Induction Sealing Machine Market Report Overview
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The global induction sealing machine market size was USD 113.2 million in 2021 and is projected to touch USD 150.4 million by 2028, exhibiting a CAGR of 4.1% during the forecast period.
An induction sealing machine is an equipment that consumes electromagnetic induction and the sealing machine is utilized in fast food packaging industry for packing burger, sandwich & other. Moreover, the machine consists of aluminum foil which creates freshness and safety from external contamination. It also blocks the oxidation of fragile materials by restricting air and moisture during loading it with a hermetic seal. The product is extensively spent in the packaging of pharmaceutical products. The induction sealer machine are the ideal product to protect drugs from moisture, light, and oxygen which makes them stay natural for an extended period of time without being disturbed by any environmental fluctuations. The product enhances shelf life by several years as in comparison with multi-laminate pouches that have an ordinary shelf life of up to one year only.
Furthermore, the product is ranged into the consumer goods industry for packing food items, electronic products, and others. The product is divided into three segments, manual type, automatic type and semi-automotive type. Furthermore, a manual, automatic and automotive type induction sealing machine are similar and is defined as an apparatus that exhausts electromagnetic induction to heat and seals the products like plastic films, paper cartons, and aluminum foil. The heating of this material is measurable by amending bounds in the controller box.
COVID-19 Impact: Production Boost Led to Inclination in Sales in the Market
The sudden spike in CAGR is attributable to induction sealing machine market growth and demand returning to pre-pandemic levels once the pandemic is over. The global COVID-19 pandemic has been unprecedented and staggering, with the induction sealing machine market experiencing higher than anticipated demand across all regions compared to pre-pandemic levels.
The unparalleled impact of COVID-19, had posed benefits upon the induction sealing machine market and its products. Surges were noticed as the production values were positively recorded. Moreover, high supply levels of the machines led to show an increased in values as majority of the manufacturing industries were forced to shut down due to rigid government regulations. The rise of this demand was recorded because of the strict lockdowns, more food and beverages were required by consumers hence, leading to more volumes of packaging and sealing of products.
LATEST TRENDS
"Automation Technology Increases Demand of Sealing Machines to Reduce Polluting "
A steadily increasing demand in the food and beverages, pharmaceuticals and consumer goods industries leads to higher levels of production and induction sealing machine. Moreover, a concern is on the rise regarding companies being more socially and environmentally friendly. The machines are newly equipped with an intelligent system, which controls immense volumes of recycling and manufacturing procedures of sewage treatments. Furthermore, leading towards the development of scarce nonrenewable resources being substituted for the usage of social resources while, minimizing the effect of production waste on the environment.
Induction Sealing Machine Market Segmentation
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- By Type
Manual type, automatic type and automotive type
Automatic type is the leading part of the type segment.
- By Application
Based on application; Food and beverages, pharmaceuticals, consumer goods and others
Food and beverages is the leading part of the application segment.
DRIVING FACTORS
"Automatic Packaging Enhances the Market Growth"
Post COVID-19 pandemic, the demand of food and beverages continues to escalate as it is a necessity good for all consumers. The rise of awareness amongst industries of the adoption of automatic sealing machines boosts its demand, as it reduces the production time and makes the process more efficient and productive. Furthermore, its adoption in the food and beverage industry enhances the manufacturing line as the machine can automatically conduct deviation correction, it includes an automatic alarm protection function which helps in minimizing the expenditure and losses and these factors augment growth in snack food sales.
Moreover, it improves the food and beverages industry as the automatic induction sealing machine is also consumed as measuring instrument, except weighing, also can print quantitative numerical on the products. The packaging labels are indicated with net content, which is an important factor the for package weighing precision. Meanwhile, the rate of the manufacturing pace can also be altered. Additionally, the machine adopts advanced digital frequency conversion technology, sampling processing technology, anti-interference technology. It can automatically conduct deviation correction, to ensure the efficient levels of accuracy. Leading to the growth in the induction sealing machine market share.
