Filling Containers Machinery Market

The global market for machinery used in filling, closing, sealing, capsuling, or labeling containers is expected to see steady growth from 2022 to 2030. The United States is the largest consumer of these machinery, while China leads in production and export. The market performance is forecasted to decelerate but still show positive growth in both volume and value terms. Import and export trends also indicate fluctuations throughout the years, with different countries leading in various aspects of the market.

Market Forecast

Driven by increasing demand for machinery for filling, closing, sealing, capsuling or labelling containers worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.2% for the period from 2022 to 2030, which is projected to bring the market volume to 23M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.5% for the period from 2022 to 2030, which is projected to bring the market value to $64.8B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Machinery For Filling, Closing, Sealing, Capsuling Or Labelling Containers

After two years of growth, consumption of machinery for filling, closing, sealing, capsuling or labelling containers decreased by -7.5% to 20M units in 2022. In general, the total consumption indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +61.1% against 2019 indices. Global consumption peaked at 21M units in 2021, and then fell in the following year.

The global filling containers machinery market value stood at $49.2B in 2022, surging by 9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked in 2022 and is likely to see gradual growth in years to come.

Consumption By Country

The United States (10M units) remains the largest filling containers machinery consuming country worldwide, comprising approx. 53% of total volume. Moreover, filling containers machinery consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada (3.7M units), threefold. The third position in this ranking was taken by Thailand (659K units), with a 3.4% share.

In the United States, filling containers machinery consumption expanded at an average annual rate of +5.9% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of consumption growth: Canada (+5.9% per year) and Thailand (+18.5% per year).

In value terms, Russia ($8.5B), China ($7.8B) and the United States ($4.4B) appeared to be the countries with the highest levels of market value in 2022, with a combined 42% share of the global market. Thailand, Australia and Canada lagged somewhat behind, together comprising a further 5.3%.

Among the main consuming countries, Australia, with a CAGR of +18.3%, saw the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of filling containers machinery per capita consumption was registered in Canada (96 units per 1000 persons), followed by the United States (31 units per 1000 persons), Australia (12 units per 1000 persons) and Thailand (9.4 units per 1000 persons), while the world average per capita consumption of filling containers machinery was estimated at 2.5 units per 1000 persons.

In Canada, filling containers machinery per capita consumption increased at an average annual rate of +4.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United States (+5.0% per year) and Australia (+20.3% per year).

Production

World Production of Machinery For Filling, Closing, Sealing, Capsuling Or Labelling Containers

In 2022, production of machinery for filling, closing, sealing, capsuling or labelling containers increased by 3.5% to 1.7M units, rising for the fourth consecutive year after two years of decline. Overall, production, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when the production volume increased by 23% against the previous year. Global production peaked at 5.6M units in 2014; however, from 2015 to 2022, production failed to regain momentum.

In value terms, filling containers machinery production stood at $26.1B in 2022 estimated in export price. In general, production, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when the production volume increased by 26%. Global production peaked at $84.1B in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Production By Country

China (658K units) remains the largest filling containers machinery producing country worldwide, accounting for 39% of total volume. Moreover, filling containers machinery production in China exceeded the figures recorded by the second-largest producer, Germany (263K units), twofold. The third position in this ranking was held by India (225K units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China totaled -15.9%. The remaining producing countries recorded the following average annual rates of production growth: Germany (+4.5% per year) and India (+3.5% per year).

Imports

World Imports of Machinery For Filling, Closing, Sealing, Capsuling Or Labelling Containers

After two years of growth, supplies from abroad of machinery for filling, closing, sealing, capsuling or labelling containers decreased by -8.8% to 19M units in 2022. Overall, total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.2% against 2019 indices. The pace of growth was the most pronounced in 2015 when imports increased by 85%. Over the period under review, global imports reached the peak figure at 20M units in 2021, and then reduced in the following year.

In value terms, filling containers machinery imports fell to $9.1B in 2022. The total import value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 8.6% against the previous year. As a result, imports reached the peak of $10.1B, and then fell in the following year.

Imports By Country

In 2022, the United States (10M units) was the main importer of machinery for filling, closing, sealing, capsuling or labelling containers, creating 55% of total imports. It was distantly followed by Canada (3.8M units), constituting a 20% share of total imports. Thailand (670K units), Russia (440K units) and Australia (323K units) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +5.9% from 2012 to 2022. At the same time, Russia (+21.4%), Australia (+20.2%), Thailand (+18.6%) and Canada (+5.9%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in the world, with a CAGR of +21.4% from 2012-2022. While the share of the United States (+5 p.p.), Thailand (+2.5 p.p.), Canada (+1.9 p.p.) and Russia (+1.8 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($1.5B) constitutes the largest market for imported machinery for filling, closing, sealing, capsuling or labelling containers worldwide, comprising 16% of global imports. The second position in the ranking was held by Canada ($252M), with a 2.8% share of global imports. It was followed by Russia, with a 2.7% share.

In the United States, filling containers machinery imports increased at an average annual rate of +3.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Canada (+3.4% per year) and Russia (-3.6% per year).

Import Prices By Country

The average filling containers machinery import price stood at $485 per unit in 2022, waning by -2% against the previous year. Overall, the import price recorded a perceptible slump. The growth pace was the most rapid in 2014 an increase of 86%. As a result, import price reached the peak level of $1,083 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($565 per unit), while Canada ($67 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.4%), while the other global leaders experienced a decline in the import price figures.

Exports

World Exports of Machinery For Filling, Closing, Sealing, Capsuling Or Labelling Containers

In 2022, after three years of growth, there was significant decline in overseas shipments of machinery for filling, closing, sealing, capsuling or labelling containers, when their volume decreased by -15.3% to 759K units. In general, exports recorded a abrupt setback. The growth pace was the most rapid in 2016 when exports increased by 95% against the previous year. Over the period under review, the global exports attained the maximum at 4.5M units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, filling containers machinery exports contracted to $9.2B in 2022. The total export value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 12% against the previous year. Over the period under review, the global exports hit record highs at $10.1B in 2021, and then shrank in the following year.

Exports By Country

In 2022, Germany (236K units) was the major exporter of machinery for filling, closing, sealing, capsuling or labelling containers, comprising 31% of total exports. Italy (119K units) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by China (7.4%), the Netherlands (7.2%), Canada (4.7%) and Belarus (4.5%). Mozambique (23K units), Japan (19K units), France (18K units) and Spain (14K units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of +154.8%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest filling containers machinery supplying countries worldwide were Germany ($2.8B), China ($1.5B) and Italy ($1.4B), with a combined 61% share of global exports. The Netherlands, Japan, France, Canada, Spain, Belarus and Mozambique lagged somewhat behind, together accounting for a further 14%.

Mozambique, with a CAGR of +13.1%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

In 2022, the average filling containers machinery export price amounted to $12,115 per unit, growing by 7.2% against the previous year. Overall, the export price showed a significant expansion. The pace of growth appeared the most rapid in 2015 an increase of 427%. Over the period under review, the average export prices attained the peak figure at $18,134 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($26,198 per unit), while Mozambique ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+67.0%), while the other global leaders experienced a decline in the export price figures.

Source: IndexBox Market Intelligence Platform