▶ 調査レポート

自動包装マシンの世界市場2023年:ピロー包装マシン、縦型包装マシン、その他

• 英文タイトル:Global Automatic Packing Machines Market Research Report 2023

QYResearchが調査・発行した産業分析レポートです。自動包装マシンの世界市場2023年:ピロー包装マシン、縦型包装マシン、その他 / Global Automatic Packing Machines Market Research Report 2023 / MRC23Q30572資料のイメージです。• レポートコード:MRC23Q30572
• 出版社/出版日:QYResearch / 2023年3月
• レポート形態:英文、PDF、108ページ
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レポート概要
本調査レポートは世界の自動包装マシン市場について調査・分析し、世界の自動包装マシン市場概要、メーカー別競争状況、地域別生産量、地域別消費量、タイプ別セグメント分析(ピロー包装マシン、縦型包装マシン、その他)、用途別セグメント分析(食品産業、化学・医薬品、農業、繊維産業、その他)、主要企業のプロファイル、市場動向などに関する情報を掲載しています。主要企業としては、ALL-WRAP Packaging Machinery、Audion Elektro B.V.、Cama Group、CKD Corporation、Dm Packaging Group、Fabrima、Galbino Technology、Hamer Pack、hawo、Jornen Machinery、OMAR srl、ICS Automazione、Marchesini Group、Cera Meca Group、Omnicell、Romaco Group、Uhlmann Groupなどが含まれています。世界の自動包装マシン市場は、2022年にXXX米ドル、2029年にはXXX米ドルに達すると予測され、予測期間中の年平均成長率はXXX%です。COVID-19とロシア・ウクライナ戦争による影響は、自動包装マシン市場規模を推定する際に考慮しました。本レポートは、自動包装マシンの世界市場を定量的・定性的な分析により包括的に提示し、読者がビジネス/成長戦略を策定し、市場競争状況を把握し、現在の市場における自社のポジションを分析し、自動包装マシンに関するビジネス上の意思決定に役立てることを目的としています。

・自動包装マシン市場の概要
- 製品の定義
- 自動包装マシンのタイプ別セグメント
- 世界の自動包装マシン市場成長率のタイプ別分析(ピロー包装マシン、縦型包装マシン、その他)
- 自動包装マシンの用途別セグメント
- 世界の自動包装マシン市場成長率の用途別分析(食品産業、化学・医薬品、農業、繊維産業、その他)
- 世界市場の成長展望
- 世界の自動包装マシン生産量の推定と予測(2018年-2029年)
- 世界の自動包装マシン生産能力の推定と予測(2018年-2029年)
- 自動包装マシンの平均価格の推定と予測(2018年-2029年)
- 前提条件と制限事項

・メーカー別競争状況
- メーカー別市場シェア
- 世界の主要メーカー、業界ランキング分析
- メーカー別平均価格
- 自動包装マシン市場の競争状況およびトレンド

・自動包装マシンの地域別生産量
- 自動包装マシン生産量の地域別推計と予測(2018年-2029年)
- 地域別自動包装マシン価格分析(2018年-2023年)
- 北米の自動包装マシン生産規模(2018年-2029年)
- ヨーロッパの自動包装マシン生産規模(2018年-2029年)
- 中国の自動包装マシン生産規模(2018年-2029年)
- 日本の自動包装マシン生産規模(2018年-2029年)
- 韓国の自動包装マシン生産規模(2018年-2029年)
- インドの自動包装マシン生産規模(2018年-2029年)

・自動包装マシンの地域別消費量
- 自動包装マシン消費量の地域別推計と予測(2018年-2029年)
- 北米の自動包装マシン消費量(2018年-2029年)
- アメリカの自動包装マシン消費量(2018年-2029年)
- ヨーロッパの自動包装マシン消費量(2018年-2029年)
- アジア太平洋の自動包装マシン消費量(2018年-2029年)
- 中国の自動包装マシン消費量(2018年-2029年)
- 日本の自動包装マシン消費量(2018年-2029年)
- 韓国の自動包装マシン消費量(2018年-2029年)
- 東南アジアの自動包装マシン消費量(2018年-2029年)
- インドの自動包装マシン消費量(2018年-2029年)
- 中南米・中東・アフリカの自動包装マシン消費量(2018年-2029年)

