Adoption of Smart Technologies in Packaging Industry!

Our lifestyle has drastically changed over the past few years. The rising awareness regarding the retention of product quality as well as sustainable packaging has become the topmost priority of the manufacturers and consumers as well.  It has augmented the demand for convenient ready-to-eat meals, thus, stimulating the demand for sturdy packaging. 

When we talk about the packed food and beverage sector, they have been the leaders in the market; encouraging the other industries to adopt these measures to preserve and maintain the quality of products.

Today, the global market of packaging machines is witnessing a gradual rise in the adoption of smart technologies. Automated packaging machines provide enhanced productivity of the several processes and operations by adopting smart methodologies:

• IOT technology,
• Smart sensors, and
• Programmed functioning.

There are several aspects that lead to the global expansion of the packaging market:

• Rise in demand
• Heightened sustainability concerns
• High demand for flexible packaging
• Need for smart packaging for pre-cooked food
  

“The filling as well as dosing machinery forms the leading machinery group hovering around 20.7 percent of the total market, while labeling, coding and decorating machinery forms the second largest group with 12.6 percent of the overall market.”

With packaging machines, the manufacturers ensure the product’s longevity as well as durability during the transit. 

The urbanization has also been a driving factor for the growth in the packaging machines market in the upcoming years.  Accutek Packaging Equipment Companies, Inc. provides a high-quality, easy-to-use, complete line of packaging equipment to support the operations and growth of our customers’ unique products while supplying our equipment free of deficiencies, and in a timely manner. As an automated packaging machine not only help in saving the industries from hiring an army of the workforce but also provides efficient output in comparatively less time.

Sealer Machines - Contemporary Packaging Machines!

The market is chiefly driven by increasing demand of automated equipments to enhance efficiency, increase the speed, and reduce the chances of even minute errors.

“In 2016, the market size of packaging machinery was valued at approximately $39.647million. It continues to grow at a CAGR of 6.7 percent and is expected to reach $62,063 million by 2023.”

 

Over the last few decades, packaging machinery has witnessed a significant increase. The factors owing to this adoption rate is an increase in the application of packaging equipments in a diverse range of industries like-

•     Food and drinks
•     Healthcare
•     Cosmetics, and
•     Other consumer goods.

The packaging industry has become an essential wing of any sector, hence becoming an amplified global economy. The packaging machinery is used for a wide variety of operations that include

•     Canning
•     Packing
•     Bottling
•     Sealing
•     Lidding
•     Encoding, and many more.

The aspects that drive the demand for packaging machinery is driven mainly by-

•     Increasing consumer goods demand,
•     Development of energy efficient machines, and
•     Increased adoption of automated packaging machines.

The Modern automated packaging machines such as sealer machines are used in an industry to ensure that the packaging and product sealing tasks are performed in just a few minutes rather than hours. These machines play a major role in certifying product safety throughout the supply chain.

 

The sealer machines in the packaging market have now become an essential function of a product’s marketing mix.

“As per the statistics, the food and beverage industries account for more than 50 percent and 69 percent (respectively) of the global consumer packaging industry.”

With the rise in the need for automated solutions in various industries vertical, the application of the packaging machinery has gained significant popularity. Nowadays, the industries adopt automated sealer machines to deliver high-quality products-

•     Increase manufacturing capabilities
•     Have better customer service
•     Manage processes efficiently.

The factors, as mentioned earlier, encourage the industries to go for automated as well as flexible packaging machinery to gain better results.

F&B Segment Driving Growth of Vacuum Filling machines!

Growing urbanization and health consciousness are the two common factors that are cumulatively contributing to a considerable increase in the consumption of packed ready-to-eat food. In turn, these factors are playing a significant role in the rise of application of vacuum filling machines in the F&B industry.

