Market Research Report
Global Form-fill-seal Equipment Market Size study, By Type, By Product, By End-use Sector, and Regional Forecasts 2021-2027
|Global Form-fill-seal Equipment Market Size study, By Type, By Product, By End-use Sector, and Regional Forecasts 2021-2027|
Published: January 20, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global Form-fill-seal Equipment Market is valued at approximately USD 18.68 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.92% over the forecast period 2021-2027. Form-fill-seal equipment or machines is a packaging system that packages dry or wet products and seals them firmly. Most FFS systems use flexible film to create primary packages like pouches or bags. This system is highly adopted by the food industry for packaging pastes, snack foods, liquids, and powdered products along with the pharmaceutical industry for manufacturing powder sachets, IV bags, and stick packs. With the increasing popularity of pre-made pouches, 100-Calorie packs, and pet food packaging coupled with the growth of the food & beverage, healthcare, the aseptic packaging industry is surging the market demand across the globe. For instance, as per the Food Export Association, after the US and China, Japan is the third-largest packaged food market globally recorded with USD 182.1 billion in 2019. Thus, it exhibits growth of around 3.3% and USD 5.7 billion since 2015. However, low versatility in terms of packaging materials and uneconomical for low-density products impede the growth of the market over the forecast period of 2021-2027. Also, rising demand for stand-up pouches, retort packaging, and other types of packaging are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Form-fill-seal Equipment market study include Asia Pacific, North America, Europe, Latin America and the Rest of the World. Asia Pacific is the leading region across the world in terms of market share owing to the potential growth of the food & beverage and healthcare industries coupled with the growing demand for flexible plastic packaging owing to the growing trend of stand-up pouches. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as the growing population, increasing standard of living of the population, and rising investments for the R&D activities by the leading market players would create lucrative growth prospects for the Form-fill-seal Equipment market across the Asia-Pacific region.
Major market players included in this report are:
Sacmi Imola S.C.
Robert Bosch GmbH
Franz Haniel & Cie. GmbH
Barry-Wehmiller Group, Inc.
Bossar Packaging S.A.
I.M.A. Industria Macchine Automatiche S.P.A
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Bags & pouches
Others (blister packs, roll stocks, envelops, and packaging tapes)
By End-use Sector
Food & beverage
Others (chemical, automotive, hardware, and industrial)
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Form-fill-seal Equipment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
List of figures