In 14 July, 2024, Zenith Packaging solutions, a prominent Chinese packaging brand from over 15 years. The company has introduced new range of turkey packaging machines. The company’s China plant is able to meet the diverse need of 6 continent at as time. These six continent named Middle East, Oceania, North America, South America, Africa, and Europe.
The packaging solutions is engineered to deliver high-quality packaging solutions that will increase both efficiency and reduced cost. Its modular design will allow easy customization to meet specific customer needs. These features makes it an ideal solution many industries including pharmaceutical, food, and consumer goods.
To ensure smooth transition and optimal machines performance, the manufacturers provide comprehensive global installation and training program. These programs were designed to equip customer with the knowledge and skills that are necessary to operate and maintain the machine effectively.
In addition to installation and training, the manufacturers offers comprehensive support service across six continents. The services includes spare parts, technical support, prompt assistance to customers, and maintenance service whenever needed.
With the standards and customized options, training and installation, support services, the new packaging machine is revolutionizing the packaging industry globally. By providing reliable, cost effective, and efficient solutions, manufacturers aims to help business across various industries to improve their packaging operations and stay competitive in the global market.
As per the Coherent Market Insights report conducted on the global packaging machinery market is expected to reach at a CAGR of 5.9% between 2024 and 2031. Revenue is poised to reach at a sum of US$ 58.32 billion in 2024 and US$ 87.43 Billion by 2031. Increasing demand from food and beverages industry is likely to drive demand during the forecast period. People are now increasingly adopting packaged and processed food items that will in turn to lead demand for high production volumes.
Additionally, rising demand for e-commerce industry to package material for product delivery and transportation will fuel demand. Companies are concentrating on research and development to drive innovation. The major companies such as Bosch Packaging Technology will invest its 5% of revenue in research and development to develop cutting edge technologies.
“Changing consumer preference and rapid urbanization will aid in driving demand in the packaging machinery market”, says lead Advanced material analyst Vidyesh Swar. Additionally, growth in e-commerce industry will also prompting companies to work on effective packaging solutions for safe delivery of products to the customer’s.
Small and medium business are not able to invest huge capital in advanced packaging lines. This requirement of high investment will lead to restrict demand. Fluctuations in the price of raw materials will poised another challenge for the machinery producers. Companies are also collaborating with the technology partners to boost capabilities and introduce new product portfolio.
Developing countries in Asia Pacific region such as China and India will offer massive growth opportunities. Increasing disposable income and growing middle class population are the growth. All these factors will lead to the need for innovative packaging solutions.
