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

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.