2018 Global Trends Impacting The Market for Packaging Machinery - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 21, 2018--The “2018 Global Trends Impacting The Market for Packaging Machinery” report has been added to ResearchAndMarkets.com’s offering.
The Global Trends Impacting the Market for Packaging Machinery report provides you with the major factors and trends impacting growth and regional variances of the global packaging machinery market.
The largest industry sector in the World Market for Packaging Machinery in 2016 is estimated to have been food (with 40% of the total market), followed by beverages (30%). The pharmaceuticals sector is forecast to grow the fastest to 2021, at a CAGR of 4.1%. This is followed by the beverages sector, which is forecast to grow at a CAGR of 2.8%.
The two largest markets in 2016 are estimated to have been filling and dosing machinery and labelling, decorating and coding machinery, which accounted for 20.7% ($7.6 billion) and 12.6% ($4.6 billion) of the total market, respectively.
The World Market for Packaging Machinery by Industry Sector
The pharmaceutical industry is highly concentrated and consolidated, with relatively few very big, multinational corporations dominating production. These companies are usually focused principally on pharmaceuticals, with little diversification.
Personal Care, Toiletries and Cosmetics
This sector is well established and mature, particularly in Europe and North America, so it tends not to change rapidly or dramatically. The importance of packaging tends to act as a differentiator, distinguishing one product from another in a saturated market place. For manufacturers in more developed regions, where the market is congested and opportunity for growth limited, the greatest future opportunities will come from exports to faster growing developing regions.
Household, Industrial and Agricultural Chemicals Industry Sector
The household chemicals market is quite distinct from the performance of industrial chemicals. In terms of product development, it is quite slow moving and is mainly dependent on the general economic performance of a region.
Traditionally, North America, Western Europe, and Japan have been major regions for this sector; however, production has shifted from these regions to other parts of Asia, and China has been the largest producer in recent years.
Key Topics Covered:
1. Executive Summary
2. The World Market for Packaging Machinery
3. The World Market for Packaging Machinery by Machine Group
4. The World Market for Packaging Machinery by Region
5. Macro Trends
6. The Disconnect Between CapEx and OpEx
8. Flexible Packaging & Customer Pressure
9. Consumer-Driven Product Differentiation
10. Workforce Considerations & Legislation
11. The World Market for Packaging Machinery by Industry Sector
12. Segmentation of the Packaging Machinery Market
For more information about this report visit https://www.researchandmarkets.com/research/f272rd/2018_global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180821005506/en/
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Related Topics:Packaging,Industrial Machinery
INDUSTRY KEYWORD: MANUFACTURING PACKAGING
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/21/2018 11:49 AM/DISC: 08/21/2018 11:49 AM