Skin Packaging Equipment Market is Anticipated To Register A Significant CAGR Over A Forecast Period

Skin Packaging Equipment Market: Introduction

The skin packaging is used for the packaging application of variety of food products such as seafood, meat, etc. In skin packaging, the product is kept on the paperboard and then covered by thin plastics sheet through the heat sealing technique. In order to pack products by this technique, skin packaging equipment is used. Generally, the operator keeps the product on the tray, and then the tray is placed on the equipment. After that, the plastics film is pulled over the tray which activates the machine cycle and then finally the skin package is discharged from the machine. The skin packaging equipment is available in standard and custom shapes and sizes in order to meet specific demands of the consumers. Basic skin packaging equipment consists of variable speed, vacuum turbine system, relay logic controls, and instant-on spirad heating elements. The non-carded skin packaging has gained significant market traction in the recent years. And the demand for skin packaging is estimated to increase substantially in the next few years due to increase in consumption levels of the food products such as meat, seafood, etc.

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Skin Packaging Equipment: Market Dynamics

Considering the demand prospects of the skin packaging equipment market, it is anticipated that the demand will increase substantially in the next few years due to increase in demand for the variety of ready-to-eat food products which could be easily stored in the convenience packaging solution. Also, the consumption of ready-to-eat and easy-to-store food products is increasing at a good average annual rate in the emerging economies which will further drive the skin packaging equipment market. However, the skin packaging equipment is unaffordable to some of the small-scale food processors which may hamper the future prospects of the market. Also, the stringent rules and regulations for the use of plastics in some of the regions may hamper the growth of the skin packaging equipment market. Presently, only handful of manufacturers supplies the skin packaging equipment globally which in turn creates lots of opportunities for the new entrants. Also, the existing players could capture significant market share by offering differentiated and innovative product offerings.

Skin Packaging Equipment Market: Regional outlook

Geographically, the global Skin Packaging Equipment market is segmented into seven regions, namely North America, Latin America, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, Western Europe, and the Middle East & Africa (MEA). North America region followed by Western Europe dominates the skin packaging equipment market due to high levels of consumption of the variety of food products and consumer goods packaged in the skin packaging. These regions may grow at a low CAGR value than other emerging markets such as APEJ, Latin America and MEA due to the high growth in consumption levels of middle-class households in the regions. India and China dominate the skin packaging equipment market in the APEJ region. However, in Latin America, Brazil and Mexico lead the market in terms of revenue generation. The Japan, MEA, and Eastern European region also offer untapped growth potential in the skin packaging equipment market.

Skin Packaging Equipment Market: Key players

Some of the players in the global skin packaging equipment market are Sealed Air Corporation, Starview Packaging Machinery, Inc., Heat Seal LLC, Mark Pack Inc., GTI Industries Inc., UltraSource LLC, Hannan Products Corporation, Cpack Ltd., Harpak-Ulma Packaging, LLC, Minipack International Pty Ltd.

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