Press release
Global Form-Fill-Seal Equipment Market to Reach $24.61 Billion by 2029, Growing at 7% CAGR
The rise in the commercial preference for packaged goods is propelling the progression of the form-fill-seal equipment market. Packaged items, those loaded into containers or pouches and used consistently by the consumer, rely on form-fill-seal equipment for their packaging, contributing to its growing market. The boom in demand for these packaged goods, therefore, fuels the expansion of the form-fill-seal equipment industry. The National Center for Biotechnology Information, a US entity that provides access to genomic and biomedical information, reported in June 2023 that consumer demand for pre-packaged food in Australia has been escalating steadily. This trend is based on substantial annual data collections from four major supermarkets that together command about an 85% market share. Each year, over 20,000 products are carefully monitored and examined using a special Data Collector App, underlining a strong upward trend in consumer preference for convenience, diversity, and quality in packaged food options nationwide. In conclusion, the burgeoning demand for packed goods is accelerating the growth of the form-fill-seal equipment market.
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What Is the projected market size and growth rate for the form-fill-seal equipment market?
The market size for form-fill-seal equipment has witnessed robust growth in the previous years. It is projected to rise from $17.81 billion in 2024 to $18.91 billion in 2025, escalating at a compound annual growth rate (CAGR) of 6.1%. The driving factors for growth in the past were due to industry rules, cost-effectiveness, market rivalry, product variety, and globalization.
The market size for form-fill-seal equipment is predicted to experience significant expansion in the forthcoming years, reaching $24.61 billion in 2029 with a compound annual growth rate (CAGR) of 6.8%. This development during the projected period can be accredited to various factors including automation and industry 4.0, sustainability, flexibility and individualization, health and sanitary measures, the rising popularity of convenience foods, along with digitization and remote overseeing. Key trends projected for this period consist of global market augmentation, the integration of smart manufacturing, adherence to regulatory laws, consumer-focused designs, and the emphasis on health and cleanliness.
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What new trends are reshaping the form-fill-seal equipment market and its opportunities?
The emergence of new technology is a growing trend in the form-fill-seal equipment market. To maintain a competitive edge, key players are introducing innovative technologies. An example is Kiefel GmbH, an industry leader based in Siegsdorf, which in August 2023, introduced a new, modular form-fill seal machine named SOLUTIONPERFORMER KFS. This machine is capable of forming, filling, and sealing up to 6,000 infusion, parenteral nutrition, or dialysis bags per hour. It offers an efficient and automated solution for form-fill-seal operations. Kiefel's form-fill-seal systems seamlessly integrate bag production, filling, and sealing in a single process, delivering maximum productivity, a compact design, and superior quality bags and machines.
What major market segments define the scope and growth of the form-fill-seal equipment market?
The form-fill-seal equipment market covered in this report is segmented -
1) By Type: Horizontal Form-Fill-Seal, Vertical Form-Fill-Seal
2) By Packaging: Cups And Trays, Bags And Pouches, Bottles, Blisters, Other Packaging
3) By End-Use: Food, Beverages, Pharmaceuticals, Personal Care, Chemicals, Other End Users
Subsegments:
1) By Horizontal Form-Fill-Seal (HFFS): Flow Wrappers, Pouch Fillers, Bagging Machines
2) By Vertical Form-Fill-Seal (VFFS): VFFS Baggers, VFFS Pouch Fillers, VFFS Multi-Head Weighers
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Which region dominates the form-fill-seal equipment market?
Asia-Pacific was the largest region in the form-fill-seal equipment market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the form-fill-seal equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the form-fill-seal equipment industry growth?
Major companies operating in the form-fill-seal equipment market are Robert Bosch GmbH, Coesia SpA, Sacmi Imola SC, Duravant Inc., ProMach Inc., Barry-Wehmiller Group Inc., Bossar Packaging SA, IMA Industria Macchine Automatiche SpA, Matrix Packaging Machinery Inc., Nichrome India Ltd., Omori Machinery Co. Ltd., All-Fill Inc., Velteko SRO, Arpac LLC, Fuji Machinery Co. Ltd., Haver & Boecker OHG, HDG Verpackungsmaschinen GmbH, MDC Engineering Inc., Busch Machinery Inc., Rovema GmbH, Fres-co System USA Inc., PFM Group, Viking Masek Global Packaging Technologies Inc., Triangle Package Machinery Company, Scholle Ipn Corporation, OMG SpA, Herrmann Ultrasonics Inc., HealthStar Inc., TurboFil Packaging Machines LLC, Wihuri Group, Premier Tech Chronos, GEA Group AG
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What Is Covered In The Form-Fill-Seal Equipment Global Market Report?
• Market Size Forecast: Examine the form-fill-seal equipment market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the form-fill-seal equipment market for a structured understanding.
• Key Players Overview: Analyze major players in the form-fill-seal equipment market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the form-fill-seal equipment market.
• Segment Contributions: Evaluate how different segments drive overall growth in the form-fill-seal equipment market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the form-fill-seal equipment market.
• Industry Challenges: Identify potential risks and obstacles affecting the form-fill-seal equipment market.
• Competitive Landscape: Review strategic developments in the form-fill-seal equipment market, including expansions, agreements, and new product launches.
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