The global end-of-line packaging market was worth around USD 4821.5 million in 2021 and is estimated to grow to about USD 6136 million by 2028, with a compound annual growth rate (CAGR) of approximately 4.1 percent over the forecast period.
The global end-of-line packaging market was worth around USD 4821.5 million in 2021 and is estimated to grow to about USD 6136 million by 2028, with a compound annual growth rate (CAGR) of approximately 4.1 percent over the forecast period. The report analyzes the end-of-line packaging market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the end-of-line packaging market.
Automation has been a major trend in the industrial sector over the past few years and this trend is only expected to be further bolstered over the forecast period and predicted to drive end-of-line packaging market potential as well. End-of-line packaging systems are crucial in skilled labor management and are responsible for the manufacturing of products at a faster rate and hence increasing the productivity of the global industry.
End-of-line packaging is crucial in an industrial environment and boosts the productivity of the company, hence this factor is expected to major boost end-of-line packaging market growth through 2028. High costs and low adoption in emerging economies are expected to restrain end-of-line packaging market growth over the forecast period.
Shuttered industries and manufacturing facilities in 2020 had a major negative impact on the end-of-line packaging marketplace and resulted in a downfall in the growth trend. The COVID-19 pandemic restrictions made it extremely difficult for end-of-line packaging companies to operate at regular capacity and faced many challenges such as lack of raw materials, disrupted demand, supply chains, etc. The drop in sales of packaged goods had an adverse impact on the global packaging market growth.
The end-of-line packaging market growth is expected to make a steady comeback over the forecast period and is expected to see a robust increase in demand owing to the rising popularity of automation in multiple end-use verticals.
As lockdown restrictions are lifted and manufacturing and production activities resume to their full capacity the end-of-line packaging market growth is anticipated to rise at a steady pace in the post-pandemic era.
The promise of Cost-efficiency to Drive End-of-line Packaging Demand
End-of-line packaging enables automation and increases the overall productivity of the company by reducing delivery time. Deployment of end-of-line packaging systems also allows the facilities to employ skilled laborers for other valuable tasks that require more human input and hence increase the overall efficiency of the workforce. The increased use of technologies like AI, deep learning, industrial automation, machine vision, etc., is also expected to favor end-of-line packaging market growth through 2028.
Lack of Developed Manufacturing Infrastructure and High Costs of Automation to Hinder Market Growth
End-of-line packaging market growth is anticipated to be hindered by the high costs of automated solutions in the packaging industry. Packaging infrastructure has not developed with increasing technological advancements and this has hampered the overall market potential. Especially in low-income economies where spending potential is limited, the adoption of end-of-line packaging is expected to be constrained and have a hampering effect on the global end-of-line packaging market growth over the forecast period.
The global end-of-line packaging market is segregated based on technology, functionality, order type, end-use industry, and region.
By technology, the market is divided into automatic and semi-automatic. The automatic segment is expected to have a bright outlook over the forecast period. The increasing use of automation in the packaging industry and the rising popularity of industry 4.0 trends are major factors that will favor the growth of this segment. The semi-automatic segment is also expected to see an increase in popularity in low-income nations with less spending potential.
By end-use industry, the end-of-line packaging market is segmented into food & beverages, pharmaceutical, electronics & semiconductor, automotive, and others (chemical products and consumer products). Increasing consumption of food and beverage products is expected to drive demand for end-of-line packaging in this industry vertical and the growing population is expected to further bolster the end-of-line packaging market growth. Adoption of end-of-line packaging systems in the pharmaceutical, automotive, electronics, and semiconductor industry verticals is also expected to see a rise in pace by the end of the forecast period.
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Asia Pacific region is anticipated to hold a dominant market share over the forecast period and is projected to emerge as the most lucrative region for end-of-line packaging market growth through 2028. Increasing industrialization, favorable government policies, low cost of manufacturing, and high demand for packaging solutions are expected to be major factors influencing the end-of-line packaging market potential over the forecast period. The extremely lucrative manufacturing sector in China is anticipated to provide the most beneficial setting for end-of-line packaging market growth.
