Global Tray Sealing Machinery Market 2018-2022
About this market
Tray sealing machinery manufacturers are investing heavily in research and development to upgrade their products with new features. For instance, ProMach introduced several new tray sealing solutions under the brand name Ossid in 2016. The vacuum skin pack/modified atmosphere packaging feature of its OTS-10VMAP tabletop tray sealer ensures a longer shelf life of food products such as pork, beef, chicken, and vegetables. Similarly, Craword Packaging launched SL6 Wide Bodied Tray Sealing Machine in 2017, with a new tool that can seal 4 trays per cycle, thereby enhancing its efficiency by 30%. Thus, the new features and upgrades in tray sealing machinery will be a key trend driving the growth of the market. Technavio’s analysts have predicted that the tray sealing machinery market will register a CAGR of almost 6% by 2022.
Increasing demand for modified atmosphere and vacuum packaging
The demand for modified atmosphere packaging (MAP) is growing with several packaging companies adopting this procedure to increase the shelf life of food products. This procedure requires the modification of the atmosphere surrounding the food products to prevent the degradation of food items. Tray sealing machinery can be used to pack food items with MAP. Thus, the increasing demand for MAP will fuel the growth of the tray sealing market during the forecast period.
Issues related to machinery safety and hygiene
There are primarily three zones for machines namely product zone, splash zone, and non-product zone. To avoid food contamination, the product zone needs to be cleaned regularly. Since, most of the cleaning is done manually, accidents or machine damage can occur while cleaning delicate parts. Production cost can increase by 10% to provide proper training and knowledge to workers. The maintenance cost of machinery also increases in case of disinfection requiring opening of machine parts. These factors contribute to the increasing maintenance cost and thereby hamper market growth.
For the detailed list of factors that will drive and challenge the growth of the tray sealing machinery market during 2018-2022, view our report.
The market appears to be fairly concentrated and with the presence of several companies including Barry-Wehmiller Companies and I.M.A. INDUSTRIA MACCHINE AUTOMATICHE the competitive environment is intense. Factors such as the growing popularity of modified atmosphere packaging, will provide considerable growth opportunities to tray sealing machinery manufacturers. Barry-Wehmiller Companies, I.M.A. INDUSTRIA MACCHINE AUTOMATICHE, ISHIDA, KHS, and ProMach are some of the major companies covered in this report.
Technavio Announces the Publication of its Research Report – Global Tray Sealing Machinery Market 2018-2022
Technavio recognizes the following companies as the key players in the global tray sealing machinery market: Barry-Wehmiller Companies, I.M.A. INDUSTRIA MACCHINE AUTOMATICHE, ISHIDA, KHS, and ProMach.
Commenting on the report, an analyst from Technavio’s team said: “Tray sealing machinery vendors are offering products with new features and upgrades. This will drive the demand for tray sealing machinery during the forecast period and thereby boost market growth.”
According to the report, one of the major drivers for this market is the growing demand for modified atmosphere and vacuum packaging. The food products packaged with MAP remain fresh for a longer time. This drives the demand for MAP in the packaging industry, which in turn boosts tray sealing machinery market growth.
Further, the report states that one of the major factors hindering the growth of this market are the issues related to machinery safety and hygiene. Several factors such as corrosion, toxins and dead space increase the maintenance cost of machinery which, in turn, hampers the growth of the market.
I.M.A. INDUSTRIA MACCHINE AUTOMATICHE