Pulp Molding Machines Market Size Worth $913.6 Million By 2027

The global pulp molding machine market size is expected to reach USD 913.6 million by 2027 registering a CAGR of 3.9%, according to a new report by Grand View Research, Inc. The growth of this market can be attributed to the increasing demand for sustainable disposables, especially in the food & beverage and electronics industries.

Molded pulp packaging products, such as trays, clamshells, bowls, and plates, are widely used in the food packaging industry. Rising awareness about the benefits of leading a healthy lifestyle and consuming organic foods, such as fruits, is anticipated to drive the demand for pulp molding machines over the forecast period.

Growing demand for Ready-to-Eat (RTE) meals, on-the-go snacks, and single-serve packs are expected to further benefit market growth. In addition, growing concerns about single-use plastics and increasing demand for sustainable packaging solutions from both consumers and foodservice operators are anticipated to have a positive impact on market growth.

Pulp molding machines are used in the manufacturing of a wide variety of packaging products, which have high demand from end-use industries, such as electronics, healthcare, food packaging, and food service. Moreover, in industrial space, molded pulp packaging products are primarily used for packaging faucets, plumbing fixtures, and door hinges, which is likely to drive the demand further.

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https://www.grandviewresearch.com/industry-analysis/pulp-molding-machine-market

Further key findings from the report suggest:

The automatic machine was the leading segment and accounted for 46.3% of the total market share in 2019 owing to high flexibility and productivity and low maintenance costs of these machines
Rotary type machine segment is anticipated to register a CAGR of 4.0% over the forecast period owing to high productivity and low energy consumption and operating costs of these machines
The electronics end-use segment is estimated to register the highest CAGR of 5.4% from 2020 to 2027 on account of the increasing use of molded pulp products for the packaging of various electronic products, including mobile phones, computers, printers, and modems
Asia Pacific was the largest regional market in 2019 owing to increased use of disposable packaging solutions in emerging economies, such as China, India, and South Korea
Presence of local companies in the APAC region poses a substantial threat to the large-scale multinationals with a global presence, in terms of product quality and prices

Beverage Carton Packaging Machinery Market Worth $1.5 Billion By 2027

The global beverage carton packaging machinery market size is expected to reach USD 1.5 billion by 2027, expanding at a CAGR of 4.9%, according to a new report by Grand View Research, Inc. Rising awareness pertaining to the adverse environmental effects of plastic waste is expected to drive the demand for green packaging materials, in turn, benefitting market growth.

Increasing demand for drinks coupled with growing investment by beverage manufacturers for durable and sustainable secondary packaging is expected to drive the market over the forecast period. In addition, the demand for customized machines with high-tech and reliable machine components is likely to have a positive impact on the market.

Changing consumer lifestyles coupled with growing disposable incomes and increasing demand for a wide range of drinks are expected to positively impact the market. In addition, companies manufacturing drinks are focusing on innovation, which is expected to increase the number of drink options available in the market.

Rising demand for craft drinks as well as CBD-infused drinks is expected to have a positive impact on market growth. In addition, increasing consumer-driven demand for super-premium and premium distilled spirits is further anticipated to drive the growth of the drink industry, thereby driving the market over the forecast period.

Growing focus on automation to reduce the operating and labor costs, and maximize the uptime, is expected to drive the market. However, semi-automatic machines are also likely to generate a sizeable demand, most notably from microbreweries owing to less costly nature compared to the automatic versions.

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https://www.grandviewresearch.com/industry-analysis/beverage-carton-packaging-machinery-market

Further key findings from the report suggest:

The horizontal end side-load cartoner type segment is likely to have the highest CAGR of 5.2% over the forecast period owing to its suitability for bulk product handling coupled with its ability to attain high speeds
The automatic mode of operation segment is anticipated to have the highest CAGR over the forecast period owing to the increasing investments in automation, coupled with a growing focus on reducing operating and labor costs
The non-alcoholic application segment is anticipated to witness a CAGR of 4.8% from 2020 to 2027 owing to the growing demand for bottled water as well as sports and functional drinks
In Asia Pacific, the market is estimated to witness a CAGR of 5.8% from 2020 to 2027 on account of rapid expansion of the drink industry coupled with the increasing purchasing power of the consumers in the region
Large manufacturing companies are increasingly demanding customized packaging solutions, including beverage carton packaging machinery that caters to their specific requirements.

Grain Processing Equipment Market Size Worth $5.9 Billion By 2025

The global grain processing equipment market size is anticipated to be valued at USD 5.9 billion by 2025, exhibiting a CAGR of 5.0% over the forecast period, according to a new report published by Grand View Research, Inc. The grain processing equipment industry is projected to be driven by the growing demand for processed food products in food & beverage industry.

The grain processing equipment industry is one of the prominent industries witnessing significant market growth in the recent years. Various macroeconomic factors such as rising income level of the middle class population, increasing consumer awareness, and growing demand for processed and packaged food are expected to trigger the market growth over the forecast period. The strong presence of regulatory associations such as the Environmental Protection Agency (EPA) and the Ministry of Food Processing Industries is expected to aid the industry growth. Hygiene, quality, and technological advancements are the major pillars of the global food processor machines industry.

