Automatic Food Wrapping And Packaging Machines Market
The market for Automatic Food Wrapping And Packaging Machines was estimated at $2.3 billion in 2024; it is anticipated to increase to $3.9 billion by 2030, with projections indicating growth to around $6.2 billion by 2035.
Global Automatic Food Wrapping And Packaging Machines Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Automatic Food Wrapping And Packaging Machines industry revenue is expected to be around $2.5 billion in 2025 and expected to showcase growth with 9.4% CAGR between 2025 and 2034. The steady expansion of the Automatic Food Wrapping and Packaging Machines sector is a testament to its increasing significance in modern manufacturing processes. Key driving factors for this growth include rising global food retail industry, increasing demand for packaged food owing to changing lifestyles and food habits, and technological advancements in automatic packaging systems. Furthermore, the ongoing shift towards automation and incorporation of advanced technologies for improving efficiency, reducing packaging time, and ensuring product safety is reinforcing the market relevance.
Encompassing an impressive suite of key features from high-speed operation, flexible packaging options, easy maintenance, to energy efficiency, the Automatic Food Wrapping and Packaging Machines are designed to meet the diverse needs of the sector. These machines find major applications in various food industries including dairy, bakery, meat, and confectionery, among others, in order to optimize their processes and enhance productivity.
Market Key Insights
- The Automatic Food Wrapping And Packaging Machines market is projected to grow from $2.3 billion in 2024 to $5.6 billion in 2034. This represents a CAGR of 9.4%, reflecting rising demand across Food Production Industry, Consumer Goods Segment and Pharmaceutical Sector.
- ABB Ltd, Bosch Packaging Technology, Coesia SpA are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Automatic Food Wrapping And Packaging Machines market and are expected to observe the growth CAGR of 6.9% to 9.9% between 2024 and 2030.
- Emerging markets including Vietnam, Nigeria and Indonesia are expected to observe highest growth with CAGR ranging between 9.0% to 11.8%.
- Transition like Towards Automation is expected to add $170 million to the Automatic Food Wrapping And Packaging Machines market growth by 2030.
- The Automatic Food Wrapping And Packaging Machines market is set to add $3.3 billion between 2024 and 2034, with industry players targeting Vacuum Packaging & MAP Packaging Technology projected to gain a larger market share.
- With The growing demand for packaged food, and Advances in automation technology, Automatic Food Wrapping And Packaging Machines market to expand 146% between 2024 and 2034.