Global Can Seamers Market to reach USD 674.72 million by 2027.Global Can Seamers Market is valued approximately at USD 495.8 Million in 2020 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2021-2027. A can seamer is a machine which is used to seal the lid onto the can body. The global Can Seamers market is being driven by rising awareness among consumers about health and wellness and growth in demand for food and beverage products. Furthermore, the growth in demand for metal cans and increased demand for canned products will provide new opportunities for the global Can Seamers industry. For instance, according to Statista, the food and beverage retail revenue in the United States is rising year on year; in year 2020, the total revenue from food and beverages stood at USD 18.72 million which increases to USD 21.32 million in year 2021 and it is anticipated to reach USD 25.65 million by year 2025. As a result, increased sales in the food and beverage industry will serve as a catalyst for the Can Seamers industry in the future. However, availability of low-cost substitutes for aluminum cans may impede market growth over the forecast period of 2021-2027.
The regional analysis of the global Can Seamers Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. The change in lifestyles and switch in food preferences of the middle-income groups as well as restriction on use of plastic in countries such as India and China makes Asia Pacific the leading region across the world. Whereas Europe is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to growth in food and beverage industry in countries such as Italy, the U.K., and Germany in the European region.
Major market player included in this report are:
Pneumatic Scale Angelus
Ferrum Ltd.
Bubber Machine Tools
Innovus Engineering Ltd.
Shin i machinery works co., ltd.
Dixie Canner Co.
JK somme
JBT
Ezquerra
Montajes Conserveros de Galicia S.L
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Automatic
Semi-automotiic
By Application:
Food
Beverage
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Can Seamers Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors