Packaging is the art and technology of covering and protecting various products for distribution, storage, and usage. In addition to that, packaging refers to the process of designing, evaluating, and producing packages. The important factor for the packaging is that it protects the product from harm, leakage, dust, pollution, contamination etc. Throughout this whole packaging process, diverse machinery is an essential part of the industry. The term packaging machinery refers to a wide-ranging mixture of machines, including many industries. There are thousands of packaging machines, from larger scale to smaller. These packaging machines have the ability to fill liquids, wrap products, weigh products, and protect them while transporting and storing them. North America is considered the world’s largest consumer of packaging. Also, the region is characterized by packaging giants such as International Paper, Tetrapak, Reynolds Group, Ball Corporation, and Ownes-Illinois. Growing demand for highly automated and integrated machines, coupled with favorable packaging and labeling regulations, is anticipated to propel the market’s growth. Rising demand for cosmetics, increased sales of entertainment equipment, increased consumption of single-use packaging, an increase in good exports, and rapid urbanization would also drive market growth across the region. The Association for packaging and processing technologies (PMMI) present in the North America region represents more than 950 North American manufacturers and suppliers for packaging equipments and components.
According to the research report, “North America Packaging Machinery Market Outlook, 2027,” published by Bonafide Research, the packaging machinery market is anticipated to grow at a 4.12% CAGR for 2022–2027. The packaging machinery market in North America is highly competitive and consists of numerous established key players who focus on expanding their geographical reach across the region. These key players are consistently innovating with their products and launching them to meet the demand, which is likely to support the growth of the North American market. Further, the North American packaging machinery market is segmented into three prominent countries, including the United States of America, Canada, and Mexico. Among these countries, the USA is estimated to acquire more than half of the market share during the forecast period.
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According to the report, North America’s packaging machinery market is segmented into seven diverse machine types, including filling machines, labeling machines, form-fill-seal machines, cartooning machines, palletizing machines, wrapping machines, and bottling line machines. Among these machine types, the form-fill-seal machine segment is projected to acquire more than 40% of the market share in the North American market. Owing to the wide range and volume of products that can be packed with this technology, the form-fill-seal machine type is projected to acquire significant market growth by the upcoming time frame. On the other hand, the bottling line machine type segment is estimated to be the fastest growing segment in the North American packaging equipment market. Further, as demand for packaging machinery grows, so do the requirements of end-users, including food and beverage manufacturers. These two end-users occupy more than half of the market share in the North American market. Due to increasing demand for packed food with sustainable packaging across the region, this segment is forecasted to witness increasing growth during the forecast period.
COVID-19 Impact: The global outbreak of COVID-19 significantly impacted the North American packaging machinery market as the business saw a decrease in orders due primarily to decreases in the transportation systems and reconsideration of the capital expenditure plans by the organizations that were in stagnation caused by the COVID-19 impact. Due to the strict government regulations for lockdown and social distancing norms, many production plants were at a halt. Also, industries witnessed a fall in the labor force, which caused the major drop in the market size. However, demand has again regained momentum across the region due to a change in consumer behavior and higher adoption of enhanced technology. Based on these factors, the overall market growth is anticipated to reach higher value terms during the forecast period.
Major Companies present in the market: KHS Group, Tetra Laval International S.A., Krones AG, Coesia S.P.A., Syntegon Technology GmbH, Herma GmbH, GEA Group Aktiengesellschaft, SIG Combibloc Group Limited, CKD Corporation, Fuji Machinery Co., Limited, The Adelphi Group of Companies, ProMach, Inc., Marchesini Group S.p.A., Viking Masek Global Packaging Technologies, Sacmi Group, Bradman Lake Limited, Omori Machinery Co. Limited, I.M.A. IndustriaMacchineAutomatiche S.P.A, Premier Tech Chronos Limited
Considered in this report • Geography: North America • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027
Aspects covered in this report • North America packaging machinery market with its value and forecast along with its segments • Country-wise packaging machinery market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation
Countries covered in the report • USA • Canada • Mexico
Types of machine in the report: • Filling Machine • Labeling Machine • Form-Fill-Seal Machine • Cartoning Machine • Palletizing Machine • Wrapping Machine • Bottling Line Machine • Others
By End-Use in the report: • Beverages • Food • Chemicals • Personal Care • Pharmaceuticals • Others
The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to packaging machinery industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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