Food packaging machinery market in APAC to grow at a CAGR of 6.62%, In terms of revenue, over the period 2014-2019: ResearchMoz

Albany – NY, Oct. 21, 2015 (GLOBE NEWSWIRE) — A food packaging machinery performs a significant function in the food packaging industry. It enables process control and efficiency in the overall food packaging process. It is widely used for filling, closing, wrapping, and coding food products. Proper packaging of food products ensures that there is no spoilage of packaged food products throughout the supply chain, and that it can withstand changes in temperature so as to maintain its quality and edibility.

Technavio’s analysts forecast the food packaging machinery market in APAC to grow at a CAGR of 6.62%, In terms of revenue, over the period 2014-2019.

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Covered in this report

This report covers the present scenario and the growth prospects of the food packaging machinery market in APAC for the period 2015-2019. To calculate the market size, the report considers revenue generated through the sales of food packaging machinery in APAC. The report includes the segmentation of the market into two broad categories: machinery type and application.

Technavio’s report, Food Packaging Machinery Market in APAC 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.

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Key leading countries

  • China
  • India
  • Japan

Key vendors

  • Acmavolpak
  • Bosch Packaging Technology
  • GEA Group
  • Illinois Tool Works

Market driver

Demand for advanced packaging system

For a full, detailed list, view our report

Market challenge

High initial investment

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Market trend

Consumer convenience

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Key questions answered in this report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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