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Global Packaging Suction Cups Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Vacuum cups, or suction cups, are widely used as grippers in automated handling of products during packaging and filling operations. Suction cups helps in holding and moving of a wide range of products like bottles and bags to packaged foods to pipes and glass windows etc. Growing Cosmetics & Wellness industry and rising R&D and new product launches by leading market players are key drivers for the growth of Packaging Suction Cups market. For instance, according to Cosmetics Europe (the European trade association for the cosmetics and personal care industry)- the European cosmetics and personal care market is the largest market for cosmetic products in the world and valued at USD 86.6 billion in the year 2020. The largest national markets for cosmetics and personal care products within Europe are Germany (USD 15.8 billion), France (USD 13 billion), the UK (USD 11.0 billion), Italy (USD 10.9 billion), Spain (USD 7.23 billion) and Poland (USD 4.2 billion). In December 2020, PIAB (Sweden based, global provider of gripping, lifting, and moving solutions) launched piGRIP suction cups the suction cups come with multiple diameter ranges for all types of picking applications. The piGRIP suctions cup can pick both sturdy plastic bags and pouches filled with dry or wet substances. piGRIP can also lift thin plastic bags. Also, with the increasing demand from end use industries and rising automation of packaging machinery, the adoption & demand for Packaging Suction Cups is likely to increase the market growth during the forecast period. However, supply chain disruption due to pandemic impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Packaging Suction Cups market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of market players, easy access to advanced technology, and growing rate of automation in the industry in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as increasing growing automation in packaging and manufacturing sectors would create lucrative growth prospects for the Packaging Suction Cups market across Asia-Pacific region.
Major market player included in this report are:
Adams Manufacturing
All-Vac Industries
ANVER Corp.
COVAL
Schmalz
Piab AB
VacMotion Inc
Vi-Cas Manufacturing Company
William B. Rudow, Inc.
VMECA Co., Ltd.
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:
Flat
Bellows
By Material:
Polyurethane
Nitrile Rubber
Polyvinyl Chloride (PVC)
Silicone
Others
By Diameter:
Up To 10 mm
10-30 mm
31-50 mm
Above 50 mm
By Application:
Canning
Bottling
Cartoning and Bagging
Filling
Labeling
Tray Making
Others
By End Use Industries:
Food & Beverages
Personal Care & Cosmetics
Pharmaceuticals
Electronics & Electricals
Logistics & Transportation
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, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Packaging Suction Cups 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
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Packaging Suction Cups Market, by Region, 2020-2028 (USD Billion)
1.2.2. Packaging Suction Cups Market, by Product Type, 2020-2028 (USD Billion)
1.2.3. Packaging Suction Cups Market, by Material, 2020-2028 (USD Billion)
1.2.4. Packaging Suction Cups Market, by Diameter, 2020-2028 (USD Billion)
1.2.5. Packaging Suction Cups Market, by Application, 2020-2028 (USD Billion)
1.2.6. Packaging Suction Cups Market, by End Use Industries, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Packaging Suction Cups Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Packaging Suction Cups Market Dynamics
3.1. Packaging Suction Cups Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Growing cosmetics & wellness industry
3.1.1.2. Rising R&D and new Product launches by leading players
3.1.2. Market Challenges
3.1.2.1. Negative impact of covid 19 on end use industry
3.1.2.2. Supply chain disruption due to pandemic
3.1.3. Market Opportunities
3.1.3.1. Rising demand from end use industries
3.1.3.2. Rapid automation of packaging machinery
Chapter 4. Global Packaging Suction Cups Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Packaging Suction Cups Market, by Product Type
6.1. Market Snapshot
6.2. Global Packaging Suction Cups Market by Product Type, Performance – Potential Analysis
6.3. Global Packaging Suction Cups Market Estimates & Forecasts by Product Type 2019-2028 (USD Billion)
6.4. Packaging Suction Cups Market, Sub Segment Analysis
6.4.1. Flat
6.4.2. Bellows
Chapter 7. Global Packaging Suction Cups Market, by Material
7.1. Market Snapshot
7.2. Global Packaging Suction Cups Market by Material, Performance – Potential Analysis
7.3. Global Packaging Suction Cups Market Estimates & Forecasts by Material 2019-2028 (USD Billion)
7.4. Packaging Suction Cups Market, Sub Segment Analysis
7.4.1. Polyurethane
7.4.2. Nitrile Rubber
7.4.3. Polyvinyl Chloride (PVC)
7.4.4. Silicone
7.4.5. Others
Chapter 8. Global Packaging Suction Cups Market, by Diameter
8.1. Market Snapshot
8.2. Global Packaging Suction Cups Market by Diameter, Performance – Potential Analysis
8.3. Global Packaging Suction Cups Market Estimates & Forecasts by Diameter 2019-2028 (USD Billion)
8.4. Packaging Suction Cups Market, Sub Segment Analysis
8.4.1. Up To 10 mm
8.4.2. 10-30 mm
8.4.3. 31-50 mm
8.4.4. Above 50 mm
Chapter 9. Global Packaging Suction Cups Market, by Application
9.1. Market Snapshot
9.2. Global Packaging Suction Cups Market by Application, Performance – Potential Analysis
9.3. Global Packaging Suction Cups Market Estimates & Forecasts by Application 2019-2028 (USD Billion)
9.4. Packaging Suction Cups Market, Sub Segment Analysis
9.4.1. Canning
9.4.2. Bottling
9.4.3. Cartoning and Bagging
9.4.4. Filling
9.4.5. Labeling
9.4.6. Tray Making
9.4.7. Others
Chapter 10. Global Packaging Suction Cups Market, by End Use Industries
10.1. Market Snapshot
10.2. Global Packaging Suction Cups Market by End Use Industries, Performance – Potential Analysis
10.3. Global Packaging Suction Cups Market Estimates & Forecasts by End Use Industries 2019-2028 (USD Billion)
10.4. Packaging Suction Cups Market, Sub Segment Analysis
10.4.1. Food & Beverages
10.4.2. Personal Care & Cosmetics
10.4.3. Pharmaceuticals
10.4.4. Electronics & Electricals
10.4.5. Logistics & Transportation
10.4.6. Others
Chapter 11. Global Packaging Suction Cups Market, Regional Analysis
11.1. Packaging Suction Cups Market, Regional Market Snapshot
11.2. North America Packaging Suction Cups Market
11.2.1. U.S. Packaging Suction Cups Market
11.2.1.1. Product Type breakdown estimates & forecasts, 2019-2028
