South 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 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. 

1. IMA-Ilapak
2. Ingeniería de Envasado Vertical S.L
3. Körber AG
4. Matrix Packaging Machinery, LLC
5. MESPACK, S.L
6. SmartPac Verpackungsmaschinen GmbH
7. Syntegon Technology GmbH

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