The consumption of beverages market is increasing every year, the global beverages market had total revenues of $1,989.75 bn in 2015. The performance of the market is forecasted to accelerate, with an anticipated CAGR of 4.1% for the five-year period 2015 - 2020, which is expected to drive the market to a value of $2,432.49 bn by the end of 2020 and this trend is only expected to increase in the years to come. Other than beverages, chemicals and Industrial Liquids are also highly demanded due to their varied function. These highly demanded liquids require an efficient filling and packaging solutions for better transportation & storage.
The increasing demand for packaged liquid products creates potential for liquid filling solutions. Modern packaging techniques makes possible to pack liquids with almost all kinds of chemical composition and viscosity. Functional expectation of a brand owner are logistical benefits, easy pouring and drinking experience for customers and differentiated opening techniques for aged consumers, for this there is continuous innovation in the packaging techniques.
The factors driving the growth of the automatic liquid filling market are increased consumption of packaged liquids, focus on precision, speed and versatility in liquid filling and requirement for prolonged storage, i.e. increased shelf life. High initial investments and training the company personnel to operate these machines are few drawbacks of the automatic liquid filling market.
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