PUBLISHER: The Business Research Company | PRODUCT CODE: 1425298
PUBLISHER: The Business Research Company | PRODUCT CODE: 1425298
Bottling Line Machinery Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on bottling line machinery market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for bottling line machinery? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The bottling line machinery market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
A bottling line refers to a set of manufacturing machines that collaborate to package liquids or beverages. These lines are commonly found in beverage manufacturing plants, serving industries such as wine, soft drinks, as well as companies involved in bottling medicines and cleaning supplies. The purpose of a bottling line is to efficiently fill a product, typically a beverage, into bottles on a large scale.
The primary categories of bottling lines include PET packaging, single-serve packaging, and others. PET, or polyethylene terephthalate, is a clear, strong, and lightweight plastic widely used in the packaging of meals and beverages, particularly in convenience-sized soft drinks, juices, and water. The machinery employed in bottling lines utilizes PET packaging as a key element in its filling process. There are two main technology types in bottling lines such as automatic and semi-automatic. These lines are utilized by various industries, including beverages, prepared food, pharmaceuticals, cosmetics, personal care, chemicals, and other applications.
The bottling line machinery market research report is one of a series of new reports from The Business Research Company that provides bottling line machinery market statistics, including bottling line machinery industry's global market size, regional shares, competitors with a bottling line machinery market share, detailed bottling line machinery market segments, market trends and opportunities, and any further data you may need to thrive in the bottling line machinery industry. This bottling line machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The bottling line machinery market size has grown steadily in recent years. It will grow from $4.73 billion in 2023 to $4.89 billion in 2024 at a compound annual growth rate (CAGR) of 3.4%. The growth observed in the historic period can be attributed to the global expansion in beverage consumption, the diversification of beverage offerings, the transition to lightweight packaging, the demand for flexible production lines, market competition, and efficiency improvements, along with the evolving preferences of consumers.
The bottling line machinery market size is expected to see steady growth in the next few years. It will grow to $5.76 billion in 2028 at a compound annual growth rate (CAGR) of 4.2%. The anticipated growth in the forecast period can be attributed to the increasing demand for functional beverages, a focus on digitalization and data analytics, the shift to PET bottles and sustainable materials, the emergence of ready-to-drink (RTD) beverages, and government support and incentives. Major trends expected in the forecast period include flexible and modular machinery design, energy-efficient solutions, high-speed production lines, smart sensors, and predictive maintenance, as well as quality control and inspection systems, along with the adoption of digital twin technology.
The bottling line machinery market is set to grow, driven by the increasing popularity of beverages, particularly health-focused options made from fruits and vegetables. Consumers' heightened awareness of the health benefits of such beverages, including antioxidants, immune system support, and improved skin tone, has led to a surge in demand. Notably, during the pandemic, there was a 51% and 24% growth in consumer and business interest, respectively, regarding immune-boosting ingredients in functional drinks. This trend is propelling the growth of the bottling line machinery market.
The bottling line machinery market is anticipated to witness growth due to the increasing adoption of industrial automation. As industries embrace technology, control systems, and automation, the bottling sector stands to benefit from enhanced efficiency, quality control, cost savings, and flexibility. The trend is evident in retailers' expectations, with up to 70% of routine tasks projected to be partially or fully automated by 2025. This shift toward automation, driven by factors like labor and productivity benefits, is a key driver for the bottling line machinery market.
Technology advancements play a crucial role in shaping the bottling line machinery market. Notably, automatic bottle filling technology, utilizing conveyor belts and PLCs, is a leading trend. In November 2021, SIG launched SIG NEO, the world's fastest filling machine for family-size carton packs, showcasing the impact of technology on efficiency and cost reduction. The integration of technology, such as PLCs, contributes to the market's growth, making automatic bottle filling machines a staple in the beverage and soft drink industries.
Major companies are introducing innovations like bag-in-box filling machines to gain a competitive edge in the bottling line machinery market. This method involves filling a flexible bag with liquid, placed inside a sturdy box with a dispensing valve. In October 2022, Liquibox launched A-Series and S-Series, catering to various industry needs. The A-Series, a fully automatic filler, is ideal for high-speed filling with a compact footprint, while the semi-automatic S-Series offers affordability and efficiency. These machines respond to the demand for safer, more efficient and flexible bag-in-box filling, contributing to the growth of the bottling line machinery market.
In November 2021, Syntegon entered a strategic partnership with Bayer, marking a significant development in the bottling line machinery market. Syntegon, specializing in processing and packaging engineering, collaborates with Bayer, a multinational pharmaceutical and life sciences company. The partnership focuses on expanding the development of new continuous manufacturing processes for oral solid dosage forms. This strategic alliance reflects the industry's commitment to innovation and advancing bottling and packaging machinery technologies.
Major companies operating in the bottling line machinery market report are Krones AG, SACMI Group, Coesia SpA, GEA Group AG, Bosch Packaging Technology, KHS Group, OPTIMA packaging group GmbH, ProMach Inc., Syntegon Technology GmbH, Hiemens Bottling Machines, Sidel Group, AVE Technologies Srl, IC Filling Systems Srl, Comac Group Srl, A.B.E. Beverage Equipment Ltd., Meheen Manufacturing Inc., CFT SpA, Arol Group SpA, Sipa SpA, Barry-Wehmiller Companies Inc., Aesus Packaging Systems Inc., E-PAK Machinery Inc., Inline Filling Systems LLC, Norland International Inc., Oden Machinery Inc., Pneumatic Scale Angelus, Ska Fabricating Inc., Bepex International, Buhler Group, Erema Group, Festo SE & Co. KG
Asia-Pacific was the largest region in the bottling line machinery market in 2023. The regions covered in the bottling line machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the bottling line machinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The bottling line market consists of sales of glass, plastic, and metal bottling lines. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in bottling line machinery market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.