The food processing seals market size was valued at $2.8 billion in 2021 and is projected to reach $4.6 billion by 2031, registering a CAGR of 5.1% from 2022 to 2031. Food processing seal is a step in the packaging and processing of food items. This seal is provided for food packaging in order to avoid contamination and leakage of the food. There are various environmental factors that can cause damage, decay, or contamination of packed food items during transport and storage from which these seals are effective in providing protection.
Seals in packaging of products also provide useful information about the product. In addition, it helps in preventing contact of food products from dust and external contaminants. Customers are drawn to packaging that provides them simple access to product facts. For instance, more than 70% of purchasing choices are made in-store based on packaging and information provided. Moreover, the protection of the interior goods is another element that drives the growth of the market. A product travels hundreds of thousands of miles before reaching clients. It gets delivered through the roadways, railways, rivers, or aircraft. Distinct modes of transportation necessitate different packaging and protection of the goods within the packaging industry, which demand for durable packaging solutions. Hence, this drives the use of durable packaging solutions for shipping applications.
Food processing seals requires a type of packaging made of plastic, glass, paperboard, or metal. These materials are extensively used to form cans, containers, cartons, and other forms of packages. Thus, such seals in packaging offers unique benefits, which include increased shelf life, maintains quality of contents, and no preservatives, which acts as a boon for the global food processing seals market.
Surge in global consumption of food & beverages fuels demand for food processing seals, which propels the food processing seals market. In addition, food processing seals are widely used in the beverages industry due to their cost-effectiveness, eco-friendliness, and recyclability nature. However, one of the significant restraints for the global food processing seals market is uncertain prices of raw materials such as metals and elastomers.
In addition, during the outbreak of the COVID-19 pandemic, construction, manufacturing, hotel, and tourism industries were majorly affected. Manufacturing activities were halted or restricted. This led to decline in the manufacturing of various equipment as well as their demand in the market, thereby restraining the growth of the market. Conversely, industries are gradually resuming their regular manufacturing and services. This is expected to lead to re-initiation of companies at their full-scale capacities, that helped the market to recover by the end of 2021.
On the contrary, rise in e-commerce sales offers lucrative growth opportunities for the global food processing seals market.
Customers' demand for long-lasting packaging, as well as the upgraded or innovative packaging has grown. This is impeding the growth of small-scale industries that are unable to absorb the costs of upgrading or using new materials which has grown the adoption of food processing seals. In addition, the best chance for growth in food processing seals is in the E-commerce industry. The e-commerce industry has grown at a rapid pace over the years. It is effective in reaching clients at every nook and cranny of the globe. Hence, it is necessary to use specialized packaging to keep the product safe inside the package till it reaches the customer. Thus, this is providing more convenience to the customers, which in turn, is anticipated to offer lucrative opportunities for the food processing seals market.
The food processing seals market is segmented on the basis of material type, technology, application and region. By material, the food processing seals market is fragmented into metal, face material and elastomers. By technology, the market is categorized into vacuum and non-vacuum. By application, the market is divided into Bakery & Confectionary, Meat, Poultry & Seafood, Dairy Products, Processed Food & Beverages and others
By region, the food processing seals market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
In 2021, Europe was the highest contributor to the global food processing seals market share, and LAMEA is anticipated to secure a leading position during the forecast period.
On the basis of material type, in 2021 the metal segment dominated the food processing seals market, in terms of revenue, and the elastomers segment is expected to witness growth at the highest CAGR during the forecast period. As per technology, in 2021, the vacuum segment led the food processing seals market, and the non-vacuum segment is expected to exhibit the highest CAGR in the near future. By application, the bakery & confectionary segment led the market in 2021, in terms of revenue and the processed food & beverages segment is anticipated to register highest CAGR during the forecast period. Region wise, Europe garnered the highest revenue in 2021; and LAMEA is anticipated to register its highest CAGR during the forecast period.
Seals in packaging of products also provide useful information about the product. In addition, it helps in preventing contact of food products from dust and external contaminants. Customers are drawn to packaging that provides them simple access to product facts. For instance, more than 70% of purchasing choices are made in-store based on packaging and information provided. Moreover, the protection of the interior goods is another element that drives the growth of the market. A product travels hundreds of thousands of miles before reaching clients. It gets delivered through the roadways, railways, rivers, or aircraft. Distinct modes of transportation necessitate different packaging and protection of the goods within the packaging industry, which demand for durable packaging solutions. Hence, this drives the use of durable packaging solutions for shipping applications.
