A CAGR of 3.9% is expected for the global hand-held capping machines market due to the growing demand during the forecast period. It is anticipated to be appraised at USD 426.5 Million by 2032, up from USD 290.9 Million in 2022.
The demand for hand-held capping machines is likely to surge owing to growing requirements for packaged drinking water and beverages, which further requires the facilitation of the capping process.
However, apart from the high initial cost of these machines, additional costs are required for the delivery systems, which may hamper the global market growth. Conversely, manufacturers are adopting strategies and expanding product offerings through technological developments, which are anticipated to be future scopes for market growth.
Report Attribute | Details |
---|---|
Hand-held Capping Machines Market Value (2022) | USD 290.9 Million |
Hand-held Capping Machines Market Anticipated Value (2032) | USD 426.5 Million |
Hand-held Capping Machines Projected Growth Rate (2032) | 3.9% |
In 2017, the volume of bottled water grew to about 13.7 Billion, according to research conducted by International Bottled Water Association (IBWA). This was a 7% increase over the previous year, and the sales of bottled water totaled about USD 18.5 Billion, with an increase of 8.8%.
A highly desired type of hand-held capping machine is the electric hand-held screw capping machine. Their popularity is owing to manufacturers offering them the ability to seal/tighten 10 mm-50 mm caps. They are easy to carry and operate and relieve operator fatigue caused by hand and wrist overworking.
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The portability and durability of the packaged bottle in handling the liquid products are a few of the key benefits that are estimated to increase the market growth. Moreover, manufacturers are offering these machines with a variety of metal caps, plastic cap sealing, pressure thread, pressure crown caps, etc., which are expected to rise the demand for hand-held capping machines.
The accuracy and value of the automatic stop are major features that are likely to increase the sales of hand-held capping machines. Furthermore, these machines have low vibration along with excellent relatable torque, which is adjustable by the toolless external dial. These are further equipped with internal double and overload protection and facilitate the changing of capping heads for various cap sizes.
Since these machines are CE certified for extra safety and benefits, end users have more faith in these hand-held capping machines. In addition, these machines have ergonomic features, as well as a reverse/forward switch, to facilitate a smooth operation. Moreover, the reusability of packaged food and beverages is effectuated through the adoption of hand-held capping machines, surging a high demand for them as well.
High costs associated with hand-held capping machines can be a burden for small-scale manufacturers, which is estimated to hinder the growth of the global market. Moreover, there are complexities involved in capping operations on account of size discrepancies between machine and cap, despite the improving technology. These factors are estimated to significantly restrain the market growth.
On the other hand, new advancements in packaging technologies are surging the packaging of diversified products. These bottle containers further deliver by increasing their shelf life and maintaining the quality of the product. These factors are anticipated to surge the demand for hand-held capping machines by offering opportunities for manufacturers.
Europe is the most dominating hand-held capping machines market, with a revenue of 22%. This is attributed to the technological advancements in hand-held capping machines and the increasing benefits that are provided by these machines.
North America is a growing hand-held capping machines market with a revenue of 18%. This is owing to the presence of leading market players who manufacture and market these machines in this region. Moreover, the innovation observed in the packaging equipment and advancements in technology is further likely to increase product demand.
A hand-held capping machine solves the issue of wrist fatigue owing to its easy use and flexibility. This is why start-up companies are working along with prominent market players to provide the best-in-class of hand-held capping machines, which is expected to enhance the global arena.
Abucks Inc. - They are a manufacturer, wholesaler, and exporter of manual capsule filling machines, capsule strip packaging machines, empty capsule loader machines, automatic capsule filling machines,s and many more.
RD Singal & Co. - The company is specialized in producing SINGAL brand packaging machines and is known as one of the leading manufacturers in the foodstuff packaging machine field. Their modern standard workshops cover more than 1000 square meters of area and have more than 200 sets of manufacturing equipment.
