Mergers and Acquisitions to Offer Growth Opportunities in Global Cap Applicators Market, Here’s How

Just like the global parent industry of packaging machinery, the global cap applicators market is highly fragmented in nature. As companies are engaged in mergers and acquisitions, the global cap applicators market is experiencing the trend of partnerships, which is likely to benefit both, the leading companies and the startups. Transparency Market Research (TMR), in its new report on the global cap applicators market, states that the global market is likely to exhibit a 6.40% CAGR from 2016 to 2024. The market was valued at US$1,133.8 mn in 2016 and it is expected to reach US$1,866.7 mn by 2024. 

The global market for cap applicators is highly affected by recent technological advancements in the packaging machinery. The rising acceptance of automation capacities in capping machines are likely to direct the growth of the global cap applicators market. Going forward, the demand for capping machines is expected to increase from the global food and beverages industry, which is likely to propel the global cap applicators market. TMR answers a few questions related to the global cap applicators market, that the leading companies operating in this market would like to know: 

Q. How will mergers and acquisitions affect the global cap applicators market?

Mergers and acquisitions of leading companies and the startups are expected to affect the global cap applicators market in many ways. Many leading companies are planning to sign a merging agreement with the startup companies. This will give a chance to the new manufacturers of cap applicators to adopt new technologies and the changing trends. While the leading companies are taking efforts to increase their share in the global market, they are expected to face the challenge of the growing level of competition. However, by merging with the startups, key companies aim to maintain their dominance in the near future. 

Q. Will the rising demand for used capping machines affect the global market? 

Yes, the rising demand for refurbished or used capping machines is expected to affect the global market for cap applicators. Refurbished or used capping machines are considered to be the ultimate alternative to new machines. This realization has allowed the manufacturing and packaging companies to shift their concentration towards the refurbished or used capping machines. This is one of the biggest challenges for the leading companies operating in the global cap applicators market. 

Cap applicators have a long life, which makes them a popular choice among the manufacturing and packaging companies. However, this is a drawback for the manufacturers of cap applicators to manufacture new products. 

Q. Will the growing food and beverages industry benefit sales of cap applicators?

Yes, the growing food and beverages industry is likely to offer growth opportunities for the companies operating in the global cap applicators market. The food industry always demands changes in the way food and beverages are packaged and delivered to the customers. As cap applicators have a longer life, they are in more demand from the companies operating in the global food and beverages industry. 


The current trend of manufacturers to introduce new versions and configurations of caps and closures is likely to propel the global demand for cap applicators.     

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