The global filling equipment industry accounted for $17,820.5 million in 2019 and is expected to reach $23,499.4million by 2027, registering a CAGR of 3.9% from 2020 to 2027. The process of filling the manufactured product in the holding container before packaging can take up a lot of time. Filling equipment is convenient for large scale filling of the containers at high speed and with greater accuracy. Filling equipment include the machines used for filling box, bag, pouch, bottle and other type of holding container with solid, semi-solid and liquid form of products.
Rise in need of the consumable products has led to increase in the production capacity of the products by the manufacturers. Filling equipment being accurate, consistent and reliable are preferred by the manufacturers for the purpose of filling the consumable material or substance into the holding containers like box, pouch, tube, bottle and others, anticipating the growth of the filling equipment market during the forecast period.However, due to advance software and high quality parts, the cost of the machines is high, which restricts the growth of the filling equipment market
Rising number of companies in the fast moving consumer goods (FMCG) and pharmaceutical production are focusing on increasing the production output of their factories. This has increased the demand for filling equipment, which enables fast filling of the material in the containers such as box, bag, pouch, and bottle with high accuracy. Hence, growing focus on increasing the production output is expected to drive the growth of the market. However, the high cost of filling equipment will restrain the growth of the market. The high cost of the filling equipment because of the atomization of the equipment using programmable logic controller (PLC), feedback systems, and software. Moreover, governments are focusing on the development of small and medium enterprises, which is expected to drive the filling equipment market in future.
The selection of the machine also depends upon the material to be filled by the machine in the holding container. Machines that fill liquid, semi-solid and solid have completely different operating procedure, feeding system and nozzle types. For instance, Coca-Cola Canners in South Africa started bottling sports drinks, iced tea and juices with and without fruit lumps. The manufacturing plant had two existing PET bottling lines, but a new line was needed due to high-pulp content of the juice. Therefore, in January 2017 Coca-Cola bought new filling equipment to match their needs from KHS Group, which is a manufacturer of filling and packaging equipment. Further, pharmaceutical industry needs very precise machines as it is used to fill the substances in liquid or powder form in the medicines.
Further, there are various types of filler machines depending upon the application. For instance, bottle filling is generally done by rotary feeding lines, whereas, cans and food packets are filled with straight feeding line. The type of filling machines used also depends on end-user industry and types of their products. Machines for liquid substances use different operating system, feeding system and nozzle that actually fills the container, can, bag or bottle. Further, in pharmaceutical industries the filling equipment used to fill liquid or powder in medicine bottles and capsules are of very high accuracy. In addition, filling equipment is also used in personal care, chemical, tobacco and other FMCG manufacturing companies.
Region wise, the filling equipment market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy and rest of Europe), Asia-Pacific (China, Japan, South Korea, India and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2019, Asia-Pacific contributed the highest to filling equipment market share and is anticipated to secure the leading position during the forecast period, due to a rise in production of FMCG and pharmaceutical products.
Competition Analysis
Competitive analysis and profiles of the major players in the filling equipment market, 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 key players from 2017 to 2020 include product launches, acquisitions, and business expansions. Some competitors adopted product as their key developmental strategy to expand their product portfolio and customers. For instance, in May 2018, Pavan, a subsidiary brand of GEA launched new MRD540, single sheet machine for forming and filling machine for fresh pasta and lobe pump for filling dosage and RRW540 double sheet machine for filling solid and liquid products. Thus, such strategies will give filling equipment market opportunity for growth during the forecast period.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
BY Sales Type
BY Process Type
BY Product Type
BY End-user Industry
By Region
KEY PLAYERS
Rise in need of the consumable products has led to increase in the production capacity of the products by the manufacturers. Filling equipment being accurate, consistent and reliable are preferred by the manufacturers for the purpose of filling the consumable material or substance into the holding containers like box, pouch, tube, bottle and others, anticipating the growth of the filling equipment market during the forecast period.However, due to advance software and high quality parts, the cost of the machines is high, which restricts the growth of the filling equipment market
Rising number of companies in the fast moving consumer goods (FMCG) and pharmaceutical production are focusing on increasing the production output of their factories. This has increased the demand for filling equipment, which enables fast filling of the material in the containers such as box, bag, pouch, and bottle with high accuracy. Hence, growing focus on increasing the production output is expected to drive the growth of the market. However, the high cost of filling equipment will restrain the growth of the market. The high cost of the filling equipment because of the atomization of the equipment using programmable logic controller (PLC), feedback systems, and software. Moreover, governments are focusing on the development of small and medium enterprises, which is expected to drive the filling equipment market in future.
The selection of the machine also depends upon the material to be filled by the machine in the holding container. Machines that fill liquid, semi-solid and solid have completely different operating procedure, feeding system and nozzle types. For instance, Coca-Cola Canners in South Africa started bottling sports drinks, iced tea and juices with and without fruit lumps. The manufacturing plant had two existing PET bottling lines, but a new line was needed due to high-pulp content of the juice. Therefore, in January 2017 Coca-Cola bought new filling equipment to match their needs from KHS Group, which is a manufacturer of filling and packaging equipment. Further, pharmaceutical industry needs very precise machines as it is used to fill the substances in liquid or powder form in the medicines.
