LAMEA 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
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the LAMEA Bottling Line Machinery Market
Market Report Description
The Latin America, Middle East and Africa Bottling Line Machinery Market would witness market growth of 7.0% CAGR during the forecast period (2022-2028).
Bottling companies face obstacles such as limited floor space and machine precision, particularly in the pharmaceutical industry. However, the market expansion is projected to be aided by technological advancements. As a result, companies are adopting new liquid unit-dosing cup machines that provide precision in controlled substance packaging without sacrificing floor space. These innovative machines are being developed for small pharmaceutical companies and contract research and manufacturing firms (CDMOs).
Companies are expanding their production capacities to develop coffee capsule packaging machines since the beverage end-use segment is expected to account for a considerable share of the bottling machinery market. They want to change the way things are done by putting virtual operations in the machines. Multilane sachet packaging systems are becoming increasingly popular in the bottling machinery sector. Vertical form-fill-seal technology is being used by more companies to provide end-to-end automated bottling solutions. Companies in the bottling machinery sector are using this technology to combine and package sachets in tamper-evident cartons.
The growing diversity of products across industries such as pharmaceuticals, food & beverages, and other consumer goods will propel the regional bottling line machinery market forward. Furthermore, the region's rising e-commerce sector is offering profitable prospects for regional market players. Moreover, factors such as rising disposable income and changing consumer lifestyles are driving demand for a variety of items, boosting the bottling machinery demand over the projection period.
Over the projection period, the increased demand for easy and ready-to-eat food products would propel the regional bottling machinery market forward. Moreover, the regional market will benefit from the widespread use of modern bottling machines by manufacturers across numerous industries.
The Gulf Cooperation Council (GCC) countries in the region, such as the United Arab Emirates, have a well-established travel and tourism industry, which is resulting in the growth of the region's hospitality sector, which is raising the demand for bottled water to be served to people visiting foodservice outlets.
The Brazil market dominated the LAMEA Bottling Line Machinery Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $121.5 Million by 2028. The Argentina market is anticipated to grow at a CAGR of 7.6% during (2022 - 2028). Additionally, The UAE market would experience a CAGR of 6.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Saudi Arabia
- South Africa
- Rest of LAMEA
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
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free