Packaging Techniques Market

Packaging Techniques Market Forecasts to 2028 – Global Analysis By Equipment (Cartoning, Case Packing, Inspecting), Material (Plastics, Metal), Packaging (Flexible, Rigid) and By Geography

4.0 (70 reviews)
Published: October 2021 ID: SMRC21079
4.0 (70 reviews)
Published: October 2021 ID: SMRC21079

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Packaging Techniques Market is accounted for $1,58,686.88 million in 2020 and is expected to reach $1,86,657.35 million by 2028 growing at a CAGR of 2.0% during the forecast period. Rising demand for fresh and high-quality food products, growing demand for hygienic food packaging, and rising shift toward convenient food packaging are driving the market growth. However, increasing cost of development and installation of equipment are hampering the growth of the market.

Packaging process is established on technology and equipment which is used to preserve products and helps to keep them fresh for longer period of time. Packaging contains, protects, preserves, transports, and informs the details of a product or a good. Packaging can be described as organized system of assembling goods for logistics, transport, warehousing, sale, and end use.

Based on the packaging, the rigid packaging segment is going to have lucrative growth during the forecast period as this type of packaging offers structure and support for products and is known for its strength and it is a popular choice due to the heavy-duty nature and protective qualities of the materials used to make them. Popular applications include cereal boxes, glass bottles of spirits, cans of soup, and laundry detergent bottles.

By geography, North America is going to have high growth during the forecast period due to the increasing requirement of convenient packaging from consumers. North America consists of numerous established vendors who focus on expanding their geographic reach in the region.

Some of the key players profiled in the Packaging Techniques Market include Bosch Limited, Nichrome Packaging Solutions, Lindquist Machine Corporation, Coesia S.p.A, ARPAC LLC, GEA Group, IMA Group and Kaufman Engineered Systems.

Equipments Covered:
• Form-Fill-Seal
• Cartoning
• Labeling & Coding
• Case Packing
• Inspecting
• Wrapping & Bundling
• Filling & Dosing
• Detecting   

Materials Covered:
• Plastics
• Paper & Paperboard
• Glass & Wood
• Metal

Packaging’s Covered:
• Flexible Packaging
• Rigid Packaging

 Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India        
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, 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

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• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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