Filling Equipment Market Outlook - 2027
The Global Filling Equipment Market size is expected to reach $23,499.4 million in 2027, from $17,820.5 million in 2019, growing at a CAGR of 3.9% from 2020 to 2027. Filling equipment are the machines used for filling solid, semi-solid and liquid form of products in the holding containers such as box, bag, pouch or bottle. Filling equipment is convenient for large scale filling of the containers at high speed and with accurate measurement. A large scale production of any material or substance generally takes a lot of time to be filled in the containers. However, filling machines make this work easy, fast and with greater accuracy.
Growth in demand for fast moving consumer goods (FMCG) and pharmaceutical products have led the manufacturing companies to increase the speed of their lines. Hence, there is an increase in demand for the filling equipment, which enables rapid filling of the material while maintaining the accuracy of volume and weight in the containers such as box, bag, pouch, and bottle. Therefore growing need for increased production output is expected to drive the growth of the market. However, the high cost of filling equipment is anticipated to impede the filling equipment market growth. The high cost is mainly due to atomization of the equipment using programmable logic controller (PLC), feedback systems, and use of software increases the cost. Further, some of the food and beverages require aseptic filling equipment that is expensive. However, growing focus of governments on development of small and medium enterprises is expected to provide the filling equipment market opportunity to grow in future.
There are various types of filler machines depending upon the application. For instance, rotary fillers are usually used for bottle filling, aseptic fillers are used for filling food products such as milk and juices, volumetric fillers are used to fill cans and net weight fillers are used for filling food packets. Further the selection of the machine also depends upon the material to be filled by the machine. For instance, machines that fill liquid, semi-solid, and solid products have completely different operating procedures and nozzles. Further, the pharmaceutical industry needs precise and high accuracy machines as it deals with substances that are used in liquid medicines or in capsules.
By Product Type
Semi Solid is projected to grow at a significant 4.6% CAGR
Filling equipment are used in the food and beverage industry to fill food substance in packets, bags, bottles, cans and other holdings containers. Similarly, in pharmaceutical industries the filling equipment is used to fill liquid medicine bottles, vials, ampoules, and capsules. In addition, the other industries where filling equipment is used are personal care, tobacco, chemical and other consumable product manufacturing industry.
By End User
Pharmaceutical is expected to grow at a significant rate during the forecast period.
The market for filling equipment market industry is segmented into sales type, process type, product type, end user and region. By sales type, it is bifurcated into new machinery and spare parts. By process type, it is segregated into manual, semi-automatic and automatic. By product type, it is differentiated into solid, semi-solid and liquid. By end-user industry, it is categorized into food, beverage, pharmaceutical, personal care, chemical and others (tobacco, tissue and homecare). By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By Region
Asia-Pacific holds a dominant position in 2019 and LAMEA is expected to grow at a highest rate during the forecast period.
By Sales Type, The filling equipment market is divided into new machinery and spare parts. In 2019, the new machinery segment dominated the filling equipment market, in terms of revenue, and the spare parts segment is expected to grow at a higher CAGR during the forecast period.
By process type, it is categorized into manual, semi-automatic and automatic. The automatic segment dominated the market and automatics segment is expected to witness highest growth during the forecast period.
By Product Type, it is divided into solid, semi-solid and liquid. The liquid segment dominated the filling equipment market, in terms of revenue, and semi-solid segment is expected to grow at the higher CAGR during the forecast period.
By End-User Industry, it is classified into food, beverage, pharmaceutical, personal care, chemical and others. The beverage segment dominated the filling equipment market, in terms of revenue, and pharmaceuticals segment is expected to grow at a higher CAGR during the forecast period.
By Region, the filling equipment market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2019, Asia-Pacific contributed the highest filling equipment market share and is anticipated to secure the leading position during the forecast period, due to rise in manufacturing, filling and packaging of FMCG, pharmaceutical and other consumable products.
