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.
Browse through Grand View Research’s Food Safety & Processing Industry Research Reports.
- Packaging Machinery Market – The global packaging machinery market size was estimated at USD 44.17 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2030. The key factors propelling the industry growth include the high demand for packaged foods & beverages and rising consumer spending on pharmaceuticals & personal care products.
- Artificial Intelligence Market – The global artificial intelligence market size was valued at USD 93.5 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 38.1% from 2022 to 2030. The continuous research and innovation directed by the tech giants are driving the adoption of advanced technologies in industry verticals, such as automotive, healthcare, retail, finance, and manufacturing.
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)
Bottling Line Machinery Application Outlook (Revenue, USD Million, 2017 – 2030)
- Prepared Food
- Cosmetics & Personal Care
Bottling Line Machinery Regional Outlook (Revenue, USD Million, 2017 – 2030)
- North America
- 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
- Zhangjiagang King Machine Co., Ltd
- Sacmi Imola S.C.
- Coesia S.p.A.
- Syntegon Technology GmbH
- Hiemens Bottling Machines
- Barry-Wehmiller Group, Inc.
- IC Filling Systems
- Serac Group
Order a free sample PDF of the Bottling Line Machinery Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Corporate Sales Specialist, USA
Grand View Research, Inc.
Toll Free: 1-888-202-9519
Email: [email protected]