Food processing seals requires a type of packaging made of plastic, glass, paperboard, or metal. These materials are extensively used to form cans, containers, cartons, and other forms of packages. Thus, such seals in packaging offers unique benefits, which include increased shelf life, maintains quality of contents, and no preservatives, which acts as a boon for the global food processing seals market.
Surge in global consumption of food & beverages fuels demand for food processing seals, which propels the food processing seals market. In addition, food processing seals are widely used in the beverages industry due to their cost-effectiveness, eco-friendliness, and recyclability nature. However, one of the significant restraints for the global food processing seals market is uncertain prices of raw materials such as metals and elastomers.
In addition, during the outbreak of the COVID-19 pandemic, construction, manufacturing, hotel, and tourism industries were majorly affected. Manufacturing activities were halted or restricted. This led to decline in the manufacturing of various equipment as well as their demand in the market, thereby restraining the growth of the market. Conversely, industries are gradually resuming their regular manufacturing and services. This is expected to lead to re-initiation of companies at their full-scale capacities, that helped the market to recover by the end of 2021.
On the contrary, rise in e-commerce sales offers lucrative growth opportunities for the global food processing seals market.
Customers' demand for long-lasting packaging, as well as the upgraded or innovative packaging has grown. This is impeding the growth of small-scale industries that are unable to absorb the costs of upgrading or using new materials which has grown the adoption of food processing seals. In addition, the best chance for growth in food processing seals is in the E-commerce industry. The e-commerce industry has grown at a rapid pace over the years. It is effective in reaching clients at every nook and cranny of the globe. Hence, it is necessary to use specialized packaging to keep the product safe inside the package till it reaches the customer. Thus, this is providing more convenience to the customers, which in turn, is anticipated to offer lucrative opportunities for the food processing seals market.
The food processing seals market is segmented on the basis of material type, technology, application and region. By material, the food processing seals market is fragmented into metal, face material and elastomers. By technology, the market is categorized into vacuum and non-vacuum. By application, the market is divided into Bakery & Confectionary, Meat, Poultry & Seafood, Dairy Products, Processed Food & Beverages and others
By region, the food processing seals market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
In 2021, Europe was the highest contributor to the global food processing seals market share, and LAMEA is anticipated to secure a leading position during the forecast period.
On the basis of material type, in 2021 the metal segment dominated the food processing seals market, in terms of revenue, and the elastomers segment is expected to witness growth at the highest CAGR during the forecast period. As per technology, in 2021, the vacuum segment led the food processing seals market, and the non-vacuum segment is expected to exhibit the highest CAGR in the near future. By application, the bakery & confectionary segment led the market in 2021, in terms of revenue and the processed food & beverages segment is anticipated to register highest CAGR during the forecast period. Region wise, Europe garnered the highest revenue in 2021; and LAMEA is anticipated to register its highest CAGR during the forecast period.
COMPETITION ANALYSIS
Key companies profiled in the food processing seals market report include Flowserve Corp, James Walker, Meccanotecnica Umbra, A.W. Chesterton Company, SKF, Parker Hannifin Corporation, IDEX Corporation, EnPro Industries, Smiths Group plc and TrelleborgKey Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the food processing seals market analysis from 2021 to 2031 to identify the prevailing food processing seals market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the food processing seals market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global food processing seals market trends, key players, market segments, application areas, and market growth Strategies.
Key Market Segments
By Material type
- Face Materials
- Elastomers
- Metal
By Technology Type
- Vacuum
- Non Vacuum
By Application
- Bakery and Confectionary
- Meat, Poultry and Seafood
- Dairy Products
- Processed Food and Beverages
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- James Walker
- Trelleborg
- A.W. Chesterton Company
- IDEX Corporation
- EnPro Industries
- Flowserve Corp.
