According to Future Market Insights research, during the projected period, the global market is set to enjoy a valuation of USD 5.3 billion in 2023 and further expand at a CAGR of 4.4% to reach USD 8.2 billion by 2033.
The sales of end-of-line packaging are projected to escalate, with the top 5 companies anticipated to hold around 20-25% of the global market by the end of 2033.
The market is estimated to have a lucrative growth outlook during the forecast period. The sales of integrated end-of-line and integrated packaging lines are estimated to accelerate, with the top 3 countries holding 30-35% of the market in 2023.
With the rising adoption of automation and robotic technologies, the demand for automatic end-of-line packaging is estimated to supplement the sales of end-of-line packaging and demand for end-of-line packaging. The end-of-line packaging market is anticipated to expand 1.5 times the current market value during the forecast period.
The adoption of advanced technologies in North America and Europe is estimated to drive the demand for end-of-line and standalone packaging machines. North America and Europe are projected to hold around half the market by the end of 2033.
Leading Lights to Strengthen Demand for End-of-line Packaging
Preferences of Customers
Consumer preference for packaging in terms of packaging formats, quality, and sustainability is changing over time. The end-user industries are demanding solutions that can pack quantities of any packaging format and size while using the same machine (for example, standalone packaging machines).
Greater Adaptability of Machinery
Companies offering end-of-line packaging solutions are focused on providing machinery more adaptable to these changing consumer preferences and enabling an efficient changeover. Companies that offer end-of-line (EoL) packaging solutions must focus on packaging equipment that can adequately load while reducing costs, space, consumables consumption, and labor.
Streamlining Proficiency
Today, existing players are primarily focused on improving efficiency, and only a handful of companies offer products with low-required attributes. Overall, with the increasing need for automation and integrated packing solution as well as integrated packaging lines and packaging equipment, the demand for end-of-line packaging is projected to bolster during the forecast period.
Constraint Aspect in the Global Market
The high initial investment and maintenance costs of end-of-line packaging machinery limit the global market growth.
The Window of Opportunity for the End-of-Line Packaging Market
Lure Customers with Enticing Packaging
The need to attract customer attention through appealing food packaging has shifted the focus of attention to end-of-line packaging. Given these factors, it is reasonable to expect the market to follow a profitable path, expanding the market.
| Attribute | Details |
|---|---|
| Market CAGR (2023 to 2033) | 4.4% |
| Market Valuation (2023) | USD 5.3 billion |
| Market Valuation (2033) | USD 8.2 billion |
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
The global end-of-line packaging market has grown steadily over the past few years at a CAGR of 3.5% between 2018 to 2022. The market captured a valuation of USD 4.4 billion in 2018 and USD 5.1 billion in 2022.
In the traditional era, manufacturers and packers had to pack their goods separately, increasing the packing cost of the packers and the cost of the goods. Packers must invest in different machines like standalone packaging machines for various goods tasks.
Still, due to continuous innovation and research, final packaging that solves all packer's problems, from loading to packing goods, was discovered.
The end-of-line packaging resulting in reduced cost and human effort gained popularity among the end-use industries. The end-of-line packaging is available in different techniques, such as automatic end-of-line packaging and semi-automatic end-of-line packaging. Based on function, it is differentiated as standalone and integrated end-of-line packaging.
End-of-line packaging is a machine used to increase the productivity and accuracy of the packaging. It is widely used in food, beverages, pharmaceuticals, automotive, and other industries. The end-of-line packaging includes case packers, sealers, pallet wrappers, and case bundlers.
Overall, end-of-line packaging can adjust to different packaging sizes and formats (like all-line packaging), and eliminating the use of different machines gains popularity in the end-use industries. The future outlook for end-of-line packaging is projected to boost at a faster pace.
By technology, automatic end-of-line packaging is projected to contribute a maximum share of 62.5% in the global market by 2033. The automatic end-of-line packaging segment is anticipated to expand at a CAGR of 5.1% during the forecast period.
The main advantage of automatic packaging technology is that it reduces labor costs and time for an organization. This technique reduces the need for human effort and allows for more precise packaging.
Based on the end-use industry, the food & beverages segment is estimated to boost the demand for end-of-line packaging. The target segment is projected to hold around 34.1% of the market share by the end of 2033.
The prolific rise in demand for processed consumable products has propelled the demand for end-of-line packaging. Shortly, the increased technological adoption among all the players across the food industry is estimated to result in a much-needed boost for developing global end-of-line packaging.
The above image represents the basis point analysis 9BPS) for the technology and end-use industry segment. In the technology segment, automatic end-of-line packaging is anticipated to grow by around 500 BPS during the forecast period.
