Filling Equipment Market Worth $23,499.4 Million in 2027 | by Sales Type, Process, Product & End-user Industry

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.

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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. 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.

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Geographic Review

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 Players

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.

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