Packaging machinery consists of filling, labelling, cleaning, FFS, cartooning, wrapping, palletizing which altogether consist of approximately US$ 45 Bn. The global packaging machinery is expected to witness a CAGR of 5.4 percent during the forecast period. One such segment which is showcasing a promising growth in packaging machinery market is palletizing. Subsequently stacking machine of products is tricky and requires gentle processing to keep the product safe while creating a systematized means of production, which is a part of palletizing process. Manufacturers of global stacking machine opt for innovative technology equipment and expert problem solving specialist to identify and improve stacking practice.
The growing production of pharmaceutical drugs is driving the development of packaging stacking machine market. Also, modern stacking machine have ultrasonic sensors which has aided to increasing the output production capacity by fastening the speed of stacking machine. Overall the countries of Germany, Italy, and China are expected to represent a high demand for stacking machine market during the forecast period.
One of the driving factors of stacking machine is the additional use in the form of up-stacking, down-stacking, and de-stacking which is done by single stacking machine. So packaging manufacturers now find relatively easy to stack product as it happens at comparatively fast pace. Additionally increasing demand for sustainable packaging products is kept stacking machine producers occupied to innovate and add value to packaging products.
On the flip side, improper material handling of stacking machine causing a potential hazards to an employee working in the packaging market. Also, high regulatory pressure from North America legislative bodies on the use of the packaging machinery is creating a backlash on the manufacturer of stacking machine. Overall the market of stacking machine is expected to showcase a lucrative revenue opportunity for packaging machinery manufacturer during the forecast period.
Global stacking machine market is segmented into technology type, capacity type and end use industry. On the basis of technology type the global stacking machine market is segmented into manual machine, semi-automatic machine and automatic machine. On the basis of capacity size, the global stacking machine is segmented into less than 80 pieces/ per minute, 80-150 pieces/ per minute, 151-300 pieces/ per minute, and above 301 pieces/ per minute. On the basis of end use industry, the stacking machine market is segmented into food & beverage, pharmaceutical, healthcare, cosmetics, chemicals, others., North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ)Middle East & Africa (MEA), Japan
The global stacking machine market is expected to witness a high growth rate in countries of Germany and Italy. APEJ and MEA are among the prominent markets, which is showcasing a relatively high market volume of packaging machinery. The global pallets packaging machinery accounts to 7% of the market value stack in packaging machinery of which stacking machine is one of the lucrative markets to opt for positive investments in the near future. Overall, the global stacking machine market is expected to witness an immense growth during the forecast period.
Some of the key players operating in the global stacking machine market include Semyung India Enterprises (PVT) Ltd., Patel Material Handling Equipment, Shuttleworth, LLC., Entec Industrial Furnaces Pvt Ltd., Shinwa Co., Ltd., Moore Industries-International, Inc., Durselen GmbH & Co. KG, Soco System.
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