Cap applicators, also referred to as capping machines which are used to seal bottles filled with liquid products. Cap applicator keeps the container closed in order to maintain the freshness of the product for a specific period before opening the container. Cap applicator provides the barrier to oxygen, dirt, moisture, and other foreign particles to different types of products such as food and chemicals. Moreover, cap applicators offer easy dispense and use of the product and they can be classified on the basis of caps into roll on pilfer proof (ROPP) caps, snap-on caps, crown caps, screw caps, and corks. On the basis of machine type, the cap applicator can be categorized into automatic capping machines, semi-automatic capping machines, and handheld capping machines.
The global cap applicators market is estimated to account for slightly less than US$ 1.2 billion in terms of value in the year 2018 and it predicted to grow at a CAGR of 6.3% during the forecast period (2019-2027)
Rising implementation of strict regulation regarding the proper packaging across developing countries such as China and India is expected to positively impact the packaging machinery like cap applicators. Such regulations are highly focused on the prevention of contamination in order to maintain the quality of the product. In India, food & beverage manufacturers need to abide by government regulatory norms – the Prevention of Food Adulteration Act, 1954, wherein food and beverages products need to be stored in a compatible environment to prevent contamination and adulteration.
Increasing adoption of new cap applicators that can withstand changes in configuration, designing, and other features of new version caps and closures is expected to offer new growth opportunities to the market of cap applicator. For example, tamper-evident aseptic container closures, corks for wine bottles and pumps, and flip seal crown caps are some of the advanced caps and closures adopted by manufacture. Hence, rising adoption of such advanced cap and closure is expected to propel the market growth.
Growing demand for refurbished/ reused machines which are the best alternative of costly new machines is expected to restrict the market growth of the cap applicator. Also, small scale industry manufacturers are more inclined towards refurbished or reused machines as they are available at affordable prices. This factor is expected to affect the volume of overall sales of new capping machines. Therefore, growing preference for refurbished machines is expected to hinder the market growth of the cap applicator.
On the basis of end-use, food & beverages segment has dominated the global cap applicators market in 2018 with a 53.6% of market share in terms of value, followed by pharmaceutical and consumer products respectively.
The ongoing trend of consolidation in the cap applicator market due to the growing number of partnerships and collaboration is expected to fuel the market growth of the cap applicator. For instance, in April 2019, BERICAP, a supplier of high value-added plastic caps and closures for food, beverage, pharmaceutical, and industrial markets, and Thin Film Electronics ASA have signed an exclusive joint partnership to develop fully integrated digital authentication solutions for closures in over-the-counter pharmaceuticals and industrial applications.
Increasing application of caps and closure from the automotive industry for the packaging of automotive fluids is projected to accelerate the market growth of caps applicator over the forecast period. Closure systems are ideal for packaging for motor oil and other automotive fluids that can be packaged in plastic or glass containers. Therefore, growing demand for caps and closure from the automotive industry will favor the market growth of the cap applicator over the forecast timeframe.
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
Closure Systems International
By Cap Type
By Machine Type
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