The demand in the global wicketed bagging machines market is estimated to exhibit growth at a CAGR of nearly 4% to 5% during the assessment period 2022 to 2032. On account of growing advancements in technologies and the increasing introduction of novel bio-plastics, the sales of wicketed bagging machines are expected to rise at a robust pace in the forthcoming years.
| Report Attribute | Details |
|---|---|
| Wicketed Bagging Machines Market Projected Growth Rate (2022 to 2032) | 4% to 5% CAGR |
Wicketed bags are a type of packaging solution made of plastic resins that are held together on a thin wicket (or metal bar), making product dispensing easier and faster. Wicketed bagging machines are industrial equipment designed to automatically or semi-automatically open, fill and seal pre-made wicketed bags.
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Wicketed bagging machines are garnering huge popularity across various industries, on account of their robust packaging features and ability to work with bags of different sizes at different operating speeds.
Attributed to this, these industrial equipment are finding a plethora of applications across sectors such as bakery, confectionery, animal feed, agrochemicals, personal care & cosmetics, pharmaceuticals, processed food, and others. Hence, the rising expansion of these sectors and accelerating usage in packaging wheat, rice, corn, pulses, seeds, and other grains are projected to augment the demand for wicketed bagging machines in the global market.
Also, there is a rapid surge in the trend of industrialization and the adoption of process automation technologies across the globe. Hence, numerous leading food & beverage & packaging industry players are focusing on adopting automated equipment such as wicketed bagging machines for increasing productivity, declining packaging time, and faster dispensing of products. This is anticipated to create remunerative opportunities for growth in the wicketed bagging machines market.
Implementation of stringent regulations by a number of governmental and environmental protection agencies concerning the use of plastic packaging solutions is restraining the growth in the global wicketed bagging machines market.
Also, the high initiation cost and cost of maintenance of this industrial equipment are primary factors impeding the sales of wicketed bagging machines in the global market.
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As per FMI, South Asia is forecast to exhibit growth at a rapid CAGR in the global wicketed bagging machines market between 2022 and 2032.
Governments in several countries in focusing on undertaking numerous initiatives for the adoption of process automation technologies for increasing overall productivity. For instance, the Ministry of Heavy Industries & Public Enterprises in India announced the introduction of Samarth Udyog Bharat 4.0 initiatives for the augmenting implementation of process automation. The increasing launch of such initiatives is estimated to bolster the sales of wicketed bagging machines in the market.
Also, rising demand for wicketed bag packaging, owing to the rapidly expanding e-commerce sector is estimated to further bolster the growth in the South Asia market.
Europe is anticipated to emerge as a highly opportunistic market for wicketed bagging machines from 2022 to 2032, states Future Market Insights.
Prominent players in the market are emphasizing on introducing novel products with innovative features to capitalize on the growing demand for packaging equipment.
For instance, NEWTEC, a Belgium-based manufacturer of high-quality weighing, packaging, and sorting machinery recently announced the launching of its new machine for packaging pre-made wicketed bags for citrus and similar fruits with a capacity to work on up to 50 bags per min. A multiplicity of such new product launches is expected to bolster the growth in the Europe market.
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Some of the leading players in the global wicketed bagging machines market are Euro Machinery ApS, WeighPack Systems Inc., Paxiom Group, Robert Bosch GmbH, M.A. Industria Macchine Automatiche SpA, NEWTEC, and others.
Leading wicketed bagging machine manufacturers in the market are focusing on launching equipment with innovative features and mergers & acquisitions to increase their share in the highly competitive market.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4% to 5% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
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| Countries Covered |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
FMI projects the sales of wicketed bagging machines in the market are expected to rise at 4% to 5% value CAGR by 2032.
The global wicketed bagging machines market is anticipated to be dominated by South Asia over the forecast period 2022 to 2032.
Euro Machinery ApS, WeighPack Systems Inc., Paxiom Group, Robert Bosch GmbH, M.A. Industria Macchine Automatiche SpA, NEWTEC, and others are some of the leading players in the global wicketed bagging machines market.
