Download Free Sample
Table of Contents
Form fill seal packaging equipment is used in almost every industry today. These equipment are fast, cost effective solutions for packaging that save significant space in the plant. These are commonly used in industries like food & beverage, pharmaceutical, cosmetic, chemical, agriculture, dairy and many more. The market is witnessing strong growth owing to rising demand from packaging industry in food and beverage industry, pharmaceutical, chemical and consumer products.
The form fill seal packaging equipment is widely used by small to medium sized businesses as they offer benefits such as low investment cost, take limited space and are able to fill large number packages in less time. Several manufacturers are offering machines that offer continuous operation and customized machine designs as per the requirement of the client which enables customers to fill specialized products like edible powders, dry food, and liquids into bags and pouches. Growing technological advancements in machine design to get faster, accurate processes, increased flexibility in machinery, software adaptations with easier user interface, quick changeovers will offer several lucrative opportunities for the market in the forecast period.
Form Fill Seal Equipment Market is segmented into cartons, trays, bottles, sachets, bags & pouches and cups. The bags & pouches segment accounted for the largest revenue share in 2023 and is anticipated to sustain its dominance over the forecast period. Bags & pouches product packaging is extensively used for high speed packaging. With the rise in demand for lightweight and economical packaging solutions, the demand for Bags & Pouches has increased. In addition to this increasing adoption of Eco-friendly, novel durable materials for packaging beverages and other food items will enhance the growth of the segment in the forecast period.
Competitive analysis included in research study helps users to understand key players market positioning and marketing strategies. To stay ahead in the competition manufacturers are focusing on product differentiation through innovative product offerings capable of functioning at greater speed and precision. They are offering products with better designs, functions and working processes. Such as ultrasound sealing for heat sensitive products, narrow sealing band to reduce excess and save on material use, thermoform-fill-seal applications in the healthcare arena, vision inspection for detecting cavities, seal imperfections and discovering contaminants.
Furthermore, companies are also engaging in inorganic strategies such as acquisitions, mergers, collaborations, and strategic partnerships. For instance, in November 2020 AR Packaging a leading provider of packaging solutions acquired Kroha Germany based family owned company which manufactures folding cartons and leaflets. The acquisition will improve AR Packaging’s focus on healthcare packaging. Similarly in March 2020 Coveris a US based packaging company acquired Plasztik-Tranzit Kft, a flexible packaging solutions for the food industry. The acquisition targets high-tech packaging production of Coveris in Europe developing its capacity in the medical, food and films businesses.
On the basis of applications, the global Form Fill Seal Equipment Market is categorized into pharmaceuticals, personal care, food & beverages and chemical products. The food & beverages segment accounted for a major share in the global Form Fill Seal Equipment Market, in 2023, in terms of value. Rising number of new food and beverage products, demand for smaller packages, sachets, pouches, surge in ready to drink beverages and rising mandatory regulatory policies in food packaging are some key factors for the growth of the segment. For consumer protection, there are labeling laws and food drug administration regulations that require information to be incorporated over packaging, such as an ingredient list, date of manufacture, expiry date, effects of consumption and batch ID so the product can be traced. These factors will drive the segment growth in the forecast period. Personal care segment was the fastest growing segment and projected to grow at the highest CAGR in the Market during 2023-2029.
Regional outlook of research study is based on analysis of market in North America, Europe, Asia Pacific, Middle East, South America, and Africa & Rest of the World. Asia pacific dominated the global Form Fill Seal Equipment Market accounting largest revenue market share in 2023. The market in this region is witnessing a drastic transformation in manufacturing, filling and packaging of FMCG, pharmaceutical and other consumable products. Market is full of opportunities for local and global companies due to expanding industrialization, rapidly growing economies and proliferation in the manufacturing sector. The region has seen rapid growth in the food and beverage industry since the last two decades.
Booming foreign direct investment in beverage industry, rise in disposable income, growing dairy industry, changing dietary patterns are expected to proliferate the growth of the food and beverage industry in the region. In addition to this rising demand for form fill seal equipment in pharmaceuticals, personal care, food & beverages and chemical products is anticipated to secure the leading position during the forecast period. North America is expected to witness the fastest growth in the forecast period owing to rising demand for form fill seal equipment in the food and beverages industry, pharmaceutical industry and growing stringent food safety and regulatory policies. South America and the Middle East and Africa are emerging markets and are expected to witness substantial growth in coming years owing to the evolving packaging industry and significant rise in the food and beverage industry.
Global Form Fill Seal Equipment Market : Product Types
Global Form Fill Seal Equipment Market : Application
Global Form Fill Seal Equipment Market : Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Global Form Fill Seal Equipment Market :
Geographical analysis of Global Form Fill Seal Equipment Market :
Global Form Fill Seal Equipment Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 19233.57 million |
Forecast Value (2031) |
USD 28852.66 million |
CAGR (2025-2030) |
5.2 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Form Fill Seal Equipment Market was valued at around USD 19233.57 million in 2023 & estimated to reach USD 28852.66 million by 2030.
Form Fill Seal Equipment Market is likely to grow at Compound Annual Growth Rate (CAGR) of 5.2% between 2024 to 2030.
Form Fill Seal Equipment Market is dominated by the Bags & Pouches segment and the Asia-Pacific region holds the highest market share in 2023.
Some of the top key players in the Form Fill Seal Equipment Market are
Booming foreign direct investment in beverage industry, rise in disposable income are primary driving factors.
Yes, the report includes COVID 19 impact on the market.
Inquire Before Buying
We are committed to offering 100 % free customization while purchasing.
Receive a detailed insight into the Form Fill Seal Equipment Market research study with our FREE sample report delivered straight to your email. The report covers major market factors such as Revenue, Forecast, Top companies insight, Regional analysis, Market trends & more.
Download Free Sample