Filling Equipment Market Projected to Reach $8 Billion by 2019 - Report by MarketsandMarkets
(PRWEB) October 21, 2014 -- The report “Filling Equipment Market by Industry (Food, Beverage, Pharmaceutical, Cosmetics), Type (Rotary, Volumetric, Aseptic, Net Weight), Process (Manual, Semi-Automatic, Automatic), Product (Solid, Semi-Solid, Liquid) & Geography - Global Trend & Forecast to 2019”, defines the filling equipment market and segments it into food, beverage, pharmaceutical, and cosmetic segments with analyses and projections of the market size of each of these segments, in terms of value. It also identifies the driving and restraining factors for the filling equipment market with an analysis of trends, opportunities, burning issues, and winning imperatives.
The market is projected to be valued above $8 billion by 2019. The Asia-Pacific region was the largest geographic segment for the market in 2013.
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The filling equipment market includes rotary fillers, volumetric fillers, aseptic fillers, net weight fillers rand other include vacuum filler, piston fillers, spray fillers. New filling technology development and increasing demand for advanced packaging equipment is driving the filling equipment market.
The key players in the filling equipment market have taken to introducing new filling technology that can be used for a wide range of products including liquids, pastes, chunky products, and granules. The new product launches drive the market growth. The filling equipment services during installation and after sales provided by some companies can also offer growth opportunities in the market. The leading players also concentrate on offering customized filling systems to cater to changing customer requirements.
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The emerging markets of Asia-Pacific, such as China and India, have further opened new opportunities in the filling equipment market. The leading players focus on collaborations to tap the potential of the emerging markets. The filling equipment and technology in emerging economies is driven by with the increase in consumer spending capacity in these regions.
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