Market Trends of Case Packaging Machinery Industry
This section covers the major market trends shaping the Case Packaging Machinery Market according to our research experts:
Food and Beverages Segment is Expected to Drive the Market in the Forecast Period
- Case packaging machinery serves in the industry for the secondary or outer packaging of goods. Case packaging adds an extra layer of protection and makes storing and transporting items more accessible. Technological advances in factory automation have contributed significantly to the development and growth of various carton packaging machines.
- Growing demand in the food and beverage industry drives the market studied. Moreover, the increasing popularity of robotic packaging is expected to take over other traditional case packaging machines over the next five years.
- The use in food packaging applications is increasing as many robots adhere to IP69K construction standards for sanitation. According to PMMI's recent robot report, '2022 Robots and Cobots An Automated Future,' the primary packaging applications for which robots are being used are for following the IP69K construction standards for sanitation.
- Companies are focused on launching new innovating case packaging solutions as part of their business expansion. For instance, in September 2022, Brenton launched a new continuous motion side-load case packer aimed at customers peeking to pack between 30 and 50 cases per minute. The company showcased its new case packer at PACK EXPO 2022 at McCormick Place in Chicago. The company claims to be one of the leaders in designing and manufacturing integrated end-of-line packaging systems and machines, specializing in case packing and palletizing using robotics and other automation.
- Further, as per ITC reports, in 2021, the imports of beverages were recorded at around USD 141.3 billion, a 17% rise in imports from the previous year, 2020, which was valued at about USD 120.75 billion. The increase in imports signifies the rising demand for beverages. The increasing beverage demands may increase secondary packaging, where case packaging is preferred majorly, thereby raising the demand for case packaging machinery.
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Asia-Pacific to Witness Significant Growth in the Forecast Period
- Asia-Pacific is expected to witness the highest growth rate in the adoption of case packaging machinery in the packaging industries. The growing population, rising disposable income, and the expansion of the food and beverage industry contribute to the growth of the market in the region.
- Further, the market in the region has grown due to recent changes in rising economies like China and India. An increase in demand for food and beverage goods and pharmaceuticals and the arrival of several regional and international case packer manufacturers are driving the market's growth in India and China.
- Furthermore, in the Asia Pacific, a growing professional base is also anticipated to boost the demand for case packers. The expansion of the packing machinery industry in India, the low price of case packers provided by regional manufacturers, and the strong demand for case packers in small-scale enterprises operating in the area can all be attributed to the consistent growth of the Asia-Pacific market. To generate income, case packer makers in India predominantly import robotic pick and place components from China and Japan.
- Moreover, Japan is also one of the significant countries in the region where the case packaging machinery is increasing adoption rates. Hence, the country is also anticipated to witness considerable growth rates as economic powerhouses look to double their production output.
- For instance, according to JPI, the production of case landing and case gluing machines in 2021 was valued at around JPY 21.2 billion (USD 0.152 billion), a 0.95% rise from the previous year, 2020, which recorded JPY 21 billion (USD 0.15 billion). The considerable growth in the machinery production value is anticipated to drive the country to recognize the importance of the equipment and enhance the adoption rates in the country.
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