According to the research report titled, ‘Global Packaging Machinery Market Size study, by Machine Type (Filling, Labeling, Form-Fill-Seal, Cartoning, Wrapping, Palletizing, Bottling Line and Others), End-use (Beverages, Food, Chemicals, Personal Care, Pharmaceuticals and Others) and Regional Forecasts 2021-2027,’ available with MarketStudyReport, global packaging machinery market is expected to amass notable gains during 2021-2027.
 

Escalating demand for consumer goods, increasing adoption of automated machineries for packing, and surging e-commerce trends are propelling the growth of global packaging machinery market. As per Statista, in 2020, worldwide retail e-commerce sales reached USD 4.28 trillion and is anticipated to touch USD 5.4 trillion by 2022.
 

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Additionally, rising number of supermarkets and innovative product launches by leading companies s are positively swaying the market dynamics.
 

On the flipside, high costs associated with packaging machineries and rigid government policies are likely to hamper the market’s remuneration scope in the ensuing years.
 

With respect to machine type, the industry is split into labelling, filling, bottling line, cartoning, form-fill-seal, wrapping, palletizing and others. In terms of end user scope, global packaging machinery market is arrayed into chemicals, food, beverages, pharmaceuticals, personal care, and others.
 

The report provides a detailed assessment of the aforementioned segments by determining their individual size, scope, and annual growth rates so as to identify the potential investment areas prevailing in this vertical.
 

Regionally speaking, North America, Asia Pacific, Europe, and Latin America are the major benefactors to the expansion of this business sphere. Among these, Asia Pacific market is anticipated to showcase lucrative progression trends during 2021-2027, owing to increasing demand for consumer goods brought on by rising population and high adoption of automation in packaging.
 

Speaking of the competitive landscape, companies such as Adelphi Group, Langley Holdings plc, Duravant LLC, Coesia S.p.A, CKD Corporation, Robert Bosch GmbH, Barry-Wehmiller Companies, Inc., Fuji Machinery Co., Ltd., B&H Manufacturing Inc., and Aetna Group  S.p.A are influencing global packaging machinery market trends.
 

These companies are undertaking various strategies including mergers & acquisitions, innovative product launches, collaboration deals, partnerships, and investments in research & development to strengthen their foothold in the market and garner a significant revenue share.