Case Closures and Sealers Market Overview
The packaging sector is the most important part of an industry because a product is only consumable and valuable until its safe. With each day, innovation is entering the packaging sector which is customized to a product that needs to be packed.
Case closures and sealers are used to seal boxes in the industry. Case closures and sealers are a mechanical device that works on the principle of using pressure-sensitive tapes to close and seal packages. They are used across various industries such as agriculture, healthcare, food & beverages, electrical & electronics and many more.
Sealers market has evolved a lot in the last few decades, the packaging itself is a very diligent process of a variety of things which includes technology used to maintain product quality as well as freshness, materials used for packaging, distribution and the most important shelf life of the preserved well.
Case closures and sealers are largely used in closing and sealing corrugated boxes in the industry. The supply chain of industries is dependent largely on this market as it is directly proportional to the delivery of product which won't be happening until we know that the product is safe to be transported.
What Drives the Growth of Case Closures and Sealers market?
Major factors that are driving the growth of case closures and sealers are changing lifestyles and human tendencies to have a hygienic and safe product. The government, consumers and even the manufacturers are in approbation of healthcare policies introduced in recent years. All these add to be the factors that affect the growth of this market.
Rising economies and induction of smart factories in second & third world nations demand the use of smart packaging systems, thereby boosting the sales globally for case closures and sealers market. Customer is now more inclined to use a product that is easy to open, user friendly and convenient to use.
Pharmaceuticals are more prone to contamination by air, dust and microorganisms. To safeguard and preserve the medicines, case closures and sealers are used by the pharmaceutical industry.
Healthcare products are a necessity these days and need protection around the clock, as an increase of chronic illnesses demands for better healthcare products is bound to increase which will indirectly affect the increase in case closures and seals market.
What restraints are affecting the Case Closures and Sealers Market?
With the coming up of zip pouch and blister packaging, a threat has started to roam around the case closures and sealers market due to more popularity that the former is achieving these days. Packaging without the closures offer the user, such as low cost of the product compared to the traditional packed and sealed one.
These days open and close seal is added to products in the food industry as in innovation for added sustainability and provides a multitude of design possibilities across all domains. With the rise of plastic packs which are used at a much higher rate than the expected numbers, manufacturers are closely keeping tabs and evaluating new materials to provide a variety of closures and drive the cost down.
How is Consumerization impacting the Case Closures and Sealers Market?
Developing countries like Brazil, China and India have witnessed high demand for sophisticated products which won't be possible without case closures and sealers market. Growth is impacted mostly by the rise in family income and the requirement of convenience and hygiene that the consumer spends due to changing lifestyles.
Other emerging economies like Turkey, Indonesia, Mexico and South Africa are future markets for case closures and sealers market. Manufactures in these regions are adopting fast growth plans by asserting their product portfolio and increasing their distribution base.
How are innovations affecting Case Closures and Sealers Market?
The advancement of technology has a dual sword effect on the case closures and sealers market. For example, in recent years, the packaging industry has faced a transition from three-piece to the two-piece procedure which has resulted in a decline in sealant sales.
However, the shelf life of the product has increased exponentially in these years due to the diligent process of packaging involved whose main purpose is to safely deliver the product in transit.
Key players in the Case Closures and Sealers Market are
- Atlantic Packaging
- 3M Company
- Combi Packaging System
- Endoline Packaging
- Marq Packaging System
- ABC Packaging Machine Corporation
- Crown Holding Incorporation
- Guala Closure
- Federfin Tech S.R.L.
- Manaksia Limited
- Helicap Closures
- ITC Packaging
- Osias Berk
North America is the biggest market for case closures and sealers market on various account of regulations set by agencies such as the FDA, which have an ultimate goal of providing consumers with good quality and sustainable products.
Market in North America is followed by Europe and South Asia markets. Recent Trends which shows lifestyle changes and increase in spending capacity, along with grounds of awareness for healthcare that has increased in the region is a cause of such a boom in the case closure and sealers market.
This is going to create enormous opportunities for players operating in this region. Even the markets of the Middle East and Africa, Latin America and Oceania are also major growth contributors to the market. Latest developments in the case closure and sealers market;
- In 2018, Crown Food Europe introduced a new sealing solutions package which helped Food Manufacturers to decrease the total cost of expenditure. This included the sale of components and complete technical support for the machine's service life.
- Darex Packaging Technology was acquitted by Henkel at USD 1.05 Billion cash and debt-free in the year 2017. This increased HENKEL's stand in the global sealants business as a leading supplier in seals and closures application.
What will be the Effect of Mature Markets on Case Closures and Sealers Market?
North America, West Europe have developed countries where the market is already using new cutting edge technologies, the government has strict regulations regarding agencies such as the FDA and usage of case closures and sealers is high which implicates that the growth is limited in this sector.
The lifestyle of consumers in these regions are already health-conscious users further we even saw a decline in sales in many regions for closures and sealants. The demand is directly linked with the sale of the packaged product at the retail end.
The decrease in sales of carbonated packed beverages in recent years has resulted in a loss for Beverage Packaging Industry. Whereas in the food, healthcare & pharmaceuticals and personal care sectors the inclusion of a packaged product is off the charts.
What is the Effect of the COVID-19 Pandemic on the Case Closure and Sealers Market?
COVID-19 impacted every industry from different directions, in many it caused a great disruption of economy and growth but for some, it was also a boon in business. In this particular scenario through the supply chain was disrupted for quite some time, if we see in the overall case closure and sealers market gained an upper hand during the pandemic.
Consumers preferred packed foods and beverages, articles were transported through e-commerce after proper packaging to ensure the condition of the product remains intact and the pharmaceutical sector gained the most during this time thus indirectly affecting the closures and sealers section of the packaging industry too.
This market proved to be effective in providing humans with the necessities which were needed the most and that too efficiently.
Key Segments of Case Closures and Sealers Market Covered in the Report
Based on the Equipment Type:
Based on the Application:
- Food and Beverages Packaging
- Electrical and Electronics Packaging
- Agricultural Packaging
- Healthcare and Pharmaceuticals Packaging
Based on the Region:
- North America
- Latin America
- East Asia
- South Asia