The demand in the global wicketed bagging machines market is estimated to exhibit growth at a CAGR of nearly 4% to 5% during the assessment period 2022 to 2032. On account of growing advancements in technologies and the increasing introduction of novel bio-plastics, the sales of wicketed bagging machines are expected to rise at a robust pace in the forthcoming years.
| Report Attribute | Details |
|---|---|
| Wicketed Bagging Machines Market Projected Growth Rate (2022 to 2032) | 4% to 5% CAGR |
Wicketed bags are a type of packaging solution made of plastic resins that are held together on a thin wicket (or metal bar), making product dispensing easier and faster. Wicketed bagging machines are industrial equipment designed to automatically or semi-automatically open, fill and seal pre-made wicketed bags.
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Wicketed bagging machines are garnering huge popularity across various industries, on account of their robust packaging features and ability to work with bags of different sizes at different operating speeds.
Attributed to this, these industrial equipment are finding a plethora of applications across sectors such as bakery, confectionery, animal feed, agrochemicals, personal care & cosmetics, pharmaceuticals, processed food, and others. Hence, the rising expansion of these sectors and accelerating usage in packaging wheat, rice, corn, pulses, seeds, and other grains are projected to augment the demand for wicketed bagging machines in the global market.
Also, there is a rapid surge in the trend of industrialization and the adoption of process automation technologies across the globe. Hence, numerous leading food & beverage & packaging industry players are focusing on adopting automated equipment such as wicketed bagging machines for increasing productivity, declining packaging time, and faster dispensing of products. This is anticipated to create remunerative opportunities for growth in the wicketed bagging machines market.
Implementation of stringent regulations by a number of governmental and environmental protection agencies concerning the use of plastic packaging solutions is restraining the growth in the global wicketed bagging machines market.
Also, the high initiation cost and cost of maintenance of this industrial equipment are primary factors impeding the sales of wicketed bagging machines in the global market.
Principal Consultant
As per FMI, South Asia is forecast to exhibit growth at a rapid CAGR in the global wicketed bagging machines market between 2022 and 2032.
Governments in several countries in focusing on undertaking numerous initiatives for the adoption of process automation technologies for increasing overall productivity. For instance, the Ministry of Heavy Industries & Public Enterprises in India announced the introduction of Samarth Udyog Bharat 4.0 initiatives for the augmenting implementation of process automation. The increasing launch of such initiatives is estimated to bolster the sales of wicketed bagging machines in the market.
Also, rising demand for wicketed bag packaging, owing to the rapidly expanding e-commerce sector is estimated to further bolster the growth in the South Asia market.
Europe is anticipated to emerge as a highly opportunistic market for wicketed bagging machines from 2022 to 2032, states Future Market Insights.
Prominent players in the market are emphasizing on introducing novel products with innovative features to capitalize on the growing demand for packaging equipment.
For instance, NEWTEC, a Belgium-based manufacturer of high-quality weighing, packaging, and sorting machinery recently announced the launching of its new machine for packaging pre-made wicketed bags for citrus and similar fruits with a capacity to work on up to 50 bags per min. A multiplicity of such new product launches is expected to bolster the growth in the Europe market.
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Some of the leading players in the global wicketed bagging machines market are Euro Machinery ApS, WeighPack Systems Inc., Paxiom Group, Robert Bosch GmbH, M.A. Industria Macchine Automatiche SpA, NEWTEC, and others.
Leading wicketed bagging machine manufacturers in the market are focusing on launching equipment with innovative features and mergers & acquisitions to increase their share in the highly competitive market.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4% to 5% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
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| Countries Covered |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
FMI projects the sales of wicketed bagging machines in the market are expected to rise at 4% to 5% value CAGR by 2032.
The global wicketed bagging machines market is anticipated to be dominated by South Asia over the forecast period 2022 to 2032.
Euro Machinery ApS, WeighPack Systems Inc., Paxiom Group, Robert Bosch GmbH, M.A. Industria Macchine Automatiche SpA, NEWTEC, and others are some of the leading players in the global wicketed bagging machines market.
