Latin America Filling Machine Market Size & Outlook
Latin America filling machine market, 2018-2030 (US$M)
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Latin America filling machine market highlights
- The Latin America filling machine market generated a revenue of USD 499.0 million in 2021.
- The market is expected to grow at a CAGR of 5.2% from 2022 to 2030.
- In terms of segment, volumetric was the largest revenue generating product in 2021.
- Aseptic is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 499.0 million |
| Market revenue in 2030 | USD 784.4 million |
| Growth rate | 5.2% (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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.6% of the global filling machine market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,262.5 million by 2030.
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Filling Machine Market Scope
Filling Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America filling machine market outlook
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 24.45% in 2021. Horizon Databook has segmented the Latin America filling machine market based on aseptic, rotary, net weight, volumetric covering the revenue growth of each sub-segment from 2018 to 2030.
The packaging equipment market in CSA is majorly driven by the Brazil. After economic and political crises in the region, the food and beverage industry also gets affected to a major extent, which had started recovering with considerable growth rate.
The manufacturer in North America, Europe tends to invest heavily in developing regions in order to grab a huge customer base there.
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Target buyers of Latin America filling machine market databook
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Our clientele includes a mix of filling machine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America filling machine market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America filling machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America filling machine market size, by country, 2018-2030 (US$M)
Latin America Filling Machine Market Outlook Share, 2021 & 2030 (US$M)
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