According to Cognitive Market Research, The Global Bag Filling Machine market size is USD 4.5 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 5.50% from 2023 to 2030.
The global bag filling machine market will expand at a significant rate of 5.50% CAGR between 2023 and 2030.
The demand for bag filling machine market is rising due to the increasing development of different industries, higher disposable income among individuals, and a growing awareness of the need for improved packaging.
Demand for large bag filling equipment remains higher in the bag filling machine market.
The food & beverages category held the highest bag filling machine market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific bag filling machine market will experience the strongest growth until 2030.
