Innovative Technology : Bottling Line Machinery Market Globally Grow at a CAGR of 6.89% by 2021

Albany, NY, 15th September : Recent research and the current scenario as well as future market potential of "Global Bottling Line Machinery Market 2017-2021" globally.

Bottling line machinery constitutes of production lines that are used for filling beverage into bottles in a large scale. Bottling is a primary function in the beverage industry as it supports, protects, and preserves the beverage from external environment. The global bottling line machinery market is expected to witness a considerable growth rate during the forecast period. This high growth rate is attributed to the increasing demand for non-alcoholic beverages and increase in the number of beverage products that require varied packaging for enhancing the safety feature and shelf life of products. The demand for on-the-go non-alcoholic beverages, such as bottled water, carbonated soft drinks, juices, and energy drinks, is expected to drive the bottling line machinery market.

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Technavios analysts forecast the global bottling line machinery market to grow at a CAGR of 6.89% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global bottling line machinery market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of bottling line machinery for non-alcoholic beverages.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Bottling Line Machinery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Bosch Packaging Technology
Coesia
GEA Group
Krones
Sidel

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Other prominent vendors
IC Filling Systems
MULTIVAC
PallayPack
Pro Mach
SACMI Group

Market driver
Rise in demand for packaged beverages
For a full, detailed list, view our report

Market challenge
Influence of SMEs in bottling industry leading to price risk
For a full, detailed list, view our report

Market trend
Innovations in bottling line machinery
For a full, detailed list, view our report

Browse Report @ http://www.researchmoz.us/global-bottling-line-machinery-market-2017-2021-report.html

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.