According to our latest market study on “Filling Equipment Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Process (Manual, Semi-Automatic, and Automatic), Product (Solid, Semi-Solid, Liquid, and Powder), and End-user (Food & Beverage, Pharmaceutical, Cosmetic, and Others),” the 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 report highlights the key factors driving the market growth and prominent players with their developments in the market.
The research report provides a big picture on “Filling Equipment market” 2027, on a global basis, offering a forecast and statistic in terms of revenue during the forecast period. This report covers detailed segmentation, complete R & D history, and explanatory analysis including the latest news. Furthermore, the study explains the future opportunities and a sketch of key players involved in the “Filling Equipment hike in terms of revenue.
Moreover, this Filling Equipment Market report analyses the common market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which lends a hand to businesses on deciding upon several strategies.
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The fast-moving consumer goods (FMCG) industry is growing at an exponential rate in developed and developing economies owing to the continuous emergence of new players and an increase in the clientele of established players. FMCG industry offers various frequently purchased consumer products such as cosmetics, soap, shaving products, teeth cleaning products, and toiletries., an increase in the number of FMCG product manufacturers across the globe generates substantial demand for packaging and filling technologies, which fuels the growth of the filling equipment market.
Filling Equipment market – key companies profiled
- Accutek Packaging Equipment Company, Inc.
- COESIA S.p.A.
- GEA Group AG
- JBT Corporation
- KHS GmbH
- Krones AG
- Ronchi Mario S.p.A.
- Scholle IPN
- Tetra Laval International S.A.
A product can be packed in various types of containers such as pouch, bottle, or can, and filling machines utilize different containers based on the product. The demand for small-size food and beverage packs—that are easy to handle and carry—is increasing with changing lifestyles, which eventually propels the need for advanced filling equipment in the manufacturing sector. The filling machine plays a significant role in the assembly line system that decides the flow of entire process and facilitates the rapid filling of products in solid, powder, or liquid form. The machine also maintains the accuracy of weight and volume of a product. Hence, the increasing production of FMCG products is fueling the growth of the filling equipment market.
China Continues to Dominate the Global Filling Equipment Market
The food & beverage sector in China is witnessing high growth and attracting several global investors. As per China Brief, the rising awareness about the consumption of healthy food among Chinese population is supporting the growth of filling equipment market in the country. Furthermore, the China Food and Drug Administration (CFDA) is encouraging restructuring packaging requirements and drug innovation in the country by revising patent regulations and enhancing data protection policies. It is also revamping its drug regulatory system to propel the R&D in the introduction of new treatments. Such initiatives are expected to create opportunities for international and local drug manufacturing companies, which would drive the growth of filling equipment market during the forecast period.
This report will help you determine and analyze your portfolio of key market players with information such as company profile, components and services offered, financial information from the past three years, and key developments it helps you to develop a strategy to gain a competitive edge in the past 5 years. The market payers from Filling Equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for Filling Equipment in the global market.
The report segments the global filling equipment market as follows:
- Flow Meter
- Food & Beverage
- North America
- Asia Pacific (APAC)
- Middle East and Africa (MEA)
- South America (SAM)
Why to buy this report?
This report provides a thorough analysis of the Filling Equipment market through detailed research on a variety of topics to help players build strong growth strategies and strong presence in the industry. Readers will also be informed of the important sustainability strategies adopted by leading companies when operating in the Filling Equipment market. The analyst also thoroughly evaluated the impact of these strategies on market growth and competition.
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This report provides a detailed overview of the industry, including qualitative and quantitative information. It provides an overview and forecast of the Filling Equipment market based on products and applications. This report evaluates market dynamics affecting the market during the forecast period, namely drivers, margins, opportunities and future trends, and provides a thorough pest analysis for all five regions.
Filling Equipment Market Table of Contents:
Chapter 1 Industry Overview
Chapter 2 Major Segmentation Classification, Application And Etc. Analysis
Chapter 3 Production Market Analysis
Chapter 4 Sales Market Analysis
Chapter 5 Consumption Market Analysis
Chapter 6 Production, Sales And Consumption Market Comparison Analysis
Chapter 7 Competition Analysis By Players
Chapter 8 Marketing Channel Analysis
Chapter 9 New Project Investment Feasibility Analysis
Chapter 10 Industrial Chain, Sourcing Strategy And Downstream Buyers
Chapter 11 Marketing Strategy Analysis, Distributors/Traders
Chapter 12 Global And Regional Market Forecast
Chapter 14 Market Dynamics
Chapter 15 Market Effect Factors Analysis
Chapter 16 Conclusions
, Reportedtimes, iCN Internal Distribution, Research Newswire, English