Global Automatic Tray Sealing Machines Market, By Operating Speed (Up to 3 CPM, 4 CPM to 8 CPM, 9 CPM to 12 CPM, Above 12 CPM), Packaging Type (Modified Atmospheric Packaging (MAP), Vacuum Skin Packaging (VSP), General Sealing), Application (Meat, Poultry and Seafood, Bakery and Confectionary, Fresh Produce, Ready Meals, Sweets and Dry Fruits, Others) – Industry Trends and Forecast to 2029
Automatic Tray Sealing Machines Market Analysis and Size
The growth of the automatic tray sealing machines market globally can be attributed to the growing demand for ready-to-eat meals and processed food overall the globe. Automatic tray sealing machines are mainly used to seal the trays of food and ready-to-eat foods, pharmaceutical and many other products. So, The growing demand for ready-to-eat meals and processed food , healthcare products or many others across the globe are the major factors expected to drive the growth of the global automatic tray sealing machines market.
Data Bridge Market Research analyses that the automatic tray sealing machines market was valued at USD 4,200 million in 2021 and is expected to reach USD 8007.25 million by 2029, registering a CAGR of 8.40% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Automatic Tray Sealing Machines Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Operating Speed (Up to 3 CPM, 4 CPM to 8 CPM, 9 CPM to 12 CPM, Above 12 CPM), Packaging Type (Modified Atmospheric Packaging (MAP), Vacuum Skin Packaging (VSP), General Sealing), Application (Meat, Poultry and Seafood, Bakery and Confectionary, Fresh Produce, Ready Meals, Sweets and Dry Fruits, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Ashida (Czechia), Proseal (U.K.), MULTIVACG (Germany), G.Mondini spa (Italy), ILPRA SPA (Italy), SEALPAC (Taiwan), ULMA Group Spain, Italianpack S.p.A (Italy), BELCA S.A. (U.S.), Orved Spa (ItalY), Veripack (India), Cima-Pak Corporation (U.S.), The Platinum Package Group (U.S.), Ossid LLC (U.S.), Tramper Technology (South America)
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Market Opportunities
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Market Definition
Automatic tray sealing machine is suitable for the sealing of tray. This machine is extensively demanding in food and beverage industry. This machine is well accepted in the market due to its smooth packaging, low failure rate and easy operation. They help reduce the labor in packaging, improve product quality, and increase productivity. Automatic tray sealing machines can ensure that the products are sealed perfectly with no leakages or defects.
Automatic Tray Sealing Machines Market Dynamics
Drivers
- Rising demand in pharma sector
Automatic tray sealing machines are used in sealing the pharmaceutical products such as capsules and tablets with the blister packaging as a sealing material. Due to the growth of the pharmaceutical industries increase the manufacturing of medicines which increase the demand of automatic tray sealing machine. This is the major factor which are expected to drive the growth of the automatic tray sealing machines market.
- Increasing demand for secure and speedy product delivery
The automatic tray sealing machines is rising rapidly due to an increasing demand for secure and speedy product delivery by the consumers. The growing demand for packed products has augmented the demand for efficient and stable packaging. The automatic tray sealing machine now comes in creative characteristics and designs to fulfill the customers' demand. It provides stable sealing for several heavy products. Increasing demand for secure and speedy distribution are expected to drive the market growth rate
Opportunities
- Growing food industry
The food industry is expanding continuously, generating impressive growth opportunities for major players of automatic tray sealing machines market. Changing eating habits of consumers had a significant impact on the sales of automatic tray sealing machines. The constantly increasing demand for on-the-go food product is creating demand for lightweight and small packaging formats.
Also, the number of strategic collaborations and emerging new markets will act as market drivers and further increase the profitable opportunities for the growth of the automatic tray sealing machines market.
Restraints/ Challenges
- High cost and less affordability
However, less affordability of the automatic tray sealing machine by the small enterprise due to less production and high cost associated with the installation and maintenance is the major reason among others which will act as restraint for the growth of the market. High manufacturing costs and high Capital costs can also decrease the profits which are the major influence the market growth rate and will further challenge the growth rate of the pallet stretch wrapping machine market.
This automatic tray sealing machines market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automatic tray sealing machines market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Automatic Tray Sealing Machines Market
With the COVID-19 outbreak, most of the countries have applied partial or complete lockdowns to control the spread of this virus globally. The global manufacturing sector have been hit hard by this pandemic. Supply chains for important products such as food and beverages were largely uninterrupted. The delivery of the processed food was moderately impacted the demand for automatic tray sealing machines. Automatic tray sealing machines are also used in sealing the pharmaceutical products such as tablets and capsules with the blister packaging as a sealing material. Due to this pandemic, pharmaceutical industries have led to manufacture medicines beyond the usual capacity. This is anticipated to generate a positive impact on the rise in the demand for the automatic tray sealing machines.
Global Automatic Tray Sealing Machines Market Scope
The automatic tray sealing machines market is segmented on the basis of operating speed, packaging type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Operating Speed
- Up to 3 CPM
- 4 CPM to 8 CPM
- 9 CPM to 12 CPM
- Above 12 CPM
Packaging Type
- Modified Atmospheric Packaging (MAP)
- Vacuum Skin Packaging (VSP)
- General Sealing
Application
- Meat
- Poultry and Seafood
- Bakery and Confectionary
- Fresh Produce
- Ready Meals
- Sweets and Dry Fruits
- Others
Automatic Tray Sealing Machines Market Regional Analysis/Insights
The automatic tray sealing machines market is analysed and market size insights and trends are provided by country, operating speed, packaging type and application as referenced above.
The countries covered in the automatic tray sealing machines market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the automatic tray sealing machines market in terms of market share during the forecast period. This is due to the increasing demand for automatic tray sealing machines in this region. The Asia-Pacific region dominates the automatic tray sealing machines market due to the increased investment in the packaging sector and growth of the several global packaging companies in this region.
During the estimated period, North America is projected to be the fastest developing region due to the import of automatic tray sealing machine in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automatic Tray Sealing Machines Market Share Analysis
The automatic tray sealing machines market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automatic tray sealing machines market.
Some of the major players operating in the automatic tray sealing machines market are:
- Ashida (Czechia)
- Proseal (U.K.)
- MULTIVACG (Germany)
- G.Mondini spa (Italy)
- ILPRA SPA (Italy)
- SEALPAC (Taiwan)
- ULMA Group Spain
- Italianpack S.p.A (Italy)
- BELCA S.A. (U.S.)
- Orved Spa (ItalY)
- Veripack (India)
- Cima-Pak Corporation (U.S.)
- The Platinum Package Group (U.S.)
- Ossid LLC (U.S.)
- Tramper Technology (South America)
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