"Introduction of User Friendly Sealing Rockets Market Growth"
The introduction of newer and innovative induction seals, assists consumers to take off the seal on products with more ease. Furthermore, the consumers value the effortlessness of usage and the awareness of the innovative spreads in the market and influencing other manufacturers to adopt this feature. This in return, increases the demand of the induction sealing machine and the growing appearances of new suppliers could reduce the pricing pressure. Hence, immensely enhancing the induction sealing machine market growth.
RESTRAINING FACTORS
"Scarcity of Skilled Professionals for Product Management to Impede Market Growth"
The conducting, setting and overall managing the induction sealing machine requires a particular skill set. These professionals must be able to assist the manufacturers with adjusting the production rate and speed, the printing upon product labels and the precision levels of manufacturing required by the producers. However, a lack of the skilled professionals would lead the producers from the food and beverages, and pharmaceuticals industries to look for alternative production equipment. Furthermore, in case of machine failure and the unavailability of professionals, the products would be defected and hamper the industry’s sales. Hence, leading towards the impediment of the market growth of the induction sealing machine market.
Induction Sealing Machine Market Regional Insights
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"North America to Rule the Global Market"
North American region holds the leading position in the induction sealing machine industry and is forecasted to be leading consumer for the machines in the foreseeable future. North America records for the high production in the food and beverages industry as, the government grants favorable policies and consumers have higher amount of disposable income, drives the market. Furthermore, consumers in this region have a higher percentage of senior citizens, so the requirements of medication from pharmaceutical industries is on a rise and the sealing machines help in coping with the demand. Hence, this region holds the dominance over its competitors.
KEY INDUSTRY PLAYERS
"Companies Aim on R&D Activities of Products to Increase Market Share"
A continuing process of developments in products to the consumers preferences, demands to attract higher volume of sales. Furthermore, the developments are made with technological advancements and partnerships which spreads awareness in other regions. This leads to more sales volume, and overall to increase their market share.
List of Market Players Profiled
- Enercon (Germany)
- Pillar Technologies (U.S.)
- Zhejiang Brother (China)
- Me.Ro (Italy)
- Beijing Yute (China)
- Lepel (U.S.)
- KWT Machine Systems (Taiwan)
- Relco (U.S.)
- Dongguan Sammi (China)
- Parle (India)
- Accutek (India)
- ProKing (China)
- CSO Tech (U.S.)
- Nantong Hengli Packing Technology (China)
- Vanguard Pharmaceutical Machinery (U.S.)
- Arshad Electronics (India)
- Suzhou Bangerxu (China)
REPORT COVERAGE
The report offers a comprehensive analysis of the market and highlights key industry players, types and important factors affecting of the product. It also emphasizes upon the latest market trends and industry developments, providing an insight of the markets functioning.
| REPORT COVERAGE | DETAILS |
|---|---|
| Market Size Value In | US$ 113.2 Million in 2021 |
| Market Size Value By | US$ 150.4 Million by 2028 |
| Growth Rate | CAGR of 4.1% from 2021 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2021 |
| Historical Data Available | Yes |
| Segments Covered | Type & Application |
| Regional Scope | Global |
Frequently Asked Questions
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What value is the global induction sealing machine market expected to touch by 2028?
The global induction sealing machine market is expected to touch USD 150.4 million by 2028.
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What CAGR is the global induction sealing machine market expected to exhibit by 2028?
The CAGR of the global induction sealing machine market expected to be 4.1% by 2028.
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Which are the driving factors of the global induction sealing machine market?
Automatic packaging enhances the growth of the food industry, and introducing a user-friendly sealing rockets market is the driving factor of the global induction sealing machine market.
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Which are the top companies operating in the global induction sealing machine market?
Enercon, Pillar Technologies, Zhejiang Brother, Me.Ro, Beijing Yute, Lepel, KWT Machine Systems, Relco, Dongguan Sammi, Parle, Accutek, ProKing, CSO Tech, Nantong Hengli Packing Technology, Vanguard Pharmaceutical Machinery, Arshad Electronics and Suzhou Bangerxu are the top companies operating in the induction sealing machine market.
