Oil Packing Machine Market Size, Share, Growth Analysis Report 2030


Posted February 9, 2024 by Amol24

Oil packaging machines are widely used in the food sector and are expected to have increased demand in the future due to the growing public need for cooking oil that is packed in a safe and hygienic mann

 
Oil Packing Machine Market Overview:

The Oil Packing Machine Market is valued at around USD 225.6 million in 2022 and is expected to reach USD 344.6 million by 2030, registering a CAGR of 4.3% over the forecast period.

Specialized machinery known as "oil packing machines" is used to package different kinds of oils, such as lubricants, cooking oils, culinary oils, and other liquid or viscous items containing oil. By automating the filling, sealing, and labelling of oil containers, these machines serve a vital role in the packaging business by guaranteeing accuracy and efficiency in the packaging of products based on oil.

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Market Growth Factors:

Oil packaging machines are widely used in the food sector and are expected to have increased demand in the future due to the growing public need for cooking oil that is packed in a safe and hygienic manner. Furthermore, rising consumer spending on skin and hair care products is expected to hasten the growth of the oil packaging machine market. Because of this, it is anticipated that by 2032, the oil packaging machine business would have great revenue prospects and grow at a rate of 1.5 times its current market value.

The rising acceptance of these machines across a variety of end-use industries is expected to fuel the expansion of the oil packing machine market. These sectors are using oil packing machines more frequently in order to provide clean and safe packaging options that improve product safety while also enhancing efficiency and production.

Oil Packing Machine Market Trends:

There has been a significant shift in the way that consumers purchase edible oil. Due to growing consumer awareness of food safety and hygiene, bottled oil is now preferred by consumers over loose oil.
Bottled oil is becoming more and more common outside of urban areas as well. Because edible oil packaging is increasingly being produced in smaller SKUs (stock keeping units), the world's edible oil consumption is rising.
Consumers are opting for cooking oil in small, flexible pouches due to their affordability, portability, and ease of storage. Because oil is now packaged in smaller SKUs (stock keeping units), it is therefore expected that sales of oil packing machines would rise over the next years.
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The Oil Packing Machine Market – Segmentation

The Oil Packing Machine Market fragrance concentrates market has been sub-classified into automation, orientation, end-user.

On the basis of automation, the Oil Packing Machine Market is bifurcated into:

Automatic
Semi-automatic
Others
On the basis of orientation, the market is segmented into:

VFFS machine
HFFS machine
Others
On the basis of end-user, the market is segmented into:

Food
Cosmetic and personal care
Pharmaceutical
Oil and lubricant
Others
The Oil Packing Machine Industry: A Geography Examine

Due to alliances with Chinese automakers and a rise in foreign direct investment by international automakers, Asia-Pacific, which previously controlled the global oil packing machine market, is currently growing. Due to the increasing market penetration of motor vehicles, the oil and lubricant industries are in need of oil packaging equipment.

Key players in the oil packing machine market:

Niverplast B.V., Turpack Makine Sanayi ve Ticaret Ltd. Sti., SN Maschinenbau GmbH, GEA Group, Siklmx Co. Ltd., Nichrome Packaging Solutions, Foshan Land Packaging Machinery Co. Ltd., Turpack Packaging Machinery, LPE (Levapack), APACKS, and others are some of the major companies operating in the global oil packing machine market.

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Issued By amol shinde
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Country India
Categories Business
Tags oil packing machine market growth , oil packing machine market share , oil packing machine market demand , oil packing machine market scope
Last Updated February 9, 2024