Global Form Fill Seal Machines Market Size study & Forecast, by Machine Type (Vertical, Horizontal), by Packaging Type (Cups & Trays, Bags & Pouches, Bottles, Blisters, Vials & Ampoules, Syringes & Injectable), by End-Use Industry (Food, Beverages, Pharmaceuticals, Cosmetics & Personal Care, Chemical, Others) and Regional Analysis, 2022-2029
Global Form Fill Seal Machines Market is valued at approximately USD 11 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2022-2029. Form-fill-seal (FFS) machines use automated computer-controlled technology to manufacture flexible to rigid packages while lowering the risk of leakage throughout the manufacturing process. One of the most common packing machines in the packaging industry — is the continuous automatic form-fill-seal (FFS) machine. When forming, filling, and sealing products, it has the benefit of high speed and efficiency compared to individual machines. The key factors driving the market growth include rising demand for aseptic packaging industry, growing demand of pet food packaging and rising food & beverage packaging industry.
According to Statista, the market for food packaging was valued at USD 305.29 billion in 2019 and is projected to increase at a compound annual growth rate (CAGR) of 5.4% from 2020 to 2027, anticipated to reach USD 464.98 billion by 2027. Also, increasing flexible packaging industry is likely to provide opportunities for the market share expansion of Form Fill Seal Machines. However, the low versatility in terms of packaging material stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Form Fill Seal Machines Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the expansion of food & beverage industry, rising population, and growing disposable income in the region. North America is expected to grow at the highest CAGR during the forecast period., Factors such as growing consumer preference for convenience packaging solutions coupled with rising demand for consumer friendly and sustainable packaging would create lucrative growth prospects for the global Form Fill Seal Machines Market across the North America region.
Major market players included in this report are:
Viking Masek Packaging Technologies
Scholle IPN
Effytec USA, LLC
Qingdao Yilong Packaging Machinery Co.
Matrix Packaging Machinery, LLC
Uflex Limited
Weiler Engineering, Inc.
Turpack Makine Sanayi ve Ticaret Ltd. Sti.
Nichrome Packaging Solutions
nVenia LLC
Recent Developments in the Market:
In 2022, the REVO machine, developed by ROVEMA GmbH, can form, fill, and seal 130 flat paper bags for frozen food per minute. It will be exhibited and available at Hispack 2022.
In 2022, to meet the expanding need for pet care food packaging in the market, Matrix Packaging Machinery, LLC, collaborated with Cetec Industrie, the leading master distributor of filling machinery in North America.
Global Form Fill Seal Machines Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Machine Type, Packaging Type, End-Use Industry, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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:
By Machine Type:
Vertical
Horizontal
By Packaging Type:
Cups & Trays
Bags & Pouches
Bottles
Blisters
Vials & Ampoules
Syringes & Injectable
By End-Use Industry:
Food
Beverages
Pharmaceuticals
Cosmetics & Personal Care
Chemical
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World
Companies Mentioned
Viking Masek Packaging Technologies
Scholle IPN
Effytec USA, LLC
Qingdao Yilong Packaging Machinery Co.
Matrix Packaging Machinery, LLC
Uflex Limited
Weiler Engineering, Inc.
Turpack Makine Sanayi ve Ticaret Ltd. Sti.
Nichrome Packaging Solutions
nVenia LLC
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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