IMARC Group, a leading market research company, has recently releases report titled “Form-Fill-Seal Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global form-fill-seal equipment market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the Form-Fill-Seal Equipment Market?
The global form-fill-seal equipment market size reached US$ 11.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.
What is Form-Fill-Seal Equipment?
Form-fill-seal equipment is an automated machine used in the packaging industry. It performs a series of operations, including forming the package, filling it with the product, and sealing the package. The packages can be of different types, such as bags, pouches, sachets, or envelopes, and they can be packed with different substances, such as food, beverages, pharmaceuticals, and other consumables. It enhances the efficiency of the packaging process and ensures the consistency and accuracy of the packaging. Form-fill-seal equipment has become indispensable in industries where high volumes of products are manufactured and packaged.
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What are the Growth Prospects and Trends in the the Form-Fill-Seal Equipment Industry?
The global form-fill-seal equipment market is primarily driven by the burgeoning demand for sophisticated packaging solutions in various industries, such as food and beverage (F&B), pharmaceutical, and cosmetics. Besides this, the rise in consumer preference for convenient and sustainable packaging combined with the expanding trends of 'on-the-go' lifestyle and ready-to-eat (RTE) are supporting market growth. Furthermore, ongoing advancements in technology and the proliferation of automation have enabled manufacturers to increase their production efficiency while minimizing errors and wastage, propelling the market growth. Additionally, the increasing emphasis on reducing the carbon footprint has triggered the demand for more compact and lightweight packaging options, fuelling the need for form-fill-seal equipment. Moreover, the emergence of smart packaging concepts that focus on product safety, freshness, and tracking and the growing shift towards bio-based and recyclable materials in packaging are creating lucrative growth avenues for the market.
Who are the Key Players Operating in the the Form-Fill-Seal Equipment Market?
The report has also analysed the competitive landscape of the market with some of the key players.
- Arpac LLC (Duravant LLC)
- All-Fill Inc.
- Haver & Boecker OHG
- IMA – Industria Macchine Automatiche S.p.A.
- Matrix Packaging Machinery Inc (Pro Mach Inc.)
- Mespack (Duravant LLC)
- Nichrome Packaging Solutions
- Robert Bosch GmbH
- Sacmi Beverage S.p.A.
- Viking Packaging Technologies Inc.
What is Included in Market Segmentation?
The report has categorized the market based on product, type and end use industry.
Breakup by Product:
- Bags and Pouches
- Cartons
- Cups
- Trays
- Bottles
- Sachets
- Others
Based on Type:
- Horizontal Form Fill Seal
- Vertical Form Fill Seal
Analysed by End Use Industry:
- Food and Beverages
- Pharmaceuticals
- Personal Care
- Others
Regional Analysis:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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