Asia Pacific Bottling Line Machinery Market Size, Share & Industry Trends Analysis Report By Technology (Automatic and Semi-Automatic), By Application (Beverages, Prepared Food, Pharmaceutical), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Bottling Line Machinery Market would witness market growth of 5.0% CAGR during the forecast period (2022-2028).
Bottled water is the handiest form of water because it comes in a variety of convenient packaging that is easy to transport. These water bottles are convenient and appropriate for use on the go. Furthermore, they are widely available in retail and department shops, boosting the bottled water industry's expansion. Modern consumers are known for prioritizing convenience, and as a result, a major portion of everyday purchases consist of single grab-and-go items rather than bulk purchases. This has resulted in shelf-stable technologies and environmentally friendly bottling made of clean, renewable materials with fewer recycled materials and chemicals. To ensure that there is something for everyone, the items are constantly enhanced and reinvented. Companies are increasingly focusing on incorporating natural, low-calorie, and low-sugar components in their products, such as stevia sweeteners instead of traditional or synthetic sweeteners, as a result of rising customer health awareness.
Automatic filling machines are designed to fill a variety of container kinds and sizes, and in many situations, they can even run numerous products. Few organizations package a single product in a single container, preferring to offer a selection of items and/or containers for the end consumer. Automatic liquid fillers' adaptability allows a packager to set up one machine to operate a variety of product and container combinations.
The bottling industry in the Asia Pacific area is likely to provide lucrative growth possibilities during the projection period, owing to significant increases in demand for bottled goods in each of the region's key countries.
In the Asia Pacific region, developing countries such as India and China are witnessing changes in living standards, population expansion, and the rise of diseases caused by the drinking of contaminated water. Local markets in nations such as Japan, Indonesia, India, and Thailand have recently seen improving economic conditions. Therefore, the demand for bottled water in the region is growing rapidly, and as a result, the demand for bottling line machinery is also rising.
The use of premium items in the region is increasing as a result of expanding urbanization and modernization in emerging economies. India's weak water management system has resulted in the provision of contaminated drinking water. In addition, the Food Safety and Standards Authority of India (FSSAI) has made BIS certification mandatory for the manufacturing and marketing of packaged drinking water. All of these factors may contribute to the Asia Pacific region's bottling line machinery market growth by increasing the usage of premium bottled water.
The China market dominated the Asia Pacific Bottling Line Machinery Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $605.3 Million by 2028. The Japan market is experiencing a CAGR of 4.4% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 5.7% during (2022 - 2028).
Based on Technology, the market is segmented into Automatic and Semi-Automatic. Based on Application, the market is segmented into Beverages, Prepared Food, Pharmaceutical, Cosmetics & Personal Care, Chemical, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Tetra Laval International S.A., ProMach, Inc., Syntegon Technology GmbH, The Krones Group, KHS Group, Barry-Wehmiller Companies, Inc., Coesia S.p.A., Zhangjiagang King Machine Co., Ltd., Sacmi Imola S.C., and OPTIMA packaging group GmbH.
Scope of the Study
Market Segments Covered in the Report:
- Prepared Food
- Cosmetics & Personal Care
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Tetra Laval International S.A.
- ProMach, Inc.
- Syntegon Technology GmbH
- The Krones Group
- KHS Group
- Barry-Wehmiller Companies, Inc.
- Coesia S.p.A.
- Zhangjiagang King Machine Co., Ltd.
- Sacmi Imola S.C.
- OPTIMA packaging group GmbH
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