Form-Fill-Seal Equipment Market Forecasts to 2028 – Global Analysis By Product (Cartons, Cups, Bags & Pouches), End User (Food & Beverage, Pharmaceuticals, Chemical), and By Geography

Form-Fill-Seal Equipment Market Forecasts to 2028 – Global Analysis By Product (Cartons, Cups, Bags & Pouches), End User (Food & Beverage, Pharmaceuticals, Chemical), and By Geography

According to Stratistics MRC, the Global Form-Fill-Seal Equipment Market is accounted for $20.26 billion in 2021 and is expected to reach $32.31 billion by 2028 growing at a CAGR of 6.9% during the forecast period. Form fill seal equipment is machinery that is compact and is fed with the flat type of plastics to produce packaging products. Form fill seal equipment works very fast as well as it is versatile in nature.

Market Dynamics:

Driver:

Increasing demand from the food & beverages industry

Rising use of form fill seal equipment in the food & beverages industry for packaging a variety of products. These devices help manufacturers to automate all kinds of materials such as wet, dry, and semi-moist goods which decrease labor costs and improve productivity. Demand for packaged and processed food is seeing an upward curve due to a number of factors such as hectic work schedules that drain the will for cooking and increase the need for products with longer shelf life and increase demand for ready-to-eat foods. Besides, as more and more people eat out and look for convenience food packaging, this is driving the demand for form-fill-seal equipment.

Restraint:

Inability to produce air-tight packaging

Form-fill-seal equipment is not capable to remove trapped air very quickly from the packages during the sealing process and the inadequate compatibility of the equipment with multi-ply materials and specialty paper types is restraining the market growth.

Opportunity:

Growing flexible packaging industry

Manufacturers of consumer packaged goods require flexible packaging machines that are compatible with multiple products and have a low footprint due to ever-increasing product lines. Moreover, there is a rising necessity among manufacturers for machines that can accommodate different packaging styles owing to rising consumer demand for a wide range of products. Thus, to help food manufacturers retain similar levels of production volumes by packaging the same amount of product in more bags, it is important for the manufacturers of packaging machines to provide high-speed systems capable of accommodating frequent product and packaging changeovers. So, form-fill-seal equipment is capable of addressing these requirements as they operate at a high speed, have a small footprint, and can employ a wide range of products & packaging materials.

Threat:

Cost-to-benefit ratio is a concern for small manufacturers

Form-fill-seal equipment is capital-intensive; the initial capital required to install this equipment is high. Players with high-investment capabilities are entering the market, as high returns are received only in the long term. So, small manufacturers are unwilling to invest as they do not have the capital required for the high initial investments. This discourages manufacturers from investing in this equipment and reduces the upstream demand in the market.

The vertical form-fill-seal segment is expected to be the largest during the forecast period

The vertical form-fill-seal segment is estimated to have a lucrative growth as it is the most commonly used type of packaging equipment and can be used for any product that needs to be sealed, including liquid or powdered products that are sensitive to moisture and humidity.

The food & beverage segment is expected to have the highest CAGR during the forecast period

The food & beverage segment is anticipated to witness the fastest CAGR growth during the forecast period due to the increasing demand for 100-calorie packs, the popularity of pre-made meals, coupled with the growing demand for convenient packaging will drive the food & beverages packaging industry.

Region with highest share:

North America is projected to hold the largest market share during the forecast period due to an increase in demand for pharmaceutical products, growing spending power, and changing lifestyle which have led consumers toward personal care items.

Region with highest CAGR:

Asia-Pacific is projected to have the highest CAGR over the forecast period owing to growing demand from the food & beverage and healthcare industries, and rising sales of flexible plastic packaging due to the shift from cans to stand-up pouches.

Key players in the market

Some of the key players profiled in the Form-Fill-Seal Equipment Market include The Aagard Group, LLC, Smatrix Packaging Machinery, LLC, Mespack SL, Rovema North America, Inc., Arpac LLC, Pro Mach, Ossid LLC, MDC Engineering, Inc., I.M.A. Industria Macchine Automatiche S.P.A, Hermann Ultrasonics Inc., Haver & Boecker, Busch Machinery, Inc., SACMIFILLING S.P.A., ACG Worldwide RobertBosch GmbH and Bossar.
Key Developments:

In Feb 2020, Bossar partnered with ALLIEDFLEX Technologies, as their exclusive North American sales and marketing partner to handle their complete pouch packaging systems program. Bossar’s key developments include its new series of fully servo-controlled HFFS machines and its eco-friendly series with sanitary construction that offers various advantages over more conventional mechanical operating machines.

In March 2019, Robert Bosch GmbH launched Pack 403, an automated horizontal flow wrapper ideal for packaging cookies, bars, chocolates, biscuits, and crackers. The machine can produce up to 800 packages per minute.

Types Covered:
• Vertical Form-Fill-Seal
• Horizontal Form-Fill-Seal

Products Covered:
• Cartons
• Sachets and Envelopes
• Pot Trays and Blisters
• Cups
• Bottles/Vials
• Bags & Pouches
• Other Products

End Users Covered:
• Food & Beverage
• Pharmaceuticals
• Chemical
• Personal Care & Cosmetics
• 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
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- 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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances