The filling equipment market was valued at US$ 8.87 billion in 2019 and is projected to reach US$ 10.62 billion by 2027; it is expected to grow at a CAGR of 2.4% from 2020 to 2027.
The food & beverage industry is growing rapidly in APAC due to the growing population, which bolsters the growth of the filling equipment market in this region. Further, rising disposable income of consumers drives the demand for packaged and processed products in emerging regions such as China and India. Moreover, sensitive, critical, and temperature-sensitive pharma products—such as drugs and vaccines among other medicated liquids—, which substantially boosts the demand for filling machines. Furthermore, health-conscious consumers are shifting toward healthy drinks—such as sugar-free liquid refreshments, organic fruit juices—owing to the growing awareness about several benefits of such products. The trend is creating need for filling equipment in the beverages processing and manufacturing industry.
The global filling equipment market comprises numerous international players and many small-scale industry participants. Strong research & development (R&D) competences of key market players facilitate them to choose industrial automation for a broad range of applications, which is expected to drive the growth of the filling equipment market during the forecast period. Also, players operating in the market are significantly investing in both organic and inorganic growth strategies. For instance, in October 2018, Krones Inc. acquired W.M. Sprinkman Corporation, a manufacturer of processing equipment particularly for the dairy and brewing industries. This acquisition aims to strengthen the product portfolio of Krones AG in North America. Likewise, in 2017, GEA launched an aseptic filling machine called Fillstar CX EVO.
Impact of COVID-19 Pandemic on Filling Equipment Market
According to the latest report by World Health Organization (WHO), the US, India, Brazil, Russia, Peru, Columbia, South Africa, and Mexico are among the worst affected countries due to the COVID-19 outbreak. As of November 11th, 2020, there are ~50,810,763 COVID-19 confirmed cases and ~1,263,844 reported deaths across the world, and the number is growing at varying rates in different countries. The pandemic is hindering the growth of economies worldwide, and it is likely to continue in 2021. The outbreak is significantly disrupting various industries, such as food & beverage, pharmaceutical, cosmetics, chemicals, and manufacturing.
Lucrative Regions in Filling Equipment Market
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Filling Equipment Market Insights
Surge in Demand for Automatic Filling Machines
Automation in the production process helps companies improve performance by increasing production, maintaining quality, reducing operational cost and human resource requirements, and minimizing human errors. The automated filling equipment is completely operated by the computer; therefore, it reduces the assembly line time process. Various industries such as pharmaceutical, cosmetic, and food & beverages are benefited from automatic filling machines as these ease the process in assembly line and upsurges the efficiency of entire process ranging from production to packaging. In the industries such as pharmaceutical and food & beverage, the products must be free from naturally occurring bacteria to avoid contamination, and the deployment of automatic filling machine ensures product safety by restricting human involvement. Therefore, rising adoption of automated machines in industries propels the growth of the filling equipment market.
Process-Based Market Insights
Manual filling process is most regularly used for small-scale production. Based on process, the filling equipment market is segmented into manual, semi-automatic, and automatic. The semi-automatic segment led the market in 2019 with the largest market share, and it is expected to continue its dominance during the forecast period. However, the automatic segment is expected to register the highest CAGR during 2020–2027.
Filling Equipment Market, by Process – 2019 and 2027
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Product-Based Market Insights
Based on product, the filling equipment market is segmented into solid, semi-solid, liquid, and powder. The market for liquid segment is further segmented into piston, flow meter, and others. The semi-solid segment led the market in 2019 with the largest market share, and it is expected to continue its dominance during 2020–2027. However, the liquid segment is expected to register the highest CAGR during the forecast period.
End-User-Based Market Insights
Based on end-user, the filling equipment market is segmented into food & beverage, pharmaceutical, cosmetic, and others. The market for the others segment is further bifurcated into chemicals and petrochemicals. The food & beverage segment led the market in 2019 with the largest market share, and the same segment is expected to continue its dominance during the forecast period. However, the cosmetic segment is expected to register the highest CAGR during 2020–2027.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Filling Equipment Market: Strategic Insights
Market Size Value in US$ 8.87 Billion in 2019 Market Size Value by US$ 10.62 Billion by 2027 Growth rate CAGR of 2.4% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Filling Equipment Market: Strategic Insights
| Market Size Value in | US$ 8.87 Billion in 2019 |
| Market Size Value by | US$ 10.62 Billion by 2027 |
| Growth rate | CAGR of 2.4% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Players operating in the filling equipment market focus on strategies such as market initiatives, acquisitions, and product launches. A few developments by key players of the filling equipment market are:
In 2020, RIANTA packaging systems—a subsidiary of OPTIMA packaging group GmbH—expanded its presence in the US.
In 2019, KHS Group acquired minority stake in Ferrum Packaging. These companies work together to form a common system portfolio and provide integrated customer systems.
