is9792 (8)

1
Bagging Equipment Market to Incur Rapid Extension
at 4.1 CAGR during (2018-2028)

• Feb 2020

Report Id REP-GB-9239 Published On
January-2020 Category Packaging
2
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Research Methodology (1/2)

• Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
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includes sources of databases
4
Bagging Equipment Market Analysis

• Bagging Equipment Market to Incur Rapid Extension
  at 4.1 CAGR during (2018-2028)
• Bagging equipment sales in 2018 closed in on US
  28 billion, as indicated by a recent intelligence
  outlook presented by Future Market Insights
  (FMI). The global market revenue for bagging
  equipment will observe a moderate just-over 4
  CAGR during 2018-2028, projects the report.
• Food Industry Registers Substantial Demand for
  Diverse Bagging Solutions
• Food beverage industry, one of the most
  prominent areas driving economies in several
  regions, will remain the predominant contributor
  to the bagging equipment market growth. Growth in
  the consumption of processed and packaged foods
  over the recent past has been cited among the key
  drivers of bagging equipment market.
• The soaring demand for on-the-go food products
  from developed as well as emerging economies is
  expected to witness substantial growth, which in
  turn is expected to translate into high demand
  for efficient packaging solutions such as bagging
  equipment.

5
Bagging Equipment Market Analysis

• Bagging Equipment Market FMIs Key Findings
• Standalone bagging equipment is projected to
  create a high incremental opportunity during the
  forecast period. This can be attributed to the
  significant price difference between standalone
  bagging equipment and integrated bagging line.
• Standalone bagging equipment, being more
  economical, will witness growing preference from
  small-scale manufacturers, particularly in
  emerging economies.
• Automatic bagging equipment extends a prominent
  share to the global bagging equipment market, as
  automation is increasingly being adopted in the
  packaging industry.
• Capacity-wise analysis of bagging equipment
  market reveals that those within the range of
  10012000 bags/hour will be a prominent segment
  through 2028.
• Vertical baggers are the more preferred variant
  in the bagging equipment industry, which can be
  attributed to the fact that multiple bagging
  styles can be processed by these bagging
  equipment.

6
Bagging Equipment Market Analysis

• Asia-Pacific to Offer Substantial Growth
  Opportunities to Bagging Equipment Market
• The Asia Pacific bagging equipment market is
  expected to be driven by the strong export
  orientation and manufacturing capabilities of
  China and India. Increasing consumption at a
  consumer level is anticipated to escalate the
  demand for food service disposables in the
  region, which is expected to ultimately drive
  high demand for bagging equipment in export-led
  economies.
• Moreover, growth of the manufacturing sector is
  expected to further propel the demand for bagging
  equipment in the region. One of the key reasons
  for growth in manufacturing activities is
  government support towards localizing
  manufacturing through various incentives and
  regulations.
• Bagging Equipment Market Competition Landscape
• Major participants in the global bagging
  equipment market include Robert Bosch GMBH,
  All-Fill Incorporated, Tokyo Automatic Machinery
  Works Ltd, I.M.A. Industria Macchine Automatiche
  SpA, PAYPER, S.A., Bossar Packaging S.A.,
  CONCETTI S.P.A., Omori Machinery Co. Ltd, Fres-co
  System USA, Inc., WOLF Verpackungsmaschinen GmbH,
  Fuji Machinery Co. Ltd, Webster Griffin Ltd., BW
  Companies Inc., Buhler Holding AG, Imanpack
  Packaging and Eco Solutions S.p.A, STATEC BINDER
  GmbH, HASSIA-REDATRON GmbH, Premier Tech Chronos,
  MONDIAL PACK S.r.l and Pakona Engineers Pvt Ltd. 
  A number of small-scale unorganized players are
  operating in the Asia Pacific region, and this
  number is expected to increase during the next
  decade.

7
Bagging Equipment Market Analysis

• Bagging Equipment Market to Incur Rapid Extension
  at 4.1 CAGR during (2018-2028)
• Bagging equipment sales in 2018 closed in on US
  28 billion, as indicated by a recent intelligence
  outlook presented by Future Market Insights
  (FMI). The global market revenue for bagging
  equipment will observe a moderate just-over 4
  CAGR during 2018-2028, projects the report.
• Food Industry Registers Substantial Demand for
  Diverse Bagging Solutions
• Food beverage industry, one of the most
  prominent areas driving economies in several
  regions, will remain the predominant contributor
  to the bagging equipment market growth. Growth in
  the consumption of processed and packaged foods
  over the recent past has been cited among the key
  drivers of bagging equipment market.
• The soaring demand for on-the-go food products
  from developed as well as emerging economies is
  expected to witness substantial growth, which in
  turn is expected to translate into high demand
  for efficient packaging solutions such as bagging
  equipment.

8
Bagging Equipment Market Analysis

• Source https//www.globenewswire.com/news-release
  /2019/03/26/1767487/0/en/Bagging-Equipment-Market-
  to-Incur-Rapid-Extension-at-4-1-CAGR-during-2018-2
  028-Future-Market-Insights.html
• More from FMIs Packaging Market
  Intelligence    
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• Polypropylene Packaging Films Market
• About Us
• Future Market Insights (FMI) is a leading market
  intelligence and consulting firm. We deliver
  syndicated research reports, custom research
  reports and consulting services which are
  personalized in nature. FMI delivers a complete
  packaged solution, which combines current market
  intelligence, statistical anecdotes, technology
  inputs, valuable growth insights and an aerial
  view of the competitive framework and future
  market trends.

9
Bagging Equipment Market Analysis

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