The powder packing machine market is valued at USD 4.41 Billion in 2022. As per the FMI’s report, sales are anticipated to rise at a slower pace with a 2.8% CAGR while the market is likely to reach an expected value of USD 6.89 Billion by 2032.
The growing e-commerce market is helping the growth of powder packing as packaging encompasses an essential part of the marketing mix of any product. The changing need of the packaging industry is pushing manufacturers to experiment with their products. So, companies now focus on product-based powder packing machines that provide products in a short period.
| Attribute | Details |
|---|---|
| Powder Packing Machine Market Estimated Size (2022) | USD 4.41 Billion |
| Powder Packing Machine Market Value-based CAGR (2022 to 2032) | 2.8% |
| Powder Packing Machine Market Anticipated Value (2032) | USD 6.89 Billion |
Production of various advantages like specific pouches and production speed expands the Powder Packing Machine Market size. The increasing number of restaurants and coffee cafes also consume a huge chunk of powder packing machines. These machines are used for packing different food items and product packaging, fueling the sales of powder packing machines.
A global study on the powder packing machines market has explained the need for powder packing machines that dispense and pack pouches for specific needs. Especially, covid-19 has increased the demand for these powder packing machines as the government has directed the outlets to follow the no-contact delivery.
The new automatic and modern powder packing machines vary the different types of tea, coffee, and different spices. The emergence of technologies in powder coating equipment in auxiliary equipment has radically enhanced operating efficiency and improved cost savings, fueling the demand for powder packing machines.
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The Powder Packing Machine Market is expected to be driven by the increasing growth of the food industry, escalating the sales of powder packing machines during the forecast period. A growing number of populations is anticipated to positively influence the development of powder packing machines because powder packing machines are used widely during packaging baby food.
An increasing number of coffee shops and restaurants are expected to increase the sales of powder packing machines because powder packing machine aids in increasing production. As a result, the product can be delivered to the distributors in a short period.
Apart from this, many spices are available in the market in powder form, which further intensifies the growth of the Powder Packing Machine Market. An increasing number of nuclear families positively influences the sales of powder packing machines during the forecast period because it increases the sales of small pouches of different products such as tea, coffee, and different spices. Automatic and modern powder packing machines offer a wide range of durable and flexible pouch designs along with different sizes. The pouches can be customized according to the needs and requirements of clients, fueling the sales of powder packing machines.
Powder packing machines are extensively used in fast-fast-moving consumer goods, especially for detergents which are expected to stimulate the sales of powder packing machines during the forecast period. Increasing competition between food manufacturing companies is expected to boost the demand for powder packing machines because the product aids in reducing wastage. In addition, some medicines are also available in the market in powder form and can make a massive impact on the global powder packing machine.
The Asia-pacific market dominates the market with e-commerce expanding its space and packaging production rising in the region.
A new market research report on Asia Pacific's power packing machine market explains that the government has helped the companies to go through the phase of a pandemic. The major companies expanding their businesses along with the new market spaces settle down.
The growing E-commerce spaces and how these spaces add up new components to them are fueling the sales of powder packing machines. The countries like India and China are setting up manufacturing units for packaging production along with new SMEs and Large enterprises recovering through the course of the pandemic and moving upwards.
North America is expected to witness healthy growth during the forecast period. Europe is also anticipated to grow fast for the early adopter. But Latin America and Middle East & Africa regions are expected to be sluggish in the upcoming decade, pushing the overall sales of powder packing machines.
Principal Consultant
The start-up ecosystem has grown with the new manufacturing units set up while there are multiple e-commerce startups that are adding their own powder packing machines and production units. These companies focus on creating more and more varieties of pouches with new designs and sizes, fueling the overall demand for powder packing machines.
Key players are increasing their production capacity and launching new products to attract new customers. The powder packaging machine industry players brace themselves to garner a significant market share by resorting to innovation and strong Research and Development capabilities.
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| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 2.8% from 2022 to 2032 |
| Base Year for Estimation | 2022 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million 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 Solution, End Use, Product Capacity, Region |
| Regions Covered | North America; Latin America; Western Europe; Eastern Europe; The Asia Pacific excluding Japan; Japan; The Middle East and Africa |
| Key Countries Profiled | The USA, Canada, Brazil, Argentina, Germany, The UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, GCC Countries, South Africa |
| Key Companies Profiled | Nichrome Packaging Solutions; Ipk packaging; Shivalaya Machinery Manufacturing Company; Viking Masek Global Packaging Technologies |
| Customization | Available Upon Request |
The powder packing machine market is expected to reach a valuation of USD 6.8 Billion in 2022.
The powder packing machine market is anticipated to expand at a 2.8% CAGR over the forecast period.
The powder packing machine market grew at a sluggish 4.6% CAGR between 2017 and 2021.
1. Executive Summary | Powder Packing Machine Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Automation Solution 5.1. Automatic 5.2. Semi-automatic 5.3. Manual 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Production Capacity 6.1. Up to 500 Pouches/Hour 6.2. 500 - 1,000 Pouches/Hour 6.3. 1,000 - 1,500 Pouches/Hour 6.4. 1,500 - 2,000 Pouches/Hour 6.5. 2,000 - 2,500 Pouches/Hour 6.6. Above 2,500 Pouches/Hour 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use 7.1. Food 7.2. Pharmaceutical 7.3. FMCG Products 7.4. Health Drinks 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. Middle East and Africa 9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Nichrome Packaging Solutions 16.2. Ipk packaging 16.3. Shivalaya Machinery Manufacturing 16.4. Viking Masek Global Packaging Technologies 16.5. Sotech Smarter Equipment 16.6. Shanghai Shouda Packaging Machinery 16.7. Yuanxu Packing 16.8. Hualian Machinery Group 16.9. Tom Packaging Machinery 16.10. Tech-Long Packaging Machineries 16.11. Unique Packaging Systems 16.12. Nantong SNT Packing Machinery 17. Assumptions & Acronyms Used 18. Research Methodology
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Powder Packing Machine Market
