Filling Equipment Market Size, Share & Trends Analysis Report By Sales Type (New Machinery, Spare parts), By Process Type (Manual, Semi-automatic, Automatic, Rotary feeding system, Straight line feeding system), By Product Type (Solid, Semi-solid, Liquid), By End-User Industry (Food, Beverage, Pharmaceutical, Personal care, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030

Market Overview

The global filling equipment market size was valued at USD 18,825 million in 2021. It is expected to reach USD 27,144 million by 2030, growing at a CAGR of 4.15% during the forecast period (2022-2030).

Over time, technology has advanced dramatically. To improve productivity, developing economies use a variety of machinery every day. In various industries, filler machines are used to great advantage for these businesses. Filling equipment is used to fill a bag, pouch, or container, such as a bin or bottle with a product. Most goods are produced according to specifications, metered out in the required amounts, and packaged in bags or containers before being sold. Liquid, paste, powder, and other materials can all be filled with different filling equipment. Before packaging, filling the manufactured item in the holding container can take a long time. Filling equipment is practical for accurately and quickly filling huge quantities of containers.

The machines used to fill boxes, bags, pouches, bottles, and other holding containers with items in solid, semi-solid, and liquid forms are referred to as filling equipment. Increased demand for consumable goods has caused manufacturers to boost their production capacity. Manufacturers prefer supplying accurate, consistent, and reliable equipment to fill consumable materials or substances into holding containers like boxes, pouches, tubes, bottles, and others. This is done in anticipation of the filling equipment market expanding throughout the forecast period. The cost of the machines is high due to advanced software and high-quality components, which limits the market growth for filling equipment.

Market Dynamics

Global Filling Equipment Market Drivers

The Demand for Filling Equipment Along with FMCG and Pharmaceutical Products

In recent years, the market for filling equipment has experienced consistent expansion. The market is driven by the equipment's numerous benefits. The filling apparatus is constant and dependable. The main characteristics of filling equipment that is driving the market are high speed of production compared to old manual production; the number of boxes, pouches, bags, capsules, tubes, and other packaging that can be filled by the filling machine at a faster rate than by traditional manual filling of the products.

The filling machinery is dependable and repeatable. Depending on factors like weight, volume, level, and other measurements, this equipment consistently fills the holding device with the same amount of material. These types of equipment are also effortless for the operator to handle and feature basic controls on the panel. Even the operator only interacts with the machine a little. These reasons encourage producers in the food, beverage, cosmetic, pharmaceutical, and other industries to choose filling equipment, driving the market worldwide.

Additionally, as the world's population grows, so does the demand for FMCG, pharmaceuticals, and other consumable products. People are choosing packaged foods as a result of their increasingly hectic lifestyles. In addition, cosmetics, chemicals, tobacco, and several more things are utilized on a massive scale. With the aid of this filling equipment, containers can be filled and packed more quickly and efficiently, boosting output and profitability and resulting in the growth of the filling equipment market throughout the anticipated timeframe.

Global Filling Equipment Market Restraints

Pricey Equipment

High-tech operating software atomizes the equipment by controlling its many levers, conveyors, and motors. The filling equipment is made from various components, including motors, conveyors, and sensors, and can be more expensive because of how precisely it fills containers. Additionally, the systems utilized to run the machines may cost more due to the high quality of their components. Small-scale manufacturers may have trouble investing much money in the machinery due to the high cost of filling equipment. Additionally, the manufacturer's ability to invest in other machinery, the operation of the machines, and the production of the products are severely limited by the initial cost of the filling equipment. And so, these factors restrain the filling equipment market from expanding prosperously.

Global Filling Equipment Market Opportunities

The Growing Emphasis on Energy Efficient Equipment

Electricity is used to power the filling machinery. A variety of motors are assembled to create the machinery. One of the energy-consuming components in the filling machinery is the motor. As a result, adding a high-efficiency motor can significantly reduce the efficiency of filling equipment. For instance, Filling Equipment Co. Inc. adopted Eaton filling equipment to increase energy efficiency in its production facility that contained M-Ma Series variable frequency drives. These motors are utilized for various tasks, including driving the conveyor belt and turning the filling nozzle on and off, among other tasks.

Research is being done to create advanced motors that can be more effective than those already in use. This will effectively drive the systems while utilizing intelligent power management. The performance of the filling equipment will also enhance with the help of recyclable and sustainable materials. Therefore, such concentrated efforts on improving energy efficiency and using low-power components of the filling equipment would enhance its popularity in the machines and drive the market for the machines in the future.

Regional Analysis

The region-wise segmentation of the global filling equipment market includes North America, Europe, Asia Pacific, and LAMEA.

The Asia Pacific and Europe will prevail in the regional market

The Asia Pacific is predicted to command the regional market while advancing at a CAGR of 4.8%. China holds a large portion of the market for filling equipment. However, other developing nations like India, Indonesia, and others have been identified as having one of the fastest expanding markets due to the quick increase in FMCG product consumption. Rich Packaging, Feige Asia, and other significant players with headquarters in Asia are some market participants in the Asia-Pacific region. Asia is home to many notable companies' production facilities.

For instance, Coesia provides its customers with products and services from its production facilities and research & development centers for filling equipment in India, China, Bangkok, Malaysia, and Singapore. As a result, the presence of these big competitors in the Asia-Pacific market will make it simple to enter the market and meet a variety of client needs, which will help the filling equipment market growth throughout the projected period.

