Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 578.2 Million | USD 2107.24 Million | 13.8% | 2023 |
According to the report published by Zion Market Research, the global Volumetric Filling Lines market was valued at USD 578.2 Million in 2023 and is predicted to reach USD 2107.24 Million by the end of 2032. The market is expected to grow with a CAGR of 13.8% during the forecast period. The report analyzes the global Volumetric Filling Lines Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Volumetric Filling Lines market.
Volumetric filling lines are machines that have vertical form fill seal packaging and are used to dispense dry or semi-liquid products, which are later packed in cups, jars, bags, pouches, bottles, and so on. There is an increased preference for the single-serve pack, which increases the demand for the volumetric filling lines.
The MPF volumetric fillers are used for the packaging of the ready meals and thus being used increasingly in the food industry. The system was designed with food processors in mind. It has a compact design.
The global market for volumetric filling lines is fragmented into its technology type, packaging type, and end-user industry.
Based on the type of technology, the global market is segregated into manual, semi-automatic, and automatic.
Based on the type of packaging, the market is categorized into bottles & ampoules, cups & traps, bags & pouches, and others.
Based on the end-user industry, the market is divided into food, pharmaceuticals, healthcare, beverages, chemicals, personal care & cosmetics, and others.
The increasing demand for high-speed volumetric filling machines has contributed to the growth of the volumetric filling line market. Owing to factors such as the advancements that are made in the packaging sector and the rise in the inclination towards convenient packaging, the preference has gradually shifted towards volumetric filling lines. In recent years, there has been an increased preference for the use of aseptic packaging such as bags, aseptic pouches, and others, thus contributing to the growth of the market. Additionally, owing to the increased speed and flexibility of the machines, the demand for volumetric filling lines has increased as it is a cost-effective solution.
The increased use of volumetric filling lines in the packaging of the stand-up pouches and the increased market share of flexible packaging have created a positive impact on the market. The factor that will hamper the growth of the volumetric filling lines market is that it doesn’t have the ability to remove the trapped air from the pouches.
Report Attributes | Report Details |
---|---|
Report Name | Volumetric Filling Lines Market |
Market Size in 2023 | USD 578.2 Million |
Market Forecast in 2032 | USD 2107.24 Million |
Growth Rate | CAGR of 13.8% |
Number of Pages | 199 |
Key Companies Covered | Gemini Techniek B.V., Gebo Cermex, Guangzhou Tech-Long Packaging Machinery Co., Ltd., Cozzoli Machine Company, KHS GmbH., IMA Industria Macchine Automatiche SpA, Krones AG, KWT Machine Systems Co., Ltd., and others |
Segments Covered | By technology type, By packaging type, By end-user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The region that is and will be dominating the volumetric filling lines market is North America. The market in North America is mature and there are many opportunities for the packaging machinery industry. Asia Pacific is the region that ranks second on the volumetric filling lines market, and Europe is in third place. The market is growing at a rapid rate in these regions. Owing to the favorable development of the packaging industry, the market is witnessing moderate growth in the Middle East, Africa, and the Latin American regions.
The key market players that are involved in the volumetric filling lines market include
By Technology
By Packaging
By End-User Industry
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