Global food and beverage packaging equipment market projected to grow through 2032

The global markets for food and beverage packaging equipment, including vacuum deposition devices and filling machines, are projected to see steady growth through the early 2030s, driven by demands for sustainability, food safety, and high-performance materials.

The vacuum deposition device market is expected to grow at a compound annual growth rate (CAGR) of 4.6%, reaching an estimated $500 million by 2031. This growth is fueled by the need for high-barrier films to preserve the freshness of food and pharmaceuticals while reducing environmental impact. Major players such as Bobst, Applied Materials, and Bühler Leybold currently hold approximately 61% of the market share.

Simultaneously, the food and beverage filling machine market is forecasted to expand from $3.485 billion in 2026 to $4.409 billion by 2032, representing a CAGR of 4.0%. Key industry trends include the adoption of aseptic filling technologies to extend shelf life and the development of flexible production lines capable of handling diverse product types and container sizes. Companies like SIG and Dai Nippon Printing (DNP) are actively innovating in aseptic packaging and recyclable materials to meet evolving consumer needs and reduce food waste.