Filling Machine Market Size, Share & Industry Analysis, By Type (Liquid Filling, Solid Filling, Powder Filling and Other), By Application (Food Products, Beverages, Chemicals & Pharmaceuticals and Others) and Regional Forecast, 2020-2032

The global filling machine market size was valued USD 5.23 billion in 2019 and is projected to reach USD 8.37 billion by 2032, exhibiting a CAGR of 3.2% during the forecast period. The Asia Pacific dominated the filling machine market with a share of 33.08% in 2019. The market growth is driven by factors such as, rising demand for packaged products, technological advancements, and increasing automation. Also growing industries and focus on production efficiency contribute to market expansion.

These machines are used to fill several eatery and other personal care products in the food and beverage, as well as chemical and pharmaceutical sectors. The rising industrial development and purchasing power parity across the developing countries is anticipated to augment this market. For instance, the South Asia region accounted for USD 7,084.5 and East Asia Pacific valued USD 19,329.8 of purchasing power parity in 2018. Moreover, stringent government rules across the food and beverage and other associated industries are convincing the filling equipment manufacturers to opt for standard machines and filling processes to maintain hygiene and quality of the product.

LATEST TRENDS

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Emergence of Automation and Robotics in Filling Machine is a Prominent Trend

Automated machinery increases the satisfaction for higher levels of safety, productivity, and functionality. They increase throughput by minimizing the required manual operation and enhance flexibility of the machinery, thereby offering easy packaging changes while operating the machine. Automation helps to trace the ongoing operation and detects flaws through machine-to-machine communication and software that is connected to the machinery in the factory to the enterprise level. Robotics is becoming a primary automated variant for processing and packaging applications. The usage of robotics has significantly increased over the last decade in the packaging industry, mainly for pick and place applications. According to the International Federation of Robotics (IFR), in the year 2019, the incorporation of robotics in the packaging sector showed 15% of annual growth. Implementation of robotics minimizes scrap and waste material by providing higher throughput rate, greater precision, and consistency, hence becoming a key market trend.

DRIVING FACTORS

Increasing Consumer Driven Product Variation is Driving the Market

The key manufacturers in the filling machines market are opting for innovative techniques to offer products according to the customers’ preferences. Customers across the world are changing their preferences to the easily available and small portion of products. Right from personal care products and cosmetics, to food and beverage products, customers prefer hygienic and quality products that are travel friendly with packaging in portion size. Many key packaging brands are diversifying their product portfolio by modifying the packaging formats, thus aiming to satisfy the demand of their diversified customer base. Growing health consciousness owing to the busy lifestyles is driving the demand for convenience and single portion food products, resulting in the adoption of advanced filling machine. Henceforth, the key market brands would tend towards offering small portion and hygienic packaged products to their customers, thus driving the market globally.

Rising Adoption of Standardization and Modularity Techniques to Uplift Growth

Standardization and modularity play an important role in the packaging industry as they help to set a specific standard packaging process with numerous applications. Several multinational filling equipment manufacturers are following the stringent government regulations and adopting standardized machinery in the packaging plants. Such machineries offer low price and rational purchasing activity to the end-users and simultaneously achieve the safety standards set by the government on a global scale. In the current market scenario, the end-users of filling machinery are looking forward to a multi-function machine that can offer molding, filling, sealing, and labeling processes. This trend is expected to witness an increase in throughput of the key market players, henceforth becoming a major driving factor for this global market.

RESTRAINING FACTORS

High Capital and Maintenance Cost to Hinder Growth Globally

Setting up the packaging industry requires high capital investments due to the high prices of the machineries. As most of the packaging companies are adopting modular filling equipment that offers sealing and labeling simultaneously, the overall maintenance cost would hike exponentially, thus restraining the market growth. Initial purchasing cost of this machine depends on the size and the number of operations that will be offered by the equipment. As per the secondary study, the average cost of smaller filling machine in the United States ranges from USD 1,500 to USD 2,500, wherein the larger machines cost USD 8,000 to USD 100,000. Due to the recent outbreak of COVID-19, packaging industries are facing severe economic issues for maintaining these machines, wherein startup companies are restricted in purchasing these machines owing to the high capital investments. It would thus hamper the filling machine market growth.

SEGMENTATION

By Type Analysis

Liquid Filling Segment to Hold Highest Market Share in the Forecast Period

On the basis of type, the global market is segmented into liquid filling, solid filling, powder filling, and others.

The liquid filling segment is anticipated to hold the highest market share owing to the large amount of liquid product manufacturing in industrial sectors such as beverages, chemicals, pharmaceutical drugs, cosmetic products, and many more. Beverages, milk, cosmetics, personal care products, liquid medicines, and chemicals are packed into several types of attractive packaging solutions that are anti-corrosive, offering safe and hygienic products.

The solid filling segment is projected to exhibit progressive market growth due to large amount of production of food items. Increasing population rate across the world and changing lifestyles are raising the demand for convenience food products.

The powder filling segment is expected to depict stagnant growth due to limited consumption of powdered food products, chemicals, or personal care products. The others segment is likely to show steady growth due to limitations in semi-solid substance filling process and their need for safety products such as medical vials, syringes, and capsules.

By Application Analysis

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Food Products Segment to Showcase Highest Growth Rate in the Near Future

By application, the market is categorized into food products, beverages, chemicals and pharmaceuticals, and others.