The market is segmented into semi-automatic and automatic on the basis of mode of operation. Automatic grain processor is expected to be the dominant mode of operation segment, which is projected to account for over 51.2% of the total revenue share by 2025. This is mainly owing to high demand for automation, technological developments, and strong R&D capabilities of industry players. Semi-automatic equipment segment is expected to progress at a CAGR of 4.3% over the forecast period.

Pre-process machine segment is expected to dominate the global grain processing equipment industry, propelling at a CAGR of 5.3% from 2019 to 2025. Asia Pacific, prominently China and India, is one of the leaders in the global food processing equipment industry. Rising disposable income in China, India, and Japan is one of the factors favoring the grain processors market in Asia Pacific. Moreover, increasing demand for leisure food in China, India, Indonesia, Malaysia, Japan, and various other countries is anticipated to spur the growth of grain processing market over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/grain-processing-equipment-market

Further key findings from the report suggest:

Automatic equipment is expected to be the fastest-growing segment, registering a CAGR of 5.7% from 2019 to 2025
Pre-process machine type is anticipated to be the largest and fastest-growing segment in 2025 in the global grain processing equipment Market
The U.S. is one of the prominent markets and holds a considerable share. Food industry in the U.S. favorable impacts the grain equipment market considering a huge presence of industry players, favorable government policies, and industrial automation
Asia Pacific is projected to be the fastest-growing region and a prominent food processing equipment market, which is majorly driven by China, India, and other Asian countries. The region is expected to advance at a CAGR of 7.1% over the forecast period

Brewery Equipment Market Worth $25.88 Billion By 2027

The global brewery equipment market size is expected to reach USD 25.88 billion by 2027, expanding at a CAGR of 5.6% from 2020 to 2027, according to a new report by Grand View Research, Inc. Growing consumption of different types of craft beer across the globe is anticipated to drive the demand for brewery equipment.

Increasing usage of craft breweries, including brewpubs and microbreweries, globally is projected to drive the market over the forecast period. Furthermore, constant product innovations are resulting in an increased focus of the prominent market players towards business expansion by installing new breweries, thereby augmenting the product demand.

Macro breweries require a high number of tanks as well as high capacity equipment to ensure consistency in beer production on a large scale, thereby resulting in higher equipment demand. Furthermore, rising demand for craft beer due to the growing preference among individuals for natural, tasty, and local products is likely to complement the market growth.

Various brewers are adopting considerable changes in the operations as well as brewing processes to differentiate their products based on factors, such as taste and packaging. The increased level of competitiveness in the industry is likely to result in the increased focus of market players towards the development of superior products over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/brewery-equipment-market

Further key findings from the report suggest:

Europe accounted for 48.2% share of the global revenue in 2019 on account of increased beer consumption, coupled with a surge in beer processing, thereby leading to propelled demand for brewery equipment
By mode of operation, the automated brewery equipment is estimated to expand at a significant CAGR from 2020 to 2027 owing to the increased focus of various economies, including Brazil and Argentina, on optimization and automation in the beer-making process
The U.S. dominated the North American market by accounting for 71.4% share of the overall revenue in 2019 owing to the exponential demand for beer, resulting in brewery expansion by major brewers, thereby driving the demand for brewery equipment
In the craft brewery equipment type, compressors accounted for 21.1% share of the overall revenue in 2019 on account of the multi-functional attributes of compressors, leading to its usage at various stages of brewing
The key players in the industry are engaged in expanding facilities and product portfolios to ensure their market dominance.

Washing Machine Market Size Worth $42.16 Billion By 2025

The global washing machine market size is expected to reach USD 42.16 billion by 2025, according to a new report by Grand View Research, Inc. Increased needs for differentiated products and services have led to an upsurge in investments for R&D activities. Ongoing advancements, such as coin laundry, crowdsourced supply, and on-demand services, are drawing investors toward the laundromat and laundry industries seeking minimal on-site management obligations. Moreover, the commercial laundry space is becoming more automated with the introduction of Internet-enabled features in the washing machines.

The increased number of dual-income households coupled with insufficient time for laundry has led to the growing demand for laundromats. Additionally, the growth in the hospitality sector in emerging countries and the advent of on-demand services are expected to propel the commercial washing machine growth. Furthermore, energy labels and energy efficiency policies have enabled manufacturers to focus on the development of energy-efficient products.

The growth in online laundry services is expected to have a positive impact on the commercial washing machine industry. The commercial washing machine market is characterized by the presence of key players who provide conventional washing and laundry services. However, the startups in this industry are struggling to fill in the gap by providing comprehensive solutions at a reasonable price.

Click the link below:
http://www.grandviewresearch.com/industry-analysis/washing-machine-market

Further key findings from the report suggest:

The fully-automatic washing machine industry is expected to be the fastest-growing segment owing to the growing shortage of time for household chores
The demand for washing large volume of the load is providing traction to the growth of the washing machines having a capacity of over 8 kg
The residential sector is anticipated to grow at a CAGR of over 5% throughout the forecast period due to the transition from semi-automatic to fully automatic washing machines.
The strong growing demand for residential products in the UAE and Saudi Arabia is contributing to the growth in the MEA region
The major players include LG Electronics Inc., Samsung Electronics Co. Ltd., Whirlpool Corporation, and Electrolux AB
Emphasis on R&D is a major strategy adopted by the key players to generate financial profits and address the environmental and social issues through technologies and products