COVID-19 Impact Analysis on Global Vacuum Metalizer Market
The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the global vacuum metalizer market. In addition, complete analysis of changes on the global vacuum metalizer market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. Likewise, the COVID-19 virus spread on one side has provided ample of growth opportunity for market with rise in automotive or vehicle demand. And on the other hand supply chain disruption has affected the market. In addition, growing demand for the turbocharger in automotive industry and requirement for vacuum metalizer has driven the global vacuum metalizer market.
MARKET OVERVIEW- GLOBAL VACUUM METALIZER MARKET
The global vacuum metalizer market is driven by rising demand for metalized films and increase in demand for nano packaging technologies. With the growing population and consumer demand for various products like food and beverage, medicine, cosmetics among others has boosted the manufacturer production demand. This factor has further created ample of scope for packaging and demand for films, coating across the industries. Hence with the rising demand for packaging the manufacturer are expected to have requirement for different machinery which is where vaccum metallizer market finds its major demand in the packaging industry. On the other side, rapid urbanization in developing countries is expected to give the market a rise of growth during the estimated time period.
The market is expected to have new opportunity with the technological advancements & ongoing R&D involved in manufacturing vacuum metalizers is expected to provide ample of new growth opportunity in the market during the forecast period. Also, rising vaccum metallizer demand in wide range of specification, mode of operation, different brands is expected to create ample of new growth opportunity for the market. Besides, emerging features and new technologies has gained major attention of end user segment and this factor is expected to provide rising new growth opportunities for the market over the forecast period.
The market has major restraining factor like high capital investment & service costs of vaccum metalizer and lack of skilled workforce. Vaccum metallizer being advanced machine can significantly include investment and maintain costs and this factor is expected to acts as a hurdler for the market growth over the forecast period. Besides, lack of skilled workforce is another factor restraining the market growth.
MARKET GROWTH CHALLENGES
The Covid-19 pandemic hampered the growth of market to major extent which has created a major challenges for the market growth. Also, lack of skilled work force is expected to be major hampering for the market growth over the forecast the period.
CUMULATIVE GROWTH ANALYSIS
The report provides in-depth analysis of global vacuum metalizer market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. With increasing demand for various vacuum metalizer in various applications has led the increasing demand for market and is expected to witness the growth at a CAGR at specific CAGR from 2021-2028.
Market Segmental Overview
The global vacuum metalizer market comprises of different market segment like machine type, mode of operation, distribution channel, end users and geography.
Vacuum Metalizer Market by Machine Type
By type, the vacuum metalizer includes key segment of high productivity metallizer, high-performance metallizer, physical vapor deposition metalizers/ coating machine, low defect metallizer. High productivity metallizer is expected to dominate the market over the forecast period. This machine type is having rising demand in the market owing to different advantages like shaft vaccum seals, high resistant to friction, and long lasting properties is expected to create ample of new growth opportunities for the market. Furthermore, the machine is widely having demand in food and beverage end user for products like dairy products, fresh food and dry food. On the other side, high performance metalizer are mostly used for flexible packaging. The demand for segment is driven by advantages like energy saving mode and also help to improve the cooling.
Vacuum Metalizer Market by Mode of Operation
The vacuum metalizer market has major mode of operation in automatic and semi-automatic. Automatic vacuum metalizer is anticipated to lead the market gaining majority of the market share in 2021 and is expected to maintain its dominance over the estimated time period. This mode of operation is currently having rising new growth avenue with growing demand for metalized films, increasing requirement for nano packaging technologies has further fuelled the demand for the market. Furthermore, different advantage for the automatic vacuum metalizer where the product support for cost reduction and quality improvement by the eliminating the need for one or more operators. Likewise, semi-automatic is likely to rising new growth demand over the forecast period.
Vacuum Metalizer Market by Distribution Channel
The vacuum metalizer market has distribution channel like direct sales, indirect sales. Direct sales is expected to find increasing demand in the market over the forecast period. The segment is driven by factors like direct sales ideally support manufacturer to sell their products at standard price and helps to build strong foundation with the end user consumer. Besides, direct sales offers a high profit margin to manufacturer which is indeed providing a scope to the manufacturer to manufacture new products and sells the products. Hence, direct sales is likely to have growing in the market over the forecast period. Similarly, indirect sales is likely to have rising demand for market over the estimated time period.
Vacuum Metalizer Market by End Users
The vacuum metalizer market has major end users like automotive industries, packaging & coating industries, industrial parts manufacturing & electronic industries, food & beverages industries, pharmaceuticals & healthcare industries, cosmetics industries. Automotive industries followed by packaging & coating industries are expected to gain increasing demand for vacuum metalizer over the estimated time period. The automotive industry is having increasing requirement for vacuum metalizer owing to rise in production of automotive, demand for automotive vehicle, car among population is expected to create ample of new growth opportunities for the market. Likewise, packaging & coating industries is having demand for vacuum metalizer with increase in the packaging demand from food and beverage, medicine and cosmetics. This factors are anticipated to contribute healthy growth in the market over the forecast period.
Vacuum Metalizer Market by Geography
The global vacuum metalizer market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW). Asia Pacific is anticipated to witness increasing demand for vacuum metalizer owing to presence to well established market players. Besides, increasing of automotive and packaging & coating industries is expected to flourish the demand for market over the forecast period. Also, presence of developed economies like China, India and Japan are further contributing healthy growth in the market. Besides, increasing sales and distribution of market is expected to fuel the market. Also, Europe is anticipated to hold second position in the market followed by North America. Europe is likely to have growth at specific growth rate.
Competitive Landscape Analysis
The competitive landscape analysis of vacuum metalizer market is majorly focused on expanding the global growth of vacuum metalizer with new product innovation, business expansion, increasing presence of range of manufacturer operating in vacuum metalizer has led the growing demand for the market. Besides, the market offers range of products in different application to fulfill the required demand of consumer which is further contributing healthy growth in the market.
The key players studied in market are Nordmeccanica (Italy), Applied materials (U.S.), Bühler group (Switzerland), Marca coating technologies (US), Hind High Vacuum (India), ULVAC Inc (Japan), Shandong Baofeng Metalizer Co. Ltd (China), ASAHITEC (Japan), Perry Videx (U.S.) among others.
June 2018: Bobst had developed a high metal adhesion. The Bobst AluBond process provides high metal adhesion and surface energy levels through vacuum metallization. Traditional metalization even with plasma treatment can result in poor metal to polymer substrate bonding. And this produces de-lamination which leads to the packaging failure and results in rejected work.