North Africa, RoMEA)
o Rest of World
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“Global Pouch Packaging Machinery Market 2024” contains detailed overview of the global pouch packaging machinery market in terms of market segmentation by machine type and by end-user.
Further, for the in-depth analysis, pouch packaging machinery market report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Sacle) analysis, Porter’s five force model and SWOT analysis.
Global pouch packaging machinery market report also includes competitive outlook of some of the major players of the global pouch packaging machinery market which includes profiling of companies such as Bosch Packaging Technology, Barry-Wehmiller Companies, Inc., Coesia SpA, Belco Packaging Systems, Inc, Adelphi Packaging Machinery, GEA Group, ALLIEDFLEX, KHS GmbH, SN Maschinenbau, Krones AG, Sidel and Elopak. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global pouch packaging machinery market trends that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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