Wilmington, Delaware, United States, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The bakery packaging machine market valued at US$ 2.5 billion in 2022. The market is likely to be worth US$ 3.4 billion by 2031 capturing a 3.4% CAGR from 2022 to 2031.
Bakery packaging machines are employed for packaging different bakery products including cookies, bun, cupcakes, and biscuits. Different machine types are used for packaging such as bakery products. These machine types include tape machines, labeling machines, strapping machines, and many more.
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Consumers’ busy lifestyles increase the demand for convenient as well as packaged bakery products. Consumers seek easy-to-store and easy-to-carry bakery products and packaging machines greatly help to make consumer-friendly packaging.
Enhanced packaging materials and improved automation-like innovations in packaging machines fuel the adoption of bakery packaging machines. Vendors focus on the development of novel products and innovation to expand the customer base. They also aim to provide customized solutions to propel their share in the bakery packaging machine market. Rising demand for eco-friendly packaging machines fueling the bakery packaging machine market.
Key Findings of the Market Report
- The filling & sealing machines are estimated to dominate the market due to the growing consumption of packaged bakery products and increasing focus on sanitation in the food processing sector.
- Labeling machines also play a significant role in the market as labels are important for branding purposes and regulatory compliance. Changing consumer preferences and the overall bakery industry growth are driving the segment growth.
Market Trends for Bakery Packaging Machines
- Rising demand for customized packaging solutions is expected to impel the market growth.
- Fully automatic bakery packaging machines are becoming popular among end-users as they provide tailor-fit packaging solutions.
- Vendors of bakery packaging machines are benefiting hugely from selling their products using different e-commerce platforms.
- New processes including cooling conveyors, batch refining, shaping, and easy-open packaging solutions are generating huge demand for bakery packaging machines.
Market for Plastic Adhesive Tapes: Regional Outlook
- Europe is estimated to obtain a significant share of the market due to the availability of a well-established bakery sector and the increasing consumption of sweet bakery products.
- Asia Pacific is projected to exhibit steady growth during the forecast period with the rising popularity of packaged dry bakery products and the growing number of industrial bakers.
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Global Bakery Packaging Machines Market: Competitive Scenario
The global packaging machines market is highly competitive and consists of many suppliers and manufacturers. They aim to present customized solutions according to specific production volumes and product types. Manufacturers in the market are providing a huge collection of filling machines with different capacities and specifications to satisfy the customers’ diverse needs.
Several key companies in the market are investing mainly in research and development activities to obtain large revenue and expand the product portfolio. They also implement a few effective growth strategies including collaborations, mergers & acquisitions, and partnerships to strengthen their market position. A few leading players operating in the global bakery packaging markets market are:
- nVenia
- BLAŽEK
- Frutmac GmbH
- Hopak Machinery Co., Ltd.
- Lead Packaging Ltd.
- minipack®-torre S.p.A.
- Nichrome Packaging Solutions
- PAXIOM Group
- Syntegon Technology GmbH
- Yamato Corporation
- IMA-Ilapak
- Cavanna Packaging Group
- Fant Packaging Engineering Co., Ltd.
Product Portfolio
- Yamato Corporation is a significant player in the market and introduced innovative packaging machines according to the needs of the bakery industry. It also specializes in offering customizable packaging solutions to fulfil the growing requirements of the bakery industry. This company has also developed technologies to reduce food waste as well as augment product safety.
- Paxiom Group introduced the Swifty Bagger Side Load automatic bagging machine In May 2021, with new features for customers that need product orientation within a pre-made pouch.
- Hopak Machinery Co. Ltd. expanded its export business In April 2021 and further reinforced its supply chain.
- Syntegon Technology GmbH installed the first completely validated visual inspection system In February 2021, using Artificial Intelligence (AI) in an automated inspection machine. Such installation is a significant step in the company’s continued attempt to benefit from AI solutions and offer good packaging solutions to its customers.
Global Bakery Packaging Machine Market Segmentation
By Machine Type
- Filling & Sealing Machines
- Labeling Machines
- Strapping / Bundling Machines
- Tape Machines
- Others (Stretch Wrapping Machines, etc.)
By Packaging Type
- Primary Packaging
- Secondary Packaging
- Tertiary Packaging
By Mode of Operation
- Automatic
- Semi-automatic
By Application
- Bread
- Cakes & Pastries
- Cookies & Biscuits
- Doughnuts
- Muffins
- Buns & Pies
- Others (Bars, Candies, Rusks, etc.)
By Distribution Channel
- Direct Sales
- Indirect Sales
By Region
- North America
- Europe
- The Middle East & Africa
- South America
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