Global Automatic Tray Sealing Market Size, Trends and Growth Opportunity, By Packaging Type (Modified Atmospheric Packaging, Vacuum Skin Packaging, General Sealing), By Application (Meat, Poultry and Seafood, Bakery and Confectionary, Fresh Produce, Ready Meals, Sweets and Dry Fruits, Others), By Region and Forecast Till 2027.
Report ID : IR100256 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 135
Global Automatic Tray Sealing Market Size, Trends and Growth Opportunity, By Packaging Type (Modified Atmospheric Packaging, Vacuum Skin Packaging, General Sealing), By Application (Meat, Poultry and Seafood, Bakery and Confectionary, Fresh Produce, Ready Meals, Sweets and Dry Fruits, Others), By Region and Forecast Till 2027.
Global Automatic Tray Sealing Market
The Global Automatic Tray Sealing Market was valued at US$4200 million in 2021 and it is expected to reach at US$7990.25 million in 2027 at a CAGR of 10.84% during forecast period 2022-2027.
The automatic tray sealing machine is appropriate for sealing trays. In the food and beverage business, this machine is extremely demanding. Due to its smooth packaging, low failure rate, and simple operation, this machine is generally liked in the market. They aid in lowering packing labour requirements, enhancing product quality, and raising output. Products may be completely sealed with no leaks or flaws using automatic tray sealing devices.
Market Drivers
Pharmaceutical items like capsules and tablets are sealed using automatic tray sealing machines and blister packaging as the sealing material. The need for automatic tray sealing machines has increased as a result of the expansion of the pharmaceutical industry. This is the primary element that is anticipated to fuel the market for automatic tray sealing machines. In order to meet client demand, the automatic tray sealing machine now has innovative features and designs. Several heavy products can be sealed with stability thanks to it. The demand for safe and quick delivery is anticipated to increase, driving the market's growth pace.
Market Restraints
The main factor among others that will hinder the market's growth is the automatic tray sealing machine's lower affordability for small businesses due to lower production and expensive installation and maintenance costs. High manufacturing costs and high capital expenses can also lower profits, which have a significant impact on the market growth rate and present further challenges to the pallet stretch wrapping machine market's growth rate.
Impact of COVID-19 on Automatic Tray Sealing Market
With the COVID-19 outbreak, the majority of the world's nations have implemented partial or total lockdowns to stop the virus's spread. This epidemic has severely damaged the worldwide industrial industry. Food and beverage supply networks and other crucial products mostly continued to run smoothly. The demand for automatic tray sealing machines was slightly affected by the delivery of the processed food. Pharmaceutical items like tablets and capsules that use blister packing as a sealant are also sealed using automatic tray sealing equipment. Pharmaceutical businesses have been forced to develop more medications than usual as a result of this pandemic. The need for automatic tray sealing machines is predicted to increase as a result, which will be favourable.
Market Segmentation
The automatic tray sealing market is segmented into packaging type and application. On the basis of packaging type it segmented into modified atmospheric packaging, vacuum skin packaging, general sealing. On the basis of application it segmented into meat, poultry and seafood, bakery and confectionary, fresh produce, ready meals, sweets and dry fruits, others.
Regional Analysis
The global automatic tray sealing market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The market for automatic tray sealing machines is dominated by the Asia-Pacific region because of the region's growing investment in the packaging industry and the expansion of numerous international packaging firms. Because automatic tray sealing machines are being imported into North America, this continent is anticipated to experience the highest growth during the projected time.
Key Players
Various key players are listed in this report such as 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).
Market Taxonomy
By Packaging Type
• Modified Atmospheric Packaging
• Vacuum Skin Packaging
• General Sealing
By Application
• Meat
• Poultry And Seafood
• Bakery And Confectionary
• Fresh Produce
• Ready Meals
• Sweets And Dry Fruits
• Others
Key Question Addressed by the Report
• What are the Key Opportunities in Global Automatic Tray Sealing Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
• What is the competitive Landscape in the industry?
Global Automatic Tray Sealing Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Automatic Tray Sealing Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Cold Chain Packaging Market, By Packaging Type
5.1 Y-o-Y Growth Comparison, By Packaging Type
5.2 Global Automatic Tray Sealing Market Share Analysis, By Packaging Type
5.3 Global Automatic Tray Sealing Market Size and Forecast, By Packaging Type
5.3.1 Modified Atmospheric Packaging
5.3.2 Vacuum Skin Packaging
5.3.3 General Sealing
6 Global Automatic Tray Sealing Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Automatic Tray Sealing Market Share Analysis, By Application
6.3 Global Automatic Tray Sealing Market Share Analysis, By Application
6.3.1 Meat
6.3.2 Poultry and Seafood
6.3.3 Bakery and Confectionary
6.3.4 Fresh Produce
6.3.5 Ready Meals
6.3.6 Sweets and Dry Fruits
6.3.7 Others
7 Global Automatic Tray Sealing Market, By Region
7.1 Global Automatic Tray Sealing Market Share Analysis, By Region
7.2 Global Automatic Tray Sealing Market Share Analysis, By Region
8 North America Automatic Tray Sealing Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Automatic Tray Sealing Market Share Analysis, By Packaging Type
8.3 North America Automatic Tray Sealing Market Size and Forecast, By Application
8.4 North America Automatic Tray Sealing Market Size and Forecast, By Country
8.5.1 U.S
8.5.2 Canada
8.5.3 Mexico
9 Europe Automatic Tray Sealing Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Automatic Tray Sealing Market Share Analysis, By Packaging Type
9.3 Europe Automatic Tray Sealing Market Size and Forecast, By Application
9.4 Europe Automatic Tray Sealing Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Automatic Tray Sealing Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia-Pacific Automatic Tray Sealing Market Size and Forecast, By Packaging Type
10.3 Asia-Pacific Automatic Tray Sealing Market Size and Forecast, By Application
10.4 Asia-Pacific Automatic Tray Sealing Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Automatic Tray Sealing Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Automatic Tray Sealing Market Size and Forecast, By Packaging Type
11.3 Latin America Automatic Tray Sealing Market Size and Forecast, By Application
11.4 Latin America Automatic Tray Sealing Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2. Rest of Latin America
12 Middle East Automatic Tray Sealing Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Automatic Tray Sealing Market Share Analysis, By Packaging Type
12.3 Middle East Automatic Tray Sealing Market Size and Forecast, By Application
12.4 Middle East Automatic Tray Sealing Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.2. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1. Ashida (Czechia)
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Proseal (U.K.)
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 MULTIVACG (Germany)
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4. G.Mondini spa (Italy)
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5. ILPRA SPA (Italy)
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6. SEALPAC (Taiwan)
14.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7. ULMA Group Spain
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8. Italianpack S.p.A (Italy)
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9. BELCA S.A. (U.S.)
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10. Orved Spa (ItalY)
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies