Press release
Global Filling Equipment Market Expected to Witness a Sustainable Growth over 2023
Filling equipment is used extensive applications in food and beverages. The production efficiency of packaging lines for manufacturing companies is determined by the accuracy and precision of the equipment. They are classified as rotary fillers, volumetric fillers, aseptic fillers, and net weight fillers depending on the technology on which they work . The filling equipment market is driven by the new filling technology development, increasing demand for the food packaging and changing consumer lifestyle.
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Global Filling Equipment Market: Forecast by Type / Application / Region
The major regions to production Filling Equipment are Europe and USA, which accounted for more than 45% of production in total. The major consumption region also was China and Europe.
Filling Equipment industry concentration in relatively high. The largest producer is Krones, accounting for 335.8 million USD in volume in 2015, followed by SIDEL and KHS.
Filling Equipment demand has a certain space, but basically showing the scarcity of high-end products due to technology barrier and excess capacity of low-end products. There is increasing demand for high-end products.
Despite the presence of competition problems, due to the clear global economy recovery trend and industry profits, investors are still optimistic about this area; there will be more investments to enter the field.
Along with the development of Chinese domestic Filling Equipment industry, the performance distance will shorten gradually, compared with the imported Filling Equipment.
As large demand of high-end products at home and abroad, many companies begin to focus on the field of high end
Over the next five years, LPI(LP Information) projects that Filling Equipment will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
Global Filling Equipment Market: Key Players
Krones
SIDEL
KHS
SIPA
Serac
OCME
GEA Procomac
SACMI
E-PAK Machinery
Guangzhou Tech-Long
Newamstar
Nanjing light group
Jiangsu Jinrong Machinery
Langfang Best Crown
Shanghai Precise Packaging
Greatview Aseptic Packaging
Xunjie Packaging Machinery
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Related Information:
United States Filling Equipment Market Research Report 2018
Europe Filling Equipment Market Research Report 2018
North America Filling Equipment Market Research Report 2018
Asia-Pacific Filling Equipment Market Research Report 2018
China Filling Equipment Market Research Report 2018
EMEA Filling Equipment Market Research Report 2018
Global Filling Equipment Market Research Report 2018
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