The world is experiencing rapid change and so are the packaging machines. There has been a rise in the global stick packaging machines market with types, applications, and regions witnessing great growth from 2018 to 2028. The demand for small size machinery is increasing because of its low cost and ease of use which makes it suitable for pharmaceutical, food, cosmetics as well as other industries.
In North America, the Asia Pacific, and Europe there has been a steady increase in large size packaging machines due to their high production capacity and efficiency which make them more popular among manufacturers of various goods including pharmaceuticals, food products as well as cosmetics or any other type of product that requires packing at industrial scale.
Stick packaging machines are automatic devices used for the production of small, medium, or large-sized packages. These devices consist of a number of components including an extruder that shapes and molds the product; a hopper to store raw material pellets; feeders to deliver these materials into the machine where they will be processed at high speed by rotating screws called spindles. The finished products can be packaged in many different forms such as paperboard boxes with lids, plastic sleeves forming wraps around individual items, blister packs made from thin polyester film, and cardboard tubes which may contain more than one item each.
On the basis of type, the global stick packaging machines market is segmented into small size, large size, and others.
Small size stick packaging machines are typically used for food and another fluid product packing. Small size stick packaging machines are used to pack small or thin items such as toothpaste and chewing gum. They come in a great variety of shapes, sizes, capacities, and prices that make them suitable for different applications.
Large size stick packaging machines are used for packing large amounts of products. This helps to pack a larger number of different kinds, sizes, or shapes of goods in the same machine with high speed and precision. The large packaging machine is mostly utilized by retailers and wholesalers to pack their products quickly before they go out on a shelf at stores. It can also be found in warehouses where it helps to efficiently fill orders from customers.
On the basis of application, the global stick packaging machines market is segmented into pharmaceutical, food, cosmetics, and others.
The pharmaceutical application is the most dominant application segment of stick packaging machines. The process involves filling a tube or bottle with the product and sealing it by applying pressure to molding the compound on one end, called plugging. This creates an airtight seal that prevents chemical exchanges between outside oxygen and inside oxygen in case of oxidation reactions such as hydrolysis and oxidation. The process is also known as capping and the machine that performs this function is called a cap-filler, which applies pressure to molding compound on one end of the container to seal it while airtight.
Stick packaging machine application in the food industry is to package food items that are eaten without any further preparation, such as potato chips, candies, cookies, and chips. Stick Packaging Machines also help to provide a clean finish on products that need some type of sealing or coating. These types of machines typically have a single blade that cuts or slices items into thin strips or sticks.
The application of stick packaging machines in cosmetics is to package products such as lipsticks, eyeshadows, and blush. It also includes the packaging of other cosmetics such as nail polish, shampoo, and conditioner.
On the basis of region, the global stick packaging machines market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America region is expected to dominate the global market for stick packaging machines during the forecast period 2019-2028 with a share of over 42%.
North America: the region of North America accounts for a large share in the global stick packaging machines market. The rise in demand for packaged food products is driving the uptake of product packaging from small and medium-sized enterprises, which are typically looking to package their goods at low costs with minimal investment. This trend has led to an increased adoption rate of stick packing machinery in this region.
Latin America: Latin America's fast-paced growth coupled with its relatively underdeveloped distribution system will lead to faster penetration rates by these kinds of automated applications during the forecast period (2017-2028). In Brazil alone, there were over 230 million new consumers added between 2005 and 2014 - more than any other country on earth. In Mexico too, the middle-class population has grown by over five million annually since 2013.
Europe: Europe has been a laggard in terms of adopting stick pack machines, due to the high cost and limited availability. However, with lower prices and better distribution channels coming up this trend is expected to change during the forecast period (2017-2028). In Italy alone, there were over 100 new companies that began offering automated packaging solutions for small enterprises between 2011 and 2016. In France too, it’s estimated that one out of every five industrialists does not have their own production facilities but instead outsources the manufacturing of its goods needs to a third party.
Asia Pacific: Asia Pacific region offers significant opportunities for growth as local economies are showing strong signs of recovery following recent global recessions. The fastest-growing markets include China and India.
Growth factors
- The growing demand for security packaging of food and pharmaceutical products has led to an increased usage of stick packaging machines.
-The increasing number of high-profile product recalls in the past decade have made companies increase their focus on safety by investing in better machinery designs, which is driving the market growth.
-The evolving consumer preferences, owing to the increasing number of health and safety regulations being introduced across regions have resulted in manufacturers investing in new machinery designs that comply with these standards.
Up Market Research published a new report titled “Stick Packaging Machines Market research report which is segmented by Types (Small Size, Large Size), By Applications (Pharmaceutical, Food, Cosmetics, Other), By Players/Companies Mediseal, Joyea, Toyo Machinery, Hassia Redatron, Viking Masek, Univesal, Marchesini, Sanko, Bosch Packaging Systems”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Stick Packaging Machines Market Research Report |
By Type | Small Size, Large Size |
By Application | Pharmaceutical, Food, Cosmetics, Other |
By Companies | Mediseal, Joyea, Toyo Machinery, Hassia Redatron, Viking Masek, Univesal, Marchesini, Sanko, Bosch Packaging Systems |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 217 |
Number of Tables & Figures | 152 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Small Size, Large Size and By Application Pharmaceutical, Food, Cosmetics, Other.
Some of the companies that are profiled in this report are:
Stick Packaging Machines Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Stick Packaging Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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