Filling Equipment Market to Grow at a CAGR of 2.4% to reach US$ 10.62 billion from 2020 to 2027
May 20, 2021
The filling equipment market was valued at US$ 8.87 billion in 2019 and is projected to reach US$ 10.62 billion by 2027; it is expected to grow at a CAGR of 2.4% from 2020 to 2027.
The food & beverage industry is growing rapidly in APAC due to the growing population, which bolsters the growth of the filling equipment market in this region. Further, rising disposable income of consumers drives the demand for packaged and processed products in emerging regions such as China and India. Moreover, sensitive, critical, and temperature-sensitive pharma products—such as drugs and vaccines among other medicated liquids—, which substantially boosts the demand for filling machines. Furthermore, health-conscious consumers are shifting toward healthy drinks—such as sugar-free liquid refreshments, organic fruit juices—owing to the growing awareness about several benefits of such products. The trend is creating need for filling equipment in the beverages processing and manufacturing industry.
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The List of Companies: ACCUTEK PACKAGING EQUIPMENT COMPANIES INC., BARRY-WEHMILLER COMPANIES, BOSCH PACKAGING TECHNOLOGY, CFT S.P.A., COESIA GROUP, GEA GROUP AG, HANGZHOU ZHONGYA MACHINERY CO., I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A., JBT CORPORATION, KHS GMBH, KRONES GROUP, OPTIMA MACHINERY CORPORATION, PRO MACH, RONCHI MARIO S.P.A., SCHOLLE PACKAGING, SERAC GROUP, SHIBUYA CORPORATION, SIDEL GROUP, SIMIK INC., SWISS CAN MACHINERY AG, TETRA LAVAL
The latest research report on the “Filling Equipment Market – Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027” provides a comprehensive assessment of the Filling Equipment market for the forecast period from 2020 to 2027, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Filling Equipment market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the Filling Equipment Market in order to help decision makers with various strategic insights and future outlook. The Filling Equipment market is expected to witness continued growth during the forecast period from 2020 to 2027.
This is a professional and in-depth study on the current state of the Filling Equipment Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Filling Equipment Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.
The report focuses on global major leading Filling Equipment Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.
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- Highlights key business priorities to assist companies realign their business strategies.
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