The meal tray sealing machines market is projected to reach US$ 21.6 Bn by 2031, and would grow by more than 5% CAGR, during the assessment period 2021-2031.
Meal tray sealing machines used for packaging of food products. Packaging of food products are of two types Modified Atmosphere Packaging (MAP) and Vacuum Skin Packaging (VSP).
VSP tray extends the shelf life of products by removing the atmosphere from the tray and MAP packaging preserves food by creating gaseous atmosphere surrounding a food product inside a pack, and employing packaging materials and formats with an appropriate level of gas barrier which helps to maintain the changed atmosphere at an acceptable level for preservation of the food.
The market will show highest growth in coming years, owing to shifting of consumer behavior toward easy-to-handle and convenient packaging of food product. Moreover, adoption of packaged food owing to hectic and fast-paced life of people propels the future growth of the meal tray sealing machines market.
What is Driving Demand for Meal Tray Sealing Machines Market?
Rising awareness about hygiene packaging products/solutions augmenting the growth of meal tray sealing machines market. Amid covid-19 effect the awareness about hygiene product and increasing need for packaging food as a safety concern fuels the growth of the meal tray sealing machines market.
With the help of new technologies like VAP and MAP tray desired atmosphere is created by making use of gas barrier films. Most of the tray sealing machines used is of MAP tray which has capacity to preserve food for longer period of time. Thus increasing demand for packaging food fuels the demand for meal tray sealing machines market.
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Automation in Meal Tray Sealing Machines is Driving the Adoption of Meal Tray Sealing Machines Market
Automation in meal tray sealing machines makes packaging processes more efficient and quick. Therefore, meal tray sealing machines comes under automation sector in recent years. The growth of automation sector in packaging food products drives the demand for meal tray sealing machine market.
Machine learning and automation technologies are fastest growing industries in recent years owing to improve efficiency, more productivity, and minimize human errors. Thus adoption of automation in meal tray sealing machines drives the demand of meal tray sealing machines market.
Europe Demand Outlook for Meal Tray Sealing Machines Market
Europe is the largest contributor to meal tray sealing machines market, owing to technological innovations and adoption of advanced automation infrastructure by large packaging manufacturing companies in the top European countries such as France, Germany, Italy, France, and U.K.
For instance, March 2021, Proseal announced partnership with Chefgood. This partnership helps company to install at the Chefgood factory in Moorabbin, Victoria, and to replace the company’s original tray sealer from another supplier.
Growth of machine leaning and automation industry in top economies as well as the stringent government regulations in countries like France, Germany, Italy, UK, and Spain has been one of the major driving factor for the growth of the meal tray sealing machines market.
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Asia Pacific Meal Tray Sealing Machines Market Outlook
Asia Pacific is anticipated is the second largest contributor to meal tray sealing machines market during the forecast period. The factors such as increasing disposable income of consumers, awareness among people due to COVID-19 pandemic, rising focus on hygienic packaging solutions in Asia Pacific region augments the growth of the meal tray sealing machines market in coming years.
Also rising investments in automation sector by key vendors in Asia Pacific region propels the growth of the meal tray sealing machines market.
Presence of such key vendors propels the growth of the meal tray sealing machines market in Asia Pacific region.
Who are the Major Vendors of Meal Tray Sealing Machines Market?
Some of the leading vendors and companies of meal tray sealing machines market include
Wenzhou Chunlai Packing Machinery Co.Ltd.
Multivac Sepp Haggenmüller SE & Co. KG
Webomatic Maschinenfabrik GmbH
ULMA Packaging Sdad Coop
Y-Fang Sealing Machine Ltd.
Sealpac International BV
Rotopack SRL
Multivac
Ulma Packaging
Sammic SL
Promarks
Henkelman
Electrolux Professional
PHOENIXES MULTI SOLUTIONS INC. among others.
These vendors have adopted various key strategies, to increase their customer base locally and globally. They are also spending millions of dollars into product R&D to fulfill the unmet needs of their customers for meal tray sealing machines market.
Furthermore, many companies are focusing on strategic partnership with small and mid-sized distributers present in this market to expand business at global level.
For instance, In January 202o, Promark Technology Announced U.S. Distribution Relationship With Pivot3. Through this partnership Promark distributes hyperconverged infrastructure (HCI) solutions and PCIe flash arrays to its growing base of channel partners of Pivot3 in the United States.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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