Global Pouch Equipment Market Size to Surpass US$ 4.9 Bn by 2032, Amid Growing Popularity of Pouch as a Preferred Packaging Format | Future Market Insights, Inc.
The U.S. pouch equipment market is expected to grow at a CAGR of 3.5% between 2022 and 2032, as per the FMI’s latest analysis. According to Future Market Insights, Germany’s pouch equipment market is expected to expand at a CAGR of 4.3% through 2032. Demand in the Germany market is driven by rising production and consumption of packaged food products and availability of advanced manufacturing technologies
NEWARK, Del, Aug. 12, 2022 (GLOBE NEWSWIRE) -- The global pouch equipment market size is anticipated to grow from *US$ 3 **Bn* in 2022 to *US$ 4.9 **Bn* by 2032, accelerating at a CAGR of 4.9% throughout the forecast period (2022-2032).Rising adoption of flexible packaging solutions like pouches, across various industries including food and beverages, cosmetics and personal care, pharmaceutical, and chemical is a key factor driving demand for pouch equipment in the market.
The pouch equipment is used to fill the pouches with products and also to seal them appropriately. They are mostly used across the food, pharmaceutical, cosmetic and chemical sectors due to their increasing plus points such as high degree of automation, one-stop service, and cost-effective and customizable features.
Pouch equipment is used for a variety of functions that includes forming pouches, filling pouches, and sealing and packing them. Pouch equipment plays a key role in assuring product safety at all parts of the supply chain.
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Pouches are lighter in weight than other traditional packing products such as metal cans, and jars, which helps in reducing overall transportation costs. The above-mentioned factor has forced manufacturers to switch to pouch as the preferred packaging format. Driven by this, sales of pouch equipment are likely to grow at a steady pace over the next decade.
*Key Takeaways from Global Pouch Equipment Market*
· By machine type, fully automatic segment is expected to grow at 4.7% CAGR through 2032.
· Based on end-use industry, the food and beverage segment is likely to expand at 4.2% CAGR during the forecast period, accounting for the largest market share of 44% in 2022.
· The U.S. pouch equipment market is anticipated to grow at 3.5% CAGR over the next ten years.
· India will emerge as the fastest growing market for pouch equipment, accelerating at 6.2% through 2032.
· The pouch equipment market in China is expected to surge at 5.6% CAGR between 2022 and 2032.
*“Increase in Adoption of Automated Pouch Equipment by Food & Beverages Manufacturers Will Act as a Catalyst for Driving Global Sales of Pouch Equipment Across all Parts of the World.”- says FMI analyst *
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*Automatic Pouch Equipment Trending Across the Globe*
Pouch equipment can be designed with an inline process or a circular layout. Automatic pouch equipment is becoming popular today for its ease of use and simplicity which is the major trend in this market.
Pouches are very easy to use and a very demanding product for the consumers. As they are very flexible and trendy to carry, they have become a trend among all the consumers. This is expected to bolster the demand for pouch equipment during the forecast period.
Pouch equipment is used to manufacture pouches which have widened applications such as snacks, detergent powders and cosmetics, etc. It also helps assuring airtight packing to avoid contamination of products. This equipment helps in convenient and innovative options for packaging consumer goods as well as industrial goods.
*Who is **Winning**?*
Some of the leading players pouch equipment manufacturers include Coesia SpA, Massman Automation Design, LLC, PFM Packaging Machinery , Volpak, VELTEKO CZ sro, SN Maschinenbau GmbH, Suvi Packaging Machine, Adelphi Group, Rezpack Machinery Inc., Topack Co. Ltd and others.
The market is expected to observe a strong competition due to increasing number of market participants across various nations. In order to capitalize and improve their revenue share, these players are using strategies such as new product launches, partnerships, acquisitions, mergers, and strengthening of distribution channels.
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*Global Pouch Equipment Market by Category*
*By Machine Type:*
· Manual packaging
· Semi-Automatic Packaging
· Fully Automatic Packaging
*By Pouch Type:*
· Stand up Pouches
· Flat Pouches
· Vacuum Pouches
*By Orientation:*
· Horizontal
· Vertical
*By End-Use Industry:*
· Food & Beverage
· Cosmetic & Personal Care
· Pharmaceutical
· Chemicals
· Others (Homecare, etc.)
*By Region:*
· North America
· Latin America
· Europe
· South Asia
· East Asia
· Middle East & Africa
· Oceania
*Pouch Equipment Market Report*
Future market insights, in its new report, offers an unbiased analysis of the global market for pouch equipment market by machine type (manual, semi-automatic and fully automatic), pouch type (stand up pouches, flat pouches and vacuum pouches), by orientation (horizontal, vertical) by end-use industry (food & beverage, pharmaceutical, chemicals, cosmetics, etc.) across seven regions.
*Table of Content*
*1. Executive Summary*
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Analysis and Recommendations
*2. Market Overview*
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
*3. Market Background*
*4. Global Pouch Equipment Market Analysis 2015-2021 and Forecast, 2022-2032*
To be continued…!
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