The tamper evident banding machines have evolved from the operating speed of 60 cpm to 1,000 cpm. One of the major development taken place in tamper evident banding machines is the application of an ultrasonic sealing system, which seals the film ends accurately in a small area with creating vibrations at an ultrasonic frequency. With the application of the advanced operating system, software in tamper evident banding machines as developed by Allen Bradley and other globally known software companies, the operations are now highly automated with a low requirement of workforce, low maintenance requirement, and highly productive operation.
The tamper evident banding machines market size is dependent on the growth in the market volume of containers which requires tamper evident packaging. In 2016, the US demand for plastic containers was around 304 billion units, in which around 75% accounted for bottles and jars only. Further, this demand in the US has experienced a growth of around 3% annually over last five years.
To arrive at the volume of the tamper evident banding machines market, the market data from packaging machinery associations and organizations such as PMMI, PMMA, All4Pack and others are critically studied. This data was used to estimate the market size of sleeving machines. As the sleeving machines is a prominent segment in the packaging machinery market and tamper evident banding machines are a type of sleeving machines, the data on sleeving machines market is significant for the tamper evident banding machines market.
After this, a survey is conducted with sleeving machine distributors and manufacturers to examine the share of tamper evident banding machines, and finally, an approximate market volume is arrived at. Further, an average selling price of the machines is calculated on the basis of operating speed and machine type segmentation. This pricing data along with market volume provides an estimated tamper evident banding machines market size.