Currently, there are various types of capping machines available in the market, which can be used for various purposes. These include Screw capping machines, Vial sealing cap machines, Hand-held capping machines and Cap applicators.
How is the Growth of Hand-held Capping Machines Global Market?
Among all the regions, Asia-Pacific dominates the global hand-held capping machines market. The region is driven by the increasing demand for cosmetics and pharmaceuticals. It is also attributed to the rising disposable incomes of consumers. The market is expected to exhibit substantial growth in this region. In fact, it is estimated to reach US$253.7 Million by 2027.
The North America region accounts for the second largest share in the global hand-held capping machines market. It is owing to the presence of leading market players. The market is segmented by regions, driven input, size, and end user.
How is the Screw Capping Machine Market Expanding?
The global Screw Capping Machines market is expected to grow at a significant % CAGR between 2022 and 2028.
Changing consumer lifestyles and the increase in packaged food demand are expected to drive the Automatic Screw Capping Machine market. The market is expected to reach US$6,525.1 Million by 2032. During the forecast period, North America is expected to account for a significant share of the Automatic Screw Capping Machine market.
Global Market of Vial Sealing Cap Machines
Increasing demand for pharmaceutical products and improving hygiene are some of the factors that are driving the growth of the vial sealing cap machines market. However, there are some technical and internal factors that may increase the growth of the global vial capping machines market.
The global market is also influenced by the factors such as the government norms and standards for pharmaceutical industry and high disposable income. Moreover, increasing use of multipacks is also propelling the growth of the market.
The vial cap sealing machines market is divided into two segments, automatic and manual. In 2021, the automatic segment accounted for a major share in the vial cap sealing machines market.
In 2022, the demand for Vial Cap Sealing Machines in the pharmaceutical industry was higher. In fact, the pharmaceutical industry accounted for the largest share in the Vial Cap Sealing Machines market.
The Bottom Line
Increasing demand for packaging machinery, coupled with the growth of the food and beverage industry, will drive the global cap applicators market during the forecast period. Besides, the recent advancements in packaging machinery will further boost the growth of the cap applicators market.
These machines are used to maintain the freshness of packaged products. They are also used in the pharmaceutical and chemical industries to prevent the contamination of products. They are available in various sizes and designs.
The global screw capping machine market is dominated by the Asia Pacific region. The food and beverages industry, which accounts for more than 50% of the packaging industry, has had a huge growth in recent years. The Indian food processing industry ranks fifth in terms of production and consumption. The growth prospects of this industry are immense.