Sanitizer Filling Machine Market Overview
As per latest research on Global Sanitizer Filling machine market, the demand is all set to experience substantial growth with a CAGR of around 6% and 8% during the forecast period 2021-2031.
The demand for the product has witnessed a sudden rise in 2020 due to novel corona virus outbreak and resultant demand for hand and surface disinfecting sanitizers.
What is Driving the Demand of Sanitizer Filling Machines?
Growth in sales of sanitizers is elevating the demand for sanitizer filling machines across the globe. Rising awareness towards sanitization and disinfection as a result of COVID-19 has boosted the demand for sanitizers and chemical disinfection products.
To cater this huge rise in demand sanitizer and disinfection product manufacturers have increased their production capacities, which created substantial demand for filling machines.
With the spreading awareness towards sanitization and disinfection in developing economies, demand is expected to rise exponentially form the developed as well as developing regions.
However, adverse effects of chemical ingredients used in sanitizers is acting as a restraining factor for sanitizer usage and can thus impact demand for filling machines.
Rising Awareness Towards Hygiene & Sanitization is Likely to Augment Sanitizer Filling Machine Sales
Awareness towards sanitization to prevent transmission of various transmissible diseases (such as cold, cough, fever, COVID-19, and other flu viruses) in hospitals, Institutions, commercial buildings, Residential buildings, and others is propagating at very fast pace. The global pandemic conditions have made sanitizer products ubiquitous across places.
This rising demand for sanitizers has compelled manufacturers to expand their production, processing and packaging capacities which is creating great demand for sanitizer filling machines at a significant rate.
In addition, many chemical manufactures faced losses due to preventive measures taken to control outbreak of corona virus due to discontinuity in supply chain activities, limited availability of raw materials.
To compensate the losses and leverage huge demand for sanitizers, various chemical manufacturers shifted their production lines to manufacture sanitizers which created a substantial demand for sanitizer filling machines in 2020 and 2021.
Although the spike in demand is expected to taper within a couple of years once the pandemic situation is brought under control, the long term prospects remain positive for the market.
US and China Sanitizer Filling Machines Market Outlook
US is one of largest market for chemicals and materials owing to strong presence of industries in the country. US was heavily impacted by outbreak of novel coronavirus. A huge number of American citizens were affected by the disease.
Dedicated efforts by regulatory authorities has led to growth in awareness relating to preventive measures at a very fast pace, which created substantial rise in demand for sanitizers. This in turn created substantial demand for sanitizer filling machine in the country during the forecast period.
China is one of the largest consumer of sanitizer filling machine owing to such a vast population and strong presence of chemical industry in the country. China is the most crucial choice for the manufacturers to expand. Sanitizer manufacturers in the country ramped up capacity to meet domestic as well as export demand, driving sales of filling machines.
Europe Demand Outlook for Sanitizer Filling Machine
Europe is one of the most lucrative market for these machines. Government level emphasis on the importance of sanitization and disinfection and high citizen awareness has helped boost demand.
Countries like Italy, France, UK was impacted heavily by the coronavirus outbreak. Owing to these factors Europe has substantial demand for sanitizers which attracts manufacturers to expand in the region. Manufacturers in the region have competitive advantage. They have access to various cutting edge technologies to tackle the market challenges.
Who are the Key Manufacturers and Suppliers of Sanitizer Filling Machine
Some of the leading manufacturers and suppliers include
- Q smart tech. group
- Bhagwati Pharma
- Accutek Packaging equipment companies inc.
- SB Machines
- NKP Pharma Pvt. Ltd.
- Yangzhou Meida Filling Machinery Co.,Ltd
- Filling Equipment Co. Inc.
- Clearpack Group
- King Packaging Machines
Manufacturers are focusing on research and development activities to enhance and improve machinery to cater huge demand for sanitizers.
Research and development investments from the manufacturer side are increasing to cater to the shifting demand and attract the market with new and innovative products, this will be a key strategy for the manufacturers to elevate their revenues and establish footprints. Moreover, Manufacturers are turning to long-term strategic collaborations and agreements with end-user to smoothen the fluctuations in demand.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Based on Sanitizers Form:
- Liquid Filling Machine
- Gel Filling Machine
Based on Automation:
- Semi-Automatic Machine
- Fully-Automatic Machine
Based on Region
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Germany, Italy, France,U.K., Spain, BENELUX, Russia, Nordics, Others
- East Asia
- China, Japan, South Korea
- South Asia Pacific
- India, ASEAN Countries, Oceania
- Middle East and Africa
- GCC Countries, Turkey, Northern Africa, South Africa