Market Overview:
The global bagging equipment market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for packaged food and beverages, pharmaceuticals, and other products. Additionally, the growing trend of automation in various industries is also propelling the growth of the global bagging equipment market. Based on type, the manual bagging equipment segment accounted for a major share of the global bagging equipment market in 2017. However, automatic and semi-automatic bagging equipment segments are projected to grow at a higher CAGR during the forecast period owing to their high efficiency and accuracy levels as compared to manual bags filling systems. Based on application, food & beverages segment held a dominant position in 2017 and is projected to maintain its dominance during 2018-2030 owing to rising demand for processed foods across regions worldwide.
Product Definition:
Bagging equipment is a type of machinery that is used to pack products into bags. This can be done in a variety of ways, including by using a bagging machine or by hand. The importance of bagging equipment lies in the fact that it can greatly speed up the packing process, making it more efficient.
Manual Bagging Equipment:
Manual bagging equipment is used to fill and close plastic pouches or bags. The manual process of filling and closing the pouches or bags is known as “manual bagging”. This type of packaging machine has a single pouch or bagger which can be operated by hand; it does not have any automated mechanism like semi-automatic, automatic baggers do have.
Automatic Bagging Equipment:
Automatic Bagging Equipment is used in food & beverage industry for packaging of products such as vegetables, fruits, meat and others. It is also used in pharmaceutical industry for packaging of drugs. Automatic Bagging Equipment consists of conveyor system, filling machine and sealer which are operated by Programmable Logic Controller (PLC). The main function performed by this equipment includes removal of air from between product layers so that it can be packed more efficiently and also to avoid contamination.
Application Insights:
The food and beverage application segment accounted for the largest market share in 2017. The segment is projected to expand further at a steady CAGR owing to rising demand for packaged foods, including snacks and ready-to-eat meals, from various end-use industries. Rising disposable income levels coupled with increasing spending on convenience foods is expected to drive the demand for packaging equipment over the forecast period.
The pharmaceuticals application segment was valued at USD 1,227.5 million in 2017 owing to high product usage in packaging drugs that are sold through pharmacies, supermarkets and e-commerce platforms globally. In addition, stringent regulations regarding drug transportation by air across various regions is anticipated to boost industry growth over the coming years as it provides efficient packaging solutions while shipping drugs internationally or within countries via air cargo shipments.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for packaging machinery from various industries, such as food & beverage, pharmaceuticals, and other. China is one of the largest markets in Asia Pacific due to presence of numerous manufacturers coupled with cheap labor cost.
Europe accounted for a significant share owing to high product adoption by major end-use industries including aerospace and defense, apparel & accessories, food & beverage sector among others. Growing demand for premium quality products coupled with rising health awareness among consumers has increased consumer preference toward packaged foods which has further boosted regional market growth over the forecast period.
The Middle East & Africa region is anticipated to witness substantial growth during the forecast years on account of growing investments by foreign players in this industry along with favorable government policies supporting manufacturing activities within country’s borders (UAE).
Growth Factors:
- Increasing demand for packaged food products
- Rising disposable income of consumers in developing countries
- Technological advancements in bagging equipment
- Growing popularity of automated bagging equipment
- Expansion of the retail sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Bagging Equipment Market Research Report
By Type
Manual Bagging Equipment, Automatic Bagging Equipment, Semi-Automatic Bagging Equipment
By Application
Food & Beverages, Pharmaceuticals, Aerospace And Defense, Apparel And Accessories, Other
By Companies
Automated Packaging System, Rennco, Innovative Packtech Machines, Techno Weigh Systems, POWERVAC, E-Pak Machinery, Automated Packaging System
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Bagging Equipment Market Report Segments:
The global Bagging Equipment market is segmented on the basis of:
Types
Manual Bagging Equipment, Automatic Bagging Equipment, Semi-Automatic Bagging Equipment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Pharmaceuticals, Aerospace And Defense, Apparel And Accessories, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Automated Packaging System
- Rennco
- Innovative Packtech Machines
- Techno Weigh Systems
- POWERVAC
- E-Pak Machinery
- Automated Packaging System
Highlights of The Bagging Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manual Bagging Equipment
- Automatic Bagging Equipment
- Semi-Automatic Bagging Equipment
- By Application:
- Food & Beverages
- Pharmaceuticals
- Aerospace And Defense
- Apparel And Accessories
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bagging Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bagging equipment is a machine that helps to pack products for shipping. The machine uses a series of straps and hooks to tightly seal the product in a bag.
Some of the major players in the bagging equipment market are Automated Packaging System, Rennco, Innovative Packtech Machines, Techno Weigh Systems, POWERVAC, E-Pak Machinery, Automated Packaging System.
The bagging equipment market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bagging Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bagging Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bagging Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bagging Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bagging Equipment Market Size & Forecast, 2020-2028
4.5.1 Bagging Equipment Market Size and Y-o-Y Growth
4.5.2 Bagging Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Manual Bagging Equipment
5.2.2 Automatic Bagging Equipment
5.2.3 Semi-Automatic Bagging Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food & Beverages
6.2.2 Pharmaceuticals
6.2.3 Aerospace And Defense
6.2.4 Apparel And Accessories
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bagging Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bagging Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Manual Bagging Equipment
9.6.2 Automatic Bagging Equipment
9.6.3 Semi-Automatic Bagging Equipment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food & Beverages
9.10.2 Pharmaceuticals
9.10.3 Aerospace And Defense
9.10.4 Apparel And Accessories
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Manual Bagging Equipment
10.6.2 Automatic Bagging Equipment
10.6.3 Semi-Automatic Bagging Equipment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food & Beverages
10.10.2 Pharmaceuticals
10.10.3 Aerospace And Defense
10.10.4 Apparel And Accessories
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Manual Bagging Equipment
11.6.2 Automatic Bagging Equipment
11.6.3 Semi-Automatic Bagging Equipment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food & Beverages
11.10.2 Pharmaceuticals
11.10.3 Aerospace And Defense
11.10.4 Apparel And Accessories
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Manual Bagging Equipment
12.6.2 Automatic Bagging Equipment
12.6.3 Semi-Automatic Bagging Equipment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food & Beverages
12.10.2 Pharmaceuticals
12.10.3 Aerospace And Defense
12.10.4 Apparel And Accessories
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Manual Bagging Equipment
13.6.2 Automatic Bagging Equipment
13.6.3 Semi-Automatic Bagging Equipment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food & Beverages
13.10.2 Pharmaceuticals
13.10.3 Aerospace And Defense
13.10.4 Apparel And Accessories
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bagging Equipment Market: Competitive Dashboard
14.2 Global Bagging Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Automated Packaging System
14.3.2 Rennco
14.3.3 Innovative Packtech Machines
14.3.4 Techno Weigh Systems
14.3.5 POWERVAC
14.3.6 E-Pak Machinery
14.3.7 Automated Packaging System
