In today’s world, safe and long lasting packaging has become one of the most important tenants of packaging. Strict government regulations, and the demand for safely packaged products have made the sealing of products a priority in the food & beverage and the healthcare industries. Sealing of packages not only ensures the containment of the product, but also prevents the same from getting contaminated. This in turn helps to increase the shelf life of the product, and also ensures safe transportation from one point of the distribution channel to the other. Manual & automatic sealing machines are widely used for packaging products in various industries. Manual sealing machines are more preferable in the small and midsize businesses, wherein the small scale of production does not require an automated system. Automatic sealing machines are prominently used in large scale manufacturing, where the volume of production is high and automated systems are quintessential for efficiency. Band sealing machines or continuous band sealing machines have become one of the most widely used packaging equipment globally. Band sealing machines have made it possible for packaging companies to safely package and seal their products. Band seal machines are widely used in the food and beverages, pharmaceuticals and chemical industry.
Band Sealing Machine Market- Market Dynamics:
Band sealing machinery is pegged to remain one of the most important form of packaging machinery. Moreover, the rising demand for packaged products will elevate the value of the band sealing machine market. Band sealing machines are predominantly utilized in the pharmaceutical, food & beverage, and chemical industries to ensure the safety and purity of the delivered product. The exponential growth seen in these industries will drive the production and sales of band sealing machines. Also, with the rising awareness among consumers with respect to the quality of healthcare services, band sealers are gradually finding their way into clinical settings. Band sealers help provide a safe and hermetic packaging solution, which is essential from the perspective of the healthcare industry. Sterile packaging industry is expected to witness exponential growth throughout the forecast period. As a result, the band sealing machine market will also be impacted positively. The availability of band sealing machines in different configurations and product types makes it convenient for use from large to small scale operations. Regulations and the strictness of regulations vary from region to region. This leads to the lack of quality control systems in unregulated markets which do not ensure the quality of the band sealing machines. Therefore, the quality of the machines and the seal may vary from manufacturer to manufacturer. This fact is expected to hinder the growth of the market in the long run.
Band Sealing Machine Market- Market Segmentation:
The band sealing machines are segmented on the basis of configuration, product type and directional option.
Based on the configuration, the band Sealing machine market is segmented into:
Based on the product type, the band sealing machine market is segmented into:
- Bench top
Based on the end-use industry, the band sealing machine market is segmented into:
- Food & beverage
Band Sealing Machine Market- Regional Outlook:
Geographically, the band sealing machine market can be segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and Middle East & Africa (MEA). The growth of global band sealing machine market is expected to witness a healthy CAGR over the forecast period of 2016 - 2024. West Europe holds the largest share of the band sealing market. However, Asia Pacific region is projected to be the fastest growing region in terms of volume sales followed by Latin America. Expansion and shipment of band sealing machines is expected to rise in the Asia Pacific region. Large scale foreign investment is also expected to rise in the region, and is anticipated to fuel the demand of band sealing machines over the forecast period. As the retail sector expands in developing countries like India and China, the market for band sealing machines is expected to advance significantly over the forecast period of 2016- 2024.
Band Sealing Machine Market- Major Players:
Some of the key players in the band sealing machine market are Bosch Packaging Technology, Inc., Optima Packaging Group GmbH, Crown Packaging and shipping company, Duravant, Harpak-Ulma Packaging LLC, Frain Industries, Arpac Group, PDC International Corporation, Kliklok – Woodman International, Oregon Precision Industries, Inc., Serac, Inc., Formost Fuji Coporation.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, machine type and end-use.
The Report covers exhaustive Analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends /Issues/Challenges
- Competition & Companies involved
Regional Analysis includes:
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.
The study is a source of reliable data on:
- Key market segments and sub-segments
- Evolving market trends and dynamics
- Changing supply and demand scenarios
- Quantifying market opportunities through market sizing and market forecasting
- Tracking current trends/opportunities/challenges
- Competitive insights
- Opportunity mapping in terms of technological breakthroughs
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market.
TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place. All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.