Global Canning Equipment Market Overview
The Canning Equipment Market Size was estimated at 9.46 (USD Billion) in 2022. The Canning Equipment Industry is expected to grow from 9.8(USD Billion) in 2023 to 13.5 (USD Billion) by 2032. The Canning Equipment Market CAGR (growth rate) is expected to be around 3.62% during the forecast period (2024 - 2032).
Key Canning Equipment Market Trends Highlighted
The canning equipment market is primarily driven by the growing demand for processed food and beverages, as well as the increasing popularity of convenience packaging. The market is also benefiting from the rising health consciousness among consumers and the need for extended shelf life of food products. The growth of the e-commerce sector and the increasing demand for home-cooked meals are further contributing to the market expansion.pportunities for market players lie in the development of innovative and efficient canning technologies that reduce production costs and enhance product quality. The integration of automation and digitalization into canning equipment holds immense potential for improving efficiency and accuracy. Additionally, the growing adoption of sustainable packaging solutions and the increasing demand for environmentally friendly canning methods present significant growth opportunities.Recent trends in the canning equipment market include the adoption of advanced technologies such as computer vision and machine learning for quality control and automation. The development of intelligent canning systems that optimize production processes and reduce waste is also gaining traction. Moreover, the increasing demand for flexible and customizable canning solutions is driving the development of equipment that can handle a wider range of products and package sizes.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Canning Equipment Market Drivers
Growing Demand for Canned Food Products
One of the major drivers of the Canning Equipment Market Industry is the variety of canned food products that people use increasingly. At the same time, canned food also has a range of important advantages that can be named. In particular, it has cheaper costs, safer storage, longer shelf life, and more simple transportation. Moreover, in some remote locations, canned food can be a benefit in comparison to fresh fruits and vegetables. The demand for products that previously were not canned increases for these reasons, and new technological opportunities allow companies to can more products that were previously not suitable for this, such as fruits.That is why in the future, this segment of the market is likely to keep growing. The demand for canning equipment will increase due to the very nature of the expanding sector and the desire of the existing canning companies to meet the higher production requirements. The growing population of a number of urban areas, an ever-increasing number of people regularly working, and, therefore, the number of cans they will consume instead of cooking, are all further indicators of this tendency.
Technological Advancements
Technological Advancements Another main factor that is boosting the Canning Equipment Market Industry is the technological developments in canning equipment. Technological developments have enabled manufacturers to improve the efficiency, productivity, and safety of canning equipment. For example, canners can now use automated canning lines, advanced sterilization techniques, and improved packaging materials for canning foods. These technologies enable canners to optimize their operations and produce high-quality canned food products easily.The development of newer and advanced technologies is also expected to drive the growth of the canning equipment market in the coming years.
Expansion of the Food and Beverage Industry
Besides that, the expansion of the food and beverage industry is also another essential driver for the Canning Equipment Market Industry. The growth of the population and demand for processed food proves to be increasing the food and beverage sector, hence, increasing the need for canning equipment. The canned beverages like craft beers and energy drinks are getting favourite to be consumed, which, is, in the end, drives the demand for canning equipment.
Canning Equipment Market Segment Insights
Canning Equipment Market Type Insights
Type Segment Insights and Overview The canning equipment market is segmented by type into retort system, pressure cooker, can filler, can seamer, palletizer, and depalletizer. Among these, the retort system segment held the largest market share in 2023, and is expected to retain its dominance throughout the forecast period. This is owing to the rising demand for canned food products, which require retort systems for sterilization and preservation. Pressure cooker segment is anticipated to exhibit consistent growth, as these systems are used in both commercial and household settings.Can filler and can seamer segments are also expected to grow significantly, as there is increasing demand for automated canning lines. Rise in adoption of automation is also anticipated to drive growth in palletizer and depalletizer segments. This is attributed to the rising adoption of advanced systems across canned food processors and increasing demand for canned food products around the world.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Canning Equipment Market Application Insights
The Canning Equipment Market Segmentation by Application includes Food Beverage, Pharmaceutical, and Personal Care. The Food Beverage segment accounted for a substantial share in 2023, and it will also witness strong growth during the estimated period. It will be due to the growing demand for canned food and beverages throughout the world. In this segment, people will be able to purchase convenience products that have an extended shelf life and are often more affordable. The Pharmaceutical segment will also be among the growing ones as the pharmaceutical industry requires more and more sterile packaging solutions.The Personal Care segment’s contribution will also be substantial, as canned personal care products are increasingly popular among women and men.
