[250 Pages Report] The packaging suction cups market is likely to register a CAGR of 6.8% during the forecast period of 2022 to 2032. And the global packaging suction cups market share is anticipated to reach a value of up to US$ 16.22 Billion in 2032, from US$ 8.4 Billion in 2022.
Over the years, packaging suction cups market has been embracing automation to increase productivity, propelled further by rising popularity of smart labels and digital printing for packaging.
As demand for packaging suction cups machinery that performs all functions, from forming packaging products to labelling and wrapping, companies are engaging in the development of efficient and advanced packaging machines.
Attributes | Details |
---|---|
Packaging Suction Cups Market (CAGR) | 6.8% |
Packaging Suction Cups Market (2022) | US$ 8.4 Billion |
Packaging Suction Cups Market (2027) | US$ 11.67 Billion |
With greater emphasis on minimizing human intervention in the packing industry, vacuum cups or suction cups have created a buzz, hence escalating the sales of packaging suction cups. It enables easy handling of bags & boxes and complex-shaped products reliably in an automated process creating greater demand for packaging suction cups regardless other cheap materials, goods, and fills levels.
Growing adoption of automated process in packaging industry is expected to significantly contribute to the sales of packaging suction cups by decreasing the cost of unit production. Often used as grippers in automated handling applications, suction cups are finding increasing applications in food & beverage and pharmaceutical packaging which has increase the sales of packaging suction cups even further.
The COVID-19 pandemic has had an influence on a number of businesses. In addition to this impact, the COVID Pandemic has created a few new business prospects for the packaging suction cups market share. Due to the epidemic, the whole readymade food market got disrupted consequently severely impacting the sales of packaging suction cups in the retail market.
However, the interruption of the supply chain caused by the pandemic is expected to have some limiting impacts on the packaging suction cups market share growth throughout the forecast period.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Manufacturers contributing to the worldwide packaging suction cups market remain focused on improving the functionality and suitability of suction cups to all shapes and sizes of packaging products. In order to set their product unique in the market along with boosting sales of packaging suction cups most of the market players are experimenting with innovative materials.
In addition to adopting product-level innovation strategy, manufacturers of packaging suction cups, catering to the packaging industry, are focusing on identifying and leveraging white spaces in application of their products that has also surged the demand for packaging suction cups in the global market.
For instance, as flexible packaging continues to gain momentum in a number of industries, especially the F&B sector, manufacturers are targeted towards developing advanced vacuum cups that align with flexible packaging process. Development of suction cups with FDA approved materials for the packaging industry also remains a key focus area of the packaging suction cups market players.
With the growing cosmetics and wellness sector, as well as increased R&D and new product launches by major competitors are the expected to boost the packaging suction cups market share in the coming days.
North America and Europe’s packaging suction cups markets share is projected to remain at the forefront, attributing to strong presence of manufacturers with greater access to advanced technology, and growing rate of automation in the industry. Growth prospects of the packaging suction cups market share are expected to remain high in the developed countries as well, such as in United States, Germany, France, Italy, and Australia.
High growth opportunities are also expected in East Asia countries, especially China, owing to growing automation in its industries. Ever-rising demand for FMCGs and pharmaceuticals in the region is projected to work for the advantage of the market players by escalating the demand for packaging suction cups.
Adams Manufacturing Corporation, All-Vac Industries, Inc., ANVER Corporation, Coval Inc., J. Schmalz GmbH, Piab AB, VacMotion Inc., Vi-Cas Manufacturing Company, and William B. Rudow, Inc. are the prominent competitors mentioned in the packaging suction cups market survey.
Recent Developments in the Packaging Suction Cups Market
Report Attribute | Details |
---|---|
Growth rate | CAGR of 6.8% from 2022 to 2032 |
Base year for estimation | 2021 |
Historical data | 2015 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 | by Product Type, by Application, by End Use, by Material Type, and by 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, UK, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa |
Key companies profiled | Adams Manufacturing Corporation; All-Vac Industries; Inc.; ANVER Corporation; Coval Inc.; J. Schmalz GmbH; Piab AB; VacMotion Inc.; Vi-Cas Manufacturing Company; and William B. Rudow; Inc. |
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. |
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The packaging suction cups market is anticipated to register a CAGR of 6.8% during the forecast period.
The packaging suction cups market share is anticipated to reach US$ 14.22 Billion by 2030.
