Machinery Equipment-Construction

Industrial Tube Filling Machines Market

Global Industry Analysis and Forecast 2023-2030

Pages : 120

Base Year : 2022

Released Year : August 2023

Format :Pdf Ppt Xls

Report ID:KR47

Author : Saket A.

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Base Year

2022

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Forecast Year

2023-2030

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Historical Years

2018-2021

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Market Value (2022)

USD 1,425.7 Million

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Forecasted Value (2030)

USD 1,953.4 Million

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CAGR (2023 - 2030)

4.11%

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Fastest Growing Region (2023 - 2030)

Asia-Pacific

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Largest Region

Asia-Pacific

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By Machine Type

Semi-Automatic Tube Filling Machines, Fully Automatic Tube Filling Machines

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By Industry

Cosmetics Industry, Pharmaceuticals Industry, Food and Beverages Industries, Chemicals Industry, Others


Industrial Tube Filling Machines Market Size

The global Industrial Tube Filling Machines Market size was valued at USD 1,425.7 million in 2022 and is projected to reach USD 1,953.4 million by 2030, growing at a CAGR of 4.11% from 2023 to 2030. Asia-Pacific market size was valued at USD 553.1 million in 2022. The global market is experiencing significant growth due to the increasing demand for convenience packaging and the rising focus on efficient and cost-effective manufacturing processes. Competition amongst key market players has resulted in strategies such as sourcing strategy and sustainable competitive advantage amongst others along with R&D in reducing production and operational costs.

As a result, it is observed that manufacturers tend to invest more in technological advancements in their production processes, including the use of tube filling machines to fill and pack various products. Integration of automation processes is anticipated to further create opportunities and set an uptrend.

Asia Pacific, North America, and Europe are the prominent regions that are contributing substantially to revenues and product development as per industry requirements. High production demand from numerous industry verticals will further propel the industrial tube filling machines market in these regions.

Analyst’s Review

The industrial tube filling machine market is poised for sustained growth in the coming years, driven by the increasing demand for convenience packaging and the focus on cost-effective manufacturing processes. Greater investment in automation is expected to create opportunities and boost market growth, particularly in the Asia Pacific, North America, and Europe regions.

Market Definition

Industrial tube filling machines play a crucial role in modern packaging operations, providing a wide range of benefits to manufacturers and consumers alike. These machines come in various types and employ different technologies to handle a wide variety of products, including liquids, solids, semi-solids, and highly viscous substances. They are designed to provide unmatched accuracy, speed, versatility, and efficiency in the packaging process, ensuring that products are filled quickly, uniformly, and with precise measurements. For industries that rely on cost-effective and time-saving packaging solutions, tube filling machines are essential production tools that can help reduce waste, improve shelf life, and increase profits. With advancements in technology, research, and development activities aimed at improving these machines' efficiency and accuracy, it is expected to see further improvements in the world of industrial tube filling machines.

Development activities aimed at improving the efficiency and accuracy of tube filling machines have increased in recent years, resulting in new technologies and innovative solutions. Increased speed of tube filling machines along with improved automation and safety features, development of flexible and ergonomic machines, and exploring new materials and configurations have enhanced the processes of tube filling machines. As a result, tube filling machines have become more efficient, accurate, and cost-effective, enabling manufacturers to improve their production capabilities and deliver high-quality products to consumers.

Industrial Tube Filling Machines Market Dynamics

The significant growth of manufacturing in industries such as pharmaceuticals, cosmetics, and food and beverages has been a major factor driving the growth of the industrial tube filling machines market. The demand for products related to these industries has increased significantly in recent years, leading to the need for greater manufacturing capacity and efficiency.

For instance, the outbreak of the COVID-19 virus surged the demand for pharmaceuticals, which in turn drove the demand for high production of pharmaceutical products due to the immense demand for pharmaceutical products during the pandemic. Similarly, with changing lifestyles and increasing awareness of self-care, the cosmetics industry is expected to boost market growth during 2023–2030. Increasing demand from other industry verticals requiring better production capacity machines is anticipated to lead to substantial growth in the industrial tube filling machines market.

However, initial costs associated with the establishment and implementation of tube filling machines are observed to be quite high, which in turn is likely to restrict the entry of new players and small and medium-sized companies. Additionally, the implementation of these technologies may require extensive training for technicians and operators, further adding to the overall cost. The high investment in these technologies may make it difficult for smaller players to compete with larger manufacturers in the market, limiting their growth. These challenges are primarily faced by market players in developing countries.

Segmentation Analysis

The global market is segmented based on machine type, industry, and geography.

By Machine Type

Based on machine type, the market is further categorized into semi-automatic and fully automatic machines. Semi-automatic machines dominated in terms of revenue generated, accounting for 61.04% of segmental revenue in 2022. Semi-automatic tube filling machines are widely used in industries that require precise and efficient packaging. These machines have the ability to fill and seal a wide range of tubes with an accuracy of up to 0.5%, making them highly desirable in the pharmaceutical, cosmetic, and food industries.

