Automated Poly Bagging Machines to Dominate Poly Bagging Machines Market
A poly bagging machine is generally used for packaging goods. It requires employee training, while producing maximum labor efficiency. It is necessary to protect goods in transportation and shipment, and the packaging protects the goods from possible damages. The poly bagging machine holds a small footprint and is often positioned on casters for mobility. Moreover, the intuitive and convenient features of these bagging need very little training to execute. Moreover, the polybags can be customized in various sizes, colors, and patterns as per consumer specifications. Packaging is often considered as one of the most significant parts of the end product, as it displays the premium branding of producers as well as intimates the product aesthetics. Poly films are used as raw materials in the production of poly bags. The advancement in the design and material quality of poly bags is driving the demand for the poly bagging machines market in North America during the forecast period.
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Polybags are broadly used every day, mostly by retailers and small vendors to pack various goods. Despite the extent of the business, almost every seller demands plastic bags to sell their products to their consumers. Thus, as the demand is on a daily basis, the production of plastic bags is increasing with the rising product consumption. The daily consumption rate of such bags extends to millions in big cities offering a huge market future for North America. The advancements in technology and innovations such as automated poly bagging machines make it easier for consumers to pack their goods without any kind of hassle. Most of the present market demand is captured by automated machines, and thus, most of the manufacturers in North America are focusing on automated poly bagging machines due to their cost and labor effectiveness. The increasing demand for automated machines in the U.S. and Canada is likely to expand the North America poly bagging machines market during the forecast period.
Rise in Demand for Poly Bags from Retail Industry Likely Post COVID-19
The poly bagging machines market was witnessing a heavy demand until the COVID-19 started to rise its spread across the world. Various manufacturers were progressing quickly toward their sustainability goals. The impact can be seen in almost every industry, including packaging. The innovative ideas to produce less environment-harming poly packaging with reusability came to pause with the halt in progress toward a sustainable and circular supply chain. The increase in digital printing, changing consumer preferences, eCommerce, consumer safety concerns, and redefined sustainability are some major factors that affected the growth of the North America poly bagging machines market during the COVID-19 pandemic. Hence, there is a heavy need for manufacturers to rebalance sustainability intentions that include intensified hygiene, normalize eCommerce, and consider product cost. The impact will also improve the demand, as the upcoming buying trends are expected to highlight consumer needs across the poly bagging machine manufacturers in North America.
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While many industries are experiencing a negative growth rate, the North America poly bagging machines market is anticipating a growth rate of 0.5% in 2021. As North Americans are rapidly recovering from the virus spread with an increasing number of individuals vaccinated, the markets are permitted to work under the safety and hygiene guidelines, and the supply chain is expected to restart shortly. Moreover, plastic packaging has been the material of choice in almost every sector for decades, especially in the medical sector. The poly bagging machines have helped assist authorities and public health advocates in making sure that materials and products are on the frontline of combating the spread of the coronavirus. Moreover, the rapid production and distribution of COVID-19 vaccines in North America are anticipating the restoration of every industrial sector and expecting increased demand for poly bagging machines from the consumer electronics and retail industry post COVID-19 pandemic.
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Increased Convenience through Automatic Poly Bagging Machines Propelling Global Market
Polybags are growingly popular among various retail businesses, due to their ease of production and procurement as well as their cost-effectiveness. Moreover, the machines for poly bagging are customized to bag goods and products in wrappers or containers. The present market holds various types of poly bagging machines using custom configurations ranging from agricultural products, including corn, feed, and seed to chemical and industrial powders such as graphite, gypsum, and barite. The North America poly bagging machines market is also expecting an increasing demand from the food packaging industry, due to consumer dependency on packaged food items. The food products manufacturers have increased focus on the packaging of the items with convenient and user-friendly features. The new upgraded poly bagging machines are compatible to meet a large requirements, primarily to meet the rising demand from the food sector. The increasing demand from the food packaging and consumer electronics industries is anticipated to boost the North America poly bagging machines market during the forecast period.
Small and large businesses are constantly looking for ways to maximize participation and labor, while reducing their production cost. Most businesses in North America choose automatic bagging machines that suit their business needs and can help fulfill these objectives. The automated poly bagging machines not only enhance productivity but also improve consistency and reduce quality issues.
North America Poly Bagging Machines Market: Overview
- According to Transparency Market Research’s latest report on the North America poly bagging machines market for the forecast period of 2021–2031, the market is estimated to grow due to the demand from food & beverage, pharmaceutical, and consumer electronics industries
- The North America poly bagging machines market is expected to clock a high growth rate during the forecast period. eCommerce is likely to increase the sales of poly bagging machines in North America in the years to come.
Automation to Shape Market for Poly Bagging Machines in North America
- Disruptive automation is giving rise to artificial intelligence, Big Data analytics, and machine learning, which is likely to shape the poly bagging machine market in North America. Some of the features of these technological advancements comprise the robotic platform, improved sensors, and end-of-arm tool instruments, which make it quicker and easier to pack goods. This is likely to uplift the pharmaceutical, consumer electronics, automobile, and general packaging segments.
- It could also be witnessed that customers in North America prefer automatic poly bagging machines to semi-automatic machines, and as a result, automatic poly bagging machines capture more than 67% of the market share in 2021
- Many of the key players manufacturing poly bagging machines can be observed in the North American region due to the high demand for polybags and easy availability of spare parts & equipment required
eCommerce Significantly in Changing Dynamics of Poly Bagging Machines Market in North America
- Advent of eCommerce has given a huge boost to online businesses and the packaging sector. Due to the onset of the pandemic, the mode of purchasing has inclined toward the online and the Internet has created huge opportunities for manufacturers of pharmaceutical, healthcare, stationery, consumer electronics, and other segments.
- Versatility of poly bagging machines makes it a good investment for manufacturers, as it provides a high return on investment, and is extremely useful for packaging goods from various sectors
- Consumer electronic segment in the poly bagging machines market is expected to account for more than 30% of the total market share during the period of 2021–2031. Demand for polybags in the pharmaceutical industry is expected to increase at a CAGR of 4.3% during the forecast period.
North America Poly Bagging Machines Market: Key Findings
- The North America poly bagging machines market is estimated to increase with the growth rate of 3.3% during the forecast period. This growth can be attributed to the increase in the demand for polybags in U.S. and Canada, and increasing online businesses.
- As per the TMR analysis, more than 3/5th market in the operation types machines are captured by automatic poly bagging machines. Automatic machines are anticipated to lead the poly bagging machines market during the forecast period with a CAGR of 2.9%. Features such as low manpower requirement and high savings on these machines contribute to the market growth.
- Country wise, the U.S. is leading the charts in terms of market share during of 2016–2031. North America is expected to cumulatively represent an incremental opportunity of US$ 870 Mn by 2031. Presence of key players and high disposable income of customers could be the reasons for growth of U.S. poly bagging machines market.
- In terms of capacity per hour, the 1,001 to 2,000 packages is projected to be valued at US$ 0.9 Bn in 2021. This segment is expected to account for a prominent share of more than 43% of the total market share in 2021. Mobility of the machine, economical, and appropriate packaging are the reasons behind the popularity of 1,001 to 2,000 packages per hour.
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