Press release
Handheld Induction Cap Sealers Market: Industry Size, Share, Growth, Forecasts 2017 - 2025
The objectives of this study are as follows:
To define, describe, and forecast the "Handheld Induction Cap Sealers" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Global handheld induction cap sealers market: Introduction
Packaging in today’s world demands a multi-functional approach for product design. Manufacturers are compelled to innovate in terms of product design, with an aim to reduce overall cost, and yet score high in terms of consumer acceptance and satisfaction. One of the key features that consumers consider as the criteria for product selection is safety. Growth in adoption of on-the-go lifestyle has led to growing concerns about the safety of the products. Induction cap sealers are equipment which an aluminium foil disc is sealed on the mouth of a bottle. Handheld induction cap sealers provide accurate and economical sealing. Attributed to the robust nature of a handheld induction cap sealer, the sealing process is compatible with a wide range of settings. Handheld induction cap sealers fall behind their automated counterparts in terms of number of caps sealed per minute. However, they have high preference among the many small and medium-sized production facilities, which far outnumber the larger ones. Handheld induction cap sealers are also used in large production facilities as a backup tool. The global handheld induction caps sealers market is expected to witness moderate growth over the forecast period, and have a largely positive outlook.
Global handheld induction cap sealers market: Dynamics
The global handheld induction cap sealers market is expected to grow on the backdrop of growth in tamper evident packaging solutions. Handheld induction cap sealers are used in a wide range of industries such as the food & beverage industry, and pharmaceutical industry, among others. Handheld induction cap sealers are an ideal choice to cater to the growing demand for tamper-evident packaging solutions which prevent pilferage, enhances the shelf life of the product, and ensures maximum customer satisfaction. Global demand for tamper evident packaging is expected to grow steadily over the forecast period (2017-2025), due to various incidents in the past (The Tylenol scandal in 1982 that led to 7 fatal cases of food poisoning). This has led to panic-buying of only tamper-evident products. The global food & beverage packaging industry has also picked up on tamper evident packaging. The global food & beverage packaging industry is categorized by the presence of several small, medium, and large players. Therefore, handheld induction cap sealers are expected to face sizeable demand from the food & beverage packaging industry. Growing use of PET bottles for the consumption of soft drinks and bottled water is also expected to boost demand for handheld induction cap sealers over the forecast period. The growth of automated induction cap sealers might hamper the growth of the global handheld induction cap sealers market over the forecast period.
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Global handheld induction cap sealers market: Segmentation
The global handheld induction cap sealers market is segmented as:
On the basis of application, the global handheld induction cap sealers market is segmented as –
Bottled water
Food & beverages
Nutraceuticals
Petro chemical products
Herbicides/Pesticides
Lubricating Oil
Dairy Products
Others
On the basis of end use industry, the global handheld induction cap sealers market is segmented as –
Food & Beverages industry
Chemicals & Fertilizers industry
Personal Care & Cosmetics industry
Pharmaceutical industry
Others
Global handheld induction cap sealers market: Geographical Outlook
On the basis of geography, the global handheld induction cap sealers market is broadly divided into seven key regions –
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APeJ)
Middle East & Africa (MEA)
Japan
Global handheld induction cap sealers market: Key Players
Few of the key players operating in the global induction cap sealers market are - New Vimko Plastics, Enercon Industries Corporation, and Pillar Technologies, Inc., among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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