Europe is predicted to have a shareholding of USD 7,522 million, growing at a CAGR of 3.15%. In the past decade, there has been a significant increase in the consumption of consumable goods in the European market. To grow their market share, many industry participants in the filling equipment space have implemented a variety of tactics.

For instance, Krones unveiled a redesigned Modulfill HES machine in November 2018. This machine can fill and close bottles as well as discharge them. The new device offers a variety of benefits, including improved user-friendliness, safety, space savings, and hygiene. Therefore, a wide variety of filling equipment will be available to the consumer thanks to a strategy like product launch used by the producers.

Segmental Analysis

The global filling equipment market is analyzed based on the sales, process, product, end-user industry, and region.

According to the sales type, the segments are new machinery and spare parts.

The new machinery section will presumably hold the largest share, growing at a CAGR of 4.2%. The new machinery sector denotes the manufacturer's sale of new filling machinery to the client. The past few years saw that the market for FMCG, pharmaceutical, and other consumable products has grown significantly and become quite profitable. Numerous new producers of consumable goods have increased their operations. An increase in the output of their product results from business expansion. Increased production relates to packaging and filling the goods into the container. As a result, sales of new filling equipment increase as production increases.

The spare part section will hold the second-largest share. To prevent failure of the part and ensure the machine's smooth operation, spare parts are needed when a specific operational part of the filling machine breaks or when the piece needs to be replaced during regular maintenance. Increased manufacturing of consumable goods requires filling equipment to run continuously. As with any machine, there could be malfunctions that require the repair of motors, nozzles, and other parts. As a result, the spare part segment is expected to develop during the forecast period.

According to the process type, the segments are manual, semi-automatic, and automatic.

The automatic section is presumed to hold the largest share, expanding at a CAGR of 4.4%. Due to its quick and precise filling process, automatic filling equipment is in high demand in the market. Increased automated equipment installation results from rising FMCG and pharmaceutical product demand. Large industries choose automatic filling equipment, whose production rates are exceptionally high.

The semi-automatic section will hold the second-largest share. Semi-automatic filling equipment is frequently used in small and medium-sized organizations due to its inexpensive cost and minimal technical requirements. Additionally, semi-automatic machinery is particularly efficient at filling liquid, fine powder, and sticky substances. Equipment for semi-automatic filling is highly effective in the chemical, personal care, and food industries.

According to the product type, the segments are solid, semi-solid, and liquid.

The liquid section will presumably have the highest shareholding, expanding at a CAGR of 3.6%. Liquid filling equipment puts things like milk, perfume, and other things into empty containers. One of the most significant sectors in the world is the beverage industry. With the increased population, there has been a noticeable growth in the use of liquids like milk, aerated drinks, bottled water, alcoholic drinks, energy drinks, and so forth.

The solid section will have the second-largest shareholding. The machine used to fill physically solid substances or material into a container such as a bag, pouch, can, etc. is a solid type of filling equipment. Solid filling machinery fills empty containers with items such as dried fruits, powder, tablets, bread, lentils, spices, and so forth.

According to the end-user industry, the segments are food, beverage, pharmaceutical, personal care, and others.

The beverage section will presumably hold the highest revenue share, growing at a CAGR of 3.3%. There is witnessed an enormous upsurge in the use of alcoholic and non-alcoholic beverages, juices, aerated beverages, bottled water, and other beverages. For example, Coca-Cola's sales rose 5% in 2018 compared to 2017, indicating a trend of increasing consumption. As a result of rising beverage consumption and the growth of new facilities by beverage producers, filling equipment will become increasingly in demand.

The food section will hold the second-largest share. As the world's population grows, there will likely be greater demand for food. This is anticipated to significantly accelerate the growth of the food business. Over the past few decades, packaged food consumption has expanded due to rising consumer spending power.

Impact of covid-19

The automotive industry is critical to the economy's growth. However, during the second and third quarters of 2020, the COVID-19 outbreak impacted the whole automotive supply chain, affecting new car sales in FY 2020.

South America is most affected by COVID-19, with Brazil leading the way, followed by Ecuador, Chile, Peru, and Argentina. South America's government (SAM) has taken a number of steps to protect its citizens and stem the spread of COVID-19. South America is expected to have fewer export revenues as commodity prices fall and export volumes fall, particularly to China, Europe, and the United States, which are all significant trading partners. The manufacturing industry, especially automotive manufacturing, has been damaged by containment measures in various South American countries. Due to the pandemic, major automotive manufacturers have also temporarily halted manufacturing in the region as a cost-cutting move. Furthermore, the automobile disc brake industry has been significantly affected in 2020 due to a lack of raw materials and supply chain disruption.

The Automotive Brake System control module of a vehicle is meant to alert the driver with a warning light if the system fails. The module itself is rarely defective; instead, the sensors or the wiring to the sensors are frequently defective. The most typical cause of dysfunction is when the Automotive Brake System is contaminated with particles or metal shavings. There is no signal continuity when sensor wiring is destroyed. Brake fluid becomes contaminated in corrosive situations, and the hydraulic unit fails to function.

Recent Developments

• In 2022, GEA Group Aktiengesellschaft introduced the cutting-edge sensor-equipped autonomous feeding robot GEA DairyFeed 4500. The new GEA DairyFeed F4500 was created by GEA based on nearly 35 years of experience in the feeding industry. It is totally autonomous and uses cutting-edge sensor technology to minimize feed waste. This conserves resources like time, money, and money.
• In 2022, GEA Group Aktiengesellschaft provided small and medium-sized CO2 capture facilities with a high degree of adaptability, allowing clients to produce CO2 with various exhaust gas compositions, including carbonates, amines, and ammonia.