The Packaging Machinery Market is experiencing robust growth due to the rising demand for efficient production processes and consumer preference for convenience in packaged goods.
The Packaging Machinery Market size was valued at USD 46.2 Billion in 2023 and is now anticipated to grow to USD 73.09 Billion by 2032, displaying a compound annual growth rate (CAGR) of 5.23% during the forecast period 2024-2032.