Packaging Machinery Market To Reach $80.96 Billion By 2030

Packaging Machinery Market Growth & Trends

The global packaging machinery market size is expected to reach USD 80.96 billion by 2030, registering to grow at a CAGR of 5.5% from 2025 to 2030 according to a new report by Grand View Research, Inc. A significant increase in the demand for convenience food products is driving industry growth. Convenience food includes all types of packaged food products. The demand for packaged food is mainly contributed by the millennial and gen-z customers who are more inclined towards ease and convenience. The industry growth is also attributed to the rising need for differentiation in retail shops since customers are demanding greater product diversity and a wider range of products.

Packaging differentiation calls for the attention of the customer by using unique sizes, shapes, and materials. This subsequently leads to an increasing inclination of manufacturers toward unique packaging styles and drives product growth. Packaging equipment is used in the pharmaceutical industry for packaging medicines and drugs in a safe environment. The pharma industry has witnessed significant growth over the last decade owing to the increased demand for pharmaceutical drugs in BRICS and MIST countries. The development of new generic drugs and medicines has also fueled the pharma industry's growth. The growing e-commerce industry across the world, rising internet penetration & number of e-commerce players, changing lifestyles, and developments in logistics are facilitating the growth of e-commerce shopping.

Packaging equipment is required throughout the e-commerce supply chain stages. Therefore, a rise in the e-commerce industry is expected to propel the packaging equipment industry growth over the forecast period. The market experienced a setback during the COVID-19 pandemic. As a result of supply chain disruption and lack of workforce availability, product demand was impacted. A high number of COVID-19 cases across the globe affected consumer shopping at retail shops and convenience stores. Key companies are actively focusing on strategies, such as technological developments, joint ventures, mergers, and acquisitions, to strive in the competitive industry. In Feb 2022, SIG Combibloc Group Ltd. acquired packaging company, Scholle IPN. It enables SIG to offer sustainable low-carbon packaging solutions across various product types and sizes.

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Packaging Machinery Market Report Highlights

• The filling machine type segment led the market and accounted for a share of 19.8% in 2024. Filling machines are classified into semi-automatic and automatic filling machines. While semiautomatic filling machines require minimal human intervention, automatic filling machines cover the processes of filling, packing, and cardboard casing by integrating other packaging machines.

• The food application segment led the market and accounted for a share of 36.1% in 2024. Food end-use industry is the largest consumer group in the packaging machinery market. Increasing demand for ready-to-eat, convenience food items is anticipated to favor the growth of the market.

• The packaging machinery market in Asia Pacific accounted for a market share of 38.3% in 2024. Rapid population growth and rising consumer purchasing power are likely to fuel the demand for packaged goods, which is anticipated to facilitate regional market growth.

Packaging Machinery Market Segmentation

Grand View Research has segmented the global packaging machinery market based on machine type, application, and region:

Packaging Machinery Machine Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Filling

• Labelling

• Form Fill & Seal

• Cartoning

• Wrapping

• Palletizing

• Bottling Line

• Others

Packaging Machinery Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Beverages

• Food

• Chemicals

• Personal Care

• Pharmaceuticals

• Others

Packaging Machinery Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • Russia

  • UK

  • Spain

  • Italy

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • South Korea

• Central & South America

  • Brazil

• Middle East & Africa

  • Saudi Arabia

  • UAE

List of Key Players in Packaging Machinery Market

• Langley Holding plc

• Maillis Group

• Rovema GmbH

• Douglas Machine Inc.

• KHS Group

• SIG

• Tetra Laval International S.A.

• Krones AG

• I.M.A. Industria Macchine Automatiche S.p.A.

• Syntegon Technology GmbH

• ProMach

• GEA Group Aktiengesellschaf

• Sacmi

• Coesia S.p.A.

• Duravant