info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Bagging Machine Market Research Report Information by Product Type (Open Mouth Bagging Machines, Form Fill Seal Machine, Valve Bagger Machine, FIBC Machine, Roto Packaging Machines), Automation Type (Automatic Bagging Machines and Semi-Automatic Bagging Machines), Machine Type (Vertical Bagging Machine and Horizontal Bagging Machine), End-Use Industry (Food, Building Materials, Minerals, and Chemical), Bag Size (0.1 kg-5 kg, 5.1 kg-25 kg, 25.1 kg-50 kg, and more than 50 kg), and Region —Forecast till 2032


ID: MRFR/IA - E/9487-CR | 110 Pages | Author: Snehal Singh| October 2022

Bagging Machine Market Overview


The Bagging Machine Market is projected to grow from USD 5,302.8 Billion in 2024 to USD 9,161.7 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.07% during the forecast period (2024 - 2032). Global Bagging Machine Market Industry Size was valued at USD 4,937.9 Billion in 2023.


Bagging machines are automated solutions designed to use either a plastic tubing or pre-opened bags on a roll to speed up the filling and sealing process used for a variety of products.


Bagging Machine Market Overview


COVID-19 Impact Analysis


The COVID-19 pandemic has adversely affected and is expected to continue to pose risks to bagging machines business. There are numerous risks related to the outbreak of COVID-19 pandemic. COVID-19 spread across the globe during 2020 and continues to impact economic activity around the globe. COVID-19 caused disruption and volatility in the global capital markets and authored an economic slowdown during 2020. The COVID-19 pandemic and its associated economic uncertainty negatively impacted the bagging machines market in most geographies and across a variety of customers. In regard to COVID-19, governments around the world have introduced certain measures, such as travel prohibitions, shutdowns of certain businesses, bans on group events and gatherings, shelter-in-place orders, curfews and recommendations of practicing social distancing. These restrictions have resulted in weakening activity and temporary closures of manufacturing facilities.


Bagging Machine Market Dynamics


Bagging machines are designed for dosing and packaging of pharmaceutical, cosmetic, food and beverage products into small bags, sachet, pouches among others. Bagging machines are used for precision packaging of small pack size. The bagging machines are used for different applications in various industries such as food, building materials, minerals, chemical, among others. Growth of industrial and commercial sectors globally, and applications in various markets is driving the market growth for bagging machines. Manufacturers are introducing automations in their products offerings which is creating a huge growth opportunity for the global bagging machines market for the forecast period. However, the growth of the market can be hindered due to the high investment cost and increasing cost of raw material.


Drivers:




  • Variety of applications in various sectors




The need for bagging machines is growing greatly in recent years owing to the wide variety of products that are shipped and sold in bags. Also, they can be used in variety of industries such as industrial and commercial. Many consumer products are shipped and stored in bags. Owing to this, it is essential that the shipping and packaging of products should be easier for the manufacturers. Bagging machines have numerous beneficial applications such as it can be used for packaging products precisely in various format. For instance, it can be used as a precision equipment for packaging products in the form of small size pouches, sachets, flow wraps, and small size cartons. End user consumers are increasingly demanding for smaller pack size as they are more convenient and affordable. Small pack sizes also help in portion controlling and reduce the impact purchasing decisions. Small size packaging also helps in experimentation without excessive spending. The increasing mindfulness among consumers is driving the demand for small pack size in end use industries, thereby driving the market for bagging machines.


Moreover, bagging machines are able to fill about sixty items per minute. Also, bagging machines are used in almost all the industries for packaging as they can package bags that are available in various sizes and materials. For instance, bagging materials that can be used for packaging includes, paper, plastic, wax paper, and burlap. Plastic made of polyethylene, polypropylene and antistatic plastic material are involved as well. Thus, the variety of applications and use of bagging machine in various industries is expected to drive the demand for bagging machines even further during the forecast period.


Restraint:




  • High Investment




The overall cost of bagging machines is quite high as it included the cost of manufacturing and the cost of implementation. In addition, stringent government norms regarding sustainability to reduce carbon footprints encourage the manufacturers to increase their investment in their overall production cost. Moreover, the R&D work involved in the production of bagging machines is high as every sector seeks for advancement in technology. Thus, the high initial investment restricts the new entrants in the market affecting the overall growth of the global bagging machines market. Moreover, the high investment in buying these machines restricts several small and medium-sized manufacturing units from adopting the automated and advanced bagging machines. Furthermore, technical failures of such technologically advanced machinery would incur more expenses to the manufacturers. This restricts the growth of bagging machines market. 

