The Global Automatic Liquid Filling Market is valued at USD 2071.32 billion in 2016 and is expected to reach a value of USD 2636.03 billion by the end of 2022, growing at a projected CAGR of 4.1 % during the forecast period of 2017 – 2022. The increasing demand for packaged liquid products creates potential for liquid filling solutions. Modern packaging techniques make it possible to pack liquids with almost all kinds of chemical composition and viscosity. Functional expectation of a brand owner are logistical benefits, easy pouring and drinking experience for customers and differentiated opening techniques for aged consumers, for this there is continuous innovation in the packaging techniques.
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Other than beverages, chemicals and industrial liquids are also highly demanded due to their varied function. These highly demanded liquids require an efficient filling and packaging solutions for better transportation & storage. Traditional and the most convenient way to pack liquid is bottles, but it has certain negative factors such as high rate of breakage, inconvenience in returning, high logistics payload, etc. due to which companies have been shifting over more efficient packaging such as pouch & PET bottles.
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The traditional filling machines used by brand owners are rigid and dysfunctional because of their operating costs and complexities. Companies are continuously undergoing various business reengineering practices to optimize their working efficiency and reduce operating costs so as to increase the profit margins. There is a demand for flexible filling solutions which can adapt to the changing packaging requirements without incurring much of the costs, to varied filling needs such as volume, speed and type of container. Europe, North America & regions with a high population in Asia-Pacific contains the maximum potential for liquid filling solutions.
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DRIVERS: 1. The factors driving the growth of the automatic liquid filling market are increased
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