image

Food Packaging Equipment Market Scope & Overview:

The Food Packaging Equipment Market size was estimated at USD19.87 billion in 2022 and is expected to reach USD 29.3 billion by 2030 at a CAGR of 4.98% during the forecast period of 2023-2030.

Various automation devices control a substantial portion of the food packaging equipment market in the food sector. These machines execute activities such as filling, bagging, sealing, wrapping, bundling, cartoning, over-capping, lidding, labeling, decorating, coding, conveying, and palletizing. The growth of technology has led to the creation of various food packaging equipment to retain the effectiveness, flavor, and taste of food commodities. Increased knowledge of healthy and sanitary food items, as well as the expectation that they will be safe from the time they are packaged until they arrive, are expected to drive market growth. The market is expected to expand because of an increase in demand for appealing, imaginative, and easy-to-carry packaging that distinguishes the product from its competitors.

Food Packaging Equipment Market Revenue Analysis

To get more information on Food Packaging Equipment Market - Request Free Sample Report

MARKET DYNAMICS

DRIVER

  • Population increase and age distribution

The size and rate of population expansion can have a direct impact on the demand for packaged food items, which in turn drives the need for food packaging equipment. The population's age distribution can influence consumer preferences and trends, perhaps leading to changes in packaging needs (for example, convenience packaging for younger, on-the-go customers).

RESTRAIN 

  • Regulations governing food safety, environmental regulations, labeling, and ingredient disclosure

Food safety rules that are strict might create demand for innovative packaging technology that assures product integrity and compliance with safety requirements. As environmental concerns grow, legislation encouraging sustainable packing techniques may emerge, impacting equipment selection. Labeling and ingredient disclosure regulations can have an influence on packaging design and the equipment used to print labels.

OPPORTUNITY

  • Customization and personalization, technological advances, and e-commerce growth

Opportunities occur as new packaging technologies, such as smart packaging, are developed, which may improve product distinctiveness and customer interaction. The rise of e-commerce and direct-to-consumer sales creates a need for packing equipment intended for efficient shipment and handling. Consumer desires for bespoke packaging solutions may open doors for equipment makers to offer customizable alternatives.

CHALLENGES

  • Economic Conditions, Supply Chain Disruptions, and the Competitive Environment

Economic issues, such as recessions, can limit consumer spending and, as a result, influence demand for packaged goods and, as a result, packaging equipment. Supply chain disruptions can pose difficulties for equipment makers by affecting the availability of raw materials and components. Pricing constraints and issues sustaining profit margins might result from intense rivalry among equipment makers.

IMPACT OF RUSSIA UKRAINE WAR

The war has resulted in the evacuation of over 300 large Western corporations as well as the widespread closure of packaging and manufacturing facilities in both Ukraine and Russia. Uncertainty about when it will end has also made some firms hesitant to halt operations, either reducing them or closing them down.

IMPACT OF ONGOING RECESSION

Dynamics of Export and Import During a recession, international trade might suffer, hurting food exports and imports. This, in turn, might affect demand for packing equipment, particularly in trade-dependent nations. Efficiency and automation Food firms may invest in automation and more efficient packing equipment to compensate for reduced worker availability or increasing labor expenses. This trend has the potential to generate innovation and growth in specific market categories. E-commerce and direct-to-consumer trends E-commerce and direct-to-consumer sales may prosper amid economic downturns. This may result in a rise in demand for specialized packing equipment designed for shipment and home delivery.

KEY MARKET SEGMENTATION

By Equipment Type

  • Filling

  • Bottling

  • Case Cartoning

  • Labeling

  • Palletizing

By Application

  • Bakery and Confectionery Products

  • Meat and Poultry Products

  • Dairy Products

  • Beverages

  • Others (Grains, Fruits, Nuts and Vegetables, etc.)

