Global Tray and Sleeve packing machines market: Introduction
The global food industry has witnessed significant growth in consumption, in the last couple of decades, leading to increased demand for efficient and hygienic food packaging solutions.
As emerging economies slowly witness increasing penetration of automation in the industry, it is expected that tray and sleeve packing machines will be preferred due to their ease of use and maintenance.
On the contrary, it might be limited to an appropriate fraction of the whole process.
As companies realize the efficiency and benefits associated with automation, they are expected to incorporate it into their manufacturing process, which will facilitate growth of the tray and sleeve packing machines.
One of the major factors which are expected to hamper growth of the global tray and sleeve packing machines, is the presence of a large number of small to medium players in the market.