In 2022, the market for multi-head filling machines is projected to be worth US$ 3.8 billion. In the forecast period from 2022 to 2032, it is expected to develop exponentially at a CAGR of 5.7%, reaching US$ 7.4 billion. In the near future, the demand for multi-head filling machines is projected to increase due to the growing requirement for accurate filling in the food and beverage packaging sector. Filling bottles, pouches, bags, and other similar containers is the primary purpose of multi-head filling machines. These devices have nozzles of various sizes attached to syringes. The liquid that is to be filled determines the size and kind of nozzles.
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Market Competition
Some of the renowned companies present in the global multi-head filling machines market include
- Smurfit Kappa Group Plc,
- Tenco srl,
- PER-FIL Industries,
- Inline Filling Systems Inc., and
- TGP Packaging Private Limited among others.
Leading companies are mainly focusing on investing huge sums in the development of new manufacturing facilities to expand their businesses and cater to the high unmet needs of customers. Some of the other companies are aiming to engage in partnerships, joint ventures, new product launches, and agreements to strengthen their presence in the market.
Multi Head Filling Machines Market: Dynamics
Increasing demand for accurate filling from food & beverage packaging industry is expected to be one of the key driver for the multi head filling machines market. The rising preference for smaller pack sizes has resulted in increased demand for efficient filling solutions which has surged the demand for multi head filling machines. On the backdrop of increasing consumption of packaged goods and rising penetration of small pack sizes, the demand for multi head filling machines is expected to grow during the forecast period.
Moreover, the demand for multi head filling machines is expected to be driven by technological advancements in the filling process. With the innovations such as continuous electric monitoring and increasing automation in the filing process, multi head filling machines are expected to witness steady growth in the next decade. Manufacturers of multi head filling machines are launching innovative solutions to cater to the filling needs of different end users. For instance,
- In January 2019, Smurfit Kappa Group, one of the leading provider of packaging solutions, has launched a triple head automatic filling machine which is capable of filling up to 45 containers per minute
Automatic multi head filling machines have resulted in reducing the setup time along with increasing the accuracy and precision during filling process. Hence they are expected to gain more traction among the end use manufacturers.
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What are the Challenges Faced by the Multi-Head Filling Machines Industry?
As multi-head filling machines are automated devices, these require highly skilled workers for operating purposes. The rising labor cost in developed countries and the unavailability of skilled workers in emerging economies may hinder the multi-head filling machines market size in future years. In addition to that, increasing awareness regarding the negative impact of ready-to-eat food and carbonated beverages on an individual’s body is set to obstruct the growth.
Multi Head Filling Machines Market: Regional Outlook
Geographically, the Multi head filling machines market has been divided into seven key regions which includes North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excl. Japan (APEJ), Middle East and Africa (MEA) and Japan. Countries in the Asia Pacific region are expected to represent substantial growth opportunities for the multi head filling machines market owing to the increasing manufacturing as well as construction activities in the region.
North America followed by Western Europe is expected to create high incremental opportunities for multi head filling machines market, which can be attributed to high per capita consumption of packaged goods in the region. The overall multi head filling machines market is expected to have a positive outlook and grow at a healthy CAGR in the coming years.
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Key Segments Profiled in the Multi-Head Filling Machines Industry Survey
By Product Type:
- Liquid Filling Machine
- Paste Filling Machine
- Powder Filling Machine
- Granular Filling Machine
By Filler Type:
- Vacuum Fillers
- Piston Fillers
- Spray Fillers
- Others
By Automation Type:
- Automatic
- Semi-automatic
By End Use:
- Food & Beverages
- Cosmetics & Personal Care
- Pharmaceuticals
- Chemical & Lubricants
- Others (Manufacturing, Industrial packaging etc.)
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