Global End-of-line Packaging Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global End-of-line Packaging Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global end-of-line packaging market report has been segmented on the basis of technology, functionality, order type, end use industry, and region.
Global End-of-line Packaging Market: Overview
End-of-line packaging includes a packaging procedure extremely before shipments or final transportation of the goods. It is an ideal solution for industrial units which aids for automating the packaging and manufacturing process. Moreover, automation of the process helps to the employers to utilize the available workforce for increasing the production capability in terms of quantity and reduces labor cost for every kind of business and fulfill the increasing demand.
Global End-of-line Packaging Market: Dynamics
Increasing demand for automation among manufacturing industries is one of the major factor anticipated to drive growth of the target market. In addition, automation of the production process aids to transform the business by utilizing existing workforce in order to increase the manufacturing abilities. This is one more key factor expected to support the revenue growth of the global market. Increasing adoption of robotic technology in manufacturing units is another factor projected to propel the global market growth. Processing and manufacturing companies are focusing on minimizing the cost of production and packaging as well as enhance the efficiency of packaging system in their units. These are some of the additional factors expected to augment growth of the target market.
Rapidly growing retail and e-commerce industries and growing adoption of robotics in order to enhance the efficiency of packaging are some key factors creating lucrative opportunities for the target market growth.
However, high cost of end-of-line packaging machineries and maintenance cost associated with it are some factors expected to hamper the target market growth during the forecast period.
Global End-of-line Packaging Market: Segmental Analysis
Among the technology segments, the automatic segment is projected to contribute significant shares in the global market, owing to less requirement of supervision.
Among the functionality segments, the labelling segment is expected to register substantial growth.
Among the order type segments, the customized segment is anticipated to account significant shares, in the target market during the forecast period.
Among the end use industry segments, the food and beverages segment is projected to register significant growth, owing to growing consumption of the packaged food and beverages among the working population.
Global End-of-line Packaging Market: Regional Analysis
North America and European markets for end-of-line packaging are projected to contribute in significant revenue shares, in the target market during the forecast period. This is owing to quick adoption of latest technologies among various countries in this region. In addition, increasing implementation of robotics in order to increase production capabilities is another factor anticipated to fuel the target market growth.
End-of-line packaging market in Asia Pacific is expected to register significant growth, owing to rapidly growing food and beverages industry. Moreover, strong base of manufacturing units may create huge demand for end-of-line packaging which is a factor which will support the revenue growth of the target market in this region. Markets in Latin America and Middle East and Africa are expected to register moderate growth over the forecast period.
Global End-of-line Packaging Market Segmentation:
Segmentation by Technology:
Segmentation by Functionality:
- Carton Erecting Packing & Sealing
- Stretch Wrapping
Segmentation by Order Type:
Segmentation by End-use Industry:
- Food & Beverages
- Electronics & Semiconductor
- Others (Chemical Products and Consumer Products)
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Bosch Packaging Technology
- Krones AG
- Optima Packaging Group GmbH
- Pro Mach Inc.
- Gebo Cermex
- IMA S.p.A.
- Festo Corporation
- Combi Packaging Systems LLC
- DS Smith plc
- Schneider Packaging Equipment
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