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Vacuum Suction Cups Market Size - Global Industry Share, Analysis, Trends and Forecast 2022 - 2030

Category : Chemicals and Materials | Published at : August-2022 | Delivery Format : PDF | Status: Published | Pages : 250

The Global Vacuum Suction Cups Market Size was valued at USD 784 million in 2021 and is estimated to achieve a market size of USD 1,331 million by 2030; growing at a CAGR of 6.4%.

The Global Vacuum Suction Cups Market Size was valued at USD 784 million in 2021 and is estimated to achieve a market size of USD 1,331 million by 2030; growing at a CAGR of 6.4%.

Vacuum suction cups as the name suggest uses vacuum pressure to grip or move objects for pick-and-place applications. A vacuum suction cup can typically move or pick up a wide range of products ranging from bags and bottles to wooden boards to bricks, glass windows, sheet metals, and pipes. A variety of industries rely on standard vacuum handling systems, including packaging, automotive, woodworking, food & beverage, metalworking, semiconductor, and electronics. As a result, growing application in widespread industries is the primary factor driving the global vacuum suction cups market revenue. Vacuum cups have several advantages in these applications, including the fact that they are simple, light, compact, and inexpensive, with little maintenance. They can firmly grip parts in high-speed motion applications while also being gentle with delicate parts.

Global Vacuum Suction Cups Market DRO’s:

Market Drivers:

  • Rising demand in the packaging industries
  • Increasing need to handle fragile materials
  • Rapid adoption in the automotive industries

Market Restraints:

  • Availability of substitutes
  • Difficulty in lifting porous materials

Market Opportunities:

  • Growing promotional and marketing activities
  • Significant opportunities from emerging countries

Vacuum Suction Cups Market Report Coverage

Market Vacuum Suction Cups Market
Vacuum Suction Cups Market Size 2021 USD 784 Million
Vacuum Suction Cups Market Forecast 2030 USD 1,331 Million
Vacuum Suction Cups Market CAGR 6.4% During 2022 - 2030
Analysis Period 2018 - 2030
Base Year 2021
Forecast Data 2022 - 2030
Segments Covered By Type, By Material, By End-Use Application, By Distribution Channel And By Region
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled ANVER, AIRBEST (CHANGXING) TECHNOLOGY CO., LTD., Aventics GmbH, Coval, DESTACO (Dover), Piab vacuum solutions, Schmalz, Vi-Cas, SMC Corporation of America, VMECA, VUOTOTECNICA, William B. Rudow, and Yonsha Co., Limited.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Vacuum Suction Cups Market Dynamics

The growing demand for packaging applications is driving the growth of the vacuum suction cup market. With the growing emphasis on minimizing human intervention, vacuum suction cups have gained popularity in the packing industry. It allows for the safe handling of materials and complex-shaped products in an automated process, resulting in high demand for these cups. However, the increasing adoption of automation in the packaging industry is also supporting the growth of the vacuum suction cups industry.

The rising need to handle fragile materials is one of the trends in the vacuum suction cups market that is boosting sales. The growing emphasis of key manufacturers on developing smooth and reliable suction cups to handle fragile materials is also supporting market growth. Bellow suction cups are primarily designed for fragile applications because they produce a lifting action that can be used to lightly grip fragile parts such as electronic components or even glass.

However, the availability of substitutes in the industry and the difficulty associated with lifting porous materials are some of the leading aspects that are restricting industry growth. In addition to that, the arrival of the COVID-19 pandemic also impacted the industry growth on account of the shutdowns of manufacturing, lockdowns, and disrupted supply chain. Furthermore, the rapidly expanding automotive industry, as well as the growing trend of using vacuum suction cups in this sector, is expected to drive industry demand in the coming years.

Vacuum Suction Cups Market Segmentation

The worldwide vacuum suction cups market is split based on type, material, end-use application, distribution channel, and geography.

Market by Type

  • Flat Vacuum Suction Cups
  • Oval Vacuum Suction Cups
  • Bellows Vacuum Suction Cups
  • Others

According to our vacuum suction cups industry analysis, the flat vacuum suction cups sub-segment is expected to lead the market with significant market shares in 2021. Flat suction cups work well on smooth or lightly structured surfaces. Besides, the suction cups' flat design allows them to work effectively on lifting products such as glass, wood, cardboard, and metal sheets. However, the bellows vacuum suction cups sub-segment is expected to grow at a significant rate during the forecast period due to their suitability for handling uneven, concave/convex, arched, and curved surfaces and workpieces.

