FILLING MACHINES MARKET ANALYSIS

The global filling machines market size was valued at US$ 7.97 Billion in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 4.56% from 2023 to 2030. The global filling machines market is anticipated to witness rapid growth during the forecast period. This growth is attributed to the rising demand for packaged products, increasing disposable income level, and changing consumer preferences towards processed & packaged foods. Moreover, rising awareness about health consciousness, and growing demand for bottled energy drinks are also driving the market.

Global Filling Machines Market: Regional Insights

North America is anticipated to gain substantial share in the global filling machines market during the forecast period, owing to increasing food industry, growing pharmaceutical sector, and shift in the consumer behaviors. The U.S. is a prominent pharmaceutical packaging market, as the advancements in pharmaceutical packaging industry are focusing on improving the barrier properties of the packaging material. Furthermore, rising growth of food and beverage industry along with several others in Canada is also expected to propel growth of the global filling machines market during the forecast period.

Asia Pacific is projected to show significant growth in the global filling machines market over the forecast period. This is due to rise in demand for productivity improvements in several industries in the region such as chemical, pharmaceutical, food and beverage. Moreover, technological developments in the region are also driving the demand for filling machines. Along with this, the packaging industry in India is witnessing rapid changes in packaging trends, which in turn is driving growth of the market across the region.

Figure 1: Global Filling Machines Market Share (%), By Region, 2022

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Global Filling Machines Market Drivers:

Recent technological innovations to drive the demand for automated filling machine

Use of automated filling machines eases the process on the line of assembly and increases the efficiency of the complete packaging process. The packaging industry has witnessed explosive growth in the past few years, and as a result, several versatile packaging such as automatic filling machines are being introduced in the market. This is in turn capturing the attention of consumers looking for next-generation equipment. Thus, the demand for automated filling machines is increasing all over the world, which is expected to boost growth of the global filling machines market over the forecast period.

Increasing demand from the food and beverage industry to augment the market growth

In past few years, the food and beverages industry has shown strong growth, as the industry continues to move from imitation to innovation. The demand for packed food as well as beverages is increasing all over the world, which in turn is driving the innovation of novel technology in the packaging industry. As the food service industry continues to show increasing growth across several regions, the demand for filling machines is increasing in the market. This factor is thus expected to drive growth of the global filling machines market during the forecast period.

Global Filling Machines Market Opportunities:

Rising urbanization, and health consciousness among consumers is expected to present growth opportunities in the global filling machines market during the forecast period. Filling machines are easy to use, maintain, and offer excellent performance, due to which they are widely used for packaging several industrial and food products. Due to increasing urbanization, demand for healthy food products is increasing, which further is driving the demand for filling machines. Thus, the market is likely to witness business opportunities in the coming future.

Growing applications for automated filling machines to bring in lucrative opportunities in the global filling machine market over the forecast period. With increasing automation, the applications for filling machines continue to increase. The automated machines take care of the repetitive work of placing and tightening caps on each bottle. The pharmaceutical, e-liquid, food and beverage industries are among several other applications of automatic filling tools. The global filling machine market is likely to benefit from the increasing growth of these industries.

Global Filling Machines Market Trends:

Increasing growth of food packaging industry in Asia Pacific is trending in the market

Asia Pacific has presence of large population pool, and the region is witnessing expansion of disposable income among customers, due to which food packaging industry is one of the major markets in the region. Moreover, technological developments across countries in the region are enabling premium food manufacturers to deliver unique food choices in long-lastingly and sustainable manner.

Increasing digital transformation of enterprises around the world is a growing trend

Due to digital transformation of enterprises, the emergence of automation powered by digital technologies such as AI and robotics is increasing around the world. This is likely to help companies reduce cost of manufacturing. The use of robotic filling equipment allows packagers to create more than they can with manual product filling. This technology can enable dependable, repeatable, and consistent fill with every cycle, whether the fill is based on a volume, level, weight, or another measurement. Thus, growing digital transformation of enterprises to fuel growth of the global filling machines market during the forecast period.

