The global sales of can seamers are estimated to be worth USD 1.3 billion in 2021 and are anticipated to reach a value of USD 2.0 billion by 2031. Sales are projected to rise at a CAGR of 4.5% over the forecast period between 2021 and 2031. The revenue generated by can seamers in 2020 was USD 1.2 billion.
The development of the food and beverages industry is one of the key elements leading to growth in the can seamers market, as this industry requires a continuous and reliable process right from its preservation to safety. The rising demand for canned foods and beverages such as ready-to-eat meals and craft beers determines the demand for technologically advanced can seamers.
Advancement in technology such as automation and precision engineering has thus transformed can seamers into more effective and accurate machinery. Also, the increased attention to quality control and the enforcement of strict food safety regulations boost high-performance seamers.
Moreover, the growth of the food and beverage industries by SMEs contributes to market growth due to the fact that small businesses are in favor of finding a balance between cost-effectiveness and reliability for canning solutions.
Global Can Seamers Industry Assessment
| Attributes | Key Insights |
|---|---|
| Historical Size, 2020 | USD 1.2 billion |
| Estimated Size, 2021 | USD 1.3 billion |
| Projected Size, 2031 | USD 2.0 billion |
| Value-based CAGR (2021 to 2031) | 4.5% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The utilization of can seamers in food and beverages industries for packaging purpose is anticipated to give a positive impact to the production volume. Moreover, rising concerns of packaging related issues are also likely generate significant demand during the assessment year.
Can seamers are very easy to use and do not required any technical knowledge and expertise. Although, it does not require too much space and huge capital investment. Due to this fact, it is attribute to provide significant opportunities for workshops and small plant. It is projected to create new aspect for manufacturers across the globe.
The utilization of can seamers ensure no leakage to the can and provide a better outlook with cylindrical and rectangular shape. It will lead to attract other end use industries such as pharmaceutical and manufacturing industries.
The rising per capita income, improving lifestyle and population around the world is anticipated to create significant demand for food processing industries. It will directly intensify the utilization of can seamers and likely to give promising stance to the manufacturers.
The utilization of can seamers machine is anticipated to address the rising plastic waste and metal waste challenges throughout the globe. Since, these materials can be recycled in the form of large to small boxes for packaging purpose. It will lead to provide noteworthy sale to the manufactures during the forecast period.
The growing demand for lightweight, high-performance and automatic machines form the end use industries is likely to create abundant aspects for manufacturers.
Asia pacific region accounts for majority of the demand for can seamers machines due to high demand from food & beverages, pharmaceutical, packaging and manufacturing industries. The countries such as India, China, Japan, Australia and Singapore accounts for the foremost utilization of these machines, due to rapid industrialization and urbanization.
In addition to this, the import and exports activities is also associated with the packaging of food and related activities. It is anticipate to surge the utilization of can seamers in Asia Pacific regions during the forecast period.
North America is anticipate to lead the global can seamer market during the forecast period. The surging demand from the USA retail sector is attributed to hold the foremost share during the same period. The increasing healthcare infrastructure is projected to account for considerable demand of can seamers for packaging purposes. In addition to this, chemical and paint industries also generates abundant aspect in North America region.
Europe is predicted to account for significant demand during the assessment period. The rising food & beverages industry is the foremost factor which drive the Europe can seamers market. Moreover, the rising hygiene related issues and rising per capita income are attribute to utilizing can based products, it is expected to give a positive impact to the production volume.
Principal Consultant
The automatic can seamer machine is a lucrative avenue from the end use industries, due to its cheap price and size. Moreover, it does not require any human efforts for product development. Additionally, semi-automatic and manual machines also account for significant demand, but due to adoption of automation and robotics in manufacturing industries automatic machines are likely to witness plethora of opportunities during the forecast period.
Some of the leading manufacturers of can seamer include
Leading manufacturers across the globe are continuously rising their investment to improve the production capacity and reduce the weight. It will lead to rise the utilization for small workshops and other industries. Moreover, key manufacturers are rising momentous amount on R&D for utilizing alternative power source. It will lead to improve the operational flexibility and reduce operational cost.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Explore Packaging Insights
View Reports
Can Seamers Market
