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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Volumetric Filing Lines Market Overview
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 Dynamics
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.
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Global Volumetric Filing Lines Market – Regional Overview
The global volumetric filing lines market can be divided into seven major regions which are as follows -
North America
Asia-Pacific excluding Japan
Latin America
Middle East & Africa
Eastern Europe
Japan
Western Europe
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.
Global Volumetric Filing Lines Market
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 covers exhaustive analysis on
Market Segments
Market Dynamics
Market Size
Current Trends/Issues/Challenges
Competition & Companies involved
Value Chain
The regional analysis includes
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
The Middle East and Africa (GCC, S. Africa, N. Africa)
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.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need and save 40%!
Global Volumetric Filing Lines - Market Segmentation
The global volumetric filing lines market can be segmented by the technology type, by the packaging type, and by end use industry.
On the basis of technology type, the global volumetric filing lines market is segmented into –
Automatic
Semi-Automatic
Manual
On the basis of packaging type, the global volumetric filing lines market is segmented into –
Cups & Traps
Bottles & Ampoules
Bags & Pouches
Others
On the basis of end use industry type, the global volumetric filing lines market is segmented into –
