Press release
Filling Machines Market 2021 Outlook with Key Industry Manufacturers - Tetra Laval, Krones Group AG, GEA Group AG
The Global Filling Machines Market Report provides a study with an in-depth overview, describing the product/industry scope and elaborating market outlook and status (2021-2030). The report is curated after in-depth research and analysis by experts. The report provides comprehensive valuable insights on the global Filling Machines market development activities demonstrated by industry players, growth opportunities, and market sizing with analysis by key segments, leading and emerging players, and geographies.The global filling machines market is expected to grow from $6.57 billion in 2020 to $6.89 billion in 2021 at a compound annual growth rate (CAGR) of 4.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $8.62 billion in 2025 at a CAGR of 5.8%.
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Top Companies in the Global Filling Machines Market: Tetra Laval; Krones Group AG; GEA Group AG; Accutek Packaging Equipment; KHS GmbH; Ronchi Mario S.p.A; Coesia Group S.p.A.; Scholle Ipn Corporation; Uflex Ltd.; Matrix Packaging Machinery
Market Overview:
The increasing demand for packaged and processed food is expected to propel the growth of the filling machines market in the coming years. The changing consumer consumption trends in terms of processed and packaged foods, as well as a growing population and social, political, and economic forces, are driving substantial change in the processed and packaged food business. Filling machines, also known as dosing machines, are important components of machinery in the food processing and packaging industries. Filling equipment is available in tabletop or floor standing versions that can be integrated into food processing and packaging lines, such as form, fill, and seal lines. For instance, according to the Packaging Gateway (2019) report, the packaging sector in India is expected to develop at an annual rate of 18%, with flexible packaging growing at a rate of 25% and rigid packaging rising at 15%. Therefore, the increasing demand for packaged and processed food drives the growth of the filling machines market.
In March 2021, Scholle IPN, a US-based company that manufactures bag-in-box packaging products completed the acquisition of Bossar Packaging Pvt. Ltd for an undisclosed amount. This acquisition will leverage the combined capabilities of both businesses to provide one-stop shopping for vertically integrated, sustainable solutions for the global filling machine market. Bossar Packaging Pvt. Ltd is a US-based company that offers HFFS machines and filling machines for pre-made pouches.
Segmentation:
Markets Covered: 1) By Type: Rotary Fillers; Volumetric Fillers; Aseptic Fillers; Net Weight Fillers; Other Filling Equipment
2) By Process: Manual; Semi-Automatic; Automatic
3) By Application: Food And Beverage; Pharmaceutical; Cosmetic; Others
Regional Analysis:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for the Filling Machines market.
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