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The global canning equipment market is witnessing significant growth owing to increasing demand for processed and packaged food across developing as well as developed economies, which enhances the demand for such machines from the food & beverages and cosmetics sectors to fuel the growth of the market during the forecast period.
Rising Demand for Processed and Packaged Foods to Drive Market Growth
With rising standards of living and modern lifestyles becoming increasingly fast-paced, consumers prioritize convenience, which drives the demand for packaged and processed foods, which subsequently uplifts the demand for canning equipment to fuel the growth of the market.
High Capital Investment and Maintenance Costs to Restrict Market Growth
The cost of adopting advanced canning equipment, such as automated filling lines, retorts, and labeling machines, can be substantial, particularly for small to medium-sized enterprises (SMEs). Additionally, it requires periodic and annual installation, training, and maintenance costs.
Technological Advancements in Canning Equipment to Contribute Positively to Market Growth
Integration of IoT and industrial 4.0 practices implemented among various industrial sectors such as food & beverage, chemical, and agricultural sectors. Moreover, several key players bring AI and IoT into these products for real-time monitoring and provide predictive maintenance, which can enhance efficiency and reduce downtime.
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By Product Type |
By Canning Capacity |
By Mode of Operation |
By End User |
By Geography |
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The report covers the following key insights:
By product type, the market is segmented into canners, filling machine, sealing machine, labelling machine, and packaging machine.
The filling machine segment is projected to rise at significant growth, owing to the demand for high-speed, precise, and automated filling machines is high, especially in industries such as food and beverages where accuracy in filling is essential to maintain product quality and consistency.
By canning capacity, the market is segmented into up to 100 cans per hour, between 100-150 cans per hour, 500-1000 cans per hour, and more than 1000 cans per hour.
More than 1000 cans per hour machine accounts for the largest market share as this segment caters to large-scale industrial plants and multinational corporations that require highly efficient, powerful, flexible, and reliable canning solutions to fulfill the demand of mass production across the globe.
By mode of operation, the market is segmented into automatic and manual.
The automatic machine segment shows significant growth, owing to major players focusing on introducing new automated equipment, which reduces reliance on human labor, lowers overall operational cost, and is able to produce large-scale beverages.
Based on end user, the market is segmented into food & beverage, agriculture, pharmaceutical, cosmetics, and others (petrochemical).
The food & beverage sector dominated the market during the forecast period, owing to large consumer demand for canned food and beverages and stringent government regulations regarding high-quality canning equipment, which drive the growth of the market. In addition, the growth of the food and beverage sector across the globe enhances the demand for advanced canning equipment to bolster market growth.
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In terms of geography, the global market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
North America generated the largest market share, owing to strong growth in the food and beverage sector and rising standards of living across the U.S. and Canada, which forces the population to adopt processed and packaged foods, driving the growth of this segment.
Asia Pacific registered the highest growth rate, owing to growth in the food industry and rising urbanization, which, in turn, increased spending on processed food and packaged foods, which subsequently drove the demand for canning equipment, fueling the market growth. Increased agricultural production in countries such as China, India, and Thailand fuels the demand for canning equipment to preserve fruits, vegetables, and other produce, which fuels market growth.
The global canning equipment market is moderately consolidated, with the top 10 players holding a significant share of the market.
The report includes the profiles of the following key players:
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