Global Filling Machines Market Size, Forecasts, And Opportunities
Learn about the global filling machines market through The Business Research Company, which provides information on filling machines market size, filling machines market drivers and restraints, filling machines market players, the COVID-19 impact on the filling machines market, and more.
The global filling machines market is expected to grow from $6.57 billion in 2020 to $6.89 billion in 2021 at a compound annual growth rate (CAGR) of 4.9%. The growth in the filling machines market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The filling machine market is expected to reach $8.62 billion in 2025 at a CAGR of 5.8%.
The increasing demand for packaged and processed food is expected to drive innovation in filling machines, thus driving the market during the forecast period.
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The filling machines market consists of sales of filling machines by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing filling machines used to fill a variety of products such as capsules, liquids, chunky products, pastes, granules, medicines, and others. A filling machine is a sort of packaging machine that measures a product from bulk as per a predetermined value, such as the level in a container, mass, or volume. The machine then loads the goods into a box, bag, or another packaging container after obtaining the measurement.
Global filling machines market segments include:
By Type: Rotary Fillers, Volumetric Fillers, Aseptic Fillers, Net Weight Fillers, Other Filling Equipment
By Process: Manual, Semi-Automatic, Automatic
By Application: Food And Beverage, Pharmaceutical, Cosmetic, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the filling machines market in 2020.
The launch of technologically advanced products is shaping the filling machines market. Major companies operating in the filling machines sector are focused on developing technological solutions for filling to enhance the look for aseptic packs.
TBRC’s filling machines market report covers:
Major Market Players: Tetra Laval, Krones Group AG, GEA Group AG, Accutek Packaging Equipment, KHS GmbH, Ronchi Mario S.p.A, Coesia Group S.p.A., Scholle Ipn Corporation, Uflex Ltd., and Matrix Packaging Machinery.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Filling Machines Global Market Report 2021: COVID-19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides filling machines market overviews, analyzes and forecasts market size, share, filling machines market players, filling machines market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s filling machines market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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