Global Food Packaging Equipment Industry: Key Statistics and Insights in 2024-2032

Summary:

• The global food packaging equipment market size reached USD 18.6 Billion in 2023.
• The market is expected to reach USD 28.2 Billion by 2032, exhibiting a growth rate (CAGR) of 4.63% during 2024-2032.
• Asia Pacific leads the market, accounting for the largest food packaging equipment market share.
• Offline retail channels dominate the market because of the growing focus on reducing labor costs.
• Form, fill, and seal machines lead the market because they can provide real-time monitoring of product quality.
• The integration of automation and robotics transforms packaging processes by improving speed, precision, and efficiency. This results in significant cost savings and increased production volumes.
• Modern consumers prioritize convenience, safety, and attractive packaging solutions.
• The thriving e-commerce sector drives demand for strong, tamper-evident, and visually appealing packaging solutions. This offers a positive market outlook.

Grab a sample PDF of this report: https://www.imarcgroup.com/food-packaging-equipment-market/requestsample

Industry Trends and Drivers:

• Technological Advancements

The integration of automation and robotics revolutionizes packaging processes by enhancing speed, precision, and efficiency. This leads to significant cost savings and higher production volumes. Smart packaging technologies, such as sensors and freshness indicators, add value by providing real-time information about product quality and safety. This appeals to both manufacturers and consumers. Innovations in sustainable packaging materials like biodegradable plastics and compostable films address environmental concerns and regulatory pressures. These advancements improve the functionality and appeal of packaging while aligning with the growing emphasis on sustainability.

• Consumer Preferences

Modern consumers prefer convenience, safety, and attractive packaging solutions. Ready-to-eat meals, single-serve portions, and easy-to-open packages need sophisticated packaging solutions. The rising awareness of food safety and hygiene is driving the demand for tamper-evident and contamination-proof packaging. Additionally, the preference for eco-friendly and sustainable materials and methods is boosting market growth. Packaging that ensures product freshness, extends shelf life, and maintains nutritional value is crucial. The aesthetic appeal of packaging can influence purchasing decisions.

• E-commerce Growth

The growing need for robust, tamper-evident, and visually appealing packaging is linked to the booming e-commerce sector. Packaging for e-commerce must ensure product integrity during transportation, requiring durable materials and advanced sealing technologies. The increasing number of subscription meal kits and direct-to-consumer food brands is further driving market growth. There is a rising demand for specialized packaging solutions that can handle various products and maintain freshness over long delivery times. Efficient and innovative packaging is essential to meet the logistical challenges and consumer expectations tied to e-commerce.

Explore full report with table of contents: https://www.imarcgroup.com/food-packaging-equipment-market

Food Packaging Equipment Market Report Segmentation:

By Application:

• Meat, Poultry and Seafood
• Dairy
• Bakery and Snack
• Frozen Food
• Candy and Confectionery
• Cereal and Grain
• Perishable Prepared
• Shelf Stable

Meat, poultry and seafood hold the biggest market share due to changing dietary patterns of individuals.

By Distribution Channel:

• Offline
• Online

Offline accounts for the largest market share, driven by the rising focus on lowering labor costs.

Breakup By Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Asia Pacific enjoys a leading position in the food packaging equipment market on account of favorable regulatory compliance.

Top Food Packaging Equipment Market Leaders:

The food packaging equipment market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

• ARPAC LLC (Duravant LLC)
• GEA Group Aktiengesellschaft
• Illinois Tool Works Inc.
• IMA group
• ISHIDA CO.LTD
• Krones AG
• MULTIVAC
• Omori Machinery Co. Ltd.
• OPTIMA packaging group GmbH
• Tetra Laval International SA

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145