1. Executive Summary | Wicketed Bagging Machines Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and Their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyers 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2017 to 2021 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2022 to 2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Automation Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Automation Type, 2017 to 2021 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Automation Type, 2022 to 2032 5.3.1. Automatic 5.3.2. Semi-automatic 5.4. Y-o-Y Growth Trend Analysis By Automation Type, 2017 to 2021 5.5. Absolute $ Opportunity Analysis By Automation Type, 2022 to 2032 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Machine Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Machine Type, 2017 to 2021 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Machine Type, 2022 to 2032 6.3.1. Vertical Wicketed Bagging Machines 6.3.2. Horizontal Wicketed Bagging Machines 6.4. Y-o-Y Growth Trend Analysis By Machine Type, 2017 to 2021 6.5. Absolute $ Opportunity Analysis By Machine Type, 2022 to 2032 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Machine Speed 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Machine Speed, 2017 to 2021 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Machine Speed, 2022 to 2032 7.3.1. Upto 500 bags/hr 7.3.2. 501 – 1000 bags/hr 7.3.3. 1001-1500 bags/hr 7.3.4. 1501-2000 bags/hr 7.3.5. More than 2000 bags/hr 7.4. Y-o-Y Growth Trend Analysis By Machine Speed, 2017 to 2021 7.5. Absolute $ Opportunity Analysis By Machine Speed, 2022 to 2032 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2017 to 2021 8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2022 to 2032 8.3.1. Food 8.3.2. Bakery & Confectionery 8.3.3. Grains 8.3.3.1. Wheat 8.3.3.2. Rice 8.3.3.3. Corn 8.3.3.4. Pulse 8.3.3.5. Other Grains 8.3.4. Animal Feed/Pet Food 8.3.5. Seeds 8.3.6. Spices & Condiments 8.3.7. Coffee Beans 8.3.8. Dairy Products 8.3.9. Meat, Poultry & Seafood 8.3.10. Pharmaceutical 8.3.11. Personal Care & Cosmetics 8.3.12. Others (Chemical, Homecare, etc.) 8.4. Y-o-Y Growth Trend Analysis By End Use, 2017 to 2021 8.5. Absolute $ Opportunity Analysis By End Use, 2022 to 2032 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 9.1. Introduction 9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2017 to 2021 9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2022 to 2032 9.3.1. North America 9.3.2. Latin America 9.3.3. Europe 9.3.4. Asia Pacific 9.3.5. Middle East and Africa 9.4. Market Attractiveness Analysis By Region 10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 10.2.1. By Country 10.2.1.1. USA 10.2.1.2. Canada 10.2.2. By Automation Type 10.2.3. By Machine Type 10.2.4. By Machine Speed 10.2.5. By End Use 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Automation Type 10.3.3. By Machine Type 10.3.4. By Machine Speed 10.3.5. By End Use 10.4. Key Takeaways 11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 11.2.1. By Country 11.2.1.1. Brazil 11.2.1.2. Mexico 11.2.1.3. Argentina 11.2.1.4. Chile 11.2.1.5. Peru 11.2.1.6. Rest of Latin America 11.2.2. By Automation Type 11.2.3. By Machine Type 11.2.4. By Machine Speed 11.2.5. By End Use 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Automation Type 11.3.3. By Machine Type 11.3.4. By Machine Speed 11.3.5. By End Use 11.4. Key Takeaways 12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 12.2.1. By Country 12.2.1.1. Germany 12.2.1.2. Italy 12.2.1.3. France 12.2.1.4. United Kingdom 12.2.1.5. Spain 12.2.1.6. Russia 12.2.1.7. BENELUX 12.2.1.8. Rest of Europe 12.2.2. By Automation Type 12.2.3. By Machine Type 12.2.4. By Machine Speed 12.2.5. By End Use 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Automation Type 12.3.3. By Machine Type 12.3.4. By Machine Speed 12.3.5. By End Use 12.4. Key Takeaways 13. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 13.2.1. By Country 13.2.1.1. China 13.2.1.2. Japan 13.2.1.3. South Korea 13.2.1.4. Rest of Asia Pacific 13.2.2. By Automation Type 13.2.3. By Machine Type 13.2.4. By Machine Speed 13.2.5. By End Use 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Automation Type 13.3.3. By Machine Type 13.3.4. By Machine Speed 13.3.5. By End Use 13.4. Key Takeaways 14. