The changing ways of consumption of products by the end user is compelling manufacturers to improve the packaging of their products. This in turn is forcing the packaging solution providers to fulfil the new customer expectations in terms of packaging. In many cases, the change or improvement in packaging is something that cannot be done through traditional packaging machinery.
Hence, the packaging machinery segment is witnessing an unprecedented thrust for advancement. The growing pharmaceutical industry and e-commerce sector are the major factors increasing the demand for the packaging machinery market in India. As for end-users, the food and beverage segment is anticipated to hold the majority of market share due to rapid urbanization and increasing demand for packed food products. Based on the type, the filling machine segment is expected to dominate the packaging machinery market in India as it is used most widely in food processing, in various products, and chemicals in the pharmaceutical industry.
The changing customer preference from using plastic based packaging to environment friendly packaging is anticipated to drive the market for new packaging machinery. Many players are replacing their older machine with the new packaging machine which can process biodegradable materials. To improve the flexibility in the packaging machineries, the vendors are integrating advanced software, which are proving to be helpful in improving control and connectivity. This is also opening up avenues for expanding production capacity through smart manufacturing techniques. As the companies operating in packaging industry are facing intense cost pressure due to rise in raw material prices, the way out is to use advanced packaging machinery to differentiate their service.
We studied this industry segment in-depth and have come up with the list of Top 10 Packaging Machinery Manufacturers who have excelled in this field with their innovative approach. Having proven their dedication to quality and delivery in order to meet the customer expectations in an end-to-end manner, these companies have stood out from the crowd.
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