- SKF
- Parker Hannifin Corporation
- Smiths Group plc
- Meccanotecnica Umbra
Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Rise in Advertising and Product Development
3.4.1.2. Protection of the Product
3.4.2. Restraints
3.4.2.1. High Cost of Raw Materials
3.4.3. Opportunities
3.4.3.1. Growing E-Commerce Industry
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: FOOD PROCESSING SEALS MARKET, BY MATERIAL TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Metal
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Face Materials
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Elastomers
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
CHAPTER 5: FOOD PROCESSING SEALS MARKET, BY TECHNOLOGY TYPE
5.1. Overview
5.1.1. Market size and forecast
5.2. Vacuum
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Non Vacuum
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
CHAPTER 6: FOOD PROCESSING SEALS MARKET, BY APPLICATION
6.1. Overview
6.1.1. Market size and forecast
6.2. Bakery and Confectionary
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Meat, Poultry and Seafood
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Dairy Products
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country
6.5. Processed Food and Beverages
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market share analysis by country
6.6. Others
6.6.1. Key market trends, growth factors and opportunities
6.6.2. Market size and forecast, by region
6.6.3. Market share analysis by country
CHAPTER 7: FOOD PROCESSING SEALS MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast By Region
7.2. North America
7.2.1. Key trends and opportunities
7.2.2. Market size and forecast, by Material type
7.2.3. Market size and forecast, by Technology Type
7.2.4. Market size and forecast, by Application
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. Key market trends, growth factors and opportunities
7.2.5.1.2. Market size and forecast, by Material type
7.2.5.1.3. Market size and forecast, by Technology Type
7.2.5.1.4. Market size and forecast, by Application
7.2.5.2. Canada
7.2.5.2.1. Key market trends, growth factors and opportunities
7.2.5.2.2. Market size and forecast, by Material type
7.2.5.2.3. Market size and forecast, by Technology Type
7.2.5.2.4. Market size and forecast, by Application
7.2.5.3. Mexico
7.2.5.3.1. Key market trends, growth factors and opportunities
7.2.5.3.2. Market size and forecast, by Material type
7.2.5.3.3. Market size and forecast, by Technology Type
7.2.5.3.4. Market size and forecast, by Application
7.3. Europe
7.3.1. Key trends and opportunities
7.3.2. Market size and forecast, by Material type
7.3.3. Market size and forecast, by Technology Type
7.3.4. Market size and forecast, by Application
7.3.5. Market size and forecast, by country
7.3.5.1. Germany
7.3.5.1.1. Key market trends, growth factors and opportunities
7.3.5.1.2. Market size and forecast, by Material type
7.3.5.1.3. Market size and forecast, by Technology Type
7.3.5.1.4. Market size and forecast, by Application
7.3.5.2. France
7.3.5.2.1. Key market trends, growth factors and opportunities
7.3.5.2.2. Market size and forecast, by Material type
7.3.5.2.3. Market size and forecast, by Technology Type
7.3.5.2.4. Market size and forecast, by Application
7.3.5.3. UK
7.3.5.3.1. Key market trends, growth factors and opportunities
7.3.5.3.2. Market size and forecast, by Material type
7.3.5.3.3. Market size and forecast, by Technology Type
7.3.5.3.4. Market size and forecast, by Application
7.3.5.4. Italy
7.3.5.4.1. Key market trends, growth factors and opportunities
7.3.5.4.2. Market size and forecast, by Material type
7.3.5.4.3. Market size and forecast, by Technology Type
7.3.5.4.4. Market size and forecast, by Application
7.3.5.5. Rest of Europe
7.3.5.5.1. Key market trends, growth factors and opportunities
7.3.5.5.2. Market size and forecast, by Material type
7.3.5.5.3. Market size and forecast, by Technology Type
7.3.5.5.4. Market size and forecast, by Application
7.4. Asia-Pacific
7.4.1. Key trends and opportunities
7.4.2. Market size and forecast, by Material type
7.4.3. Market size and forecast, by Technology Type
7.4.4. Market size and forecast, by Application
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. Key market trends, growth factors and opportunities
7.4.5.1.2. Market size and forecast, by Material type
7.4.5.1.3. Market size and forecast, by Technology Type
7.4.5.1.4. Market size and forecast, by Application
7.4.5.2. Japan
7.4.5.2.1. Key market trends, growth factors and opportunities
7.4.5.2.2. Market size and forecast, by Material type
7.4.5.2.3. Market size and forecast, by Technology Type
7.4.5.2.4. Market size and forecast, by Application
7.4.5.3. South Korea
7.4.5.3.1. Key market trends, growth factors and opportunities
7.4.5.3.2. Market size and forecast, by Material type
7.4.5.3.3. Market size and forecast, by Technology Type
7.4.5.3.4. Market size and forecast, by Application
7.4.5.4. India
7.4.5.4.1. Key market trends, growth factors and opportunities
7.4.5.4.2. Market size and forecast, by Material type
7.4.5.4.3. Market size and forecast, by Technology Type
7.4.5.4.4. Market size and forecast, by Application
7.4.5.5. Rest of Asia-Pacific
