An Incisive, In-depth Analysis on the Bagging Equipment Market
This study offers a comprehensive, 360 degree analysis on the Bagging Equipment market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Bagging Equipment market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Key Factors Shaping Bagging Equipment Market
Increasing Demand for Sachet and Small Size Pouch to Boost Sales of Bagging Equipment
Bagging equipment is high precision equipment used for packaging products in various formats. End users show more preference for small size packaging in the form of sachets, flow wraps, and small size pouches and cartons, attributable to the increasing consumer base. Consumers are demanding smaller pack sizes for multiple reasons. Smaller pack sizes are convenient as well as affordable, which also makes them easy to carry to workplaces, and on holidays. Smaller pack sizes in the food industry help in portion control and lessen the impact of impulse purchasing. In cosmetic packaging, smaller packs enable experimentation without excessive spending. Rising consumer mindfulness is expected to drive the demand for small pack sizes in all end-use industries, which is, in turn, expected to drive the demand for efficient bagging solutions during the forecast period.
Europe to Remain Major Exporter of Bagging Equipment
According to FMI analysis, Europe holds a significant market share in the global bagging equipment market, and Western Europe and Eastern Europe markets are estimated to create a cumulative incremental revenue opportunity of nearly US$ 5 Bn by the end of 2028. In terms of trade, the top import destinations for bagging equipment includes Germany, Italy, China, the U.S., Switzerland, and Spain, while export destinations include a large number of developing countries, which include Bangladesh, India, the UAE, Saudi Arabia, South Africa, and Ghana. Most of the tier-1 manufacturers of bagging equipment are based in Europe. They offer standalone as well as integrated bagging lines. End-use manufacturers who have high investment capabilities use high-end European-made bagging equipment, whereas small-scale manufacturers that seek lesser investments tend to opt for semi-automatic bagging equipment with low capacity.
Rising Demand for Vertical Bagger Equipment to Propel Market Growth
Bagging equipment can either use horizontal or vertical orientation, depending upon the application. Vertical baggers are capable of handling multiple bagging styles, which has made them more popular among brand owners. Furthermore, end-users such as food, cosmetics, pharmaceuticals, construction, and personal care industries are gaining more traction for vertical bagging equipment, as it offers a versatile bag sealing experience and reduces operating and labor costs. Bagging equipment comes with the idea of the full-automatic assembly line, which eliminates the need for continuous supervision during the complete workflow. On the back of these benefits, the bagging equipment market is expected to grow by 1.5x of its current market value by the end of 2028.
Bagging Equipment Market Structure Analysis
Detailed profiles of companies in the bagging equipment market report to evaluate their strategies, key product offerings, and SWOT analysis, along with the recent developments. Some of the key players operating in the global bagging equipment market are Robert Bosch GMBH, All-Fill Incorporated, Tokyo Automatic Machinery Works Ltd, I.M.A. Industria Macchine Automatiche SpA, PAYPER, S.A., BW Companies Inc., Bossar Packaging S.A., CONCETTI S.P.A., Fuji Machinery Co. Ltd, Omori Machinery Co. Ltd, MONDIAL PACK S.r.l, Fres-co System USA, Inc., Webster Griffin Ltd., Buhler Holding AG, Imanpack Packaging and Eco Solutions S.p.A, STATEC BINDER GmbH, HASSIA-REDATRON GmbH, Premier Tech Chronos, WOLF Verpackungsmaschinen GmbH, and Pakona Engineers Pvt Ltd. Several local and unrecognized players are also expected to contribute to the growth of the global bagging equipment market during 2019-2028.
FREQUENTLY ASKED QUESTIONS ABOUT Bagging Equipment Market
What is the global status of the bagging equipment market?
The global bagging equipment market is estimated to register a substantial CAGR during the forecast period of 2019-2028. The bagging equipment market is expected to expand by 1.5x of its current market value by 2028.
Which type of bagging equipment is highly preferred by end users?
As per FMI research, integrated bagging lines equipment segment is expected to hold a significant share in the global bagging equipment market in the period 2019-2028. The integrated bagging line equipment has a high rate of bags production per hour as compared to standalone equipment.
Which end-use industries offer potential growth opportunities for manufacturers?
