Market revenue in 2021 | USD 3,292.0 million |
Market revenue in 2030 | USD 5,262.5 million |
Growth rate | 5.4% (CAGR from 2021 to 2030) |
Largest segment | Volumetric |
Fastest growing segment | Aseptic |
Historical data covered | 2018 - 2020 |
Base year for estimation | 2021 |
Forecast period covered | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Aseptic, Rotary, Net Weight, Volumetric |
Key market players worldwide | GEA Group AG, Krones AG, John Bean Technologies Corp, Robert Bosch Engineering & Business Solutions, Compass Inc Class A, Barry-Wehmiller Packaging Systems, Ronchi Mario, KHS Group, Accutek Packaging Equipment Inc., Tetra Laval, Coesia, Canadian Pacific |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to filling machine market will help companies and investors design strategic landscapes.
Volumetric was the largest segment with a revenue share of 23.64% in 2021. Horizon Databook has segmented the Asia Pacific filling machine market based on aseptic, rotary, net weight, volumetric covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific is one of the fastest growing economies is a prominent player in packaging equipment market majorly driven by China, India and other Asian countries. The food and beverage industry is expected to grow rapidly in Asia Pacific region.
Various factors that favor the regional market for packaging equipment are housing Index, industrial production, GDP growth rate etc. Technological advancement, industry 4.0, green manufacturing etc. trigger the market growth of the packaging industry favoring filling machine market.
Rise in middle-class population, their spending power, huge population of youth preferring processed and packaged food, health awareness, and increased interest of foreign investors in the Asia Pacific altogether favor the filling machine market in the Asia Pacific region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific filling machine market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific filling machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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