The global volumetric filing lines market is projected to have a rapid-paced CAGR of 3.9% during the forecast period. The current valuation of the market is US$ 19,407.92 million in 2022. The market value of the volumetric filing lines market is anticipated to reach a high of US$ 28,453.42 million by the year 2032. Total sales of volumetric filing lines are expected to grow 1.6 times during the forecast period, as per the analysis of FMI.
| Report Attribute | Details |
|---|---|
| Volumetric Filing Lines Market Value (2022) | US$ 19,407.92 Million |
| Volumetric Filing Lines Market Anticipated Value (2032) | US$ 28,453.42 Million |
| Volumetric Filing Lines Projected Growth Rate (2022 to 2032) | 3.9% |
The volumetric filing lines are gaining rapid traction, and an unprecedented surge has been witnessed in the sale of this product owing to its increased usage in the food and beverages industry and several other industry verticals like pharmaceuticals, chemicals, and others. They are in tandem with end-use industry demands for ease of maintenance and good performance.
The expert analysts at Future Market Insights have revealed that the global volumetric fillng lines market is extremely fragmented and competitive. Key players use a variety of marketing techniques, including mergers & acquisitions, expansions, collaborations, and partnerships.
Leading organizations also use new product creation as a strategic way to expand their market presence among customers. Advanced volumetric filing lines have been incorporated as a result of these tactics.
It is anticipated while analyzing the market that there are numerous small-scale industry participants, coupled with a few multinational players, who are rigorously putting efforts into strengthening their foothold in the global market.
The strong R&D capabilities of key market players allow them to opt for industrial automation for a wide range of applications, which in turn, is projected to complement the growth of the market. The significant presence of other companies also contributes to market growth. Favorable growth of the packaging equipment industry is likely to propel the demand for volumetric filing lines and, in turn, trigger market expansion.
Additionally, the key market players are investing in the highest quality manufacturing equipment in the food processing industry for a better quality of filing and disposition. The manufacturers are making honest attempts to cater to a wide variety of industries that, includes food, dairy, cosmetics, as well as bakery industries. Therefore, it is anticipated that the global volumetric filing lines market is going to have significant growth in the upcoming years.
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In recent few years, there has been an increasing trend for conventional packaging. This trend for packaging has indirectly made a positive impact on the sales of packaging machinery across the globe. Volumetric filling lines are one of such assembly line packaging machinery which has seen a substantial growth over the forecast period 2017-2025.
Volumetric filling lines are vertical form fill seal packaging machines from which dry or semi-liquid products are dispensed and are packed in bags, cups, pouch, jar, bottle, etc. The growing preference for the single-serve pack is continuously growing the market for volumetric filling lines.
Volumetric filing lines are used in various industries such as food & beverages, pharmaceutical, personal care & cosmetics, healthcare, etc. Volumetric filing lines are also available in the automatic, semi-automatic and manual versions, which makes it easier for the user to choose as per the need.
Global volumetric filing lines market has seen a healthy growth due to increasing trend for high speed volumetric filing machines. Due to technological advancement of packaging machinery and also increase in the preference for convenience packaging of the product, the market for volumetric filing lines have seen a gradual shift in the usage.
Some of the factors which mainly contribute towards the growth of volumetric filing lines are the preference for the use of aseptic packaging solutions such as aseptic pouches, bags, etc. In addition, volumetric filing lines market is increasing due to the speed and flexibility of the machines with cost effective solutions.
Furthermore, the usage of volumetric filing lines for packaging of stand up pouches which has the highest growth and market share in flexible packaging has positively impacted the market. Moreover, volumetric filing lines have restrictions related to removing of trapped air from bags and pouches.
Principal Consultant
The global volumetric filing lines market can be divided into seven major regions which are as follows-
The market of volumetric filing lines in North America region is expected to dominate over the forecast period 2017-2025. But being a mature market for packaging machinery like volumetric filing lines, it is expected to witness lesser growth. This market for volumetric filing lines is then followed by Asia-Pacific and Europe as second and third most favourable market.
The Middle East & Africa and Latin America region are also anticipated to witness substantial growth due to the preference for packaging of goods in these regions.
Key players:
Few of the key players in the volumetric filing lines market are KHS GmbH, Gemini Techniek B.V., IMA Industria Macchine Automatiche SpA, Gebo Cermex, Krones AG, Guangzhou Tech-Long Packaging Machinery Co., Ltd., KWT Machine Systems Co., Ltd., Cozzoli Machine Company, etc.
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 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.
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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 in-depth analysis of parent market trends, macroeconomic 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.
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The global volumetric filing lines market can be segmented by the technology type, by the packaging type, and by end use industry.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Technology Type 6.2. Packaging Type 6.3. End Use Industry Type 7. Global Market Analysis and Forecast, By Technology Type 7.1. Automatic 7.2. Semi-Automatic 7.3. Manual 8. Global Market Analysis and Forecast, By Packaging Type 8.1. Cups & Traps 8.2. Bottles & Ampoules 8.3. Bags & Pouches 8.4. Others 9. Global Market Analysis and Forecast, By End Use Industry Type 9.1. Food 9.2. Beverages 9.3. Pharmaceuticals 9.4. Personal Care & Cosmetics 9.5. Healthcare 9.6. Chemical 9.7. Others 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. APEJ 10.6. Japan 10.7. Middle East & Africa 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. APEJ Sales Analysis and Forecast, by Key Segments and Countries 16. Japan Sales Analysis and Forecast, by Key Segments and Countries 17. Middle East & Africa Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Technology Type, Packaging Type, and End Use Industry Type for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. KHS GmbH 20.2. Gemini Techniek B.V. 20.3. IMA Industria Macchine Automatiche SpA 20.4. Gebo Cermex 20.5. Krones AG 20.6. Guangzhou Tech-Long Packaging Machinery Co., Ltd. 20.7. KWT Machine Systems Co., Ltd. 20.8. Cozzoli Machine Company
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Volumetric Filing Lines Market
