The Global
Filling Equipment Market is expected to be around $10.3 billion. Some
of the key factors driving this market are technological advancements in
automation and robotics in filling industry, increasing demand for improved
filling and packaging equipment and rising demand for small food and beverage
packaging due to changing consumer preferences. However, high cost of advanced
filling equipment can hamper the growth of global filling equipment market
during the forecast period.
Type
Outlook and Trend Analysis
On the basis of type, the global
filling equipment market is segmented into volumetric fillers, rotary fillers,
net weight fillers and aseptic fillers. Different volumetric fillers such as
cup filler systems can be used to efficiently dispense a variety of
free-flowing products such as seeds, beans, rice etc., without product
degradation. Rotary fillers such as rotary valve piston filling machines can be
used to dispense thick products and products having large particulates with
better accuracy. Aseptic filling and packaging is used in conditions where
sterilization is needed to be achieved in order to prevent deterioration of
food products in terms of nutrition or flavor.
Competitive Analysis
The key strategy adopted by companies
operating in the global filling equipment market is product development and
innovation in order to introduce advanced solutions for the customers and
secure a larger share of the market. For instance, in June 2015, Tetra Pak International S.A. launched the
Tetra Pak E3 filling machine that uses electron beams for sterilizing packaging
material. The machine focuses an electron beam on the surface of the packaging
material as it passes through the filling machine, killing any micro-organisms
or bacteria present on the material. Some of the major players operating in this
market are Robert Bosch GmbH, Accutek Packaging Equipment
Companies, Inc., GEA Group, Tetra Pak International S.A., Krones AG, Scholle
IPN Corporation, Coesia S.p.A., John Bean Technologies Corporation and RONCHI
MARIO S.P.A
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Market Opportunities
The
key opportunities for the companies operating in the global filling equipment
market are driven by product innovation to derive efficient filling solutions
for dynamic environment in line with changing customer requirements. Filling
equipment offering flexibility to the customers will sustain in the market for
a longer period giving a competitive edge to the manufacturers in coming years.
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Table of Contents
1.Introduction
1.1.Report Description
1.2.Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2.Executive Summary
2.1.Key Highlights
3.Market Overview
3.1.Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2.Market Share Analysis
3.3.Market Dynamics
3.3.1. Drivers
3.3.1.1.Advancements such as Automation and Robotics in
Filling Equipment
3.3.1.2.Changing Consumer Demands
3.3.2. Restraints
3.3.2.1.High Cost of Filling Equipment Systems
3.3.3. Opportunities
3.3.3.1.Technological Innovations in Filling Equipment
3.4.Industry Trends
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