North America Packaging Machinery Market - Industry Size, Opportunity, Growth, Demand, & Forecast To 2027

Packaging is the art and technology of covering and protecting various products for distribution, storage, and usage. In addition to that, packaging refers to the process of designing, evaluating, and producing packages. The essential factor for the packaging is that it protects the product from harm, leakage, dust, pollution, contamination etc. Throughout this packaging process, diverse machinery is essential to the industry. Packaging machinery refers to a wide-ranging mixture of machines from many sectors. There are thousands of packaging machines, from larger scales to smaller. These packaging machines can fill liquids, wrap products, weigh products, and protect them while transporting and storing them. North America is considered the world's largest consumer of packaging. Also, the region is characterized by packaging giants such as International Paper, Tetrapak, Reynolds Group, Ball Corporation, and Ownes-Illinois. Growing demand for highly automated and integrated machines, coupled with favourable packaging and labeling regulations, is anticipated to propel the market's growth. Rising demand for cosmetics, increased sales of entertainment equipment, increased consumption of single-use packaging, increased good exports, and rapid urbanization would also drive market growth across the region. The Association for packaging and processing technologies (PMMI), present in the North American area, represents more than 950 manufacturers and suppliers of packaging equipment and components.

According to the research report, "North America Packaging Machinery Market Outlook, 2027," published by Actual Research, the packaging machinery market is anticipated to grow at a 4.12% CAGR from 2022–2027. The packaging machinery market in North America is highly competitive and consists of numerous established key players who focus on expanding their geographical reach across the region. These key players are consistently innovating with their products and launching them to meet the demand, which is likely to support the growth of the North American market. Further, the North American packaging machinery market is segmented into three major countries, including the United States of America, Canada, and Mexico. Among these countries, the USA is estimated to acquire more than half of the market share during the forecast period. The region plays an important role in the global packaging machinery market.

The USA is one of the fastest growing packaging markets across the North American region. Historically, the United States has been among the early adopters of this technology and industry. Furthermore, the country has a strong export base of packaging machinery, which has actively contributed to the market's growth. Also, the current shift towards Industry 4.0 is further driving the adoption of technologies such as automation, AI, and IoT in the manufacturing sector. Robotics has also been penetrating the packaging machinery market across the country, which is expected to propel the higher market growth during the forecast period.

On the other hand, e-commerce has been a growingly important factor in the industry. There is a trend for e-commerce packaging in the USA to use more pouches, easily packable trays, and less glass. Recently, the US government has announced several initiatives to strengthen the manufacturing sector, including over USD 300 billion in research and development and enhanced technology for the packaging machinery industry.

According to the report, North America's packaging machinery market is segmented into seven diverse machine types: filling machines, labeling machines, form-fill-seal machines, cartooning machines, palletizing machines, wrapping machines, and bottling line machines. Among these machine types, the form-fill-seal machine segment is projected to acquire more than 40% of the market share in the North American market. Owing to the wide range and volume of products packed with this technology, the form-fill-seal machine type is projected to acquire significant market growth by the upcoming time frame. On the other hand, the bottling line machine type segment is estimated to be the fastest growing segment in the North American packaging equipment market. Further, as demand for packaging machinery grows, so do end-users' requirements, including food and beverage manufacturers. These two end-users occupy more than half of the market share in the North American market. Due to the increasing demand for packed food with sustainable packaging across the region, this segment is forecasted to witness increasing growth during the forecast period.

COVID-19 Impact:
The global outbreak of COVID-19 significantly impacted the North American packaging machinery market as the business saw a decrease in orders due primarily to reductions in the transportation systems and reconsideration of the capital expenditure plans by the organizations that were stagnation caused by the COVID-19 impact. Due to the strict government regulations for lockdown and social distancing norms, many production plants were at a halt. Also, industries witnessed a fall in the labour force, which caused a significant drop in the market size. However, demand has again regained momentum across the region due to a change in consumer behaviour and higher adoption of enhanced technology. Based on these factors, the overall market growth is anticipated to reach higher value terms during the forecast period.

Major Companies present in the market:
KHS Group, Tetra Laval International S.A., Krones AG, Coesia S.P.A., Syntegon Technology GmbH, Herma GmbH, GEA Group Aktiengesellschaft, SIG Combibloc Group Limited, CKD Corporation, Fuji Machinery Co., Limited, The Adelphi Group of Companies, ProMach, Inc., Marchesini Group S.p.A., Viking Masek Global Packaging Technologies, Sacmi Group, Bradman Lake Limited, Omori Machinery Co. Limited, I.M.A. IndustriaMacchineAutomatiche S.P.A, Premier Tech Chronos Limited

Considered in this report
• Geography: North America
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027

Aspects covered in this report
• North America packaging machinery market with its value and forecast along with its segments
• Country-wise packaging machinery market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Countries covered in the report
• USA
• Canada
• Mexico

Types of machine in the report:
• Filling Machine
• Labeling Machine
• Form-Fill-Seal Machine
• Cartoning Machine
• Palletizing Machine
• Wrapping Machine
• Bottling Line Machine
• Others

By End-Use in the report:
• Beverages
• Food
• Chemicals
• Personal Care
• Pharmaceuticals
• Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to packaging machinery industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.