Competition Analysis
The filling equipment market analysis by profiles of the major players, such as Accutek Packaging Equipment Companies, Inc., Coesia S.p.A, GEA Group Aktiengesellschaft, JBT, Krones AG, Ronchi Mario S.p.A, Salzgitter AG (KHS Group), Scholle IPN, Syntegon Technology GmbH and Tetra Laval International S.A. are provided in this report. The key strategies adopted by the key players from 2017 to 2019 include product launches, acquisitions, and business expansions. For instance, in October 2018, Krones AG, acquired W.M. Sprinkman Corporation, Wisconsin, U.S. manufacturer of food and beverage processing equipments especially in the brewing and dairy industries. This acquisition is expected to enhance the product portfolio of Krones AG in North America. Similarly, in December 2017, GEA launched an aseptic filling machine called Fillstar CX EVO. This multi-functioning system provides the beverage industry a capacity to easily change between different types of products, from aseptic beverages to carbonated and vice-versa.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging filling equipment market trends and dynamics. The report also provides market size from 2020 to 2027.
In-depth market analysis is conducted by estimations for the key segments between 2020 and 2027.
Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
Filling equipment market forecast analysis from 2020 to 2027 is included in the report.
Key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the industry.
Filling Equipment Market Report Highlights
| Aspects | Details |
 By Sales Type |
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 By Process Type |
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 By Product Type |
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 By End-user Industry |
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 By Region |
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 Key Market Players | Tetra Laval International S.A., Salzgitter AG (KHS Group), JBT, GEA Group Aktiengesellschaft, Krones AG, Accutek Packaging Equipment Companies, Inc., Syntegon Technology GmbH, Scholle IPN, Ronchi Mario S.p.A, Coesia S.p.A |
Analyst Review
The filling equipment is specially designed machinery for filling the material or substance in solid, semi-solid or liquid form in the bottle, pouch, bag or any other container depending upon the product and then packing it for sales to end-consumers. The global filling equipment market covers different segments such as sales type, process type, product type and end-user industry. Thus, automatic process type of filling equipment is expected to increase during the forecast period. Further, pharmaceutical industry end-user will rapidly increase its market and beverage industry will have highest demand during the forecast period.
Asia-Pacific region has secured highest share in the filling equipment market in past few years and is expected to dominate the market during the forecast period, owing to increase in demand and consumption for FMCG and pharmaceutical products in the region.
Key players in the global filling equipment market include Accutek Packaging Equipment Companies, Inc., Coesia S.p.A, GEA Group Aktiengesellschaft, JBT, Krones AG, Ronchi Mario S.p.A, Salzgitter AG (KHS Group), Scholle IPN, Syntegon Technology GmbH and Tetra Laval International S.A.
Market players adopted business expansion as their key developmental strategy to keep pace with demands of end users. Acquisitions, and product launches are the other strategies adopted by market players to expand their product offerings & geographical reach and boost their production processes. This has helped companies to develop efficient products as well as expand their sales across different geographies.
The filling equipment market size was valued at $17,820.4 million in 2019, and is projected to reach $23,499.4 million by 2027, growing at a CAGR of 3.9% from 2020 to 2027.
The forecast period considered for the filling equipment market is 2020 to 2027, wherein, 2019 is the base year, 2020 is the estimated year, and 2027 is the forecast year.
The report sample for filling equipment market report can be obtained on demand from the website.
The base year considered in the filling equipment market report is 2019.
The top companies holding the market share in the filling equipment market report include Accutek Packaging Equipment Companies, Inc., Coesia S.p.A, GEA Group Aktiengesellschaft, JBT, Krones AG, Ronchi Mario S.p.A, Salzgitter AG (KHS Group), Scholle IPN, Syntegon Technology GmbH and Tetra Laval International S.A..
The top ten market players are selected based on two key attributes - competitive strength and market positioning
By process type, in 2019 the automatic segment dominated the filling equipment market, in terms of revenue, and is expected to maintain this trend during the forecast period.
By end user, the beverage segment is the highest shareholder of filling equipment market.
The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.
The market value of the filling equipment market is $17,963.0 million in 2020.
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