List of the Companies Profiled in the Market: Krones AG (Bavaria, Germany),Robert Bosch Packaging Technology GmbH (Baden-Württemberg, Germany),Coesia S.P.A. (Bologna, Italy), M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. (Bologna, Italy), Salzgitter AG (Salzgitter, Germany), BW Packaging Systems (Illinois, U.S.), Viking Masek Global Packaging (Wisconsin, U.S.), Nichrome Packaging Solutions (Maharashtra, India), Asian Packing Machinery Pvt. Ltd. (Haryana, India), Aagard Group, LLC (Minnesota, U.S.), MG America (New Jersey, U.S.)Pune, India, April 19, 2021 (GLOBE NEWSWIRE) -- The global packaging machinery market size is predicted to reach USD 52.83 billion by 2027, exhibiting a CAGR of 3.6% during the forecast period. The unceasing demand for packaged food, drugs, and other products will contribute effectively to the growth of the market, states Fortune Business Insights, in a report, titled “Packaging Machinery Market Size, Share & COVID-19 Impact Analysis, By Machine Type (Bottling Line, Cartoning, Case Handling, Closing, Filling & Dosing, Form, Fill & Deal, Labelling, Decorating & Coding, Palletizing, Wrapping & Bundling and Others), By End User (Food, Beverages, Pharmaceuticals, Personal Care and Toiletries, Household, Industrial and Agricultural Chemicals and Others) and Regional Forecast, 2020-2027.” The market size stood at USD 40.08 billion in 2019. Request to Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/packaging-machinery-market-101806 The coronavirus incident has resulted in enormous damage to all the industries across the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly. To get to know more about the short-term and long-term impacts of COVID-19 on this market, please visit: The report on packaging machinery market encompasses: Wide-ranging study of the segments Prominent data about key players Evolving market trends Vital insights into the regionsCOVID-19 impact on the industry To get to know more about the short-term and long-term impact of COVID-19 on this market, Please Visit: https://www.fortunebusinessinsights.com/industry-reports/packaging-machinery-market-101806 Market Driver: Heavy Demand from Transportation Industry to Amplify Growth The rising demand for packaging in logistics and transportation can be a vital factor propelling the growth of the market. Various logistics and transportation companies require packaging machinery to wrap and bundle their goods and commodities before shipping. The surging logistics and transportation industry is expected to have a tremendous influence on the global market during the forecast period. Packaging enables the safety of products and consignment during transportation. Additionally, the flourishing E-commerce industry is expected to spur opportunities for the market in the foreseeable future. Rising Shift towards E-Commerce to Uplift Packaging Industry Amid COVID-19 The disruption in the supply chain of various sectors has also impacted the packaging industry. Manufacturers are limiting the workforce at manufacturing facilities due to the regulations imposed by the governments. However, the implementation of advanced techniques by OEMs to increase production capacity will augur well for the market. Similarly, the rising consumer inclination towards E-commerce due to the outbreak will significantly accelerate the revenue of the industry. Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/packaging-machinery-market-101806 Regional Analysis: Enormous Investments in Manufacturing Sector to Favor Market in Asia Pacific The market in Asia Pacific stood at USD 13.34 billion and is expected to account for the highest share in the market owing to, the heavy investments in the manufacturing sector. The rising government support in countries such as India and China are expected to enable speedy expansion of the market. North America and Europe are expected to witness a steady growth rate during the forecast period due to the low adoption of packaging machinery in the regions. Key Development: February 2019: BLAŽEK announced the launch of a fully automated ‘AMS 10-05 manipulator’, an addition to packaging equipment product range. The high performing equipment is equipped with a FESTO drive and control system that ensures fast operation. The Report Lists the Key Companies in the Packaging Machinery Market: