According to Future Market Insights research, during the projected period, the global pouch packaging machines market is set to enjoy a valuation of USD 1.2 Billion in 2022, and further expand at a CAGR of 4.1% to reach USD 1.8 Billion by the year 2032. The pouch packaging machines sales are projected to escalate with the top 5 companies anticipated to hold around 15 to 20% of the global pouch packaging machines market by the end of 2022.
Based on the automation, the automatic pouch printing machine segment is projected to remain the leading segment among the other automation segments due to the high adoption of the latest technology and automation by the end-use industries.
| Attributes | Details |
|---|---|
| Market Size 2022 | USD 1.2 Billion |
| Market Size 2032 | USD 1.8 Billion |
| Value CAGR (2022 to 2032) | 4.1% |
| Collective Value Share: Top 5 Companies (2022E) | 15 to 20% |
According to the FMI analysis, the pouch packaging machines market reached USD 1,156.8 Million in 2021. With the increased adoption of automation, the global pouch packaging machines market is projected to reach USD 1,810.5 Million by the end of the forecast period, expanding at a CAGR of 4.1% from 2022 to 2032.
The pouch packaging machines market is estimated to boost during the forecast period. A new forecast by FMI anticipates that the pouch packaging machines sale will propel during the forecast period and is projected to create an opportunity of USD 642.7 Million from 2022 to 2032.
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The global pouch packaging machine market witnessed a growth rate at a CAGR of 3.7% from 2017 to 2021 and reached USD 1,156.8 Million in 2021.
Pouch packaging machines are used for fabricating pouches made from flexible material and for packaging the food and non-food items inside them. Despite being the global market for the rigid packaging as the largest segment, the flexible packaging segment is rising at a faster rate. Because of that pouch packaging is the most preferred packaging solution for the various end user. Consumers prefer pouch packaging as it is small, lightweight, easy to carry, and space efficient. The benefits offered by pouch packaging gain the consumer's attention towards flexible packaging.
With the introduction of new technology and trends, which have an impact on the market, consumer purchasing patterns are changing. The biodegradability of product packaging must be taken into consideration when choosing raw materials for the production of packaging products.
Aseptic packaging, moisture resistance, ease and convenience of disposal, good product quality, and cost-effectiveness for both makers and customers are just a couple of the qualities that materials used for packaging must possess. Consumers seek healthier packing pouches as they become more and more health aware. There are numerous different types of foods and beverages available on the global market for pouch packaging machines.
The pouch packaging machines market is largely driven by the food and beverage industry segment. With the constantly growing population, the requirement for packaged food is going upwards and consumers are changing their shopping preferences. People are shopping from retail marts and supermarkets and the demand for ready-to-eat packaged food is increasing.
People are now more worried about the food they are consuming and hence buying properly packaged food. Also, pouch packaging is preferred by many brands as it is having many advantages such as low cost, easy handling, and space-saving and hence reduces the overall production and transportation cost. The surge in demand and the consumption of packaged food is majorly driving the pouch packaging machines market.
During the forecast period, the automatic pouch packaging machines segment is expected to hold around 65% of the market value share by the end of the forecast period.
Automatic pouch packaging machines are in demand by the manufacturing industries because they provide the maximum output in a minimum time. Automatic pouch packaging machines can operate without human intervention and reduces labor costs. Industries producing a large number of products with continuous operation adopt automatic pouch packaging machines for manufacturing. Also, the accuracy and strength provided by the automatic pouch packaging machine are unmatchable to manual packaging.
According to the report published by The USA Department of Agriculture (USDA), the number of grocery stores increased by 4%, from 63,619 to 65,975 between 2009 and 2014 and convenience stores increased from 120,581 to 124,879 which by 4% in the USA.
The maximum increment was seen in supermarts and warehouse club stores which is by 18%. The largest share of stores out of the four was convenience stores which accounts for 57% and next was grocery stores accounting for 30%. This will positive growth opportunities for the pouch packaging machine market.
According to The World Bank Group, a survey shows that 64% of Chinese agreed that food safety is a major priority as it affects their daily lives.
Chinese government promulgated a new Food Safety Law in the year of 2009 and created a food control system. Food safety is directly related to public health and has more impact on poor people. Thus, the reforms in food safety in china created growth opportunities for the pouch packaging machine market.
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| Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4.1% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2017 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Automation Type, Output, End-use, Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Middle East and Africa (MEA); Oceania |
| Key Countries Covered | USA, Canada, Mexico, Brazil, Germany, United Kingdom, France, Italy, Spain, Russia, China, Japan, India, GCC countries, Australia |
| Key Companies Profiled | Velteko Cz Sro; Azco Corp; Matrix Packaging Machinery, LLC; Prodo Pak Corporation; Delta ModTech; About Packaging Robotics, Inc; American-Newlong, Inc; Tecno Pack Spa; James Dawson Entreprises Ltd; Hassia-Redatron Gmbh; SN Maschinenbau GmbH; Pacraft Co., Ltd.; Mentpack Gmbh; Nichrome Packaging Solutions; Mespack; Viking Masek Packaging Technologies; Spack Machine; Supertech Packaging Machinery; Echo Machinery Co. Ltd.; Volpak S.A.U; Pacraft Co., Ltd |
| Customization & Pricing | Available upon Request |
The global pouch packaging machines reached USD 1,156.8 Million in 2021.
The pouch packaging machines market is expected to grow at a CAGR of 4.1 % from 2022 to 2032.
The global pouch packaging machines market value in 2022 is to be USD 1,211.4 Million.
The global pouch packaging machines market value in 2032 is expected to be USD 1,810.5 Million.
The food and beverage segment is expected to lead the global pouch packaging machines market during the forecasted period of 2022 to 2032.
Velteko Cz Sro, Azco Corp, Matrix Packaging Machinery, LLC, Prodo Pak Corporation, Delta ModTech, American-Newlong, Inc, Tecno Pack Spa, Hassia-Redatron Gmbh, Mentpack Gmbh, and Nichrome Packaging Solutions are some of the key players operating in the pouch packaging machines market.
As per the FMI analysis, the USA pouch packaging machines market is projected to expand at a CAGR of 3.5% from 2022 to 2032.
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