Filling Equipment Market – by Process
- Manual
- Semi-automatic
- Automatic
Filling Equipment Market – by Product
- Solid
- Semi-solid
- Liquid
- Piston
- Flow Meter
- Others
- Powder
Filling Equipment Market – by End--user
- Food & Beverage
- Pharmaceutical
- Cosmetics
- Others
Filling Equipment Market – by Geography
North America
- US
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Russia and CIS Countries
- Benelux
- Rest of Europe
Asia Pacific (APAC)
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Malaysia
- Singapore
- Thailand
- Vietnam
- Philippines
- Rest of APAC
Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Filling Equipment Market – Company Profiles
- Accutek Packaging Equipment Company, Inc.
- COESIA S.p.A.
- GEA Group AG
- JBT Corporation
- KHS GmbH
- Krones AG
- Ronchi Mario S.p.A.
- Scholle IPN
- Tetra Laval International S.A.
- Sidel Group (part of Tetra Laval Group)
- Shibuya Corporation
- Hangzhou Zhongya Machinery Co., Ltd
- Simik Inc.
- Syntegon Technology GmbH (Bosch Packaging Technology)
- Pro Mach, Inc.
- Barry-Wehmiller Companies
- Swiss Can Machinery AG
- Serac Group
- Optima Packaging Group GmbH
- I.M.A. Industria Macchine Automatiche S.p.A.
- CFT S.p.A.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Process , Product , and End-user
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Benelux, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Malaysia, Mexico, Philippines, Russia and CIS Countries, Saudi Arabia, Singapore, South Africa, South Korea, Thailand, United Arab Emirates, United Kingdom, United States, Vietnam
Frequently Asked Questions
The APAC region led the global filling equipment market in 2019. The pharmaceutical market in the APAC is the second largest worldwide, after North America. Further, it is expected that by 2021, the APAC market will surpass Western Europe, which is presently in third place. Countries such as India, China, Japan, Thailand, and Indonesia, are experiencing heavy investments in global life sciences companies in the field of R&D, manufacturing, marketing, and sales. The use of filling equipment in F&B industry in the region is also noticing tremendous growth owing to surging demand in packaged F&B products. This is attributed to the rising middle-class population coupled with increasing working class population. Moreover, the contract food processing and manufacturing in APAC is rising due to availability of cheap labor in some of the developing economies.
The food and beverage industry comprises a vast range of products. Beverages can range from thicker liquids to thin, free-flowing liquids. Food products, such as sauces and salad dressings, can comprise particulates that tend to settle prior to container filling. Additionally, the food & beverage industry normally need sanitary packaging machinery. These issues, as well as the supreme packaging machinery for packaging food and beverage, are dealt with on an individual, application specific basis. Liquid packaging solutions manufactures a range of filling machinery and capping machines for the food & beverage industry. Thus, the food & beverage dominated the filling equipment market by type in 2019.
The increasing level of competition across industries drives the companies to adopt automation technologies such as industrial internet of things (IIoT), artificial intelligence, machine learning, and big data to increase productivity and reduce operational costs. The trend of digitalization and process automation across industries is referred to as Industry 4.0, which is encouraging businesses to adapt to the changing technology landscape to sustain in current competitive industrial sector. Thus, swift adoption of IIoT solutions or shifting towards industry 4.0 could provide significant business growth opportunities for the market players during the coming years.
The List of Companies - Filling Equipment Market
- ACCUTEK PACKAGING EQUIPMENT COMPANIES INC.
- BARRY-WEHMILLER COMPANIES
- BOSCH PACKAGING TECHNOLOGY
- CFT S.P.A.
- COESIA GROUP
- GEA GROUP AG
- HANGZHOU ZHONGYA MACHINERY CO., LTD
- I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A.
- JBT CORPORATION
- KHS GMBH
- KRONES GROUP
- OPTIMA MACHINERY CORPORATION
- PRO MACH, INC.
- RONCHI MARIO S.P.A.
- SCHOLLE PACKAGING
- SERAC GROUP
- SHIBUYA CORPORATION
- SIDEL GROUP
- SIMIK INC.
- SWISS CAN MACHINERY AG
- TETRA LAVAL
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Filling Equipment Market
Nov 2020
Type-C Tanks Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Tank Type (Cylindrical, Bi-lobe, and Tri-lobe), Application (Cargo Tanks and Fuel Tanks), End User (LNG, LPG, LH2, and Ethanol), and Geography
Nov 2020
Water Treatment Industry Valves Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Valve Type (Ball Valves, Butterfly Valves, Diaphragm Valves, Safety Valves, Check Valves, Gate Valves, and Others) and Material Type (Steel Alloys, Stainless Steel, Cast Iron, and Others)
Nov 2020
Construction Scaffolding Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Offering [Scaffolding Products (Sale) and Rental Solutions], Type (Frame Scaffolding, Tube and Clamp Scaffolding, Ringlock Scaffolding, Cuplock Scaffolding, and Others), and End User (Residential Building, Commercial Building, Industrial, Oil and Gas Industry, Events, and Others)
Nov 2020
Conventional Lathe Machine Market
Forecast to 2028 - Global Analysis by Spindle Orientation (Horizontal and Vertical), Number of Axis (2 and 3), End-User (Automotive, General Machinery, Aerospace, Electronics, Oil & Gas, Others), and Lathe Type (Universal Lathe and Oil Country Lathe)