Share this article Share this article ALBANY, N.Y., Jan. 12, 2021 /PRNewswire/ -- The growing need for increasing production output, particularly in rapidly developing countries like India and China, is expected to foster development of the global packaging machinery market over the forecast timeline, from 2019 to 2026. Rising demand for a wide variety of products has led to need for different packaging sizes, which is likely to augur well for the market in the near future. In addition, thriving e-commerce industry is estimated to play a significant role in driving the demand for packaging machinery in the years to come. Manufacturers of consumer packaged goods (CPG) generate large requirements for flexible packaging machinery due to growing demand for a wider range of products and greater product diversity. These manufacturers demand for machinery that would ensure overall effectiveness with easy maintenance, operation, integration, and low rejection rate. These factors are expected to drive the demand in the market over the projection period.Besides, rising demand for small portions and single serve bag sizesis expected to trigger growth of the global packaging machinery market in the near future.