The Asia Pacific Filling Equipment Market was worth USD 1.2 billion in 2021 and estimated to be growing at a CAGR of 9.5%, to reach USD 1.89 billion by 2026. Filling equipment have various industrial applications such as bottles filling, filling fuels, powder filling, cartage filling, petrochemicals and chemicals. Filling equipment are widely used in cosmetic, pharmaceuticals, food and beverages industry. The efficiency of the companies is determined by the precision and accuracy of packaging lines.
Technological developments have opened up a new road for filling equipment. Filling is used in the series of production processes. This filling equipment are semi-automatic and manual. Semi-automatic filling equipment is partly automated and is not capable for feeding and triggering. On the other hand, manual filling equipment is robust and simple and do not depend on pneumatic and electric equipment.
Development of new filling technology, changing consumer lifestyles, Aggressive investments in research and development of advanced machinery will play a significant role in progress rate of this market. Companies will invest in machines that will promise reliability, speed, accuracy, and efficiency to meet the ever-growing demand for medicines in the coming years. Despite these strong market drivers, the market is facing tough challenges from budget cuts in the industry that is constantly battling the issue of providing affordable services and acquiring modern equipment. Owing to this, packaging companies are reducing their manufacturing costs by refurbishing old equipment. Thus, the slight dip in the new equipment purchases has created a negative sentiment in the market.
The market for Filling Equipment is categorised by Industry, Type, Process and Product. On the basis of Industry, the filling market is segmented into Food, Beverage, Pharmaceutical and Cosmetics. On the basis of Type, the market is segmented into Rotary, Volumetric, Aseptic and Net Weight. On the basis of Process, the market is segmented to Manual, Semi-Automatic and Automatic. On the basis of Product, the market is segmented to Solid, Semi-Solid and Liquid.
The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Asia Pacific is the most lucrative markets for the growth of Filling equipment market and is projected to grow the highest during the forecast period. Factors such as growing demographics and emerging economies in countries such as India and China are anticipated to lead the growth of the market in this region. The Asia-Pacific market is growing at a CAGR of 9.5% and has a share value of 16% of the Global market.
Some of the Companies dominating this market over the globe are Krones AG, Accutek Packaging Equipment Companies Inc, Robert Bosch GmbH, Bosch Packaging Technology, Coesia S.P.A., Tetra Laval Group, GEA Group AG, KHS GMBH, JBT Corporation, Ronchi Mario S.P.A. and Scholle Packaging.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Industry
5.1.1 Introduction
5.1.2 Food
5.1.3 Beverage
5.1.4 Pharmaceutical
5.1.5 Cosmetics
5.1.6 Y-o-Y Growth Analysis, By Industry
5.1.7 Market Attractiveness Analysis, By Industry
5.1.8 Market Share Analysis, By Industry
5.2 Type
5.2.1 Introduction
5.2.2 Rotary
5.2.3 Volumetric
5.2.4 Aspetic
5.2.5 Net Weight
5.2.6 Y-o-Y Growth Analysis, By Type
5.2.7 Market Attractiveness Analysis, By Type
5.2.8 Market Share Analysis, By Type
5.3 Process
5.3.1 Introduction
5.3.2 Manual
5.3.3 Semi-Automatic
5.3.4 Automatic
5.3.5 Y-o-Y Growth Analysis, By Process
5.3.6 Market Attractiveness Analysis, By Process
5.3.7 Market Share Analysis, By Process
5.4 Product
5.4.1 Introduction
5.4.2 Solid
5.4.3 Semi-solid
5.4.4 Liquid
5.4.5 Y-o-Y Growth Analysis, By Product
5.4.6 Market Attractiveness Analysis, By Product
5.4.7 Market Share Analysis, By Disease Product
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Industry
6.1.3.3 By Type
6.1.3.4 By Process
6.1.3.5 By Product
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Industry
6.1.4.3 By Type
6.1.4.4 By Process
6.1.4.5 By Product
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Industry
6.1.5.3 By Type
6.1.5.4 By Process
6.1.5.5 By Product
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Krones AG
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Accutek Packaging Equipment Companies Inc
8.3 Robert Bosch GmbH
8.4 Bosch Packaging Technology
8.5 Coesia S.P.A.
8.6 Tetra Laval Group
8.7 GEA Group AG
8.8 KHS GMBH
8.9 JBT Corporation
8.10 Ronchi Mario S.P.A.
8.11 Scholle Packaging
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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Feb 2020
