Exceeding Demands And Surpassing Needs In The Filling-Equipment Market

By Isaac Fletcher, contributing writer, Food Online

With the growing demand for packaged goods accompanied by manufacturers’ need to minimize production and operating costs, the market for food-filling equipment is expected to demonstrate healthy growth — exceeding $8 billion — over the next five years

By 2019, the value of the global-market for filling equipment is expected to exceed $8 billion. The filling of packaged products is a critical part of the packaging industry, and filling equipment and technology have evolved to meet the growing demand for improved production efficiency, cost minimization, and creative packaging.

The filling-equipment market is segmented into five categories: rotary fillers, volumetric fillers, aseptic fillers, net weight fillers, and various others based upon their functional technology and purpose. These segments are further broken down based on processing type such as manual, semiautomatic, and manual. Finally they are broken down by product type such as solid, semisolid, and liquid.

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Filling equipment is used extensively in food and beverage applications, and market growth is being driven by the development of new filling technology, rising demand for packaged food, and shifts in consumer lifestyles and preferences. Other significant drivers include advancements in automation and robotics within the processing industry and a shift toward smaller packs and single-serve portions. One of the primary restraints affecting the market is the rising costs of power and energy. However, this restraint creates opportunity for the development of energy-saving filling equipment to provide food manufacturers with extra cost-savings.

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Key regions for the filling equipment market are North America, Europe, Latin America, and the Asia-Pacific, with the Asia-Pacific holding the largest share of the global market in 2013. The filling equipment market is fragmented, with the leading companies driving market growth with new product launches and innovations. Some of the major players in the market are Accutek Packaging Equipment, Bosch Packaging Technology, Coesia Group, JBT Corporation, and Krones Group. New product launches are emerging as the key development strategy among market leaders.