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Sack Fillers Market By Technology Type (Semi-Automatic, Automatic), By End-User (Food, Agriculture, Chemical, Fertilizer, Building and Construction, Others), By Filling capacities (Below 500 bags/hr, 500-1000 bags/hr, 1000-1500 bags/hr, More than 1500 bags/hr), By Machine Type (Horizontal Sack Fillers, Vertical Sack Fillers) – Growth, Future Prospects and Competitive Analysis,2019 - 2027

Increasing Demand from the Agriculture Sector to Ensure Rapid Growth for the Sack Fillers Market

Starting in 2018, the global sack fillers market is expected to grow at a CAGR of 6.2% from 2019 to 2027, with a market value of US$ 3.50 billion. Sack fillers are defined as the equipment that is used to fill the sacks with different products, such as sand, grains, crops, construction material, soil, and others.

One of the major factors driving the market for sack fillers is increasing demand from the agriculture sector. The agriculture sector requires these sack fillers to reduce human effort. Additionally, this equipment enables the farmer or individual to fill the sacks with the required products without any difficulty.

Moreover, the increasing trend of automatic sack-filling machines is also driving the growth of the market. The increasing demand for sack filler machines from various end-user industries such as food, chemical, construction, fertilizers, and others is also driving the market. However, while the global sack fillers market has significant potential, it may be hampered by high investment costs. This high cost is unaffordable for small manufacturers and, thus, can hurt the market's growth.

Market Synopsis

Sack Fillers with Food in its End-User Segment Maintain Market Dominance.

In 2018, the end-user segment of the overall sack fillers market was led by the food segment, which contributed to a high percentage of the market share of the total revenue generated globally. This segment is likely to grow at a significant rate of over 8% during the forecast period.

The demand for sack fillers is increasing among various food industries due to increased consumer demand. The sack fillers enable the operators to fill the sack easily as per its capacity, reducing errors and effort. These filters allow the food industry to fill the products as per demand and make it easy to move the sacks and arrange them as per capacity.

Europe Dominates the Market by Region

Europe led the sack fillers market, with a share of more than 30% due to the increased adoption of sophisticated equipment across various end-use industries. In Europe, Germany is expected to continue to dominate the market owing to the increasing inclination towards sack fillers by end-use industries.

However, the Asia-Pacific region is expected to be the fastest-growing region due to rapid urbanization. The growth of the sack fillers market in this region is due to the increasing use of sack fillers in the packaging of food, chemicals, agriculture, fertilizers, and several other products. Moreover, the expansion of several international players in this region is also fueling the growth of this market during the forecast period.

Some of the prominent players operating in the sack fillers market include Webster Griffin Ltd., Haver and Becker Company, All-Fill Incorporated, CONCETTI S.P.A., PAY PER, S.A., Fres-co System U.S.A., Inc., MONDIAL PACK S.r.l., Barry-Wehmiller Companies, WOLF Verpackungsmaschinen GmbH, Hassia-REDATRON GmbH, Statec Binder GmbH, Premier Tech Chronos, Robert Bosch Packaging Technology GmbH, Imanpack Packaging, and Inpak Systems, Inc.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027,considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The sack fillers market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global sack fillers market based on technology type, filling capacities, machine type, end-user, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

  • What was the market size of sack fillers in 2018, and what is the forecast up to 2027?
  • Which is the largest regional market for food among end-users?
  • What are the major trends followed in the sack filler market across different regions?
  • Who are the key sack filler companies leading the market?
  • What are the key strategies adopted by the leading sack filler companies in the market?

Unique data points of this report

  • Statistics on sack filler penetration worldwide
  • Recent trends across different regions in terms of the adoption of sack fillers for various industries
  • Notable developments are going on in the sack filler market.
  • Attractive investment propositions for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Frequently Asked Question:

The market for Sack Fillers Market is expected to reach USD$ 3.50 Bn in 2027.

The Sack Fillers Market is expected to see significant CAGR growth over the coming years, at 6.2% .

The report is forecasted from 2019 -2027.

The base year of this report is 2018.

MONDIAL PACK S.r.l., Barry-Wehmiller Companies, WOLF Verpackungsmaschinen GmbH, Hassia-REDATRON GmbH. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Sep 2019
Category:  Automation & Process Control
Report ID:   59895
Report Format:   PDF
Pages:   120
Rating:    4.3 (65)
Delivery Time: 24 Hours to 48 Hours   
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