Industrial Production Products & Services · Direct
Monitoring · monthlyProcurement Category Intelligence
Packaging Machines
Overview
Market size
$56.8B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-1.4
supplier-favoured
Suppliers
7
tracked players
Signals
12
monitored
Market outlook
2031$73.2B
What changed
Demand by region
Asia Pacific demand42%
Europe demand28%
North America demand18%
Latin America demand7%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Steel, aluminum, and machined alloys35%
Electronic components, PLCs, and automation sensors25%
Direct assembly, engineering design, and software integration labor20%
Factory overhead, testing facilities, and utilities12%
Outbound freight, installation, and commissioning8%
share of delivered cost (analyst estimate)