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Skin packaging is one of the most prefered carded packaging method, where the product is placed between a piece of paperboard and a thin sheet of plastic film that covers the entire product in paperboard trays. This machine is in high demand specifically in the food industry with rising demand for packaging of meat and other perishable food products. The plastic films used for packaging are mostly made of up polyethylene, PVC, Ionomer, and PET, that is sometimes assisted with vaccuum for easy packaging process. Rising consumption of meat products throughout the world has led increase in skin packaging method, that offers safe and hygienic packaging for these persishable products.
Asian and various african countries are developing in terms of manufacturing and construction sectors, owing to high foreign direct investments (FDI) from the developed economies. Thus, establishment of food, and consumer goods industries in developing countries is surging the demand of skin packaging machine throughout the developing economies. Rising disposable incomes and standard of living is another driving factor in the global skin packaging market, as it offers additional economical backup for investments in emerging market players. Improving standard of living across developing countries has increased the dependance of people over ready to eat meals and packages food products, this in return; is expected to augment the growth of skin packaging machine market globally.
Key Market Driver -
• Rapid urbanization in emerging economies • Increasing trend of packaged food with improved standard of living • Rising disposable incomes across the developing countries
Key Market Restraint -
• Rising packaging substitutes • Not an effective packaging option for heavy and fragile consumer and industrial goods
The key market players have been hit by the pandemic as most of the industries were shut down for a specific time, that disrupted the packaging industry process. While, the lockdown was imposed in major countries, manufacturers focused over improving the skin packaging machines and its techniques, to enhance the overall packaging process. Emerging players are opting for vacuum skin packaging process to minimize the complexity in packaging with limited funds and capital expenditure.
Some of the key competitors in the skin packaging machine market include Enterpack, Cpack Ltd., Hannan, Sealed Air Corporation, Du Pont de Nemours and Compan, Bemis Company, Inc., The Dow Chemical Company, WestRock Company, Bemis Company, Inc., Clondalkin Group Holdings B.V., LINPAC Packaging Limited, Display Pack Inc., G. Mondini SpA, Zappe Verpackungsmaschinen GmbH, Amar Packaging, HEAT SEAL，LLC, Visualpackaging, QVAC, Ampak, Starview Packaging Machinery, Inc, Zhejiang Dingye Machinery Co.,Ltd and others.
Asia Pacific is expected to grow exponentially over the forecast period with rapid urbanization and increase in foreign direct investments. Major market players are focusing over establishing their manufacturing plants in China, India, Malaysia, Vietnam and many other Asian countries thus creating ample of market opportuinities in the coming years. Also, China, Japan, South Korea, etc. countries have been recorded for increasing production and consumption of meat products, henceforth augments the skin packaging machine market across the region. North America is anticipated to witness progressive market growth in the near future, with rising need of skin packaging across industrial and consumer applications. On the other side, North American countries have been consuming meat and other ready to eat meals since decades, thus with rising need for safe and hygienic food quality skin packaging machine is becoming a primary packaging machine across the food industry.
Europe skin packging machine market is expected to portray substantial growth owing to developing food industry and rising demand for perishable food products across the region. European food industry is known for their automatic machines and faster production plants, therefore this leads to adoption of vaccuum skin packaging process for easier and faster packaging process. Middle East & Africa and Latin America are projected to witness steady growth with limited manufacturing industries across the regions. On the other hand, food industry in these regions are well established with continues increasing demand for packaged food products across both the regions, henceforth elevates the skin packaging market across the regions.
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