Globally, candy is a highly preferred
confectionery by children and teenagers. Rapidly evolving candy market
is influencing the candy producers to differentiate their products with
the help of packaging and reducing time to market. Fierce competition
between candy manufacturers is pushing the candy packaging machine
manufacturers to design highly efficient and precise machines that will
help candy manufacturers to enhance their overall production efficiency.
The new trend in candy packaging machines market is launching of multifunctional candy packaging machines with advanced automation.
Some of the recently launched candy
packaging machines have the advanced features like auto correction, If
packaging film gets stuck in the middle of the process. These machines
also include the features like auto adjusting the packaging dimensions
according to dimensions and weight of the candy.
Millennial population
is increasingly preferring gummy & chewy candy, which is to be
carefully packed to protect it from moisture and air contamination while
packaging. Entry of the new players and production capacity expansion
strategy followed by existing players is driving the candy packaging
machines market. The market is overall expected to expand at a healthy
CAGR during forecast period.
Rising penetration of candy market into
Africa and other low per capita income regions is influencing the candy
manufacturers to expand into these regions to exploit the regional or
domestic cheap labor and raw material availability. Double twist candy
packing machine segment is expected to expand at a lucrative CAGR during
the forecast period. Cotton candies are highly preferred by children
and youth in North America and Western Europe countries, this trend is
expected to drive the candy packaging machines market in North America
and Western Europe.
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Jelly candies dominate the candies market
in APEJ. China is the largest jelly candies market in APEJ. Global
candy packaging machines market is expected to witness a growing
consolidation in next few years. This is due to the fierce competition
between candy packaging machine manufacturers. Manufacturers are trying
to leverage different capabilities and strengths through collaborations
to survive and stand out in the market.
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