Based on the end-use industry segment, the food and beverage segment is projected to rise significantly by around 600 BPS over the next decade.
| Countries | Market Value Share in 2023 |
|---|---|
| United States | 18.1% |
| Germany | 5.2% |
| Japan | 6.4% |
| Australia | 1.8% |
| Countries | Market CAGR Value in 2023 |
|---|---|
| China | 6.7% |
| India | 5.3% |
| United Kingdom | 2.9% |
China's end-of-line packaging market is anticipated to expand the current market value by securing a CAGR of 6.7% during the forecast period.
As of June 2022, China produced about 25 lakh vehicles, including passenger and commercial vehicles, and as of June 2022, about 2.5 lakh vehicles were exported worldwide, according to key findings from the China Association of Automakers Manufacturers.
Increasing demand for automobiles is expected to increase demand for end-of-line packaging to pack various automotive products.
Japan's end-of-line packaging market is anticipated to create an incremental opportunity of USD 157 million during the forecast period. Japan is estimated to register a share of 6.4% in the global market by 2033.
According to the facts announced by the Japan Electronics and Information Technology Industries Association, Japan produced USD 79.3 billion of electronic products in 2023 and exported USD 78.3 billion of electronic products worldwide in 2023. The increasing production and trade of electronics in Japan are projected to boost market opportunities.
The key players of end-of-line packaging are trying to expand their customer base and resources through acquisitions and partnerships with some local or global players. The key players are strengthening their production capacity to cater to the growing demand for packaging machines.
Recent Developments in the Global Market:
Schneider Packaging Equipment Company, Inc.
On September 16, 2019, GenNx360 Capital Partners ("GenNx360"), in collaboration with the management team and current owners of Schneider Packaging Equipment Company, Inc., announced its investment in the Company.
Schneider is a market leader in designing, assembling, and producing end-of-line packaging equipment, primarily automated case packing and palletizing machinery. It is steadily striving to acquire opportunities across various industries.
Krones AG (Germany)
Krones AG acquired Gernep Group, a German packaging machinery manufacturer, in April 2015. Krones AG acquired Schaefer Förderanlagen- und Maschinen GmbH, Unterföhring, Germany, in March 2015, focusing solely on aftersales service and engineering for pallet handling solutions.
Krones AG received the German Packaging Award at FachPack 2015 for developing the BEVkeg packaging concept for beverage packaging. The Company constantly strives to improve end-of-line packaging machinery to increase its revenue share.
Bosch Packaging Technology
Bosch Packaging Technology has announced its rebranding as Syntegon and several new operational goals and priorities. Today, the former Bosch division, known as Bosch Packaging Technology until late 2019, presented itself as an independent enterprise. Syntegon Technology is a new name among the processing and packaging industry's market leaders.
As planned, Bosch Packaging Technology was sold on January 2, 2020. Bosch announced in June 2018 that it planned to sell its packaging division and found a buyer in CVC Capital Partners (CVC) a year later.
In March 2016, Bosch Packaging Technology introduced Sigpack TTMP, a new top-load efficient and flexible carton for pharmaceutical customers. From time to time, the Company takes diverse measures to enhance its portfolio and expand its visibility.
Bosch Packaging Technology introduced D3 robotic packaging solutions in September 2015 to handle higher payloads and increase pick rates. These methodologies are aiding and abetting the Company's growth in revenue.
Festo Corporation
PMMI and Festo Didactic Team Up on Workforce Development
PMMI, The Association for Packaging and Processing Technologies, and Festo Didactic Inc. North America have provided advanced technical education and hands-on training aligned with the industry's higher standards to PMMI members and education partners.
Together, the two organizations provide highly customizable training options to packaging and processing companies, thereby closing the growing STEM skills gap. From time to time, the Company takes diverse measures to enhance its portfolio and expand its visibility.
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD billion for Value |
| Key Countries Covered | United States, United Kingdom, Japan, India, China, Australia, Germany |
| Key Segments Covered | Technology, Function, End Use industry, Region |
| Key Companies Profiled | ABB Ltd.; Schneider Packaging Equipment Company, Inc.; Festo Corporation; I.M.A. Industria Machine Automatiche; Krones AG; MESPACK; Pro Mach; DS Smith plc; Syntegon Technology GmbH; Combi Packaging Systems |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
In 2023, North America is anticipated to hold 35% of the global market share.
Asia Pacific is projected to be worth around USD 48.2 billion by 2033.
India is anticipated to experience exponential expansion.
The rising demand for processed and packaged foods and rising disposable incomes.
The need for environmentally friendly packaging new packaging technologies are driving the industry.
| Market Size, 2023 | USD 59.4 billion |
|---|---|
| Market Size, 2033 | USD 92.3 billion |
| Value-based CAGR from 2023 to 2033 | 4.5% |
Explore Packaging Technology Insights
View Reports
End-of-Line Packaging Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
