Market Research Reports, Inc. has announced the addition of “Global Filling Equipment Market 2017 - 2021” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWIRE) -- 11/06/2017 -- Report forecast the global filling equipment market to grow at a CAGR of 5.32% during the period 2017-2021.
Filling equipment is widely used in the packaging of various products, particularly food and beverages. Based on the product, filling equipment is used to fill either a pouch or a bottle. Filling machines find applications in the manufacturing industry to promote quality and efficiency of the manufacturing processes. Filling equipment is used to fill plastic bags, cartons, and bottles with the precise amount of product as per the weight/volume.
The report covers the present scenario and the growth prospects of the global filling equipment market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, one driver in the market is rise in global packaging machinery market. The global packaging machinery market was valued at $40.93 billion in 2016 and is expected to reach $56.37 billion by 2021, growing at a CAGR of 6.61%. The global packaging machinery market has witnessed increased adoption due to factors like the growing applications of packaging machinery in a wide range of industries such as food and beverage, cosmetics, healthcare, and other consumer goods as well as a range of industrial sectors where packaging has become essential, owing to its increasing use in sync with the global economy.
Further, the report states that one challenge in the market is increased concerns over hygiene and safety of machinery parts. Packaging extends the shelf life and preserves the quality of products. Equipment used for beverage packaging should have features such as easy cleaning and sanitary processing. Food regularly comes in contact with various surfaces throughout the packaging line. Therefore, manufacturers prefer packaging equipment that is designed to maintain the strict hygiene standards. It is mandatory for equipment to have an auto-drain option, as residual liquids can lead to microbial growth while leftover cleaning fluids can contaminate products.
Global Filling Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global filling equipment market: Coesia, GEA Group, Krones, and Scholle IPN.
Other Prominent Vendors in the market are: Acasi, Accutek Packaging Equipment Companies, ALL-FILL, Bevcorp, Breitner, Busch Machinery, Coster Tecnologie Speciali, Cozzoli Machine Company, DS Smith, Eaton, E-PAK Machinery, Federal Mfg, FEIGE FILLING, Filamatic, FILLING EQUIPMENT, FRAMAX, IC Filling Systems, Inline Filling Systems, JBT, KHS, m+f KEG-Technik, MB Malek Brautech, Mondi, OPTIMA packaging group, PakMarkas, Robert Bosch, Ronchi Mario, Schur Star Systems, Sidel Group, Tetra Laval International, Universal Filling, and Visser Horti Systems.
Market driver
- Rise in global packaging machinery market?
- For a full, detailed list, view our report
Market challenge
- Increased concerns over hygiene and safety of machinery parts
- For a full, detailed list, view our report
Market trend
- Increasing domestic shipments of packaging machinery in US
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Spanning over 69 pages "Global Filling Equipment Market 2017 - 2021" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market segmentation by end-user, Geographical segmentation, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
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