The Bottling Line Machinery Global Market Report 2023, provides comprehensive information on the bottling line machinery market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Bottling Line Machinery Global Market Report 2023, the market size is expected to grow from $4.77 billion in 2022 to $4.77 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of bottling line machinery is expected to reach $5.46 billion in 2027 at a compound annual growth rate (CAGR) of 3.4%.
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Technology advancements are a key trend gaining popularity in the bottling line machinery market. Automatic bottle filling technology leads the beverage industry. The beverage and soft drink industries are the most common users of automatic bottle filling machines. These machines use a conveyor belt to fill bottles, which is a cost-effective and quick method. PLCs are commonly used in automatic bottle filling equipment. In November 2021, SIG, a US-based innovation and technology leader in aseptic carton packaging, launched SIG NEO. SIG NEO is the world’s fastest filling machine for family-size carton packs. SIG NEO will assist SIG’s clients in the food and beverage industry in maximizing output and lowering expenses. Through longer production cycles, quicker cleaning times, and improved technical efficiency, it lowers the total cost of ownership.
The bottling line machinery market is segmented:
1) By Products: PET Packaging, Single-Serve Packaging, and Other Products
2) By Technology: Automatic, Semi-Automatic
3) By Application: Beverages, Prepared Food, Pharmaceuticals, Cosmetics And Personal Care, Chemicals, Other Applications
Asia-Pacific was the largest region in the bottling line machinery market in 2022.
The table of contents in TBRC’s bottling line machinery market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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