1. Executive Summary | Wicketed Bagging Machines Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and Their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyers
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2017 to 2021
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Automation Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Automation Type, 2017 to 2021
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Automation Type, 2022 to 2032
5.3.1. Automatic
5.3.2. Semi-automatic
5.4. Y-o-Y Growth Trend Analysis By Automation Type, 2017 to 2021
5.5. Absolute $ Opportunity Analysis By Automation Type, 2022 to 2032
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Machine Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Machine Type, 2017 to 2021
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Machine Type, 2022 to 2032
6.3.1. Vertical Wicketed Bagging Machines
6.3.2. Horizontal Wicketed Bagging Machines
6.4. Y-o-Y Growth Trend Analysis By Machine Type, 2017 to 2021
6.5. Absolute $ Opportunity Analysis By Machine Type, 2022 to 2032
7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Machine Speed
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Machine Speed, 2017 to 2021
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Machine Speed, 2022 to 2032
7.3.1. Upto 500 bags/hr
7.3.2. 501 – 1000 bags/hr
7.3.3. 1001-1500 bags/hr
7.3.4. 1501-2000 bags/hr
7.3.5. More than 2000 bags/hr
7.4. Y-o-Y Growth Trend Analysis By Machine Speed, 2017 to 2021
7.5. Absolute $ Opportunity Analysis By Machine Speed, 2022 to 2032
8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2017 to 2021
8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2022 to 2032
8.3.1. Food
8.3.2. Bakery & Confectionery
8.3.3. Grains
8.3.3.1. Wheat
8.3.3.2. Rice
8.3.3.3. Corn
8.3.3.4. Pulse
8.3.3.5. Other Grains
8.3.4. Animal Feed/Pet Food
8.3.5. Seeds
8.3.6. Spices & Condiments
8.3.7. Coffee Beans
8.3.8. Dairy Products
8.3.9. Meat, Poultry & Seafood
8.3.10. Pharmaceutical
8.3.11. Personal Care & Cosmetics
8.3.12. Others (Chemical, Homecare, etc.)
8.4. Y-o-Y Growth Trend Analysis By End Use, 2017 to 2021
8.5. Absolute $ Opportunity Analysis By End Use, 2022 to 2032
9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2017 to 2021
9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2022 to 2032
9.3.1. North America
9.3.2. Latin America
9.3.3. Europe
9.3.4. Asia Pacific
9.3.5. Middle East and Africa
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. USA
10.2.1.2. Canada
10.2.2. By Automation Type
10.2.3. By Machine Type
10.2.4. By Machine Speed
10.2.5. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Automation Type
10.3.3. By Machine Type
10.3.4. By Machine Speed
10.3.5. By End Use
10.4. Key Takeaways
11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Argentina
11.2.1.4. Chile
11.2.1.5. Peru
11.2.1.6. Rest of Latin America
11.2.2. By Automation Type
11.2.3. By Machine Type
11.2.4. By Machine Speed
11.2.5. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Automation Type
11.3.3. By Machine Type
11.3.4. By Machine Speed
11.3.5. By End Use
11.4. Key Takeaways
12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. Italy
12.2.1.3. France
12.2.1.4. United Kingdom
12.2.1.5. Spain
12.2.1.6. Russia
12.2.1.7. BENELUX
12.2.1.8. Rest of Europe
12.2.2. By Automation Type
12.2.3. By Machine Type
12.2.4. By Machine Speed
12.2.5. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Automation Type
12.3.3. By Machine Type
12.3.4. By Machine Speed
12.3.5. By End Use
12.4. Key Takeaways
13. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.1.4. Rest of Asia Pacific
13.2.2. By Automation Type
13.2.3. By Machine Type
13.2.4. By Machine Speed
13.2.5. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Automation Type
13.3.3. By Machine Type
13.3.4. By Machine Speed
13.3.5. By End Use
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Turkey
14.2.1.4. Rest of Middle East and Africa
14.2.2. By Automation Type
14.2.3. By Machine Type
14.2.4. By Machine Speed
14.2.5. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Automation Type
14.3.3. By Machine Type
14.3.4. By Machine Speed
14.3.5. By End Use