Coesia S.P.A. (Bologna, Italy)I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. (Bologna, Italy)Salzgitter AG (Salzgitter, Germany)Viking Masek Global Packaging (Wisconsin, U.S.)Nichrome Packaging Solutions (Maharashtra, India)Asian Packing Machinery Pvt. Ltd. (Haryana, India)Aagard Group, LLC (Minnesota, U.S.)Mollers North America (Michigan, U.S.)Kalamazoo Packaging Systems (Michigan, U.S.)Frain Industries, Inc. (Illinois, U.S.)Sun Packaging Technologies, Inc. (Florida, U.S.)VELTEKO s.r.o. (Central Bohemian, Czech Republic)BLAŽEK (Central Bohemian, Czech Republic)The Adelphi Group of Companies (West Sussex, U.K.)Fuji Machinery Co., Ltd. (Aichi Prefecture, Japan)SAMPACK India Pvt. Ltd. (Tamilnadu, India)UnionPack International Co., Ltd. (Zhejiang, China) Quick Buy - Packaging Machinery Market: https://www.fortunebusinessinsights.com/checkout-page/101806 Table of Content Introduction Definition, By SegmentResearch Methodology/ApproachData Sources Executive SummaryMarket Dynamics Macro and Micro Economic IndicatorsDrivers, Restraints, Opportunities and TrendsImpact of COVID-19 on Packaging Machinery Market Short-term ImpactLong-term Impact Competition Landscape Business Strategies Adopted by Key PlayersConsolidated SWOT Analysis of Key PlayersGlobal Market Share Analysis and Matrix, 2019 Key Packaging Machinery Market Insights and Analysis, By SegmentsGlobal Packaging Machinery Market Analysis, Insights and Forecast, 2016-2027 By Machine Type (Value) Bottling lineCartoningCase HandlingClosingFilling & DosingForm, Fill & DealLabelling, Decorating & CodingPalletizingWrapping & BundlingOthers (Inspection Machines, Specialty Machines, Etc.) By End User (Value) FoodBeveragesPharmaceuticalsPersonal Care and ToiletriesHousehold, Industrial and Agricultural ChemicalsOthers (Garments, stationary, electronics, tobacco, etc.) By Geography (Value) North AmericaEuropeAsia PacificMiddle East and AfricaLatin America TOC Continued. Speak to Our Analyst- https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/packaging-machinery-market-101806 Have a Look at Related Research Insights: Woodworking Machinery Market Size, Share & COVID-19 Impact Analysis, By Type (Lathe, Planer, Saw, and Others), By Application (Furniture, Construction, Others), and Regional Forecast, 2021-2028 Telehandler Market Size, Share & COVID-19 Impact Analysis, By Type (Compact, High Lift, and High Load), By Technology (Hybrid, Electric, and Combustion), By Lift Height (Less than 5 meters, 5-15 meters, and More than 15 meters), By Lift Capacity (Less than 3 tons, 3-10 tons, and More than 10 tons), By End-User (Construction, Forestry, Agriculture, Oil & Gas, Manufacturing, Transport & Logistics, and Power Utilities) and Regional Forecast, 2021-2028 Palletizer Market Size, Share & COVID-19 Impact Analysis, By Technology (Robotic, Low Level or Floor Level and High-Level), By Product Type (Bag, Case, Bag, Pail and Others), By Application (Food & Beverage, Cosmetic & Personal Care, Healthcare & Pharmaceuticals, Others (Chemical, Automotive, etc.) and Geographical Forecasts, 2020-2027 Injection Molding Machine Market Size, Share and COVID-19 Impact Analysis, By Product Type (Plastic, Metal, Rubber, Ceramic, Others), By Machine Type (Electric, Hydraulic, and Hybrid), By Clamping Force (0 - 200 Ton Force, 201 - 500 Ton Force, and Above 500 Ton Force), By End-use Industry (Packaging, Automotive, Electronics and Telecommunication, Healthcare, Infrastructure, Others) and Regional Forecast, 2020-2027 CNC (Computer Numerical Controls) Machine Tools Market Size, Share & COVID-19 Impact Analysis, By Type (Metal Cutting, Metal Forming), By Application (Automotive, General Machinery, Precision Machinery, Transport Machinery, Others) and Regional Forecast, 2020-2027 About Us: Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in. Contact Us: Fortune Business Insights™ Pvt. Ltd. 308, Supreme Headquarters, Survey No. 36, Baner, Pune-Bangalore Highway, Pune - 411045, Maharashtra, India. Phone: US :+1 424 253 0390 UK : +44 2071 939123 APAC : +91 744 740 1245 Email: firstname.lastname@example.org LinkedIn: https://www.linkedin.com/company/fortune-business-insights Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd Read Press Release: https://www.fortunebusinessinsights.com/press-release/packaging-machinery-market-9454
