Industrial Production Products & Services

Packaging Machines: Market Size, Growth & Forecast to 2030

The Packaging Machines market is valued at about $58.2 billion (2026) and is projected to grow at a 5.2% CAGR through 2030. The largest cost driver is Steel, aluminum, and machined alloys (35% of spend). Asia Pacific leads demand at 42%.

Market size
$58.2 bn (2026)
CAGR to 2030
+5.2%
Buyer power
Favours buyers
Tracked suppliers
450

Projected market growth to 2030

Market size index, 2026 = 100, at the 5.2% CAGR.

1291191101001002026105.22027110.72028116.42029122.52030128.82031

Cost structure

Steel, aluminum, and machined alloys
35%
Electronic components, PLCs, and automation sensors
25%
Direct assembly, engineering design, and software integration labor
20%
Factory overhead, testing facilities, and utilities
12%
Outbound freight, installation, and commissioning
8%

Regional demand split

Asia Pacific demand
42%
Europe demand
28%
North America demand
18%
Latin America demand
7%
Rest of world demand
5%

Key suppliers

Krones AGSyntegon Technology GmbHIMA Group S.p.A.Tetra Laval International S.A.Coesia S.p.A.MULTIVAC GroupFuji Machinery Co., Ltd.
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Claight market analysis of proprietary and public data. Full report: /category-intelligence/packaging-machines