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Top-Selling March Reports on Packaging Equipment Market

22 Mar 2022 • by Natalie Aster

LONDON – Market Publishers has a great collection of insightful research studies covering the machinery and equipment catalogue. In March, this catalogue has been enlarged with many novel studies that provide in-depth insights into the packaging equipment market. Our experts have pointed out the two top-selling March reports analysing the packaging equipment market available at MarketPublishers.com: 

Food Packaging Equipment Market 

The world’s market for food packaging equipment is poised to reach a value of USD 25.37 billion by the year 2029, increasing at a 6% CAGR between 2022 and 2029. Meantime, the volume of this market is projected to grow at a CAGR of 8% and exceed 12.13 million units by 2029. The key market growth driving factors include the increasing penetration of automated technologies, the flexibility of machinery, escalating demand for hygienic packaging, untapped opportunities in emerging countries, and rising use of packaging as a product differentiation tool. The meat, poultry, and seafood segment is anticipated to command the largest market share during the forecast period. Asia-Pacific is predicted to emerge as both the largest and the fastest-growing regional market for food packaging equipment in the next 7 years…

Pharmaceutical Packaging Equipment Market

The global pharmaceutical packaging equipment market is predicted to exhibit sustainable growth at a 7.2% CAGR during the next 5 years, spurred by the rapidly increasing generic and biopharmaceutical markets, soaring OTC drug sales, rising need for flexible and integrated packaging equipment, an upturn in offshore manufacturing in the pharmaceuticals market, and the introduction of regulatory standards on the packaging as well as stringent norms against counterfeiting. However, this market will also face several challenges that may hamper its growth to some extent, for example, the adoption of refurbished packaging equipment, and high costs of packaging equipment. By the year 2027, the value of the world’s pharmaceutical packaging equipment market is forecast to amount to USD 11.9 billion. The liquid packaging equipment segment is anticipated to hold the biggest market share during the forecast period…

Many other in-demand research studies covering the packaging equipment market can be found in the Machinery & Equipment catalogue

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