Filling Equipment Market 2020-2027: Profiling Global Players Pro Mach, Inc., Barry-Wehmiller Companies, Swiss Can Machinery AG, Serac Group, Optima Packaging Group GmbH, I.M.A. Industria Macchine Automatiche S.p.A., CFT S.p.A. and Others

The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Filling Equipment market. The researcher provides an extensive analysis of the Filling Equipment market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

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The filling equipment market was valued at US$ 8.87 billion in 2019 and is projected to reach US$ 10.62 billion by 2027; it is expected to grow at a CAGR of 2.4% from 2020 to 2027.

The food & beverage industry is growing rapidly in APAC due to the growing population, which bolsters the growth of the filling equipment market in this region. Further, rising disposable income of consumers drives the demand for packaged and processed products in emerging regions such as China and India. Moreover, sensitive, critical, and temperature-sensitive pharma products—such as drugs and vaccines among other medicated liquids—, which substantially boosts the demand for filling machines. Furthermore, health-conscious consumers are shifting toward healthy drinks—such as sugar-free liquid refreshments, organic fruit juices—owing to the growing awareness about several benefits of such products. The trend is creating need for filling equipment in the beverages processing and manufacturing industry.

The global filling equipment market comprises numerous international players and many small-scale industry participants. Strong research & development (R&D) competences of key market players facilitate them to choose industrial automation for a broad range of applications, which is expected to drive the growth of the filling equipment market during the forecast period. Also, players operating in the market are significantly investing in both organic and inorganic growth strategies. For instance, in October 2018, Krones Inc. acquired W.M. Sprinkman Corporation, a manufacturer of processing equipment particularly for the dairy and brewing industries. This acquisition aims to strengthen the product portfolio of Krones AG in North America. Likewise, in 2017, GEA launched an aseptic filling machine called Fillstar CX EVO.

Top Key Players:- Accutek Packaging Equipment Company, Inc., COESIA S.p.A., GEA Group AG, JBT Corporation, KHS GmbH, Krones AG, Ronchi Mario S.p.A., Scholle IPN, Tetra Laval International S.A., Sidel Group (part of Tetra Laval Group), Shibuya Corporation, Hangzhou Zhongya Machinery Co., Ltd, Simik Inc., Syntegon Technology GmbH (Bosch Packaging Technology), Pro Mach, Inc., Barry-Wehmiller Companies, Swiss Can Machinery AG, Serac Group, Optima Packaging Group GmbH, I.M.A. Industria Macchine Automatiche S.p.A., CFT S.p.A.

The research on the Filling Equipment market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Filling Equipment market on the basis of end user, product type, application, and demography for the forecast period 2021–2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

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Reason to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Filling Equipment market
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Filling Equipment market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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