Bottling Line Machinery Industry Overview
The global bottling line machinery market was valued at USD 4.33 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2030.
The rising prominence of beverage products with unique tastes, colors, and textures is expected to boost the demand for botting line machinery over the forecast period. Increase in demand for healthy beverages and pharmaceuticals due to the COVID-19 pandemic had a positive impact on the growth of the market. Companies operating in the beverages and pharmaceutical industries adopted new and automated lines to meet this growing demand for their products thereby boosting machinery demand.
Gather more insights about the market drivers, restrains and growth of the Global Bottling Line Machinery Market
Growing urban population in the U.S. has influenced food preferences, which, in turn, is favoring processing packaging industry. Moreover, chemical industry players in the U.S. are keen on expanding and building capacity, creating demand for packaging. This is expected to positively impact the industry over the forecast period.
Food and beverage industry players are resorting to contract manufacturing on account of advantages such as lower upfront investment for the client, minimum storage and warehouse needs, high industry expertise, and time cost saving. Furthermore, COVID-19 pandemic had resulted in capacity constraints which are expected to be met through contract manufacturing which is expected to augment industry growth.
The pharmaceutical industry players are incorporating technology in bottling lines to reduce costs and enhance profit margins which is likely to increase the demand for bottling line machinery. Technological breakthroughs are expected to help manufacturers to produce products in novel formulations and sizes to respond to sustainability and convenience demands as trend-driven SKU proliferation intensifies.
Several new players are joining the competitive bottling line machinery industry while the existing companies are exploring new opportunities. These existing companies are developing enhanced and novel machines by integrating artificial intelligence (AI) and industry 4.0, the market is characterized by high intensity of competitive rivalry.
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Bottling Line Machinery Market Segmentation
Grand View Research has segmented the global bottling line machinery market based on technology, application, and region:
Bottling Line Machinery Technology Outlook (Revenue, USD Million, 2017 - 2030)
- Automatic
- Semi-automatic
Bottling Line Machinery Application Outlook (Revenue, USD Million, 2017 - 2030)
- Beverages
- Alcoholic
- Non-alcoholic
- Prepared Food
- Pharmaceutical
- Cosmetics Personal Care
- Chemical
- Others
Bottling Line Machinery Regional Outlook (Revenue, USD Million, 2017 - 2030)
- North America
- Europe
- Asia Pacific
- Central South America
- Middle East Africa
Key Companies profiled:
Some prominent players in the global bottling line machinery market include
- Krones AG
- KHS Group
- The Tetra Laval Group
- SMI S.p.A.
- OPTIMA packaging group GmbH
- ProMach
- Zhangjiagang King Machine Co., Ltd
- Sacmi Imola S.C.
- Coesia S.p.A.
- Syntegon Technology GmbH
- Hiemens Bottling Machines
- APACKS
- Barry-Wehmiller Group, Inc.
- IC Filling Systems
- Serac Group
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