Suppliers for Packaging Machines & Goods

The following page displays suppliers in India for Packaging Machines & Goods. Connect2India filters Indian suppliers on the basis of their products, city, year and other available parameters. You can Find Indian suppliers via our search page. Packaging Machines & Goods and can further be categorized into different subcategories like Bulk Bags & Sacks , Plastic Containers & Bottles , Packaging, Laminated & Zip Bags , Packaging & Lamination Machinery , Form Fill & Seal Machines etc. Browse the page below to know about all the categories inside Packaging Machines & Goods and the products that falls within their respective categories.

Packaging Machines & Goods categories

Package machinery

Introduction

As the name suggests packaging machinery stands for the device majorly used for packaging of different products and components. With the assistance of packaging machinery facilitation of goods from small sachets to big cartons is possible. Although packaging machinery takes control over the temper resistance and ensures product safety.

Technology advancement and innovation aggressively contributed to the global packaging market. It is understood that packaging is one of the most strategic elements in the world of business. This element is expected to aid in consumer decision, as packaging is part of the company's offering.

Global Packaging Machinery Market Overview

In 2016 the Packaging Machinery Market was valued at around $39,647 million. Although the market is growing at CAGR of 6.7% to reach $62,063 million by 2023. With increasing applications of packaging machinery, the market has witnessed its usage expanding in no time. The segment is involved with many different industries across food and drink, healthcare, cosmetics, and other consumer goods as well as a range of industrial sectors. Not just that, it also contributes to the overall economy.

Market trends of packaging machinery:

Food and Beverage Expected to Hold Significant Market Share:

Paper packaging is known as the main asset of the food industry. It is environment-friendly and along with that it also provides convenience to consumers. All of them contribute that there is significant competition in the food and beverages market between those who provide quality products to the consumers. The food manufacturing companies are getting cautious about the packaging of products. Since, various ranges of packaging materials are available in the market for the fulfilment of diverse packaging needs, like corrugated boxes and cardboard boxes.

Also, there is fierce competition among quality product providers in the food market. Therefore, various manufacturers in the food market have been making and delivering high-quality products. There is also a significant increase in the number of hypermarkets and supermarkets. It is expected to be one of the key factors driving the growth of the paper and paperboard containers and packaging market in the upcoming years.

Many retail stores utilise packaging materials with the insight of preserving food and also to retain the nutritional value of food. Because of the increase in the number of consumers who purchase grocery items which includes frozen and chilled foods, it is expected that the market will propel in the coming future.

Now moving onto the regional food and beverage sector of the middle east region. The region acts as a significant driver for the adoption of paper packaging. According to Alpen Capital, local food consumption is expected to reach 51.9 million metric ton in 2019.

Packaging Machinery Market Growth Drivers:

Packaging market growth and expansion is based on these

The Growth of E-Commerce Sector.

The Sustainable Demand for Packaging from Pharmaceutical Industries.

The Need for Packaging in Cosmetics Coupled with Disposable Income Growth.

The Indian market for packaging machinery:

The packaging industry in India is considered very dynamic and almost influences all other industries directly or indirectly. The packaging industry nearly stood at $32 billion in 2015. They had been growing at a compound annualized growth rate (CAGR) of 15 per cent for the last five years. It is expected to continue growing at a CAGR of 13 to 15 per cent in the coming years. The Packaging Industry Association of India stated the packaging industry was the fifth-largest in the world in 2016.

Although, the following are the major factors that fuel industry growth:

  • The rise of the Indian middle class.
  • The growth of organized retail.
  • The rapid growth of exports.
  • India's e-commerce boom.

Thus, it is constructive to adopt better packaging methods, materials and machinery to ensure quality has become very important for any form of business. The Indian packaging industry almost constitutes close to 4 percent of the global packaging industry.

Manufacturers of the packaging machinery and materials in India can acquire demand for their products. Even though many industries are associated with the packaging industry but the demands mostly came from the food processing and pharmaceuticals sectors. There is about 45 per cent of the packaging machinery and materials produced is majorly absorbed by the food processing sector alone and 25 per cent by the pharmaceuticals sector, in the end,10 per cent each by the personal products, tea and coffee. Now moving onto the industrial products. India's imports of packaging equipment in a current scenario stand at over $130 million a year.

Manufacturers and Suppliers of India

It is estimated that there are between 600 and 700 packaging machinery manufacturers in India. And out of which 85 to 90 per cent are from small and midsize companies. Although with the growing demand for packaging, the industry is gearing itself to adopt scientific and functional packaging for effective outcomes and requirements. These are the three specific segments that can be identified for opportunities in the packaging equipment market in India:

First, the unorganized sector, which creates an outlook of the largest opportunity. Given increasing quality consciousness among consumers, the industry is on the rise. The cost of equipment and upgrades hold the key to success in this segment.

Second, are the large companies who are primarily known as multinational corporations. They are guided in the choice of such equipment by the global policies and standardization of their parent companies.

Third, the organized segment. The organised segment caters to the major food and pharmaceutical companies. It is conscious of quality and the ability to produce various packaging products, thereby enabling them to tap a larger market.

Key Benefits for Packaging Machinery Market

Following are the major benefits of the packaging machinery market:

  • Global packaging machinery market along with current trends and future estimations to identify potential investment pockets for stakeholders.
  • It also provides information regarding the key drivers, restraints, and opportunities along with their impact analysis.
  • Porter's Five Forces analytical model enlighten us with the competitiveness of the market. By analysing various parameters such as the threat of new entrants, threat of substitutes, the strength of the buyers, the strength of the suppliers, and the degree of competition.
  • A quantitative analysis of the current market and estimations from 2016 to 2023 has been provided to highlight the financial competency of the market.

Packaging Machinery Market Key Segments

The global packaging machinery market is segmented based on type, end-user industries, and geography.

By Type
  • Filling Machines
  • FFS (Form, Fill and Seal) Machines
  • Cartoning Machines
  • Palletizing Machines
  • Labelling Machines
  • Wrapping Machines
  • Cleaning & Sterilizing Machines
By End-user
  • Food & Beverage
  • Pharmaceutical
  • Chemicals
  • CosmeticsOthers (Electronics, industrial)
  • Others (Electronics, industrial)

Scope of the Market:

With increasing domestic consumption and high potential, India emerges as one of the prime destinations for plastics companies and downstream players worldwide. There is a huge investment in the Indian food processing, personal care and pharmaceuticals industries create significant scope for expansion and development of the Indian packaging industry.

What the numbers say

2.5 Billion+
Trade Data Stats


7.5 Million+
Listed Businesses


1.3 Million+
Unique Business Visitors / Month


8900+
Global Opportunities / Month

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