Opportunities:



  • Increasing automation in the industry


Manufacturers in the bagging machines market are increasingly inclining towards introducing automation in the products. Bagging equipment manufacturers are focusing on research and tech advancements in the products they are offering. Manufacturers are integrating artificial intelligence with quality control systems. This is helping new versions of bagging machines to be nearly error free in packaging even for long duration of operations. Moreover, manufacturers are introducing multitasking capabilities in the new machines which enables the machine to perform labeling and sealing processes along with bagging. This helps the end users to reduce labor costs, potential for worker injury and provide convenience and precision in their packaging process. This creates great growth opportunity for bagging machines for the forecast period.


Challenges:



  • Surging prices of steel


The machines manufacturing industry faces an ongoing struggle as raw material prices fluctuate, especially steel. Raw material prices play a vital role in the productivity of final products and highly impact the market growth. The price of steel, a primary raw material used in bagging machines manufacturing, is highly volatile. In the US, in March 2020, steel per tonne was traded at price range of USD 500-800. Whereas, in June 2021, steel prices were up by 200% and traded at USD 1800. The high prices of steel eat away the profit margins of the part makers and delay or halt some projects due to runaway costs. There are several reasons why steel is trading at record levels across the world. A steep rise in prices of iron ore, the main ingredient in steel and a supply crunch caused by China’s decision to cut steel production and exports. Thus, surging prices of steel is posing a challenge for the players in bagging machines market.


Bagging Machine Market Segment Overview


By Product Type


Based on product type, the global bagging machine market has been segmented into open mouth bagging machines, form fill seal machine, valve bagger machine, FIBC machine, roto packaging machines and others. The form fill machines segment accounted for the largest market share of 23.25% in 2020. However, the open-mouth bagging machines segment is likely to register a higher CAGR of 8.62% during the review period.


By Automation Type


Based on automation type, the global bagging machine market has been segmented into automatic bagging machines and semi-automatic bagging machines. The automatic bagging machines segment accounted for a larger market share of 63.20% in 2020 and is likely to register a CAGR of 8.31% during the review period.


By Machine Type


Based on machine type, the global bagging machine market has been segmented into vertical bagging machine and horizontal bagging machine. The vertical bagging machine segment accounted for a larger market share of 55.42% in 2020 and is estimated to register the highest CAGR of 8.24% during the forecast period.


By End-Use Industry


Based on end-use industry, the global bagging machine market has been segmented into food, building materials, minerals, chemical, and others. The chemical segment accounted for a larger market share of 29.33% in 2020 and is estimated to register the highest CAGR of 8.67% during the forecast period.


By Bag Size


Based on bag size, the global bagging machine market has been segmented into 0.1 kg-5 kg, 5.1 kg-25 kg, 25.1 kg-50 kg, and more than 50 kg. The 5.1kg- kg-25 kg segment accounted for a larger market share of 30.31% in 2020, whereas 0.1kg-to 5kg is estimated to register the highest CAGR of 8.85% during the forecast period.


Global Bagging machine Market Share, by region, 2020 (%)Global Bagging machine Market Share, by region, 2020 (%)Sources: MRFR Analysis


Bagging Machine Market Regional Analysis


By region, the global Bagging machine market has been divided into North America, Europe, South America, Asia-Pacific, and Middle East and Africa. Asia Pacific accounted for the largest market share of 36.05% in 2020, the market is expected to register the highest CAGR of 8.58% during the forecast period. Europe was the second-largest market in 2020, the market is projected to exhibit a CAGR of 8.02%.


Asia Pacific


Asia Pacific is accounting for 36.05% of market proportion in the year of 2020 and it is projected to expand at a high CAGR of 8.58% the forecast period of 2021-2028. The COVID-19 pandemic has led to the imposition of travel restrictions and lockdown regulations, which have drawn consumers' attention to online platforms for shopping for food, electronics, medicine, clothing, basic kitchen products, and essential products for the home. According to the National Investment Promotion and Facilitation Agency, India's e-commerce market is expected to be more than USD 55 billion in gross merchandise value by the end of 2022. Additionally, the Indian government has allowed direct investment foreign (FDI) 100% in the context of B2B e-commerce and the business model of the market. The growing support from government bodies and the shift of customers to online shopping platforms will promote the expansion of the bagging machine market to maintain the relationship between supply and demand.


