Hand-held capping machines are used for efficiently capping the bottle in such a manner that the liquid inside the container is protected during handling and shipping. These machines facilitate the bottling process and helps to increase the production output. The applications where the hand-held capping machines are used includes the industries where the products are packed in bottles which include drinking water, beverages, perfumes, foods and sauces, disinfectants, personal care products, pharmaceuticals, chemicals, plastics and others.
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., 2020-2028. 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.
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. CLICK TO DOWNLOAD SAMPLE REPORT
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.
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.
Our in-depth analysis of the global hand-held capping machines market includes the following segments:
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. The market for hand-held capping machines in North America is anticipated to hold the largest share on account of presence of leading market players in the region which manufactures and markets hand-held capping machines. Moreover, the advancement in technology and innovation observed in the packaging equipment in this region further increases the product demand. 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.
The global hand-held capping machines market is further classified on the basis of region as follows:
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