The European end-of-line packaging market is also predicted to have a bright outlook through 2028 and majorly the market in this region is expected to be driven by Germany where automation is trending and hence emerging as a leading market for end-of-line packaging. Moreover, the presence of key end-of-line packaging players in Europe is also expected to boost end-of-line packaging market growth through 2028 in this region.
Some of the main competitors dominating the global end-of-line packaging market include - Bosch Packaging Technology, Krones AG, Optima Packaging Group GmbH, Pro Mach Inc., Gebo Cermex, and IMA S.p.A., Festo Corporation, Combi Packaging Systems LLC, DS Smith plc, Schneider Packaging Equipment..
The global end-of-line packaging market is segmented as follows:
List of Figures
1. Market research process
2. Market research methodology
3. Global end-of-line packaging market revenue, 2015 – 2024 (USD Million)
4. Porter’s five forces analysis
5. End-of-line Packaging market attractiveness analysis, by technology segment
6. End-of-line Packaging market attractiveness analysis, by function segment
7. End-of-line Packaging market attractiveness analysis, by order type segment
8. End-of-line Packaging market: market attractiveness analysis, by end user segment
9. End-of-line Packaging market: market attractiveness analysis, by regional segment
10. Company market share analysis, 2017
11. Global end-of-line packaging market revenue share by technology, 2017 and 2024
12. Global end-of-line packaging market for automatic market, 2015 – 2024 (USD Million)
13. Global end-of-line packaging market for semi-automatic market, 2015 – 2024 (USD Million)
14. Global end-of-line packaging market revenue share by function, 2017 and 2024
15. Global end-of-line packaging market for standalone market, 2015 – 2024 (USD Million)
16. Global end-of-line packaging market for integrated market, 2015 – 2024 (USD Million)
17. Global end-of-line packaging market revenue share by order type, 2017 and 2024
18. Global end-of-line packaging market for standard market, 2015 – 2024 (USD Million)
19. Global end-of-line packaging market for customized market, 2015 – 2024 (USD Million)
20. Global end-of-line packaging market revenue share by end user, 2017 and 2024
21. Global end-of-line packaging market for pharmaceuticals market, 2015 – 2024, (USD Million)
22. Global end-of-line packaging market for food and beverages market, 2015 – 2024, (USD Million)
23. Global end-of-line packaging market for automotive market, 2015 – 2024, (USD Million)
24. Global end-of-line packaging market for chemical market, 2015 – 2024, (USD Million)
25. Global end-of-line packaging market for electronics market, 2015 – 2024, (USD Million)
26. Global end-of-line packaging market for semiconductor market, 2015 – 2024, (USD Million)
List of Tables
1. End-of-line Packaging market: market snapshot
2. Drivers of global end-of-line packaging market: impact analysis
3. Restraints of global end-of-line packaging market: impact analysis
4. North America end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
5. North America end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
6. North America end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
7. North America end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
8. U.S. end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
9. U.S. end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
10. U.S. end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
11. U.S. end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
12. Canada end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
13. Canada end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
14. Canada end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
15. Canada end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
16. Mexico end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
17. Mexico end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
18. Mexico end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
19. Mexico end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
20. Europe end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
21. Europe end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
22. Europe end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
23. Europe end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
24. U.K. end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
25. U.K. end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
26. U.K. end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
27. U.K. end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
28. Germany end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
29. Germany end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
30. Germany end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
31. Germany end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
32. France end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
33. France end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
34. France end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
35. France end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
36. Spain end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
37. Spain end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
38. Spain end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
39. Spain end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
40. Italy end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
41. Italy end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
42. Italy end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
43. Italy end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
44. Asia pacific end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
45. Asia pacific end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
46. Asia pacific end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
47. Asia pacific end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
48. China end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
49. China end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
50. China end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
51. China end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
52. Japan end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
53. Japan end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
54. Japan end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
55. Japan end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