11.2.1.2. Material breakdown estimates & forecasts, 2019-2028
11.2.1.3. Diameter breakdown estimates & forecasts, 2019-2028
11.2.1.4. Application breakdown estimates & forecasts, 2019-2028
11.2.1.5. End Use Industries breakdown estimates & forecasts, 2019-2028
11.2.2. Canada Packaging Suction Cups Market
11.3. Europe Packaging Suction Cups Market Snapshot
11.3.1. U.K. Packaging Suction Cups Market
11.3.2. Germany Packaging Suction Cups Market
11.3.3. France Packaging Suction Cups Market
11.3.4. Spain Packaging Suction Cups Market
11.3.5. Italy Packaging Suction Cups Market
11.3.6. Rest of Europe Packaging Suction Cups Market
11.4. Asia-Pacific Packaging Suction Cups Market Snapshot
11.4.1. China Packaging Suction Cups Market
11.4.2. India Packaging Suction Cups Market
11.4.3. Japan Packaging Suction Cups Market
11.4.4. Australia Packaging Suction Cups Market
11.4.5. South Korea Packaging Suction Cups Market
11.4.6. Rest of Asia Pacific Packaging Suction Cups Market
11.5. Latin America Packaging Suction Cups Market Snapshot
11.5.1. Brazil Packaging Suction Cups Market
11.5.2. Mexico Packaging Suction Cups Market
11.6. Rest of The World Packaging Suction Cups Market
Chapter 12. Competitive Intelligence
12.1. Top Market Strategies
12.2. Company Profiles
12.2.1. Adams Manufacturing
12.2.1.1. Key Information
12.2.1.2. Overview
12.2.1.3. Financial (Subject to Data Availability)
12.2.1.4. Product Summary
12.2.1.5. Recent Developments
12.2.2. All-Vac Industries;
12.2.3. ANVER Corp.;
12.2.4. COVAL;
12.2.5. Schmalz;
12.2.6. Piab AB;
12.2.7. VacMotion Inc;
12.2.8. Vi-Cas Manufacturing Company;
12.2.9. William B. Rudow, Inc.;
12.2.10. VMECA Co., Ltd.;
Chapter 13. Research Process
13.1. Research Process
13.1.1. Data Mining
13.1.2. Analysis
13.1.3. Market Estimation
13.1.4. Validation
13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption
List of Tables
TABLE 1. Global Packaging Suction Cups Market, report scope
TABLE 2. Global Packaging Suction Cups Market estimates & forecasts by Region 2019-2028 (USD Billion)
TABLE 3. Global Packaging Suction Cups Market estimates & forecasts by Product Type 2019-2028 (USD Billion)
TABLE 4. Global Packaging Suction Cups Market estimates & forecasts by Material 2019-2028 (USD Billion)
TABLE 5. Global Packaging Suction Cups Market estimates & forecasts by Diameter 2019-2028 (USD Billion)
TABLE 6. Global Packaging Suction Cups Market estimates & forecasts by Application 2019-2028 (USD Billion)
TABLE 7. Global Packaging Suction Cups Market estimates & forecasts by End Use Industries 2019-2028 (USD Billion)
TABLE 8. Global Packaging Suction Cups Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 9. Global Packaging Suction Cups Market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 10. Global Packaging Suction Cups Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 11. Global Packaging Suction Cups Market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 12. Global Packaging Suction Cups Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 13. Global Packaging Suction Cups Market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 14. Global Packaging Suction Cups Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 15. Global Packaging Suction Cups Market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 16. Global Packaging Suction Cups Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 17. Global Packaging Suction Cups Market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 18. U.S. Packaging Suction Cups Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 19. U.S. Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 20. U.S. Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 21. Canada Packaging Suction Cups Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 22. Canada Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 23. Canada Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 24. UK Packaging Suction Cups Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 25. UK Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 26. UK Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 27. Germany Packaging Suction Cups Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 28. Germany Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 29. Germany Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 30. RoE Packaging Suction Cups Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 31. RoE Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 32. RoE Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 33. China Packaging Suction Cups Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 34. China Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 35. China Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 36. India Packaging Suction Cups Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 37. India Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 38. India Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 39. Japan Packaging Suction Cups Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 40. Japan Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 41. Japan Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 42. RoAPAC Packaging Suction Cups Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 43. RoAPAC Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 44. RoAPAC Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 45. Brazil Packaging Suction Cups Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 46. Brazil Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 47. Brazil Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 48. Mexico Packaging Suction Cups Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 49. Mexico Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 50. Mexico Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 51. RoLA Packaging Suction Cups Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 52. RoLA Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 53. RoLA Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 54. Row Packaging Suction Cups Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 55. Row Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 56. Row Packaging Suction Cups Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 57. List of secondary sources, used in the study of global Packaging Suction Cups Market
TABLE 58. List of primary sources, used in the study of global Packaging Suction Cups Market
TABLE 59. Years considered for the study
TABLE 60. Exchange rates considered
At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.
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