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Asia-Pacific Palletizer Market - By End User Vertical (Food & Beverages, Pharmaceuticals, Personal Care and Chemicals) and Country (China, India, Japan and Others) - Trends and Forecasts (2020 - 2025)

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ASIA-PACIFIC PALLETIZER MARKET

The Asia-Pacific (APAC) packaging market is characterized by its pyramid structure of different level of consumers. At the top of the pyramid lies premium packaging and specialized offerings for the wealthiest, while the middle of the pyramid represents multiple offerings for the aspirational middle class. The bottom of the pyramid consists of more affordable packaging options for consumers who make less than USD 2 per day. The relevance of the innovation with consumer indulgence is quite important in this aspect. Also, the agility in solution should meet the different ranges of product offerings. Keeping both of the trends in mind, the packaging machinery manufacturers in the APAC region are investing quite heavily in latest equipment, thus driving the growth of palletizer in the region.

The APAC palletizer market was valued at USD 809.08 million in 2016, and is expected to reach USD 1,301.82 million by 2022, witnessing a CAGR of 8.24% during 2017-2022.

RISING DEMAND FOR BOTTLED WATER AND READY-TO-DRINK TEA TO DRIVE THE GROWTH

The food & beverage industry has always been a key contributor to enhancing the market revenue of packaging machinery in the region due to the strong growth of the beverage industry in leading countries, like China and India. The proportion of the food & beverage space in various concepts and formats has been increasing significantly. In APAC, consumer spending on eating out in 2016 was USD 1,052 billion (PPP), representing 32% of global consumer spending on eating out. Rising demand for bottled water & ready-to-drink (RTD) tea in China is proving to be useful for the growth of packaging machinery, such as palletizers, in the APAC region.

PERSONAL CARE/COSMETIC SEGMENT TO BOLSTER THE ASIA-PACIFIC PALLETIZER MARKET GROWTH

The personal care & cosmetics industry in APAC is on the rise, with the highest potential markets spanning from countries like Indonesia to Vietnam to Malaysia. Comprising of over 20% of the US global exports in the sector, the APAC countries offer the personal care & cosmetic industry over 3 billion potential consumers in the fastest growing global market. With the global K-Beauty trend, these markets also represent some of the most discerning and sophisticated cosmetic consumers. In order to cater to this demand, leading personal care manufacturers are coming up with latest packaging technologies and machinery.

CHINA DOMINATED THE ASIA-PACIFIC PALLETIZER MARKET

China’s packaging machinery sector is characterized by high-level of fragmentation, filled with more than 7,000 enterprises. 96% of these companies concentrate in the low-end to mid-end packaging machinery segment. During the five year period (2011-2015), the packaging machinery market posted stable growth, primarily bolstered by the economic trend and government policies. Growing demand from downstream markets, including food & beverage, pharmaceuticals, household chemicals, and cosmetics, has further aided the growth. 

VERBRUGGEN PALLETIZING SOLUTIONS ENTERED INTO PARTNERSHIP WITH CHINESE NINGBO DIAMOND PACKAGING

Dutch organization Verbruggen Palletizing Solutions announced that they entered a partnership with Chinese company Ningbo Diamond Packaging Technology and Manter International to launch a pilot pack house in China. Currently, in China, most agricultural products, like potatoes or onions, are transported in bulk instead of bags. When transported in bulk, generally 30% of the stock produced gets lost due to rot and bad treatment during transportation. If the goods, such as potato, onion, carrot, cabbage, and citrus, could be packed in bags and palletized, these losses would be prevented. Another advantage of packaging and palletizing, compared to transport in bulk, is that consumers can trace the origin of the product. Traceability is becoming more important in a market plagued by food scandals, and soil and water pollution.

NOTABLE MARKET DEVELOPMENTS

  • Emerging countries in Asia-Pacific, such as China, India, etc., are focusing on sustainable environment problems and the necessity to reduce packaging waste. Sustainability and the sustainable environment have become of prime importance for packaging service providers, as brand owners are constantly looking for solutions that could make their product eco-friendly. Due to increased demand for these packaging services, they are becoming more expensive, and the cost is eventually getting transferred to the consumer.

Our report on Asia-Pacific palletizer market covers the following

  • Asia-Pacific palletizer market trends & dynamics
  • Latest news in palletizer market
  • Porter’s five forces analysis
  • Investment scope
  • Deep-dive insights

1. INTRODUCTION

                1.1 KEY STUDY DELIVERABLES

                1.2 KEY STUDY ASSUMPTIONS

                1.3 MARKET DEFINITION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

                4.1 MARKET OVERVIEW

                4.2 MARKET DRIVERS

                4.3 MARKET RESTRAINTS

                4.4 INDUSTRY ATTRACTIVENESS- PORTER'S FIVE FORCES ANALYSIS

                                4.4.1 BARGAINING POWER OF SUPPLIERS

                                4.4.2 BARGAINING POWER OF CONSUMERS

                                4.4.3 THREAT OF NEW ENTRANTS

                                4.4.4 THREAT OF SUBSTITUTE PRODUCTS

                                4.4.5 COMPETITIVE RIVALRY WITHIN THE INDUSTRY

                4.5 VALUE CHAIN ANALYSIS

5. ASIA-PACIFIC PALLETIZER MARKET SEGMENTATION (REVENUE IN USD MILLION, 2016-2022)

                5.1 BY COUNTRY

                                5.1.1 AUSTRALIA

                                                5.1.1.1 BY END USER

                                                                5.1.1.1.1 FOOD & BEVERAGE

                                                                5.1.1.1.2 PHARMACEUTICAL

                                                                5.1.1.1.3 PERSONAL CARE/COSMETIC

5.1.1.1.4 CHEMICAL *(Kindly note that similar end-user segment coverage is provided for all other countries in the scope.)

                                5.1.2 CHINA

                                5.1.3 INDIA

                                5.1.4 INDONESIA

                                5.1.5 JAPAN

                                5.1.6 MALAYSIA

                                5.1.7 SINGAPORE

                                5.1.8 SOUTH KOREA

                                5.1.9 TAIWAN

                                5.1.10 THAILAND

6. COMPANY PROFILES

                6.1 CFT S.P.A

                6.2 GUANGZHOU TECH-LONG PACKAGING MACHINERY CO., LTD.

                6.3 SHANDONG SINOLION MACHINERY CORP.

                6.4 YUANXU PACKING MACHINERY

                6.5 FLEXLINK SYSTEMS, INC.

                6.6 LANGEN PACKAGING, INC.

                6.7 MURATA MACHINERY, LTD.

                6.8 BASTIAN SOLUTIONS, INC.

                6.9 PESTER PAC AUTOMATION GMBH

                6.10 MSK-COVERTECH, INC.

7. FUTURE OF PALLETIZER MARKET IN ASIA-PACIFIC

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