Cup Filling Machines Market is projected to reach at a CAGR of 4.6% from 2022 to 2029

Cup filling machines are revolutionising the packing machinery business, which is expected to grow at a rapid pace. Flexible and rigid packaging options are being embraced by CPG (Consumer Packaged Goods) makers. Consumers are gravitating toward more nutrient-dense ready-to-eat foods. To appease time-pressed individuals, retailers are capitalising on the preference shifts by selling better-for-you food and beverage goods. As a result, cup filling machine manufacturers are focusing on specialised retailers to expand their company base.

Owing to rising demand for ready-to-consume products, North America and Europe are expected to lead cup filling machines market. Whilst East and South Asia are exhibiting fastest adoption rate. FMI, in its recent market research, finds that global cup filling machines market is anticipated to grow at a CAGR of ~4.6% over forecast period (2022-2029).

The cup filling machines market is expected to grow at a CAGR of 4.6 percent from 2022 to 2029, from US$ 1.6 billion in 2022 to US$ 2.2 billion in 2029.

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Demand Upsurge in Food and Beverage Sectors.

The food & beverage packaging industry is growing modestly, as such, adoption of cup filling machines in food and beverage sectors is projected to hold voluminous share by 2029 end. Manufacturers of cup filling machines are following consumers' preference for convenient food items.Further, rising prominence of singleton households in countries, including South Korea, and Japan, indicate the need for specific-sized packaging products.

FMI discovers notable upsurge in demand for dairy products, such as milk, yogurt, ice cream, and curd, in developing countries, despite steady consumption in western countries. The food and agriculture organization (FAO) of the United Nations reveals that worldwide milk production is expected to observe significant uptick in 2022, majorly led by India, and the US.

Automatic and Semi-Automatic Cup Filling Machines Remain Sought-After

The market of cup filling machines has been undergoing drastic transmutation with advent of industrial automation. Manufacturers are turning to state-of-the-art machinery that is time-, and cost-efficient. FMI finds that automatic and semi-automatic cup filling machines hold ~99% market share, with the former maintaining its supremacy throughout forecast period. Whilst semi-automatic cup filling machines are witnessing faster adoption rate, automatic iterations are generating returns that are twice as much.

As labor expenses in developing regions are high, food & beverage producers are shifting away from manual cup filling machines, which contribute negligibly in overall market revenue. In a bid to enhance their throughput, industrial operators are turning to automatic and semi-automatic cup filling machines.

Analysts at FMI suggest that 'Demand for cup filling machines tends to surge in line with rising inclination towards ready-to-consume food & beverages. Further, manufacturers are developing automatic and semi-automatic iterations to facilitate high-speed packaging.'

Competitive Landscape

The key manufacturers of cup filling machines are trying to focus on expanding their presence and capacity by purchasing the new facility as well as collaborating with various end-use industries. Also, the key players are focusing on adopting the latest technology in the cup filling lines to attract the end-use industries.

In November 2021, Serac group announced the expansion of its cup decontamination solution for its cup filling lines. The cup decontamination technology helps in offering an intermediate level of performance between H2O2 and UV decontamination.
In May 2019, Paxiom Group announced the expansion by purchasing the second facility in Las Vegas, NV.


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Cup Filling Machines Market by Category

By Technology:

Automatic Cup Filling Machines
Semi-automatic Cup Filling Machine
Manual Cup Filling Machines
By Machine Type:

Rotary Cup Filling Machines
Linear Cup Filling Machines
By Capacity:

Below 1000/Hr.
1000 to 3000/Hr.
3001 to 6000/Hr.
Above 6000/Hr.
By End-use:

Food
Dairy Products
Cereals & Dry Fruits
Ready to Eat
Jam, Sauces & Pickles
Spices & Condiments
Bakery & Confectionery
Others
Beverages
Fruit Juices
Alcoholic Drinks
Others
Others
By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa (MEA)

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This release was published on openPR.