Canning Equipment Market Canning Line Speed Insights
The Canning Equipment Market revenue is expected to grow with a CAGR of 3.62%, reaching a market valuation of USD 13.5 billion by 2032. Segmentation of the market by Canning Line Speed offers valuable insights into the diverse needs of the industry. Canning Line Speed Segmentation: The Canning Line Speed segment is categorized into three sub-segments: Low Speed (100 Cans per Minute), Medium Speed (100-500 Cans per Minute), and High Speed (>500 Cans per Minute). Each sub-segment caters to specific production requirements and target markets.
Canning Equipment Market Can Size Insights
The Can Size segment of the Canning Equipment Market is expected to witness significant growth in the coming years, driven by the increasing demand for canned food and beverages. The small can size (up to 5 Oz) segment is projected to hold a significant market share, owing to its wide usage in the packaging of beverages, such as soft drinks, energy drinks, and juices. The medium can size (5-16 Oz) segment is also expected to grow steadily, driven by its use in packaging various food products, including soups, sauces, and vegetables. The large can size (over 16 Oz) segment is anticipated to have a moderate growth rate, primarily driven by its use in packaging bulk food items, such as fruits, vegetables, and meat.Overall, the Can Size segment of the Canning Equipment Market is poised for growth, supported by the rising popularity of canned food and beverages and the increasing demand for efficient and reliable canning equipment.
Canning Equipment Market Regional Insights
The regional segmentation of the Canning Equipment Market offers insights into the market's geographic distribution and performance. North America holds a significant market share, driven by the presence of established food and beverage industries and a growing demand for canned products. Europe follows closely, with a mature canning equipment market supported by technological advancements and a strong manufacturing base. The Asia-Pacific region is projected to witness substantial growth, fueled by the rising population, increasing disposable income, and expanding food processing sector.South America and the Middle East and Africa (MEA) regions are expected to contribute to the overall market growth, driven by urbanization, changing dietary habits, and government initiatives to promote food security. The Canning Equipment Market is projected to reach a valuation of USD 10.5 billion by 2024, exhibiting a steady growth trajectory in the coming years.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Canning Equipment Market Key Players And Competitive Insights
The leading players operating in the Canning Equipment Market are largely investing in research and development in order to improve the efficiency, durability, and versatility of their canning equipment. Leading companies in this industry consider innovation as a key strategy in order to meet the changing requirements of the food and beverage industry, which results in the emergence of new canning technologies. Leading players in the Canning Equipment Market are also expanding their geographical presence through acquisitions and partnerships to compete with increasing demand for canned food in the market.
Krones AG has become the leading player in the Canning Equipment Market in the long-term of its operations, as it succeeded in becoming a worldwide provider of innovative canning solutions. One of the benefits of canning machines provided by Krones AG is their sustainability and efficiency, as this company offers a broad portfolio of canning machines including filling, seaming, and labeling machines. The company’s success in the long-term strategy resulted from a focus on technologically advanced solutions and development of high-speed canning lines Several technologies implemented in Krones AG canning machines optimize the process of line production and reduce the downtime of these machines. The reason for the high demand for canning machines by Krones AG is also the scope of its operations and an extensive distribution network, as their machines can be used by food and beverage producers from all parts of the world.
Buhler Group is one of the major competitors of Krones AG and it closely monitors Canning Equipment Market developments and the needs of customers in this industry to identify advantages developed by competitors. This company also invests heavily in research and development to improve the performance and operations of their canning machines. Buhler Group is focused on the automation and digitalization of machines to develop new canning machines that have “smart” functions. These new machines are easier to work with, as they can be integrated into the existing production line of the company. One of the benefits that make Buhler Group canning machines prominent is that they are highly customizable and facilitate effective canning operations.