COVID-19 restricted the movement of the consumer, in turn, affected entire business management systems, from supply chain to e-commerce adoption or expansion witnessed by rising off-premise alcohol sales and brands started using social media platform to keep the consumers connected, thereby COVID-19 has caused a massive influx in the number of active omnichannel off-premise buyers which could be a more opted channel post-COVID-19 too due to the convenience offered by the channel.New York, April 19, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "United States Spirits Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" - https://www.reportlinker.com/p06062853/?utm_source=GNW Thus, despite plunging sales from bars and restaurants, Liquor store and online sales of spirits surged for instance Barret Liquors (Liquor store) in Louisville, Kentucky, sales surged 30% to 40% in 2020 as the pandemic took hold. Moreover, bourbon, Tennessee whiskey and rye whiskey sales rose by 8.2%, or USD 327 million, in 2020, as stated by the Distilled Spirits Council of the United States.United States consumers today have more sophisticated palates than those of older generations. They are constantly looking to explore unique, high-quality alcoholic beverages. The inclusion of natural ingredients in alcoholic beverages improves their functionality and such products are gathering a lot of attention from consumers.The increase in health awareness among people and promoted inclusion of functional and natural ingredients provide greater opportunity for the premium alcohol market. There has been humongous sales coming in from the foodservice industry over the recent past, with considerable sales coming from premium alcoholic beverages especially premium wine and whiskey.Key Market TrendsGrowing Demand for Premium Alcoholic BeveragesAccording to Distilled Spirits Council, American Rye in the spirits market recorded an increase in 15.9% in 1.1Million 9-liter cases in 2018 in the United States. This has led to the growth in demand for premium and super-premium whiskey in 9-liters cases. The market is driven by the increasing demand for new and exotic flavors in fortified wine. In United States, mostly consumers are starting to drink ‘less-but-better’ alcohol, generally with higher barley and malt contents. The major players operating in the market are expanding their product portfolio, with strategic acquisitions of breweries, in order to spread their footprints across the world and tap the premium alcoholic beverage market.Whiskey holds the Largest Market Share in 2020The increasing demand for premium whiskies with the rising number of super-premium brands and the fast-growing cocktail market are the key factors driving the growth of the American whiskey market. Also, consumers are highly inclined toward Japanese whiskey due to its high quality and taste. The demand for whiskies, such as Bourbon, Tennessee, and Rye, is growing significantly in the United States, additionally, the trend of smoky whiskey was witnessed in the American distilleries, thereby players are experimenting with new techniques of smoking barley and other grains, using regional hardwoods or American peat. Further, players in the market are concentrating on the packaging of the whiskey product as a point of sale. For instance, In 2020, Powers Irish whiskey unveiled its new bottle design to attract new generation consumers in the market.Competitive LandscapeThe United States spirit industry is fragmented with the presence of several players. New product development, merger & acquisition strategies and expansion are some of the most preferred strategies for the spirit industry in the United States. The market studied is mostly dominated by players like Diageo PLC, Pernod Ricard, Suntory Holdings Limited, Bacardi Limited, and Sazerac and Company Inc., followed by the rest. The remaining market share is scattered among various players, such as E & J Gallo Winery, The Brown–Forman Corporation, and others.Reasons to Purchase this report:- The market estimate (ME) sheet in Excel format- 3 months of analyst supportRead the full report: https://www.reportlinker.com/p06062853/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: email@example.com US: (339)-368-6001 Intl: +1 339-368-6001
Barclays shares plunged 10% this week after a “fat fingered” trade. What happened?