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Turkey 14.2.1.4. Rest of Middle East and Africa 14.2.2. By Automation Type 14.2.3. By Machine Type 14.2.4. By Machine Speed 14.2.5. By End Use 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Automation Type 14.3.3. By Machine Type 14.3.4. By Machine Speed 14.3.5. By End Use 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. USA 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2021 15.1.2.1. By Automation Type 15.1.2.2. By Machine Type 15.1.2.3. By Machine Speed 15.1.2.4. By End Use 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2021 15.2.2.1. By Automation Type 15.2.2.2. By Machine Type 15.2.2.3. By Machine Speed 15.2.2.4. By End Use 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2021 15.3.2.1. By Automation Type 15.3.2.2. By Machine Type 15.3.2.3. By Machine Speed 15.3.2.4. By End Use 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2021 15.4.2.1. By Automation Type 15.4.2.2. By Machine Type 15.4.2.3. By Machine Speed 15.4.2.4. By End Use 15.5. Argentina 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2021 15.5.2.1. By Automation Type 15.5.2.2. By Machine Type 15.5.2.3. By Machine Speed 15.5.2.4. By End Use 15.6. Chile 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2021 15.6.2.1. By Automation Type 15.6.2.2. By Machine Type 15.6.2.3. By Machine Speed 15.6.2.4. By End Use 15.7. Peru 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2021 15.7.2.1. By Automation Type 15.7.2.2. By Machine Type 15.7.2.3. By Machine Speed 15.7.2.4. By End Use 15.8. Germany 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2021 15.8.2.1. By Automation Type 15.8.2.2. By Machine Type 15.8.2.3. By Machine Speed 15.8.2.4. By End Use 15.9. Italy 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2021 15.9.2.1. By Automation Type 15.9.2.2. By Machine Type 15.9.2.3. By Machine Speed 15.9.2.4. By End Use 15.10. France 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2021 15.10.2.1. By Automation Type 15.10.2.2. By Machine Type 15.10.2.3. By Machine Speed 15.10.2.4. By End Use 15.11. United Kingdom 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2021 15.11.2.1. By Automation Type 15.11.2.2. By Machine Type 15.11.2.3. By Machine Speed 15.11.2.4. By End Use 15.12. Spain 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2021 15.12.2.1. By Automation Type 15.12.2.2. By Machine Type 15.12.2.3. By Machine Speed 15.12.2.4. By End Use 15.13. Russia 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2021 15.13.2.1. By Automation Type 15.13.2.2. By Machine Type 15.13.2.3. By Machine Speed 15.13.2.4. By End Use 15.14. BENELUX 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2021 15.14.2.1. By Automation Type 15.14.2.2. By Machine Type 15.14.2.3. By Machine Speed 15.14.2.4. By End Use 15.15. China 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2021 15.15.2.1. By Automation Type 15.15.2.2. By Machine Type 15.15.2.3. By Machine Speed 15.15.2.4. By End Use 15.16. Japan 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2021 15.16.2.1. By Automation Type 15.16.2.2. By Machine Type 15.16.2.3. By Machine Speed 15.16.2.4. By End Use 15.17. South Korea 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2021 15.17.2.1. By Automation Type 15.17.2.2. By Machine Type 15.17.2.3. By Machine Speed 15.17.2.4. By End Use 15.18. GCC Countries 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2021 15.18.2.1. By Automation Type 15.18.2.2. By Machine Type 15.18.2.3. By Machine Speed 15.18.2.4. By End Use 15.19. South Africa 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2021 15.19.2.1. By Automation Type 15.19.2.2. By Machine Type 15.19.2.3. By Machine Speed 15.19.2.4. By End Use 15.20. Turkey 15.20.1. Pricing Analysis 15.20.2. Market Share Analysis, 2021 15.20.2.1. By Automation Type 15.20.2.2. By Machine Type 15.20.2.3. By Machine Speed 15.20.2.4. By End Use 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Automation Type 16.3.3. By Machine Type 16.3.4. By Machine Speed 16.3.5. By End Use 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Euro Machinery ApS 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.1.5.2. Product Strategy 17.1.1.5.3. Channel Strategy 17.1.2. WeighPack Systems Inc. 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.2.5.2. Product Strategy 17.1.2.5.3. Channel Strategy 17.1.3. Paxiom Group 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.3.5.2. Product Strategy 17.1.3.5.3. Channel Strategy 17.1.4. Robert Bosch GmbH 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.4.5.2. Product Strategy 17.1.4.5.3. Channel Strategy 17.1.5. M.A. Industria Macchine Automatiche 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.5.5.2. Product Strategy 17.1.5.5.3. Channel Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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Wicketed Bagging Machines Market