Further, there are various types of filler machines depending upon the application. For instance, bottle filling is generally done by rotary feeding lines, whereas, cans and food packets are filled with straight feeding line. The type of filling machines used also depends on end-user industry and types of their products. Machines for liquid substances use different operating system, feeding system and nozzle that actually fills the container, can, bag or bottle. Further, in pharmaceutical industries the filling equipment used to fill liquid or powder in medicine bottles and capsules are of very high accuracy. In addition, filling equipment is also used in personal care, chemical, tobacco and other FMCG manufacturing companies.
Region wise, the filling equipment market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy and rest of Europe), Asia-Pacific (China, Japan, South Korea, India and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2019, Asia-Pacific contributed the highest to filling equipment market share and is anticipated to secure the leading position during the forecast period, due to a rise in production of FMCG and pharmaceutical products.
Competition Analysis
Competitive analysis and profiles of the major players in the filling equipment market, 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 key players from 2017 to 2020 include product launches, acquisitions, and business expansions. Some competitors adopted product as their key developmental strategy to expand their product portfolio and customers. For instance, in May 2018, Pavan, a subsidiary brand of GEA launched new MRD540, single sheet machine for forming and filling machine for fresh pasta and lobe pump for filling dosage and RRW540 double sheet machine for filling solid and liquid products. Thus, such strategies will give filling equipment market opportunity for growth during the forecast period.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging filling equipmentmarket trends and dynamics. The report also provides market size from 2020 to 2027.
- In-depth market analysis is conducted by constructing 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 helpss understand the competitive outlook of the industry.
KEY MARKET SEGMENTS
BY Sales Type
- New Machinery
- Spare Parts
BY Process Type
- Manual
- Semi-automatic
- Automatic
- Rotary feeding line
- Straight feeding line
BY Product Type
- Solid
- Semi-solid
- Liquid
BY End-user Industry
- Food
- Beverage
- Pharmaceutical
- Personal Care
- Chemical
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY PLAYERS
- 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
- Tetra Laval International S.A
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Filling Equipment Market, by Sales Type
Chapter 5: Filling Equipments Market, by Process Type
Chapter 6: Filling Equipment Market, by Product Type
Chapter 7: Filling Equipment Market, End-User Industry
Chapter 8: Filling Equipment Market, by Region
Chapter 9: Competitive Landscape
Chapter 10: Company Profiles
Executive Summary
According to the report titled, 'Filling Equipment Market by Sales Type, Process Type, Product Type and End-user Type: Opportunity Analysis and Industry Forecast, 2020-2027' the global filling equipment market size accounted for $17.8 billion in 2019 and is expected to reach $23.5 billion by 2027, registering a CAGR of 3.9% from 2020 to 2027. In 2019, Asia-Pacific dominated the global market, in terms of revenue, accounting about 35.6% share of the global filling equipment industry, followed by Europe, North America and LAMEA.There is growing demand for packaged food mainly because of the rising busy lifestyle. Further, easy availability of packaged food is also boosting the sales of packaged food. Hence, the rise in packaged food market will drive the filling equipment market growth. Moreover, the fast moving consumer goods (FMCG) industry is witnessing rapid growth and forming an integral part of the economy. For example, FMCG is among the top 5 largest sectors in the Indian economy. Further, many major players such as Krones AG, Salzgitter AG (KHS Group) and others, have planned to invest millions of dollars in the expansion projects that are to be carried out during the forecast period to diversify the product portfolio and offer better service to the customers.
Thus, rise in use of FMCG products and pharmaceutical products has led to increase in production capacity, which eventually increases the sales of new filling equipment and also increases the need of spare parts due to corrosion of the equipment. For instance, Unilever is opening a new plant in Dubai that will be producing beauty and personal care products. The company has planned to invest $250-$300 million for a 100,000 square meter plant. Thus, such expansions will help in the filling equipment market growth during the forecast period
In terms of sales type, the new machinery segment secured the highest share of over 73.1% in the global filling equipment market in 2019 and is expected to grow at a CAGR of over 4.0% during the forecast period. In terms of process type, the automatic filler segment is expected to contribute the highest filling equipment market share in the coming years, as rise in the production of consumable products is estimated to fuel its growth. The pharmaceutical segment is expected to grow at the highest CAGR during the forecast period.
Region wise, the filling equipment market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy and rest of Europe), Asia-Pacific (China, Japan, South Korea, India and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Key Findings of the Study:
On the basis of sales type, the new machinery segment was the highest revenue contributor in 2019.
On the basis of process type, the automatic segment was the highest revenue contributor in 2019.
On the basis of product type, the liquid segment was the highest revenue contributor in 2019.
On the basis of end-user industry, the beverage segment was the highest revenue contributor in 2019.
On the basis of region, Asia-Pacific contributed the highest in filling equipment market share in 2019, followed by Europe, North America and LAMEA.
The key players analyzed in the global filling equipment market are 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.Majority of the players have adopted strategies such as business expansion, acquisition, and product launch. For example, in January 2018, GEA acquired VIPOLL d.o.o a Slovenian machine manufacturer of beverage processing industry such as soft drinks, beer and fresh dairy products with an aim to expand its portfolio and strengthens its market position. At another instance, in November 2018, Krones launched a completely revamped Modulfill HES machine, which performs operations such as bottle in feed, filling & closing and bottle discharge. New technology in the machine of the filling system by offers enhanced friendly operations, safety, space savings and hygiene.
Companies Mentioned
- 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
- Tetra Laval International S.A
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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