Packaging encompasses an essential part of the marketing mix for any product or brand. There is a growing demand for new packaging machines that is suitable for changing requirements of the packaging industry. Case packer machine is one of the important machinery for packaging production. Moreover, manufacturers are inclined to adopt case packer machine owing to the multiple purposes of the machine in a single unit that aids to minimize the time. Also, manufacturers are also interested to save the labor cost owing to the increasing wages in developed countries.
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Case packer machine: Market Dynamics
Global case packer machine market is primarily driven by the food industry during the forecast period, due to the massive usage of this product in the packaging of various food products such as snacks, confectionary and bakery. Increasing competition in the fast moving consumer goods is expected to propel manufacturers to use case packer machines to provide the products in a fast pace. Case packer machine reduces the production duration which can create a massive impact in the delivery of the product. On the other hand, case packing, case filling and case sealing operations can be done into a single unit which is expected to propel the growth of the case packer machine market. Apart from that, case packer machine is able to produce packaging solutions for different alcoholic & nonalcoholic beverages that in turn escalates the sales of case packer machine during the forecast period. Now a days, labor cost is also rising particularly in the developed economies that is positively influencing the demand of case packer machine in the near future. Moreover, conventional case packer machine occupies large area of valuable floor spaces in the plant which is expected to hinder the growth of the market. In addition, case packer machine provides high volume output which can exceed the requirement of the small organizations.
Case packer machine: Market Segmentation
The global case packer machine market is segmented on the basis of automation mode, end user and machine type:
Based on the automation mode the global case packer machine market is segmented into:
Based on the end user the global case packer machine market is segmented into:
Cosmetic & personal care
The beverages segment can be sub segmented such as alcoholic & non alcoholic
Among all the end user segment, food segment is expected to generate maximum revenue during the forecast period
Based on the machine type, the global Case packer machine market is segmented into:
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Case packer machine Market: Regional outlook
In terms of geography, the global case packer market has been divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. Asia Pacific region is expected to grow at a high rate during the forecast period due to the presence of developing countries such as India and China where the demand of the product is very high. North America and Europe are expected to witness moderate growth in the near future. But some developed countries in Europe such as Germany, England and France are expected to grow in a slower pace owing to the saturation in the market. However, Middle East and Africa region is expected to be slothful in the next half of the decade.
Case packer machine Market: Key players
Some of the key players in the global case packer machine market are STANDARD-KNAPP, INC., EconoCorp Inc., PT. Wasindo Panca Mitra, Advantage Machinery services, Inc., DS Smith Packaging Limited, Bosch Packaging Technology Inc., Cama Group etc. Key players also emphasizing for mergers and acquisitions with the local players to increase the product portfolio and also to penetrate their business into emerging countries.
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