LONDON--(BUSINESS WIRE)--Technavio’s latest report on the global bottling line machinery market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
The global bottling line machinery market is expected to witness a considerable growth rate during the forecast period. This high growth rate is attributed to the increasing demand for non-alcoholic beverages and increase in the number of beverage products that require varied packaging for enhancing the safety feature and shelf life of products.
Sharan Raj, a lead analyst from Technavio, specializing in research on packaging sector, says, “The bottling line machinery market is highly competitive with little or negligible product differentiation. In addition to it, vendors also face various challenges such as increasing efficiency, reducing rejection rates, and meeting production targets. Hence, they look for innovative ways to produce less scrap and utilize less labor to achieve considerable savings.”
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The top three emerging trends driving the global bottling line machinery market according to Technavio research analysts are:
- Innovations in bottling line machinery
- Emergence of single-serve packages
- Increase in biodegradable plastic packaging
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Innovations in bottling line machinery
As bottling line production continues to evolve for matching the increase in consumer demands, manufacturers are investing in flexible equipment that allows for modification in products. Bottling line machinery is now designed for accommodating a diversified range of products.
“Bosch’s Ampack has developed carousel filling machine for milk and dairy products in pre-formed bottles and cups for addressing the demand for minimizing the risk of contamination and reduction in product waste by simplifying cleaning,” according to Sharan.
Emergence of single-serve packages
A single-serve water bottle accounts for more than 60% of the total soda packaging market. As a result, a single-serve PET water bottle or a single-serve dairy glass product is expected to witness a significant growth rate during the forecast period. Single-serve packaging concept is gaining popularity in the beverage packaging industry because it offers a high degree of convenience.
Apart from PET packaging, single-serve packages are available in metal cans as well as glass bottles. This redesigning in the packaging industry is driving the bottling line demand for single-serve packaging as beverage manufacturers are also shifting toward small packaged ready-to-drink beverages as they can be refrigerated easily.
Increase in biodegradable plastic packaging
Stringent government regulations and growing environmental concern have led to the decline in demand for plastic bottles, which in turn has affected the bottling line machinery market for plastic packaging. However, after the introduction of biodegradable plastics as a substitute for conventional plastic packaging, there has been an increase in demand for bottling line machinery.
With the environment regulations compliance becoming more stringent, manufacturing industries are likely to adopt bottling line machinery for PET bottles to escape from any sort of penalties or sanctions. This increasing trend in the adoption of biodegradable plastic packaging is expected to drive the bottling line machinery market.
The key vendors are as follows:
- Bosch Packaging Technology
- Coesia
- GEA Group
- Krones
- Sidel
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