Can Sealers Market Analysis

Convenient packaging is essential for a wide array of consumer goods across the globe. Due to high consumer demand and owing to stringent government regulations, safe packaging is vital for healthcare and the food and beverage industries.

Can sealers be one such packaging and solution that can safeguard products inside and keep them safe from contamination. They are designed to work on cardboard, tine, and aluminium cans that have lids. Automatic and manual can seal machines are being utilized in different industries for packaging all kinds of products.

Global Can Sealers market is expected to witness CAGR of 6.12% during the forecast period. The revenue generated by the global Can Sealers market in 2020 was over USD 258.87 million and expected to generate revenue worth USD 425.25 million in 2027. The incremental growth opportunity offered by the global Can Sealers is estimated to be USD 2.56 billion between 2021 and 2027.     

Interesting Facts about Can Sealers Industry

• Over 180 billion aluminium cans are sold every year i.e. 6,700 cans every second
• Metal can revenue has been reached over USD 55 billion  
• Canned food market value in 2020 was around USD 100 billion
• S. dominates the metal can industry
• China, and India are most potential markets for future growth of can sealers industry

Strong demand from Food and Beverage Industry

Small to mid-sized businesses that can afford lower capital investment use manual can sealing machines. But for high volume production, automatic can sealers are recommended. Can sealers have several applications in the pharmaceutical, chemical, food, and beverage sectors. Manual Can Sealer, Semi-Automatic Can Sealer and Automatic Can Sealer are major types of can sealers.

Over the past few years, the metal can packing market has grown by leaps and bounds due to the manufacturing industry’s high rate of growth. Metal cans have a broad range of applications in the food and beverage industries, where they are used for storing liquid beverages, pulp, and dry food products. Metal cans are also in great demand for safely packaging industrial chemicals. Food and Beverages, Pharmaceuticals, Industrial Products, Consumer Products and Others are leading outlets for can sealers.

Strong Growth of Metal Can Market

Can sealers are vital for the metal can packaging industry. As a result of this, the can sealer market will undergo rapid growth during the next decade. Also, the continued expansion of fast-moving consumer goods will also have a positive impact on the worldwide can sealers market.

Seal Quality and Leakage Can Hinder Growth Rate

However, certain factors could hinder the growth of the can sealer market. Seal quality may be an issue due to the absence of sufficient quality checks in markets that are not strongly regulated.

The global can sealer market strongly relies on the continued expansion of the food and beverages industry. Europe and North America account for a significant percentage of the can sealer market because the working class has a preference for packaged food products that are easy to cook.

Asia Pacific to Grow at Rapid Pace

The Asia Pacific region is undergoing major growth in the retail sector, driving the growth for can sealers. Also, the high levels of direct foreign investments will also boost the demand for can sealers in the region. Hence, the international can sealers market will undergo a fast rate of growth during the next few years.

The market for can sealers is being driven by the increasing demand for a longer shelf life of products and the heightened growth in demand for packaged foods. As a result of these factors, the can sealer market will undergo a rapid rate of growth over the next five years.

A can sealer works by sealing the lid onto the main can body to become fully airtight. The can lid usually made from tin-plated steel. The material used to make the can body is influenced by various factors such as the kind of products being sealed thus. The double seam process fabricates a mechanical joint that will seal the products within. A sealing compound helps make the joint airtight. Wisconsin Aluminum Foundry Company, Inc., Embarcadero Home Cannery, Crown Packaging Corp. and Wisconsin Aluminum Foundry Company, Inc. are some of the leading players in global market.

Frequently asked questions about global Can Sealers industry