Global Color Sorter Market is projected to exhibit a CAGR of 2.96% between 2017 and 2022
Color sorters (sometimes called optical sorters or digital sorters or electronic color sorters) are machines that are used on the production lines in bulk food processing and other industries. They separate items by their colors, detecting the colors of things that pass before them, and using mechanical ejection devices to divert items whose colors do not fall within acceptable (or fall within rejectable) color ranges.
Global Color Sorter revenue was valued at 1867.61 M USD in 2017, and is forecast to reach 2161.15 M USD by the end of 2022.
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The leading players include following players:
Demand is driven by demographics and the health of the economy. The profitability of individual companies depends on their ability to bid accurately, secure contracts, and control costs. Large companies enjoy economies of scale in financing and the ability to offer a broad range of services in many locations. Smaller companies can compete effectively by specializing in particular services or focusing on certain geography.
On the basis of region, Asia-Pacific is the largest market segment of Greaseproof Paper, with a revenue market share nearly 51.32% in 2017, followed by North America.
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