Cap Applicators Market 2017–2027
A cap applicator is closing equipment that is used to seal different types of packages such as bottles and other containers. Different cap applicators are available in the market for different closures with different designs and sizes. They are mainly used to seal bottles filled with dairy or liquid products. The capping equipment can be classified into three categories which include, semi-automatic capping machines, automatic capping machines, and handheld capping machines. Food & beverage, pharmaceuticals, personal care, consumer products, and others (chemical products, automotive fluids) are some of the major end-user of the cap applicator.
The global cap applicators market is projected to reach around US$ 2.2 billion by the end of 2027, in terms of revenue, growing at CAGR of 6.3% during the forecast period (2019-2027).
Drivers
The growing food and beverage industry with the growing demand for packaged food products is expected to propel the market growth of the cap applicator over the forecast timeframe. Cap applicator is used to packaged beverages and other food products in order to maintain the freshness until the time of opening. According to the India Brand Equity Foundation, the Indian food processing industry accounts for 32 percent of the country’s total food market, one of the largest industries in India and is ranked fifth in terms of production, consumption, export and expected growth.
The booming packaging industry, especially across developing countries, is projected to augment the market growth of the cap applicator over the forecast timeframe. According to the Coherent Market Insights analysis, plastics caps & closures accounted for 74% of the global packaging industry sales which is projected to be the fastest-growing packaging material due to the manufacturer's preference in ease of processing and consumer preference for safety and convenience. Hence, the growing packaging industry is expected to foster the market growth of the cap applicator.
On basis of the region, Asia Pacific region has dominated the global cap applicators market in 2018, accounting for 34.8% share in terms of value, followed by Europe and North America respectively.
Figure 1. Global Cap Applicators Market, Revenue Share (%), By Region, 2018
Market Restraints
Long-life cycle & low replacement rate for cap applicators is expected to impact the profitability of the manufacturer resulting in lower sales volume for packaging manufacturers. Hence, this factor is projected to hinder the overall sales of cap applicators, in the long run, thereby hindering the market growth of the cap applicator.
The availability of other packaging technology for the packaging of the product is expected to impede market growth. Packaging system which does not require capping and also offer freshness to the product such as tubes, cans, etc. is anticipated to restrict the market growth of cap applicators over the forecast period.
Market Opportunities
The growing adoption of caps and closure in the pharmaceutical industry for sealing the pharma product is expected to accelerate the market growth of the cap applicator. Caps and closure offer a completely humetic seal and effective microbiological seal which helps to prevent the contamination of the medical products. Thus, the rising demand for cap and closure from the pharmaceutical industry will favor market growth over the forecast period.
Increasing usage of caps and closure systems for packaging of personal care & cosmetic products is expected to foster the market growth of the cap applicator. New designed of closure can easily attract customer attention due to captivating design and also ensure ease of use. Caps and closure are widely used to seal the conditioners, shampoos, and lotions. Hence, the growing demand from the personal care industry is expected to propel the market growth of the cap applicator.
Figure 2. Global Cap Applicators Market– Opportunity Analysis
Market Trends
The growing demand for cap and closure from the chemical industry for packaging of mild or harsh chemicals such as solvents, thinner, etc. is expected to propel the market growth of cap applicator. caps and closure offer leaking of hazardous chemicals during transportation and hence are gaining huge demand in terms of protective measures in order to prevent the accident that can cause due to highly volatile chemicals.
The growing focus of caps and closure manufacturer to introduce new and advanced closure system is projected to foster the market growth of cap applicator over the forecast period. For instance, in November 2017, LINDAL Group, a provider in aerosol packaging, has launched FlipClassic, an insert-less actuator with an integrated cap as a compelling alternative to more costly twist-lock actuators. FlipClassic is a highly cost-efficient and ergonomically appealing design ideal for regional brands and contract fillers in competitive and promising market sectors such as the personal care market.
Figure 3. Global Cap Applicators Market, Revenue Share (%), By Cap Type, in 2018
On the basis of cap type, in 2018, roll on pilfers proof (ROPP) caps has accounted the largest market share of 42.3% in terms of value, followed by screw caps and crown caps respectively.
Figure 4. Global Cap Applicators Market – Value Chain Analysis
Competitive Section:
Key players operating in global cap applicator market are Tetra Pak, Crown Holdings, Closure System International, Krones AG, Tecnocap Group, Federal Mfg. Co., E-PAK Machine Type, Inc., Karmelle Liquid Filling & Capping Solutions Limited, Bosch Packaging Technology, Accutek Packaging Equipment Companies, Inc., and IC FILLING SYSTEMS Ltd.