・タイプ別セグメント:ピロー包装マシン、縦型包装マシン、その他
- 世界の自動包装マシンのタイプ別生産量(2018年-2023年)
- 世界の自動包装マシンのタイプ別生産量(2024年-2029年)
- 世界の自動包装マシンのタイプ別価格

・用途別セグメント:食品産業、化学・医薬品、農業、繊維産業、その他
- 世界の自動包装マシンの用途別生産量(2018年-2023年)
- 世界の自動包装マシンの用途別生産量(2024年-2029年)
- 世界の自動包装マシンの用途別価格

・主要企業のプロファイル:企業情報、製品ポートフォリオ、生産量、価格、動向
ALL-WRAP Packaging Machinery、Audion Elektro B.V.、Cama Group、CKD Corporation、Dm Packaging Group、Fabrima、Galbino Technology、Hamer Pack、hawo、Jornen Machinery、OMAR srl、ICS Automazione、Marchesini Group、Cera Meca Group、Omnicell、Romaco Group、Uhlmann Group

・産業チェーンと販売チャネルの分析
- 自動包装マシン産業チェーン分析
- 自動包装マシンの主要原材料
- 自動包装マシンの販売チャネル
- 自動包装マシンのディストリビューター
- 自動包装マシンの主要顧客

・自動包装マシン市場ダイナミクス
- 自動包装マシンの業界動向
- 自動包装マシン市場の成長ドライバ、課題、阻害要因

・調査成果および結論

・調査方法とデータソース

The global Automatic Packing Machines market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Automatic Packing Machines is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Automatic Packing Machines is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Automatic Packing Machines include ALL-WRAP Packaging Machinery, Audion Elektro B.V., Cama Group, CKD Corporation, Dm Packaging Group, Fabrima, Galbino Technology, Hamer Pack and hawo, etc. In 2022, the world’s top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Automatic Packing Machines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automatic Packing Machines.
The Automatic Packing Machines market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Automatic Packing Machines market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automatic Packing Machines manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
ALL-WRAP Packaging Machinery
Audion Elektro B.V.
Cama Group
CKD Corporation
Dm Packaging Group
Fabrima
Galbino Technology
Hamer Pack
hawo
Jornen Machinery
OMAR srl
ICS Automazione
Marchesini Group
Cera Meca Group
Omnicell
Romaco Group
Uhlmann Group
Segment by Type
Pillow Packing Machine
Vertical Packaging Machine
Others
Segment by Application
Food Industry
Chemical and Pharmaceutical
Agricultural
Textile Industry
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by type, by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Automatic Packing Machines manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Automatic Packing Machines by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Automatic Packing Machines in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

