End-of-line Packaging Market Size, Share, Growth, Forecast 2030

End-of-line Packaging Market

End-of-line Packaging Market By Technology (Automatic, Semi-automatic), By Functionality (Palletizing, Carton Erecting Packing & Sealing, Stretch Wrapping, Labelling), By End-use Industry (Food & Beverages, Pharmaceutical, Electronics & Semiconductor, Automotive, Others (Chemical Products and Consumer Products)), By Order type (Customized, Standard), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028

Category: Packaging Report Format : PDF Pages: 169 Report Code: ZMR-279 Published Date: Mar-2022 Status : Published
Market Size in 2021 Market Forecast in 2028 CAGR (in %) Base Year
USD 4821.5 million USD 6136 million 4.1% 2020

End-of-line Packaging Market: Industry Prospective

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.

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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.

End-of-line Packaging Market: Overview

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.

COVID-19 Impact:

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.

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End-of-line Packaging Market: Growth Drivers

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.

End-of-line Packaging Market: Restraints

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.

Global End-of-line Packaging Market: Segmentation

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.

Recent Developments

  • In April 2021 – Pacteon Company a known name in the packaging automation industry announced the acquisition of Phoenix Wrappers Company based in Quebec, Canada. This will expand Pacteon’s packaging line integration capabilities of stretch wrapping technology.

End-of-line Packaging Market: Report Scope

Report Attributes Report Details
Report Name End-of-line Packaging Market Research Report
Market Size in 2022 USD 4821.5 Million
Market Forecast in 2030 USD 6136 Million
Growth Rate CAGR of4.1%
Number of Pages 210
Key Companies Covered 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
Segments Covered By Functionality,By Order Type, By End User, By Technology and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2020
Historical Year 2016 to 2020
Forecast Year 2021 - 2028
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

End-of-line Packaging Market: Competitive Landscape

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..

End-of-line Packaging Market: Regional Landscape

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.

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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.

End-of-line Packaging Market: Competitive Analysis

The global End-of-line Packaging market is dominated by players like:

  • 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:

By Technology

  • Automatic
  • Semi-automatic

By Functionality

  • Palletizing
  • Carton Erecting Packing & Sealing
  • Stretch Wrapping
  • Labeling

By Application

  • Food & Beverages
  • Pharmaceutical
  • Electronics & Semiconductor
  • Automotive
  • Others (Chemical Products and Consumer Products)

By Order type

  • Standard
  • Customized

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

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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