The end-of-line packaging is advanced machinery used in the overall production of various other product. They can be fully automated or semi-automated. The fully automated system includes safety controls, machine vision, and even remote monitoring in turn contributing to production of quality products. They reduce the need for labor as they are fully automated and reduce the chances of human error thus increasing efficiency in the overall process. They are widely used across automotive, packaging, electronics & semiconductor, food & beverages, and pharmaceutical industries.
Global end-of-line packaging market was valued at US$ 4.5 Billion in 2021 in terms of revenue, exhibiting a CAGR of 4.7% during the forecast period (2022 to 2030).
The rising adoption of automation in the packaging industry is expected to fuel the market growth of end-of-line solution. Packaging is very important across various manufacturing industries due to the high demand for enhanced productivity and operation. Automation helps in increasing overall productivity and reducing the degree of manual operation. Thus, rising adoption of automation in the end-of-line solution is expected to propel the market growth.
Growing need to reduce the workforce and production cost is expected to augment the market growth of the end-of-line solution. End-of-line packaging solutions reduce the requirement of constantly training a new workforce and enable to emphasize more on value-adding tasks, which in turn reduce the chances of risk due to human error and enhanced the overall production process. This is expected to fuel the market growth of end-of-line solution.
COVID-19 is a global public health emergency which has affected almost every sector and these long-term effects are expected to impact growth of market during the forecast period. But, the end-of-line packaging industry had a positive impact on their market growth during and post COVID-19 period. Growing consumption of packaged food and beverages is especially driving the end-of-line packaging market growth because packaging protects the product, although factors such as fluctuating prices of raw material may obstruct the market growth during the pandemic.
Figure 1. Global End-of-Line Packaging Market Value Share (%), By Region, 2021
Ensuring automation performance per the consumer demand is expected to be major challenge and this is expected to hamper the market growth. Evolving consumer preferences for quality and cost-effective products has significantly increased from 2020. This end-of-line packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
|Base Year:||2021||Market Size in 2021:||US$ 4.5 Bn|
|Historical Data for:||2017-2020||Estimated Year:||2022|
|Forecast Period 2022 to 2030 CAGR:||4.7%||Forecast Period:||2022-2030|
Krones AG, IMA S.p.A, Bosch Packaging Technology, DS Smith plc., Pro Mach, Inc., Combi Packaging Systems LLC, Festo Group, Schneider Packaging Equipment Co. Inc., and Gebo Cermex
|Restraints & Challenges:||
Advancements in the end-of-line packaging solution such as the introduction of robotic palletizing and de-palletizing system is expected to accelerate the market growth. In September 2019, ABB, an automation company showcased the company’s latest robotic innovations that help packagers manage high mix, low volume production at Pack Expo Las Vegas. This innovation will enhance the efficiency to package more products on the same lines, switch between products with minimal downtime, and quickly ramp up to full-production speed for new products.
Figure 2. Global End-of-Line Packaging Market Value Share (%), By End-use Industry, 2021
On the basis of end-user industry, food dominated the global end-of-line packaging market in 2021 with around 34% of market share in terms of revenue, followed by others and pharmaceuticals , respectively.
Major players operating in the global end-of-line packaging market include Krones AG, IMA S.p.A, Bosch Packaging Technology, DS Smith plc., Pro Mach, Inc., Combi Packaging Systems LLC, Festo Group, Schneider Packaging Equipment Co. Inc., and Gebo Cermex
End-of-line packaging systems are automated by control systems for manufacturing products at a faster rate in order to meet the rising demands of products in the marketplace. End-of-line packaging reduces the requirement for skilled labor and allows workers to focus on other valuable skills.
Global end-of-line packaging market has witnessed significant growth from 2020, the rising growth of manufacturing industry in Asia-pacific, owing to the rapid surge in growth of urbanization and industrialization. Manufacturers are adopting automation technology in production of packaging solutions for reducing the labor and production cost. This scenario is expected to foster growth of the global end-of-line packaging market during the forecast period.
End-use industries are progressively opting for customized end-of-line packaging solutions. Therefore, the share of customized order segment is expected to rise through 2030. As industries opt for standardized solutions for improved efficiency in end-of-line packaging, it is expected that the received order type segment will witness an increased demand during the forecast period.
The food & beverages end-use segment is expected to be the most attractive segment during the forecast period. Rapid industrialization is the key factor influencing growth of the end-of-line packaging market. Demand for end-of-line packaging machineries is increasing in food and beverage end-use industries as it reduces the manual handling of products, which reduces the risk of contamination. Electronics & semiconductor, pharmaceuticals, and automotive are some of the key end-use industries in the global end-of-line packaging market.
Key features of the study:
“*” marked represents similar segmentation in other categories in the respective section