Research and Markets: North America Food Packaging Machinery Market 2015-2019 – Increased Use of Nanotechnology
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/hzgvj7/food_packaging) has announced the addition of the “Food Packaging Machinery Market in North America 2015-2019” report to their offering.
The food packaging machinery market in North America to grow at a CAGR of 6.68% over the period 2014-2019.
The report, Food Packaging Machinery Market in North America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Traditional paper and plastic packaging materials are the most commonly used packaging materials. The use of nanotechnology in this segment may lead to a major development in the packaging industry. Nanotechnology will likely increase the quality of packaging and significantly reduce wastage. Nanocomposites used in packaging can boost flame resistance and reduce damage to products. This will result in the development of new packaging machinery to support nanotechnology, especially in the food processing and medicine sectors.
According to the report, the food packaging machinery market in North America will benefit from the immense growth of the e-commerce segment, which accounts for 14.08% of the $1.29 trillion-global e-commerce market.
Further, the report states that the overall market growth rate will likely be offset by reduced demand in the European market, owing to high taxes and labor costs as a result of economic slowdown.
– Coesia Group
– GEA Group
Other prominent vendors
– Adelphi Masterfil
– AMF Bakery Systems
– Bradman Lake
– Graphic Packaging Holding
– Harland Machine Systems
– Heat and Control
– IMA Group
– JBT FoodTech
– Omori Machinery
– Orion Packaging System
– Oystar Holding
– Sealed Air
– The Krones Group
– Weber Marking Systems
For more information visit http://www.researchandmarkets.com/research/hzgvj7/food_packaging
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Sector: Food Packaging, Machinery and Parts