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2021
15.1.2.1. By Automation Type
15.1.2.2. By Machine Type
15.1.2.3. By Machine Speed
15.1.2.4. By End Use
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2021
15.2.2.1. By Automation Type
15.2.2.2. By Machine Type
15.2.2.3. By Machine Speed
15.2.2.4. By End Use
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2021
15.3.2.1. By Automation Type
15.3.2.2. By Machine Type
15.3.2.3. By Machine Speed
15.3.2.4. By End Use
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2021
15.4.2.1. By Automation Type
15.4.2.2. By Machine Type
15.4.2.3. By Machine Speed
15.4.2.4. By End Use
15.5. Argentina
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2021
15.5.2.1. By Automation Type
15.5.2.2. By Machine Type
15.5.2.3. By Machine Speed
15.5.2.4. By End Use
15.6. Chile
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2021
15.6.2.1. By Automation Type
15.6.2.2. By Machine Type
15.6.2.3. By Machine Speed
15.6.2.4. By End Use
15.7. Peru
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2021
15.7.2.1. By Automation Type
15.7.2.2. By Machine Type
15.7.2.3. By Machine Speed
15.7.2.4. By End Use
15.8. Germany
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2021
15.8.2.1. By Automation Type
15.8.2.2. By Machine Type
15.8.2.3. By Machine Speed
15.8.2.4. By End Use
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2021
15.9.2.1. By Automation Type
15.9.2.2. By Machine Type
15.9.2.3. By Machine Speed
15.9.2.4. By End Use
15.10. France
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2021
15.10.2.1. By Automation Type
15.10.2.2. By Machine Type
15.10.2.3. By Machine Speed
15.10.2.4. By End Use
15.11. United Kingdom
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2021
15.11.2.1. By Automation Type
15.11.2.2. By Machine Type
15.11.2.3. By Machine Speed
15.11.2.4. By End Use
15.12. Spain
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2021
15.12.2.1. By Automation Type
15.12.2.2. By Machine Type
15.12.2.3. By Machine Speed
15.12.2.4. By End Use
15.13. Russia
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2021
15.13.2.1. By Automation Type
15.13.2.2. By Machine Type
15.13.2.3. By Machine Speed
15.13.2.4. By End Use
15.14. BENELUX
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2021
15.14.2.1. By Automation Type
15.14.2.2. By Machine Type
15.14.2.3. By Machine Speed
15.14.2.4. By End Use
15.15. China
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2021
15.15.2.1. By Automation Type
15.15.2.2. By Machine Type
15.15.2.3. By Machine Speed
15.15.2.4. By End Use
15.16. Japan
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2021
15.16.2.1. By Automation Type
15.16.2.2. By Machine Type
15.16.2.3. By Machine Speed
15.16.2.4. By End Use
15.17. South Korea
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2021
15.17.2.1. By Automation Type
15.17.2.2. By Machine Type
15.17.2.3. By Machine Speed
15.17.2.4. By End Use
15.18. GCC Countries
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2021
15.18.2.1. By Automation Type
15.18.2.2. By Machine Type
15.18.2.3. By Machine Speed
15.18.2.4. By End Use
15.19. South Africa
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2021
15.19.2.1. By Automation Type
15.19.2.2. By Machine Type
15.19.2.3. By Machine Speed
15.19.2.4. By End Use
15.20. Turkey
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2021
15.20.2.1. By Automation Type
15.20.2.2. By Machine Type
15.20.2.3. By Machine Speed
15.20.2.4. By End Use
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Automation Type
16.3.3. By Machine Type
16.3.4. By Machine Speed
16.3.5. By End Use
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Euro Machinery ApS
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. WeighPack Systems Inc.
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Paxiom Group
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Robert Bosch GmbH
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. M.A. Industria Macchine Automatiche
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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Wicketed Bagging Machines Market
