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Food Industry Will Remain Largest Market for Packaging Machinery

April 20, 2022


The Freedonia Group projects global demand for packaging machinery to expand 5.8% per year to $71.1 billion in 2026, driven by rising manufacturing output. The global food, beverage, and pharmaceutical and personal care product industries – which are the most intensive users of packaging materials and equipment – are expected to account for 71% of all new product demand during this time.

The food market alone is expected to account for nearly one-third of global packaging machinery gains as industry output grows and manufacturers invest in new production and packaging capacity:

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