Future Looks Bright for End of Line Equipment Market

Four trends will affect continued growth on EOL machinery through 2026, with the food and beverage industries driving the majority of purchases.

Getty Images 143082091
Getty

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.”


Read article   

Read this story on top seven trends in U.S. packaging machinery market.

Annual Outlook Report: Workforce
Hiring remains a major challenge in packaging, with 78% struggling to fill unskilled roles and 84% lacking experienced workers. As automation grows, companies must rethink hiring and training. Download the full report for key insights.
Download Now
Annual Outlook Report: Workforce
Coding, Marking, and Labeling Innovations Report
Explore our editor-curated report featuring cutting-edge coding, labeling, and RFID innovations from PACK EXPO 2024. Discover high-speed digital printing, sustainable label materials, automated labeling systems, and advanced traceability solutions that are transforming packaging operations across industries.
Access Report
Coding, Marking, and Labeling Innovations Report