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)
No. of Pages:99
Report Code:
BMIRE00025530
Category:
Manufacturing and Construction
South America Stick & Sachet Packing Machine Market
The stick & sachet packing machine market in South America is expected to grow from US$ 426.50 million in 2022 to US$ 570.90 million by 2028; it is estimated to register a CAGR of 4.3% from 2022 to 2028
The need for packaging machines to integrate with upstream manufacturing processes has resulted in developing automation techniques for several sectors. The overall equipment effectiveness (OEE) technique is used in lean packaging operations to control the packaging process. Lean packaging operations are now 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, fueling stick and sachet packaging machine market growth. In addition, flexible packaging is becoming more popular than other types of packaging. It comprises 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 made possible by flexible packaging. Such factors are expected to expand the stick and sachet packaging machine market.
South America Stick & Sachet Packing Machine Market Revenue and Forecast to 2028 (US$ Million)
South America Stick & Sachet Packing Machine Market Segmentation
The South 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 market is segmented into Brazil, Argentina, and the Rest of South America. Brazil contributed a substantial share in 2020.
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 South America stick & sachet packing machine market.
South America Stick & Sachet Packing Machine Market Strategic Insights
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South America Stick & Sachet Packing Machine Market Segmentation Analysis
South America Stick & Sachet Packing Machine Market Report Highlights
South America Stick & Sachet Packing Machine Report Scope
Report Attribute
Details
Market size in 2022
US$ 426.50 Million
Market Size by 2028
US$ 570.90 Million
CAGR (2022 - 2028)
4.3%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Type
Stick Pack Packing Machine
Sachet Packing Machine
By Product Type
Powder and Granule
Liquid Products
By End User
Food and Beverages
Pharmaceuticals
Chemicals
Cosmetics
Regions and Countries Covered
South and Central America
Brazil
Argentina
Rest of South and Central America
Market leaders and key company profiles
IMA-Ilapak
Ingeniería de Envasado Vertical S.L
Körber AG
Matrix Packaging Machinery, LLC
MESPACK, S.L
SmartPac Verpackungsmaschinen GmbH
Syntegon Technology GmbH
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South America Stick & Sachet Packing Machine Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - South America Stick & Sachet Packing Machine Market
IMA-Ilapak
Ingeniería de Envasado Vertical S.L
Körber AG
Matrix Packaging Machinery, LLC
MESPACK, S.L
SmartPac Verpackungsmaschinen GmbH
Syntegon Technology GmbH
Frequently Asked Questions
How big is the South America Stick & Sachet Packing Machine Market?
The South America Stick & Sachet Packing Machine Market is valued at US$ 426.50 Million in 2022, it is projected to reach US$ 570.90 Million by 2028.
What is the CAGR for South America Stick & Sachet Packing Machine Market by (2022 - 2028)?
As per our report South America Stick & Sachet Packing Machine Market, the market size is valued at US$ 426.50 Million in 2022, projecting it to reach US$ 570.90 Million by 2028. This translates to a CAGR of approximately 4.3% during the forecast period.
What segments are covered in this report?
The South America Stick & Sachet Packing Machine Market report typically cover these key segments-
Type (Stick Pack Packing Machine, Sachet Packing Machine)
Product Type (Powder and Granule, Liquid Products)
End User (Food and Beverages, Pharmaceuticals, Chemicals, Cosmetics)
What is the historic period, base year, and forecast period taken for South America Stick & Sachet Packing Machine Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Stick & Sachet Packing Machine Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2028
Who are the major players in South America Stick & Sachet Packing Machine Market?
The South America Stick & Sachet Packing Machine Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
IMA-Ilapak
Ingeniería de Envasado Vertical S.L
Körber AG
Matrix Packaging Machinery, LLC
MESPACK, S.L
SmartPac Verpackungsmaschinen GmbH
Syntegon Technology GmbH
Who should buy this report?
The South America Stick & Sachet Packing Machine Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the South America Stick & Sachet Packing Machine Market value chain can benefit from the information contained in a comprehensive market report.
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