Food Packaging Equipment Market Segmentation Analysis

Need any customization research on Food Packaging Equipment Market - Enquiry Now

REGIONAL COVERAGE

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

REGIONAL ANALYSES

Asia Pacific has the largest market share and is predicted to expand at the fastest rate over the forecast period. The primary driver for the market is the rapid increase in foreign direct investments by food packaging firms to extend their product range across the area. Rising disposable household income, along with a growing middle-class population in various countries, as China and India, would give further support to the industry, propelling market expansion. India's rapidly expanding food packaging sector is likely to drive regional market growth. According to the National Investment Promotion and Facilitation Agency of India, the country's processed food sector is estimated to reach around USD 543.0 billion by the end of 2020, giving considerable potential for companies working in the food packaging equipment industry.

Europe's food packaging market share is expected to expand rapidly. In Europe, the introduction of severe government laws governing food processing and packaging safety is driving demand for modern food packaging systems with sanitary designs.

Key Players

The major key players are, MULTIVAC, M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A., Krones AG, Tetra Pak International S.A., Robert Bosch Packaging Technology, GEA Group Aktiengesellschaft, Illinois Tool Works Inc., ARPAC LLC., Coesia S.p.A., OPTIMA Packaging Group GmbH, and Other Players

Krones AG-Company Financial Analysis

RECENT DEVELOPMENT

Tetra Pak: In August 2023, announced a $100 million investment in a new food packaging factory in China. The factory will employ environmentally friendly packaging materials and be built to suit Ch

ina's rising demand for food delivery.

Amazon: In September 2023, announced a $500 million investment in a new food packaging factory in the United States. To assist Amazon in satisfying the increased demand for online food delivery, the facility will employ automated packing technology.

Food Packaging Equipment Market Report Scope:

Report Attributes Details
Market Size in 2022  US$ 19.87  Bn
Market Size by 2030   US$ 29.3 Bn
CAGR    CAGR of 4.98% From 2023 to 2030
Base Year     2022
Forecast Period  2023-2030
Historical Data  2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Equipment Type (Filling, Bottling, Case Cartoning, Labeling, Palletizing)
• By Application (Bakery and Confectionery Products, Meat and Poultry Products, Dairy Products, Beverages, Others (Grains, Fruits, Nuts and Vegetables, etc.)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles MULTIVAC, M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A., Krones AG, Tetra Pak International S.A., Robert Bosch Packaging Technology, GEA Group Aktiengesellschaft, Illinois Tool Works Inc.,ARPAC LLC., Coesia S.p.A., OPTIMA Packaging Group GmbH
Key Drivers •  Population increase and age distribution
The size and rate of population expansion can have a direct impact on the demand for packaged food items, which in turn drives the need for food packaging equipment. The population's age distribution can influence consumer preferences and trends, perhaps leading to changes in packaging needs (for example, convenience packaging for younger, on-the-go customers).
 
Market Opportunity • Customization and personalization, technological advances, and e-commerce growth
Opportunities occur as new packaging technologies, such as smart packaging, are developed, which may improve product distinctiveness and customer interaction. The rise of e-commerce and direct-to-consumer sales creates a need for packing equipment intended for efficient shipment and handling. Consumer desires for bespoke packaging solutions may open doors for equipment makers to offer customizable alternatives.

 

Frequently Asked Questions

The Food Packaging Equipment Market is expected to grow at 4.98% CAGR from 2023 to 2030.

According to our analysis, the Food Packaging Equipment Market is anticipated to reach USD 29.3 billion By 2030.

 During the forecast period, the filling equipment type is predicted to be the leading sub-segment within the market.

The leading participants in the MULTIVAC, M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A., Krones AG, Tetra Pak International S.A., Robert Bosch Packaging Technology.

Yes, you may request customization based on your company's needs.