The food products segment is anticipated to show exponential growth rate owing to the rising consumption of convenience food products. Changing lifestyles and work culture across the globe have initiated the requirement of safe, hygienic, and healthy ready-to-eat meals, thus increasing the demand for packaged food products.

The beverages segment is expected to show progressive growth as the need for packaged beverages and pasteurized milk is rising in the developed as well as in the developing countries due to an increase in the ratio of working people. Many people in the developed countries consume packaged distilled water with added minerals, thereby augmenting the demand for packaged beverages.

The chemicals and pharmaceuticals segment have exhibited moderate growth as it is a primary need to pack the chemicals and pharma drugs appropriately. These products need to be packed into anti-corrosive packaging material and the process is being carried out since decades with utmost care, leading to minimal market share. Furthermore, the others segment consists of personal care products that is likely to depict steady market growth owing to moderate demand for cosmetics and other personal care products.

REGIONAL INSIGHTS

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The rising consumption of packaged distilled water in the East Asian countries market including China, Japan, South Korea, and many more is expected to attribute to this market growth in the coming years. Developing countries such as China and India have the highest ratio of population growth with the rising number of working population. This directly impacts the consumption rate of packaged food products and other personal care products across the region, thus exhibiting the highest growth rate. According to the United Nations Population Fund (UNFPA), Asia Pacific constitutes 60% of the total world’s population. Nearly 4.3 billion of people come from the world’s most populated countries, namely, China and India. Therefore, in the current scenario of COVID-19, the consecutive demand for packaged products is expected to portray steady growth across the region.

The Middle East and Africa filling machine market is expected to show progressive growth owing to the ongoing development projects carried out by the government. The Saudi Vision 2030 is focusing over the development of education, infrastructure, tourism, and recreation sectors, thereby leading to an increase in the demand for safe and healthy packaged products. Development in several sectors inclines the customer preferences towards hygienic food, beverage, and other personal care products, thus enhancing the demand for this machine across these developed regions. As per the World Tourism Organization (WTO), the Middle East and North Africa welcomed around 87 million international tourists in 2018 and earned USD 77 billion from the international tourism.

Furthermore, the demand for tourism in Europe is expected to decline in the near future owing to the impacts of the COVID-19 pandemic. The economy of several European countries is maintained by their tourism activities which also increases the demand for convenience products to cater to the needs of the international tourists. Additionally, COVID-19 would result in the negative impact over the North American economy as well. As per the United States National Restaurant Association, it was projected that the restaurant industry’s sales in 2020 would hike up to USD 899 billion. Thus, it would lead to moderate market growth for the packaged products with average demand for these machines. According to the World Economic Forum, dairy farmers in the United States are facing issues and dumping the produced milk, leading to a downfall in the dairy packaging sector. It would affect the demand for filling machine in the coming years.

Moreover, the market in Latin America is projected to depict steady growth owing to the stable demand for packaged products. Owing to the health concerns related to COVID-19, the consumption rate of packaged products is decreasing, thus resulting in financial vulnerabilities and limited demand for these machines across the region.

KEY INDUSTRY PLAYERS

Syntegon Technology, GEA Group, and JBT Corporation Opts for Product Variants to Serve the Changing Customer Preferences Globally

The key market players such as GEA Group, Syntegon Technology (Bosch Packaging Technology) and JBT Corporation are following standardization regulations led by the governments to offer customer driven product variations. These organizations are opting for small portion packaging of food products, beverages, cosmetics, and many more to cater to their global customer base by maintaining their market position. GEA filling machine have an automatic foaming and cleaning system to ensure high hygiene standards, thus enhancing the product quality.

List of Key Companies Profiled:

• Syntegon Technology GmbH (Bosch Packaging Technology) (Waiblingen, Germany)


• GEA Group Aktiengesellschaft (Dusseldorf, Germany)


• JBT Corporation (Illinois, United States)


• Tetra Laval (Pully, Switzerland)


• KHS GmbH (Dortmund, Germany)


• Krones AG (Neutraubling, Germany)


• Coesia Group SpA (Bologna, Italy)


• Ave Technologies (Venice, Italy)


• Ronchi Mario S.p.A. (Milan, Italy)


• Barry-Wehmiller (Missouri, United States)

KEY INDUSTRY DEVELOPMENTS:

• August 2019: GEA Group launched its redesigned high-speed Twin Tube packaging machine at PACK EXPO in Las Vegas, 2019. The Smartpacker Twin Tube filling machine promotes flexible and automated packaging solutions.


• May 2019: JBT Corporation launched the AsepFlex filler to offer travel-friendly and hygienic pouch packaging for sport drinks, infant nutrition products, and on-the-go breakfast healthy drinks. This filling machine is also equipped with nitrogen dosing system to reduce the oxygen level in the pouch, thus minimizing the oxidation and increasing the shelf life of the product

REPORT COVERAGE

The filling machine market report offers an elaborative depth analysis of numerous factors affecting this global market. These include opportunities, growth drivers, threats, key industry developments, and restraints. In addition to this, it further helps in analyzing, segmenting, and defining the market based on different market segments such as type and applications. It strategically examines several strategies such as product type innovations, mergers, alliances, joint ventures, and acquisitions adopted by key players to gain a competitive edge in the market and attract high market revenue in the forecast duration.

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