Food packaging is the packaging of food, and a package provides protection, tampering resistance, special physical and chemical needs. The global food packaging technology and equipment market will be growing at a CAGR of 6.92% to reach $66.09 Billion by 2025 from $44.24 Billion in 2017 during 2019-2025. Factors such as rise in preference of online shopping of grocery and increase in preferences of consumer for packaged protein rich meat, poultry, and seafood are leading the market growth. However, stringent environmental regulations for food safety and increased occurrences of counterfeit packaging are major restraints hampering the growth of the market. Emerging economies and emergence of packaging as a tool for product differentiation are offering major opportunities to the food packaging technology and equipment of the market during forecast period 2019-2025.
Research Study Objectives:
- Define, estimate, and forecast the Food Packaging Technology and Equipment market statistics by type, material, application and regions concerning the individual growth drivers, market trends and their contribution toward the Food Packaging Technology and Equipment market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Food Packaging Technology and Equipment Market Analysis
- Analysis and conclusions on the future Food Packaging Technology and Equipment market outlook.
Top-down and bottom-up approaches are used to validate the Food Packaging Technology and Equipment Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and
associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Food Packaging Technology and Equipment Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Food Packaging Technology and Equipment market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Food Packaging Technology and Equipment market segmentation is as follows:
By Type
- Technology
- Controlled Packaging
- Active Packaging
- Aseptic Packaging
- Intelligent Packaging
- Biodegradable Packaging
- Other Types
- Equipment
- Form-Fill-Seal
- Filling & Dosing
- Cartoning
- Case Packing
- Wrapping & Bundling
- Labeling & Coding
- Inspecting, Detecting, and Check Weighing Machines
- Other Equipment
By Material
- Metal
- Glass & Wood
- Paper & Paperboard
- Plastics
- Other Materials
By Application
- Convenience Foods
- Poultry, Seafood, and Meat Products
- Bakery Products
- Confectionery Products
- Dairy & Dairy Products
- Fruits & Vegetables
- Others
Geographical Analysis:
Food Packaging Technology and Equipment Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand,
Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Food Packaging Technology and Equipment Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Food Packaging Technology and Equipment Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Food Packaging Technology and Equipment market players, such as
- Nichrome India LTD
- Adelphi Packaging
- Kaufman Engineered Systems
- Lindquist Machine Corporation
- OYSTAR Holdings GMBH
- Along with these companies, many other companies are considered in the report while analysing the Global Food Packaging Technology and Equipment competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
