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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
How is the global packaging and labeling machine market projected to grow from 2024 to 2032?
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.
What was the value of the OLED segment in the packaging and labeling machine market?
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.
Which segment accounted for a 41% market share in 2023, and what drives its growth?
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.
How big is the North American packaging and labeling machine market?
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.
Who are the major players in the packaging and labeling machine market?
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.