The form fill seal equipment market share was estimated to be worth nearly US$ 8.4 Billion in 2022 and is anticipated to grow to US$ 13.7 Billion by the end of this projection period in 2032. The worldwide sales of form fill seal equipment or machinery is projected to grow by recording a rate of 5% over this projected period.
Attributes | Values |
---|---|
Form Fill Seal Equipment Market Size Value in 2022 | US$ 8.4 Billion |
Form Fill Seal Equipment Market Forecast Value in 2032 | US$ 13.7 Billion |
Global Form Fill Seal Equipment Market Growth Rate (2022 to 2032) | 5% CAGR |
Packaging low-density products are expensive and unprofitable, presenting a major challenge for small form fill shape market participants. As a result, frequent mergers and takeovers can be witnessed in the marketplace of form-fill-seal equipment manufacturers. However, over the past few years, with the booming information and knowledge base, the target market has fragmented with the surfacing of new start-ups.
Around 83% of form fill seal Equipment Company owners presently utilize flexible packaging material, according to data from a public institution. This has encouraged the integration and expansion of business for a new type of FSS equipment in recent years.
For instance, the demand for HFFS equipment or high-performance horizontal form fills seal machines has become an emerging trend in the global form fill seal market. Noticing this huge future opportunity, many new players have also entered the market, which has diversified the product specifications and increased the competition.
Equipment that aids in switching and problem-solving is becoming more and more necessary as packaged consumer goods businesses struggle with staff retention. So adoption of advanced technologies such as motion control or human-machine interfaces (HMIs) are now standard on FFS packaging machines and have turned out to be the new face of the overall market.
Existing, as well as a new form, fill shape market players have acknowledged the changing preferences of consumers and are actively pursuing to expand on these lines.
Government intervention in concern over global warming and pollution has somewhat changed the course of business, followed by all form fill seal equipment market key players. FFS flat film composed of 80% recycled polyethylene, 65% made of PCR, and 15% made of PIR is the new segment of focus that would play a major role in determining their performance during the forecasted period.
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Form fill seal equipment is a single compact machinery which is fed with flat plastics such as polypropylene (PP) and polyethylene (PE) sheets to produce primary packaging products such as bags and pouches.
Form fill seal equipment convert these sheets into packages, fill them with dry or wet products and finally seal them without any contamination with an output rate of 20 to 50 cycles per minute. Form fill seal equipment market is growing primarily due to the increasing demand for single serve packs that have wide applications in diverse market segments.
Growing concern for health and safety standards has created market opportunities for aseptic packaging products such as aseptic bags, aseptic pouches, aseptic stick packs, etc. One of the major factor contributing to the growth of form fill seal equipment market is the speed and versatility of the equipment that allows quick changeovers in order to maintain operational productivity.
Form fill seal equipment not only maintains operational effectiveness but also allows efficiency in terms of cost and resources. Form fill seal equipment supports manufacturers in meeting their order fulfilling capabilities in a profitable and resource efficient manner.
Owing to considerable level of automation integrated into the form fill seal equipment, the machinery requires less number of operators. Form fill seal equipment can produce packaging systems including flexible packaging, semi-rigid packaging and rigid packaging. Another factor aiding in the growth of form fill seal equipment market is the versatility of the machinery to fill all kinds of products into the primary package, whether it is in the dry or liquid form.
However, form fill seal equipment have restricted ability in removing the trapped air from packages. Limited compatibility of form fill seal equipment with specialty paper types and multi-ply materials restrains the form fill seal equipment market. Moreover, form fill seal equipment requires manual adjustment of package width.
The length can be self-adjusted easily by the machine as compared to the width adjustment. Further, the adoption of more advanced technology to reduce the overall time required during production process is driving the global market for form fill seal equipment.
Form fill seal equipment market is segmented into product type and application type. On the basis of product, the form fill seal equipment market is segmented into bags, sacks, pillow packs, bottles/vials, cartons, pot trays, sachets and envelopes.
On the basis of equipment type, the form fill seal equipment market is segmented into horizontal form fill seal (HFFS) equipment and vertical form fill seal (VFFS) equipment. Owing to high demand for packaging products that require vertical orientation, VFFS equipment dominate the global form fill seal equipment market.
Geographically, the form fill seal equipment market is segmented into five key regions: North America, Asia Pacific, Europe, Latin America and Middle East and Africa (MEA). The North America form fill seal market segment dominates the global market for form fill seal equipment, owing to advancement in the engineering and manufacturing industry of the region.
North America and Europe markets combined constitute for more than one third of the global form fill seal equipment market. Growth in engineering and manufacturing capabilities of Latin American countries is expected to create investment opportunities for market players operating in the form fill seal equipment market.
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Some of the major players of form fill seal equipment market are Ossid LLC, Matrix Packaging Machinery LLC, All-Fill Inc., Robert Bosch GmbH, General Packaging Company, Viking Masek Global Packaging Technologies, Primier Tech Chronos and Nichrome India Ltd.
The report offers an accurate evaluation of the market through detailed qualitative insights and verifiable projections about market size. The projections presented in the report have been derived using proven research methodologies and assumptions.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
On the basis of application, the form fill seal equipment market can be segmented into
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Analysis and Forecast 6.1. Product Type 6.2. Application 7. Global Analysis and Forecast, By Product Type 7.1. Bags 7.2. Sacks 7.3. Pillow Packs 7.4. Bottles/Vials 7.5. Cartons 7.6. Pot Trays 7.7. Sachets 7.8. Envelopes 8. Global Analysis and Forecast, By Application 8.1. Food & Beverage 8.2. Cosmetics 8.3. Electronics 8.4. Stationery 8.5. Pharmaceuticals 8.6. Chemicals 8.7. Others (Tobacco and Medical) 9. Global Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. Asia Pacific 9.6. Japan 9.7. Middle East and Africa 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 15. Japan Sales Analysis and Forecast, by Key Segments and Countries 16. Middle East and Africa Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Product Type and Application for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Ossid LLC 19.2. Matrix Packaging Machinery LLC 19.3. All-Fill Inc. 19.4. Robert Bosch GmbH 19.5. General Packaging Company 19.6. Viking Masek Global Packaging Technologies 19.7. Premier Tech Chronos and Nichrome India Ltd.
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