The Global Form-Fill-Seal Market is accounted for $15.94 billion in 2017 and expected to grow at a CAGR of 5.8% to reach $26.63 billion by 2026
LONDON, July 18, 2018 /PRNewswire/ -- According to Stratistics MRC, the Global Form-Fill-Seal Market is accounted for $15.94 billion in 2017 and expected to grow at a CAGR of 5.8% to reach $26.63 billion by 2026. The rise in demand from pharmaceutical & health sector, increasing demand for single serve packs and the growing food & beverages industry are some of the factors fueling the market growth. However, low versatility in terms of packaging material is hindering the market growth. The packaging industry provides ample opportunities to the market.
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Form fill seal machine is a single compact computerized assembly line product packaging system. It is fed with flat type of plastics which includes polyethylene and polypropylene sheets in order to produce packaging products. Form fill-seal machines form the packages and fill them with wet or dry products and finally seal them to avoid any contamination.
Based on equipment, the demand for vertical equipment has driven the market with its various features such as quick setup and changeovers, proven reliability, ease of operation, minimal maintenance, and reduced operating costs.
By end user, food packaging in the form-fill-seal equipment market is growing at greater pace. Factors such as rising demand for 100-calorie packs, popularity of pre-made meals, coupled with the growing demand for convenient packaging will drive the food packaging industry. Increasing instances of food packaging in retort and stand-up pouches present an opportunity for this market to grow further. Food packaging convertors are adopting new and improved technologies for effective and efficient packaging. Hence, form–fill-seal equipment with its accuracy, higher production rate, and economical features are used by large numbers of manufacturers for food packaging.
With respect to geography, Asia pacific region is growing due to the increasing demand from the food & beverage and healthcare industries. Other factors such as rising sales of flexible plastic packaging due to the shift from cans to stand-up pouches will also drive the form-fill-seal equipment packaging market.
Some of the key players in the Form-Fill-Seal Market include IMA Industria Macchine, Automatiche SpA, The Aagard Group, LLC, Smatrix Packaging Machinery, LLC, Sacmi Filling S.P.A., Robert Bosch GmbH, Arpac LLC, Mespack SL, MDC Engineering, Inc.,
Haver & Boecker, ACG Worldwide, Pro Mach, Inc., Krones AG, GEA Group AG and Hayssen Flexible Systems Inc.
Products Covered:
• Trays
• Sachets
• Cups
• Cartons
• Bottles
• Bags & Pouches
• Pillow Packs
• Envelopes
• Blisters
• Other Products
Equipments Covered:
• Horizontal
• Vertical
End Users Covered:
• Pharmaceutical
• Personal Care
• Food
• Beverages
• Chemicals
• Other End Users
Regions Covered:
• North America
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia
• New Zealand
• South Korea
• Rest of Asia Pacific
• South America
• Argentina
• Brazil
• Chile
• Rest of South America
• Middle East & Africa
• Saudi Arabia
• UAE
• Qatar
• South Africa
• Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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