Demand for bagging equipment is thoroughly dominated by food industries. Food industries are expected to hold nearly 2/3rd of the market share in the global bagging equipment market by 2028. Food industries create a consistent demand for bagging equipment, attributable to the rising demand for packaged and processed food worldwide.
Which country offers substantial growth opportunities?
Asia Pacific countries such as China and India are expected to create maximum incremental revenue opportunities during the forecast period of 2019-2028. The Asia Pacific bagging equipment market is expected to be driven by the strong export orientation and manufacturing capabilities of China and India.
What is the degree of competition in the bagging equipment market?
The global bagging equipment market is fragmented. Robert Bosch GMBH, All-Fill Incorporated, Tokyo Automatic Machinery Works Ltd, I.M.A. Industria Macchine Automatiche SpA, PAYPER, S.A., Bossar Packaging S.A., CONCETTI S.P.A., and Omori Machinery Co. Ltd are the top manufacturers holding an estimated share of 15-16% in the global bagging equipment market.
Why is bagging equipment gaining traction?
As per FMI research, bagging equipment is highly preferred for food packaging. Demand for on-the-go food products from developed as well as developing economies is expected to witness substantial growth, which in turn is expected to translate into high demand for efficient packaging solutions such as bagging equipment. Apart from this, other end users such as construction, pharmaceuticals, homecare, personal care, and cosmetics industries show a high preference for bagging equipment.
Bagging Equipment Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2028
A recent market report published by Future Market Insights on the bagging equipment market provides global industry analysis for 2014-2018 & forecast for 2019-2028. The report offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the bagging equipment market, growth prospects of the market are obtained with maximum precision.
The global bagging equipment market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Chapter 01 – Executive Summary
The report begins with the executive summary of the bagging equipment market, which includes a summary of the key findings and statistics of the market. It also includes dominant segments in the global bagging equipment market, along-with key facts about bagging equipment. It further highlights key recommendations in addition to opportunity analysis.
Chapter 02 – Market Introduction
Readers can find product definition and detailed segmentation of the bagging equipment market in this chapter, which will help them to understand basic information about the bagging equipment available in the market. This section defines the scope of the bagging equipment market report.
Chapter 03 – Market Viewpoint
This chapter highlights the parent market growth which helps to boost growth of bagging equipment market. This includes overall outlook of packaging machineries market, global packaging market outlook, global grain production outlook along with a macroeconomic overview and correlation analysis in the bagging equipment market. Furthermore, readers can find flow of bagging equipment market with list of market participants, list of suppliers, distributors, and end-consumers. The market dynamics provided in the chapter helps the reader to understand drivers, trends, opportunities, and restraints in the bagging equipment market.
Chapter 04 – Market Analysis
This chapter explains the global bagging equipment market value (US$ Mn) and volume (Units) analysis from sales perspective for the historic (2014-2018) and forecast period (2019-2028).
Chapter 05 – Global Bagging Equipment Market Analysis 2014-2018 and Forecast 2019-2028 by Machine Type
In this chapter, the readers can obtain bagging equipment market analysis on the basis of machine type such as horizontal bagger and vertical bagger. This chapter includes y-o-y trend analysis and market attractiveness analysis of bagging equipment market by machine type along with the key facts of global market growth.
Chapter 06 – Global Bagging Equipment Market Analysis 2014-2018 and Forecast 2019-2028 by Automation Type
Based on automation type, the bagging equipment market is segmented into automatic and semi-automatic. In this chapter, readers can find information about year-on-year growth trend analysis and market attractiveness analysis during the forecast period along with segmental value (US$ Mn) and volume (Units) for the period 2014-2028.
Chapter 07 – Global Bagging Equipment Market Analysis 2014-2018 and Forecast 2019-2028 by Capacity
This chapter provides details about the bagging equipment market on the basis of capacity, which includes less than 500 bags/hr, 500-1,000 bags/hr, 1,000-2,000 bags/hr and more than 2,000 bags/hr. The chapter highlights the key facts about bagging equipment market as per the segment.
Chapter 08 – Global Bagging Equipment Market Analysis 2014-2018 and Forecast 2019-2028 by Product Type
The bagging equipment market is further analyzed on the basis of product type such as integrated bagging line and standalone bagging equipment. The readers can find market attractiveness analysis for the forecast period 2019-2028 along with key facts.
