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Packaging and Labelling Machine Market Share

Report ID: GMI11661
Published Date: Oct 2024
Report Format: PDF

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Packaging and Labelling Machine Market Share

Packaging and labelling machine industry seems to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such ABB, Accurek, Barry-Wehmiller, Bosch, Epson, KHS, Krones, Label view collectively held around 10%-20% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Packaging and Labelling Machine Market Companies

Major players operating in the packaging and labelling machine industry are:

ABB
Accurek
Barry-Wehmiller
Bosch
Epson
KHS
Krones
Labelview
Marel
Markem-Imaje
Sacmi Imola
Salzgitter
Sidel
Videojet
Wipotec-OCS

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

In 2023, the global packaging and labeling machine market was valued at USD 10.9 billion and is estimated witness more than 5.5% CAGR from 2024 to 2032, driven largely by the surging demand for efficient packaging solutions, a direct consequence of the booming e-commerce sector.

The OLED segment was valued at over USD 6.6 billion in 2023 and is set to cross USD 10.7 billion by 2032, propelled by the rising appetite for packaged food and beverages.

The manufacturing sector dominated about 41% of the market share in 2023. This demand is fueled by the sector's relentless pursuit of enhanced operational efficiency through advanced packaging and labeling machines.

North America's packaging and labeling machine market was valued at over USD 2.9 billion in 2023, is on track to reach USD 4.7 billion by 2032, due to the e-commerce surge and its consequent demand for packaging and labeling solutions.

Major players in packaging and labeling machine industry include ABB, Accurek , Barry-Wehmiller, Bosch, Epson, KHS, Krones, Labelview, Marel, Markem-Imaje, Sacmi Imola, Salzgitter, Sidel, Videojet, Wipotec-OCS.