Sorting Machines Market Will Hit Big Revenues In Future
Sorting Machines Industry Overview The global sorting machines market was valued at USD 3.81 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.9% over the forecast period. The growing pharmaceutical industry across the globe is beneficial for the market owing to its application in sorting capsules and tablets according to their weight, size, and shape to maintain quality and accuracy in production. During the COVID-19 pandemic, the operations of various end-use industries, such as mining, tobacco processing, and plastic, were closed, which impacted the product demand. However, the food and pharmaceutical industries were operating during the lockdown, resulting in the increased product demand from these industries during the pandemic, as it reduces the requirement of labor and speeds up the production process. Gather more insights about the market drivers, restrains and growth of the Global Sorting Machines Market In...