Can Seamers Market Size Will Grow Rapidly In Near Future

Comments · 248 Views

The global can seamers market size was estimated at USD 495.8 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.7% from 2020 to 2028.

Can Seamers Industry Overview

The global can seamers market size is anticipated to reach USD 716.8 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.7% from 2020 to 2028. Increasing demand for sustainable packaging solutions especially in the food and beverage industry is expected to drive the demand for can seamers over the forecast period.

Can Seamers Market Segmentation

Grand View Research has segmented the global can seamers market on the basis of product, application, and region:

Based on the Product Insights, the market is segmented into Automatic, Semi-automatic.

  • The semi-automatic can seamers led the market and accounted for the largest revenue share of 51.3% in 2020. Semi-automatic can seamers are usually designed for smaller production volumes, wherein the operator can start the process manually through a footswitch, hand, or touch panel.
  • Compared to an automatic can seamer, a semi-automatic can seamer requires less initial investment capital. For start-up enterprises with less capital, the use of a semi-automatic sealing machine may be preferred.
  • The automatic can seamers segment is expected to witness a CAGR of 5.2% over the forecast period. Automatic food can seamers have the ability to seam a large number of cans per minute as compared to semi-automatic food can seamers.
  • The production demand from the food and beverage industry is high due to which the need for a fully automated packaging line is also rising. Large-scale food processing and packaging companies require automatic can seamers to streamline their packaging operations to save on operating expenses and for efficient production.

Based on the Application Insights, the market is segmented into Beverage, Food, Others.

  • The beverage application segment dominated the market and accounted for the largest revenue share of 65.7% in 2020. This growth is driven by the increasing consumption of beverages as well as the growing variety of beverage products. Furthermore, there is a rising trend towards healthy beverages which has propelled the demand for packaging machines including can seamers.
  • Growing population, increasing disposable income, and changing consumer preferences has increased the consumption of beverage products and in turn driving the demand for can seaming machines.
  • The demand for can seamers in the food industry is expected to witness a CAGR of 4.3% over the forecast period. Factors such as high shelf-life, recyclable packaging, and convenience have boosted the demand for canned food products, thereby, driving cam seamers market growth. The canned food primarily consists of meat products, desserts, seafood, ready meals, pasta and noodles, jams, soups, sauces, pickles, and fruits and vegetables.
  • Various manufacturers of meat, poultry, and seafood are using cans for packaging as they improve the shelf life of food products as well as aid in keeping the product fresh.

Can Seamers Regional Outlook 

  • North America
  • Europe
  • Asia Pacific
  • Central South America
  • Middle East Africa (MEA)

Key Companies Profile Market Share Insights

The market consists of various international as well as domestic players that are engaged in the designing, developing, and marketing of a diversified array of can seaming machines.

Some prominent players in the global can seamers market include

  • Pneumatic Scale Angelus
  • Ferrum Ltd.
  • Bubber Machine Tools
  • Innovus Engineering Ltd.
  • SHIN I MACHINERY WORKS CO., LTD.
  • Dixie Canner Co.
  • JK Somme
  • JBT
  • Ezquerra
  • Montajes Conserveros de Galicia S.L
  • Swiss Can Machinery AG
  • Lanico-Maschinenbau Otto Niemsch GmbH

Order a free sample PDF of the Can Seamers Market Intelligence Study, published by Grand View Research. 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Comments