Demand for packaging suction cups is expected to expand as it adopts automation to boost productivity.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Macro Factors and Forecast Factors
3.4. Value Chain Analysis
3.4.1. Profit Margin Analysis
3.4.2. Raw Material Suppliers
3.4.3. Manufacturers, Wholesalers and Distributors
3.4.4. End Users/ Customers
3.5. Regional Parent Market Outlook
3.6. Production and Consumption Statistics
3.7. Global Average Pricing Analysis Benchmark
4. Global Packaging Suction Cups Market Analysis 2015-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2015-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Packaging Suction Cups Market Analysis 2015–2021 and Forecast 2022–2032, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis by Product Type, 2015-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast by Product Type, 2022-2032
5.3.1. Flat
5.3.2. Bellow
5.4. Y-o-Y Growth Trend Analysis by Product Type, 2015-2021
5.5. Absolute $ Opportunity Analysis by Product Type, 2022-2032
6. Global Packaging Suction Cups Market Analysis 2015–2021 and Forecast 2022–2032, By Material
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis by Material, 2015-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast by Material, 2022-2032
6.3.1. Plastic
6.3.2. Silicone
6.3.3. Rubber
6.4. Y-o-Y Growth Trend Analysis by Material, 2015-2021
6.5. Absolute $ Opportunity Analysis by Material, 2022-2032
7. Global Packaging Suction Cups Market Analysis 2015–2021 and Forecast 2022–2032, By End Use
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis by End Use, 2015-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast by End Use, 2022-2032
7.3.1. Food & Beverages
7.3.2. Personal Care & Cosmetics
7.3.3. Pharmaceuticals
7.3.4. Electronics & Electricals
7.3.5. Logistics & Transportation
7.4. Y-o-Y Growth Trend Analysis by End Use, 2015-2021
7.5. Absolute $ Opportunity Analysis by End Use, 2022-2032
8. Global Packaging Suction Cups Market Analysis 2015–2021 and Forecast 2022–2032, By Region
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis by Region, 2015-2021
8.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast by Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. East Asia
8.3.5. South Asia
8.3.6. Oceania
8.3.7. Middle East and Africa (MEA)
8.4. Market Attractiveness Analysis, by Region
9. North America Packaging Suction Cups Market Analysis 2015–2021 and Forecast 2022–2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021
9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Product Type
9.2.3. By Material
9.2.4. By End Use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product Type
9.3.3. By Material
9.3.4. By End Use
9.4. Key Takeaways
10. Latin America Packaging Suction Cups Market Analysis 2015–2021 and Forecast 2022–2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021
10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Argentina
10.2.1.4. Chile
10.2.1.5. Peru
10.2.1.6. Rest of Latin America
10.2.2. By Product Type
10.2.3. By Material
10.2.4. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product Type
10.3.3. By Material
10.3.4. By End Use
10.4. Key Takeaways
11. Europe Packaging Suction Cups Market Analysis 2015–2021 and Forecast 2022–2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021
11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. Italy
11.2.1.3. France
11.2.1.4. U.K.
11.2.1.5. Spain
11.2.1.6. BENELUX
11.2.1.7. Nordic
11.2.1.8. Russia
11.2.1.9. Poland
11.2.1.10. Rest of Europe
11.2.2. By Product Type
11.2.3. By Material
11.2.4. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product Type
11.3.3. By Material
11.3.4. By End Use
11.4. Key Takeaways
12. East Asia Packaging Suction Cups Market Analysis 2015–2021 and Forecast 2022–2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021
12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Product Type
12.2.3. By Material
12.2.4. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product Type
12.3.3. By Material
12.3.4. By End Use
12.4. Key Takeaways
13. South Asia Packaging Suction Cups Market Analysis 2015–2021 and Forecast 2022–2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021
