Strip Packaging Machine is mainly composed of standard components such as a coding machine, a PLC control system, a bag opening guide, a vibration device, a dust removal device, a solenoid valve, a temperature controller, a vacuum generator or a vacuum pump, an inverter, and an output system. The main optional configurations are material metering filling machine, working platform, weight selection scale, material hoist, vibrating feeder, finished product conveyor hoist, and metal detector.
Market Analysis and Insights: Global Strip Packaging Machine Market
Due to the COVID-19 pandemic, the global Strip Packaging Machine market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Automatic Strip Packaging Machines accounting for % of the Strip Packaging Machine global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Food Industry segment is altered to an % CAGR throughout this forecast period.
North America Strip Packaging Machine market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of Strip Packaging Machine include Marchesini Group, Bosch Packaging Technology, IMA Group, Korber AG, Maruho Hatsujyo Kogyo, Uhlmann Pac Systeme GmbH, Romaco Pharmatechnik GmbH, Ivarson and CAM Packaging Solutions. etc. In terms of revenue, the global 3 largest players have a % market share of Strip Packaging Machine in 2021.
Global Strip Packaging Machine Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market's growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert's opinions have been taken to understand the market better.
Global Strip Packaging Machine Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Automatic Strip Packaging Machines
Semi Automatic Strip Packaging Machines
Manual Strip Packaging Machines
Segment by Application
Cosmetics and Personal Care
Bosch Packaging Technology
Maruho Hatsujyo Kogyo
Uhlmann Pac Systeme GmbH
Romaco Pharmatechnik GmbH
CAM Packaging Solutions
Production by Region
Consumption by Region