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Worldwide Packaging Machinery Industry to 2026 - Increasing Usage of Automation in the Packaging Industry Presents Opportunities prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Farewell to packaging friends we lost in 2018 packagingdigest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from packagingdigest.com Daily Mail and Mail on Sunday newspapers.
Outlook on the Packaging Machinery Global Market to 2026 - by Machine Type, Technology, End-use and Region prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
20 According to the latest report by IMARC Group titled, “Packaging Machinery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global packaging machinery market reached a value of US$ 49.2 Billion in 2020. Packaging machines are devices which are used for packaging various products, such as food products, beverages, electronic components and consumer goods. Packaging provides protection to the product against microbiological spoilage, breaking, moisture, dust, temperature changes, thereby extending its shelf-life. Moreover, packaging enhances the visual aesthetics of the product and becomes an effective tool for crucial marketing and communication. Looking forward, IMARC Group expects the global packaging machinery market to exhibit moderate growth during the next five years (2021-2026). ....
Packaging Machinery Market Forecast to Reach $40 Billion by 2025 Increased Usage of Automation in the Packaging Industry and Rise in Global Market for of the Consumer Goods Are Major Factors Impacting Growth of the Packaging Machinery Market. BriefingWire.com, 1/13/2021 - The Packaging Machinery Market is forecast to reach $40 billion by 2025, growing at a CAGR of 5% during 2019-2025. The packaging machinery market is likely to witness a strong growth from e-commerce sector as the industry experienced a Y-o-Y growth of 11.32% from 2017. Similarly, the changing customer preferences from using plastic based packaging to environmental friendly packaging is anticipated to drive the market for new packaging machinery during 2019-2025. Many end users are replacing their older machine with the new packaging machine which can process biodegradable materials. Similarly, the surging demand for packaged and processed food is like ....