7.4.5.5.1. Key market trends, growth factors and opportunities
7.4.5.5.2. Market size and forecast, by Material type
7.4.5.5.3. Market size and forecast, by Technology Type
7.4.5.5.4. Market size and forecast, by Application
7.5. LAMEA
7.5.1. Key trends and opportunities
7.5.2. Market size and forecast, by Material type
7.5.3. Market size and forecast, by Technology Type
7.5.4. Market size and forecast, by Application
7.5.5. Market size and forecast, by country
7.5.5.1. Latin America
7.5.5.1.1. Key market trends, growth factors and opportunities
7.5.5.1.2. Market size and forecast, by Material type
7.5.5.1.3. Market size and forecast, by Technology Type
7.5.5.1.4. Market size and forecast, by Application
7.5.5.2. Middle East
7.5.5.2.1. Key market trends, growth factors and opportunities
7.5.5.2.2. Market size and forecast, by Material type
7.5.5.2.3. Market size and forecast, by Technology Type
7.5.5.2.4. Market size and forecast, by Application
7.5.5.3. Africa
7.5.5.3.1. Key market trends, growth factors and opportunities
7.5.5.3.2. Market size and forecast, by Material type
7.5.5.3.3. Market size and forecast, by Technology Type
7.5.5.3.4. Market size and forecast, by Application
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning Strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1. A.W. Chesterton Company
9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.2. SKF
9.2.1. Company overview
9.2.2. Key Executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. Business performance
9.3. Parker Hannifin Corporation
9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. Business performance
9.4. IDEX Corporation
9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. Business performance
9.5. Flowserve Corp.
9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.5.6. Business performance
9.6. James Walker
9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.7. Meccanotecnica Umbra
9.7.1. Company overview
9.7.2. Key Executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.8. EnPro Industries
9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.8.6. Business performance
9.9. Smiths Group plc
9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.9.4. Operating business segments
9.9.5. Product portfolio
9.9.6. Business performance
9.10. Trelleborg
9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
9.10.4. Operating business segments
9.10.5. Product portfolio
9.10.6. Business performance
List of Tables
Table 01. Global Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 02. Food Processing Seals Market for Metal, by Region, 2021-2031 (Revenue, $Million)
Table 03. Food Processing Seals Market for Face Materials, by Region, 2021-2031 (Revenue, $Million)
Table 04. Food Processing Seals Market for Elastomers, by Region, 2021-2031 (Revenue, $Million)
Table 05. Global Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 06. Food Processing Seals Market for Vacuum, by Region, 2021-2031 (Revenue, $Million)
Table 07. Food Processing Seals Market for Non Vacuum, by Region, 2021-2031 (Revenue, $Million)
Table 08. Global Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 09. Food Processing Seals Market for Bakery and Confectionary, by Region, 2021-2031 (Revenue, $Million)
Table 10. Food Processing Seals Market for Meat, Poultry and Seafood, by Region, 2021-2031 (Revenue, $Million)
Table 11. Food Processing Seals Market for Dairy Products, by Region, 2021-2031 (Revenue, $Million)
Table 12. Food Processing Seals Market for Processed Food and Beverages, by Region, 2021-2031 (Revenue, $Million)
Table 13. Food Processing Seals Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 14. Food Processing Seals Market, by Region, 2021-2031 (Revenue, $Million)
Table 15. North America Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 16. North America Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 17. North America Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 18. North America Food Processing Seals Market, by Country, 2021-2031 (Revenue, $Million)
Table 19. U.S. Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 20. U.S. Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 21. U.S. Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 22. Canada Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 23. Canada Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 24. Canada Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 25. Mexico Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 26. Mexico Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 27. Mexico Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 28. Europe Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 29. Europe Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 30. Europe Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 31. Europe Food Processing Seals Market, by Country, 2021-2031 (Revenue, $Million)
