Get a free sample of Food & Beverages Packaging Machine Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Food & Beverages Packaging Machine Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Food & Beverages Packaging Machine Market Size
The global food & beverages packaging machine market was valued at USD 14.8 billion in 2023 and is estimated to grow at a CAGR of over 3.4% from 2024 to 2032.
As consumers place a growing emphasis on eco-friendly solutions, companies are being compelled to invest in packaging materials that lessen their environmental footprint. This shift has spurred a heightened demand for machines adept at processing recyclable and biodegradable materials, underscoring a broader global push towards sustainability. In turn, packaging machine manufacturers are crafting machines tailored for these materials, a trend poised to fuel ongoing innovation in the market.
Who are the major players in the food & beverages packaging machine industry?
Major players in the industry include Bosch Packaging Technology, Coesia S.p.A., FLSmidth A/S, GEA Group AG, IMA Group S.p.A., Krones AG, Marel hf., Mitsubishi Heavy Industries, Ltd., and Multivac Sepp Haggenmüller SE & Co. KG.
How much is the U.S. food & beverages packaging machine market worth?
The U.S. market generated around USD 3.1 billion in 2023 and is forecasted to grow at a CAGR of approximately 3.5% from 2024 to 2032, driven by the rising demand for packaged food and beverages.
What is the market share of filling machines in the food & beverages packaging machine industry?
Filling machines accounted for approximately USD 4.9 billion in revenue in 2023 and are expected to grow at a CAGR of around 3.7% from 2024 to 2032, driven by the need for speed and efficiency in high-volume production.
How big is the global food & beverages packaging machine market?
The global market size for food & beverages packaging machine was valued at USD 14.8 billion in 2023 and is projected to reach USD 19.8 billion by 2032, driven by a CAGR of over 3.4% from 2024 to 2032.