Screw Capping Machine Market Size Worth $2,780.94 Million By 2032 | CAGR: 3.5%

The global screw capping machine market size is expected to reach USD 2,780.94 million by 2032, according to a new study by Polaris Market Research. The report “Screw Capping Machine Market Share, Size, Trends, Industry Analysis Report, By Automation (Automatic, Semi-automatic); By Machine Type; By End Use; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The increasing demand for bottled products, such as water, is a significant driver for the growth of the screw-capping machine market. The robust growth of the global bottled water market is a key driver behind the expanding screw-capping machine market. In 2021, bottled water sales soared to an impressive 350 Million liters, with an estimated market value of around $270 Million. This upward trend is projected to continue, with forecasts indicating that the market value will reach a staggering $500 Million by 2030. As the demand for bottled water continues to surge, manufacturers increasingly turn to screw capping machines to seal a vast volume of bottles efficiently. This soaring demand for bottled water fuels the rapid growth and prominence of the screw-capping machine market.

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The growing company investments in the screw-capping machine market drive the overall growth. For instance, Elopak, a packaging manufacturer, has unveiled its intention to invest $50 million in a new plant in the United States. This strategic investment is expected to drive the growth of the packaging industry market significantly. Elopak aims to expand its production capacity, enhance its market presence, create job opportunities, stimulate the local economy, and leverage advanced technologies to provide innovative packaging solutions by establishing a new plant. This investment demonstrates Elopak's commitment to meeting the growing demand for packaging products and its intent to capitalize on the opportunities the US market offers.

Screw Capping Machine Market Report Highlights

• Automatic segment is anticipated to witness faster growth in the coming years due to offering enhanced efficiency, high-speed operation and consistent quality control.
• Rotary segment accounted for the larger market share owing to its ability to deliver high-speed production and cost-effectiveness.
• Food & Beverages segment is projected to experience a larger revenue share due to the high demand and diverse packaging requirements.
• APAC is projected to register a higher growth rate in the study period owing to growing innovations by companies.
• North America is expected to grow larger revenue share owing to the increasing demand for sustainable products.
• The global players include Krones, Tetra Pak, Bosch Packaging Technology, SACMI,  IC Filling Systems, Marchesini, Multipack Machinery, Shree Bhagwati Machtech, C.E.King, ICOS Impianti Srl, Biner Ellison, Serac, Sidel, Technopack, MG2, Axon, LPS Industries, R.A. Jones &  Toyo Jidoki.

Polaris Market Research has segmented the screw capping machine market report based on automation, machine type, end use and region:

Screw Capping Machine, Automation Outlook (Revenue - USD Million, 2019 - 2032)

• Automatic
• Semi-automatic

Screw Capping Machine, Machine Type Outlook (Revenue - USD Million, 2019 - 2032)

• Inline
• Benchtop
• Rotary
• Chunk Cappers
• Spindle Cappers

Screw Capping Machine, End Use Outlook (Revenue - USD Million, 2019 - 2032)

• Food & Beverages
• Pharmaceuticals
• Cosmetics & Personal Care
• Chemicals
• Automotive
• Other Industrial

Screw Capping Machine, Regional Outlook (Revenue - USD Million, 2019 - 2032)

• North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Screw Capping Machine Market Report Scope