North America Stick & Sachet Packing Machine Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Stick Pack Packing Machine and Sachet Packing Machine), Product Type (Powder and Granule, Liquid Products, and Others), and End User (Food and Beverages, Pharmaceuticals, Chemicals, Cosmetics, and Others)
The stick & sachet packing machine market in North America is expected to grow from US$ 1,762.35 million in 2022 to US$ 2,404.38 million by 2028; it is estimated to register a CAGR of 4.5% from 2022 to 2028.
The need for packaging machines to integrate with upstream manufacturing processes has led to the development of automation techniques for several sectors. The overall equipment effectiveness (OEE) technique is used in lean packaging operations to control the packaging process. Such operations are widely used because of the increased need for packaged meals, continuous medications and treatments, and high spending on branded products. Furthermore, e-commerce enterprises are introducing lean packaging practices, which is fueling the stick & sachet packing machine market growth.
Further, flexible packaging is becoming more popular compared to other types of packaging. It involves market developments and growth drivers such as e-commerce, digital printing, and sustainability. Customers are willing to pay a premium price for unique product features offered by flexible packaging. According to the Flexible Packaging Association, over 60% of North American consumers are willing to pay more for tangible and functional packaging benefits, including product protection, transportation friendliness, and supply chain efficiency. Such factors are expected to grow the stick & sachet packing machine market.
North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
North America Stick & Sachet Packing Machine Market Segmentation
The North America 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 North America stick & sachet packing machine market is segmented into the US, Canada, and Mexico. The US contributed a substantial share in 2020.
ARANOW Packaging Machinery, S.L.; IMA-Ilapak; Ingeniería de Envasado Vertical S.L; Körber AG; Matrix Packaging Machinery, LLC; MESPACK, S.L; SmartPac Verpackungsmaschinen GmbH; and Syntegon Technology GmbH are among the leading companies operating in the North America stick & sachet packing machine market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Stick & Sachet Packing Machine Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Stick & Sachet Packing Machine Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Overall Equipment Effectiveness (OEE) Technique
5.1.2 Logistics and Transportation Industries Demand Packaging
5.2 Market Restraints
5.2.1 High Production and Import Cost
5.3 Market Opportunities
5.3.1 Incorporation of Digital Printing
5.4 Future Trends
5.4.1 Automation in Packaging Machines
5.5 Impact Analysis of Drivers and Restraints
6. Stick & Sachet Packing Machine Market – North America Analysis
6.1 North America Stick & Sachet Packing Machine Market Overview
6.2 North America Stick & Sachet Packing Machine Market Revenue Forecast and Analysis
7. North America Stick & Sachet Packing Machine Market Analysis – By Type
7.1 Overview
7.2 North America Stick & Sachet Packing Machine Market, By Type (2020 and 2028)
7.3 Stick Pack Packing Machine
7.3.1 Overview
7.3.2 Stick Pack Packing Machine: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
7.4 Sachet Packing Machine
7.4.1 Overview
7.4.2 Sachet Packing Machine: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
8. North America Stick & Sachet Packing Machine Market Analysis – By Product Type
8.1 Overview
8.2 North America Stick & Sachet Packing Machine Market, By Product Type (2020 and 2028)
8.3 Powder and Granule
8.3.1 Overview
8.3.2 Powder and Granule: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
8.4 Liquid Products
8.4.1 Overview
8.4.2 Liquid Products: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
9. North America Stick & Sachet Packing Machine Market Analysis-By End-User
9.1 Overview
9.2 North America Stick & Sachet Packing Machine Market, By End-User (2020 and 2028)
9.3 Food and Beverages
9.3.1 Overview
9.3.2 Food and Beverages: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
9.4 Pharmaceuticals
9.4.1 Overview
9.4.2 Pharmaceuticals: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
9.5 Chemicals
9.5.1 Overview
9.5.2 Chemicals: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
9.6 Cosmetics
9.6.1 Overview
9.6.2 Cosmetics: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
10. North America Stick & Sachet Packing Machine Market – Country Analysis
10.1 Overview
10.1.1 North America: Stick & Sachet Packing Machine Market, by Key Country
10.1.1.1 US: Stick & Sachet Packing Machine Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Stick & Sachet Packing Machine Market, By Type
10.1.1.1.2 US: Stick & Sachet Packing Machine Market, By Product Type
10.1.1.1.3 US: Stick & Sachet Packing Machine Market, By End-User
