Cap Applicators Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2026

Caps and closures are an important part of packaging of liquid products. They chiefly extend shelf life of contents by restricting the interaction with their surroundings. Crucial part of sealing and packaging involves precise positioning and interlocking of the cap. Cap applicators is an important and integral part of the packaging industry used to accurately position and seal bottles, cartons and other various enclosures. The demand for cap applicators is majorly for packaging of products from the food and beverage industry. However not limited to food and beverage industry, cap applicators are highly sought for applications in pharmaceutical industry such as packaging of syrups, vial and other products. Likewise, cap applicators are also used for the packaging of personal and cosmetic products such as lotions, oil, shampoos and others.

Market Dynamics

The escalating demand for cap applicators is chiefly fueled by the proliferating food and beverage industry. The increasing demand for customized sizes and geometries of caps or closures for various beverage and pharmaceutical industry is one of the major drivers in the cap applicator market. Flourishing demand for cap applicators from the personal care and cosmetic industry is contributing to the growth of the cap applicator market. Cap applicators with high output volume and capability to handle multiple cap geometries is highly sought by the industry. However capital intensive nature of the equipment and presence of integrated packaging equipment acts as deterrent to the cap applicator market.

Market Segmentation

The cap applicators market can be segmented on the basis of cap type and application. On the basis of cap type applicators are crown cap, screw cap, friction fit cap and snap on cap.

Cap applicators can be segmented on the basis of application such as cosmetics and personal care, pharmaceuticals, food and beverage, and other consumer products.

Regional Outlook

The cap applicator...