Market Overview:
An automatic bagging machine is a type of bagging equipment that is used for packaging various products in the food & beverages, chemical, pharmaceutical, and packaging industries. In recent times, industries are rapidly moving towards automation and adopting machinery & equipment to reduce the labor cost and increase packaging capacity. A variety of materials and bulk products are packaged by using open-mouth filling systems. The process includes feeding, weighing, and dumping products into the bag which is clamped on a pneumatic holder.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Duravant LLC (United States), Premier Tech Chronos (Canada), Nichrome (India), Automated Packaging Systems, Inc. (United States), BL Bagline (Italy), RM Group (United Kingdom), Rennco (United States), Totani Corporation (Japan), Mondi Group (Austria), PAC Machinery (United States), Velteko (Czech Republic) and Syntegon Technology (Germany) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Manufacturers of Automatic Bagging Machine Market Study:
Duravant LLC (United States), Premier Tech Chronos (Canada), Nichrome (India), Automated Packaging Systems, Inc. (United States), BL Bagline (Italy), RM Group (United Kingdom), Rennco (United States), Totani Corporation (Japan), Mondi Group (Austria), PAC Machinery (United States), Velteko (Czech Republic) and Syntegon Technology (Germany)
Automatic Bagging Machine Market Segment Analysis
Scope | Sub-Segments |
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Type | Open-Mouth Baggers, Valve Bag Packers, Form Fill and Seal Baggers and Compression Baggers |
Industry | Food & Beverages,Packaging,Chemicals,Pharmaceuticals,Others |
Automation | Fully Automatic,Semi-Automatic |
Machine Type | Horizontal Baggers,Vertical Baggers |
Influencing Trend:
Growing Adoption of Fully Automatic Bagging Machines and Development of Advanced and Innovative Bagging Machines
Market Growth Drivers:
Growing Demand of Automatic Bagging Machines in Packaging Industry to Reduce Operational Cost and Increase Productivity and Rise in Demand of Packages Foods Across the Globe Will Drive the Market
Challenges:
Slow Adoption of Automatic Bagging Machine by Small Manufacturers Due to Limited Budget or Inadequate Funding
Restraints:
High Cost of the Automatic Bagging Machine Will Create Hurdles
Opportunities:
Growing Food & Beverages Industry Due to Increasing Population Thereby Food Demand
. The Global Automatic Bagging Machine market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In March 2021, Bühler and Premier Tech introduced the new series of fully automated packaging equipment CHRONOS OML-1060. The new fully automatic OML-1060 packaging solution for the grain, food, and feed industries is a more affordable iteration of an existing high-end solution. As the first open-mouth bagger, the OML-1060 can easily handle free-flowing granular material such as animal feed, pet food, rice, seeds, and plastic pellets and also handle 20 to 50 kg bags at a speed of up to 600 bags per hour.
In February 2022, Duravant LLC, a global provider of engineered equipment and automation solutions for food processing, packaging and material handling, acquired Votech, a leading manufacturer of bag filling machines, palletizer machines, stretch hood machines and pallet transport systems, which is headquartered in Acquired GS B.V. Reusel, The Netherlands. Votech will work with Duravant operating company Fischbein International to serve its global customer base.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Automatic Bagging Machine market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Automatic Bagging Machine market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Automatic Bagging Machine Manufacturers, Suppliers and Distributors of Automatic Bagging Machine, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-User Industries and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.