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Snack Packaging Machine Market Share

Report ID: GMI12599
Published Date: Dec 2024
Report Format: PDF

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Snack Packaging Machine Market Share

Snack Packaging Machine Market Company Share Analysis, (2023)

The snack packaging machine industry is fragmented, with several regional companies operating on a global scale. Together these companies hold a market share of 15%-20% of the total market. This fragmentation results from the widespread need for precision measurement tools across industries, fostering the growth of both established multinational corporations and smaller regional players. Many regional companies operate effectively on a global scale by offering specialized or cost-competitive products that appeal to specific market segments.

Snack Packaging Machine Market Companies

Major players operating in the snack packaging machine industry are:

Aetna Group
CHLB Pack
Coesia Group
Fuji Machinery
GEA Group
IMA Group
Ishida
Krones
Marchesini Group
MULTIVAC Group
Nichrome Packaging Solutions
PAC Machinery Group
Sidel
Syntegon Technology
Tetra Pak

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market size for snack packaging machine was valued at USD 18.5 billion in 2023 and is projected to reach USD 27.7 billion by 2032, driven by a CAGR of 4.6% from 2024 to 2032.

The flexible packaging segment held a revenue of USD 10.5 billion in 2023 and is anticipated to grow at a CAGR of 4.7% during the forecast period, driven by its cost-effectiveness and consumer convenience.

The U.S. dominated the North America market with a 75.4% share in 2023 and is expected to grow at a CAGR of 4.4% during the forecast period, driven by its robust food processing industry and high consumer demand for packaged snacks.

Major players in the industry include Aetna Group, CHLB Pack, Coesia Group, Fuji Machinery, GEA Group, IMA Group, Ishida, Krones, Marchesini Group, MULTIVAC Group, Nichrome Packaging Solutions, PAC Machinery Group, Sidel, Syntegon Technology, and Tetra Pak.