End-of-Line machinery accounts for $4.42 billion, or 46.8%, of all domestic equipment purchases, with a 2015-2020 CAGR of 6.5%. Through 2026 the growth forecast is 5.13%. Positively contributing to the future growth of EOL equipment are trends such as the focus on sustainability, renewed emphasis on supply chain visibility, expanding SKU counts across CPG industries, and widespread labor shortages.
What, specifically, is End of Line packaging? According to the PMMI Business Intelligence report 2021 End-of-Line Equipment Purchasing Trends and Design Insights, “EOL packaging, often referred to as bulk, tertiary, or transit packaging, is used to group larger quantities of SKUs to transport them from point A to point B (e.g., from production facility to point of sale). An example of tertiary packaging is a stretch-wrapped pallet containing a quantity of cardboard boxes to enable efficient product shipping.”
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There are five categories of EOL equipment, and two of them - case/tray handling, and labeling/coding, account for two-thirds of all EOL machinery sold, followed by palletizing, wrapping/banding/bundling, and conveying equipment. Conveying, coding/labeling/ marking, and depalletizing, also have a presence in other areas of a packaging line.
Food and beverage industries purchase over half (57%) of all EOL equipment. The food group accounts for more than one third of all EOL purchases at $1.62 billion, followed by beverage, with $902 million in sales.PMMI Business Intelligence
Source: PMMI Business Intelligence report 2021 End-of-Line Equipment Purchasing Trends and Design Insights
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