DUBLIN, April 13, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Semi-Automatic and Manual Filling Equipment Market - Global Forecast to 2020" report to their offering.
The global semi-automatic filling equipment and manual filling equipment market is projected to reach USD 4.52 billion by 2020, at a CAGR of 4.9% between 2015 and 2020.
The semi-automatic filling equipment segment led the global semi-automatic filling equipment and manual filling equipment market in 2014. Manual filling equipment segment accounted for the second-largest share of the global semi-automatic filling equipment and manual filling equipment market. The demand for manual filling equipment will continue to decline, as an increasing number of filling equipment suppliers and manufacturers have proactively shifted their focus towards the procurement of semi-automatic filling equipment.
Asia-Pacific serves to be a lucrative market for semi-automatic filling equipment and manual filling equipment. It accounted for the largest share of the global semi-automatic filling equipment and manual filling equipment market. The Asia-Pacific region is expected to lead this market in the next five years. This growth is mainly attributed to the growing affluence of the middle class population in this region, coupled with rapid urbanization that has further led to rise in consumerism opportunities, which ultimately drives the semi-automatic filling equipment and manual filling equipment market in this country.
High costs are associated with the maintenance of filling equipment. Maintenance activities such as regular greasing and servicing have resulted in rise in expenditure. Shutdowns may occur in semi-automatic filling equipment due to technical reasons, thereby acting as a restraint for the filling equipment market.
Nordson Corp., (U.S.), COESIA Group (Italy), GEA Group AG (U.S.), Fisnar Inc. (U.S.), Accutek Packaging Equipment Companies Inc. (U.S.), and Graco Inc. (U.S.), among others are key players operating in the global semi-automatic filling equipment and manual filling equipment market.
Fisnar Inc. focuses on product innovation through the adoption of advanced technologies and effective research & development activities. The company has been undertaking these strategies in a bid to enhance its product portfolio and improve growth opportunities in emerging markets.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Filling Equipment Market, By Type
8 Filling Equipment Market, By Application
9 Filling Equipment Market, By Region
10 Competitive Landscape
11 Company Profiles
- Accutek Packaging Equipment Companies Inc. (U.S.) - COESIA Group (Italy) - Fisnar Inc. (U.S.) - GEA Group AG (U.S.) - Graco Inc. (U.S.) - Nordson Corp., (U.S.)
For more information visit http://www.researchandmarkets.com/research/qlr4zc/semiautomatic
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SOURCE Research and Markets