Packaging Food Industry, Growing At A CAGR Of Around 5%, Is Expected To Drive The Market For MAP Flow Wrappers Market
MAP Flow Wrappers Market Forecast and CAGR
According to the latest research by Fact.MR, Modified Atmosphere Packaging (MAP) Equipment market is set to witness steady growth during 2021-2031 with an expected CAGR of approximately 4.8% to 5.5%. Demand for MAP flow wrappers will witness slow recovery in the short term, with an optimistic growth outlook in the long run.
As the product demand for packaged food is increasing, there is a rise in demand for MAP flow wrappers. The growing demand for packaged food items with a longer shelf life is subjected to initiate the growing demand for high automatic flow wrappers. Considering the above facts, automatic flow wrappers demand is expected to rise globally.
What is Driving Demand for MAP Flow Wrappers ?
MAP flow wrapper stands for Modified Atmosphere Packaging Equipment, used for industrial packaging. Target market of these system’s manufacturers consists of food industries involved in packaged food items like wafers, processed meat, fish, pasta or cheese who want a packaging method that can ensure a longer shelf life. Packaging food industry, growing at a CAGR of around 5%, is expected to drive the market for MAP flow wrappers as well.
An increase in demand for packaged food have driven the packet food manufacturers to look for efficient alternatives, requires less operating hand and achieve a higher speed to maximize the output capacity. Minimum involvement of operating hand in such system assures hygiene, cleanliness and reduces the chances of entering dirt which in turn delivers quality packaging.
Advantage that MAP systems having is that they are capable of removing oxygen to extend shelf life. Looking this feature and ongoing demand rise, the demand is subject to grow steadily in the period next 10 years where the packaging food industry would cross the global revenue of $4 trillion. Non-conventional practices which are highly efficient in packaging systems would account for the growth of the market.
Geographical Outlook of Global MAP Flow Wrappers Market
The global market for MAP flow wrappers is divided into six prime regions. They are North Americas, Latin America, Europe, East Asia, South East Asia & Oceania and MEA. Availability of advanced technology in the respective region, which is then driven concerning rising demand will properly balance the market development of this equipment across various regions.
North America is already a Centerpoint in innovation as well as technological development in this segment. The introduction of new food factories and food technologies will create an opportunity for the manufacturers as well as suppliers across these regions. Latin America will also slowly follow the North American market, but with steady growth in market demand.
The European market will also get triggered by technological advancements and the countries like UK, Germany and France will be leading the market demand for this equipment. In the European region, the driving factor would be higher reliability of packaging systems which proves quality and meets the high hygiene European standards.
With respect to the increase in population and increase in workforce, the demand for packet food is on the rise. This factor is set to drive the growth of this industry in developing countries like China and India, which has a huge workforce and a bigger number of working population. Countries like Japan, Korea, and Malaysia also expect to follow the same trend.
As far as MEA is concerned, automatic packaging equipment is subject to drive the bakery industry with a greater throughput that focuses on regional demands. Gulf countries like UAE, Qatar, Kuwait and Saudi Arabia are driven by this market driver and the same is followed by countries that are in Africa which will hold a noticeable share of growth in the global market.
COVID-19 Impact Outlook for MAP Flow Wrappers Market
The global effect of the COVID-19 pandemic has affected every industry and the same has put restrictions on production lines as well as marketing channels. The packaging equipment industry has suffered a loss because of restrictions put on to their consumer segment market viz. food industry and bakery industry. The closure of many factory outlets and packaging plants has put a restriction on the supply chain, thereby creating loss of business orders. This can account for slower growth in the initial phase post lockdown.
However, despite these factors, the lockdown phase has largely affected the food culture and food preferences of the public all over the world. An increase in demand for packet food saw a substantial increase in lockdown phases. This is subjected to create a positive growth impact on the packet food and bakery industry, which in turn, will drive the demand for the packaging equipment industry.
Who are the Key Manufacturers and Suppliers of MAP Flow Wrappers?
Some of the leading manufacturers and suppliers of MAP Flow Wrappers include
- Tetra Laval
- Fuji Machinery
- Adelphi Group
- Barry-Wehmiller Companies
- West Rock
- Bosch Packaging Machinery
- Aetna Group, Coesia Group
- Marchesini Group.
Manufacturers are continuously putting their efforts into minimizing the manual inputs and maximizing the automated processes. The same will constitute the increase in volumes of fully automated systems that require minimal human intervention. Also, the inclusion of sensors and indicating alarms in these systems would make it more reliable for the user which attracts the manufacturer’s prime focus.
- Fully Automatic
- Packaged food industry
- Bakery Industry
- Horizontal Flow Wrap
- Vertical Flow Wrap (Fill and Seal)
By Speed Flow
- High-speed flow wrapping
- Medium speed flow wrapping
- Low-speed flow wrapping
- · North America
- US & Canada
- · Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- · Europe
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and the Rest of Europe
- · East Asia
- China, Japan, South Korea
- · South Asia
- India, Thailand, Malaysia, Indonesia and the Rest of South Asia
- · Oceania
- Australia and New Zealand
- · Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
- · North America
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