the global Pillow Packing Machine market size is projected to reach USD 2.3 billion by 2029

Pillow Packing Machine Market Summary

The pillow packaging machine is an automatic continuous shrink packaging equipment that uses ordinary electric furnace wire heating. It has the advantages of fast temperature rise, good stability, and low maintenance costs. Its shrinkage temperature and motor transmission speed are stable and adjustable, and the adjustment range is wide. This packaging machine also has an original drum rotation device that can work continuously. It is suitable for shrink packaging of any shrink film, has better performance and better packaging effect than previous shrink machines.

According to the new market research report “Global Pillow Packing Machine Market Report 2023-2029”, published by GlobalInfoResearch, the global Pillow Packing Machine market size is projected to reach USD 2.3 billion by 2029, at a CAGR of 6.1% during the forecast period.

• Global Pillow Packing Machine MarketSize(US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global Pillow Packing Machine Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

Market Drivers:

Automation and efficiency improvement: With the development of manufacturing industry, companies are paying more and more attention to production efficiency and product quality. As an automated packaging equipment, pillow packaging machines can improve packaging efficiency and packaging quality while reducing labor costs. Therefore, they have been widely used in many industries such as food, pharmaceuticals, and daily chemicals.

Changes in consumer demand: As consumers continue to have higher requirements for product packaging quality, freshness and safety, companies need to use better packaging equipment to meet consumer needs. The pillow packaging machine has perfect sealing performance and high-quality packaging effect, which can ensure the safety and freshness of the product, while also improving the appearance, image and added value of the product.

Restraint:

Cost pressure: The price of pillow packaging machines is relatively high. For some small and medium-sized enterprises, the purchase cost may become a constraint. In addition, the maintenance and repair costs of pillow packaging machines are also high, requiring companies to invest a certain amount of capital and labor costs.

Market competition: The competition in the pillow packaging machine market is very fierce. There are a dazzling array of equipment of different brands and models. Enterprises need to choose suitable equipment and at the same time face the pressure of price competition in the market.

Opportunity:

The rise of e-commerce: With the rapid development of e-commerce, the demand for commodity packaging is increasing, and more efficient packaging equipment is also required. The pillow packaging machine can meet the batch production needs of the e-commerce industry. It can automatically measure, seal, cut, label, etc. It can effectively improve packaging efficiency, reduce packaging costs, and further meet the needs of the e-commerce industry and customers.

Technological innovation and upgrade: The pillow packaging machine continues to innovate and upgrade technically, adopting more advanced technology and materials to improve the performance and efficiency of the equipment, while also meeting the packaging needs of different products. With the continuous advancement of technology, pillow packaging machines are also expected to achieve more intelligent and automated packaging operations in the future, improving production efficiency and product quality.

• Global Pillow Packing Machine Top15Players Ranking and Market Share（Continually updated）

Source: GlobalInfoResearch, “Global Pillow Packing Machine Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.

According to GlobalInfoResearch Top Players Research Center, the global key manufacturers of Pillow Packing Machine include Syntegon, Coesia Group, PFM Packaging Machinery, FUJI MACHINERY, SACMI, ULMA Packaging, BW Flexible Systems, Pakona Engineers, KAWASHIMA, Omori Machinery, etc. In 2022, the global top 10 players had a share approximately 43.0% in terms of revenue.

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