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E-commerce and sustainability drive garment packaging machinery market growth to USD 3.4 billion by 2034, India leads

According to a recent publication by Future Market Insights, Inc. The garment packaging machinery market is expected to grow due to several reasons. The main driver of growth is the demand for attractive and protective packaging solutions. Another factor is the growth of e-commerce, especially in developing countries. Finally, there is a push for sustainable practices, with companies looking for environmentally friendly materials and technologies. India it is expected to have the highest growth rate in this market.

NOWARK, Del., May 27, 2024 /PRNewswire/ — global clothing packaging machinery marketPriced at $2.5 billion in 2024is expected to increase by approx CAGR of 3.1% by 2034, potentially reaching beyond $3.4 billion until the end of the forecast period. The industry is largely driven by the need for advanced packaging solutions that provide product protection, branding and shelf appeal. The growth of e-commerce, especially in developing economies, has also contributed to the industry’s expansion.

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Automation and technological advances have led to faster production, higher efficiency and greater customization of packaging materials. Apparel manufacturers are focusing on eye-catching and well-designed packaging solutions to increase brand visibility and provide consumers with an unforgettable unboxing experience, catering to consumers’ growing preference for aesthetically pleasing packaging.

In recent years, the fashion packaging industry has seen a shift towards sustainable practices, prompting companies to invest in environmentally friendly materials and technologies. This trend has led to innovations in clothing packaging machinery, with manufacturers using sensors and IoT technology for real-time tracking and supply chain transparency. However, high upfront costs and complexity hinder widespread adoption, especially among small manufacturing companies.

“Companies operating in the apparel packaging machinery industry should focus on developing sustainable packaging solutions to reduce their environmental impact. They can invest in research and development to create recyclable or biodegradable packaging materials, and explore ways to minimize waste in the production and distribution process,” he says. Ismail Sutaria (Principal Packaging & Materials Consultant at Future Market Insights, Inc.).

Key conclusions from market research

  • The stand-alone systems segment dominates the global garment packaging machinery market with a share of 77.2% in 2024.
  • In terms of end-use, the technical textiles and decorations segment leads the garment packaging machinery market with a share of 31.6% in 2024.
  • Clothing packaging machinery market in India it is projected to grow at a CAGR of 6.5% by 2034.
  • Clothing packaging machinery market in China it is estimated to grow at 4.7% CAGR by 2034.
  • Clothing packaging machinery market in Thailand has the potential to grow at 4.2% CAGR by 2034.
  • United States The garment packaging machinery market is expected to grow at 1.7% CAGR by 2034.
  • Clothing packaging machinery market in United Kingdom it is very likely to grow at a CAGR of 1.5% by 2034.

Competitive environment

  • The garment packaging machinery industry is seeing several new entrants willing to invest in new garment packaging technologies.
  • Companies are investing in automation, IoT and smart packaging to improve efficiency and functionality.
  • Sustainability trends are driving companies to adopt environmentally friendly practices.
  • Key players in the industry include U-Packaging Machinery, Hangzhou Youngsun Intelligent Equipment, Qingdao Feifan Packing Machinery and Shandong Sinolion Machinery Corp. Ltd.

Last changes:

  • IN March 2024Harry Rosen Inc. introduced a pioneering initiative in collaboration with TerraCycle to implement it North America the first fully recyclable packaging program. This move highlights their commitment to sustainability by ensuring garment bags are reused and diverted from landfill.
  • IN April 2023The Cambodia Development Council has revealed significant 10 million dollars investment in Fitly Apparel and WH Packaging, both leading clothing factories. This investment is expected to create over 2,900 jobs in the following regions: Phnom Penh and Kandal.

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About the author:

Ismail Sutaria (Principal Packaging and Materials Consultant at Future Market Insights, Inc.) has over 8 years of experience in market research and consulting in the packaging and materials industry. Ismail’s strength is in identifying the key challenges a client faces and offering logical and actionable insights to empower clients to make strategic decisions.

Ismail has played a key role in several transformation consulting engagements. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis and business transformation consulting. Ismail holds an MBA in Marketing and a BA in Mathematics.

Ismail regularly attends conferences and trade shows and his topic is widely discussed in electronic and print media. He is a speaker on our upcoming talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications including the European Pharmaceutical Review and the European Self-Adhesive Association.

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Future Market Intelligence Information (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and advisory services, serving clients in over 150 countries. FMI’s headquarters is located in Dubai and has delivery centers in the UK, USA and India. FMI’s latest market research reports and industry analyzes help enterprises face challenges and make critical decisions with confidence and clarity in the face of fierce competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. FMI’s team of experienced analysts continually monitors emerging trends and events across multiple industries to ensure our clients are prepared for the changing needs of their consumers.

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SOURCE Future Market Insights