Global Automatic Liquid Filling Market - By Liquid Categories (Consumable Liquids, Drugs or Chemicals or Cosmetics, Industrial Liquids), Type (Aseptic Fillers, Rotary Fillers, Volumetric Fillers, Net Weigh Fillers, Piston Fillers), Industry, Geography, Trends, Forecast - (2017 - 2022)
The Global Automatic Liquid Filling market is valued at USD 2071.32 billion in 2016 and is expected to reach a value of USD 2636.03 billion by the end of 2022, growing at a projected CAGR of 4.1% during the forecast period of 2017 – 2022. The increasing demand for packaged liquid products creates potential for liquid filling solutions. Modern packaging techniques make it possible to pack liquids with almost all kinds of chemical composition and viscosity. Functional expectation of a brand owner are logistical benefits, easy pouring and drinking experience for customers and differentiated opening techniques for aged consumers, for this there is continuous innovation in the packaging techniques. Other than beverages, chemicals and industrial liquids are also highly demanded due to their varied function. These highly demanded liquids require an efficient filling and packaging solutions for better transportation & storage. Traditional and the most convenient way to pack liquid is bottles, but it has certain negative factors such as high rate of breakage, inconvenience in returning, high logistics payload, etc. due to which companies have been shifting over more efficient packaging such as pouch & PET bottles. The traditional filling machines used by brand owners are rigid and dysfunctional because of their operating costs and complexities. Companies are continuously undergoing various business reengineering practices to optimize their working efficiency and reduce operating costs so as to increase the profit margins. There is a demand for flexible filling solutions which can adapt to the changing packaging requirements without incurring much of the costs, to varied filling needs such as volume, speed and type of container. Europe, North America & regions with a high population in Asia-Pacific contains the maximum potential for liquid filling solutions. DRIVERS The factors driving the growth of the automatic liquid filling market are increased consumption of packaged liquids, focus on precision, speed and versatility in liquid filling and requirement for prolonged storage, i.e. increased shelf life. RESTRAINTS High initial investments and training the company personnel to operate these machines are few drawbacks of the automatic liquid filling market. WHAT THE REPORT OFFERS Global automatic liquid filling market overview with information on drivers and restraints. In-depth automatic liquid filling market analysis and its applications in the industry. Identification of factors responsible for changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale. Extensively researched competitive landscape with profiles of major companies along with their market share. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.