The global packaging machinery market size is expected to reach USD 66.14 billion by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 4.6% over the forecast period. A significant increase in the demand for convenience food products is driving industry growth. Convenience food includes all types of packaged food products. The demand for packaged food is mainly contributed by the millennial and gen-z customers who are more inclined towards ease and convenience. The industry growth is also attributed to the rising need for differentiation in retail shops since customers are demanding greater product diversity and a wider range of products.

Packaging differentiation calls for the attention of the customer by using unique sizes, shapes, and materials. This subsequently leads to an increasing inclination of manufacturers toward unique packaging styles and drives product growth. Packaging equipment is used in the pharmaceutical industry for packaging medicines and drugs in a safe environment. The pharma industry has witnessed significant growth over the last decade owing to the increased demand for pharmaceutical drugs in BRICS and MIST countries. The development of new generic drugs and medicines has also fueled the pharma industry's growth. The growing e-commerce industry across the world, rising internet penetration & number of e-commerce players, changing lifestyles, and developments in logistics are facilitating the growth of e-commerce shopping.

Gather more insights about the market drivers, restrains and growth of the Packaging Machinery Market

Detailed Segmentation:

Machine-type Insights

The form-fill-seal segment is expected to register the fastest growth rate of 5.7% over the forecast period. Horizontal Form Fill Seal (HFFS) machines are packaging techniques for high-production manufacturing structures that serve, pack, and ship edible goods. HFFS saves time and money due to their speed and efficiency, effectively sealing and vacuum sealing products in a shorter time. Rising demand for wrapped foods, such as wrapped vegetables, sandwiches, loaves of bread, etc., in urban areas, is projected to considerably contribute to the growth of the wrapping machine segment. Wrapping machines are also used for industrial and commercial goods. The growing e-commerce industry and increased total production output, especially in emerging industrial economies including China, are expected to drive this segment.

End-use Insights

The food end-use segment dominated the global industry in 2021 and accounted for the maximum share of more than 36.00% of the overall revenue. The growing need for packed food due to convenience and ease is expected to drive the growth of this segment. In addition, there has been a rising consumption of healthy and organic food products, which require a special type of packaging. This is likely to further augmented the demand for packaging equipment. The demand for packaging machines in the beverage industry is likely to be driven by factors, such as the growing consumption of beverages and an increase in the variety of beverage products. Many beverage product companies have expanded their product offerings, thus increasing the demand for highly refined and flexible packaging machines.

Regional Insights

Asia Pacific led the global industry in 2021 and accounted for the maximum share of more than 36.5% of the overall revenue. Rapid population growth and rising consumer purchasing power are likely to fuel the demand for packaged goods, which is anticipated to facilitate regional market growth. Launching production facilities by significant regional players is expected to increase the e-commerce industry, which is anticipated to promote the regional market. North America is primarily driven by the highly established food & beverage industry in the U.S. and Canada. The presence of various multinational food processing and manufacturing companies results in an increased demand for packaging machinery. Technological progress in packaging equipment is also one of the leading factors driving the region’s growth.

Browse through Grand View Research's Food Safety & Processing Industry Research Reports.

• The global beverage cans market size was estimated at USD 41.14 billion in 2023 and is expected to expand at a CAGR of 5.5% from 2024 to 2030. 

• The global beverage packaging market size was estimated at USD 157.73 billion in 2023 and is expected to grow at a CAGR of 5.0% from 2024 to 2030.

Key Companies & Market Share Insights

Manufacturers adopt several strategies including acquisitions, mergers, joint ventures, new product developments, and geographical expansions to enhance market penetration and cater to the changing technological requirements of various end-use industries. For instance, in January 2021, ProMach acquired Bartelt (manufacturer of horizontal form fill & seal (HFFS) and fill & seal pouch packaging systems) from KHS Group, the aim of ProMach’s is to boost the portfolio of pouch packaging solutions and enable the company to grow its business by adding a new North American base for flexible packaging solutions. 

Some of the prominent players in the global packaging machinery market include:

• Langley Holding plc

• Maillis Group

• Rovema GmbH

• Douglas Machine Inc.

• KHS Group

• SIG

• Tetra Laval International S.A.

• Krones AG

• I.M.A. Industria Macchine Automatiche S.p.A.

• Syntegon Technology GmbH

• ProMach

• GEA Group Aktiengesellschaf

• Sacmi

• Coesia S.p.A.

• Duravant

Packaging Machinery Market Segmentation

Grand View Research has segmented the global packaging machinery market on the basis of machine-type, end-use, and region:

Packaging Machinery Machine-type Outlook (Revenue, USD Billion, 2017 - 2030)

• Filling

• Labeling

• Form-Fill-Seal

• Cartoning

• Wrapping

• Palletizing

• Bottling Line

• Others

Packaging Machinery End-use Outlook (Revenue, USD Billion, 2017 - 2030)

• Beverages

• Food

• Chemicals

• Personal Care

• Pharmaceuticals

• Others

Packaging Machinery Regional Outlook (Revenue, USD Billion, 2017 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o U.K.

o Spain

o Italy

o Russia

• Asia Pacific

o China

o India

o Japan

o Australia

o South Korea

• Central & South America

o Brazil

• Middle East & Africa

o Saudi Arabia

o UAE

Order a free sample PDF of the Packaging Machinery Market Intelligence Study, published by Grand View Research.