Global Filling Equipment Market to Reach US$ 21.9 Billion by 2027, Impelled by Increasing Demand for Ready-to-Eat (RTE) Food

December 09, 2022

According to the latest report by IMARC Group, titled "Filling Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027," the global filling equipment market reached a value of US$ 18.0 Billion in 2021. Filling equipment fills solid, semi-solid, and liquid products in different types of containers, such as boxes, bags, pouches, or bottles. It is convenient for large-scale filling of containers at high speeds with accurate measurement. Large-scale production of any material or substance generally consumes a lot of time to be filled in the containers. Filling equipment makes this work easy, fast, and with greater accuracy. It is available in several modes of operation, such as automatic, form-fill-seal, and semi-automatic. It is used to fill several eateries and personal care products in the food, beverage, chemical, and pharmaceutical sectors. It offers various benefits, such as safe filling, measured filling solution, and suitability for different container designs and sizes.

Global Filling Equipment Market Trends:

The global market is majorly driven by the increasing consumer preference for processed and packaged goods. In line with this, the rising demand for fast-moving consumer goods (FMCG) and pharmaceutical products has led manufacturing companies to raise the speed of their production lines. This has led to the accelerating demand for filling equipment, which enables rapid filling of the material while maintaining the accuracy of volume and weight in the containers. Furthermore, the intense research and development competencies of the leading market players facilitate them to choose industrial automation for a massive range of applications, which is anticipated to drive market expansion. Moreover, the emerging automation and robotics trend is propelling the demand for automatic filling equipment worldwide. Additionally, the rapid adoption of standardization and modularity techniques is creating a positive outlook for the market. On account of the factors above, the market is anticipated to reach a value of US$ 21.9 Billion by 2027, exhibiting a CAGR of 3.4% during 2022-2027. 

Market Summary:

  • On the basis of the sales type, the market has been categorized into new machinery and spare parts.
  • Based on the process type, the market has been classified into manual, semi-automatic, and automatic.
  • Based on the product type, the market has been segmented into solid, semi-solid, and liquid.
  • Based on the end use industry, the market has been categorized into food and beverages, pharmaceutical, personal care, chemical, and others.
  • On the basis of the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others) and the Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market. Some of the key players include Accutek Packaging Companies, Coesia S.p.A, GEA Group Aktiengesellschaft, JBT Corporation, KHS GmbH (Salzgitter AG), Krones AG, Ronchi Mario S.p.A., Scholle IPN, Syntegon Technology GmbH and Tetra Laval International S.A.
     

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Global Filling Equipment Market to Reach US$ 21.9 Billion by 2027, Impelled by Increasing Demand for Ready-to-Eat (RTE) Food
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