Filling Equipment Market by Type, Process, Product and Industry 2018-2025: Robert Bosch GmbH, Accutek Packaging Equipment Companies, Inc., GEA Group, Tetra Pak International S.A., Krones AG

Industry Trend Analysis
The global filling equipment market is expected to be around 10.3 billion. Some of the key factors driving this market are technological advancements in automation and robotics in filling industry, increasing demand for improved filling and packaging equipment and rising demand for small food and beverage packaging due to changing consumer preferences. However, high cost of advanced filling equipment can hamper the growth of global filling equipment market during the forecast period.

Type Outlook and Trend Analysis
On the basis of type, the global filling equipment market is segmented into volumetric fillers, rotary fillers, net weight fillers and aseptic fillers. Different volumetric fillers such as cup filler systems can be used to efficiently dispense a variety of free-flowing products such as seeds, beans, rice etc., without product degradation. Rotary fillers such as rotary valve piston filling machines can be used to dispense thick products and products having large particulates with better accuracy. Aseptic filling and packaging is used in conditions where sterilization is needed to be achieved in order to prevent deterioration of food products in terms of nutrition or flavor.

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Industry Outlook and Trend Analysis
In pharmaceutical industry special precaution needs to be taken in order to protect the ingredients. Sanitary fittings are used in filling equipment that are used in pharmaceutical and food and beverage industry as these industries produce products that are meant for human consumption and are ingested. Filling machines used in cosmetics industry are designed for effective handling of different products such as creams, oils, lotions, colognes and other products. Products in this industry are generally viscous in nature and hence the filling equipment is designed to handle viscosity of liquids, creams and oils.

Regional Outlook and Trend Analysis
Asia-Pacific dominated the global filling equipment market in 2016 owing to availability of cheap labor in the region as well as availability of raw material at a considerably lower cost. The market is expected to witness significant growth over the forecast period due to emphasis on improving foreign investment through enhanced infrastructure in emerging economies such as India and China.

Competitive Analysis
The key strategy adopted by companies operating in the global filling equipment market is product development and innovation in order to introduce advanced solutions for the customers and secure a larger share of the market. For instance, in June 2015, Tetra Pak International S.A. launched the Tetra Pak E3 filling machine that uses electron beams for sterilizing packaging material. The machine focuses an electron beam on the surface of the packaging material as it passes through the filling machine, killing any micro-organisms or bacteria present on the material. Some of the major players operating in this market are Robert Bosch GmbH, Accutek Packaging Equipment Companies, Inc., GEA Group, Tetra Pak International S.A., Krones AG, Scholle IPN Corporation, Coesia S.p.A., John Bean Technologies Corporation and RONCHI MARIO S.P.A

Market Opportunities
The key opportunities for the companies operating in the global filling equipment market are driven by product innovation to derive efficient filling solutions for dynamic environment in line with changing customer requirements. Filling equipment offering flexibility to the customers will sustain in the market for a longer period giving a competitive edge to the manufacturers in coming years.

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Filling Equipment Market Segmentation:

By Type:
Volumetric fillers
Rotary fillers
Net weight fillers
Aseptic fillers

By Process:
Manual
Automatic
Semi-automatic

By Product:
Solid
Semi-solid
Liquid

By Industry:
Pharmaceutical
Food
Beverage
Cosmetics
Others

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