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Bottling Line Machinery Market Highly Favorable To the Growth Rate by 2023

 



(IT-NEWSWIRE.COM, October 11, 2018 ) Bottling line machinery constitutes of production lines that are used for filling beverage into bottles in a large scale. Bottling is a primary function in the beverage industry as it supports, protects, and preserves the beverage from external environment.
Technological advancements in bottling line machinery is identified as one of the primary growth factors for this market. Vendors in bottling line machinery are investing heavily in R&D activities for developing new innovative bottling machinery for increasing the efficiency of machines. Manufacturing companies are producing more customized machinery based on specific customer groups. Moreover, the production companies are also coming up with advanced solutions such as digitalization of production, digital direct printing for beverage packaging, and 3D printing. One of the leading vendors Sidel, partnered with the Brazilian producer Algar Agro to produce the world’s lightest PET bottle for edible oil. These modern technology innovations have reduced the total weight of finished containers by about 22% and this has led to a significant reduction in the overall cost of ownership of the customer by optimizing delivery, packaging, and transportation of finished products.

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EMEA is expected to be the major revenue contributor to the bottling line machinery market throughout the forecast period. Europe is the major contributor to the market in this region. The increasing disposable income, the high standard of living in Europe, and the rising demand for beverages are propeling the demand for bottling line machinery in this region. Also, the growing demand for beverages in countries such as South Africa, the UAE, Egypt, Israel, and Morocco also drive the growth of the bottling line machinery market in the region.
Over the next five years, Expert projects that Bottling Line Machinery will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
Bosch Packaging Technology
Coesia
GEA Group
Krones
Sidel
...

This report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market. It also analyzes key emerging trends and their impact on present and future development.

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This report presents a comprehensive overview, market shares and growth opportunities of Bottling Line Machinery market by product type, application, key companies and key regions.

To calculate the market size, Expert considers value generated from the sales of the following segments:

Segmentation by product type:
PET Packaging
Single-Serve Packaging
Segmentation by application:
Glass
PET
Metal Can

We can also provide the customized separate regional or country-level reports, for the following regions:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries


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Research objectives
To study and analyze the global Bottling Line Machinery market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Bottling Line Machinery market by identifying its various subsegments.
Focuses on the key global Bottling Line Machinery players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Bottling Line Machinery with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Bottling Line Machinery submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.


Qurate Business Intelligence

Nehal Chinoy

+919881074592

nehal@qurateresearch.com

Source: EmailWire.Com

Source: EmailWire.com

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