Market by Material

  • Silicone
  • Nitrile Rubber
  • PVC
  • Polyurethane
  • Others

Among all the materials, nitrile (NBR), also known as nitrile rubber, is one of the most commonly used materials in the manufacture of vacuum suction cups. NBR is used in a wide variety of industrial applications, including glass handling, sheet metal handling, plastic goods handling, and wood handling. NBR is resistant to oil as well as a wide range of chemicals. Because of its high wear resistance, NBR is ideal for handling wood and cardboard. Furthermore, the NBR material vacuum suction cups are resistant to oil and abrasion.

Market by End-Use Application

  • Packaging
  • Food & Beverage
  • Woodworking
  • Metalworking
  • Automotive
  • Semiconductor and Electronics
  • Others

According to our market forecast for vacuum suction cups, packaging end-use applications will gain significant traction in the coming years. The growing demand for packaging in various industries has resulted in an increase in the demand for packaging applications all over the world. Furthermore, as flexible packaging gains popularity in a variety of industries, especially the food and beverage industry, manufacturers are concentrating on creating advanced vacuum cups that are compliant with the flexible packaging process. Another key area of focus for packaging suction cup market participants is the design of suction cups with FDA-approved raw material for the packaging industry.

Market by Distribution Channel

  • Offline
  • Online

Vacuum Suction Cups Market Size was valued at USD 784 million in 2021 and is estimated to achieve a market size of USD 1,331 million by 2030

In terms of distribution channels, demand for offline channels remains higher than for online channels. The segment's rapid growth can be attributed to an increase in offline orders from end-use industries. Because offline channels allow end-users to physically inspect the shape and size of vacuum suction cups, this segment has led the industry's growth from the start. However, due to the growing trend of the e-commerce industry, the online channels sub-segment will experience the fastest growth in the distribution channel segment. Furthermore, the arrival of the COVID-19 pandemic shifted the focus of end-users and consumers toward online channels due to the closure of physical stores. However, the trend is expected to reverse, with online channels taking a significant share in the coming years.

Vacuum Suction Cups Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Latin America

  • Mexico
  • Brazil
  • Rest of Latin America

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

The Middle East & Africa (MEA)

  • Gulf Cooperation Council (GCC)
  • South Africa
  • Rest of the Middle East & Africa

Vacuum Suction Cups Market Size is estimated to achieve a market size of USD 1,331 million by 2030; growing at a CAGR of 6.4%.

The growing number of manufacturing units in Asia-Pacific fuels the regional vacuum suction cups market growth

Based on regions, the Asia-Pacific region is anticipated to attain the fastest growth rate from 2022 to 2030 on account of the increasing industrialization and rising number of manufacturing industries. Europe is expected to lead the market with a significant share in 2021 and will continue to do so in the years ahead. The European vacuum suction cups market is supported by an impressive automotive sector and growing applications in woodworking and metalworking. Furthermore, due to advancements in the packaging industry and increased adoption of these cups in the food and beverage industries, North America generated the second-largest vacuum suction cups market share.

Vacuum Suction Cups Market Players

Some of the top vacuum suction cups companies offered in the professional report include ANVER, AIRBEST (CHANGXING) TECHNOLOGY CO., LTD., Aventics GmbH, Coval, DESTACO (Dover), Piab vacuum solutions, Schmalz, Vi-Cas, SMC Corporation of America, VMECA, VUOTOTECNICA, William B. Rudow, and Yonsha Co., Limited.

Frequently Asked Questions

The estimated value of global vacuum suction cups market in 2021 was accounted to be USD 784 Million.

The projected CAGR vacuum suction cups market during the analysis period of 2022 to 2030 is 6.4%.

The prominent players of the global vacuum suction cups market are ANVER, Aventics GmbH, Coval, DESTACO (Dover), Piab vacuum solutions, Schmalz, Vi-Cas, SMC Corporation of America, VMECA, VUOTOTECNICA, William B. Rudow, and Yonsha Co., Limited.

North America held the dominating vacuum suction cups during the analysis period of 2022 to 2030.

Asia-Pacific region exhibited fastest growing CAGR for vacuum suction cups during the analysis period of 2022 to 2030.

Rising demand in the packaging industries, increasing need to handle fragile materials, and rapid adoption in the automotive industries drives the growth of global vacuum suction cups market.

Based on type, flat vacuum suction cups segment is expected to hold the maximum share vacuum suction cups market.


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