The global end-of-line packaging market experienced significant growth, reaching a value of US$ 5.125 billion in 2022. It is projected to continue its expansion with a compound annual growth rate (CAGR) of 4.3% until 2032, reaching an estimated value of US$ 7.978 billion.
This growth can be attributed to the increasing adoption of end-of-line packaging solutions across various industries. These solutions are favored for their ability to streamline packaging processes, reduce costs, and improve overall packaging systems. Industries, especially the industrial sector, are increasingly turning to automation to enhance manufacturing processes, thereby driving the demand for end-of-line packaging.
The rise in consumption of packaged beverages is also contributing to the demand for end-of-line packaging solutions. Additionally, the need to improve workplace conditions through automation is a significant driver for the adoption of these packaging systems. They not only lower packaging expenses but also cater to the demand for customized packaging sizes and forms to meet consumer preferences effectively.
The e-commerce and retail sectors’ rapid growth is creating a higher demand for well-packaged products, leading to increased demand for end-of-line packaging solutions. The integration of robot systems and automation in the packaging process enhances production efficiency and reduces physical tasks, presenting valuable growth opportunities in the market.
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The adoption of end-of-line packaging systems offers several advantages, including nullifying human errors, reducing the need for training packaging personnel when new technologies are introduced, and eliminating manual tasks like palletizing, packing, and sorting. This not only reduces the risk of product damage and human errors but also makes the manufacturing sector more inclined to adopt these solutions.
The pharmaceutical industry is also increasingly embracing advanced end-of-line packaging systems to improve product traceability in the supply chain, further driving market growth.
Key Takeaways from the End-of-line Packaging Market:
- Automatic end-of-line packaging is expected to register a CAGR of 5.1% during the forecast period, reaching USD 5.3 billion by 2032, thanks to reduced labor costs and time.
- The food and beverage segment is anticipated to remain the leading end-use sector, projected to grow at a CAGR of 6.0%. It is expected to hold around 2/5th portion of the market by the end of 2032, with a value of USD 3.119 billion.
- Europe and North America are likely to see an increase in end-of-line packaging sales due to the rising adoption of these solutions along with the latest technologies.
- The U.S. end-of-line packaging market is expected to reach the highest market size of US$ 1,308 million for 2032, with a CAGR of 3.5%.
- China’s end-of-line packaging market is projected to lead with the highest CAGR of 6.6% during the forecast period, reaching US$ 827 million by 2032.
- India’s 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
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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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