Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Hand-Held Capping Machines Market size was valued at USD 304.63 million in 2024 and is likely to cross USD 494.7 million by 2037, registering more than 3.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of hand-held capping machines is estimated at USD 314.47 million.
As the technology is growing at rapid rate, there are several hand-held capping machines available in market which reduces the time and effort and also improves the accuracy in bottle capping. Driven by the digital integrated capping technology, the hand-held capping machines market is anticipated to record a significant CAGR over the forecast period, i.e., 2024-2036.
Hand-Held Capping Machines Sector: Growth Drivers and Challenges
Growth Drivers
Increasing Demand for Packaged Drinking Water and Beverages to Boost the Market Growth
Since the requirements for packaged drinking water and beverages are continuously increasing, there is a rise in the demand for machines to facilitate the capping process more quickly and easily. According to International Bottled Water Association (IBWA), in 2017, bottled water volume grew to 13.7 billion, a 7 percent increase over the previous year and bottled water sales totaled $18.5 billion, an increase of 8.8 percent. Innovated hand-held capping machines are being developed which can meet the increased demand from packaging industries. This is anticipated to significantly expand the global hand-held capping machines market over the years.
Innovations in Packaging Technologies to Drive the Market Growth
Diversified products are being packaged into the bottled containers owing to the new advancements in packaging technologies. The bottled containers also serve the purpose of maintaining the quality of product and increase its shelf life. Such factors are anticipated to drive the growth of the global hand-held capping machines market over the forecast period.
Challenges
High Costs and Complexity in Capping Operations
Despite the improving technology, there are lot of complexities involved in capping operations on account of size discrepancies between machine and cap. Additionally, the high cost of hand-held capping machines is not affordable to small-scale manufacturers which is estimated to hinder the growth of global hand-held capping machines market in the future.
Hand-Held Capping Machines Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
3.8% |
|
Base Year Market Size (2024) |
USD 304.63 million |
|
Forecast Year Market Size (2037) |
USD 494.7 million |
|
Regional Scope |
|
Hand-Held Capping Machines Segmentation
The market is segmented by driven input into electric and non-electric. Among these segments, the non-electric segment is anticipated to hold the leading share in the market on account of its low costs, more torque and higher rpm range. The electric based segment, on the other hand, is anticipated to grow at the highest rate in the hand-held capping machines market owing to its provision of precise control and positioning of machine as well as its low operating and maintaining costs.
Our in-depth analysis of the global market includes the following segments
|
By Size |
|
|
By Cap Range |
|
|
By Torque Range
|
|
|
By Driven Input
|
|
|
By End User
|
|
Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.
Customize this ReportHand-Held Capping Machines Industry - Regional Synopsis
On the basis of regional analysis, the global hand-held capping machines market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is likely to hold largest revenue share by 2037, impelled by advancement in technology and innovation observed in the packaging equipment in the region. Moreover, the market in Asia Pacific region is predicted to grow at the highest rate during the forecast period as a result of increasing food, beverages, pharmaceutical and other related industries in the region. These emerging industries along with better availability of labor and raw material further raise the demand for hand-held capping machines.
Companies Dominating the Hand-Held Capping Machines Landscape
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Automation Devices, Inc. (SWAN-MATIC)
- Kinex Cappers®, LLC
- ACCUTEK Packaging Equipment Companies, Inc.
- Quick Capper
- The Cary Company
- Spheretech Packaging India Private Limited
- Medi-Pack Process & Technologies
APACKS Packaging, Inc.
In the News
Author Credits: Abhishek Anil
- Report ID: 748
- Published Date: Dec 23, 2024
- Report Format: PDF, PPT
