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The automatic filling machine market is anticipated to flourish at an average CAGR of 4.8% between 2023 and 2033. The market is expected to hold a market share of US$ 8.88 billion by 2033, while the market is likely to reach a value of US$ 5.56 billion in 2023.
These machines are gaining high traction in the market as automatic filling machines are equipment used for filling solid, semi-solid, and liquid products in holding containers such as pouches, bags, bottles, and boxes.
The packaging industry is identified to witness skyrocketing growth over the past couple of years. Amidst this expansion, the introduction of versatile packaging, like the automatic filling machines, replacing the semi-automatic filling machines by manufacturers, is capturing the attention of consumers looking for next-gen machinery. Therefore, it is anticipated that the automatic filling machine market is likely to have substantial growth over the forecast period.
What Are the Key Driving and Curbing Factors Identified in The Automatic Filling Machine Market?
It is expected that the market for automatic filling machines is likely to have considerable demand in the upcoming years due to several fueling factors. FMI also pours some light on the deterring factors identified during the analysis and provides in-depth insights into the automatic filling machines market.
Major Drivers
Growing Demand for FMCG and Pharma Products
Growth in the demand for fast-moving consumer goods and pharmaceutical products has led manufacturers to increase the speed of their lines. Hence, there is an increasing need for filling machines that enable rapid filling of the material while maintaining the accuracy of volume and weight in the containers.
Consumer Demand for Efficiency and Hygiene
It is identified that aseptic packaging continues to pick pace due to rising consumer awareness for healthy and sterile products, which is steering the manufacturers to put efforts towards aseptic filling machines.
Convenient Packaging Solution and Automation
The demand for convenient packaging of food has spawned miniaturized packing across the globe, and production line automation enables packaging solution providers to leverage ingenuity and efficiency. Therefore, achievable consistency is boosting the automatic filling machine market growth.
Key Restraints:
High Cost
It is expected that the high cost associated with automatic filling machines is likely to impede market growth. The atomization of equipment using programmable logic controllers, the use of software, and feedback systems raise the cost.
Expensive Aseptic Filling
Some of the food and beverages require aseptic filling machines that are more expensive than the other automatic filling machines available in the market.
North America Market Dynamics for Automatic Filling Machines Market
It is projected that the North American region is going to hold the highest share of the automatic filling machine market and is likely to dominate the global forum in the upcoming years. Currently, North America is accountable for 25% of the total market share of automatic filling machines. The United States itself held a market share of 20.7% in 2022.
Owing to the rise of the pharmaceutical industry in this region, automatic filling machines are highly gaining momentum due to their use in filling liquid medicine bottles, vials, capsules, and ampules.
The region has been following the process of atomization in the past few years, which has led to benefits from the reduced timeline in assembly and higher growth of the market players in North America.
Growth Outlook of Europe in the Automatic Filling Machine Market
Europe is anticipated to follow the North American market and have significant growth during the forecast period. Germany held a market share of 4.9% in 2022.
The region’s considerable share is accredited to the growing use of automatic filling machines in different industry enterprises that are reducing the use of semi-automated machines owing to ease up the process and lowering down labor costs. Additionally, favorable government policies are boosting market growth in the European regions.
Competitive Landscape
Biggies Revolutionizing the Automatic Filling Machine Market
The preference for automatic filling machines has stirred innovations in the filling machines market. High productivity and enhanced quality of process remain vital factors that need to be addressed by filling machine market players. They are indulging in mergers & acquisitions and deploying strategies to bolster the market growth for this product.
Strategy 1: Global Expansion Strategy
The manufacturers are expanding their business in the key countries of the Asia Pacific, which serve as a hub of opportunities for the filling machines market players. Technological advancement and high-quality packaging solutions are being offered by Germany. Filling machine providers such as SIG are considering collaborations with end users in the Asia Pacific, extending their supply landscape.
Strategy 2: Development and Procurement of Enhanced Automatic Filling Machines
Filling machine manufacturers have concentrated their efforts on portfolio expansion and product differentiation. As the filling machines market involves the participation of various manufacturers, emphasis on offering consumers improved products remains essential. Along with this, the transforming packaging landscape and trends shaping the packaging industry stay the focal point of manufacturers.
Recent Developments
In December 2017, GEA launched an aseptic filling machine called Fillstar CX EVO. This multi-functioning system allows the beverage industry to easily change between different types of products, from aseptic beverages to carbonated ones and vice-versa.
Bosch Packaging Technology’s filling and closing machine AFG 5000 recently received an internationally-renowned 'Red Dot Award' from the Design Zentrum Nordrhein-Westfalen in the product design category based on criterions such as formal quality, degree of innovation, ergonomics, and durability, and functionality.
Sacmi Filling S.p.A. unveiled the new Sacmi high-speed filling line, which played a critical role in the company's stand at China Brew and Beverage, a popular international brew & beverage processing technology fair in Asia (Shanghai New International Expo Centre, October 23 to 26, 2018). The new filling machines range offers high productivity, outstanding process quality, and flexibility and has been configured for an output rate of up to 72,000 bottles/hour.
Ronchi Mario S.p.A has introduced its filling machines with modern features added. The product offers flexibility, ease to use dynamic, rapid changeover, and automated cleaning/washing operations.
GEA Group Aktiengesellschaft has introduced the filler fillstar LXf, a rotary volumetric filling system for still drinks, and electronic control valves.
These insights are based on a report on
Automatic Filling Machine Market
by Future Market Insights
Source: Email/GFMM
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