By 2030, the global packaging machinery market is anticipated to reach a valuation of $62.43 billion, growing at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. In terms of unit sales, the market is projected to grow to 13,603 thousand units during the same period, driven by a CAGR of 6.2%.

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This growth is largely attributed to industries like pharmaceuticals, food & beverage, and consumer electronics, which are heavy users of packaging machinery. The rising demand for these sectors has spurred an increase in manufacturing activities, thereby driving the need for advanced packaging systems. Investment in these industries is also on the rise, fueling the adoption of cutting-edge technologies and packaging solutions. For example, between April and September 2022, foreign direct investment (FDI) in the food processing industry surged to USD 410.6 million, an 86% increase compared to the previous year. The pharmaceutical market in India, as outlined by the EY FICCI report, is expected to reach USD 130 billion by 2030, buoyed by the development of innovative drugs and therapies. Globally, the pharmaceutical market is forecasted to surpass USD 1 trillion by 2023. These factors are expected to further boost the demand for packaging machinery, particularly in regions like Spain, Germany, Italy, and Switzerland, where manufacturing activities in the food and pharmaceutical sectors are expanding.

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Addressing Foodborne Diseases: A New Driver for Packaging Machinery Demand
The rise in foodborne illnesses worldwide is increasingly being attributed to insufficient food packaging processes that allow for contamination, often due to human contact. This issue has become particularly pronounced in countries like the U.S., India, and China, where the incidence of foodborne diseases is rising. Globally, approximately 600 million cases of foodborne illnesses occur annually, resulting in 420,000 deaths. In the U.S., the Centers for Disease Control and Prevention (CDC) reports that foodborne diseases cause 76 million cases, 350,000 hospitalizations, and 5,000 deaths each year, with 30% of those deaths occurring in children under five. The WHO African Region is particularly hard-hit, with 91 million people affected by foodborne diseases each year, leading to 137,000 deaths, with diarrheal diseases contributing to over 70% of the foodborne disease burden. In response, governments worldwide are enforcing stricter food safety regulations, presenting an opportunity for packaging machinery manufacturers to provide safer, more hygienic packaging solutions.

Key Players
The key players operating in the global packaging machinery market are Krones AG (Germany), TETRA PAK INTERNATIONAL S.A. (Switzerland), Adelphi Group of Companies (U.K.), FUJI MACHINERY CO., LTD. (Japan), Syntegon Technology GmbH (Germany), SIG Group AG (Switzerland), Barry-Wehmiller Group, Inc. (U.S.), COESIA S.P.A. (Italy), Marchesini Group S.p.A. (Italy), KHS GmbH (Italy), GEA Group Aktiengesellschaft (Germany), MULTIVAC Sepp Haggenmüller SE & Co. KG (Germany), OPTIMA Packaging Group GmbH (Germany), ISHIDA CO., LTD. (Japan), Omori Machinery Co., Ltd. (Japan), and TNA Australia Pty Limited (Australia).

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Key Questions Answered in the Report:
• Which are the high-growth market segments in terms of type, function, automation mode, end-use industry and geography?
• What is the historical market size for packaging machinery across the globe?
• What are the market forecasts and estimates for the period 2023–2030?
• What are the major drivers, restraints, opportunities, and challenges in the global packaging machinery market?
• Who are the major players in the market, and what are their market shares?
• How is the competitive landscape for the global packaging machinery market?
• What are the recent developments in the global packaging machinery market?
• What are the different strategies adopted by the major players in the market?
• What are the key geographic trends, and which are the high-growth countries?
• Who are the local emerging players in the global packaging machinery market, and how do they compete with other players?

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