10.1.1.2 Canada: Stick & Sachet Packing Machine Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Stick & Sachet Packing Machine Market, By Type
10.1.1.2.2 Canada: Stick & Sachet Packing Machine Market, By Product Type
10.1.1.2.3 Canada: Stick & Sachet Packing Machine Market, By End-User
10.1.1.3 Mexico: Stick & Sachet Packing Machine Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Stick & Sachet Packing Machine Market, By Type
10.1.1.3.2 Mexico: Stick & Sachet Packing Machine Market, By Product Type
10.1.1.3.3 Mexico: Stick & Sachet Packing Machine Market, By End-User
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 ARANOW Packaging Machinery, S.L.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Ingeniería de Envasado Vertical S.L.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 IMA-Ilapak
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Körber AG
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Matrix Packaging Machinery, LLC
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 MESPACK, S.L.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 SmartPac Verpackungsmaschinen GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Syntegon Technology GmbH
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Stick & Sachet Packing Machine Market Revenue Share, by Key Country
Table 3. US: Stick & Sachet Packing Machine Market, By Type–Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Stick & Sachet Packing Machine Market, By Product Type–Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Stick & Sachet Packing Machine Market, By End-User–Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Stick & Sachet Packing Machine Market, By Type–Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Stick & Sachet Packing Machine Market, By Product Type–Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Stick & Sachet Packing Machine Market, By End-User–Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Stick & Sachet Packing Machine Market, By Type–Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Stick & Sachet Packing Machine Market, By Product Type–Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Stick & Sachet Packing Machine Market, By End-User–Revenue and Forecast to 2028 (US$ Million)
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Stick & Sachet Packing Machine Market Segmentation
Figure 2. North America Stick & Sachet Packing Machine Market Segmentation – By Country
Figure 3. North America Stick & Sachet Packing Machine Market Overview
Figure 4. North America Stick & Sachet Packing Machine Market, By Type
Figure 5. North America Stick & Sachet Packing Machine Market, By Product Type
Figure 6. North America Stick & Sachet Packing Machine Market, By End-User
Figure 7. North America Stick & Sachet Packing Machine Market, By Country
Figure 8. North America PEST Analysis
Figure 9. North America Stick & Sachet Packing Machine Market- Ecosystem Analysis
Figure 10. Expert Opinions
Figure 11. North America Stick & Sachet Packing Machine Market Impact Analysis of Drivers and Restraints
Figure 12. North America Stick & Sachet Packing Machine Market Revenue Forecast and Analysis (US$ Million)
Figure 13. North America Stick & Sachet Packing Machine Market, By Type (2020 and 2028)
Figure 14. Stick Pack Packing Machine: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Sachet Packing Machine: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Stick & Sachet Packing Machine Market, By Product Type (2020 and 2028)
Figure 17. Powder and Granule: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Liquid Products: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Others: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Stick & Sachet Packing Machine Market, By End-User (2020 and 2028)
Figure 21. Food and Beverages: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Pharmaceuticals: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Chemicals: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Cosmetics: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: North America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America: Stick & Sachet Packing Machine Market, by key Country – Revenue (2020) (US$ Million)
Figure 27. North America: Stick & Sachet Packing Machine Market Revenue Share, by Key Country (2020 and 2028)
Figure 28. US: Stick & Sachet Packing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Canada: Stick & Sachet Packing Machine Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Mexico: Stick & Sachet Packing Machine Market – Revenue and Forecast to 2028 (US$ Million)
- ARANOW Packaging Machinery, S.L.
- IMA-Ilapak
- Ingeniería de Envasado Vertical S.L
- Körber AG
- Matrix Packaging Machinery, LLC
- MESPACK, S.L
- SmartPac Verpackungsmaschinen GmbH
- Syntegon Technology GmbH
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Stick & Sachet Packing Machine Market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America Stick & Sachet Packing Machine Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the Stick & Sachet Packing Machine Market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution