Packaging Machinery Market by Type (Carded Packaging Machines, Filling Machines, Labelling Machines), by Function, Automation (Automatic, Semi-automatic), End-use (Food & Beverages, Healthcare & Pharmaceuticals,) and Geography - Global Forecasts to 2030

The Packaging Machinery Market is projected to reach $62.43 billion by 2030, at a CAGR of 5.4% from 2023 to 2030. By volume, the global packaging machinery market is projected to reach 13,603 thousand units by 2030, at a CAGR of 6.2% from 2023 to 2030.

The growth of this market is driven by the increase in goods manufacturing across industries, favorable government regulations for product safety, and technological advancements in fill-finish manufacturing processes. However, high initial costs associated with installing packaging machinery and stringent regulations to limit plastic usage restrain the growth of the global packaging machinery market.

The rising foodborne diseases and increasing demand for processed and packaged products are expected to create growth opportunities for the players operating in this market. However, the lack of skilled operators is a major challenge for market growth.

Rising Foodborne Diseases

The growth in foodborne illness has been linked to improper food packaging. Human interventions during food packaging may degrade food quality due to contamination by human hair, sweat, and nails or the lack of proper hygiene. Several countries, including India, the U.S., and China, are witnessing an increased prevalence of foodborne illnesses. Each year, the consumption of unsafe food causes 600 million cases of foodborne diseases resulting in approximately 420,000 deaths. According to the Centers for Disease Control and Prevention, foodborne diseases account for an estimated 76 million cases, 350,000 hospitalizations, and 5,000 deaths in the U.S. every year. Around 30% of deaths due to foodborne illnesses occur among children under five years of age. The WHO African Region is estimated to have the highest burden of foodborne diseases by population. More than 91 million people are estimated to fall ill, with 137,000 deaths recorded each year. Diarrheal diseases account for more than 70% of the burden of foodborne diseases in the African region. Therefore, governments across the globe are implementing regulations and policies to ensure the safety of food meant for human consumption.

Government agencies around the globe are undertaking initiatives to reduce the incidence of foodborne illnesses. In 2021, the U.S. FDA was focused on strengthening its ‘New Era of Smarter Food Safety’ strategy, continuing its expanded use of whole-genome sequencing, taking swift steps to combat outbreaks—particularly as more new food-risk factors were implicated, increasing its attention on the safety of imported food products (as well as restaurant and retail establishments), and better understanding the animal produce-risk connection. Also, in 2021, Phase 3 of the Safe Food for Canadians Regulations (SFCR) was to be implemented to bring a large number of sectors that were previously outside the regulations (baked goods, confections, snack foods, cereals, processed products) under the scope of licensing and preventive control programs. Such policies and regulations support the adoption of packaging machinery as it reduces the need for human interventions that may contaminate food or deteriorate food quality.

The global packaging machinery market is segmented by type, function, automation mode, end-use industry and geography. The study also evaluates industry competitors and analyses the country and regional-level markets.

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Key Findings in the Packaging Machinery Market Study:

The Shrink Wrapping Machines Segment is Projected to Register the Highest CAGR During the Forecast Period

Based on type, the global packaging machinery market is segmented into carded packaging machines, cartoning machines, case erectors, filling machines, stretch wrappers, shrink wrapping machines, case packers, labeling machines, bottle packaging machines, and other packaging machines. The shrink wrapping machines segment is projected to register the highest CAGR during the forecast period. The growth of this segment is attributed to growing exports and imports worldwide and the benefits of shrinking packaging. Shrink wrapping machines are commonly used for packaging various products, including food items such as meats, cheeses, and produce, as well as consumer goods such as electronics, toys, and books. Shrink wrapping machines can be a cost-effective solution for packaging products, as they require less material than other packaging methods, such as boxes or clamshell containers. This can help to reduce packaging costs over time.

The Multi-function Segment is Projected to Register the Highest CAGR During the Forecast Period

Based on function, the global packaging machinery market is segmented into single function and multi-function. The multi-function segment is projected to register the highest CAGR during the forecast period due to the capabilities of machines to perform various tasks such as vertical form-filling-sealing, horizontal packing, bag placing, and rotary packing.

The Automatic Packing Machines Segment is Projected to Register the Highest CAGR During the Forecast Period

Based on automation mode, the global packaging machinery market is segmented into automatic and semi-automatic packing machines. The automatic packing machines segment is projected to register the highest CAGR during the forecast period. One of the main advantages of automatic packing machines is that they can significantly reduce labor costs and improve efficiency in the packaging process. These machines are also known for their reliability and consistency in producing high-quality packaging.