Global Filling Machines Market Restraints:

Lack of standardization of machines, owing to changing regulations to hamper the market pace

Standardization of equipment is intended for packaging commodities, which includes, particular safety specifications for a machine or a class of machines. Such standards cover hazardous conditions, risks, and hazardous events, and further apply to the design, construction, and instructions for using the packaging equipment. However, these standards and regulations differ region to region, due to which manufacturers face challenges while developing machines specific to a region’s regulations, which is further expected to hinder growth of the global filling machines market during the forecast period.

High cost involved with initial purchase and maintenance to hamper the market

To set up the packaging industry, companies need high capital investment, as the cost of the machineries is high. Several packaging businesses adopt modular filling equipment, which offers labeling and sealing simultaneously, however, the total cost of maintenance increases exponentially, which further directly impacts adoption of this machinery. The initial cost of purchasing filling machine depends on size and the number of operations offered by the equipment, which can also be high in some regions. These factors are thus, expected to hamper growth of the global filling machines market during the forecast period.

Figure 2: Global Filling Machine Market Share (%), By Segment, 2022

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Global Filling Machines Market Segmentation:

The global filling machines market report is segmented into Equipment Type and Type.

Based on Equipment Type, the market is segmented into Aseptic, Rotary, Volumetric, Net Weight, and Other Equipment Types. Out of which, Aseptic is expected to dominate the global market over the forecast period and this is attributed to the increasing demand for aseptic filling machines due to their benefits such as flexibility compared to manual processes, and minimizing product and waste loss. Moreover, increasing packaging industry is also driving growth of this segment, owing to the potential of packaging to satisfy the requirements and uniform quality of products.  

Rotary segment is also expected to witness significant growth in the near future and this is owing to the growing adoption of rotary filling machine. This machines is used for filling different containers in the packaging industry with liquid, granular, and powder products. For instance, in June 2022, Shemesh Automation, a leading provider of high-end packaging machines announced the launch of Asterra, which is a strong, high-end Industry 4.0-ready, versatile, pioneering positive displacement rotary piston filling machine. Thus, such initiatives adopting rotary filling machines is expected to drive growth of this segment.

Based on Type, the market is segmented into Automated and Semi-automated. Out of which, Automated is expected to dominate the global market over the forecast period and this is attributed to the growing use of automated filling machinery. Investing in this type of packaging machinery offers various benefits for a packaging company, such as reliability, higher production speeds, versatility, consistency, simple lower/controls operator interaction, and other. Due to these benefits several manufacturers are adopting automated filling machines, and this in turn is likely to support growth of this segment.

Semi-Automated segment is also expected to witness significant growth in the near future and this is owing to the widespread adoption of semi-automated filling machines, as they are suitable for filling any kind of liquid. For instance, in October 2022, Liquibox introduced its novel automatic and semi-automatic bag-in-box filling equipment, with novel designs that can fill liquid food, beverages, and non-food products.

Global Filling Machines Market: Key Developments

In January 2022, GEA Group announced expansion of the online services with GEA eShop Filling, the order platform for clients having filling and packaging operations. 

In March 2022, Syntegon Technology GmbH’s business, Ampack exhibited its newly extended range of cup and bottle filling machines for liquid to foods that are highly viscous. The new linear filling machine LFS has now completed the portfolio along with the tried-and-true Ampack FCL that offers solutions for all types of levels of hygiene.

In October 2022, GEA Group opened a new, cutting-edge food processing and packaging technology center. The new facility is located in the Dallas suburbs and consists more than 40 GEA pieces of food product manufacturing machinery.

In November 2022, Krones AG, announced plans to acquire R+D Custom Automation LLC, a company based in the U.S. that offers equipment and tools to create and fill containers for the pharmaceutical industry.

Global Filling Machines Market: Key Companies Insights

The global filling machines market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis.

Some of the key players in the global filling machines market are KHS GmbH, Tetra Pak International SA (Tetra Laval Group), Syntegon Technology GmbH, JBT Corporation, GEA Group Aktiengesellschaft, Sidel Group (Tetra Laval Group), Krones AG, Ronchi Mario SPA, Coesia Group, and Barry-Wehmiller Companies Inc.

*Definition: Filling machines are devices that allow for the consistent, accurate, and efficient filling of containers with a liquid product. The machines are commonly used in the food, beverage, and pharmaceutical industries. They also serve as a key component of production lines, and are capable of filling bottles, jars, containers, cans, sachets, and pouches.