Canning Machine Opportunity Assessment 2017-2025

The most common method of food preservation is to enclose them in sterilized container or canning. This has encouraged the manufacturers to move into canning machine market as cans are as it is easy to open, distribute or reseal after use. Canning packaging is also moisture resistant which improves the quality of food which benefits both the consumers and manufacturers. Preserving food is not just an art, it is a science. Food is preserved by halting the growth of micro-organisms. Fruits and vegetables may be at their peak at a certain part of the season. Food preservation is a method in which both cooked and raw food is stored in containers under high pressure which can be used later. One of the key advantages of canning packaging is that it is neat and clean and enhances the aesthetic quality of food. In addition to this canning packaging retains freshness, and mainly their nutritious value remains intact. Canning packaging has a longer shelf life which enables the food to last long. Canning packaging has a low cost of storing and transportation that makes it the most economical solution for manufacturers which increases the sufficient margin for the suppliers. Smartseal is a new technique which the packing industries have offered to the canning packaging industries keeping the bacterial, toxic gases, chemicals away. 

The global packaging machinery market size was valued at USD 43.46 billion in 2018 and is expected to expand at a CAGR of 5.2% by 2025. Several factors including increased production output, especially in the emerging industrial economies such as China is anticipated to drive the growth. Increased demand for a wide range of products as well as packaging sizes coupled with the flourishing e-commerce industry is anticipated to further fuel the growth.

Demand for greater product diversity and wider range of products has in turn increased the demand for flexible packaging machinery from CPG manufacturers to incorporate these product and packaging changeovers easily. In addition, there has been increased demand for single serve bag sizes as well as small portions which is likely to fuel the demand for packaging machinery. Furthermore, there has been continued demand from CPG manufacturers for machinery that ensures overall equipment effectiveness that includes an overall low rejection rate, ease of operation, maintenance and integration, high level of flexibility, and a low environmental footprint.

In terms of end use industries, the market has been classified into food, beverages, chemicals, personal care, pharmaceuticals, and others. The food end-use industry is predicted to reach USD 13.90 billion by 2025. Increasing demand for ready-to-eat and convenience food items as well as the trend towards smaller portions and single serve bag sizes is anticipated to favor the segment growth in the forthcoming years.

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The beverage end use industry is expected to expand at a CAGR of 5.6% over the forecast period. Growing consumption of beverages, increase in the variety of beverage products as well as global trends towards consumption of healthy and organic beverages are some of the factors contributing to the overall growth. The pharmaceutical sector is anticipated to expand at a CAGR of 6.1% over the forecast period owing to several factors including R&D of generic drugs coupled with growing population, global ageing population as well as increased awareness about various diseases.


Post time: Jun-02-2021
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