Liquid Filling Machines Market: Overview, Data Updates, Reports Analysis & Forecast | FMI
The liquid filling machines market has demonstrated remarkable growth potential, with an anticipated surge to US$ 3.2 billion by 2022 and a projected CAGR of 5% up to 2032. This expansion is propelled by the machines’ compact design, high-speed filling capabilities, and advanced features like foam reduction, curbing liquid wastage. Aiding this momentum is the ongoing wave of industrialization and process automation, leading industries like food, beverages, and pharmaceuticals to adopt liquid filling machines for enhanced efficiency, reduced operational time, and minimized waste.
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The COVID-19 pandemic has cast its shadow, underscoring the resilience of the sector. The pandemic-induced lockdowns restrained industrial growth worldwide, yet it also spurred demand. Pharmaceutical firms ramped up vaccine development, augmenting the need for liquid-filling machines. Concurrently, an increased appetite for canned foods bolstered the industry.
Despite initial challenges, the liquid-filling machinery industry adapted to these demands, ultimately reflecting the sector’s adaptability and pivotal role in critical times. As global markets navigate recovery, the liquid filling machines industry stands poised to further leverage its capabilities and expand its reach.
Development of Liquid Filling Machines Market in the Asia Pacific
Rapidly expanding population and rising income levels are expected to enhance demand for packaged products in the food and beverage industry, contributing to the rise of liquid filling machines.
Furthermore, the Indian government has played an important role in the expansion and development of the food processing industry, which accounts for 32% of the country’s overall food market. The Ministry of Food Processing Industries (MoFPI) is working hard to stimulate corporate investment, and it has authorised requests for joint ventures (JV), overseas partnerships, industrial licences, and 100% export-oriented units.
According to L’Oréal, the region is also witnessing increasing demand for skin care, particularly premium items. It is encouraged by expanding consumer disposable income, the internet purchasing trend, and an increasing customer base of people interested in personal cleanliness and physical beauty.
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Key Segments Profiled in the Liquid Filling Machines Market Survey
By Automation Type:
- Automatic
- Semi-automatic
By Dosing Range:
- Up to 200 ml
- 201 to 500 ml
- 501 to 750 ml
- 751 to 1000 ml
- Above 1000 ml
By Filling Capacity:
- Up to 10 containers/min
- 11 to 20 containers/min
- 21 to 30 containers/min
- 31 to 40 containers/min
- More than 40 containers/min
By End Use:
- Food & Beverage
- Healthcare & Pharmaceuticals
- Cosmetics & Personal Care
- Homecare
- Chemicals
- Automotive
- Others