Global Tray Sealing Machinery Market 2018-2022

Some of the key findings from our tray sealing machinery market forecast report are summarized below

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Global tray sealing machinery industry outlook

The global packaging market is expected to grow at a rate of around 7% during the forecast period. The increasing adoption of packaged food items due to rising disposable income of consumers in several countries is identified as a major factor responsible for this rapid growth. The purchasing pattern has also undergone a major change with customers preferring flexible packaging over rigid packaging. There is also an increasing demand for ready-to-eat meals served in trays. These factors are boosting the demand for modified atmosphere packaging (MAP), which, in turn, is driving the tray sealing machinery market growth at a CAGR of almost 6% during the forecast period.

During modified atmosphere packaging (MAP), the surrounding atmosphere of the food product is modified by vacuum, gas flushing, or controlled permeability of the packing. The biochemical, enzymatic, and microbial actions, responsible for food degradation can be controlled by using this packaging procedure. Food packed using MAP does not have to undergo any chemical procedure such as freezing or canning and remain fresh without the need to change temperature. A mixture of oxygen, carbon dioxide, and nitrogen is contained within a high barrier package in MAP. This mixture of gases can be modified according to the respiratory needs of the packaged product. Thus, the shelf life of the food products can be increased considerably through the use of MAP. The global MAP market registered a growth rate of 4.30% in 2017. Since tray sealing machinery is one of the equipment used for MAP, its growing demand will consequently boost the growth of the tray sealing machinery market.

Top tray sealing machinery companies covered in this report

The global tray sealing machinery market is fairly concentrated with the presence of several companies competing for the market share. The market is in the innovation phase and the competition is expected to become less intense by the end of the forecast period. To help clients improve their revenue shares in this market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this tray sealing machinery market analysis report suggests strategies companies can follow and recommends key areas they should focus on, in order to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading companies, including:

• Barry-Wehmiller Companies
• I.M.A. INDUSTRIA MACCHINE AUTOMATICHE
• ISHIDA
• KHS
• ProMach

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Tray sealing machinery market segmentation based on product

• Manual and semi-automatic tray sealing machines
• Fully automatic tray sealing machines

The manual and semi-automatic tray sealing machines dominated the tray sealing machinery market in 2017. However, advancements in robotics and automation will lead to increased adoption of fully automatic tray sealing machines during the next five years.

Tray sealing machinery market segmentation based on geographic region

• Americas
• APAC
• EMEA

The APAC region accounted for the largest share of the tray sealing machinery market in 2017. With increasing investments in the packaging industry and the expansion of various multinational manufacturing companies in the region, the market share of APAC will continue to grow throughout the next five years.

Key highlights of the global tray sealing machinery market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the tray sealing machinery market during the next five years
• Precise estimation of the global tray sealing machinery market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the tray sealing machinery industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of tray sealing machinery companies

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