Experiencing a consistent year-on-year (Y-o-Y) growth rate of 4%, the worldwide bottle filling machines market is anticipated to reach a market value of approximately US$ 1.33 billion in 2023.
Given the increasing adoption spanning industries such as food & beverages, pharmaceuticals, oil & lubricants, and cosmetics, the global demand for bottle filling machines is expected to maintain a steady Compound Annual Growth Rate (CAGR) of 4.0% from 2023 to 2033. This growth trajectory is projected to culminate in a market valuation of US$ 1.97 billion by 2033.
Adoption of bottle filling machines allows manufacturers to fill and pack thousands of bottles within a few hours. Thus, rapid expansion of end-use industry along with growing focus towards increasing the overall productivity in these industries will continue to boost the sales of bottle filling machines during the forecast period.
Rising usage of bottles for storing and transporting various liquids and semi liquids, growing need for improving productivity across industries like food & beverage, pharmaceutical, and chemical, and advancements in bottle filling machines are some of the key factors driving demand for bottle filling machines globally.
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Key Players:
- Liquid Packaging Solutions, Inc.
- Dispense Works, Inc.
- Machinery Automation
- Preach
- Filamatic
- Acasi
- APACKS
- Co.Mac srl
- PACK’R
- KBW Packaging
- THE ADELPHI GROUP OF COMPANIES
- SP Filling Systems Ltd
- Flow Tronix
- Carbonation Techniques
Market Segmentation
By Automation:
- Manual
- Semi-automatic
- Automatic
By Operating Type:
- Less than 50 BPM
- 50 to 100 BPM
- More than 100 BPM
By End-use Industry:
- Food & Beverages
- Pharmaceutical
- Chemicals & Fertilizer
- Oils & Lubricants
- Cosmetics & Personal Care
- Homecare
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
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Competitive Landscape
Presence of a large number of local and regional players has made the bottle filling machines market fragmented and competitive in nature. Key players use a variety of strategies including new product launches, mergers & acquisitions, expansions, collaborations, and partnerships to gain an upper hand in the market.
For instance,
- In June 2022, Preach, a worldwide leader in packaging machinery solutions, acquired Reepack, one of the leading manufacturers of high-quality flexible packaging machinery. The acquisition will help the company to continue expansion in the food packaging space.
- In August 2019, Ecolean, a global producer of lightweight packaging solutions for both ambient and chilled distribution of liquid food, launched EL1+filling machines with increased capacity up to 140%
- In November 2021, SIG unveiled SIG NEO, the next generation filling technology.
- In September 2022, PACK`R opened a new facility in Singapore.
Similarly, startups like Machpack Process Machines Pvt. Ltd. are introducing quality bottle packaging machinery & process equipment to meet the requirements of various segments including pharmaceutical, ayurvedic, cosmetic, lubrication oil, edible oil, chemical and many more.
Key Takeaways from Bottle Filling Machine Market
- By operating type, automatic bottle filling machine segment is estimated to hold a market share of approximately 50% to 52% in 2022.
- Based on end-use industry, the food and beverages segment is projected to grow at 4.9% CAGR through 2032.
- The U.S. bottle filling machines market is forecast to reach US$ 320 Mn by 2032.
- With rapid expansion of end-use industries, the bottle filling machine market in India is likely to grow at 5% CAGR during the forecast period.
- Sales of bottle filling machines are slated to grow at 4.5% CAGR across China between 2022 and 2032.
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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