PUNE, India, April 8, 2016 /PRNewswire/ --
The report "Semi-Automatic and Manual Filling Equipment Market by Type (Semi-Automatic Filling Equipment, Manual Filling Equipment), Application (Chemical, Health & Pharmaceutical, Food & Beverage, Personal Care, Paint & Coating, Others), and Region - Global Forecast to 2020", published by MarketsandMarkets, The global market was valued at USD 3.56 Billion in 2015, and is expected to reach USD 4.52 Billion by 2020, at a CAGR of 4.9% from 2015 to 2020.
Browse 49 market data Tables and 41 Figures spread through 125 Pages and in-depth TOC on "Semi-Automatic and Manual Filling Equipment Market"
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Filling equipment ensures high precision, efficiency, and higher flexibility during the manufacturing process, thereby driving the global demand of semi-automatic and manual filling equipment in varied industry verticals.
Among all types, the semi-automatic filling equipment segment led the global semi-automatic and manual filling equipment market
The semi-automatic filling equipment segment led the global semi-automatic and manual filling equipment market by accounting for the maximum market share in 2014. Use of semi-automatic filling equipment in the filling process offers high accuracy and reduces material wastage.
Food & beverage is the largest application segment of the global semi-automatic and manual filling equipment market
The food & beverage application segment led the filling equipment market in 2014, and is projected to grow at the highest CAGR between 2015 and 2020. The increasing requirement for packaging of juices, teas, sports drinks, bottled water products, and nutritional supplements, in different sizes and volumes, is propelling the growth of the global Semi-Automatic and Manual Filling Equipment Market.
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Asia-Pacific led the global semi-automatic and manual filling equipment market
The Asia-Pacific region led the global semi-automatic and manual filling equipment market in 2014, by accounting for the maximum market share. This market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period. The increasing presence of key market players in this region has led to innovation and development in the field of filling equipment, especially in India and China.
An in-depth market share analysis, in terms of revenue, of top companies is also included in the report. These numbers are arrived at, based on the key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts and key opinion leaders, such as CEOs, directors, and marketing executives. Some of the leading players in the global semi-automatic and manual filling equipment market are 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.).
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