レポート目次

1 Automatic Packing Machines Market Overview
1.1 Product Definition
1.2 Automatic Packing Machines Segment by Type
1.2.1 Global Automatic Packing Machines Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Pillow Packing Machine
1.2.3 Vertical Packaging Machine
1.2.4 Others
1.3 Automatic Packing Machines Segment by Application
1.3.1 Global Automatic Packing Machines Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Food Industry
1.3.3 Chemical and Pharmaceutical
1.3.4 Agricultural
1.3.5 Textile Industry
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Automatic Packing Machines Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Automatic Packing Machines Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Automatic Packing Machines Production Estimates and Forecasts (2018-2029)
1.4.4 Global Automatic Packing Machines Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Automatic Packing Machines Production Market Share by Manufacturers (2018-2023)
2.2 Global Automatic Packing Machines Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Automatic Packing Machines, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Automatic Packing Machines Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Automatic Packing Machines Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Automatic Packing Machines, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Automatic Packing Machines, Product Offered and Application
2.8 Global Key Manufacturers of Automatic Packing Machines, Date of Enter into This Industry
2.9 Automatic Packing Machines Market Competitive Situation and Trends
2.9.1 Automatic Packing Machines Market Concentration Rate
2.9.2 Global 5 and 10 Largest Automatic Packing Machines Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Automatic Packing Machines Production by Region
3.1 Global Automatic Packing Machines Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Automatic Packing Machines Production Value by Region (2018-2029)
3.2.1 Global Automatic Packing Machines Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Automatic Packing Machines by Region (2024-2029)
3.3 Global Automatic Packing Machines Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Automatic Packing Machines Production by Region (2018-2029)
3.4.1 Global Automatic Packing Machines Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Automatic Packing Machines by Region (2024-2029)
3.5 Global Automatic Packing Machines Market Price Analysis by Region (2018-2023)
3.6 Global Automatic Packing Machines Production and Value, Year-over-Year Growth
3.6.1 North America Automatic Packing Machines Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Automatic Packing Machines Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Automatic Packing Machines Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Automatic Packing Machines Production Value Estimates and Forecasts (2018-2029)
3.6.5 South Korea Automatic Packing Machines Production Value Estimates and Forecasts (2018-2029)
3.6.6 India Automatic Packing Machines Production Value Estimates and Forecasts (2018-2029)
4 Automatic Packing Machines Consumption by Region
4.1 Global Automatic Packing Machines Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Automatic Packing Machines Consumption by Region (2018-2029)
4.2.1 Global Automatic Packing Machines Consumption by Region (2018-2023)
4.2.2 Global Automatic Packing Machines Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Automatic Packing Machines Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Automatic Packing Machines Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Automatic Packing Machines Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Automatic Packing Machines Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Automatic Packing Machines Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Automatic Packing Machines Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Automatic Packing Machines Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Automatic Packing Machines Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Automatic Packing Machines Production by Type (2018-2029)
5.1.1 Global Automatic Packing Machines Production by Type (2018-2023)
5.1.2 Global Automatic Packing Machines Production by Type (2024-2029)
5.1.3 Global Automatic Packing Machines Production Market Share by Type (2018-2029)
5.2 Global Automatic Packing Machines Production Value by Type (2018-2029)
5.2.1 Global Automatic Packing Machines Production Value by Type (2018-2023)
5.2.2 Global Automatic Packing Machines Production Value by Type (2024-2029)
5.2.3 Global Automatic Packing Machines Production Value Market Share by Type (2018-2029)
5.3 Global Automatic Packing Machines Price by Type (2018-2029)
6 Segment by Application
6.1 Global Automatic Packing Machines Production by Application (2018-2029)
6.1.1 Global Automatic Packing Machines Production by Application (2018-2023)
6.1.2 Global Automatic Packing Machines Production by Application (2024-2029)
6.1.3 Global Automatic Packing Machines Production Market Share by Application (2018-2029)
6.2 Global Automatic Packing Machines Production Value by Application (2018-2029)
6.2.1 Global Automatic Packing Machines Production Value by Application (2018-2023)
6.2.2 Global Automatic Packing Machines Production Value by Application (2024-2029)
6.2.3 Global Automatic Packing Machines Production Value Market Share by Application (2018-2029)
6.3 Global Automatic Packing Machines Price by Application (2018-2029)
7 Key Companies Profiled
7.1 ALL-WRAP Packaging Machinery
7.1.1 ALL-WRAP Packaging Machinery Automatic Packing Machines Corporation Information
7.1.2 ALL-WRAP Packaging Machinery Automatic Packing Machines Product Portfolio
7.1.3 ALL-WRAP Packaging Machinery Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.1.4 ALL-WRAP Packaging Machinery Main Business and Markets Served