56. India end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
57. India end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
58. India end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
59. India end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
60. Southeast Asia end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
61. Southeast Asia end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
62. Southeast Asia end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
63. Southeast Asia end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
64. South Korea end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
65. South Korea end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
66. South Korea end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
67. South Korea end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
68. Latin America end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
69. Latin America end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
70. Latin America end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
71. Latin America end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
72. Brazil end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
73. Brazil end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
74. Brazil end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
75. Brazil end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
76. Middle East and Africa end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
77. Middle East and Africa end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
78. Middle East and Africa end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
79. Middle East and Africa end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
80. GCC Countries end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
81. GCC Countries end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
82. GCC Countries end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
83. GCC Countries end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
84. South Africa end-of-line packaging market revenue, by technology, 2015 – 2024 (USD Million)
85. South Africa end-of-line packaging market revenue, by function, 2015 – 2024 (USD Million)
86. South Africa end-of-line packaging market revenue, by order type, 2015 – 2024 (USD Million)
87. South Africa end-of-line packaging market revenue, by end user, 2015 – 2024 (USD Million)
End-of-line packaging for various industries helps to automate the final packaging before the products are transported for delivery or storage. Automation of the processes within machineries helps to increase the throughput of end-user industries to serve rapidly the increasing demand. Various end-of-line packaging solution providers have integrated automation to increase the throughput and operations of machines. Furthermore, increasing modernization of manufacturing facilities is expected to drive the global end-of-line packaging market growth over the forecast period.
Growing manufacturing sector with precise, efficient, and safe processes coupled with the growing adoption of automation is increasing the demand for end-of-line packaging. Enterprises with a profitable business are strategizing to decrease cost and achieve better bottom line. End-of-line packaging solutions eliminate the necessity to constantly search and provide training for new employees and allow employers to distribute existing workforce in more value-adding tasks, which can also decrease labor turnover. Manufacturers are majorly focusing on novel methods in packaging format, which are also cost-effective solutions. This is one of the major factors which would positively impact demand for customized integrated solutions and offer cost-effective solutions by decreasing labor costs along with modern end-of-line packaging.
Based on technology, the end-of-line packaging market is segmented into automatic and semi-automatic. On the basis of function, the market is segmented into standalone and integrated. The standalone segment is further divided into palletizing, carton erector, packing and sealing, stretch wrapping, labeling, and others. Based on the end user, the market is segmented into pharmaceuticals, food and beverages, automotive, chemical, electronics, and semiconductor.
Europe end-of-line packaging market is predicted to hold the highest market size in the global end-of-line packaging market over the forecast period. This trend is followed by the Asia Pacific and North America. Asia Pacific end-of-line packaging market is likely to experience the highest growth rate over the forecast timeframe. In emerging countries, demand for end-of-line packaging solutions is expected to account for steady growth mainly due to increasing demand for a high degree of automation across various end-use industries. Latin America and the Middle East and Africa are expected to witness less growth rate as compared to other regions.
Some of the key players operating in end-of-line packaging market include Pro Mach, Inc., IMA S.p.A., Bosch Packaging Technology, Krones AG, Schneider Packaging Equipment Co. Inc., DS Smith Plc., Festo Corporation, Combi Packaging Systems LLC, and Gebo Cermex. Industry players are mostly focusing on pitching their products, with the automated systems and robotics, along with developing innovative products and packaging solutions to gain revenue share and maintain their foothold in the market.
Increasing demand for automated packaging solutions and rising demand for cost-effective packaging solutions are trends that guide end-of-line packaging market growth.
According to the Zion Market Research report, the global end-of-line packaging market was worth about US$ 4821.5 million in 2021 and is predicted to grow to around US$ 6136 million by 2028, with a compound annual growth rate (CAGR) of around 4.1 percent.
The Asia Pacific region is anticipated to hold a dominant market share over the forecast period and is projected to emerge as the most lucrative region for end-of-line packaging market growth through 2028 as industrialization paces in this region and propels market growth.
Some of the main competitors dominating the global end-of-line packaging market include -- Bosch Packaging Technology, Krones AG, Optima Packaging Group GmbH, Pro Mach Inc., Gebo Cermex, IMA S.p.A., Festo Corporation, Combi Packaging Systems LLC, DS Smith plc, Schneider Packaging Equipment.
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