TABLE OF CONTENTS

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 Impact of the Russia-Ukraine War

4.2 Impact of Ongoing Recession

4.2.1 Introduction

4.2.2 Impact on major economies

4.2.2.1 US

4.2.2.2 Canada

4.2.2.3 Germany

4.2.2.4 France

4.2.2.5 United Kingdom

4.2.2.6 China

4.2.2.7 Japan

4.2.2.8 South Korea

4.2.2.9 Rest of the World

5. Value Chain Analysis 

6. Porter’s 5 forces model

7. PEST Analysis

8. Food Packaging Equipment Market, By Equipment Type

8.1 Filling

8.2 Bottling

8.3 Case Cartoning

8.4 Labeling

8.5 Palletizing

9. Food Packaging Equipment Market, By Application

9.1 Bakery and Confectionery Products

9.2 Meat and Poultry Products

9.3 Dairy Products

9.4 Beverages

9.5 Others (Grains, Fruits, Nuts and Vegetables, etc)

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 North America Food Packaging Equipment Market, by Country

10.2.2North America Food Packaging Equipment Market, By Equipment Type

10.2.3 North America Food Packaging Equipment Market, By Application

10.2.4 USA

10.2.4.1 USA Food Packaging Equipment Market, By Equipment Type

10.2.4.2 USA Food Packaging Equipment Market, By Application

10.2.5 Canada

10.2.5.1 Canada Food Packaging Equipment Market, By Equipment Type

10.2.5.2 Canada Food Packaging Equipment Market, By Application

10.2.6 Mexico

10.2.6.1 Mexico Food Packaging Equipment Market By Equipment Type

10.2.6.2 Mexico Food Packaging Equipment Market By Application

10.3 Europe

10.3.1 Eastern Europe

10.3.1.1 Eastern Europe Food Packaging Equipment Market by Country

10.3.1.2 Eastern Europe Food Packaging Equipment Market By Equipment Type

10.3.1.3 Eastern Europe Food Packaging Equipment Market By Application

10.3.1.4 Poland

10.3.1.4.1 Poland Food Packaging Equipment Market By Equipment Type

10.3.1.4.2 Poland  Food Packaging Equipment Market By Application 

10.3.1.5 Romania

10.3.1.5.1 Romania Food Packaging Equipment Market By Equipment Type

10.3.1.5.2 Romania Food Packaging Equipment Market By Application

10.3.1.6 Hungary

10.3.1.6.1 Hungary Food Packaging Equipment Market By Equipment Type

10.3.1.6.2 Hungary Food Packaging Equipment Market By Application

10.3.1.7 Turkey

10.3.1.7.1 Turkey Food Packaging Equipment Market By Equipment Type

10.3.1.7.2 Turkey Food Packaging Equipment Market By Application

10.3.1.8 Rest of Eastern Europe

10.3.1.8.1 Rest of Eastern Europe Food Packaging Equipment Market By Equipment Type

10.3.1.8.2 Rest of Eastern Europe Food Packaging Equipment Market By Application

10.3.2 Western Europe

10.3.2.1 Western Europe Food Packaging Equipment Market by Country

10.3.2.2 Western Europe Food Packaging Equipment Market By Equipment Type

10.3.2.3 Western Europe Food Packaging Equipment Market By Application

10.3.2.4 Germany

10.3.2.4.1 Germany Food Packaging Equipment Market By Equipment Type

10.3.2.4.2 Germany Food Packaging Equipment Market By Application

10.3.2.5 France

10.3.2.5.1 France Food Packaging Equipment Market By Equipment Type

10.3.2.5.2 France Food Packaging Equipment Market By Application

10.3.2.6 UK

10.3.2.6.1 UK Food Packaging Equipment Market By Equipment Type

10.3.2.6.2 UK Food Packaging Equipment Market By Application

10.3.2.7 Italy

10.3.2.7.1 Italy Food Packaging Equipment Market By Equipment Type

10.3.2.7.2 Italy Food Packaging Equipment Market By Application

10.3.2.8 Spain

10.3.2.8.1 Spain Food Packaging Equipment Market By Equipment Type