Key Companies in the Canning Equipment Market Include
Canning Equipment Market Industry Developments
The canning equipment market is projected to reach USD 13.5 billion by 2032, exhibiting a CAGR of 3.62% during the forecast period. Rising demand for canned food products, particularly in emerging economies, is driving market growth. Technological advancements, such as the integration of automation and IoT, are enhancing efficiency and reducing production costs. Key industry participants include KHS GmbH, Buhler AG, and SIG Combibloc Group.
Recent developments include the launch of innovative canning lines capable of handling a wider range of can sizes and shapes. Sustainability initiatives are gaining traction, with manufacturers focusing on reducing energy consumption and waste generation. E-commerce platforms are expanding the reach of canning equipment suppliers, providing convenience to customers. Overall, the market outlook remains positive due to increasing population, urbanization, and changing dietary habits.
Canning Equipment Market Segmentation Insights
Canning Equipment Market Type Outlook
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Retort System
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Pressure Cooker
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Can Filler
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Can Seamer
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Palletizer
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Depalletizer
Canning Equipment Market Application Outlook
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Food Beverage
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Pharmaceutical
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Personal Care
Canning Equipment Market Canning Line Speed Outlook
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Low Speed (100 Cans per Minute)
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Medium Speed (100-500 Cans per Minute)
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High Speed (>500 Cans per Minute)
Canning Equipment Market Can Size Outlook
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Small (Up to 5 Oz)
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Medium (5-16 Oz)
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Large (Over 16 Oz)
Canning Equipment Market Regional Outlook
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
Canning Equipment Market Report Scope
| Report Attribute/Metric |
Details |
| Market Size 2022 |
9.46(USD Billion) |
| Market Size 2023 |
9.8(USD Billion) |
| Market Size 2032 |
13.5(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
3.62% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Bucher Industries AG, Tetra Pak International SAGL, Ferrum Packaging Industries A/S, GEA Group AG, CanPack SpA, Symach SpA, Krones AG, Ball Corporation, ELPO Srl, REPA Maschinenbau GmbH, Simac SpA, Groninger Co. GmbH, VM Packaging Solutions, Sollich GmbH, The Lubeca Group |
| Segments Covered |
Type, Application, Canning Line Speed, Can Size, Regional |
| Key Market Opportunities |
Automation and efficiency enhancementsGrowing demand for convenience foodsExpansion into emerging marketsFocus on sustainability and ecofriendly packagingAdvancements in canning technology |
| Key Market Dynamics |
Growing demand for canned foodsTechnological advancementsRising environmental concernsGovernment regulationsIncreasing disposable income |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Canning Equipment Market is anticipated to reach a valuation of approximately 9.8 billion USD in 2023.
The Canning Equipment Market is projected to exhibit a steady growth rate, with a CAGR of 3.62% over the forecast period from 2024 to 2032.
The North American region is anticipated to dominate the Canning Equipment Market, owing to the increasing demand for canned food products.
The major application segments in the Canning Equipment Market include food processing, beverage processing, and pet food processing, among others.
Some of the notable players in the Canning Equipment Market include Krones AG, SIG Combibloc Group, Tetra Pak International S.A., Sidel Group, and Buhler AG, among others.
The increasing demand for canned food products, the growing awareness of food safety and quality, and the technological advancements in canning equipment are some of the significant factors contributing to the growth of the Canning Equipment Market.
The stringent regulations regarding food safety, the intense competition among market players, and the fluctuating raw material costs pose certain challenges to the growth of the Canning Equipment Market.
The Canning Equipment Market is expected to reach an estimated valuation of 13.5 billion USD by the end of 2032.
The pet food processing segment is projected to witness the highest growth rate in the Canning Equipment Market due to the rising demand for pet food products worldwide.
The adoption of sustainable packaging solutions, the integration of automation and digital technologies, and the increasing focus on energy efficiency are some of the notable trends shaping the Canning Equipment Market.
