Consumer Preferences and Market Demand: Cup Filling Machines Outlook 2023-2033
The global cup filling machines market is expected to see significant growth in the coming years, driven by the increasing demand for packaged food and beverages. These machines are used to fill various types of cups with liquids, powders, and other types of products, and are widely used in the food and beverage, pharmaceutical, and cosmetic industries.
The cup filling machines market is to be worth US$ 1.7 billion in 2023. By 2033, the cups fill machines market to likely to capture a 4.6% CAGR to reach US$ 2.4 billion. In 2021, the market for cup filling machines grew rapidly, with global revenues rising 4.3% from the previous year. According to the FMI report, the revenue for cup filling machines is predicted to increase between 2022 and 2029, generating an additional potential worth US$682 Mn throughout the anticipated timeframe.
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The cup filling machines market has experienced substantial growth in recent years and shows no signs of slowing down. With the increasing demand for convenience products and ready-to-drink beverages, manufacturers are looking for efficient packaging solutions. Cup filling machines offer a viable solution by automating the filling and sealing process, minimizing human error, and maximizing production output.
Demand Upsurge in Food and Beverage Sectors.
The food & beverage packaging industry is growing modestly, as such, adoption of cup filling machines in food and beverage sectors is projected to hold voluminous share by 2029 end. Manufacturers of cup filling machines are following consumers’ preference for convenient food items.Further, rising prominence of singleton households in countries, including South Korea, and Japan, indicate the need for specific-sized packaging products.
FMI discovers notable upsurge in demand for dairy products, such as milk, yogurt, ice cream, and curd, in developing countries, despite steady consumption in western countries. The food and agriculture organization (FAO) of the United Nations reveals that worldwide milk production is expected to observe significant uptick in 2022, majorly led by India, and the US.
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Competitive Landscape
The key manufacturers of cup filling machines are trying to focus on expanding their presence and capacity by purchasing the new facility as well as collaborating with various end-use industries. Also, the key players are focusing on adopting the latest technology in the cup filling lines to attract the end-use industries.
- In November 2021, Serac group announced the expansion of its cup decontamination solution for its cup filling lines. The cup decontamination technology helps in offering an intermediate level of performance between H2O2 and UV decontamination.
- In May 2019, Paxiom Group announced the expansion by purchasing the second facility in Las Vegas, NV.
The Key Players Are-
- I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A
- R.A Jones
- Serac Group
- Paxiom Group
- Cemre Cup Filling Machines
- Barry-Wehmiller Companies
- REZPACK (UnionPack International Co., Ltd)
- AMS FILLING
- NHM Machinery
- Shikoku Kakoki Co.,Ltd.
- Spee-Dee Packaging Machinery, Inc.
- Associated Pack Tech Engineers
- Trepko Group
- Rovema North America, Inc.
- others
Cup Filling Machines Market by Category
By Technology:
- Automatic Cup Filling Machines
- Semi-automatic Cup Filling Machine
- Manual Cup Filling Machines
By Machine Type:
- Rotary Cup Filling Machines
- Linear Cup Filling Machines
By Capacity:
- Below 1000/Hr.
- 1000 to 3000/Hr.
- 3001 to 6000/Hr.
- Above 6000/Hr.
By End-use:
- Food
- Dairy Products
- Cereals & Dry Fruits
- Ready to Eat
- Jam, Sauces & Pickles
- Spices & Condiments
- Bakery & Confectionery
- Others
- Beverages
- Fruit Juices
- Alcoholic Drinks
- Others
- Others
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