Spheretech Packaging India - It is a leading manufacturer, supplier, trader, and exporter of liquid packaging machines. They are highly regarded for providing quality products that add value to customers.
VTOPS - They design and manufacture various packaging machines, such as auger fulfillers, VFFS machines, pick-fill seal machines,s and others.
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The hand-held capping machines market share is highly competitive due to the presence of a large number of market participants. Through mergers and acquisitions, various regional-level players are also operating across key growth regions, particularly in Europe.
Key Market Players of the Hand-Held Capping Machines Market:
KINEX Cappers Inc. - They manufacture semi-automatic and handheld capping machines, bottle cappers, and cap tighteners. The company’s semi-automated capping machinery is known for its ease of use, rugged design, and unmatched reliability.
ACCUTEK Packaging Equipment Companies Inc. - They manufacture phenomenal packaging machines, which effectively maximize the production rate without any error.
APACKS Packaging Inc. - They manufacture packaging machines, filling machines, and bottle capping machines that set the standard for the packaging equipment industry.
SWAN-MATIC Bottle Capping Machines & Equipment - It provides the bottling and packaging industry with semi-automatic bottle capping machines for small to mid-production runs and manufactures capping-related products that are used in virtually all sizes of production lines. Over 90 percent of their equipment is maintained IN-STOCK and available for immediate delivery worldwide.
Medi-Pack Process & Technologies - They are a leading manufacturer, exporter, and trader of supreme quality Bottle Capping Machine, Bottle Filling Machine, Bottle Labeling Machine, Bottle washing machines, Bottle Inspection Machine, Packing Conveyor Belt, Automatic Liquid Filling Line, Turn Table, etc.
OTHER MARKET PARTICIPANTS IN THE HAND-HELD CAPPING MACHINES MARKET:
A few of the latest developments in the hand-held capping machines market are:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 3.9% from 2022 to 2032 |
The base year for estimation | 2021 |
Historical data | 2017 to 2021 |
Forecast period | 2022 to 2032 |
Quantitative units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
Segments Covered | Size, Cape Range, Torque Range, Driven Input, and Region. |
Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia and New Zealand |
Country scope | USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, United Arab Emirates, Iran, South Africa |
Key companies profiled | KINEX Cappers Inc.; ACCUTEK Packaging Equipment Companies Inc.; APACKS Packaging Inc.; SWAN-MATIC Bottle Capping Machines & Equipment; Medi-Pack Process & Technologies; Quick Capper; Spheretech Packaging India Private Limited; The CARY Company; Dispense Works; etc. |
Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The hand-held capping machines market is likely to garner a CAGR of 3.9% during the forecast period.
Complexities involved in capping operations on account of size discrepancies between machine and cap.
The market is likely to grow to a revenue of USD 426.5 Million by 2032.
1. Executive Summary | Hand-Held Capping Machines Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Size 5.1. Small 5.2. Medium 5.3. Large 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Cape Range 6.1. 10-24 mm 6.2. 24-70 mm 6.3. 15-83 mm 6.4. 22-130 mm 6.5. 38-130 mm 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Torque Range 7.1. 0-30 in. lbs. 7.2. 5-70 in. lbs 7.3. 14-120 in. lbs. 7.4. 20-200 in. lbs. 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Driven Input 8.1. Electric Input 8.2. Non-Electric Input 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. Asia Pacific 9.5. Middle East and Africa 10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. KINEX Cappers 17.2. ACCUTEK Packaging Equipment Companies, Inc. 17.3. Asia PacificKS Packaging, Inc. 17.4. SWAN-MATIC Bottle Capping Machines and Equipment 17.5. Medi-Pack Process and Technologies 17.6. Quick Capper 17.7. Spheretech Packaging India Private Limited 17.8. The CARY Company 17.9. Kunshan auxin industrial equipment co. ltd 17.10. ZHENGZHOU KING PACK LONG MACHINERY CO., LTD. 18. Assumptions & Acronyms Used 19. Research Methodology
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