Global Filling Equipment Market Report and Forecast 2024-2032

Global Filling Equipment Market Outlook

The global filling equipment market attained a value of about USD 20.81 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.1% to reach nearly USD 29.74 billion by 2032.          

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Rising Demand for Filling Equipment in the Cosmetics and Personal Care Industry Fuelling the Market Growth

The extensive use of filling equipment in the packaging of personal care and cosmetics products is fuelling the market growth. As diverse products require versatile nozzles for filling equipment, the demand for filling equipment with multiple nozzles is surging, which is invigorating the market growth. In addition, the increasing demand for personalised cosmetics and personal care products owing to growing skin-consciousness is further surging the adoption of filling equipment to streamline workflows, hence driving the industry growth.

As the awareness regarding the benefits of safe products is increasing, manufacturers are increasingly deploying filling equipment to automate container cleaning and enhance the safety of products. The development of advanced cosmetic products by various companies is leading to a surge in demand for multifunctional filling equipment, which is propelling the market growth. In addition, the constant evolution in the cosmetic industry to meet the evolving consumer demands is increasing the requirement for innovative filling equipment solutions to integrate products in jars, bottles, or sachets, effectively, therefore fuelling the growth of the market.

Filling Equipment: Market Segmentation

Filling equipment are machines that are equipped to fill bottles, pouches, and containers, among others, in the packaging of products. They offer enhanced accuracy, precision, and speed to boost the production of products. Moreover, the use of filling equipment boosts the durability and reliability of products, due to which they are deployed in various end use industries, such as pharmaceuticals and food and beverages.

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The major sales types of filling equipment are:

• New machinery
• Spare Parts

The market can be broadly categorised on the basis of its process types into:

• Manual
• Semi-Automatic
• Automatic

Based on product types, the market is divided into:

• Solid
• Semi-solid
• Liquid

On the basis of end user, the market is categorised into:

• Food and Beverage
• Pharmaceutical 
• Personal Care
• Chemical
• Others

The EMR report looks into the regional markets of filling equipment like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Growing Deployment of Liquid Filling Equipment in the Beverage Industry to Augment the Market Growth

The growing demand for both alcoholic and non-alcoholic beverages is aiding the market for filling equipment. The surge in demand, along with the development of diverse and innovative beverages, is increasing the deployment of liquid filling equipment to enhance efficiency and accuracy, hence augmenting the market growth. Moreover, various companies are increasingly manufacturing beverages with versatile viscosity and consistency, due to which the requirement for their efficient and swift packaging is surging. This, in turn, is escalating the deployment of liquid filling equipment to simultaneously pack multiple beverages efficiently, which is invigorating the market growth.

The development of innovative liquid filling equipment that can enable the packaging of varying products to boost the cost-effectiveness of products is expected to fuel the industry growth. Moreover, the growing demand for automatic liquid filling equipment to provide enhanced reliability and productivity while precisely measuring the content of products and detecting abnormal parameters is projected to bolster the market growth. The soaring demand for functional beverages in both developing and developed countries is expected to surge the deployment of liquid filling equipment to accelerate the production process while providing customised packaging solutions. Furthermore, advancements in nozzles of liquid filling equipment to boost their reliability, corrosion resistance, and durability is estimated to drive the market growth in upcoming years.

Key Industry Players in the Global Filling Equipment Market

The report presents a detailed analysis of the following key players in the global filling equipment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Accutek Packaging Equipment Companies, Inc.
• JBT Corporation
• Krones AG
• Ronchi Mario S.p.A
• Salzgitter AG
• Tetra Laval Corporation
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report