Semi-automatic tube filling machines are observed to have better affordability and ease of use, are available at a less expensive price compared to fully automatic machines, and are suitable for small and medium-scale production. Moreover, these machines are designed to be user-friendly and can be easily operated with minimal training.

However, fully automatic tube filling machines are anticipated to grow at a much faster rate of 5.08% owing to factors such as higher tube filling and squeezing capacities, handling of various products with different viscosities, and consistency. Fully automatic machines are designed to be capable of incorporating sustainable technologies. Market players in developed countries and well-established market players are observed to be shifting towards fully automatic machines due to the availability of high capital and professional, skilled labor.

By Industry

Based on industry, the industrial tube filling machines market is further categorized into cosmetics, pharmaceuticals, food & beverages, chemicals, and others. The demand and usage of these machines were dominated by the cosmetics industry in 2022 due to the exponential increase in demand for cosmetic products. Popularity and awareness of self-care are the prominent factors driving the cosmetics industry and, in turn, demand for high-production facilities.

Semi-automatic and fully automatic machines can be deployed for higher, more efficient, and sustainable production of cosmetic products. This has propelled the production rate, which in turn has contributed revenue to the market. The cosmetic industry accrued 47.26% of the market segmental share in 2022 and is estimated to observe the fastest growth during 2023–2030.

Industrial Tube Filling Machines Market Regional Analysis

Based on regional analysis, the global industrial tube filling machines market is classified into North America, Europe, Asia Pacific, MEA, and Latin America.

Industrial Tube Filling Machines Market Size & Share, By Region, 2023-2030

Asia Pacific dominated the regional share in terms of revenue, accruing 38.79% of global revenue and was valued at USD 553.1 million in 2022. The major factor driving the dominance in the region is the presence of a large number of key manufacturers across the world. China and India are two of the most prominent countries in the region with large manufacturing units. China is observed to dominate the region with the fastest-growing rate of 6.18% throughout the forecast period. The adoption of smart and advanced technology due to the presence of established infrastructure is the factor supporting the fastest growth in China.

North America accounted for the second-largest region in terms of revenue, accruing 28.58% in 2022 of the global total. Increasing awareness and eco-friendly trends are the major factors, along with the established industrial sector, that are observed to be driving the market in the region. Regulatory changes in policies regarding the utilization of biodegradable or other sustainable materials in the pharmaceutical, cosmetics, and food and beverage domains are encouraging product and efficiency developments in the region. The U.S. dominates revenue in North America by a significant margin, accounting for 75.91% in 2022 of the revenue in the region.

Competitive Landscape

The global industrial tube filling machines industry study report will provide valuable insight with an emphasis on the fragmented nature of the global market. Prominent players are focusing on several key business strategies such as partnerships, mergers and acquisitions, product innovations, and joint ventures to expand their product portfolios and increase their respective market shares across different regions. Expansion and investments involve a range of strategic initiatives, including investments in R&D activities, new manufacturing facilities, and supply chain optimization.

List of Key Companies in Industrial Tube Filling Machines Market

  • Wimcoengineering
  • ViscoTec Pumpenu. Dosiertechnik GmbH
  • Romaco Holding GmbH
  • Axomatic S.R.L.
  • Reagent Chemical
  • Dongguan Green Machinery Co., Ltd.
  • Packworld USA
  • Coesia S.p.A
  • NORDEN MACHINERY AB
  • M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A.

Key Industry Developments

  • May 2022 (Strategic Collaboration)– Norden Machinery AB and TZMO collaborated to launch new and efficient products while addressing their zero-waste policy during operations. The policy aims to ensure the sustainability of these two players while increasing the efficiency of production.

The global Industrial Tube Filling Machines Market is segmented as:

By Machine Type

  • Semi-Automatic
  • Fully Automatic

By Industry

  • Cosmetics
  • Pharmaceuticals
  • Food & Beverages
  • Chemicals
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • UK
    • Spain
    • Germany
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
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  • Check Icon Regional Market Dynamics
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  • Check Icon Historical Data Up to 5 Years
Frequently Asked Questions (FAQ's)
The global market is projected to reach USD 1,953.4 million by 2030, growing at a CAGR of 4.11% from 2023 to 2030.
The global market was valued at USD 1,425.7 million in 2022
The market is growing rapidly owing to adoption of new and smart technology and the growth of the tube filling machine market has been largely driven by increased consumer demand for eco-friendly packaging solutions to drive the market.
Top manufacturers of industrial tube filling machines are Wimcoengineering, ViscoTec Pumpenu. Dosiertechnik GmbH, M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A., Romaco Holding GmbH, Axomatic S.R.L., Reagent Chemical, NORDEN MACHINERY AB, PackworldUSA, Dongguan Green Machinery Co., Ltd., Coesia S.p.A amongst others
Asia-Pacific is the fastest growing region with the CAGR of 5.05% in the forecasted period (2023-2030) with the market value forecasted to reach at USD 810.5 million by 2030
By machine type, semi-automatic tube filling machines will hold the maximum share in the Industrial Tube Filling Machines market with the revenue value of USD 1,134.8 million by 2030.
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