The global form fill and sealing (FFS) equipment market is expected to experience substantial growth, with a compound annual growth rate (CAGR) of 6.2%. This market is projected to expand from its 2022 valuation of US$ 9.3 billion to reach US$ 17 billion by the year 2032. Notably, there is a particularly rapid growth forecasted for vertical FFS equipment, which is expected to advance at a CAGR of 6.5% throughout the period leading up to 2032. Vertical form fill seal baggers are versatile, capable of packaging a wide range of products that require effective sealing, including liquids and powders that are sensitive to moisture.
Form fill and sealing equipment are highly efficient multifunctional machines that perform three crucial functions simultaneously: forming, filling, and sealing packaging. This integrated approach offers a significant advantage in terms of time efficiency compared to other packaging methods. Moreover, these machines are versatile, capable of producing packaging materials in various sizes and shapes to accommodate different product requirements. It’s worth noting that form fill and sealing equipment share similarities with thermoform fill seal equipment, and both find applications across diverse industries, including food and beverage, pharmaceuticals, and personal care.
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Key Takeaways from Market Study:
- Demand for horizontal FFS equipment is projected to expand at a CAGR of 6% from 2022 to 2032.
- Market in Japan is forecasted to progress at a CAGR of 3.5% over the forecast period (2022-2032).
- The global form fill and sealing equipment market is predicted to increase at a CAGR of 6.2% during the projection period and reach US$ 17 billion by 2032.
- Market in Canada is estimated to develop at a CAGR of 5.5% through 2032.
“Vertical FFS equipment has numerous advantages, including the ability to process a variety of packaging materials and seal products in an airtight container. By using this method, less manual labor is required, and more accurate packaging is possible,” says a Fact.MR analyst
Competitive landscape:
To meet the expanding demand for form fill and sealing equipment throughout the world, the top players in the market are attempting to concentrate on boosting their production capacities and resources through the introduction of new machines.
For instance :
- In 2022, with an emphasis on small enterprises, Viking Masek introduced the 4SC-235, a completely automated pouch packaging machine. By providing a more cost-effective, user-friendly solution for smaller pouch packaging needs, the launch will help small enterprises and current clients.
Key Companies Profiled:
- GEA Group AG
- JBT Corporation
- KHS GmbH
- Rovema GmbH
- Krones AG
- Ronchi Mario SpA
- Accutek Packaging Equipment Companies, Inc.
- Bosch Packaging Technology
- Filling Equipment Co., Inc.
- Tetra Laval International SA
Segmentation of Form Fill and Sealing Equipment Industry Research:
· By Type :
- Horizontal FFS Equipment
- Vertical FFS Equipment
· By Packaging Type :
- Bags & Pouches
- Cups & Trays
- Blisters
- Bottles
- Others
· By Application :
- Food & Beverages
- Pharmaceuticals
- Personal Care
- Chemicals
- Others
· By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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How will be insights and market estimations provided in the Fact.MR report on the Demand of Form Fill and Sealing (FFS) Equipment make a difference?
- The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
- The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
- The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
- Provides scrutiny of the industry trends that have shaped recent government policies
- Provides an account of major breakthroughs in all segments that might change the course of the market considerably
- Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Form Fill and Sealing (FFS) Equipment Market
- Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
- Evaluates the role of various stages of funding on new growth avenues in key regional markets
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