The Global Case Sealers Market generated revenue of around USD 932.32 million in 2021 and is anticipated to grow a CAGR of over 4.87% during the forecast period from 2021 to 2028 to reach around USD 576.80 million in 2028. While, cumulative growth opportunity presented by the global Case Sealers is around USD 3.52 million during 2022 to 2028.
Global Case Sealers Market, 2021 – 2028 (USD Million)
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Case sealers refer to mechanical devices that apply pressure to tape for sealing corrugated boxes. Case sealers thus have many applications in all sorts of industries, particularly the agriculture, electronics, pharmaceutical, and food and beverage industries.
Random Case Sealers to Held the Largest Share
Random Sealers and Uniform Sealers are some of the important types case sealers. However, random sealers are growing in demand owing to wide acceptance from end-users. While, uniform sealers are likely to grow at a sluggish growth rate over the forecast period as compare to its counterpart. Uniform case sealers generated over 55% of the total revenue garnered by the global Case Sealers market in 2021.
Automatic and Fully Automatic Segments to Grow at Rapid Pace
Automatic, Semi- automatic and fully automatic are major technology segments of the global Case Sealers industry. Automatic and Fully Automatic Segments are growing in demand owing to rising demand from food and beverage packaging industry. While, semiautomatic case sealers will experience slow growth rate and decline in its market share over the span of analysis period.
Food and Beverages Packaging to Hold Largest Share
Food and beverages packaging, pharmaceuticals packaging, Electronics packaging, Agricultural packaging, Consumer Goods and Others applications of Case Sealers. Food & beverage held the largest share of case sealers industry in 2021. While, pharmaceutical and electronics market is likely to grow at a rapid pace owing strong growth around the world.
China is Leading Case Sealers Demand
China is leading the Case Sealers industry with over 15% share in 2021. Presence of large number Case Sealers production facilities installed across the nation and availability of technology is mainly driving the demand for Case Sealers in the country. UK, Germany and France also expected to post attractive CAGR during the forecast period. While, India, Japan and South Korea are likely to advance at a rapid pace over the forecast period.
Major players operating in the 3M, ABC Packaging Machine Corp., Atlantic Packaging, Combi Packaging Systems, Endoline, Lantech, Loveshaw, Marq Packaging Systems, SWF Companies, Wexxar and Others. Global Case Sealers market is characterized by the presence of large number of manufacturers across the world.
Market Segmentation
Global Case Sealers Market by Type, 2016 – 2028
Global Case Sealers Market by Technology, 2016 – 2028
Global Case Sealers Market by Application, 2016 – 2028
Global Case Sealers Market by Company, 2016 – 2028
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