br The global bakery packaging machine market, valued at US$ 2.6 billion in 2023, is poised for steady growth over the next decade. With an estimated compound annual growth rate (CAGR) of 3.6 from 2024 to 2034, the market is expected to reach US$ 3.8 billion by the end of the forecast period. This growth is driven by the increasing demand for packaged baked goods, which require efficient, high-quality packaging solutions to maintain freshness, convenience, and appeal.