Global Filling Machines Market Outlook (2019 to 2027) - Featuring KHS, Krones & Robert Bosch Among Others - ResearchAndMarkets.com | Business Wire

2022-06-10 19:06:00 By : Ms. Shirley Zhang

DUBLIN--(BUSINESS WIRE )--The "Filling Machines - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Filling Machines market accounted for $5.66 billion in 2019 and is expected to reach $9.65 billion by 2027 growing at a CAGR of 6.9% during the forecast period.

Growth in urbanized population and rising demand of individuals toward packaged and processed products are the major factors driving market growth. However, limited production capacity and its high cost are restraining market growth.

The Filling Machines are utilized to fill the receptacle, for example, glass containers, cans, bottles, bags, with a fixed measure of the products such as food, beauty care products, medication, and others. They are utilized for the packaging of liquids and powders with great precision and strict hygienic conditions. It is generally utilized in the food and beverage and packaging industries.

Based on application, the food and beverage industry segment is likely to have a huge demand due to rising tendency of youth toward western way of life, enormous customer base of youth in developing countries of the region. Manufacturers opt for automation and technological advancements in the process to maintain demand-supply balance. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to increasing demand for convenience food, rise in the middle-class population, high spending power, huge youth population preferring processed & packaged food, growing health awareness, and increased interest of foreign investors in the region.

5 Global Filling Machines Market, By Type

6 Global Filling Machines Market, By Operating Speed

7 Global Filling Machines Market, By Packaging Capacity

8 Global Filling Machines Market, By Mode of Operation

9 Global Filling Machines Market, By Packaging Type

10 Global Filling Machines Market, By Product

11 Global Filling Machines Market, By Application

12 Global Filling Machines Market, By Geography

12.6.5 Rest of Middle East & Africa

13.1 Agreements, Partnerships, Collaborations and Joint Ventures

For more information about this report visit https://www.researchandmarkets.com/r/o2n2lh

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900