Press release
Automatic Tray Sealing Machines Market Estimated Growth Curve, Key Market Trends, Overview 2024 - 2033
"The new report published by The Business Research Company, titled ""Automatic Tray Sealing Machines Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, 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 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%.
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Automatic Tray-Sealing Machines Market Surges Amidst Growing Demand For Ready-To-Eat Meals And Processed Foods
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.
Technological Advancements Drive Momentum In The Automatic Tray-Sealing Machines Market
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.
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
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Major companies operating in the automatic tray sealing machines market report are Multivac Sepp Haggenmüller SE & Co. KG., Ishida Co. Ltd., G.Mondini SPA, ILPRA SPA, Sealpac GmbH, ULMA Group, Italianpack SPA, BELCA S.A., Orved SPA, Veripack SRL, Cima-Pak Corporation, Webomatic Maschinenfabrik GmbH, The Platinum Package Group, Ossid LLC, Tramper Technology SA, Proseal UK, Multivac Canada Inc., Allpack, Tecnovac Srl, Form Plastics Company, Scandivac, John Bean Technologies Corporation, Accu-Seal Corporation, Audion Elektro B.V., Belco Packaging Systems Inc., Beseler Shrink Packaging, Clamco Corporation, Eastey Enterprises, Fuji Impulse America Corp. .
Contents of the report:
1. Executive Summary
2. Automatic Tray Sealing Machines Market Report Structure
3. Automatic Tray Sealing Machines Market Trends And Strategies
4. Automatic Tray Sealing Machines Market - Macro Economic Scenario
5. Automatic Tray Sealing Machines Market Size And Growth
…..
27. Automatic Tray Sealing Machines Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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