A CAGR of 3.9% is expected for the global hand-held capping machines market due to the growing demand during the forecast period. It is anticipated to be appraised at US$ 426.5 Mn by 2032, up from US$ 290.9 Mn in 2022.
As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Hand-Held Capping Machines Market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Hand-Held Capping Machines Market in the coming 10-years.
Discover some insights on market size, historic period (2017 to 2021), and forecast period (2022 to 2032) before buying the full report https://www.futuremarketinsights.com/reports/sample/rep-gb-4585
Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Hand-Held Capping Machines
With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of packaging solutions is experienced across various end use industries.
In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.
Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Hand-Held Capping Machines Market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.
Key Hand-Held Capping Machines Market Takeaways and Projections
- The U.S. is expected to lead the North America Hand-Held Capping Machines Market, projecting the fastest growth in the region between 2022 and 2032
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.
- On the basis of Segment it is projected to hold the maximum share in the market, expanding at a remarkable CAGR during the coming decade.
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Report Benefits & Key Questions Answered
- Hand-Held Capping Machines Historical Market Analysis: The detailed survey by FMI, examines key factors in the Hand-Held Capping Machines Market that affected the growth in the market for the last assessment period 2017-2021 and also studies their consequent impact. It also provide refined the sales projection of the Hand-Held Capping Machines Market for the forecast period 2022-2032.
- Hand-Held Capping Machines Category & Segment Level Analysis: The category & segment level analysis conducted by FMI studies the market in terms of segments .It studies the vital dynamics across each segment and also highlights their growth prospects in the coming ten years.
- Hand-Held Capping Machines Demand Outlook Analysis:Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Hand-Held Capping Machines for the assessment period. As per the study, the demand for Hand-Held Capping Machines will grow at a robust CAGR between 2022 and 2032.
- Hand-Held Capping Machines Market Trend Analysis: The latest study by FMI on the Hand-Held Capping Machines Market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Hand-Held Capping Machines Market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
It also provides a list of leading players and recent development in the global Hand-Held Capping Machines Market. Some of the prominent market players are KINEX Cappers, ACCUTEK Packaging Equipment Companies, Inc., APACKS Packaging, Inc., SWAN-MATIC Bottle Capping Machines and Equipment, Medi-Pack Process and Technologies, Quick Capper, Spheretech Packaging India Private Limited, The CARY Company, and Dispense Works, among others.
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Key Segments Profiled in the Hand-Held Capping Machines Industry Survey
Hand-Held Capping Machines Market By Size:
- Small Hand-Held Capping Machines
- Medium Hand-Held Capping Machines
- Large Hand-Held Capping Machines
Hand-Held Capping Machines Market By Cape Range:
- 10-24 mm
- 24-70 mm
- 15-83 mm
- 22-130 mm
- 38-130 mm
Hand-Held Capping Machines Market By Torque Range:
- 0-30 in. lbs.
- 5-70 in. lbs.
- 14-120 in. lbs.
- 20-200 in. lbs.
Hand-Held Capping Machines Market By Driven Input:
- Electric input
- Non electric input
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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