The Healthcare & Pharmaceuticals Segment is Projected to Register the Highest CAGR During the Forecast Period

Based on end-use industry, the global packaging machinery market is segmented into food & beverages, healthcare & pharmaceuticals, agriculture, chemicals, personal care, consumer electronics, apparel & footwear, and other end-use industries. The healthcare & pharmaceuticals segment is projected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the implementation of stringent regulations on product labeling and safety concerns. The use of packaging machinery in healthcare and pharmaceuticals is essential to maintaining the safety and efficacy of medical products. By automating the packaging process, manufacturers can also increase efficiency, reduce labor costs, and ensure consistency in the packaging of their products. Additionally, specialized packaging machinery in healthcare and pharmaceuticals can help meet regulatory requirements and maintain compliance with industry standards.

Asia-Pacific: Slated to Register the Highest CAGR During the Forecast Period

Based on geography, the packaging machinery market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa (MEA). Asia-Pacific is slated to register the highest CAGR during the forecast period. The market growth in Asia-Pacific is attributed to several factors, including governmental initiatives to promote the adoption of environmentally sustainable packaging, consistent advancements in packaging technology by industry leaders, and expansion in the food sector.

Key Players

The key players operating in the packaging machinery market are Krones AG (Germany), TETRA PAK INTERNATIONAL S.A. (Switzerland), Adelphi Group of Companies (U.K.), FUJI MACHINERY CO., LTD. (Japan), Syntegon Technology GmbH (Germany), SIG Group AG (Switzerland), Barry-Wehmiller Group, Inc. (U.S.), COESIA S.P.A. (Italy), Marchesini Group S.p.A. (Italy), KHS GmbH (Italy), GEA Group Aktiengesellschaft (Germany), MULTIVAC Sepp Haggenmüller SE & Co. KG (Germany), OPTIMA Packaging Group GmbH (Germany), ISHIDA CO., LTD. (Japan), Omori Machinery Co., Ltd. (Japan), and TNA Australia Pty Limited (Australia).

Scope of the Report:

Packaging Machinery Market, by Type            

• Carded Packaging Machines
  • Blister Packaging Machines
  • Clamshell Packaging Machines
  • Skin Packaging Machines
• Cartoning Machines
  • Horizontal Cartoning Machines
  • Vertical Cartoning Machines
• Case Erectors
• Filling Machines
  • Agitator Fillers
  • Flow Fillers
  • Vertical Form-fill-seal Machines 
  • Other Filling Machines
• Stretch Wrappers
  • Orbital Wrappers
  • Ring Straddle Wrappers
  • Straddle Wrappers
  • Turntable Wrappers
• Shrink Wrapping Machines
• Case Packers
• Labelling Machines
• Bottle Packaging Machines
• Other Packaging Machines

Packaging Machinery Market, by Function

• Single Function
• Multi-function

Packaging Machinery Market, by Automation Mode

• Automatic Packing Machines
• Semi-automatic Packing Machines

Packaging Machinery Market, by End-use Industry

• Food & Beverages
  • Dairy
  • Beverages
    • Alcoholic Beverages
    • Non-alcoholic Beverages
  • Snack Foods
    • Chips
    • Nuts and Seeds
    • Other Snacks
  • Meat, Poultry, and Seafood
  • Other Products
• Healthcare & Pharmaceuticals
  • Dietary Supplements
  • Functional foods
  • Medicine
    • Pills & Capsules
    • Medical Devices and Supplies
    • Medical Testing Kits
• Agriculture
  • Fertilizers
  • Seeds
  • Pesticides
• Chemicals
  • Powders
  • Liquid
  • Granules
• Personal Care
  • Fragrances
  • Decorative Cosmetics
  • Body Care
  • Hair Care
• Consumer Electronics
• Apparel & Footwear
• Other End-use Industries

Packaging Machinery market, by Geography 

• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia & New Zealand
  • Rest of Asia-Pacific
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Denmark
  • Netherlands
  • Rest of Europe
• North America
  • U.S.
  • Canada
• Latin America 
  • Brazil
  • Mexico
  • Rest of Latin America 
• Middle East & Africa
  • UAE
  • Israel
  • Saudi Arabia
  • Rest of MEA

Key Questions Answered in the Report: