USD 8.88 billion
Filling equipment market Size, Share, Growth Analysis, By Product(Aseptic, Rotary, Net Weight, Volumetric and Others), By Operation(Automatic, and Semi-automatic), By Application(Beverages, Food, Chemicals, Personal Care), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG20I2188 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
93
|Figures:
68
Filling equipment market Insights
Filling Equipment Market size was valued at USD 8.88 billion in 2021 and is poised to grow from USD 9.16 billion in 2022 to USD 12.63 billion by 2030, growing at a CAGR of 4.1 % in the forecast period (2023-2030).
The filling machines market holds significant importance within the packaging equipment industry, driven by various factors, including consumer preference for processed and packaged goods, rising income levels, population growth, urbanization, and increasing awareness about healthy lifestyles. However, the outbreak of the Covid-19 pandemic in 2020 had a profound global economic impact, leading to challenges for filling machine manufacturers, resulting in production and sales slowdowns due to lockdowns and suspensions.
In North America, particularly the U.S., the filling machines market is substantial, benefiting from a large market share. The U.S. food and beverage sectors are advantageous due to numerous market participants, government support, and widespread adoption of industrial automation. Technological support, such as robotics, efficient production output, technical assistance, and reduced human involvement, are key factors encouraging companies to adopt advanced technologies for their operations. To ensure compliance with strict government regulations governing the beverage, food, and related industries, machine manufacturers must prioritize standardization for maintaining appropriate levels of sanitation and product quality.
US Filling equipment market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Others
Fastest Growth
Others
Growth Rate
4.1% CAGR
Filling Equipment Market ($ Bn)
Country Share for Asia Pacific Region (%)
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Filling equipment market Segmental Analysis
The global filling equipment market is segmented on the basis of product, mode of operation, application, and region. By product, the market is Aseptic, Rotary, Net Weight, Volumetric, and Others. By Mode of Operation, the market is segmented Automatic, Semi-automatic. By Application, the market is segmented Beverages, Food, Chemicals, Personal Care, Pharmaceuticals and Others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America
Filling Equipment Market Analysis By Product
As of 2022, the "others" segment dominated the market. The aseptic filling machines segment is projected to experience the highest growth in the same year. This growth is driven by increasing demand for aseptic machines due to their flexibility, waste reduction, and minimized product loss compared to manual processes. Aseptic filling machines offer benefits such as nutrient retention, uniform product quality, and improved performance, contributing to overall market sales.
In various industries, rotary filling machines are commonly used as they can easily integrate with existing equipment like sorting and capping machines. Manufacturers are leveraging technological advancements to revamp the market for rotary filling machines and improve operational efficiency.
Net weight filling machines feature an alert system that notifies operators when weight adjustments or alterations are required. These fillers are known for their accuracy, data-tracking capabilities, quick operation, and ease of cleaning. The volumetric filling machines segment held the second-largest revenue share in 2021. Its unique features and widespread application across sectors such as beverages and pharmaceuticals are expected to drive significant expansion in the coming years.
Filling Equipment Market Analysis By Operation
In 2022, the semi-automatic filling machines segment held the largest revenue share of over 50.0%. These machines combine fully automated and semi-automated functionalities, where certain tasks like bottle capping and filling are either fully automated or require manual intervention at specific stages.
Semi-automatic filling machines offer advantages for small to medium-sized manufacturers, catering to their production requirements. The benefits include clean filling, quick changeover, extended machine life, precise filling, and high-quality valves. These machines are commonly used for filling liquids, flavors, alcohols, syrups, and adhesives.
The automatic filling machines segment is expected to experience lucrative growth during the forecast period. Automated filling machines allow users to set variable fill times, enabling adjustments to the filling process duration for different bottle sizes. The machines eliminate the monotonous task of manually inserting and tightening caps on individual bottles. While automatic filling machines offer higher production rates and consistent performance, they come with significant initial investments and installation costs. They find extensive use in the beverage industry for capping bottles or cans. The advantages of automatic filling machines include increased production efficiency, reliability, adaptability, reduced operator involvement, and user-friendly controls.
Filling Equipment Market By Product
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Filling equipment market Regional Insights
As of 2022, Asia Pacific dominated the filling machines market with a revenue share of over 35.0%. The region's growth is fueled by technological innovations, industry 4.0 initiatives, green manufacturing practices, and other factors driving the expansion of the packaging industry. The rising middle-class population, increased purchasing power, a large number of young consumers preferring processed and packaged foods, growing health consciousness, and growing foreign investor interest in the region contributes to the industry's growth.
In Japan, the food and beverage sector is significant and flourishing, with extensive reliance on food imports, presenting multiple market opportunities. Factors such as the focus on ready-to-eat and convenience meals, family structure, demographic trends, dietary diversity, and rising demand for packaged goods drive the growth of the packaging equipment industry, positively impacting the filling machines market in the region.
In North America, the demand for filling machines is driven by urbanization, high purchasing power, increasing family incomes, rapid industrialization, and changing consumer food preferences. Favorable government regulations, technological advancements, and infrastructural growth further contribute to the expansion of the packaging equipment industry, benefiting the filling machines market.
