Understand How The Automatic Tray Sealing Machines Market Is Set To Grow In Through 2023-2032 – Includes Automatic Tray Sealing Machines Market Overview
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The global automatic tray sealing machines market is on a growth trajectory, poised to evolve from $4.64 billion in 2022 to an anticipated $5.05 billion in 2023, reflecting a robust Compound Annual Growth Rate (CAGR) of 8.8%. Looking further ahead, the market is projected to reach $7.05 billion in 2027, maintaining a steady CAGR of 8.7%.
Driving Force: Appetite for Convenience
- Demand for Ready-to-Eat Meals: The automatic tray-sealing machines market is propelled by the escalating demand for ready-to-eat meals and processed foods. Ready-to-eat meals, requiring minimal additional cooking or processing, are gaining significant traction among consumers worldwide.
- Processed Food Dynamics: Processed foods, altered in some way during preparation, fall within the purview of the automatic tray-sealing machines market. These machines accelerate tray-sealing packaging, enabling the food industry to meet elevated production levels.
- UK Ready Meals Landscape: In the UK, a snapshot survey in 2021 revealed that 88% of adults consume ready meals or ready-to-cook foods. Two out of every five individuals partake in ready-to-eat meals weekly, contributing to a substantial market valued at £3.9 billion.
Industry Leaders: Key Players at the Helm
The automatic tray sealing machines market is shaped by key industry players making strategic strides. Major participants include MULTIVAC, G.Mondini SPA, Sealpac GmbH, ULMA Group, The Platinum Package Group, and others.
Technological Leap: Paving the Future of Tray Sealing
- Focus on Technological Advancements: Technological advancements emerge as a pivotal trend gaining traction in the automatic tray-sealing machines market. Industry leaders are dedicating efforts to develop cutting-edge machines to fortify their market positions.
- Proseal’s Innovations: In April 2022, Proseal, a US-based tray sealing machinery manufacturer, introduced the CP3 fully automatic case packing system and the high-speed Proseal GT2e tray sealing machine. The GT2e integrates Proseal’s E-seal electric sealing technology, boosting seal force by 600% while reducing energy usage by an impressive 92%.
- Superior Sealing at High Speeds: Proseal’s GT2e is capable of sealing up to 120 Atmospheric packs per minute, ensuring quality seals at high speeds. The electric sealing technology not only enhances seal reliability but also delivers substantial cost savings and sustainability benefits.
Market Segmentation: Navigating Diverse Dimensions
The automatic tray sealing machines market showcases diversity, segmented based on crucial parameters:
- Type: Medium Tray Sizes, Small Tray Sizes, Large Tray Sizes – recognizing the varied sizes of trays catered to by automatic sealing machines.
- Packaging Type: Modified Atmospheric Packaging (MAP), Vacuum Skin Packaging (VSP), General Sealing – acknowledging different packaging methodologies employed in tray sealing.
- Operating Speed: Up To 3 CPM, 4 CPM To 8 CPM, 9 CPM To 12 CPM, Above 12 CPM – capturing the diverse speed specifications of automatic tray-sealing machines.
- Application: Meat, Poultry and Seafood, Bakery and Confectionary, Fresh Produce, Ready Meals, Sweets and Dry Fruits, Other Applications – reflecting the extensive range of applications within the food industry.
Regional Dynamics: Asia-Pacific Takes the Lead
- Asia-Pacific’s Dominance: In 2022, Asia-Pacific emerged as the largest region in the automatic tray sealing machines market, reflecting robust market presence and high adoption rates.
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The Automatic Tray Sealing Machines Global Market Report 2023 provides an overview of the automatic tray sealing machines market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The automatic tray sealing machines market forecast analyzes automatic tray sealing machines market size, automatic tray sealing machines market share, leading competitor and their market positions.
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