Table 32. Germany Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 33. Germany Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 34. Germany Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 35. France Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 36. France Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 37. France Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 38. UK Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 39. UK Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 40. UK Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 41. Italy Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 42. Italy Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 43. Italy Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 44. Rest of Europe Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 45. Rest of Europe Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 46. Rest of Europe Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 47. Asia-Pacific Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 48. Asia-Pacific Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 49. Asia-Pacific Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 50. Asia-Pacific Food Processing Seals Market, by Country, 2021-2031 (Revenue, $Million)
Table 51. China Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 52. China Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 53. China Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 54. Japan Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 55. Japan Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 56. Japan Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 57. South Korea Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 58. South Korea Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 59. South Korea Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 60. India Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 61. India Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 62. India Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 63. Rest of Asia-Pacific Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 64. Rest of Asia-Pacific Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 65. Rest of Asia-Pacific Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 66. LAMEA Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 67. LAMEA Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 68. LAMEA Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 69. LAMEA Food Processing Seals Market, by Country, 2021-2031 (Revenue, $Million)
Table 70. Latin America Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 71. Latin America Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 72. Latin America Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 73. Middle East Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 74. Middle East Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 75. Middle East Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 76. Africa Food Processing Seals Market, by Material Type, 2021-2031 (Revenue, $Million)
Table 77. Africa Food Processing Seals Market, by Technology Type, 2021-2031 (Revenue, $Million)
Table 78. Africa Food Processing Seals Market, by Application, 2021-2031 (Revenue, $Million)
Table 79. A.W. Chesterton Company: Key Executives
Table 80. A.W. Chesterton Company: Company Snapshot
Table 81. A.W. Chesterton Company: Service Segments
Table 82. A.W. Chesterton Company: Product Portfolio
Table 83. Skf: Key Executives
Table 84. Skf: Company Snapshot
Table 85. Skf: Product Segments
Table 86. Skf: Product Portfolio
Table 87. Parker Hannifin Corporation: Key Executives
Table 88. Parker Hannifin Corporation: Company Snapshot
Table 89. Parker Hannifin Corporation: Service Segments
Table 90. Parker Hannifin Corporation: Product Portfolio
Table 91. Idex Corporation: Key Executives
Table 92. Idex Corporation: Company Snapshot
Table 93. Idex Corporation: Service Segments
Table 94. Idex Corporation: Product Portfolio
Table 95. Flowserve Corp.: Key Executives
Table 96. Flowserve Corp.: Company Snapshot
Table 97. Flowserve Corp.: Product Segments
Table 98. Flowserve Corp.: Product Portfolio
Table 99. James Walker: Key Executives
Table 100. James Walker: Company Snapshot
Table 101. James Walker: Service Segments
Table 102. James Walker: Product Portfolio
Table 103. Meccanotecnica Umbra: Key Executives
Table 104. Meccanotecnica Umbra: Company Snapshot
Table 105. Meccanotecnica Umbra: Service Segments
Table 106. Meccanotecnica Umbra: Product Portfolio
Table 107. Enpro Industries: Key Executives
Table 108. Enpro Industries: Company Snapshot
Table 109. Enpro Industries: Service Segments
Table 110. Enpro Industries: Product Portfolio
Table 111. Smiths Group PLC: Key Executives
Table 112. Smiths Group PLC: Company Snapshot
Table 113. Smiths Group PLC: Service Segments
Table 114. Smiths Group PLC: Product Portfolio
Table 115. Trelleborg: Key Executives
Table 116. Trelleborg: Company Snapshot
Table 117. Trelleborg: Service Segments
Table 118. Trelleborg: Product Portfolio
List of Figures
Figure 01. Food Processing Seals Market, 2021-2031
Figure 02. Segmentation of Food Processing Seals Market, 2021-2031
Figure 03. Top Investment Pockets in Food Processing Seals Market (2022-2031)
Figure 04. Moderate Bargaining Power of Suppliers
Figure 05. Moderate Bargaining Power of Buyers
Figure 06. High Threat of Substitutes
Figure 07. High Threat of New Entrants
Figure 08. High Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: Globalfood Processing Seals Market
Figure 10. Food Processing Seals Market, by Material Type, 2021(%)
