August 23, 2023 21:30 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.
Valley Cottage, New York, UNITED STATES Automatic Plastic Bag Packing Machine
NEWARK, DEL, Aug. 23, 2023 (GLOBE NEWSWIRE) -- The global Case Packing Machines Market is anticipated to be worth US$ 652.0 million in 2023 and US$ 879.0 million by 2033. Over the projected period of 2023 to 2033, revenue is expected to increase at a CAGR of 3.0%.
At the end of 2022, the market for case packing machines was worth US$ 635.1 million. It is projected to rise by 2.7% year over year in 2023. By end use, snacks held more than 23% of the global market share in terms of value by the end of 2022.
The convenience of packaged foods allows people to prepare meals quickly and easily. With busy schedules and an increasing number of people working, packaged foods provide quick and convenient food options.
Due to substantial advancements in packaging technology, food producers are now able to increase the shelf life of their products. This allows customers to store up on packaged, non-perishable items, which eliminates the need for regular supermarket shopping.
As more consumers are adopting innovative shelf-ready food packets, food producers are witnessing a rising demand for food items. They are hence moving toward automatic packaging options such as case packers to increase the production capacity and reduce costs. The use of automatic end-of-line case packers might further enhance the safety and hygiene of food items, thereby making it more demandable.
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Packaging solutions can utilize recyclable containers produced from materials such as corrugated cardboard, paperboard, or biodegradable polymers. These can easily replace conventional single-use packaging materials such as plastic or non-recyclable cardboard.
Compared to non-recyclable alternatives, these materials are recyclable, renewable, and have a lesser environmental effect. Real-time monitoring and packaging process optimization are made possible by integrating case packing equipment with intelligent automation and industry 4.0 technology.
It might make processes more efficient, assist find areas for improvement, and use resources less. Hence, demand for case packer equipment is increasing since current case packing machines are designed to be energy-efficient. They also use less electricity and minimizes the total carbon footprint of the packaging process.
Key Takeaways from this Market:
“The packaging sector is rapidly adapting to new cutting-edge technologies and introducing smart packaging to ultimately enhance production capacity of end users. Production of customized machines to suit business footprints are also an option. This can help to save a lot of cost in one time investment. As these machines are highly efficient and lasts up to more than 40 years in several cases, their demand might expand,” – says a lead analyst at Future Market Insights (FMI).
Manufacturers of case packing machines are spending money on research & development to create more sophisticated models with better capabilities. In order to improve productivity, accuracy, and adaptability, this entails integrating automation, robotics, and AI. Real-time monitoring, proactive maintenance, and intelligent features are more commonplace.
Case packing machines are being developed by several manufacturers to support environmentally friendly packaging methods in response to growing environmental concerns. This could entail using energy-efficient technologies, utilizing eco-friendly materials, and improving package designs to cut waste. These could further help reduce the machine's environmental impact.
Case Packing Machines Market Research:
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Get More Valuable Insights into Case Packing Machines Market Report
Future Market Insights (FMI), in its new report, offers an unbiased analysis of the global case packing machines industry, analyzing historical demand from 2018 to 2022 and forecast statistics from 2023 to 2033. The study reveals growth projections on the global case packing machines market by machine type (top load, side load, and wrap around), automation (semi-automatic, and automatic), capacity (less than 10 CPM, 10 to 25 CPM, 25 to 50 CPM, 50 to 100 CPM), end use (snacks, frozen food, confectionary, chocolates and bars, cereals, bakery, powder, coffee and tea, pet food, dairy products and other food), and regions.
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Case Erectors Market Trends: The case erectors market is expected to reach US$ 1.7 billion in 2023. The case erectors industry is anticipated to record a 4.6% CAGR and generate US$ 2.6 billion between 2023 and 2033.
Case Coders Market Demand: The global case coders market is projected to have a moderate-paced CAGR of 4.6%, current valuation of the market is US$ 1.67 billion in 2022. The market value of the case coders market is anticipated to reach a high of US$ 2.62 billion by the year 2032.
Case and Box Handling Robots Market Growth: The case and box handling robots market is expected to experience high demand due to the increased production, warehousing, and transportation of goods.
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments based on Source, Application, Sales Channel and End Use over the next 10 years.
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