Global Vial Cap Sealing Machines Market 2018-2022

This industry research report encompasses various growth factors that outline the growth of the vial cap sealing machines market throughout the forecast period. Technavio’s market research analysts predict that this market will register a revenue of almost USD 805 million. This industry research report presents a detailed analysis of the growth prospects of the vial cap sealing machines market by technology (automatic, semi-automatic, and manual) and by geography (the Americas, APAC, and EMEA). This industry research report also provides a competitive analysis of the vial cap sealing machines market consisting of various key vendors such as The Adelphi Group of Companies, Closure Systems International, Dynamic Engitech, and Flexicon.

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Overview of the global vial cap sealing machines market

According to Technavio’s research analysis, the growing conveyor belt market will be one of the major factors that will have a positive impact on the global vial cap sealing machines market during the forecast period. One of the important part in the vial cap sealing machines is the conveyor belt that allows movement of feed container into an in-feed star wheel during the vial cap sealing process. The advantages of the conveyor belts such as faster loading and unloading of items, controlled speeds while moving heavy materials, and automating the tasks of movement with reduction in manpower costs will increase its demand. As the productivity of a vial cap sealing machine is highly reliant on speed, the conveyor belts provide flexible and adjustable settings based on user requirements. The rising fitment of conveyor belts will drive the vial cap sealing machines market size. Our market research analysts predict that this market will grow at a CAGR of close to 5% by 2022.

The rising usage of multipacks is one of the key trends that will gain traction in the vial cap sealing machines market in the forthcoming years. The multipack packaging consists of many packaging types such as paperboard overwraps, corrugated fibreboard boxes, and cartons. The benefits such as the prevention of pilferage of products and reduction of overall packaging costs, increases the demand for multipack packaging from retailers, manufacturers, and consumers.

Competitive landscape and key vendors  

The vendors in the vial cap sealing machines market compete based on machine quality, reliability, pricing, and the use of latest technologies. The vial cap sealing machines manufacturers are concentrating on global events to display their products and technologies and are increasingly focusing on gaining competitive leverage with innovative solutions. 

The leading vendors in the market are –

• The Adelphi Group of Companies
• Closure Systems International
• Dynamic Engitech
• Flexicon

The other prominent vendors in the market are Cozzoli Machine Company, CroPharm, M.G. Industries, N K Industries, R-V Industries, and SHENZHEN PENGLAI.

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Segmentation by technology and analysis of the vial cap sealing machines market

• Automatic
• Semi-automatic
• Manual

During 2017, the automatic vial cap sealing machines marketsegment accounted for the major shares of the vial cap sealing machines market. Factors such as the presence of several features that drive manufacturers to fit these machines into their production lines will contribute to the growth of the automatic vial cap sealing machines market segment in the coming years.

Geographical segmentation and analysis of the vial cap sealing machines market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market throughout the forecast period. The rising demand for vial cap sealing machines in the pharmaceutical industry will drive the market’s growth in the region. Also, the increased consumption of medicines in the Americas drive the need for vials that in turn generates the demand for vial cap sealing machines.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global vial cap sealing machines market?
• What are the key market trends impacting the growth of the global vial cap sealing machines market?
• What are the challenges to market growth?
• Who are the key vendors in the global vial cap sealing machines market?
• What are the market opportunities and threats faced by the vendors in the global vial cap sealing machines market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global vial cap sealing machines market?

Technavio also offers customization on reports based on specific client requirement.