Few Recent Developments
Tetra Pak
- In February 2015, Crown Holdings Inc. announced the acquisition of EMPAQUE, a Mexico-based company that manufactures bottle caps and glass bottles for the beverage industry
A cap applicator is a closing tool that is used for closing or sealing packages such as food & beverages package, cosmetic & personal care packages and pharmaceutical packages. There are different types of cap applicators available in the market of different designs and sizes. Moreover, the packaging industry is expected to witness significant growth in coming years, owing to increasing adoption of automation capabilities in capping machines.
Market Dynamics
The global cap applicators market has witnessed significant growth in recent past years, owing to the rising demand for cap applicator closure tool among food & beverages industry. Based on cap type, the global cap applicators market is bifurcated in roll on pilfers proof (ROPP) caps, screw caps, snap-on caps, and crown caps. Among these cap types, the roll on pilfers proof (ROPP) caps dominated the global cap applicators market in 2018, owing to the increasing use of the roll on pilfers proof (ROPP) caps in the food & beverages and pharmaceutical industries. Moreover, roll on pilfer proof caps are light weight and recyclable. This factor is estimated to foster the market growth during the forecast period.
Based on machine type, the global cap applicators market is segmented into automatic capping machines, semi-automatic capping machines and hand-held capping machines. Among these segments, automatic capping machines dominated the global cap applicators market in 2018, owing to increase in demand for packaged foods consumers. Furthermore, the automatic capping machine is flexible, durable and it works with different types of containers. This factor is expected to boost growth of the global cap applicators market during the forecast period.
Furthermore, Asia Pacific region dominated the global cap applicators market in 2018, owing to the growing applications of cap applicator packaging in various industries such as food & beverages, pharmaceutical and home care in this region. As a result, this scenario is estimated to foster the growth of global cap applicators market during the forecast timeframe.
Key features of the study:
- This report provides in-depth analysis of the global cap applicators market, market size (US$ Billion and Million Units), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2019–2027).
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, cap applicator products, regional outlook, and competitive strategy adopted by the leading players.
- Key companies covered as a part of this study includes Tetra Pak, Crown Holdings, Closure System International, Krones AG, Tecnocap Group, Federal Mfg. Co., E-PAK Machine Type, Inc., Karmelle Liquid Filling & Capping Solutions Limited, Bosch Packaging Technology, Accutek Packaging Equipment Companies, Inc., and IC FILLING SYSTEMS Ltd.
- It profiles leading players in the global cap applicators market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
- The global cap applicators market report caters to various stakeholders in this industry, including investors, product developers, distributors, cap applicator companies, research institutes, new entrants, and financial analysts.
- Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the global cap applicators market.
Market Taxonomy
- Global Cap Applicators Market, By Machine Type:
- Automatic Capping Machine
- Semi-automatic Capping Machine
- Hand-held Capping Machines
- Global Cap Applicators Market, By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- Global Cap Applicators Market, By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Global Cap Applicators Market, By Geography:
- North America
- U.S.
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Canada
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Europe
- U.K.
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Germany
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Italy
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- France
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Spain
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Nordic
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Benelux
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Russia
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Poland
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Rest of Europe
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Asia Pacific
- China
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- India
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Japan
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- ASEAN
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- South Korea
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Rest of Asia Pacific
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Latin America
- Brazil
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Mexico
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Rest of Latin America
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Middle East & Africa
- GCC
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- South Africa
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Rest of Middle East & Africa
- By Machine Type:
- Automatic Capping Machines
- Semi-automatic Capping Machines
- Hand-held Capping Machines
- By Cap Type:
- Roll On Pilfer Proof (ROPP) Caps
- Screw Caps
- Snap-On Caps
- Crown Caps
- By End-use:
- Food & Beverages
- Pharmaceutical
- Personal Care
- Consumer Products
- Others (Chemical Products, Automotive Fluids)
- Company Profiles
- Tetra Pak *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Crown Holdings
- Closure System International
- Krones AG, Tecnocap Group
- Federal Mfg. Co., E-PAK Machine Type, Inc.
- Karmelle Liquid Filling & Capping Solutions Limited
- Bosch Packaging Technology
- Accutek Packaging Equipment Companies, Inc.
- IC FILLING SYSTEMS Ltd.
“*” marked represents similar segmentation in other categories in the respective section
