openPR Logo
Press release

Cap Applicators Market is Flourishing Food and Beverages Industry

Cap Applicators Market is Flourishing Food and Beverages

The global capping applicators market, similar to its parent industry of packaging machinery, is highly fragmented. However, the market is witnessing the rise of the trend of consolidation as key companies are increasingly following the course of strategic mergers and acquisitions with an aim of expanding their global footprint, observes a recent report by Transparency Market Research.

A large number of mergers and acquisitions are taking place across the globe, such as the September 2015 acquisition of Kliklok Woodman, a US based packaging machinery manufacturer by Bosch Packaging Technology.

Obtain Report Details:

The global cap applicators market is expected to exhibit a 6.4% CAGR in terms of revenue over the period between 2016 and 2024. As a result, the market is expected to rise from US$1,133.8 mn in 2016 and to US$1,866.7 mn by 2024.

In terms of machine type, automatic capping machines are expected to remain the most lucrative ones, with the segment accounting for over 87% of the global market by 2024.

In terms of geography, the market in Asia Pacific is expected to retain its position as the dominant contributor to the global market’s revenue throughout the forecast period. In 2016, the regional market is expected to account for a share of 34.6% in the global market.

Flourishing Food and Beverages Industry to Drive Demand for Cap Applicators

The global food and beverages industry has shown an exponential growth over the last few years. The industry accounts for nearly 55% of the packaging industry and thus plays a major role in aiding many changes in the way the packaging industry develops or adopts a new technology.

The food and beverages industry has also been a key driver of the recent technological advancements observed in packaging machinery such as combo-machines of rinsing, liquid fillers, and capping.

Backed with vast growth prospects, which assure of a good run in the near future as well, the food and beverages industry will be a key determinant of the global capping applicators market over the forecast period.

Make Enquiry @

The ongoing trend of product manufacturers to launch new configurations and versions of caps and closures in packaging of their products is also expected to stimulate the demand for new cap applicators capable of accommodating the changes.

While many existing capping machines are able to handle the newly adopted cap and closure designs with only minor amendments, a vast number and variety of older models fail to adhere to the changes and therefore require replacement.

Consistent with the pattern of recent years, the packaging industry will be willing to change according to the shifting preferences of their clients, leading to a significant rise in demand for new capping machineries across the globe.

Rising Demand for Refurbished/Used Capping Machines to Affect Market Negatively

Realization of the fact that used or refurbished capping machines are a plausible alternative to purchasing new machines has shifted the inclination of small scale industry manufacturers and packaging companies towards refurbished or used machines lately. Naturally, this factor is negatively affecting the volume of sales of new capping machines in the global market.

Adding to the concerns of the global cap applicators market is the fact that cap applicator machines have a long workable life cycle. Although this is an added benefit for the end-users of these machines, it also poses a threat for cap applicator machine manufacturers.

The long workable lifecycle of cap applicators can affect the overall profitability by resulting in lower sales volumes. This scenario is expected to significantly hinder the overall growth prospects of the cap applicators market in the long run.

Get TOC @

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cap Applicators Market is Flourishing Food and Beverages Industry here

News-ID: 834910 • Views: 116

More Releases from Transparency Market Research

Fuel Dispenser Market - Global Industry Analysis, Size, Share, Growth, Trends, a …
Albany, NY - Fuel Dispenser Market: Introduction In terms of value, the global fuel dispenser market is expected to reach ~US$ 2 Bn by 2030, expanding at a CAGR of ~4% during the forecast period. Based on volume, the global fuel dispenser market is estimated to reach 662,058 units by 2030, expanding at a CAGR of ~4% during the forecast period. In terms of type, the submersible system segment holds leading
Brazil Flavored and Functional Water Market Outlook, Gains Traction, Analysis An …
According to the report, the market will exhibit an impressive CAGR of 7.3% during the projection period. With this rate of growth, by the end of 2024, the market will be valued around US$9.4 bn. It is a considerable growth from the initial valuation recorded at US$5 bn in 2015. A new report by Transparency Market Research expects the Brazil flavored functional water market to grow at considerable pace over
Advantame Market Trends , Incredible Growth Opportunities, Volume, Value Growth …
Increasing health issues among the population led to an increase in the demand for non-caloric sweetener. In the global food and beverage market, the demand for advantame is on rising owing to its non-caloric sweetener properties. Advantame is one of the most recent, high potency low-calorie sweeteners to arrive in the food and beverage market with clean sugar-like the taste. The rising consumption of unhealthy/ comfort sugary food with high calories
Trends in the Feed ingredients - Outlook, Share and Opportunities in Grooming Re …
Escalating demand for high nutritional value meat is one of the major factor driving the growth of global feed ingredients market. In the global meat products market, safety is one of the major concern among meat manufacturers owing to stringent rules laid by government organizations during the handling, procurement, processing, storage, and distribution of animal products. The inclusion of high nutritive value feed ingredient into animal feed results in more

All 5 Releases

More Releases for Cap

Global Shower Cap Market Research Report 2017
Report Hive Market Research Released a New Research Report of 121 pages on Title " Global Shower Cap Market Research Report 2017 "with detailed Analysis, Forecast and Strategies. A shower top (otherwise called a shower top) is a cap worn while showering or washing to shield hair from getting to be noticeably wet. On the other hand, shower tops for kids can be crowns with wide overflows that keep water and
Global Hats Market 2017 - Chautuan, TTD, Berman, Cap BAIRY, Henschel, Headwear, …
In this report, the global Hats market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Request For Sample Report @ Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Hats in these regions, from 2012 to
Global Shower Cap Market Research Report 2017
This report studies Shower Cap in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Tourel Xinhengrun Yijia Liangyi CHUN YING ENTERPRISE Oppeal Xianmeng protective commodity Xinheyuan Plastic Puyang Qiyue Housewares TOWA Keman Vagabond The Morris Design Group Dilly Daydream EQUIP Request Sample Report: Huabao plastic Products MOZI Hubei Huanfu Plastic Louvelle Kimirica Betty Dain Creations Goody Showerista Ebonicurls FlorBella Boutique SilkyWraps Jessie Steele ZAZZ Market Segment by Regions, this report splits Global into several key
Cova-Cap® is the Original Bouffant Cap
Concord, Ontario Feb 25: Made of 100% non-woven polypropylene, the Ronco Cova-Cap® is a unique accordion style cap that is a pioneer in hair retention products. The unique accordion style of cap makes it foldable at the snap of your wrist. A traditional bouffant cap cannot be reused once taken off but with Cova-cap you have the advantage of using the same cap over multiple breaks and shifts. The Ronco Cova-Cap®
OTTAWA, KAN. – ATC Truck Covers, the country’s leading manufacturer of customizable truck caps and lids, is pleased to announce that it is renaming its lineup of truck caps. ATC Truck covers is renaming its cab high truck cap, the “LED,” to the “Stealth.” The company’s larger truck cap with more clearance space, the “1600 Series,” will be renamed the “Survivor.” ATC Truck Covers will be showcasing the truck caps
New dynamic nanopositioning stage nanoSX 800 CAP
piezosystem jena provides with the nanoSX 800 CAP a new single axis micropositioning and nanoscanning stage. The system provides unparalleled scanning and stroke capabilities of 800 µm in open loop and 640 µm in closed loop. An integrated capacitative sensor system eliminates hysteresis and drift, and enables extremely high stability, linearity, and repeatability in closed-loop operation. Due to a special mechanical FEA-optimized design, the actuator has the highest dynamical features