Market Overview:
The global tray sealers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for processed and packaged food products, rising awareness about hygiene and food safety, and growing demand for tray sealers in developing countries. Based on type, the global tray sealers market is segmented into manual, semi-automatic, and fully automatic segments. The fully automatic segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its advantages such as high speed sealing, low wastage of packaging material, and reduced labor costs. Based on application, the global tray sealers market is segmented into food & beverage applications; medicine & pharmaceutical applications; consumer goods applications; electrical & electronic components applications; and other industrial applications. The food & beverage application segment is expected to account for a major share of the global Tray Sealer Market duringthe forecast period owingtoits growing demand from various regions acrossthe world .
Product Definition:
Tray sealers are machines used to seal food in trays. They are used to keep food fresh and prevent it from being contaminated. Tray sealers are important because they keep food safe from contamination.
Manual:
Manual sealers are used to close containers and have a higher preference over automatic sealers. The growth factor for manual sealer is that it can be customized as per the customer requirement which makes it more preferable than other types of sealers. Also, they require less investment in terms of initial cost which makes them more preferable than other types of equipment.
Also, there is no need for any sophisticated technology with manual seals as they are easy to use.
Semi-Automatic:
Semi-automatic trays sealers are used for sealing plastic and glass containers. These semi-automatic products have a pre programmed cycle which requires manual input of only set of values such as container size, number of packages to be sealed, quantity to be packed etc. The product will then go on to perform a self diagnostic test and display results on the screen. If all conditions are met the machine will automatically begin packaging operation; otherwise user can press start button manually to initiate process.
Application Insights:
The food and beverage application segment led the global market in 2017. This is attributed to increasing demand for packaged foods such as ready-to-eat meals, frozen meals, snacks, bakery products and confectionery items. In addition, rising demand for alcoholic beverages including wine and beer is expected to propel product demand over the forecast period.
The medicine and pharmaceutical application segment accounted for a significant share of revenue in 2017 owing to high product penetration across various industries including food processing where precision plays an important role during packaging of drugs along with other healthcare products such as tablets & capsules that need proper sealing before being shipped or stored at room temperature.
Regional Analysis:
Europe dominated the global market in terms of revenue share in 2017. The region is expected to witness a moderate growth rate over the forecast period owing to factors such as increasing demand for packaged food and rising geriatric population. However, Europe may not be able to capitalize on its position due to growing competition from low-cost producers in Asia Pacific countries such as China and India.
The Asia Pacific is projected to grow at a significant CAGR over the forecast period owing to rapid industrialization, improving economic conditions, and rising disposable income levels among consumers. Furthermore, government initiatives encouraging FDI are anticipated favorably impact Tray Sealers Market growth over the coming years in this region. For instance; In 2014 ‘Make in India’ campaign was launched by Indian prime minister Narendra Modi with an aim toward attracting foreign investment by reducing regulations for manufacturing sector etc.
Growth Factors:
- Increasing demand for processed and packaged food products
- Rising disposable income of consumers in developing countries
- Proliferation of supermarkets and retail stores
- Technological advancements in tray sealers industry
- Growing awareness about the benefits of using tray sealers
Scope Of The Report
Report Attributes
Report Details
Report Title
Tray Sealers Market Research Report
By Type
Manual, Semi-Automatic, Fully Automatic
By Application
Food and Beverage, Medicine and Pharmaceutical, Consumer Goods, Electrical and Electronic, Others
By Companies
SEALPAC, ULMA Packaging, Platinum Package Group, Ilpra, Ishida Europe, Yang S.R.L., Cima-Pak, Tramper Technology, Ossid, Tramper Technology, SEALPAC, Orved, Tecnovac, Cpack, Mecaplastic, Webomatic, Multivac
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Tray Sealers Market Report Segments:
The global Tray Sealers market is segmented on the basis of:
Types
Manual, Semi-Automatic, Fully Automatic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage, Medicine and Pharmaceutical, Consumer Goods, Electrical and Electronic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SEALPAC
- ULMA Packaging
- Platinum Package Group
- Ilpra
- Ishida Europe
- Yang S.R.L.
- Cima-Pak
- Tramper Technology
- Ossid
- Tramper Technology
- SEALPAC
- Orved
- Tecnovac
- Cpack
- Mecaplastic
- Webomatic
- Multivac
Highlights of The Tray Sealers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manual
- Semi-Automatic
- Fully Automatic
- By Application:
- Food and Beverage
- Medicine and Pharmaceutical
- Consumer Goods
- Electrical and Electronic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tray Sealers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tray sealers are machines that use heat and pressure to create a tight seal between two pieces of food. This prevents air and moisture from entering the container, which can cause spoilage. Tray sealers are used in a variety of industries, including grocery stores, restaurants, and convenience stores.
Some of the key players operating in the tray sealers market are SEALPAC, ULMA Packaging, Platinum Package Group, Ilpra, Ishida Europe, Yang S.R.L., Cima-Pak, Tramper Technology, Ossid, Tramper Technology, SEALPAC, Orved, Tecnovac, Cpack, Mecaplastic, Webomatic, Multivac.
The tray sealers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tray Sealers Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Tray Sealers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Tray Sealers Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Tray Sealers Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Tray Sealers Market Size & Forecast, 2020-2028 4.5.1 Tray Sealers Market Size and Y-o-Y Growth 4.5.2 Tray Sealers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Manual
5.2.2 Semi-Automatic
5.2.3 Fully Automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food and Beverage
6.2.2 Medicine and Pharmaceutical
6.2.3 Consumer Goods
6.2.4 Electrical and Electronic
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tray Sealers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Tray Sealers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Manual
9.6.2 Semi-Automatic
9.6.3 Fully Automatic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food and Beverage
9.10.2 Medicine and Pharmaceutical
9.10.3 Consumer Goods
9.10.4 Electrical and Electronic
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Manual
10.6.2 Semi-Automatic
10.6.3 Fully Automatic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food and Beverage
10.10.2 Medicine and Pharmaceutical
10.10.3 Consumer Goods
10.10.4 Electrical and Electronic
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Manual
11.6.2 Semi-Automatic
11.6.3 Fully Automatic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food and Beverage
11.10.2 Medicine and Pharmaceutical
11.10.3 Consumer Goods
11.10.4 Electrical and Electronic
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Manual
12.6.2 Semi-Automatic
12.6.3 Fully Automatic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food and Beverage
12.10.2 Medicine and Pharmaceutical
12.10.3 Consumer Goods
12.10.4 Electrical and Electronic
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Manual
13.6.2 Semi-Automatic
13.6.3 Fully Automatic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food and Beverage
13.10.2 Medicine and Pharmaceutical
13.10.3 Consumer Goods
13.10.4 Electrical and Electronic
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Tray Sealers Market: Competitive Dashboard
14.2 Global Tray Sealers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SEALPAC
14.3.2 ULMA Packaging
14.3.3 Platinum Package Group
14.3.4 Ilpra
14.3.5 Ishida Europe
14.3.6 Yang S.R.L.
14.3.7 Cima-Pak
14.3.8 Tramper Technology
14.3.9 Ossid
14.3.10 Tramper Technology
14.3.11 SEALPAC
14.3.12 Orved
14.3.13 Tecnovac
14.3.14 Cpack
14.3.15 Mecaplastic
14.3.16 Webomatic
14.3.17 Multivac