Sunday, 4 December 2016

Global Food and Beverage Packaging Machinery Market, Size, Share, Analysis, Industry Growth and Forecast Research Report 2016-2020 Market Reports Center


Technavio Announces the Publication of its Research Report Global Food and Beverage Packaging Machinery Market 2016-2020

Technavio recognizes the following companies as the key players in the global food and beverage packaging machinery market: Bosch Packaging Technology, GEA, Tetra Laval, and MULTIVAC.

Other prominent vendors in the market are: ARPAC, Bajaj ProcessPack, Combi Packaging Systems, Nichrome Packaging Solutions, Orbital Food Machinery, SAMA Engineering, Selo, Triangle Package Machinery, VELTEKO, and WeighPack Systems.

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is growing use of robotic packaging machinery. Fully automated robotic packaging machinery provides flexibility with respect to throughput in volume and consistency. Robotic machines are equipped with advanced monitoring and control capabilities to maintain packaging lines and reduce energy consumption. Technologically advanced robotic machinery uses real-time data collected from different machines and the entire packaging line to optimize output. In such machinery, malfunctions or operational issues with a single machine are detected and rectified so that the performance of the overall machinery is not affected.”


According to the report, one of the primary drivers in the market is upgrading of modular packaging machines. Manufacturers of plastic packaging machinery are prompted to introduce high-quality products to survive in an intensely competitive environment. Machinery with features such as enhanced automation, integrated systems, and shorter turnaround times are being introduced in the market to meet the production capacity due to the growing demand. The demand for multi-functional systems is growing, as they are equipped with enhanced features such as increased efficiency, high speed, and high capacity.

Further, the report states that one major challenge in the market is increased concerns over hygiene and safety of machinery parts. Packaging extends the shelf life and preserves the quality of products. Equipment used for food and beverage packaging should have features such as easy cleaning and sanitary processing. Food regularly comes in contact with various surfaces throughout the packaging line. Manufacturers prefer packaging equipment that is designed to maintain strict hygiene standards. Therefore, packaging machinery should be devoid of holes and slots where food can get stuck, which can become a source of contamination. It is important for equipment to have an auto-drain option, as residual liquids can lead to microbial growth and leftover cleaning fluids can contaminate products.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. 

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About Food and Beverage Packaging Machinery

Packaging machinery is used to package products before they are dispatched to distribution networks and for storage. Packaging machinery are used in the primary and secondary packaging of food, beverage, and pharmaceutical and personal care products. Primary packaging is an important part of the marketing mix as it has a strong impact on the buying decision. In addition, packaging machinery is widely used for filling, labeling, coding, and wrapping products.

Technavio’s analysts forecast the global food and beverage packaging machinery market to grow at a CAGR of 5.61% during the period 2016-2020.

Covered in this report 
The report covers the present scenario and the growth prospects of the global food and beverage packaging machinery market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top vendors in the market.

The market is divided into the following segments based on geography: 
• Americas
• APAC
• EMEA

Technavio's report, Global Food and Beverage Packaging Machinery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
• Bosch Packaging Technology
• GEA
• Tetra Laval
• MULTIVAC

Other prominent vendors 
• ARPAC
• Bajaj ProcessPack Limited
• Combi Packaging Systems
• Nichrome Packaging Solutions
• Orbital Food Machinery
• SAMA Engineering
• Selo
• Triangle Package Machinery
• VELTEKO
• WeighPack Systems

Market driver 
•Increasing demand for single-serve, multipacks, and sustainable packaging.
• For a full, detailed list, view our report 

Market challenge 
• Increased concerns over hygiene and safety of machinery parts.
• For a full, detailed list, view our report 

Market trend 
• Rise in demand for light-weight packaging.
• For a full, detailed list, view our report 

Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 


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