The global box filling machine market is projected to grow at a CAGR of 3.6% during the forecast period. This is expected to exceed US$ 104.3 million in 2022 to reach US$ 148.5 million by 2032.
Boxes have increased in popularity as a practical single-use packaging solution that increases the shelf life of industrial goods. Along with packing and storage, brand owners also employ them to improve the image of their products. The global box-filling market is expected to expand without any major setbacks over the forecast period because consumers are increasingly opting for easy packaging solutions that increase the shelf life of products. Box filling equipment is used to fill boxes with solids, semi-liquids, and liquids.
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Market Dynamics-
Two Major Drivers for Box Filling:
Box filling machine market growth is attributed to several factors, such as:
- Increase in Consumer Driven Products: To satisfy the demands of their diversified customer base, many packaging brands are diversifying their product portfolio by changing packaging formats and opting for innovative techniques. Increasing health consciousness due to busy lifestyles has led to the adoption of advanced box filling machines due to the demand for convenience and single-portion food products.
- Trends Toward Standardization & Modularity Techniques: Government regulations force multinational filling equipment manufacturers to adopt standardized machinery in packaging plants. With such machinery, end-users benefit from lower prices and rational purchasing opportunities, while simultaneously achieving the global safety standards set by the government.
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How does North America dominate the world market for box filling machines?
With 14% of the market share, North America is anticipated to play a major role in the growth of the box filling machines market globally. Due to an increase in alcohol consumption, which raises the production of filling machines, the U.S. has the largest market share and income potential in the box filling machine industry.
The box filling machine market is anticipated to profit from the significant presence of the food and beverage industry, favourable government policies, and industrial automation in the United States. Additionally, the United States is a world leader in the production and use of reusable and environmentally friendly filling equipment, which helps to fuel the economy of the nation.
The Key Players Are:
- Smurfit Kappa Group
- ABCO Automation, Inc.
- DS Smith Plc
- Technibag
- Flexifill Ltd.
- Engi-O
Key Segments Profiled in the Box filling machine market Survey
By Product Type:
- High-speed fillers
- Semi-automatic fillers
- Manual fillers
- Rotary fillers
- Custom box fillers
By Speed:
- Less than 20 boxes per minute
- 20 to 40 boxes per minute
- 40 to 60 boxes per minute
- More than 60 boxes per minute
By Application:
- Wine/Spirit filling
- Beverage filling
- Soap/Detergent filling
- Petroleum filling
By Region:
- North America
- Latin America
- The Asia Pacific
- MEA
- Europe
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