The global filling machine market size stood at USD 5.38 billion in 2019 and is projected to reach USD 7.03 billion by 2027, exhibiting a CAGR of 3.4% during the forecast period.
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.
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.
Increasing Consumer Driven Product Variation is Driving the Market
The key manufacturers in the filing 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 machines 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.
Why Choose Us
Our company, King Machine has rich experience over the course of many years, making us the leading expert in the PET plastic packaging industry. Our seasoned, qualified expects have a diverse range of professional skills. We aim for to bring you the best quality services and professionalism.
We currently provide more than 1000 water filling lines for more than 90 countries and we are continuously expanding. Our company is dedicated to constant research in this fastest, growing market to ensure that both, we and our customers stay ahead in this industry.
King Machine as one of the leading, beverage-packing machine manufacturers has provided quality equipment and amazing service to many of our customers worldwide such as England Glen Affric Brewery,Coca-Cola, India, Kenyan Aquamist, Tanzania Sayona Jambo, Uganda Blue Wave, Venezuela Canaima etc. We strive to ensure the utmost quality in everything we do.