PUBLISHER: Polaris Market Research | PRODUCT CODE: 1504928
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1504928
The global Cartridge Filling System market size is expected to reach USD 17.46 billion by 2032, according to a new study by Polaris Market Research. The report "Cartridge Filling System Market Share, Size, Trends, Industry Analysis Report, By Type; By Automation (Semi-automatic, Automatic); By End-User; By Region; Segment Forecast, 2024- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing demand for cartridge filling systems is because they fill cartridges precisely to the necessary capacity using a piston and a precision dropper; frequently, rotary loaders and semi-automatic operation are used to speed up production. Time and money is saved compared to manual filling techniques by using this reliable approach. Both manual and automatic filling technologies reduce employee fatigue from repeated activity while producing cartridges more efficiently. Cartridge fillers directly contribute to higher profit margins for merchants as a result of their enhanced efficiency. High-volume cartridge filler systems facilitate efficient production scaling for expanding businesses. Retailers of cannabis and nicotine understood that cartridges may revolutionize the vaping market leading to a flourishing market for effective solutions for filling cartridges.
For instance, in November 2023, $2 million was raised by US-based Sorting Robotics to create specialized robots for the cannabis industry. This funding will help Sorting Robotics continue to grow and expand throughout the whole value chain of the cannabis business. The funds will be utilized to increase the company's working capital in order to expedite sales and market penetration, as well as to boost inventories in order to satisfy the growing demand for Sorting Robotics automation solutions.
In recent year's trend of integrating robotics, AI/ML and technology has shown advancement in this industry to avoid errors happening by human beings, especially after hundreds of cartridge fills. By reducing the possibility of overfilling or under filling, cartridge filling devices help you prevent unpleasant spills and increase your confidence in the quality of your cartridges. Hence, cartridge filling systems are equipped with automation or robotics is gaining popularity replacing the traditional systems.
Piston cartridge filling systems have shown significant growth owing to their ease and convenience of use by rotating the piston knob at the end of the barrel, an object with a built-in reservoir may be filled.
Volumetric filling systems has shown substantial growth as they are very adaptable; as various fillers may be used to manage a variety of liquid kinds.
The automated cartridge filling systems have shown remarkable growth over the forecast period as it ensures automatic cartridge filling ensuring consistency and quality by increasing productivity and scaling capacities.
Pharmaceutical sector has shown rapid adoption of cartridge filling systems as they provide patients more independence by offering a greater range of requirements and medication administration options.
North America region accounted for significant growth owing to a rapid adoption of technology integrated cartridge filling systems.
The global key market players include Korber Medipak Systems AG, Marchesini Group, OPTIMA Packaging Group GmbH, ProSys Systems Filling Systems, Spee-Dee Packaging Industry, Inc.
Polaris Market Research has segmented the Cartridge Filling System market report based on product type, automation, end-user and region: