Press release
Dispensing Systems and Equipment Market - Growth, Trends, Forecast, Demand, Outlook 2019
Dispensing systems are devices which dispense chemicals, inks, or other solvents. The solvents dispensed can be in a quantity desired by the consumer or in a pre-defined quantity. Dispensing systems play an important role in the day-to-day life of consumers. These systems are used in a number of applications such as in large-scale industries for dispensing oil and other solvents, pharmaceuticals for syringes and disinfecting solutions, household chemicals such as detergent liquids and other cleaning solutions, and personal care products such as shampoos and moisturizers, foods such as syrups and sauces, and beverages such as water and aerated drinks.There is an increasing demand for dispensing systems and equipments in developing countries such as India and China. Increasing disposable incomes and changing lifestyles are the main reasons for the increasing demand for dispensing systems in these regions. Innovation of dispensing systems in terms of esthetic designs as well as technology is another reason for augmenting the dispensing market’s growth. In addition to this, dispensing systems are more convenient to use compared to traditional systems, thus driving the global market for dispensing systems and equipments.
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The ever changing consumer needs is one of the key factors affecting this market. This results in manufacturers having to constantly upgrade their technology. Moreover, the lower profit margins due to mergers and acquisitions have adversely hampered some of the smaller players in this market. The trend among consumers towards preferred suppliers is expected to hamper the growth of small scale suppliers and resultantly make this market extremely competitive.
There is a growing opportunity in the dispensing systems market with regards to its application in various sectors. Furthermore, innovation in terms of design and size along with cost-effectiveness, up-gradation of technology and supply is expected to further fuel the demand for this market. Moreover, large scale industries are looking at automated dispensing systems to be installed in their plants, which have the properties of handling volatile chemicals and other solvents. In addition to this, these systems are replacing traditional continuous thread closures.
Some of the key manufacturers of dispensing systems and equipments include Jensen Global Dispensing, Global Closures Systems, Weatherchem Corporation, Hydro Systems Company, Nordson Adhesive Dispensing Systems, Berry Plastics Corporation, Continental AFA, and AptarGroup among others.
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