Packaging Machinery Sector: Growth Drivers and Challenges
Growth Drivers
- Features, such as, High Packaging Speed and Uniformity Likely to Boost the Market Growth
- Increasing Demand for Packaging in Supply-Chain Activities for Various End-User Industries to Promote Market Growth
Challenges
- High Capital Investment and Maintenance Cost of Packaging Machinery Likely to Hamper the Market Growth
Packaging Machinery Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
4.2% |
|
Base Year Market Size (2024) |
USD 49.86 billion |
|
Forecast Year Market Size (2037) |
USD 85.12 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of packaging machinery is assessed at USD 51.64 billion.
Packaging Machinery Market size was over USD 49.86 billion in 2024 and is anticipated to cross USD 85.12 billion by 2037, witnessing more than 4.2% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is poised to dominate majority revenue share by 2037, driven by rising demand for packaging machineries by the major food & beverages manufacturers present in the region.
The major players in the market are Barry-Wehmiller Companies, Automated Packaging Systems, Inc., Krones AG, Serpa Packaging Solutions, Syntegon Technology GmbH and others.