The Tray Sealing Machinery Market will register a CAGR of almost 6% by 2022

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Nov 28, 2018, 18:04 ET

NEW YORK, Nov. 28, 2018 /PRNewswire/ -- 99 pages, November 2018

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.

Read the full report: https://www.reportlinker.com/p05628456

Market Overview
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.

Competitive Landscape
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.

Read the full report: https://www.reportlinker.com/p05628456

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