Research and Markets: Packaging Equipment Market in North America: Research Report 2015-2019 with Barry Whemiller, Coesia, Krones, Mamata, Nordson & Pro Mach Dominating
November 5, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/ntmf36/packaging) has announced the addition of the “Packaging Equipment Market in North America: Research Report 2015-2019” report to their offering.
The report forecasts the packaging equipment market in North America to grow at a CAGR of 2.76% over the period 2014-2019.
The report covers the current scenario and growth prospects of the packaging equipment market in North America for the period of 2015-2019. Packaging equipment is widely used across many industries such as food and beverages, pharmaceuticals, and chemicals. The report includes a discussion on the key vendors operating in this market.
The emergence of automated packaging systems is expected to increase the efficiency of the packaging process. The monitoring and control capabilities of automated packing systems minimize waste by reducing the consumption of packaging material. It also reduces energy consumption, which is the major contributor to the packaging cost.
According to the report, North America is one of the largest markets for pharmaceuticals, globally. The population in this region is health conscious, as evidenced by their tendency to readily seek medical help, resulting in an increased expenditure on healthcare. This can also be attributed to a rise in their income levels.
Further, the report states that the Lack of effective product differentiation restricting the growth of the market.
To calculate the market size, the report considers revenue generated from sales of the following machineries:
- Filling equipment
- Labeling and coding equipment
- Sealing equipment
- Wrapping equipment
Key vendors:
- Barry Whemiller
- Coesia
- Krones
- Mamata
- Nordson
- Pro Mach
Other prominent vendors:
- Automated Packaging Systems
- Dover
- GEA Group
- Graphic Packaging Holding
- Illinois Tool Works
- Multivac
- Reynolds Group
- Robert Bosch
- Sato
- Tetra Laval International
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product type
Part 07: Market segmentation by end-user
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Other major vendors
Part 15: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/ntmf36/packaging
View source version on businesswire.com: http://www.businesswire.com/news/home/20151105005811/en/
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Sector: Packaging