7.1.5 ALL-WRAP Packaging Machinery Recent Developments/Updates
7.2 Audion Elektro B.V.
7.2.1 Audion Elektro B.V. Automatic Packing Machines Corporation Information
7.2.2 Audion Elektro B.V. Automatic Packing Machines Product Portfolio
7.2.3 Audion Elektro B.V. Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Audion Elektro B.V. Main Business and Markets Served
7.2.5 Audion Elektro B.V. Recent Developments/Updates
7.3 Cama Group
7.3.1 Cama Group Automatic Packing Machines Corporation Information
7.3.2 Cama Group Automatic Packing Machines Product Portfolio
7.3.3 Cama Group Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Cama Group Main Business and Markets Served
7.3.5 Cama Group Recent Developments/Updates
7.4 CKD Corporation
7.4.1 CKD Corporation Automatic Packing Machines Corporation Information
7.4.2 CKD Corporation Automatic Packing Machines Product Portfolio
7.4.3 CKD Corporation Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.4.4 CKD Corporation Main Business and Markets Served
7.4.5 CKD Corporation Recent Developments/Updates
7.5 Dm Packaging Group
7.5.1 Dm Packaging Group Automatic Packing Machines Corporation Information
7.5.2 Dm Packaging Group Automatic Packing Machines Product Portfolio
7.5.3 Dm Packaging Group Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Dm Packaging Group Main Business and Markets Served
7.5.5 Dm Packaging Group Recent Developments/Updates
7.6 Fabrima
7.6.1 Fabrima Automatic Packing Machines Corporation Information
7.6.2 Fabrima Automatic Packing Machines Product Portfolio
7.6.3 Fabrima Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Fabrima Main Business and Markets Served
7.6.5 Fabrima Recent Developments/Updates
7.7 Galbino Technology
7.7.1 Galbino Technology Automatic Packing Machines Corporation Information
7.7.2 Galbino Technology Automatic Packing Machines Product Portfolio
7.7.3 Galbino Technology Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Galbino Technology Main Business and Markets Served
7.7.5 Galbino Technology Recent Developments/Updates
7.8 Hamer Pack
7.8.1 Hamer Pack Automatic Packing Machines Corporation Information
7.8.2 Hamer Pack Automatic Packing Machines Product Portfolio
7.8.3 Hamer Pack Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Hamer Pack Main Business and Markets Served
7.7.5 Hamer Pack Recent Developments/Updates
7.9 hawo
7.9.1 hawo Automatic Packing Machines Corporation Information
7.9.2 hawo Automatic Packing Machines Product Portfolio
7.9.3 hawo Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.9.4 hawo Main Business and Markets Served
7.9.5 hawo Recent Developments/Updates
7.10 Jornen Machinery
7.10.1 Jornen Machinery Automatic Packing Machines Corporation Information
7.10.2 Jornen Machinery Automatic Packing Machines Product Portfolio
7.10.3 Jornen Machinery Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Jornen Machinery Main Business and Markets Served
7.10.5 Jornen Machinery Recent Developments/Updates
7.11 OMAR srl
7.11.1 OMAR srl Automatic Packing Machines Corporation Information
7.11.2 OMAR srl Automatic Packing Machines Product Portfolio
7.11.3 OMAR srl Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.11.4 OMAR srl Main Business and Markets Served
7.11.5 OMAR srl Recent Developments/Updates
7.12 ICS Automazione
7.12.1 ICS Automazione Automatic Packing Machines Corporation Information
7.12.2 ICS Automazione Automatic Packing Machines Product Portfolio
7.12.3 ICS Automazione Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.12.4 ICS Automazione Main Business and Markets Served
7.12.5 ICS Automazione Recent Developments/Updates
7.13 Marchesini Group
7.13.1 Marchesini Group Automatic Packing Machines Corporation Information
7.13.2 Marchesini Group Automatic Packing Machines Product Portfolio
7.13.3 Marchesini Group Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Marchesini Group Main Business and Markets Served
7.13.5 Marchesini Group Recent Developments/Updates
7.14 Cera Meca Group
7.14.1 Cera Meca Group Automatic Packing Machines Corporation Information
7.14.2 Cera Meca Group Automatic Packing Machines Product Portfolio
7.14.3 Cera Meca Group Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Cera Meca Group Main Business and Markets Served
7.14.5 Cera Meca Group Recent Developments/Updates
7.15 Omnicell
7.15.1 Omnicell Automatic Packing Machines Corporation Information
7.15.2 Omnicell Automatic Packing Machines Product Portfolio
7.15.3 Omnicell Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.15.4 Omnicell Main Business and Markets Served
7.15.5 Omnicell Recent Developments/Updates
7.16 Romaco Group
7.16.1 Romaco Group Automatic Packing Machines Corporation Information
7.16.2 Romaco Group Automatic Packing Machines Product Portfolio
7.16.3 Romaco Group Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.16.4 Romaco Group Main Business and Markets Served
7.16.5 Romaco Group Recent Developments/Updates
7.17 Uhlmann Group
7.17.1 Uhlmann Group Automatic Packing Machines Corporation Information
7.17.2 Uhlmann Group Automatic Packing Machines Product Portfolio
7.17.3 Uhlmann Group Automatic Packing Machines Production, Value, Price and Gross Margin (2018-2023)
7.17.4 Uhlmann Group Main Business and Markets Served
7.17.5 Uhlmann Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Automatic Packing Machines Industry Chain Analysis
8.2 Automatic Packing Machines Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Automatic Packing Machines Production Mode & Process
8.4 Automatic Packing Machines Sales and Marketing
8.4.1 Automatic Packing Machines Sales Channels
8.4.2 Automatic Packing Machines Distributors
8.5 Automatic Packing Machines Customers
9 Automatic Packing Machines Market Dynamics
9.1 Automatic Packing Machines Industry Trends
9.2 Automatic Packing Machines Market Drivers
9.3 Automatic Packing Machines Market Challenges
9.4 Automatic Packing Machines Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer