The packaging industry continues to grow and is in great demand in the pharmaceutical, food, cosmetic, chemical industries and many more. With the rise of e-commerce products and packaging trends, the only constant that has allowed companies to efficiently package products and ship them to customers instantly is none other than the machinery that comes with them.
Packaging machinery makes an important contribution to the success of the packaging market. So, in this blog, let’s go over some of the packaging machinery development trends and see what kind of machinery industries are using to keep up with their packaging process.
The global packaging machinery market has enormous commercial potential. Having been valued at $43,520 million in 2020, current consumer and supplier trends have influenced a positive trajectory. Between 2021 and 2030, the packaging machinery market is expected to grow at a CAGR of 4.7% to reach USD 69,218 million by the end of the period.
What reasons contribute to this? The main factor is the increased demand for consumer goods, which encourages industries to use more automated packaging machines to be more efficient and fulfill orders. Older versions require more time and resources, so Moderna packaging machines play a very important role in ensuring that product safety and quality assurance standards are always met throughout the supply chain.
When it comes to the packaging machinery market segments, here are the machines that are widely used by the industries:
1. Filling machines
2. Forming, filling and sealing machines (FFS)
3. Packaging machines
4. Palletizing machines
5. Labeling machines
6. Wrapping machines
7. Cleaning and sterilization machines
8. Vacuum packaging machines
Let’s review some of the trends in packaging machinery that play a role today and will play an additional role in the appreciation of market value in the coming years:
Undoubtedly, one of the main trends to take into account is the innovative approach of the packaging machinery industry to continue improving the automation in its packaging lines. With workforce-related issues such as retention of top talent and high labor costs, many industries have been inclined to focus on smart manufacturing and seek automated processes. This is possible with the integration of Artificial Intelligence (AI) and Machine Learning (ML).
Nowadays, there is an increased demand to rely on robots to maximize production in less time. However, the demand may vary between larger companies and smaller companies. In addition, there is also a demand for collaborative packaging machinery that makes it convenient for human workers to operate remotely and also safe for them.
Despite many claims that robots can take over humans in the future, there is no denying that intelligent robots and automated packaging machinery can lead to greater accuracy and speed of packaging. Automation can be one of the main factors that separates high-performing companies from the rest, as it improves speed and accuracy. In addition, it brings consistency to the entire process to manufacture high-quality packaging materials.
When talking about convenience and advanced technologies, packaging machinery with wireless connectivity is another trend to keep in mind. The Industrial Internet of Things (IIoT) has an effect on the packaging process. This is another smart manufacturing method since in the old days, delayed connections could affect the manufacturer’s packaging process. To ensure the stability and uninterrupted workflow in the packaging process, the packaging machinery that supports Wi-Fi and Bluetooth, 5G and Zigbee is a great help.
The next trend is related to cybersecurity. Ransomware attacks on major retail companies such as Cadbury and Target have led to the identification of vulnerabilities in the infrastructure of packaging machinery. Manufacturers are now eager to improve their industrial packaging machines to combat these cyberattacks and ensure a smooth workflow.
Flexible packaging is becoming popular, especially among many fast-moving food and consumer goods brands. It leads to sustainable packaging and is considered economical in the manufacture of packaging. Innovative measures, such as the manufacture of compostable materials such as films and bag closures, contribute to sustainability and flexible packaging. You will find packaging machines that help to form flexible packaging materials that drive more sales for companies.
With a large amount of packaging waste being discovered in the oceans and landfills, consumers are more aware of the environmental consequences that these by-products can bring. As a result, there is more emphasis on the manufacture of sustainable and recyclable packaging materials.
Last but not least, the rise of e-commerce has become probably the most important factor driving all these trends. The amount of online sales increased in recent years, which led to an increased need to maximize packaging space and use more and more packaging materials. To support this, the packaging machinery keeps innovating and has become more advanced to serve smart consumers and fast processing of packaging supplies.
These current trends have and will affect the habits of packaging machinery manufacturers in the coming years. However, it is not inconceivable to think that there will be future trends in the coming years that may exponentially affect the growth of the packaging machinery market.