Bagging Equipment Market is Expected to Reach 4.1% CAGR by 2028 According to New Research Report

1. Bagging Equipment Market to Incur Rapid Extension at 4.1% CAGR during (2018-2028) Feb 2020 Report Id : REP-GB-9239 Published On : January-2020 Category : Packaging www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights

2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitiveframework,and future markettrends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing– the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Social Media Research Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

4. Bagging Equipment Market Analysis Bagging Equipment Market to Incur Rapid Extension at 4.1% CAGR during (2018-2028) Bagging equipment sales in 2018 closed in on US$ 28 billion, as indicated by a recent intelligence outlook presented by Future Market Insights (FMI). The global market revenue for bagging equipment will observe a moderate just-over 4% CAGR during 2018-2028, projects the report. Food Industry Registers Substantial Demand for Diverse Bagging Solutions Food & beverage industry, one of the most prominent areas driving economies in several regions, will remain the predominant contributor to the bagging equipment market growth. Growth in the consumption of processed and packaged foods over the recent past has been cited among the key drivers of bagging equipment market. The soaring demand for on-the-go food products from developed as well as emerging economies is expected to witness substantial growth, which in turn is expected to translate into high demand for efficient packaging solutions such as bagging equipment. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

5. Bagging Equipment Market Analysis Bagging Equipment Market: FMI’s Key Findings • Standalone bagging equipment is projected to create a high incremental opportunity during the forecast period. This can be attributed to the significant price difference between standalone bagging equipment and integrated bagging line. • Standalone bagging equipment, being more economical, will witness growing preference from small- scale manufacturers, particularly in emerging economies. • Automatic bagging equipment extends a prominent share to the global bagging equipment market, as automation is increasingly being adopted in the packaging industry. • Capacity-wise analysis of bagging equipment market reveals that those within the range of 1001–2000 bags/hour will be a prominent segment through 2028. • Vertical baggers are the more preferred variant in the bagging equipment industry, which can be attributed to the fact that multiple bagging styles can be processed by these bagging equipment. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

6. Bagging Equipment Market Analysis Asia-Pacific to Offer Substantial Growth Opportunities to Bagging Equipment Market The Asia Pacific bagging equipment market is expected to be driven by the strong export orientation and manufacturing capabilities of China and India. Increasing consumption at a consumer level is anticipated to escalate the demand for food service disposables in the region, which is expected to ultimately drive high demand for bagging equipment in export-led economies. Moreover, growth of the manufacturing sector is expected to further propel the demand for bagging equipment in the region. One of the key reasons for growth in manufacturing activities is government support towards localizing manufacturing through various incentives and regulations. Bagging Equipment Market: Competition Landscape Major participants in the global bagging equipment market include Robert Bosch GMBH, All-Fill Incorporated, Tokyo Automatic Machinery Works Ltd, I.M.A. Industria Macchine Automatiche SpA, PAYPER, S.A., Bossar Packaging S.A., CONCETTI S.P.A., Omori Machinery Co. Ltd, Fres-co System USA, Inc., WOLF Verpackungsmaschinen GmbH, Fuji Machinery Co. Ltd, Webster Griffin Ltd., BW Companies Inc., Buhler Holding AG, Imanpack Packaging and Eco Solutions S.p.A, STATEC BINDER GmbH, HASSIA- REDATRON GmbH, Premier Tech Chronos, MONDIAL PACK S.r.l and Pakona Engineers Pvt Ltd. A number of small-scale unorganized players are operating in the Asia Pacific region, and this number is expected to increase during the next decade. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

7. Bagging Equipment Market Analysis Bagging Equipment Market to Incur Rapid Extension at 4.1% CAGR during (2018-2028) Bagging equipment sales in 2018 closed in on US$ 28 billion, as indicated by a recent intelligence outlook presented by Future Market Insights (FMI). The global market revenue for bagging equipment will observe a moderate just-over 4% CAGR during 2018-2028, projects the report. Food Industry Registers Substantial Demand for Diverse Bagging Solutions Food & beverage industry, one of the most prominent areas driving economies in several regions, will remain the predominant contributor to the bagging equipment market growth. Growth in the consumption of processed and packaged foods over the recent past has been cited among the key drivers of bagging equipment market. The soaring demand for on-the-go food products from developed as well as emerging economies is expected to witness substantial growth, which in turn is expected to translate into high demand for efficient packaging solutions such as bagging equipment. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

8. Bagging Equipment Market Analysis Source: https://www.globenewswire.com/news-release/2019/03/26/1767487/0/en/Bagging- Equipment-Market-to-Incur-Rapid-Extension-at-4-1-CAGR-during-2018-2028-Future-Market- Insights.html More from FMI’s Packaging Market Intelligence: • Aluminum Foil Containers Market • Polypropylene Packaging Films Market About Us Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

9. Bagging Equipment Market Analysis Contact Us Mr. Sudip Saha Future Market Insights 616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 F: +1-845-579-5705 T (UK): + 44 (0) 20 7692 8790 Sales: sales@futuremarketinsights.com Press Office: Press@futuremarketinsights.com Future Market Insights FMI Packaging whitepaper Click here to Order a free sample www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

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