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Global Market Forecasts for Cable Grounding Kits and Pouch Filling Machines
A Japanese market‑research firm released two reports detailing the current size and projected growth of worldwide markets for cable grounding kits and for pre‑made pouch filling‑and‑sealing machines. The cable grounding kit market was valued at US$3.16 billion in 2024 and is expected to reach US$4.12 billion by 2031, reflecting a compound annual growth rate of 3.9 %. Demand is driven by expanding power‑generation, telecommunications, industrial automation and renewable‑energy installations, with regional analysis covering North America, Europe, Asia‑Pacific, South America and the Middle East‑Africa.
The pouch filling‑and‑sealing machine market recorded US$1.04 billion in 2024 and is projected to grow to US$1.41 billion by 2031, a CAGR of 4.5 %. Growth is fueled by automation in food, pharmaceutical, cosmetics and consumer‑goods packaging, alongside rising labour costs and the need for higher production efficiency. The report also examines regional dynamics across the same major zones and notes the impact of U.S. tariff policies on competitive conditions.
Entities
Cable grounding kits · Market Research Center (株式会社マーケットリサーチセンター) · Pre‑made pouch filling and sealing machines