Filling Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
The global filling equipment market size reached US$ 18.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 21.9 Billion by 2027, exhibiting a growth rate (CAGR) of 3.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Filling equipment is employed in the food and beverage (F&B) industry for processing and handling different food items. It also assists in measuring processed food products and enclosing them in bags, pouches, cartons, cans, jars, bottles, and other types of packaging. Presently, several types of filling equipment are available, from convenient manual fillers to high-speed production line machines. Amongst these, manual fillers are used in small production facilities wherein electric supply or compressed air is not readily available for pumping the product. Moreover, semi-automatic filling equipment is utilized for performing repetitive tasks and offering high speed and accuracy than manual machines.
Filling Equipment Market Trends:
Consumer inclination towards ready-to-eat (RTE) food products, along with the increasing consumption of extruded and packaged snacks due to the thriving e-commerce sector, represents one of the key factors bolstering the market growth. Moreover, the emerging automation trend has increased the overall productivity and ergonomics of various industries, which is significantly catalyzing the demand for automatic filling equipment across the globe. For instance, form-fill-seal (FFS) equipment is an automated computer-operated technology used for producing flexible to rigid packages. It also minimizes the risk of contamination during the manufacturing process. In confluence with this, the escalating demand for catheters, in-vitro diagnostic (IVD) kits, surgical gloves and intravenous (IV) infusion bottles to diagnose and treat coronavirus disease (COVID-19) patients is influencing the market positively. Apart from this, leading players are introducing multi-nozzle machines that increase throughput capacity by simultaneously filling multiple containers. The surging consumption of nutraceuticals, rising prevalence of lifestyle diseases, increasing geriatric population, and the growing number of health-conscious individuals are some of the factors driving their demand worldwide.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global filling equipment market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on sales type, process type, product type and end use industry.
Breakup by Sales Type:
New Machinery
Spare Parts
Breakup by Process Type:
Manual
Semi-Automatic
Automatic
Breakup by Product Type:
Solid
Semi-Solid
Liquid
Breakup by End Use Industry:
Food and Beverages
Pharmaceutical
Personal Care
Chemical
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accutek Packaging Companies, Coesia S.p.A, GEA Group Aktiengesellschaft, JBT Corporation, KHS GmbH (Salzgitter AG), Krones AG, Ronchi Mario S.p.A., Scholle IPN, Syntegon Technology GmbH and Tetra Laval International S.A.
Key Questions Answered in This Report:
How has the global filling equipment market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global filling equipment market?
What are the key regional markets?
What is the breakup of the market based on the sales type?
What is the breakup of the market based on the process type?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global filling equipment market and who are the key players?
What is the degree of competition in the industry?
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