The global liquid filling machines market size is expected to reach USD 5,205.78 Million by 2030 according to a new study by Polaris Market Research. The report Liquid Filling Machines Market Share, Size, Trends, Industry Analysis Report, By Liquid Type, By Equipment Type (Automatic, Semi-Automatic), By End-User (Food & Beverage, Healthcare & Pharmaceuticals, Cosmetics, Others); By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global market is anticipated to grow due to the rising technological advancements and the increasing penetration of automated machinery across various end-user industries. Furthermore, the growing purchasing power of the population and the growing industrial development is anticipated to present huge industry growth opportunities. The rising focus of the consumers and the shifting preference towards healthy beverages such as sugar-free drinks, organic fruit juices, and others are anticipated to increase the demand for liquid filling machines globally.
Furthermore, the increasing government regulations across various industries such as food & beverage, healthcare & pharmaceutical, and others, to maintain quality and hygiene of the products is increasing the adoption of filling machines as the use of these machinery offers better safety, functionality, and productivity. Therefore, these factors are projected to spur industry demand in the upcoming years.
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Based on the end-user industry, the food & beverage segment dominates the global industry and is anticipated to lead the industry over the forecasting period. The segment's growth can be attributed to the increasing consumption of convenience food products. The rising consumption of packaged distilled water that has added minerals is anticipated to drive the development of the segment.
Market participants such as Barry-Wehmiller Companies, Accutek Packaging Equipment Companies, Inc., Scholle Packaging, Bosch Packaging, E-PAK Machinery., Coesia Group, Filling Equipment Co., GEA Group, Inline Filling Systems, KHS GmbH, Krones Group, JBT Corp, Robert Bosch GmbH, Ronchi Mario S.p.A, and Tetra Laval International are some of the key players operating in the global industry.
Various market vendors are introducing their innovations across the global market to reinforce their geographical footprints. For instance, the sale of Bosch Packaging Technology was completed in January 2020. The company was sold to a newly incorporated firm that CVC Capital Partners manage. The company is now known as Syntegon Technology, operating independently offering solutions across the pharmaceutical & food industry.
Polaris Market Research has segmented the liquid filling machines market report on the basis of liquid type, equipment type, end-user, and region:
Liquid Filling Machines, Liquid Type Outlook (Revenue - USD Billion, 2018 - 2030)
Liquid Filling Machines, Equipment Type Outlook (Revenue - USD Billion, 2018 - 2030)
Liquid Filling Machines, End-User Outlook (Revenue - USD Billion, 2018 - 2030)
Liquid Filling Machines, Regional Outlook (Revenue - USD Billion, 2018 - 2030)