Plastic Packaging L-Bar Sealers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Plastic Packaging L-Bar Sealers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

  • Transparency Market Research
  • Ongoing
  • Packaging

Report Description

The expansion of the online retail industry in recent past has boosted growth of the online packaging equipment market and, thus, in turn led to rise in demand for packaging and packaging equipment across the globe. The plastic packaging equipment market has grown substantially over the past few years. The increasing purchasing power of average customers and rise in adoption of advanced packaging tools are factors that have led to the significant surge in demand for plastic packaging tools.

The type of packaging used in different types of products varies depending on the application and, thus, calls for specific packaging tools. Some of the major equipment used in plastic packaging include L-bar sealers, heat guns, shrink tunnels, bag sealers, shrink wrap system, fill and seal machines, and shrink sleeve blending machines. L-bar sealers are designed for shrink film packaging. These sealers can be manual, automatic, or semi-automatic. Selection of the type of L-bar sealer depends upon the area of application. L-bar sealers used in steel construction are usually automatic. Meanwhile, manual and semi-automatic L-bar sealers are mostly preferred in plastic packaging applications. Demand for L-bar sealers is expected to grow over the forecast period, owing to increasing volume of online retail sales.

Plastic Packaging L-Bar Sealers: Drivers and Restraints

Increased consumption and demand for consumer goods is expected to drive the need for more sophisticated packaging and, thereby, packaging equipment, which includes L-bar sealers. Ongoing economic developments in emerging economies, such as Brazil, India, and China, are expected to lead to the strong growth of the plastic packaging L-bar sealers market in these countries. On the other hand, fluctuations in raw material availability and energy prices could have a negative effect on the market growth. Furthermore, the market in Europe is also prone to economic uncertainty.

Plastic Packaging L-Bar Sealers: Segmentation

The L-bar sealer market is segmented as follows:

On the basis of product type:

  • Manual
  • Semi-automatic
  • Automatic

On the basis of application:

  • Industrial Products
  • Consumer Goods
  • Pharmaceutical
  • Food & Beverages

Plastic Packaging L-Bar Sealers: Region-wise Outlook

Emerging markets such as India, Brazil, Russia, Turkey, South Korea, and China are expected to account for the largest share of the global plastic packaging L-bar sealers market over the forecast period. Asia Pacific is expected to dominate the market. Followed by Asia Pacific, Europe and North America are expected to be the next big markets; however, economic uncertainties prevailing in Europe could negatively affect the supply demand scenario in the region. The Middle East market is expected to continue to witness a robust growth over the forecast period. In Latin America, Brazil and Mexico are expected to dominate the market in the region in terms of demand for plastic packaging L-bar sealers.  

Plastic Packaging L-Bar Sealers: Key Players

Key players identified in the global plastic packaging L-bar sealers market are:

  • Accolade Packaging Ltd
  • Venus Hartung Pty Ltd
  • Plexpack Corporation
  • Rennco, LLC.
  • Belco Packaging Systems, Inc
  • Texwrap Packaging Systems
  • PAC Machinery
  • Allen Plastic Industries Co., Ltd.
  • U.S. Packaging & Wrapping LLC. 

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections done using a suitable set of assumptions and methodologies. The research report provides analysis and information on the basis of categories such as market segments, geographies, types, technologies, and applications. 

The report covers exhaustive analysis on: 

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain 

On the basis of region, the market is segmented into:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Asia Pacific (China, India, Japan, ASEAN, Australia & New Zealand)
  • Middle East and Africa (GCC, S. Africa, and N. Africa) 

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on the market segments and geographies. 

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, and regional markets exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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