10.3.2.8.2 Spain Food Packaging Equipment Market By Application

10.3.2.9 Netherlands

10.3.2.9.1 Netherlands Food Packaging Equipment Market By Equipment Type

10.3.2.9.2 Netherlands Food Packaging Equipment Market By Application

10.3.2.10 Switzerland

10.3.2.10.1 Switzerland Food Packaging Equipment Market By Equipment Type

10.3.2.10.2 Switzerland Food Packaging Equipment Market By Application

10.3.2.11 Austria

10.3.2.11.1 Austria Food Packaging Equipment Market By Equipment Type

10.3.2.11.2 Austria Food Packaging Equipment Market By Application

10.3.2.12 Rest of Western Europe

10.3.2.12.1 Rest of Western Europe Food Packaging Equipment Market By Equipment Type

10.3.2.12.2 Rest of Western Europe Food Packaging Equipment Market By Application 

10.4 Asia-Pacific

10.4.1 Asia Pacific Food Packaging Equipment Market by Country

10.4.2 Asia Pacific Food Packaging Equipment Market By Equipment Type

10.4.3 Asia Pacific Food Packaging Equipment Market By Application

10.4.4 China

10.4.4.1 China Food Packaging Equipment Market By Equipment Type 

10.4.4.2 China Food Packaging Equipment Market By Application

10.4.5 India

10.4.5.1 India Food Packaging Equipment Market By Equipment Type

10.4.5.2 India Food Packaging Equipment Market By Application

10.4.6 Japan

10.4.6.1 Japan Food Packaging Equipment Market By Equipment Type

10.4.6.2 Japan Food Packaging Equipment Market By Application

10.4.7 South Korea

10.4.7.1 South Korea Food Packaging Equipment Market By Equipment Type

10.4.7.2 South Korea Food Packaging Equipment Market By Application

10.4.8 Vietnam

10.4.8.1 Vietnam Food Packaging Equipment Market By Equipment Type

10.4.8.2 Vietnam Food Packaging Equipment Market By Application

10.4.9 Singapore

10.4.9.1 Singapore Food Packaging Equipment Market By Equipment Type

10.4.9.2 Singapore Food Packaging Equipment Market By Application

10.4.10 Australia

10.4.10.1 Australia Food Packaging Equipment Market By Equipment Type

10.4.10.2 Australia Food Packaging Equipment Market By Application

10.4.11 Rest of Asia-Pacific

10.4.11.1 Rest of Asia-Pacific Food Packaging Equipment Market By Equipment Type

10.4.11.2 Rest of Asia-Pacific Food Packaging Equipment Market By Application

10.5 Middle East & Africa

10.5.1 Middle East

10.5.1.1 Middle East Food Packaging Equipment Market by Country

10.5.1.2 Middle East Food Packaging Equipment Market By Equipment Type 

10.5.1.3 Middle East Food Packaging Equipment Market By Application

10.5.1.4 UAE

10.5.1.4.1 UAE Food Packaging Equipment Market By Equipment Type

10.5.1.4.2 UAE Food Packaging Equipment Market By Application

10.5.1.5 Egypt

10.5.1.5.1 Egypt Food Packaging Equipment Market By Equipment Type

10.5.1.5.2 Egypt Food Packaging Equipment Market By Application

10.5.1.6 Saudi Arabia

10.5.1.6.1 Saudi Arabia Food Packaging Equipment Market By Equipment Type

10.5.1.6.2 Saudi Arabia Food Packaging Equipment Market By Application

10.5.1.7 Qatar

10.5.1.7.1 Qatar Food Packaging Equipment Market By Equipment Type

10.5.1.7.2 Qatar Food Packaging Equipment Market By Application

10.5.1.8 Rest of Middle East

10.5.1.8.1 Rest of Middle East Food Packaging Equipment Market By Equipment Type

10.5.1.8.2 Rest of Middle East Food Packaging Equipment Market By Application

10.5.2 Africa

10.5.2.1 Africa Food Packaging Equipment Market by Country

10.5.2.2 Africa Food Packaging Equipment Market By Equipment Type 

