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Packaging Suction Cups Market

Market Insights on Packaging Suction Cups covering sales outlook, demand forecast & up-to-date key trends

Packaging Suction Cups Market by Product Type, Material Type, Diameter, Application, End User Industry & Region - Forecast 2022 - 2032

Packaging Suction Cups Market Outlook

The packaging suction cups market is likely to register a CAGR of 6.8% during the forecast period of 2022 to 2032. And the global packaging suction cups market share is anticipated to reach a value of up to US$ 16.22 Billion in 2032, from US$ 8.4 Billion in 2022.

Over the years, packaging suction cups market has been embracing automation to increase productivity, propelled further by rising popularity of smart labels and digital printing for packaging.

As demand for packaging suction cups machinery that performs all functions, from forming packaging products to labelling and wrapping, companies are engaging in the development of efficient and advanced packaging machines.

Attributes

Details

Packaging Suction Cups Market (CAGR)

  6.8%

Packaging Suction Cups Market (2022)

US$ 8.4 Billion

Packaging Suction Cups Market (2027)

US$  11.67 Billion

With greater emphasis on minimizing human intervention in the packing industry, vacuum cups or suction cups have created a buzz, hence escalating the sales of packaging suction cups.  It enables easy handling of bags & boxes and complex-shaped products reliably in an automated process creating greater demand for packaging suction cups regardless other cheap materials, goods, and fills levels.

Growing adoption of automated process in packaging industry is expected to significantly contribute to the sales of packaging suction cups by decreasing the cost of unit production. Often used as grippers in automated handling applications, suction cups are finding increasing applications in food & beverage and pharmaceutical packaging which has increase the sales of packaging suction cups even further.

The COVID-19 pandemic has had an influence on a number of businesses. In addition to this impact, the COVID Pandemic has created a few new business prospects for the packaging suction cups market share. Due to the epidemic, the whole readymade food market got disrupted consequently severely impacting the sales of packaging suction cups in the retail market.

However, the interruption of the supply chain caused by the pandemic is expected to have some limiting impacts on the packaging suction cups market share growth throughout the forecast period.

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What are the Growth Propellers for the Packaging Suction Cups Market?

Manufacturers contributing to the worldwide packaging suction cups market remain focused on improving the functionality and suitability of suction cups to all shapes and sizes of packaging products. In order to set their product unique in the market along with boosting sales of packaging suction cups most of the market players are experimenting with innovative materials.

In addition to adopting product-level innovation strategy, manufacturers of packaging suction cups, catering to the packaging industry, are focusing on identifying and leveraging white spaces in application of their products that has also surged the demand for packaging suction cups in the global market.

For instance, as flexible packaging continues to gain momentum in a number of industries, especially the F&B sector, manufacturers are targeted towards developing advanced vacuum cups that align with flexible packaging process. Development of suction cups with FDA approved materials for the packaging industry also remains a key focus area of the packaging suction cups market players.

With the growing cosmetics and wellness sector, as well as increased R&D and new product launches by major competitors are the expected to boost the packaging suction cups market share in the coming days.

What is the Regional Outlook for Packaging Suction Cups Market?

North America and Europe’s packaging suction cups markets share is projected to remain at the forefront, attributing to strong presence of manufacturers with greater access to advanced technology, and growing rate of automation in the industry. Growth prospects of the packaging suction cups market share are expected to remain high in the developed countries as well, such as in United States, Germany, France, Italy, and Australia.

High growth opportunities are also expected in East Asia countries, especially China, owing to growing automation in its industries. Ever-rising demand for FMCGs and pharmaceuticals in the region is projected to work for the advantage of the market players by escalating the demand for packaging suction cups.

Ismail Sutaria
Principal Consultant
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What is the Competitive Outlook for the Packaging Suction Cups Market?

Adams Manufacturing Corporation, All-Vac Industries, Inc., ANVER Corporation, Coval Inc., J. Schmalz GmbH, Piab AB, VacMotion Inc., Vi-Cas Manufacturing Company, and William B. Rudow, Inc. are the prominent competitors mentioned in the packaging suction cups market survey.

Recent Developments in the Packaging Suction Cups Market

  • PIAB (a Swedish-based global manufacturer of gripping, lifting, and moving solutions) will offer piGRIP suction cups in December 2020. Suction cups are available in a variety of diameter ranges to accommodate a wide range of picking applications.
  • Recently, Piab Ab introduced Kenos® KVG series of vacuum grippers with suction cups, specially designed for objects with wet or oily surfaces.
  • In September 2019, Schmalz introduced a new line of packaging suction cups made of ElastoDur material for handling abrasive cardboard boxes and rigid packaged products.

Scope Of Report

Report Attribute

Details

Growth rate

CAGR of 6.8% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 - 2021

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis

Segments covered

by Product Type, by Application, by End Use, by Material Type, and by Region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

Adams Manufacturing Corporation, All-Vac Industries, Inc., ANVER Corporation, Coval Inc., J. Schmalz GmbH, Piab AB, VacMotion Inc., Vi-Cas Manufacturing Company, and William B. Rudow, Inc.

Customization scope

Free report customization (equivalent to up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.

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Packaging Suction Cups Market: Segmentation

By Product:

  • Flat
  • Bellows

By Material:

  • Polyurethane
  • Nitrile Rubber
  • Polyvinyl Chloride (PVC)
  • Silicone
  • Others

By Diameter:

  • Up To 10 mm
  • 10-30 mm
  • 31-50 mm
  • Above 50 mm

By Application:

  • Canning
  • Bottling
  • Cartoning and Bagging
  • Filling
  • Labeling
  • Tray Making
  • Others

By End-Use Industry:

  • Food & Beverages
  • Personal Care & Cosmetics
  • Pharmaceuticals
  • Electronics & Electricals
  • Logistics & Transportation
  • Others

Frequently Asked Questions

The packaging suction cups market is anticipated to register a CAGR of 6.8% during the forecast period.

The packaging suction cups market share is anticipated to reach US$ 14.22 Billion by 2030.

Demand for packaging suction cups is expected to expand as it adopts automation to boost productivity.

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Ismail Sutaria
Principal Consultant
LinkedIn
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Find your sweet spots for generating winning opportunities in this market.

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Packaging Suction Cups Market