The global container washing system market is projected to be valued at US$ 922.5 Million in 2023 and is anticipated to expand at a CAGR of 4.8%. Owing to the advances in packaging, the market is likely to surpass a valuation of US$ 1474.2 Million by 2033.
Factors supporting the market growth are listed below -
Container washing systems are designed for removing grease, oil, lubricants, paints, and another form from containers. Container washing system cleans, sanitizes, and dries containers of different sizes in various industries. With the use of container washing machines, the industry players are maintaining cleanliness. Also, these systems are semi-automatic and fully automatic, thus the application of container washing machines saves time and labor costs.
Container washing systems are used in healthcare to sanitize and wash different size containers, thus rapidly growing healthcare industry provides opportunities for market growth throughout the forecast period. Also, the high adoption of container washing machines in food beverages, chemicals, pharmaceuticals, and others drives market growth.
North America holds a significant market share in the container washing systems market. The growth of the market in the region is attributed to the presence of the food & beverage and healthcare industries. Increased use of reusable containers in the region to drive the growth of the container washing machine market. Also, the increased production of oil and Gas in the Middle East Asia region is driving the demand for high-volume containers for oil storage this will boost the growth of container washing system.
FMI research indicates container washing systems show great potential for not only durability but improving outcomes for buyers in different areas. The container washing systems should meet the objectives like:
To meet all these objectives, the manufacturers offers a wide selection of cleaning machines with easy-to-operate formats to bring out the best in packaging. Some manufacturers are providing conventional gravity water rinsing machines for empty can applications and specially customized water rinsers for full can rinsing applications.
Key manufacturers are working on manufacturing container washing systems with advanced technology in order to gain a greater market share. Both domestic and international companies are investing in and utilizing advanced technology to expand their business operations and capture significant portion of market revenue. Some of the companies include Rotajet systems, NUMAFA, SRS Engineering corporation, Glatt GmbH, and PRI PRI systems.
Manufacturers participating in the container washing systems market are expected to witness higher revenue generation over the forecast period as container washing machines are highly used in many end-use industries over all geographic regions.
The market is expected to evolve with new technologies and advancements in packaging to make container washing systems more, durable, and functional. The increasing use of automation in the container washing system market is expected to grow in the future.
The future of the container washing system market is promising as the market is expected to continue growing in the coming years. The increasing requirement for hygienic processes during production is expected to drive the demand for container washing systems.
Container washing system is used on a frequent basis to sanitize, clean and dry the containers of all sizes. Container washing system cleans both the interior and exterior sides of the container in lesser time. The containments and other unnecessary substances present/retain in the container can degrade the quality of the containers up to a great extent.
There are wide ranges of steel and plastic containers are used on a daily basis for storage and transportation purposes. Owing to this factor, it becomes mandatory for industry players to maintain the quality and integrity of these containers. Container washing system utilizes high-pressure pumps and spray nozzles to remove hard and sticky substances from the container walls.
Striking adoption of these container washing systems to wash and dry the containers in prominent industries such as food & beverage, chemical, healthcare, and other industries is boosting the container washing system market growth substantially.
Furthermore, optimum requirement of hygiene during the overall production process is likely to bolster the demand for container washing system across the globe. Overall the global viewpoint for the container washing system market is anticipated to remain positive during the forecast period.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Increasing demand for reusable containers and trend of containers on a rental basis is one of the crucial factors that fuelling the demand for a container washing system. Container washing system is capable of washing and cleaning a higher volume of containers such as IBC, drums, etc., in an hour only.
Moreover, these container washing systems have fully and semi-automatic cleaning operations, which require the least human interference. These factors are estimated to drive the demand for a container washing system in the upcoming years.
Along with this, these container washing systems have various advantages such as soundproof cabinet, easy moving, doors with tight seals and control panel with touchscreen, which is likely to propel the demand for container washing system throughout the forecast period. Food & beverage and healthcare industries have witnessed significant market growth in recent times.
The consistent demand for container washing system in these industries to sanitize and wash the various sizes of containers is contributing to the market growth. On the other hand, expansive prices associated with an automatic container washing system is one of the factors that hamper the market growth considerably. Overall, the global container washing system market is projected to expand with an outstanding CAGR during the forecast period.
Based on the geography, the container washing system market is categorized into North America, Latin America, Europe, South Asia, East Asia, and MEA regions. Prominent regions such as North America and South Asia regions are anticipated to captures the substantial market share. The market growth of the container washing system in these regions is majorly driven by the astonishing penetration of food and healthcare industries.
Consistent use of reusable constrainers in these regions is boosting the demand for container washing system considerably. Furthermore, in Europe, leading countries such as Germany, Spain, Italy, and the UK are projected to remain at the forefront in terms of the market share of container washing system throughout the forecast period.
Additionally, in the East Asia region, China is expected to be highly attractive regarding market share and growth rate. On the other hand, consistent production of oil and gas in the MEA region, especially in GCC countries and frequent demand for high volume containers in these countries to store oil products is pushing the demand for container washing system.
Some of the leading manufacturers of container washing system are Rotajet Systems, NUMAFA., SRS Engineering Corporation, Glatt GmbH, HOBART GmbH, PRI PRI Systems, Dyetech Equipment Group, Inc and SF Engineering
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Explore Packaging Insights
View Reports