About Lid Applicator Machine
Lid applicator machine is the equipment used for packaging application basically for applying lid on the product for liquid, powdered and granular products. These machines are widely used as lid applicators in food & beverage, cosmetics, consumer goods, healthcare, and other packaging industry. The lid applicator machines have automatic, semi-automatic, and manual operations and an automatic lid applicator machine is increasingly used as it gives productivity, efficiency, and is time-saving.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.1% |
The Global Lid Applicator Machine market was showing an Oligopoly due to the presence of already established players. However to gain market share in the upcoming year manufacturers have shifted their preferences towards up progression advanced product launches, designing, scheduling, developing, branding, and escalating current features. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Lid Applicator Machine market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Lantech (United States), Delkor Systems Inc. (United States), Bude Group B.V. (Netherlands), Pro Mach, Inc. (United States), QComp Technologies, Inc (United States), The Smurfit Kappa Group plc (Ireland), Precision PMD, LLC (United States), GEA Group AG (Germany) and Temcon Converting Machinery Ltd (Turkey) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Lid Applicator Machine market by , Application (Liquid Products, Powdered Products and Granular Products) and Region.
On the basis of geography, the market of Lid Applicator Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use Industry, the sub-segment i.e. Food & Beverage will boost the Lid Applicator Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Lid Material, the sub-segment i.e. Plastic Lid will boost the Lid Applicator Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Offline will boost the Lid Applicator Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operation, the sub-segment i.e. Automatic Machine will boost the Lid Applicator Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumption of Automatic Operated Lid Applicator Machine and Technological Advancement in the Lid Applicator Machine
Market Growth Drivers:
Growing Demand for Packaged Products Across the World and Increasing Production of Cosmetics and Food Products
Challenges:
Strict Regulatory Guidelines on the Lid Applicator Machine
Restraints:
High-Cost Investment in the Lid Applicator Machine
Opportunities:
Demand for Automation in the Packaging Industry will Boost the Lid Applicator Machine
Market Leaders and their expansionary development strategies
In July 2023, Kansan, the world’s leading wet wipe machinery manufacturer, has been providing crucial manufacturing solutions in every aspect of wet wipe production from flat pack and crossfold converting machines to flow wrappers, lid applicator robots, case packers and palletizers for 31 years.
On 6th August 2020, ProMach acquired Fogg Filler Company, a supplier of rotary filling systems for the liquids industry. The addition of Fogg continues ProMach’s growth into more advanced filling capabilities and Extended Shelf Life (ESL) filling systems for hot and cold applications along with other innovative filling systems.
Key Target Audience
Lid Applicator Machine Manufacturers, Lid Applicator Machine International Traders, Lid Applicator Machine Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.