news 2 days ago

Global Food Packaging Machinery Market 2020-2024

The Associated Press

LONDON--(BUSINESS WIRE)--Nov 20, 2020--

The food packaging machinery market is expected to grow by USD 4.05 billion, progressing at a CAGR of over 4% during the forecast period.

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Technavio has announced its latest market research report titled Global Food Packaging Machinery Market 2020-2024 (Graphic: Business Wire)

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The increased demand for food packaging is one of the major factors propelling market growth. However, factors such as fluctuating prices of raw materials will hamper the market growth.

More details:https://www.technavio.com/report/food-packaging-machinery-market-industry-analysis

Food Packaging Machinery Market: Geographic Landscape

APAC will offer several growth opportunities to market vendors during the forecast period. The increased demand for smart packaging will significantly influence the food packaging machinery market's growth in this region. 48% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for the food packaging machinery market in APAC.

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Global Food Packaging Robotics Market: The food packaging robotics market size has the potential to grow by USD 813.02 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!

Global Food and Beverage Packaging Machinery Market: The food and beverage packaging machinery market size has the potential to grow by $8.93 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in year-over-year growth. Click and Get FREE Sample Report in Minutes!

Companies Covered:

  • Coesia Spa
  • GEA Group Aktiengesellschaft
  • Graphic Packaging Holding Co.
  • Illinois Tool Works Inc.
  • Ishida Co. Ltd.
  • John Bean Technologies Corp.
  • KRONES AG
  • MULTIVAC Sepp Haggenmuller SE & Co. KG
  • Syntegon Technology GmbH
  • and Tetra Laval International SA.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • FFS - Market size and forecast 2019-2024
  • Labeling and coding - Market size and forecast 2019-2024
  • Wrapping and bundling - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Coesia Spa
  • GEA Group Aktiengesellschaft
  • Graphic Packaging Holding Co.
  • Illinois Tool Works Inc.
  • Ishida Co. Ltd.
  • John Bean Technologies Corp.
  • KRONES AG
  • MULTIVAC Sepp Haggenmuller SE & Co. KG
  • Syntegon Technology GmbH
  • Tetra Laval International SA

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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KEYWORD:

INDUSTRY KEYWORD: PACKAGING RETAIL MANUFACTURING FOOD/BEVERAGE

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 11/20/2020 07:00 PM/DISC: 11/20/2020 07:01 PM

http://www.businesswire.com/news/home/20201120005547/en