Market Definition / Research Scope
A lid applicator machine is an automatic capping machine that puts lids on different types of containers. They are sometimes called slitting capping machines. Lid applicator machines are used in companies during packing. Lids are perfectly aligned with the grooves to ensure exact placement. When the top of the container comes to contact with the lid, it gets into an overhead power belt compression section. Here the lid is pressed into the containers rim and sealed into place.
Lid Applicator Machine Market size shall reach a value of $2x61.4 Million in 2031, growing with a CAGR of 12.13% during the forecast period of 2022 to 2031.
Lid applicator machines ensure that lids are well secured using cohesive and tuck-in styles. The machines use aluminum foil to prevent oxygen from getting into contact with contents which may result in contamination. Lid applicator machines can close round, square or rectangle lids depending on ones needs.
Lid applicator machines can be classified into three types; automatic, semi-automatic and manual. Most machines are automatic where the whole capping process is automated. They are relatively safe for people using them. Lid applicator machines save on labour costs, enhance large scale production and are easy to operate.
Lid applicator machines are used in manufacturing and processing industries for production of foods, drinks, pharmaceuticals, cosmetics and in dairy produce companies to ensure cleanliness is kept.
Lid Applicator Machine Market Growth and Trends
Here are some of the pertinent drivers and restraints which are likely to enhance the demand for lid applicator machines.
- Lid applicator equipment enables the packaging industry to efficiently place appropriate lid covers on their packs. This efficiency engenders a minimization of human errors and delivers incredible packaging of processed food, beverages, personal care and household items.
- The industrial markets anticipate a rise in the demand of lid applicator machinery due to a rapid development in the consumption of fizzy and carbonated beverages.
- The next few decades may witness an accelerated demand for lid applicator equipment due to the following factors:
- Decrease in operational timing of the equipment.
- Increase in the industrial capacity of production.
- Improvement in the overall equipment performance.
- Next, consumer’s preference for hygiene and cleanliness for personal consumption products catalyzes the peaking up demand for lid applicator machines. This may eventually enhance the entire lid applicator machine market in future.
- The propulsion of innovative packaging products is expected to accelerate the global potential market for lid applicator machines in the long run.
- Finally, the diary industry’s practice of adhering to strict protocols and regulations can substantially boost the market for lid applicator machines.
Potential Challenges to the Lid Applicator Machine Market
The lid applicator machine market is vulnerable to the below mentioned challenges:
- The high production expenditure of the lid applicator machines.
- High labour cost due to the requirement of skilled and technically efficient labour for its day-to-day operations.
- Both the aforementioned challenges hinder the worldwide production of lid applicator machines
Lid Applicator Machine Market Regional Analysis
Asia Pacific: A Giant in the Lid Applicator Machine Market
The worldwide lid applicator machine market is split into the following dedicated regions:
North America
Europe
Middle East
Africa
Asia Pacific
South America
• Out of the above, the Asia Pacific region commands over the lid applicator machine market. This is because of the Asian Pacific consumers and their preference for clean and hygienic luxurious personal care products.
• After the Asia Pacific region, North America has emerged as the second largest dominator in the lid applicator production industry.
• As per 2018 data, North America recruited technologically advanced lid applicator production manufacturers in the continent to bag the second global position in this industry.
Lid Applicator Machine Market Share and Competition
Many local, national and international players have tried their luck in the lid applicator machine market.
Owing to excessive competition, high demand, use of advanced technological apparatuses and incredible placement opportunities, the global market for lid applicator machines has attracted potential key players across the world.
Key companies operating in this industry are: ATP Engineering & Packaging S.L., Delkor Systems, Inc., Precision PMD, LanTech, LLC, Budé Group BV, Smurfit Kappa Group PLC, Kansan Makina Kagit Sanayi VE Ticaret Ltd Sirketi, GEA Group Aktiengesellschaft, Temcon Machinery Co., and Qcomp Technologies Inc.
Lid Applicator Machine Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Automation Type Analysis (Revenue, USD Million, 2022 - 2031)
• Automatic
• Semi-automatic
• Manual
Application Analysis (Revenue, USD Million, 2022 - 2031)
• Liquid Products
• Powdered Items
• Granular Products
Industry Analysis (Revenue, USD Million, 2022 - 2031)
• Food industry
• Beverage industry
• Beauty & Cosmetics industry
• Healthcare industry
• Household products
• Others
Region Analysis (Revenue, USD Million, 2022 - 2031)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Lid Applicator Machine Market Companies
• ATP Engineering & Packaging S.L.
• Delkor Systems, Inc.
• Precision PMD
• LanTech, LLC
• Budé Group BV
• Smurfit Kappa Group PLC
• Kansan Makina Kagit Sanayi VE Ticaret Ltd Sirketi
• GEA Group Aktiengesellschaft
• Temcon Machinery Co.
• Qcomp Technologies Inc.
Available Versions: -
United States Lid Applicator Machine Market Research Report
Europe Lid Applicator Machine Market Research Report
Asia Pacific Lid Applicator Machine Market Research Report
India Lid Applicator Machine Market Research Report
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