Market Share of Global Packaging Machinery Industry
The packaging machinery market is moderately competitive, with several local and international players active. The majority of the vendors operate in the market through partnerships with local players. With the Market expected to broaden and yield more opportunities, more players will enter the market soon. Key players operating in the market include Robert Bosch Gmbh, Coesia S.p.A, Krones Inc., etc. The recent developments in the market are -
- April 2022 - MULTIVAC announced the launch of its W 500 onto the Market as a universal flow packing solution. The product offers a high flexibility for packing a wide range of food products. This product can be used as a stand-alone solution, or it can be integrated into an automated line as well. With the addition of the new W 500 horizontal flow packer, the company is focusing on expanding its equipment range to a new area of application.
Packaging Machinery Market Leaders
Robert Bosch GmbH
Coesia S.p.A.
Krones Inc.
Tetra Pak International S.A
Graphic Packaging International, LLC
*Disclaimer: Major Players sorted in no particular order