Semi-Automatic & Manual Filling Equipment
Global Semi-Automatic and Manual Filling Equipment Market to Reach $4.3 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Semi-Automatic and Manual Filling Equipment estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$4.3 Billion by 2027, growing at aCAGR of 2.8% over the period 2020-2027. Semi-Automatic Filling Equipment, one of the segments analyzed in the report, is projected to record 3% CAGR and reach US$2.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Manual Filling Equipment segment is readjusted to a revised 2.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $982.7 Million, While China is Forecast to Grow at 4.8% CAGR
The Semi-Automatic and Manual Filling Equipment market in the U.S. is estimated at US$982.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$816.6 Million by the year 2027 trailing a CAGR of 4.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.5% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.
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