The Automatic Tray Sealing Machines by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Automatic Tray Sealing Machines, The automatic tray sealing machines market size has grown strongly in recent years. It will grow from $5.04 billion in 2023 to $5.49 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to food packaging industry growth, hygiene and safety standards, efficiency and productivity, demand for extended shelf life, rise in ready-to-eat foods, cost-efficiency..
The automatic tray sealing machines market size is expected to see strong growth in the next few years. It will grow to $7.93 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to smart packaging integration, e-commerce expansion, rapid urbanization, globalization of food supply chains, regulatory compliance, increased demand for fresh produce packaging.. Major trends in the forecast period include advanced technology integration, customization and flexibility, online food delivery, industry 4.0 integration, market consolidation and strategic alliances..
Growing demand for ready-to-eat meals and processed food is expected to propel the growth of the automatic tray-sealing machines market going forward. Ready-to-eat meals are prepared or cooked ahead of time and require no/minimal additional cooking or processing before being consumed. Any food that has been altered in some way during preparation is considered a processed food. Automatic tray-sealing machines speed up tray-sealing packaging, allowing the food industry to keep up with new, higher production levels. For instance, in November 2022, according to Northeastern University’s Network Science, a US-based university, ultra-processed foods account for 73% of the food supply in the United States. Similarly, according to the database constructed by researchers containing approximately 50,000 food products from Walmart, 73 percent of the food supply in the United States is ultra-processed, and ultra-processed meals are 52 percent cheaper than lesser-processed alternatives on average. Therefore, the growing demand for ready-to-eat meals and processed food across the globe is driving the growth of automatic tray-sealing machines.
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The automatic tray sealing machines market covered in this report is segmented –
1) By Type: Medium Tray Sizes, Small Tray Sizes, Large Tray Sizes
2) By Packaging Type: Modified Atmospheric Packaging (MAP), Vacuum Skin Packaging (VSP), General Sealing
3) By Operating Speed: Up To 3 CPM, 4 CPM To 8 CPM, 9 CPM To 12 CPM, Above 12 CPM
4) By Application: Meat, Poultry and Seafood, Bakery and Confectionary, Fresh Produce, Ready Meals, Sweets and Dry Fruits, Other Applications
Technological advancements are the key trend gaining popularity in the automatic tray-sealing machines market. Major companies operating in the automatic tray-sealing machines market are focused on developing advanced automatic tray-sealing machines to sustain their position in the market. For instance, in April 2022, Proseal, a US-based tray sealing machinery manufacturer for the food industry, launched the CP3 fully automatic case packing system and high-speed Proseal GT2e tray sealing machine. The GT2e incorporates several proven Proseal-developed features that help to provide quality seals at high speeds and is capable of sealing up to 120 Atmospheric packs per minute. The GT2e incorporates Proseal’s innovative E-seal electric sealing technology, which increases seal force by 600% while reducing energy usage by 92%, ensuring excellent seal reliability to meet the strict requirements of the food retail sector while delivering valuable cost savings and sustainability benefits.
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