Press release
Modified Atmosphere Packaging (MAP) Equipment Market Is Set To Witness Steady Growth With An Expected CAGR Of Approximately 4.8% - Fact.MR Study
Title: Global MAP Flow Wrappers Industry Current and Future OutlookThe global COVID-19 pandemic has turned several industries upside down by causing disruptions in their daily operations and limiting the supply of raw materials, hampering production and growth.
However, with the relaxations in the government regulations and an expedited vaccination drive in countries like China, the U.S., the UK, and India, the MAP Flow Wrappers industry is slowly picking up its pace. The manufacturers are preparing to reopen their production sites, abiding by the government regulations.
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Energy Consumption in the US is Leading to High Adoption of MAP Flow Wrappers Systems
The US accounts for the largest share in the construction industry. The pandemic has halted many construction-related activities, which in turn has impacted the growth of the MAP Flow Wrappers industry negatively.
However, the development in the MAP Flow Wrappers industry is rising at a steady pace with the resumption of the construction industry. The ever-growing energy consumption in the country is also generating demand for more energy-efficient MAP Flow Wrappers systems in the region.
Prominent players in the MAP Flow Wrappers industry such as Honeywell Int., and new entrants such as Apple and Google NEST are also focusing on residential construction projects to bring more innovation and comfort to the residents. Such new strategies are helping the MAP Flow Wrappers industry gradually recover from the blow of the pandemic.
Key Segments
By Operation
Fully Automatic
Semi-Automatic
Manual
By End-Use
Packaged food industry
Bakery Industry
Other
By Input:
Horizontal Flow Wrap
Vertical Flow Wrap (Fill and Seal)
By Speed Flow
High-speed flow wrapping
Medium speed flow wrapping
Low-speed flow wrapping
By Region
· North America
US & Canada
· Latin America
Brazil, Mexico, Argentina & Rest of Latin America
· Europe
Germany, France, Italy, Spain, U.K., Benelux, Russia, and the Rest of Europe
· East Asia
China, Japan, South Korea
· South Asia
India, Thailand, Malaysia, Indonesia and the Rest of South Asia
· Oceania
Australia and New Zealand
· Middle East and Africa
GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
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 an 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.
NOTE: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may time to reflect in the analysis.
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Prominent Players in Europe are Focusing on Innovative Solutions
The MAP Flow Wrappers industry in Europe suffered a tremendous fall during the pandemic, with a lack of resources and manpower required for production. Several manufacturing units were shut to contain the virus.
The prevalence of some of the global leaders in the region such as Johnson Controls and ABB Group has provided a noteworthy boost to the market growth in this region.
The high presence of service providers, government regulations to curb electricity consumption and awareness regarding the installation of building automation systems has laid out lucrative opportunities for market growth.
Who are the Key Manufacturers and Suppliers of MAP Flow Wrappers?
Some of the leading manufacturers and suppliers of MAP Flow Wrappers include
Tetra Laval
Fuji Machinery
Adelphi Group
Barry-Wehmiller Companies
West Rock
Bosch Packaging Machinery
Aetna Group, Coesia Group
Marchesini Group.
Manufacturers are continuously putting their efforts into minimizing the manual inputs and maximizing the automated processes. The same will constitute the increase in volumes of fully automated systems that require minimal human intervention. Also, the inclusion of sensors and indicating alarms in these systems would make it more reliable for the user which attracts the manufacturer's prime focus.
Technological Advancements are Leading Innovations in the Industry Automation Market in China
China is gradually recovering from the adverse effect of the pandemic due to its successful efforts in curbing the spread of the virus within the region. With almost negligible restrictions, the construction, heavy machinery, and automotive industry have started resuming operations.
Rising expenditure in technology and increasing emphasis on environmental safety are propelling the demand in the MAP Flow Wrappers industry in China. The growing interest in billboard automation and industrial displays in allowing manufacturers to gradually attain their pre-pandemic status.
India is Experiencing High Adoption of MAP Flow Wrappers Systems
The Indian MAP Flow Wrappers industry witnessed a downfall due to the pandemic. In order to follow the safety guideline, many construction sites and manufacturing units were shut until further notice.
With the relaxation of these restrictions, the manufactures operating in the automation, engineering, and construction (AEC) industry managed to gather pace in recovery. However, the second wave of the pandemic hit the MAP Flow Wrappers industry negatively, affecting the overall growth of the industry.
Being a fast-growing economy, global leaders are finding lucrative opportunities in the country, both in commercial and residential spaces, as the demand for multi-modal building automation is surging.
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Key Long-Term Trends
The global MAP Flow Wrappers industry is showing notable recovery in 2021 and will continue to offer opportunities for expansion to the players operating in the market. With the penetration of building automation in residential areas, the MAP Flow Wrappers industry will show an upward trend. Some new trends that are boosting the growth in the market are:
Internet of Things (IoT)
The Internet of Things (IoT) and the Industrial Internet of Things (IIoT) are experiencing broader acceptance in the MAP Flow Wrappers industry. The innovative technology which makes everything 'inter-connected is gaining immense popularity in both residential and commercial projects, making them technologically advanced and effective in risk management.
Edge Computing
As the number of residents increases, the data also becomes vaster. Hence, edge computing will act as a key technology in the MAP Flow Wrappers industry. Edge computing enables data security, easy accessibility, and enhanced automation in commercial and residential buildings.
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