FACTS AT A GLANCE
Editing: 7; Posted: April 2021
Executive pool: 1173
Companies: 40 – Players covered include Accutek Packaging Equipment Companies, Inc .; Coesia Group; Fisnar, Inc .; GEA SA Group; Graco, Inc .; JBT Company; Jet Pack Machines Pvt Ltd; Liquid Packaging Solutions Inc .; Lodha International LLP; Neostarpack Co., Ltd .; Nordson Corporation; Tridak SARL; Universal filling machine Co; Vitro Pharma machines and others.
Blanket: All major geographies and key segments
Segments: End use (food and drink, health and pharmaceuticals, chemicals, personal care, other end uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; Spain; Russia; and rest of Europe); Asia Pacific (Australia; India; South Korea; and rest of Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of Middle East); and Africa.
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Global Manual Filling Equipment Market To Reach $ 2.2 billion by 2026
In the midst of the COVID-19 crisis, the global manual filling equipment market is estimated at US $ 1.6 billion in 2020, is expected to reach a revised size of US $ 2.2 billion by 2026, with a CAGR of 5.2% over the analysis period. Food & Beverage, one of the segments analyzed in the report, is expected to register a CAGR of 5.2% and reach US $ 830.5 million at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the Healthcare and Pharmaceuticals segment is readjusted to a revised CAGR of 5.2% for the next 7-year period.
The US market is estimated at $ 447.6 million in 2021, when China is expected to reach $ 449 million by 2026
The market for manual filling equipment in the United States is estimated at US $ 447.6 million in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of 449 million US dollars by 2026, with a CAGR of 8.3% over the analysis period. Other notable geographic markets include Japan and Canada, each forecasts growth of 2.9% and 4.1% respectively over the period of analysis. In Europe, Germany is expected to grow at around 3.7% CAGR.
Chemical segment to be reached US $ 442.3 million by 2026
In the global Chemicals segment, United States, Canada, Japan, China and Europe will drive the estimated 5.2% CAGR for this segment. These regional markets representing a combined market size of 241 million US dollars in 2020 will reach a projected size of US $ 344.4 million before the end of the analysis period. China will remain among the most dynamic of this group of regional markets. Following
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