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.
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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.
Cartridge Filling System Market Report Highlights
Polaris Market Research has segmented the Cartridge Filling System market report based on product type, automation, end-user and region:
Cartridge Filling System, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)
Cartridge Filling System, Automation Outlook (Revenue - USD Billion, 2019 - 2032)
Cartridge Filling System, End-user Outlook (Revenue - USD Billion, 2019 - 2032)
Cartridge Filling System, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Afric
Report Attributes |
Details |
Market size value in 2023 |
USD 6.84 billion |
Revenue forecast in 2032 |
USD 17.46 billion |
CAGR |
11.0% from 2024 – 2032 |
Base year |
2023 |
Historical data |
2019 – 2022 |
Forecast period |
2024 – 2032 |
Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
Segments covered |
By Product Type, By Automation, By End-User, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Customization |
Report customization as per your requirements with respect to countries, region, and segmentation. |
For Specific Research Requirements |