13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Thailand
13.2.1.3. Malaysia
13.2.1.4. Indonesia
13.2.1.5. Rest of South Asia
13.2.2. By Product Type
13.2.3. By Material
13.2.4. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Product Type
13.3.3. By Material
13.3.4. By End Use
13.4. Key Takeaways
14. Oceania Packaging Suction Cups Market Analysis 2015–2021 and Forecast 2022–2032, By Country
14.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021
14.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032
14.2.1. By Country
14.2.1.1. Australia
14.2.1.2. New Zealand
14.2.2. By Product Type
14.2.3. By Material
14.2.4. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Product Type
14.3.3. By Material
14.3.4. By End Use
14.4. Key Takeaways
15. Middle East & Africa Packaging Suction Cups Market Analysis 2015–2021 and Forecast 2022–2032, By Country
15.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021
15.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. Turkey
15.2.1.3. Northern Africa
15.2.1.4. South Africa
15.2.1.5. Rest of MEA
15.2.2. By Product Type
15.2.3. By Material
15.2.4. By End Use
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Product Type
15.3.3. By Material
15.3.4. By End Use
15.4. Key Takeaways
16. Country wise Packaging Suction Cups Market Analysis
16.1. United States (U.S.)
16.1.1. Market Share Analysis, 2022
16.1.2. By Product Type
16.1.3. By Material
16.1.4. By End Use
16.2. Canada
16.2.1. Market Share Analysis, 2022
16.2.2. By Product Type
16.2.3. By Material
16.2.4. By End Use
16.3. Brazil
16.3.1. Market Share Analysis, 2022
16.3.2. By Product Type
16.3.3. By Material
16.3.4. By End Use
16.4. Mexico
16.4.1. Market Share Analysis, 2022
16.4.2. By Product Type
16.4.3. By Material
16.4.4. By End Use
16.5. Germany
16.5.1. Market Share Analysis, 2022
16.5.2. By Product Type
16.5.3. By Material
16.5.4. By End Use
16.6. Italy
16.6.1. Market Share Analysis, 2022
16.6.2. By Product Type
16.6.3. By Material
16.6.4. By End Use
16.7. France
16.7.1. Market Share Analysis, 2022
16.7.2. By Product Type
16.7.3. By Material
16.7.4. By End Use
16.8. Spain
16.8.1. Market Share Analysis, 2022
16.8.2. By Product Type
16.8.3. By Material
16.8.4. By End Use
16.9. U.K.
16.9.1. Market Share Analysis, 2022
16.9.2. By Product Type
16.9.3. By Material
16.9.4. By End Use
16.10. Russia
16.10.1. Market Share Analysis, 2022
16.10.2. By Product Type
16.10.3. By Material
16.10.4. By End Use
16.11. China
16.11.1. Market Share Analysis, 2022
16.11.2. By Product Type
16.11.3. By Material
16.11.4. By End Use
16.12. Japan
16.12.1. Market Share Analysis, 2022
16.12.2. By Product Type
16.12.3. By Material
16.12.4. By End Use
16.13. India
16.13.1. Market Share Analysis, 2022
16.13.2. By Product Type
16.13.3. By Material
16.13.4. By End Use
16.14. GCC Countries
16.14.1. Market Share Analysis, 2022
16.14.2. By Product Type
16.14.3. By Material
16.14.4. By End Use
16.15. Australia
16.15.1. Market Share Analysis, 2022
16.15.2. By Product Type
16.15.3. By Material
16.15.4. By End Use
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Region
17.3.2. By Product Portfolio
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Adams Manufacturing Corporation
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments (Product/Channel/Region)
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. All-Vac Industries, Inc.
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments (Product/Channel/Region)
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. ANVER Corporation
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments (Product/Channel/Region)
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. Coval Inc.
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments (Product/Channel/Region)
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. J. Schmalz GmbH
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments (Product/Channel/Region)
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. Piab AB
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments (Product/Channel/Region)
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. VacMotion Inc.
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments (Product/Channel/Region)
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Vi-Cas Manufacturing Company
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments (Product/Channel/Region)
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. William B. Rudow, Inc.
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments (Product/Channel/Region)
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. AIRBEST (CHANGXING) TECHNOLOGY CO., LTD.
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments (Product/Channel/Region)
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
18.1.11. VMECA Co., Ltd.
18.1.11.1. Overview
18.1.11.2. Product Portfolio
18.1.11.3. Profitability by Market Segments (Product/Channel/Region)
18.1.11.4. Sales Footprint
18.1.11.5. Strategy Overview
18.1.11.5.1. Marketing Strategy
18.1.11.5.2. Product Strategy
18.1.11.5.3. Channel Strategy
18.1.12. VUOTOTECNICA® S.r.l.
18.1.12.1. Overview
18.1.12.2. Product Portfolio
18.1.12.3. Profitability by Market Segments (Product/Channel/Region)
18.1.12.4. Sales Footprint
18.1.12.5. Strategy Overview
18.1.12.5.1. Marketing Strategy
18.1.12.5.2. Product Strategy
18.1.12.5.3. Channel Strategy
19. Assumptions and Acronyms Used
20. Research Methodology
Explore Packaging Insights
View Reports