The Filling Machines Market is one of the important sectors in the overall packaging equipment market. The demand for filling machines is anticipated to be triggered by the combination of factors, comprising an surge in people’s preference for packaged and processed goods and an augmented awareness regarding the prominence of maintaining a healthy lifestyle.
According to Data Bridge Market Research the Filling Machines Market accounted for USD 9.30 billion in 2021, and expected to reach USD 12.92 billion by 2029. The market is expected to grow with a CAGR of 4.80% in the forecast period of 2022 to 2029.
“Increasing demand for processed and packaged food”
The growing demand for processed and packaged food is anticipated to drive the market growth during forecast period. The changing trends of consumer consumption in terms of packaged and processed foods, as well as a increasing population and political, social and economic forces, are driving significant change in the packaged and processed food business. Filling machines, also known as dosing machines, are important components of machinery in the food packaging and processing industries. Filling equipment is available in tabletop standing versions that can be incorporated into food packaging and processing lines, such as fill, form and seal lines. For instance, As per the report of Packaging Gateway in 2019, the packaging sector is anticipated to develop at an annual rate of 18 pecent in India, with rigid packaging rising at 15% and flexible packaging growing at a rate of 25% . Therefore, the growing demand for processed and packaged food is anticipated to drive the growth of the filling machines market.
What restraints the growth of Filling Machines Market?
“Stringent government regulationand high cost associated with filing machine”
Stringent government rules and regulations for the usage of filing machine will act as a major restraint and further challenge the market's growth during the forecast period of 2022-2029. Furthermore, the high price of the maintenance of the filing machine will become the major and foremost challenege for the market and will obstruct the market growth
Segmentation: Filling Machines Market
The filling machines market is segmented on the basis of product, type, packaging type, packaging capacity, mode of operation, operating speed, application and product form.
- On the basis of product, the filling machines market is segmented into aseptic, rotary, net weight, volumetric, others.
- Based on type, the filling machines market is segmented into liquid filling machine, bottle filling machine, powder filling machine.
- On the basis of packaging capacity, the filling machines market is segmented into 0.25 to 4 ml, 5 to 10 ml, 11 to 20 ml, 21 to 25 ml.
- Based on mode of operation, the filling machines market is segmented into automatic, semi-automatic, form-fill-seal machine.
- On the basis of application, the filling machines market is segmented into 5,000 to 10,000 pph (packages per hour), 10,001 to 15,000 pph, 15,001 to 20,000 pph.
- Based on product form, the filling machines market is segmented into liquid, powder & granules.
Regional Insights: Asia-Pacific is expected to dominate the Filling Machines Market
Asia-Pacific is expected to dominate the market in this region and is expected to grow significantly over the forecast period owing to the growing demand for convenience foods. A strong spending power, increasing middle-class population, a large young population who prefer packaged and processed foods, greater foreign investor interest are all anticipated to increase the market's growth in this region.
In addition, the North America region is anticipated to register highest growth rate during the forecast period of 2022 to 2029 due to rising family income, rapid industrialization, increasing urbanization, high purchasing power and changes in consumer food preferences. Furthermore, technological advancements, favorable government regulations,and infrastructural growth are boosting the growth of the packing equipment industry in the region which has a positive impact on the targeted market.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-filling-machines-market
Recent Developments in Filling Machines Market
- In 2022, Ampack which is a Syntegon business has expanded its cup and bottle filling machine offering to comprise liquid to highly viscous foods. The linear filling machine LFS providing solutions for all hygiene levels from aseptic to clean. The new SmartFill dosing approach provides greater adaptability and flexibility to a extensive range of viscosity ranges. It can fill dairy goods and plant-based meals such as sauces, delicatessen products, dips, and spreads with precision.
- In 2022 - SIG has decided to spend USD 335.0 million in Pactiv Evergreen's carton packaging and filling machines companies in Taiwan, China and Korea known as Evergreen Asia. This company delivers filling equipment, closures, cartons and after-sales services to the fresh market, mainly for milk.
The Prominent Key Players Operating in the Filling Machines Market Include:
- KHS Group (Germany)
- Robert Bosch GmbH (Germany)
- Barry-Wehmiller Companies (U.S.)
- Ronchi Mario S.p.A (Italy)
- GEA Group Aktiengesellschaft (Germany)
- Beckman Coulter, Inc (U.S.)
- Busch Machinery Inc, (U.S.)
- Accutek Packaging Companies (U.S.)
- Karmelle Liquid Filling & Capping Solutions Limited (U.K.)
- E-PAK Machinery, Inc. (U.S.)
- Brothers Pharmamach (India)
- shree Bhagwati Machtech (India)
- APACKS (Thailand)
- Jintan Sunshine Packing Machinery Co. Ltd. (China)
- Meena Pharma Equipments (India)
- Krones AG (Germany)
- Kulp Makine (Turkey)
- AVS Pack-Tech (India)
- VeerKrupa Engineering (India)
Above are the key players covered in the report, to know about more and exhaustive list of Filling Machines Market companies contact, https://www.databridgemarketresearch.com/reports/global-filling-machines-market
Research Methodology: Global Filling Machines Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