“In 2017, the Global Packaging Machinery Market was valued at US$12.37 Billion, and the same is expected to reach US$ 20.1 Billion by 2026. “

Over the recent year, the food and beverage industry is rapidly transforming into the high-volume sector. “As per a BCC Research Analyst, recently, various technologies are being used to meet the standard requirements of food safety and consumer demand.”

The Food and Beverage industry is emerging as:

• High-growth,
• High-profit and,
• Potential Industry.

“The global food and beverages market revenue is expected to rise at a rate of 5.9% by 2022 to reach $22,166.8 Million. Food and Beverage is projected to hold the largest share in the global packaging machinery market. ”

 “On the basis of region, it is estimated that North America holds the largest share in the global packaging machinery; owing to the presence of major manufacturers.” The global tremendous growing demand for smart packaging is anticipated to boost the packaging machinery market growth in the coming 4-5 years. “The worldwide growth in demand for packaging machinery is expected to scale up annually by 4.6 percent.” Rise in the preference of the consumers towards the packed foods is a major factor which will be driving the growth of global packaging machinery in the future. Nowadays, vacuum filling machines are equipped with advanced features that offer:

• High-efficiency.
• Reduced Labor Cost,
• Optimal use of raw materials and,
• High-quality and finished output.

The food processing and packaging technology focuses on:

• Retaining maximum nutrients,
• Increasing the shelf life of food, and
• Maintaining the quality of food.

Apart from the Food and Beverage industry, the personal and cosmetic segment is also estimated to drive the global packaging machinery market.

In the U.S. Accutek Packaging Equipment Companies, Inc. is one of the largest privately held packaging machinery manufacturers that aim to provide a high-quality as well as an easy-to-use, complete line of packaging equipment in a timely manner.

Rapid Industrialization Fueling the Vacuum Packaging Market!

Increasing consumer goods demand and adoption of automated packaging machines; are the two significant factors which have led to the development of energy efficient machines. The other key aspect that drives the packaging market is the increased demand for packaging robots from several industries. “In 2016, the size of packaging machines was valued at $39,647 million which still growing at CAGR of 6%. It is estimated that by 2023 this market will reach up to $62,063 million.”

The classification of the global packaging machinery is done on the basis of:

• Machine type,
• End-user industries, and
• Geography.

Based on the machine type, the packaging machinery industry is classified as filling machines:

• FFS (form, fill and seal) machines
• Palletizing Machines
• Labeling Machines
• Wrapping Machines
• Cleaning & sterilizing machines.

Amongst all, “filling machines are the most dominant machine type accounting for about 37% of the overall market in 2016.” Based on industries, the global packaging machinery market is classified into food & beverage, chemicals, pharmaceuticals, cosmetics and so on. “The F&B segment dominates the market and is expected to grow at a CAGR of 6.6% in the coming years.”

Flexible Vacuuming Technique

An increase in the consumption of processed food and its convenience has been the major driving factors that accelerated the demand for packaging. Ease of handling, flexibility, longer shelf life and portability increased the popularity of packed food and beverages. Vacuuming technique fulfills all these criteria and plays an important role throughout the supply chain.

“As per a survey, by 2022, the global vacuum packaging market is expected to reach over USD 30 billion at an estimated CAGR by 4%.” “In the next seven years, the demand for hygienically packed food is expected to propel the demand of vacuum filling machines.” Because, vacuum packing ensures hygiene, safety, and freshness of the product for a longer duration.

Segmentation of Vacuum Filling Machines

The packaging material is an essential aspect of the growth of vacuum packaging market. Based on material, the market is segmented as

• Polyethylene,
• Polyamide,
• Ethylene, and
• Vinyl alcohol.

Amongst which “polyethylene holds maximum share in the global vacuum packaging industry. By 2020, it is expected to reach over USD 12 billion.”

Rapid industrialization and increased population are some of the factors which are expected to fuel packaging market over the forecast period. Flexible packing is mostly used for packaged food and beverages. The market of packaging machinery is expected to grow in proportion with the growth of food and beverage packaging industry.