Many logistics and transportation organizations require packaging to wrap and bundle their goods and commodities. Hence, growth in the logistics & transportation industries is likely to boost the demand for stick & sachet packing machines, fueling the market growth in the coming years. Moreover, the e-commerce business has risen dramatically in recent years, affecting the growth of the stick & sachet packing machine market. Factors such as convenience, sustainability,transparency, food safety, and food waste reduction influence the flexible packaging choice for meat, poultry, and seafood in the food industry.. Many companies are adopting mono materials to construct PE-based containers. For instance, Borealis and Borouge collaborated to develop novel, fully recyclable mono-material pouch solutions for Polyethylene (PE) and Polypropylene based goods. AR Packaging also announced the launch of Ecoflex, a recyclable mono-polyethylene film for thermoforming applications, which provides an alternative to PA-based materials while completely satisfying On-Pack Recycling Label criteria. Most recycling facilities are antique and incapable of dealing with changing waste loads. Although the amount of paper trash has decreased and plastic waste has increased, the current technology is still considered ill-equipped to handle such shifts in packaging waste trends. As a result, the transition toward flexible packaging boosts the stick & sachet packing machine market growth.
Europe Stick & Sachet Packing Machine Market Segmentation
The Europe stick & sachet packing machine market is segmented into type, product type, end user, and country. Based on type, the market is bifurcated into stick pack packing machine and sachet packing machine. In 2020, the stick pack packing machine segment held a larger market share. Based on product type, the market is segmented into powder and granule, liquid products, and others. In 2020, the power and granule segment held the largest market share. Based on end user, the market is categorized into food and beverages, pharmaceutical, chemicals, cosmetics, and others. In 2020, the food and beverages segment held the largest market share. Further, based on country, the market is segmented into the UK, Germany, France, Italy, Russia, and the Rest of Europe. The Rest of Europe contributed a substantial share in 2020.
ARANOW Packaging Machinery, S.L.; IMA-Ilapak; Ingeniería de Envasado Vertical S.L; Körber AG; MESPACK, S.L; OMAG S.r.l; SmartPac Verpackungsmaschinen GmbH; Syntegon Technology GmbH; and Universal Pack S.r.l are among the leading companies operating in the Europe stick & sachet packing machine market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 2,158.39 Million |
| Market Size by 2028 | US$ 3,052.14 Million |
| CAGR (2022 - 2028) | 5.1% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Stick & Sachet Packing Machine Market is valued at US$ 2,158.39 Million in 2022, it is projected to reach US$ 3,052.14 Million by 2028.
As per our report Europe Stick & Sachet Packing Machine Market, the market size is valued at US$ 2,158.39 Million in 2022, projecting it to reach US$ 3,052.14 Million by 2028. This translates to a CAGR of approximately 5.1% during the forecast period.
The Europe Stick & Sachet Packing Machine Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Stick & Sachet Packing Machine Market report:
The Europe Stick & Sachet Packing Machine Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Stick & Sachet Packing Machine Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Stick & Sachet Packing Machine Market value chain can benefit from the information contained in a comprehensive market report.
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