Filling Equipment Market Worth $23,499.4 Million in 2027 | Accutek Packaging Equipment Companies, Inc., Coesia S.p.A, GEA Group Aktiengesellschaft, JBT, Krones AG

According to a recent report published by Allied Market Research, 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.

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Filling Equipment Market by Sales Type (New Machinery and Spare Parts), Process Type (Manual, Semi-Automatic and Automatic), Product Type (Solid, Semi-solid and Liquid) and End-user Industry (Food, Beverage, Pharmaceutical, Personal Care, Chemical and Others)

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.

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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.

Key Players

The filling equipment market analysis by profiles of the major players, 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.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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