Global Filling Machines Market Size study & Forecast, by Type (Liquid Filling, Solid Filling, Powder Filling, Others), by Application (Food Products, Beverages, Chemicals & Pharmaceuticals, Others) and Regional Analysis, 2022-2029
Global Filling Machines Market is valued at approximately USD 6.89 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.9% over the forecast period 2022-2029. Filling machine is a kind of packaging machine which is intended for packaging products like food, pharmaceutical, beverages products and alternatives whereas accustomed fill pouches, bottles and alternative merchandise in step with the requirement and are available in several modes of operation like automatic, form-fill-seal and semi-automatic. The key factor driving the market growth is rising demand in FMCG industry for packaging various types of products such as soda, milk, sauces, shampoo, oil and more. Thus, driving the demand for filling machines market. Also, another factor driving the market growth is rising demand in pharmaceutical industry for packaging several types of medicines in liquid and powder form which creates a lucrative demand for the filling machine market during the forecast period.
The rising FMCG industry is anticipated to create the demand for filling machine market for packaging various FMCG products which drives the market growth. According to India Brand Equity Foundation, in 2016 the value of Indian FMCG industry was USD 49 billion and in 2020 the market reached USD 110 billion. Also, rising demand for various medicinal products and growing pharmaceutical industry will propel the demand for filling machine market for packaging various types of medicines. According to Statista, in 2015 the revenue of global pharmaceutical industry was USD 1073.1 billion and the number reached USD 1423.5 billion in 2021. Whereas, growing adoption of automatic and advanced machinery would create a lucrative opportunity for the market during the forecast period. However, the high capital and maintenance cost of Filling Machines stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Filling Machines Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the dominating region across the world in terms of market share, owing to the rising technological innovation, and growing adoption of industry 4.0 in the region. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period. Factors such as high buying power, increasing family income, urbanization, fast industrialization, and rising demand for food and beverages products would create lucrative growth prospects for the Filling Machines market across North America region.
Major market players included in this report are:
Syntegon Technology GmbH
GEA Group Aktiengesellschaft
JBT Corporation
Tetra Laval
KHS GmbH
Krones AG
Coesia Group SpA
Ave Technologies
Ronchi Mario S.p.A.
Barry-Wehmiller
Recent Developments in the Market:
In 2019, GEA Group introduced Smartpacker Twin Tube filling machine at the 2019 PACK EXPO in Las Vegas, its newly redesigned high-speed Twin Tube packaging machine is a flexible and automated packing solution.
In 2019, JBT Corporation introduced the AsepFlex filler to provide hygienic and portable pouch packaging for infant nutrition items, morning beverages, and sports drinks. To minimise oxidation and lengthen the shelf life of the product, this filling machine is also equipped with a nitrogen dosing system that lowers the oxygen level in the pouch.
Global Filling Machines Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Liquid Filling
Solid Filling
Powder Filling
Others (Semi-solid, etc.)
By Application:
Food Products
Beverages
Chemicals & Pharmaceuticals
Others (Personal Care and Toiletries, etc.)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies Mentioned
Syntegon Technology GmbH
GEA Group Aktiengesellschaft
JBT Corporation
Tetra Laval
KHS GmbH
Krones AG
Coesia Group SpA
Ave Technologies
Ronchi Mario S.p.A.
Barry-Wehmiller
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