The global sales of automated tray fill and seal machines are estimated to be worth USD 2.5 billion in 2021 and are anticipated to reach a value of USD 3.8 billion by 2031. Sales are projected to rise at a CAGR of 4.1% over the forecast period between 2021 and 2031. The revenue generated by automated tray fill and seal machines market in 2020 was USD 2.4 billion.
The market for automated tray fill and seal machines is driven by a number of key drivers. Increased demand for effective and time-saving packaging solutions from the food, pharmaceutical, and consumer goods industries drives growth. Rising labour costs and, correspondingly, a need to make manufacturing processes more automated in order to enhance productivity and reduce errors propels the demand for automated packaging solutions in manufacturing.
Growth in consumers' preference for pre-packaged, ready-to-eat, and convenience food items accelerates the demand for higher levels of packaging solutions. Further, stringent hygiene and safety regulations in the food and healthcare industries accelerate the use of automated tray systems. Technology in designing machinery, such as the integration of IoT and AI for precision and monitoring, drives market growth.
| Attributes | Key Insights |
|---|---|
| Historical Size, 2020 | USD 2.4 billion |
| Estimated Size, 2021 | USD 2.5 billion |
| Projected Size, 2031 | USD 3.8 billion |
| Value-based CAGR (2021 to 2031) | 4.1% |
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Global automated tray fill and seal machines market provides an optimum packaging machineries for industries where packaging protects the product from contamination by microorganism present in the air, direct sunlight or water.
The major application of automated tray filling and sealing machine is used in pharmaceutical, food & beverage, personal care products, chemicals and many more. Increasing demand for packed products, rise in household incomes and steady increment of use of automation in several end-use industries will build the demand for automated tray fill and seal machines in the market.
High demand for small size quantities, single-use product pack is estimate to agitate the sales of the automated tray fill and seal machines market in the foreseeable future.
The major factor that will accelerate the growth of the automated tray fill and seal machines market is the consumer goods industry which nowadays requires steadfast flexible packaging machines to balance the demand of the consumer. The tray filling and sealing machine will automatically pack the product into the container and seal it for further transportation.
To help the manufacturers attain the level as same as of the production is to provide high systems which are self-sufficient of making product and packaging changeovers. Therefore, the automated tray fill and seal machines market will provide the required speed in addition to this produce a low carbon footprint in comparison to traditional packaging belts. Thus they will be able to empower a wide range of products over comparative less time.
Principal Consultant
The packaging sector has seen an exponential rise of complete automation in the packaging process. End-use industries nowadays are shifting from semi-automated to fully automatic processes, which has increased the output capacity of the product and decreased the dependence on manual labour.
The use of automated tray fill and seal machines is risen exponentially due its utilization in consumer products, pharmaceuticals and food & beverage industries.
As with their introduction cost of labour has decreased and output capacity can be increased as per requirement, they also have the capability of running consistently for longer duration without any hindrance which will be seen as a reason for the rise in sales for automated tray fill and seal machines in the market in the coming years.
Home delivery of consumer products, medicines are having a spike in sale, as people like being in their comfort zone. Products are nowadays packed most effectively to reduce the vulnerabilities in the delivery systems.
Fast flexible products are the requirement of a working family there comes automated tray fill and seal machines which plays an important role as they provide the resources required to make products easily and efficiently packed, therefore there will be a steady increase in the demand for the market in the forecasted period.
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Global Players
Asia Pacific Players
The key strategies adopted by key players
As China is an emerging economy, there is a steady increase in household income which directly affects the standard of living in middle-class families, as a result, there is a large consumption of extra income flowing to the food and beverage industries which are accounting for the increase in demand for automated tray fill and seal machines market.
Also, low manufacturing and machines component cost in china is further escalate the market growth of automated tray fill and seal machines in China. Skyrocketing demand for convenient packaging products will propel the demand of the market over the forecast period.
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Automated Tray Fill and Seal Machines Market
