Global cap applicators market is expected the market is expected to rise from US$1,133.8 mn in 2016 and to US$1,866.7 mn by 2024; to exhibit a 6.4% CAGR in terms of revenue over the period between 2016 and 2024
Albany, NY -- (SBWIRE) -- 03/08/2017 -- Global Cap Applicators Market: Scope and Methodology
This report provides forecast and analysis of the cap applicators market on the global and regional level. The study provides historic data of 2015 along with forecast from 2016 to 2024 based on volume (units) and revenue (US$ Mn). It comprises overview of packaging machinery market along with their key drivers. Further, it also includes drivers, restraints and the ongoing trend of the cap applicators market along with their impact on demand during the forecast period. The report also comprises the study of opportunities available in the market for cap applicators on the global and regional level. It also includes the detailed regional pricing analysis and value chain analysis with list of components producers and packaging machinery manufacturers in the value chain.
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In order to provide the users of this report with comprehensive view of market, we have included detailed competitiveness analysis and company players with unique selling propositions. The competitive dashboard provides detailed comparison of cap applicators manufacturers on parameters such as company's revenue, unique selling propositions and key strategic developments. The study encompasses market attractiveness analysis, by machine type, cap type, end-use, and region.
Global Cap Applicators Market: Segmentation
The report includes consumption of cap applicators and the revenue generated from sales of cap applicators in all regions and important countries in these regions. The machine segment comprises of present and forecast demand for automatic capping machines, semi-automatic capping machines and hand-held capping machines. The cap type segment comprises of demand for ROPP caps, screw caps, snap-on-caps, crown caps and corks. End-use industry segment comprises of demand for cap applicators in industries such as food & beverages, pharmaceutical, personal care, consumer products and others.
Market statistics have been estimated based on average consumption and weighted average pricing of three types of machines namely automatic capping machines, semi-automatic capping machines and hand-held capping machines by machine segment. Market size and forecast for each segment have been provided in the context of global and regional markets. Market size and forecast for each product segment have been provided in the context of global and regional markets. Market dynamics prevalent in China, North America, and Europe have been taken into account for estimating the growth of the global market. Market estimates for this study have been based on volume, with revenue being derived through regional weighted average price trends. The cap applicators market growth has been analyzed based on expected demand over long term and short term coupled with macro-economic, demand side and supply side factors.
Market data for each segment is based on demand volume and corresponding revenue. Prices considered for the calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers based on manufacturers' feedback and application requirement. All existing key end-users have been considered and potential in application areas have been arrived on the basis of secondary sources and feedback from primary respondents. Regional consumption patterns have been considered while estimating the market for various end-users of cap applicators or capping machines in different regions. Top-down approach has been used to estimate the cap applicators market by regions. Market numbers for global machine type, cap type, and end-use segments have been derived using the bottom-up approach, which is cumulative of each region's demand. Regional demand is the summation of sub-regions and countries within the target regions.
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A number of primary and secondary sources were consulted during the course of the study. Secondary sources include PMMI (The Association for Packaging and Processing Technologies) Institute of Packaging Machinery Manufacturers of India, Factiva, Packaging Digest, Pack World, Hoover's, and company annual reports and publications among many others.
Global Cap Applicators Market: Competitive Landscape
Key players in the global cap applicators market include Tetra Pak, Krones AG, Bosch Packaging Technology, Crowns Holdings Inc., Closure System International, Tecnocap Group, Federal Mfg. Co., E-PAK Machinery, Inc., Karmelle Liquid Filling & Capping Solutions Limited, Accutek Packaging Equipment Companies, Inc., IC FILLING SYSTEMS Ltd. Company profiles include attributes such as company overview, financial overview, business strategy, SWOT analysis, and recent developments.