How big is the Packaging Automation Market?

The Packaging Automation Market size is expected to reach USD 74.52 billion in 2024 and grow at a CAGR of 7.06% to reach USD 104.81 billion by 2029. Read More

What is the current Packaging Automation Market size?

In 2024, the Packaging Automation Market size is expected to reach USD 74.52 billion. Read More

Who are the key players in Packaging Automation Market?

Multivac Group, Coesia SpA, ULMA Packaging, Syntegon Technology and Swisslog Healthcare are the major companies operating in the Packaging Automation Market. Read More

Which is the fastest growing region in Packaging Automation Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Packaging Automation Market?

In 2024, the North America accounts for the largest market share in Packaging Automation Market. Read More

What years does this Packaging Automation Market cover, and what was the market size in 2023?

In 2023, the Packaging Automation Market size was estimated at USD 69.26 billion. The report covers the Packaging Automation Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Packaging Automation Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Packaging Automation Market - Companies & Size

Packaging Automation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Packaging Automation Market Trends. The Market is Segmented by Product Type (Filling, Labelling, Case Packaging, Bagging, Palletizing, Capping, and Wrapping), End User (Food, Beverage, Pharmaceuticals, Personal Care and Toiletries, and Industrial & Chemicals), and Geography. The Market Sizes and Forecasts are Provided in Value (USD) for all the Above Segments.

Packaging Automation Industry Overview

The packaging automation market is highly fragmented, with major players like Multivac Group, Coesia SpA, ULMA Packaging, Syntegon Technology, and Swisslog Healthcare. Companies in the market are strategically investing, forming partnerships, and collaborating to address the increasing demand for water management. They are expanding product or solutions portfolios, enhancing distribution networks, and leveraging advanced technologies to improve production efficiency and product quality to gain sustainable competitive advantage.

May 2024: LeafyPack, a pioneer in packaging automation, collaborated with KindPack, a leader in flexible packaging solutions, to launch the industry's first Lease-to-Own Program. This innovative initiative is set to transform cannabis operations by significantly enhancing the accessibility of packaging automation.
December 2023: MULTIVAC Group opened a new site in India with a production facility, showroom, and training and application center to address the growing demand for food packaging machines in the South Asian region.
November 2023: ULMA Packaging established itself as one of the leaders in the dynamic and diverse Scottish packaging industry, offering sustainable and competitive packaging machinery solutions that meet its customers' needs. The ULMA's unique proposition includes the widest range of machines and applications available on the market, comprising Flow Pack (HFFS), Thermoforming (TF), Traysealing (TS), Vertical (VFFS), Stretch Film packaging technologies, and ULMA Packaging Automation (UPA).