Figure 11. Comparative Share Analysis of Food Processing Seals Market for Metal, by Country 2021-2031(%)
Figure 12. Comparative Share Analysis of Food Processing Seals Market for Face Materials, by Country 2021-2031(%)
Figure 13. Comparative Share Analysis of Food Processing Seals Market for Elastomers, by Country 2021-2031(%)
Figure 14. Food Processing Seals Market, by Technology Type, 2021(%)
Figure 15. Comparative Share Analysis of Food Processing Seals Market for Vacuum, by Country 2021-2031(%)
Figure 16. Comparative Share Analysis of Food Processing Seals Market for Non Vacuum, by Country 2021-2031(%)
Figure 17. Food Processing Seals Market, by Application, 2021(%)
Figure 18. Comparative Share Analysis of Food Processing Seals Market for Bakery and Confectionary, by Country 2021-2031(%)
Figure 19. Comparative Share Analysis of Food Processing Seals Market for Meat, Poultry and Seafood, by Country 2021-2031(%)
Figure 20. Comparative Share Analysis of Food Processing Seals Market for Dairy Products, by Country 2021-2031(%)
Figure 21. Comparative Share Analysis of Food Processing Seals Market for Processed Food and Beverages, by Country 2021-2031(%)
Figure 22. Comparative Share Analysis of Food Processing Seals Market for Others, by Country 2021-2031(%)
Figure 23. Food Processing Seals Market by Region, 2021
Figure 24. U.S. Food Processing Seals Market, 2021-2031 ($Million)
Figure 25. Canada Food Processing Seals Market, 2021-2031 ($Million)
Figure 26. Mexico Food Processing Seals Market, 2021-2031 ($Million)
Figure 27. Germany Food Processing Seals Market, 2021-2031 ($Million)
Figure 28. France Food Processing Seals Market, 2021-2031 ($Million)
Figure 29. UK Food Processing Seals Market, 2021-2031 ($Million)
Figure 30. Italy Food Processing Seals Market, 2021-2031 ($Million)
Figure 31. Rest of Europe Food Processing Seals Market, 2021-2031 ($Million)
Figure 32. China Food Processing Seals Market, 2021-2031 ($Million)
Figure 33. Japan Food Processing Seals Market, 2021-2031 ($Million)
Figure 34. South Korea Food Processing Seals Market, 2021-2031 ($Million)
Figure 35. India Food Processing Seals Market, 2021-2031 ($Million)
Figure 36. Rest of Asia-Pacific Food Processing Seals Market, 2021-2031 ($Million)
Figure 37. Latin America Food Processing Seals Market, 2021-2031 ($Million)
Figure 38. Middle East Food Processing Seals Market, 2021-2031 ($Million)
Figure 39. Africa Food Processing Seals Market, 2021-2031 ($Million)
Figure 40. Top Winning Strategies, by Year
Figure 41. Top Winning Strategies, by Development
Figure 42. Top Winning Strategies, by Company
Figure 43. Product Mapping of Top 10 Players
Figure 44. Competitive Dashboard
Figure 45. Competitive Heatmap: Food Processing Seals Market
Figure 46. Top Player Positioning, 2021
Figure 47. Skf: Net Revenue, 2019-2021 ($Million)
Figure 48. Skf: Revenue Share by Segment, 2021 (%)
Figure 49. Skf: Revenue Share by Region, 2021 (%)
Figure 50. Parker Hannifin Corporation: Net Revenue, 2019-2021 ($Million)
Figure 51. Parker Hannifin Corporation: Research & Development Expenditure, 2019-2021
Figure 52. Parker Hannifin Corporation: Revenue Share by Segment, 2021 (%)
Figure 53. Parker Hannifin Corporation: Revenue Share by Region, 2021 (%)
Figure 54. Idex Corporation: Net Sales, 2019-2021 ($Million)
Figure 55. Idex Corporation: Revenue Share by Segment, 2021 (%)
Figure 56. Idex Corporation: Revenue Share by Region, 2021 (%)
Figure 57. Flowserve Corp.: Net Sales, 2019-2021 ($Million)
Figure 58. Flowserve Corp.: Research & Development Expenditure, 2019-2021
Figure 59. Flowserve Corp.: Revenue Share by Segment, 2021 (%)
Figure 60. Flowserve Corp.: Revenue Share by Region, 2021 (%)
Figure 61. Enpro Industries: Net Revenue, 2019-2021 ($Million)
Figure 62. Enpro Industries: Revenue Share by Segment, 2021 (%)
Figure 63. Enpro Industries: Revenue Share by Region, 2021 (%)
Figure 64. Smiths Group PLC: Net Revenue, 2020-2022 ($Million)
Figure 65. Smiths Group PLC: Revenue Share by Segment, 2022 (%)
Figure 66. Smiths Group PLC: Revenue Share by Region, 2022 (%)
Figure 67. Trelleborg: Net Sales, 2020-2022 ($Million)
Figure 68. Trelleborg: Revenue Share by Segment, 2022 (%)
Executive Summary
The Food Processing Seals Market is likely to experience a significant growth rate of 5.1% from 2022-2031 owing to increasing market demand from food and packaging sector.Food Processing is the transformation of agricultural products into foods. Food processing includes many forms of processing food from grinding grains to making raw flour to home cooking. Food processing seals play a dynamic role in the food processing industry since they ensure the safety of the packed foods and beverages. It avoids the contamination and leakage of packaged food during storage and transport. There are various environmental factors that can cause damage, decay or contamination of packed food items during transport and storage. It prevents the entry of oxygen thereby reducing the chances of growth of bacteria and fungi. Food processing seals are commonly used in bakeries and confectionery, dairy products, beverages, meat poultry and seafood etc. Materials used in food processing seals are elastomers, face materials and metal.
