The market is expected to generate an incremental $ opportunity of US$ 4,123.66 Mn between 2022 and 2032
Category: Packaging Published Date : October 2022 ID: CVC-00302 Format: PDF Pages: 290
Form-Fill-Seal (FFS) Packaging Machine Market Size Analysis
According to a recent survey conducted by ChemView Consulting, the Global Form-Fill-Seal (FFS) Packaging Machine Market grew at a CAGR of 4.1% between 2017-2021 and is estimated to be US$ 9412.7 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 3.7% and is expected to reach a valuation of US$ 13,536.4 Mn by 2032 end.
Using automated computer-operated technology, form-fill-seal (FFS) machinery creates flexible to rigid packaging while reducing the possibility of contamination throughout the manufacturing process. Online film printing has affordable operational expenses and provides legible bar codes and other product information. As a result, it is widely used in the food and beverage (F&B) industry for packaging beverages, granulates, extruded snack food, spices, and seasonings.
THE FOOD INDUSTRY WILL CONTINUE TO DRIVE DEMAND FOR FFS PACKAGING MACHINERY
Due to industry output growth and manufacturers’ expenditures in new production and packaging facilities, the food manufacturing industry is anticipated to account for 66.0% of the global packaging machinery gains. Changes in consumer packaging preferences and more competition in the global food sector will also encourage operators to replace less effective equipment with more powerful ones (e.g., short packaging runs and greater customization capabilities).
Improving regulatory frameworks in emerging and developed nations will promote growth (e.g., environmental, product, and safety standards). This pattern will increase demand for more sophisticated FFS models, such as those with ultra-clean capabilities, and help FFS technology overtake standalone filling machines in market share.
LESS AVAILABILITY OF TRAINED SPECIALISED STAFF HINDERS THE MARKET
The market for form-fill-seal (FFS) packaging machines is anticipated to increase slower than other markets during the forecast period due to a lack of educated specialized employees and the affordability of labor in emerging economies.
HIGH DEMAND IN THE PACKAGING INDUSTRY WILL CREATE MORE OPPURTUNITIES
The form-fill-seal (FFS) packaging machine is currently one of the most well-liked and commonly utilized packaging machine types. The main reason manufacturers in the packaging sector favor these machines is that they can create a variety of packaging and are compatible with quick changes from one pack size to another. The pharmaceutical, cosmetic, and food industries, among others, have significant demand for form-fill-seal (FFS) packaging machines for flexible packaging, which is anticipated to propel the growth rate of the form-fill-seal (FFS) packaging machine market globally.
Market Segments Covered in Report
By End-Use Industry:
By Region and Country:
How does vertical form fill seal function?
A typical bagging device used to package goods into bags as part of a production line is a vertical fill seal machine or VFFS. This machine begins by assisting in forming the bag from roll stock, as suggested by its name. The merchandise is then placed inside the bag, which is sealed in preparation for shipping.
Why is the food and beverages segment expected to expand the fastest during the forecast period?
Due to industry output growth and manufacturers’ expenditures in new production and packaging facilities, the food manufacturing industry is anticipated to account for 66.0% of the worldwide packaging machinery gains. Customers’ changing tastes for package design and the escalating rivalry in the global food sector will also encourage operators to switch out less effective equipment for more effective ones. The improvement of regulatory frameworks in both emerging and developed nations will promote growth. This pattern will increase demand for more sophisticated FFS models, such as those with ultra-clean capabilities, and help FFS technology overtake standalone filling machines in market share.
The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.
These actions have enabled market participants to increase their clientele and revenue. With the increasing demand for FSS packaging in the worldwide industry, market players can anticipate attractive growth prospects in the future.
Some of the key developments that have taken place in the Form-Fill-Seal (FFS) Packaging Machine Market include:
A list of some of the key suppliers present in the market are:
Report Coverage and Highlights
|Historical data available for
|USD Million for Value and Tons for Volume, and CAGR from 2022 to 2032
|Key regions covered
|North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa
|Key countries covered
|US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt
|Key segments covered
|By Product, Type, End-Use Industry, and Region
|Available upon Request
|Pricing and purchase options
|Available upon Request