Bottle-Capping Equipment Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)
The bottle-capping equipment market is expected to record a CAGR of 3.63% over the forecast period. Capping machines designed for different sizes and types of bottles should be equipped with CIP (Clean-in-Place) technology to help sanitize the capping machine and avoid contamination. It is common in the food processing and pharmaceutical industries. CIP technology is fully automated, minimizing human contact, which is considered a significant source of contamination. Such technological innovations are expected to drive the market over the forecast period.
Key HighlightsThe bottle-capping equipment market has fierce competition due to major companies such as JBT Corporation, Tetra Pak International SA, and Krones AG that offer the same types of machines, delivering the best experience to their customers and spending high on advertising.
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