Seals for product packaging also provide useful information about the product. In addition, it helps in preventing contact of food products from dust and external contaminants. Customers are drawn to packaging that provides them simple access to product facts. For instance, more than 70% of purchasing choices are made in-store based on packaging and information provided. Moreover, the protection of the interior goods is another element that drives the growth of the market. A product travels hundreds of thousands of miles before reaching clients. It gets delivered through the roadways, railways, rivers, or aircraft. Distinct modes of transportation necessitate different packaging and protection of the goods within the packaging industry, which demand for durable packaging solutions. Hence, this drives the use of durable packaging solutions for shipping applications.
Food processing seals requires a type of packaging made of plastic, glass, paperboard, or metal. These materials are extensively used to form cans, containers, cartons, and other forms of packages. Thus, such seals in packaging offers unique benefits, which include increased shelf life, maintains quality of contents, and no preservatives, which acts as a boon for the global food processing seals market.
Surge in global consumption of food & beverages fuels demand for food processing seals, which propels the food processing seals market. In addition, food processing seals are widely used in the beverages industry due to their cost-effectiveness, eco-friendliness, and recyclability nature. However, one of the significant restraints for the global food processing seals market is uncertain prices of raw materials such as metals and elastomers.
In addition, during the outbreak of the COVID-19 pandemic, construction, manufacturing, hotel, and tourism industries were majorly affected. Manufacturing activities were halted or restricted. This led to decline in the manufacturing of various equipment as well as their demand in the market, thereby restraining the growth of the market. Conversely, industries are gradually resuming their regular manufacturing and services. This is expected to lead to re-initiation of companies at their full-scale capacities, that helped the market to recover by the end of 2021.
On the contrary, rise in e-commerce sales offers lucrative growth opportunities for the global food processing seals market.
Customers' demand for long-lasting packaged product, as well as the upgraded or innovative packaging has grown. This is impeding the growth of small-scale industries that are unable to absorb the costs of upgrading or using new materials for every component of packaging. This is due to new investments in materials and machines. In addition, the best chance for growth in food processing seals is in the E-commerce industry. The e-commerce industry has grown at a rapid pace over the years. It is effective in reaching clients at every nook and cranny of the globe. Hence, it is necessary to use specialized packaging to keep the product safe inside the package till it reaches the customer. Thus, this is providing more convenience to the customers, which in turn, is anticipated to offer lucrative opportunities for the food processing seals market. Furthermore, the growth in efforts by different companies in order to promote their product is among the leading factors that contribute to the growth of the food processing seals market.The attractive packaging design helps in making the psychological connection with the consumer. It helps in creating the uniqueness of the product. It lets the customer know that the product they are buying is unique compared to similar products offered by other brands. Hence, attractive packaging solutions and advertising Strategies are anticipated to drive the growth of the packaging market which further drives the growth of the food processing seals market.
Key Market Insights
Depending on material, the metal segment was the largest revenue generator in 2021.By technology, the vacuum segment generated the highest revenue in 2021.
On the basis of application, the bakery & confectionary segment dominated the market in 2021.
Region wise, Europe is anticipated to dominate the global food processing seals market throughout the study period.
Companies Mentioned
- James Walker
- Trelleborg
- A.W. Chesterton Company
- IDEX Corporation
- EnPro Industries
- Flowserve Corp.
- SKF
- Parker Hannifin Corporation
- Smiths Group plc
- Meccanotecnica Umbra
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 232 |
| Published | January 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 2.8 billion |
| Forecasted Market Value ( USD | $ 4.6 billion |
| Compound Annual Growth Rate | 5.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