10.5.2.3 Africa Food Packaging Equipment Market By Application

10.5.2.4 Nigeria

10.5.2.4.1 Nigeria Food Packaging Equipment Market By Equipment Type

10.5.2.4.2 Nigeria Food Packaging Equipment Market By Application

10.5.2.5 South Africa

10.5.2.5.1 South Africa Food Packaging Equipment Market By Equipment Type

10.5.2.5.2 South Africa Food Packaging Equipment Market By Application

10.5.2.6 Rest of Africa

10.5.2.6.1 Rest of Africa Food Packaging Equipment Market By Equipment Type

10.5.2.6.2 Rest of Africa Food Packaging Equipment Market By Application

10.6 Latin America

10.6.1 Latin America Food Packaging Equipment Market by Country

10.6.2 Latin America Food Packaging Equipment Market By Equipment Type 

10.6.3 Latin America Food Packaging Equipment Market By Application

10.6.4 Brazil

10.6.4.1 Brazil Food Packaging Equipment Market By Equipment Type

10.6.4.2 Brazil Food Packaging Equipment Market By Application

10.6.5 Argentina

10.6.5.1 Argentina Food Packaging Equipment Market By Equipment Type

10.6.5.2 Argentina Food Packaging Equipment Market By Application

10.6.6 Colombia

10.6.6.1 Colombia Food Packaging Equipment Market By Equipment Type

10.6.6.2 Colombia Food Packaging Equipment Market By Application

10.6.7 Rest of Latin America

10.6.7.1 Rest of Latin America Food Packaging Equipment Market By Equipment Type

10.6.7.2 Rest of Latin America Food Packaging Equipment Market By Application

11. Company Profile

11.1 MULTIVAC

11.1.1 Company Overview

11.1.2 Financials

11.1.3 Product/Services Offered

11.1.4 SWOT Analysis

11.1.5 The SNS View

11.2   M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A

11.2.1 Company Overview

11.2.2 Financials

11.2.3 Product/Services Offered

11.2.4 SWOT Analysis

11.2.5 The SNS View

11.3 Krones AG

11.3.1 Company Overview

11.3.2 Financials

11.3.3 Product/Services Offered

11.3.4 SWOT Analysis

11.3.5 The SNS View

11.4 Tetra Pak International S.A.

11.4.1 Company Overview

11.4.2 Financials

11.4.3 Product/Services Offered

11.4.4 SWOT Analysis

11.4.5 The SNS View

11.5 Robert Bosch Packaging Technology

11.5.1 Company Overview

11.5.2 Financials

11.5.3 Product/Services Offered

11.5.4 SWOT Analysis

11.5.5 The SNS View

11.6  GEA Group Aktiengesellschaft

11.6.1 Company Overview

11.6.2 Financials

11.6.3 Product/Services Offered

11.6.4 SWOT Analysis

11.6.5 The SNS View

11.7 Illinois Tool Works Inc.

11.7.1 Company Overview

11.7.2 Financials

11.7.3 Product/Services Offered

11.7.4 SWOT Analysis

11.7.5 The SNS View

11.8 ARPAC LLC.

11.8.1 Company Overview

11.8.2 Financials

11.8.3 Product/Services Offered

11.8.4 SWOT Analysis

11.8.5 The SNS View

11.9  Coesia S.p.A.

11.9.1 Company Overview

11.9.2 Financials

11.9.3 Product/ Services Offered

11.9.4 SWOT Analysis

11.9.5 The SNS View

11.10 OPTIMA Packaging Group GmbH

11.10.1 Company Overview

11.10.2 Financials

11.10.3 Product/Services Offered

11.10.4 SWOT Analysis

11.10.5 The SNS View

12. Competitive Landscape

12.1 Competitive Benchmarking

12.2 Market Share Analysis

12.3 Recent Developments

12.3.1 Industry News

12.3.2 Company News

12.3.3 Mergers & Acquisitions

13. USE Cases and Best Practices

14. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.


  •            5000 (33% Discount)


  •            8950 (40% Discount)


  •            3050 (23% Discount)

Start a Conversation

Hi! Click one of our member below to chat on Phone