ALBANY, New York, May 08, 2018 (GLOBE NEWSWIRE) -- The global end-of-line packaging market stood at US$ 4,221.1 mn by the end of 2017, vis-à-vis revenue. The global market is projected to rise at a CAGR of 4.0% from 2017 to 2026.
Some of the top players operating in the global end-of-line packaging market are Combi Packaging Systems LLC, Gebo Cermex, Schneider Packaging Equipment Co. Inc., Festo Corporation, Pro Mach, Inc., DS Smith Plc., Bosch Packaging Technology, IMA S.p.A., and Krones AG., notes Transparency Market Research (TMR). A number of prominent players are offering technologically-advanced integrated packaging solutions for meeting a variety of needs of their clients, in order to gain a competitive edge over others. Several players are offering automatic and semi-automatic complete end-of-line packaging solutions that can be easily integrated into the existing packaging lines. A number of companies are also focused on offering customized standalone as well as integrated end-of-line packaging solutions.
The various end-use industries for the application of end-of-line packaging are pharmaceuticals, automotive, electronics and semiconductor, chemical products, food and beverages, and consumer products. Of these, the pharmaceuticals industry is the most promising segment and is projected to expand at the leading CAGR during 2017–2026. Meanwhile, the food and beverages segment is anticipated to account for the leading share in the overall market throughout the assessment period.
Request a PDF Brochure for Research Insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=9278
Regionally, Europe is the leading market for end-of-line packaging accounting for the dominant share throughout the forecast period. This will be trailed by North America and Asia Pacific, with the latter expected to rise at a robust CAGR during the forecast period. The substantially rising demand for automation in several end-use industries is stoking the demand for end-of-line packaging in these regions.
Automated End-Of-Line Packaging across Industrial Sector Boost Market
The vastly rising demand for automating machinery in several end-use industries, notably in manufacturing industries, is attributed to pressing need for boosting operational output. This is a key factor driving the end-of-line packaging market. The intensifying need for modernizing manufacturing facilities is a key factor stoking the demand for such semi-automated and automated technologies. The market is expected to vastly benefit from the rapid strides taken by the manufacturing sector in various developing regions. This is further accentuated by the rising need for modernizing the manufacturing sector.
Get Sample PDF @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9278
The intensifying need for improving workplace conditions through adoption of automation is a notable factor bolstering the demand for end-of-line packaging solutions. Various end-use industries are adopting a number of developing countries are focused on reducing labor cost and improving their bottom lines. This has stoked the demand for palletized packaging solutions, thereby fueling the growth of the market.
Rising Adoption of Robotics to Present Lucrative Avenues
A burgeoning consumer goods industry in various parts of the world is boosting the end-of-line packaging market to manage equipment efficiency and at lower cost. However, the lack of centralized packaging, coupled with uncertain availability of the standalone and integrated products, is a key factor likely to hinder the market over the assessment period. The dependence on vendors and distributors for the supply of end-of-line packaging solutions has acted as a bottleneck for end users. Nevertheless, an attractive rate of return associated with adopting automation in manufacturing facilities and the pressing need for reducing the operational cost in various end-use industries are notable trends accentuating the demand.
Request for Discount on this Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=9278
Furthermore, the wide adoption of robotics technology for light-weight packaging applications is a notable trend accentuating the growth of the market. The rising number of robots in end-of-line packaging leads to less material waste, better production pipeline, and significant operational cost reduction.
The review presented here is based on the findings of a TMR report, titled “End-of-line Packaging Market (Technology – Automatic and Semi-automatic; Function - Standalone (Palletizing, Case Erector, Packing and Sealing, Stretch Wrapping, and Labelling) and Integrated; End-use Industry - Food & Beverages, Pharmaceuticals, Electronics and Semiconductor, Automotive, Chemical Products, and Consumer Products; Received Order – Customized Order and Standard Order) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017–2026.”
Browse Research Release at https://www.transparencymarketresearch.com/pressrelease/end-of-line-packaging-market.htm
The global end-of-line packaging market is segmented as follows;
End-of-line Packaging Market, by Technology
- Automatic
- Semi-automatic
End-of-line Packaging Market, by Function
- Standalone
- Palletizing
- Case Erector
- Packing and Sealing
- Stretch Wrapping
- Others
- Integrated
End-of-line Packaging Market, by Received Order Type
- Customized Order
- Standard Order
End-of-line Packaging Market, by End-use Industry
- Food & Beverages
- Pharmaceuticals
- Electronics and Semiconductors
- Automotive
- Chemical Products
- Consumer Products
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
Contact Us
Mr. Atil Chaudhari
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Research Blog: http://www.techyounme.com/