Europe


Europe is also accounting for significant market share in the global bagging machine market in the year of 2020 and is expected to grow at a CAGR of 8.02% during the forecast period 2021-2028. Packaging demand in various bagging machine applications is increasing and increasing disposable income is driving the growth of the packaging machine market in Europe. The growing e-commerce sector, the fast growth of consumers, and the development of the pharmaceutical industry are the main aspects that are fueling the growth of the bagging machine market in the region. Germany and Italy are the main producers and are also recognized for a significant number of exports to the region. These countries also provide their consumers with individual and advanced machinery, as well as installation, design, and production, as well as service and maintenance of machinery. In addition, the European Committee for Standardization has set certain rules and standards for bagging machinery safety requirements and various types of products which are expected to encourage the bagging machine market.  


Bagging Machine Market Competitive Landscape


The market comprises tier-1, tier-2, and local players. The tier-1 and tier-2 players have a global reach and diverse product portfolios. Companies such as Tokyo Automatic Machinery Works Ltd, Syntegon Technology, All-Fill Incorporated, Payper S.A., Bossar dominate the global market due to brand reputation, product differentiation, financial stability, and diversified regional presence.


Prominent players in the global bagging machine market include Tokyo Automatic Machinery Works, Ltd. (Japan), Honeywell International Inc. (US), Syntegon Technology (Germany), All-Fill Incorporated (US), Payper S.A. (Spain), Bossar Packaging S.A. (Spain), Pakona Engineers Pvt., Ltd. (India), Concetti S.P.A.  (Italy), Omori Machinery Co., Ltd. (Japan), Fres-co System USA Inc. (US).


Recent Developments


Few developments that occurred in recent times influencing the market growth of Bagging machine are listed below:



  • In March 2021,Fres-co System USA, Inc., announced to launch packaging printing services with the addition of digital printing capabilities. Fres-co’s traditional flexographic and rotogravure printing services are supplemented with digital printing, expanding the options accessible to customers in the coffee, food, pet food, and chemical industries.


Bagging Machine Market Scope of the Report


Global Bagging Machine Market, by Product Type



  • Open mouth bagging machines

  • Form fill seal machine

  • Valve bagger machine

  • FIBC machine 

  • Roto packaging machines

  • others


Global Bagging Machine Market, by Automation Type



  • Automatic bagging machines

  • Semi-automatic bagging machines


Global Bagging Machine Market, by Machine Type



  • Vertical bagging machine

  • Horizontal bagging machine


Global Bagging Machine Market, by End-Use Industry



  • Food

  • Building materials

  • Minerals

  • Chemical

  • Others


Organic Global Bagging Machine Market, by Bag Size



  • 1 kg-5 kg

  • 1 kg-25 kg

  • 1 kg-50 kg

  • more than 50 kg


Global Bagging machine Market, by Region



  • North America

    • US

    • Canada

    • Mexico



  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • Netherlands

    • Belgium

    • Scandinavia

    • Rest of Europe



  • Asia-Pacific

    • China

    • India

    • Japan

    • Australia

    • Indonesia

    • Thailand

    • Vietnam

    • Malaysia

    • New Zealand

    • South Korea

    • Rest of Asia-Pacific



  • South America

    • Brazil

    • Argentina

    • Rest of South America



  • Middle East & Africa

    • Saudi Arabia

    • UAE

    • South Africa

    • Iran

    • Israel

    • Turkey

    • Egypt

    • Rest of MEA




Intended Audience



  • Chemical Industry

  • Food & Beverage Industries

  • Paper Industry

  • Retail Industry

Report Attribute/Metric Details
Market Size 2023 USD 4,937.9 Billion
Market Size 2024 USD 5,302.8 Billion
Market Size 2032 USD 9,161.7 Billion
  CAGR  7.07%
  Base Year   2023
  Forecast Period   2024-2032
  Historical Data   2022
  Forecast Units   USD (Value Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product Type, Macine Type, Automation Type, End Use
  Geographies Covered   North America, Europe, Aisa Pacific
  Key Vendors   Tokyo Automatic Machinery Works Ltd. (Japan) Honeywell International Inc. (US) Syntegon Technology (Germany) All-Fill Incorporated (US) Payper S.A. (Spain) Bossar Packaging S.A. (Spain) Pakona Engineers Pvt. Ltd. (India) Concetti S.P.A. (Italy) Omori Machinery Co.Ltd. (Japan) Fres-co System USA Inc. (US)
  Key Market Opportunities   Increasing automation in the industry
  Key Market Drivers   Variety of applications in various sectors
 

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.