In 2022, the end-of-line packaging market reached a value of US$ 5.125 billion, and it is projected to grow at a compound annual growth rate (CAGR) of 4.3% to reach US$ 7.978 billion by 2032.
The global end-of-line packaging market is experiencing growth due to the increasing adoption of end-of-line packaging solutions across various industries. These solutions are being implemented to reduce packaging costs and enhance packaging systems. The industrial sector is witnessing a trend towards automation, driven by the need to automate manufacturing processes, and this is further contributing to the expansion of the end-of-line packaging market. Additionally, the rising consumption of packaged beverages is fueling the demand for end-of-line packaging solutions.
Improving workplace conditions through automation is a significant driver for the demand of end-of-line packaging. Numerous industries are embracing end-of-line packaging systems to reduce packaging costs, enhance packaging systems, and meet the evolving requirements for customized packaging sizes and forms.
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The e-commerce and retail sectors, experiencing rapid growth, are creating a higher demand for end-of-line packaging solutions and well-packaged products in the market. The efficiency and effectiveness of end-of-line packaging contribute to improved packaging processes, and the integration of robot systems and automation enhances production efficiency and reduces physical tasks. This creates valuable opportunities for growth in the end-of-line packaging market.
The implementation of end-of-line packaging systems nullifies human errors and reduces the need for training packaging personnel whenever new packaging technologies are introduced. It eliminates manual tasks such as palletizing, packing, and sorting, reducing the risk of product damage and human errors. These advantages have increased the adoption of end-of-line packaging in the manufacturing sector.
The pharmaceutical industry is also increasingly adopting advanced end-of-line packaging systems to improve product traceability in the supply chain, driving further growth in the end-of-line packaging market.
Overall, the end-of-line packaging market is expected to experience significant growth during the forecast period, driven by the need to reduce packaging costs, enhance packaging systems, improve workplace conditions, cater to the demands of the e-commerce and retail sectors, mitigate human errors, and meet the requirements of the pharmaceutical industry.
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Key Takeaways from End-of-line Packaging Market
- The automatic end-of-line packaging segment under technology is estimated to register a CAGR of 5.1% during the forecast period reaching USD 5.3 Billion by 2032 due to the reduced time and cost of labor with its use.
- The food and beverage segment is expected to remain the leading end use sector. During the forecast period, the food and beverages segment is expected to grow at a CAGR of 6.0%.
- Based on end use industry, the food & beverages segment is projected to hold around a 2/5th portion of the market by the end of 2032.
- The food and beverages segment is expected to lead the end use sector of the end-of-line packaging market, reaching USD 3.119 billion by 2032.
- The increasing end use industries and rising adoption of end-of-line packaging along with latest technologies in Europe and North America are anticipated to boost the sales of end-of-line packaging in these regions.
- The U.S. end-of-line packaging market to have the highest market size of US$ 1308 Million for 2032 with a sluggish CAGR of 3.5%.
- China end-of-line packaging market is expected to lead with the highest CAGR of 6.6% during the forecast period, reaching US$ 827 Million by 2032.
- India end-of-line packaging market is expected to have the second highest CAGR of 5.2% for 2032, reaching US$ 577 million by 2032.
“Automatic End of line Packaging are Gaining Immense Market Popularity across the Regions, Due to Increased Investments in Research & Development by Machinery Manufacturers Worldwide and Increased Demand for Various Packaging Products.” – says FMI analyst
End-of-line Packaging Market Landscape
ProMach, Inc., DS Smith plc, Synerlink (A barry-Wehmiller Company), Rovema GmbH, Stevanato Group, WestRock Company, and Uhlmann Pac-Systeme are the key players operating in the end-of-line packaging market.
Also, some of the other noticeable end-of-line packaging market players include ENDFLEX, Shemesh Automation Ltd, OPTIMA packaging group GmbH, INFINITY AUTOMATED SOLUTIONS PVT. LTD, nVenia LLC, ADCO Manufacturing, J+P Maschinenbau GmbH, EOL Packaging Experts GmbH, Hualian Machinery Group Co. Ltd., and others. The players in the tier 1 hold approximately 15-20% of the global end-to-line packaging market.
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Recent Development:
The end-to-line packaging market witnessed two major acquisitions to strengthen the technologies:
ProMach will acquire Serpa Packaging, a leading provider of cartoning and end-of-line solutions, in 2021. Serpa joins ProMach’s portfolio of automated cartoning systems, significantly expanding ProMach’s specialised secondary packaging machinery and line integration capabilities for the rapidly growing pharmaceutical industry.
Duravant Group will acquire Cloud Packaging Solutions in 2020. Duravant also announced that, as a result of the synergies between Cloud’s product offerings and the portfolio of highly engineered equipment offered by Duravant operating company Mespack, Cloud Packaging Solutions will be renamed Mespack-Cloud, a Duravant Company.
End-of-line Packaging Market by Category
By Technology, End-of-line Packaging Market is segmented as:
- Automatic
- Semi-automatic
By Function, End-of-line Packaging Market is segmented as:
- Stand-alone
- Integrated
By End Use Industry, End-of-line Packaging Market is segmented as:
- Food & Beverages
- Pharmaceutical
- Electronics and semiconductor
- Automotive
- Others (Chemicals, etc.)
By Region, End-of-line Packaging Market is segmented as:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
About FMI
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 on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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