The U.S. stands out as a leading market for filling machines in North America, benefiting from favorable opportunities provided by government laws and industrial automation. The U.S. market shows a strong demand for attractive and innovative packaging in beverages, food, pharmaceuticals, and other products, and the growing food and beverage industry in the country is expected to drive increased demand for filling machines.
Filling Equipment Market By Geography
- Largest
- Fastest
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Filling equipment market Dynamics
Filling Equipment Market Drivers
Increasing Consumer Driven Product Variation is Driving the Market
- The leading manufacturers in the filling machines market are embracing innovative approaches to cater to customer preferences. Customers worldwide are shifting towards easily available and small portion products. Whether it's personal care items, cosmetics, or food and beverages, there is a preference for hygienic and high-quality products that come in travel-friendly packaging and portion sizes. In response to this changing demand, many prominent packaging brands are diversifying their product portfolios by adjusting packaging formats to meet the needs of their diverse customer base.
The increasing health consciousness driven by busy lifestyles is also fueling the demand for convenient and single portion food products. As a result, advanced filling machines are being adopted to meet these requirements. Consequently, major market players are focusing on offering small portions and hygienically packaged products to cater to their customers' demands, thus driving the filling machines market on a global scale..
Filling Equipment Market Restraints
High Capital and Maintenance Cost to Hinder Growth Globally
- The packaging industry requires significant capital investment due to the high cost of machinery. Many packaging companies are adopting modular filling equipment that offers sealing and labeling simultaneously, but this can lead to a considerable increase in maintenance costs, which may restrain market growth. The initial purchasing cost of such equipment depends on its size and the number of operations it can perform. In the United States, smaller filling machines range from USD 1,500 to USD 2,500, while larger machines can cost between USD 8,000 to USD 100,000. The outbreak of COVID-19 has caused severe economic challenges for packaging industries, making it difficult for them to maintain these machines. Additionally, startup companies may face restrictions in purchasing these machines due to the high capital investments involved, further impacting the growth of the filling machine market.
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Filling equipment market Competitive Landscape
The competitive landscape of the filling equipment market. The competitive landscape drives manufacturers to opt for new filling machines and invest in product line development to expand their global presence and achieve success in the industry. For instance, in April 2022, KHS introduced a modular PET filler platform. This innovative platform enables users to easily modify, adapt, and expand their filing requirements as needed, providing them with greater flexibility and efficiency in their operations. The development of such advanced filling solutions reflects the industry's constant drive for innovation and improvement to meet the evolving needs of customers and stay competitive in the market.
Filling Equipment Market Top Player’s Company Profile
- Barry- Wehmiller Companies, Inc.
- Ronchi Mario S.P.A.
- KHS Group
- Accutek Packaging Equipment Companies, Inc.
- Gea Group Ag
- Tetra Laval International S.A.
- Krones Ag
- JBT Corporation
- Coesia S.P.A.
- Robert Bosch GmbH
- COMPASS INTERNATIONAL CORP. LTD.
- Canadian Armour Ltd.
Filling Equipment Market Recent Developments
- In December 2022, Sovda introduced its latest product, the Precision Fill Mini Coffee Bagging Machine. This machine enables users to fill four to ten bags per minute, depending on their preference, using the foot pedal that comes with it. The machine is also equipped with a touchscreen control panel that allows users to program it for the semi-automatic filling of multiple bags.
- In November 2022, Krones, a renowned provider of packaging and filling solutions, acquired a majority stake of 80.5% in R+D Custom Automation LLC, a Wisconsin-based company that specializes in producing tools and equipment for container creation and filling in the pharmaceutical industry. R+D have over 40 years of experience as a full-service system integrator and manufacturer of specialized equipment for the life science sector.
Filling equipment market Trends
- Technological Advancements: Manufacturers are continuously investing in research and development to introduce advanced filling equipment with improved efficiency, accuracy, and automation capabilities. Integration of technologies like IoT, artificial intelligence, and robotics is becoming increasingly prevalent in filling machines.
Filling equipment market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our filling equipment market analysis, the Filling equipment market has been experiencing significant growth and is expected to continue expanding in the coming years. TThe filling equipment market is witnessing substantial growth driven by the increasing demand for efficient and automated filling processes across various industries. Key segments include liquid fillers, powder fillers, and granule fillers, catering to diverse product types. North America and Europe are prominent regions due to advanced manufacturing practices. The Asia-Pacific region is experiencing rapid growth due to expanding industrialization. Factors such as enhanced production rates, reduced labor costs, and improved product quality are driving the adoption of filling equipment. Additionally, stringent regulations regarding product safety and hygiene are fueling the market's growth as industries seek reliable and accurate filling solutions to meet compliance standards.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 8.88 billion |
| Market size value in 2031 | USD 12.63 billion |
| Growth Rate | 4.1% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Filling equipment market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Filling equipment market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Filling equipment market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Filling equipment market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Filling equipment market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Filling equipment market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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