Chapter 09 – Global Bagging Equipment Market Analysis 2014-2018 and Forecast 2019-2028 by End-use
This section highlights value and volume analysis on the basis of end-use, which is further segmented as food industry, construction, homecare & personal care, pharmaceuticals, and other industries. Readers can find bagging equipment analysis for the historic and forecast period.
Chapter 10 – Global Bagging Equipment Market Analysis 2014-2018 and Forecast 2019-2028 by Region
In this section, readers will find market share analysis and y-o-y trend in seven regions. This includes North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, the Middle East and Africa, and Japan bagging equipment market analysis for historic and forecast period.
Chapter 11 – North America Bagging Equipment Market Analysis 2014 – 2018 & Forecast 2019-2028
This chapter includes a detailed analysis of growth of the North American bagging equipment market, along with a country-wise assessment that includes the U.S. and Canada. Readers will also find key points on the basis of estimated market size and consumption of bagging equipment in this chapter. This chapter further highlights historic and forecast value and volume of North America bagging equipment as per the taxonomy.
Chapter 12 – Latin America Bagging Equipment Market Analysis 2014 - 2018 & Forecast 2019-2028
Readers can find detailed analysis about considered segments and regional trends, which are impacting the growth of the Latin America bagging equipment market. This chapter also includes the growth prospects of the bagging equipment market in leading countries in Latin America such as Brazil, Mexico, and the Rest of Latin America.
Chapter 13 – Western Europe Bagging Equipment Market Analysis 2014 - 2018 & Forecast 2019-2028
Important growth prospects of the bagging equipment market in several countries such as Germany, Italy, France, the U.K., Spain, BENELUX, Nordic Countries, and the Rest of Western Europe are included in this chapter. The segmental and pricing analysis of Western Europe bagging equipment market is given in the report.
Chapter 14 – Eastern Europe Bagging Equipment Market Analysis 2014 - 2018 & Forecast 2019-2028
The Eastern Europe bagging equipment market analysis is classified as per consumption and demand of bagging equipment in different countries such as Russia, Poland, and the Rest of Eastern Europe countries along with the detailed analysis of considered segments at regional level.
Chapter 15 – Asia Pacific excluding Japan Bagging Equipment Market Analysis 2014 - 2018 & Forecast 2019-2028
Readers can find detailed analysis about considered segments and country-wise growth such as China, India, Australia & New Zealand, ASEAN Countries, and the Rest of Asia Pacific countries excluding Japan. This chapter also consists of key facts responsible for the market growth of bagging equipment in forecast period.
Chapter 16 – MEA Bagging Equipment Market Analysis 2014 - 2018 & Forecast 2019-2028
This chapter provides information about how the bagging equipment market is expected to grow in major countries in the MEA region such as GCC Countries, South Africa, Northern Africa, Turkey, Israel, and the Rest of MEA during the forecast period of 2019-2028.
Chapter 17 – Japan Bagging Equipment Market Analysis 2014-2018 and Forecast 2019-2028
This chapter offers a detailed study of bagging equipment market in Japan. The historic and forecast demand and sales analysis as per the considered taxonomy for Japan is provided in this chapter.
Chapter 18 – Market Structure Analysis
Reader can find three phase Tier structure which indicates revenue share contribution by the key players in the global bagging equipment market. Tier I and II levels represent top manufacturers of bagging equipment that holds maximum market share. Tier III represents revenue contribution of many unorganized and local players in the bagging equipment market.
Chapter 19 – Competition Analysis
In this chapter, readers will find a comprehensive list of leading manufacturers in the bagging equipment market, along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. IMA, Robert Bosch, Concetti S.P.A., Fuji Machinery Co. Ltd., Promach Inc., Buhler AG, Fres-Co Systems Usa Inc., All-Fill Incorporated, and Tokyo Automatic Machinery Works Ltd. are some of the key players operating in the global bagging equipment market.
Chapter 20 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, about the bagging equipment market.
Chapter 22 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the bagging equipment market report.
Sources and Primary Research Splits (%)
Primary research interviews with key opinion leaders and other participants were conducted for data collection and validation of the below information: