Market Size of Semi-Automatic and Manual Filling Equipment Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Semi-Automatic & Manual Filling Equipment Market Analysis
The semi-automatic and manual filling equipment market is expected to grow at a CAGR of 4.5% over the forecast period (2021-2026). With the increase in the requirement for optimizing the assembly line process and to increase efficiency, the trend towards automatic filling machine is helping in lowering the assembly line process, by minimizing human errors, as the process is being operated with the help of computers. In the automatic machines, the inline fillers which are equipped with a sensor count the bottles or containers and are fully equipped with more powerful and modern PLCs. These machines provide the capability to control the packing line, display the tank levels, operate product valves and pumps, have mechanized adjustments and even offer maintenance and troubleshooting checklists.
- The growing demand for filling equipment in the liquid food sector drives the market. According to the FAO( Food & Agriculture Organization of the United Nations), the dairy product demand in the developed and developing countries has been increasing for the past few years particularly in the North American region and the growing demand for fruit juice worldwide rose to 35 billion liters in 2017 which has also been crucial to the market growth.
- Also according to Canadean limited, in 2018 North America showed the highest consumption per capita per liter of fruit juice which is 22.7 and Western Europe with 18.9. This drives the growth of these liquid packaging by which the demand for mostly semi-automatic filling equipment increases in these regions.
- The growing demand to treat chronic diseases that requires continuous vaccination drives the market. Chronic diseases are the primary causes of death and disability globally. Disease rates from these conditions are accelerating globally, advancing across every region and pervading all socioeconomic classes. According to WHO, the estimated cases for chronic disease may reach around 60% globally. As the vaccines for such cases are available in pre-filled syringes form, its increased consumption is expected to boost the market growth.
- High maintenance costs for filling equipment restraints the growth of the market. These machines have a high failure rate and high corrective maintenance cost which deliberately slows down the production rate.
