Peristaltic Pumps Market By Type (Hose pump, Tube pump), By Application (Metering, Dispensing), By End User Industry (Food and beverage, Manufacturing): Global Opportunity Analysis and Industry Forecast, 2021-2031
The peristaltic pumps market size was valued at $1,217.4 million in 2021, and is projected to reach $2,200.5 million by 2031, registering a CAGR of 5.9% from 2022 to 2031. Peristaltic pump is used for pumping fluids while maintaining high degree of sterile environment in industries such as pharmaceutical, food and beverages, cosmetics, and chemicals. Peristaltic pump consists of shoes and rollers that squeezes a tube filled with fluid and moves the trapped fluid; thereby, pumping the fluid.
The availability of a wide range of peristaltic pump makes it usable by small and large industry for various applications. Food & beverages and cosmetics industry is witnessing a rise, attributed to surge in disposable income of masses, and favorable government policies toward developing the domestic industry. In addition, pharmaceutical industry is witnessing growth owing to rise in old-age population, onset of new diseases, and increased usage of health supplements. Moreover, chemical industry is positively influenced by the growth of all kind of industries such as leather, electronics, pigment, plastic and others. Such factors are driving the demand for peristaltic pumps. However, factors such as requirement of frequent maintenance, and limited applications of peristaltic pumps are expected to restrain the growth of the market.
In addition, advancements in technology that have helped in incorporation of smart features in peristaltic pumps, such as remote monitoring, self regulation of pump parameters, and others, are anticipated to provide lucrative opportunities for the growth of peristaltic pumps market.
The peristaltic pumps market is segmented on the basis of type, application, end-user industry, and region. By type, the market is bifurcated into hose pump, and tube pump. By application, the market is categorized into metering, and dispensing. By end-user industry, it is bifurcated into food & beverages, and manufacturing. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players that operate in the global market have adopted key strategies such as product launch, and business expansion to strengthen their market outreach and sustain the stiff competition in the market
Competition Analysis
Key companies profiled in the peristaltic pumps market report include Boyser, Cole-Parmer Instrument Company LLC, FLOWTECH, Gilson Inc., Graco Inc., Heidolph Instruments, IDEX Corporation, Jieheng Peristaltic Pumps Co., Ltd., ProMinent Group, Pumpsquare Systems LLP, Randolph Austin, Ravel Hiteks Pvt. Ltd., TMVT Industries Pvt. Ltd, Valmet Corp, (Flowrox Oy), Verder Group, Wanner Engineering, and Watson-Marlow Fluid Technology Group.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the peristaltic pumps market analysis from 2021 to 2031 to identify the prevailing peristaltic pumps market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the peristaltic pumps market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global peristaltic pumps market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Hose pump
Tube pump
By Application
Metering
Dispensing
By End User Industry
Food and beverage
Manufacturing
Manufacturing type
Mining
Medical and cosmetic
Water and wastewater treatment
Other
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Netherlands
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Vietnam
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
Saudi Arabia
UAE
South Africa
Kenya
Key Market Players
Boyser
Cole-Parmer Instrument Company LLC
FLOWTECH
Gilson Inc.
Graco Inc.
Heidolph Instruments
IDEX Corporation
Jieheng Peristaltic Pumps Co., Ltd.
ProMinent Group
Pumpsquare Systems LLP
Randolph Austin
Ravel Hiteks Pvt. Ltd.
TMVT Industries Pvt. Ltd
Valmet Corp, (Flowrox Oy)
Verder Group
Wanner Engineering
Watson-Marlow Fluid Technology Group
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