[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.
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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. |
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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
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