Composite Cans Machine: Market Significance
Growing inclination among the food, chemical & cosmetics industries to store or deliver its products in an enclosed sterilized container has led to drive the demand of cans packaging. Over the years, cylindrical shape containers such as composite cans which are made from several layers of paper & paperboards as well as aluminum sheets have grown as a cost effective packaging solution and also lays less environmental impact by substituting plastic pouches and plastic cans. Composite cans are considered to provide barrier properties against moisture, odor and light which further enhances the self-life of the packaged product. Hence, this has encouraged the packaging equipment manufacturers to move into composite cans machine market as the composite cans are easy to open, carry and reseal after use. Among the geographies, Asia Pacific region is likely to dominate the global packaging machinery market with almost 40% of market share and further expected to expand with the highest CAGR over the forecast period. One of the major contributing factors for this, is growth in demand of cans packaging in various applications such as food, pharmaceutical & healthcare, consumer goods, among others, especially in emerging economies, due to shift in consumer preferences towards convenience and aesthetic Packaging. With more number of new regional / global players entering in the market coupled with strategy of production capacity expansion by existing market players is likely to drive composite cans machines market.
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Global Composite Cans Machine Market: Segmentation
On the basis of machine type, the global composite cans machine market has been segmented as –
- Fully automatic composite cans system
- Semi-automatic composite cans system
- Manual composite cans system
Based on type of material used for can manufacturing, the global composite cans machine market has been segmented as –
- Paper and paperboard
On the basis of types of can manufactured, the global composite cans machine market has been segmented as –
- Spiral wound cans
- Linear drum cans
On the basis of applications, the global composite cans machine market has been segmented as follows –
- Tea & Coffee
- Baking soda
- Chemical powder
- Other Food
- Homecare & Toiletries
- Personal Care & Cosmetics
- Electronic & Consumer Durable
- Chemicals and Pharmaceuticals
- Industrial Packaging
- Others (Automotive Parts & Machinery Components etc.)
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Global Composite Cans Machine Market: Key Players
Some key players that currently operate in composite cans machine market across the globe are Grabher INDOSA Maschinenbau AG., MODU System America LLC., Gebrüder Leonhardt GmbH & Co. KG Blema Kircheis., Cask Brewing Systems Inc., Shin-I Machinery Works Co., Ltd., Wild Goose Canning Systems, HOR YANG Machinery., Dixie Canner Co., Alpha Brewing Operations., Sodaltech Edge Protector Making Machinery, Lottey Engineering Works, and many more.
Key developments & Trends
The established market players that currently manufacture composite cans machines are out to design innovative systems thus exceeding the expectations of end users from varied industries as well as expand its market presence and gain significant market share. The market for composite canning machinery have constantly seen and achieved changes in demand with:
- Simplicity of fixing as well as reconfiguration of tooling equipment
- Appealing exterior look
- Low maintenance
- Safe & flexible to use
The Road Ahead
The key factor driving the manufacturers of composite cans machine market is that the increased preference among the customers for packaged food due to cumulative fast lifestyle, and with increased demand for hygiene, freshness, and convenience. Also, the believe among the food packaging brand owners to minimizing all potential losses maximizing production coupled with maximizing the overall production by streamlining material flow during the production process has further led to the growth in demand of composite cans machine across the globe. Over the years, there has been a significant growth in urbanization largely amongst the emerging economies, wherein; the manufacturers have extensively adopted the use of composite cans in the food, chemical & cosmetics industries have eventually accelerated the growth of global composite cans machines market.
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