Global Food Packaging Technology & Equipment Market Canvassed by M&M in New Report Available at MarketPublishers.com
17 Sep 2014 • by Natalie Aster
LONDON – Over the past several years, the situation in the European and North American markets for food packaging technology and equipment has been rather stable. Meanwhile, the APAC region has exhibited better prospects for the food packaging technology and equipment market. The key factor driving the overall market growth is increasing consumers’ health and food safety awareness. The global food packaging technology and equipment market is led by a few big players and also involves numerous medium- and small-scale players. The major market participants include, among others, Omori Machinery, Bosch Packaging Technology, Multivac, Coesia Group, GEA Group, Oystar Holding, Ishida and IMA Group.
Owing to the huge untapped potential in the developing countries of the APAC region; the food packaging equipment market there is anticipated to increase at a 5.9% CAGR in the next five years, whilst the food packaging technology is forecast to post growth at a 9.1% CAGR through 2019. The worldwide food packaging technology market is predicted to exceed USD 46.69 billion by 2019, recording a 6.1% CAGR. Meantime, the world food packaging equipment market is expected to grow at a 4.8% CAGR in the next 5 years and will likely surpass USD 19.2 billion by 2019.
New research report “Food Packaging Technology & Equipment Market by Technology (Controlled, Active, Advanced, Intelligent, Aseptic), by Equipment (FFS, Labeling, Coding, Wrapping, Case Packaging), by Application and Geography - Trends & Forecast to 2019” worked out by MarketsandMarkets (M&M) presents a holistic view of the current scenario in the world market for food packaging technology and equipment, offers insights into the historical background of the market as well as gives detailed market future forecasts. Besides, the cuing-edge study features the prevailing market trends, examines the key factors shaping the market, reviews the recent industry developments and also provides a comprehensive assessment of the world food packaging technology and equipment market on the basis of geography, application and by type. Moreover, an analysis of the competitive landscape along with Porter’s five forces, value chain, Pest and supply chain analyses are at hand in the topical report.
Food Packaging Technology & Equipment Market by Technology (Controlled, Active, Advanced, Intelligent, Aseptic), by Equipment (FFS, Labeling, Coding, Wrapping, Case Packaging), by Application and Geography - Trends & Forecast to 2019
Published: September, 2014
Price: US$ 4,650.00
More new research reports by the publisher can be found at MarketsandMarkets page.