Press release
Global Form Fill and Sealing Equipment Market Projected to Reach $17.3 Billion by 2032
The global form fill and sealing (FFS) equipment market (Markt für Formfüll- und Verschließgeräte (FFS)) is valued at $9.3 billion in 2022 and is expected to grow to $17.3 billion by 2032.FFS equipment is a fully automatic machine that is used to boost the efficiency and accuracy of packaging and is one of the best options for packing various goods, such as liquid-filled bottles, containers, and powdered food products. A flat die is used in the device, which is placed on top of an open tube or cup to create pressure between the items, causing a pouch to form inside. Form fill and seal technology enables for operational effectiveness maintenance as well as cost and resource efficiency. This equipment helps manufacturers fulfil orders profitably and with minimal resource usage.
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The steps of a vertical FFS equipment are making packages out of a huge roll of film, filling them with the product, and sealing them. By modifying the forming tubes and forming shoulders, these machines are able to produce a broad variety of bag shapes. The main factor driving the sales of form fill and sealing equipment is the growing food industry and rising consumption of packaged food items.
Key Takeaways from Market Study
• Demand for horizontal FFS equipment is projected to expand at a CAGR of 6% from 2022 to 2032.
• Market in Japan is forecasted to progress at a CAGR of 3.5% over the forecast period (2022-2032).
• The global form fill and sealing equipment market is predicted to increase at a CAGR of 6.2% during the projection period and reach US$ 17 billion by 2032.
• Market in Canada is estimated to develop at a CAGR of 5.5% through 2032.
List of Key Companies Profiled in The Report
• 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
Winning Strategy
Key market players concentrate on supplying equipment that is able to adapt to shifting consumer preferences and facilitates an effective transfer. Leading companies are implementing advanced technology into the manufacturing process to enhance the quality of the final product.
For instance,
• In 2020, Bossar partnered with AlliedFlex Technologies to handle its complete Pouch Packaging Systems Program. A new series of fully servo-controlled HFFS machines and an environmentally friendly series with sanitation facility construction are also provided by Bossar's main advances, offering advantages over more traditional mechanically run machines.
•In 2022, Matrix Packaging Machinery, LLC, partnered with Cetec Industrie, the leading master distributor of filling equipment in North America to fulfil the expanding need for pet care food packaging.
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Competitive Landscape
In response to the global surge in demand for form fill and sealing equipment, key market players are strategically enhancing their production capacities and resources by introducing innovative machines.
For example:
In 2022, Viking Masek unveiled the 4SC-235, a fully automated pouch packaging machine with a focus on small enterprises. This launch aims to provide a cost-effective and user-friendly solution for smaller pouch packaging needs, catering to the requirements of both small businesses and existing clients.
The Form Fill and Sealing (FFS) Equipment market stands as a key enabler in the packaging industry, blending tradition with innovation. From its historical significance to its future prospects, this article has explored the multifaceted aspects of the FFS equipment market. By understanding market dynamics, identifying growth factors, and seizing emerging opportunities, stakeholders can actively contribute to the continued evolution and sustainability of the FFS equipment market in the dynamic landscape of modern packaging solutions.
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