The filling equipment market is projected to reach above $8 Billion by 2019 with demand for food packaging .
Dallas, TX -- (SBWIRE) -- 09/05/2014 -- 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.
Browse 124 market data tables, 42 figures spread through 271 pages and in-depth TOC on “Filling Equipment Market - Global Trend & Forecast to 2019”
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The filling equipment market is driven by new technology development, which has further increased the demand for food packaging and changing consumer lifestyle. The key market players adopt new product launches as their preferred strategy to sustain the competition in the market. Automation in filling equipment has further driven the market.
In 2013, Asia-Pacific region was the largest market for filling equipment. The Asia-Pacific market for filling equipment is projected to grow at the highest CAGR due to the emerging filling equipment markets such as China and India. The market is estimated to grow with the increase in technology development of filling equipment.
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The filling equipment market is a fragmented market with the leading companies driving the market growth with new product launches. The report further provides qualitative analysis of the prominent market players and their preferred development strategies. Key players such as Krones AG (Germany), Robert Bosch GmbH (Germany), and Coesia S.p.A. (Italy) have been profiled in the report. The leading players have adopted new product launches as their key development strategies.
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