The global form-fill-seal equipment market is highly competitive with a large number of players. The major players in this market are Robert Bosch GmbH (Germany), SACMI FILLING S.P.A. (Italy), I.M.A. Industria Macchine Automatiche S.P.A (Italy), Haver & Boecker (Germany), Pro Mach (U.S.), The Aagard Group LLC (U.S.), MDC Engineering Inc. (U.S.), Mespack SL (Spain), and ARPAC LLC (U.S.).
In Form-fill-seal equipment Market research Additionally, with rapid urbanization, growth in the packaging industry, and increasing demand for flexible packaging across the globe, there is a rapidly increasing need for form-fill-seal equipment. The base year considered for the study is 2015, and the market size is forecasted from 2016 to 2021.
This report has been segmented on the basis of type, product, end-use, and region.
- Manufacturers of form-fill-seal equipment
- Importers and exporters of form-fill-seal equipment
- Traders, distributors, and suppliers of form-fill-seal equipment
- Consultants for form-fill-seal equipment
- Government and research organizations
- Associations and industry bodies
- End users
In form-fill-seal equipment market consumers are increasingly demanding convenience food solutions over traditional processed foods. The expectations of food quality are rising, and growing awareness of health and other issues present new challenges to retailers, packers, and packaging suppliers.
The food & beverages segment is projected to contribute the largest market share during the forecast period. Food packed in the form of various types of pouches have gained popularity across the globe.
It is also projected to grow at the highest CAGR for the next five years.
In form-fill-seal equipment market bottom-up procedure was employed to arrive at the overall market size of the global form-fill-seal equipment market from the revenue of the key players. After arriving at the overall market size, the total market was split into several segments and subsegments which were then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives.
Form-Fill-Seal Equipment Market, By Product
2 Bags & Pouches
The form-fill-seal equipment market size is projected to grow from USD 15.31 Billion in 2016 to USD 19.47 Billion by 2021, at a CAGR of 4.92% from 2016 to 2021. Form-fill-seal market is increasing proportionally with the overall packaging equipment industry and growth in flexible packaging industry.
In form-fill-seal equipment market report the increasing demand for various applications from the food & beverage, healthcare, pharmaceuticals, consumer, and chemical sectors is the major factor driving the growth of the form-fill-seal equipment market.
Form-Fill-Seal Equipment Market, By End-Use Sector
2 Form-Fill-Seal Equipment Market, By End-Use Sector
3 Food & Beverage Dominated the Form-Fill-Seal Equipment Market in 2014
4 Food & Beverage
6 Personal Care
Asia-Pacific region is projected to be fastest-growing market during forecast period, followed by North America, from 2016 to 2021. In Asia-Pacific, China is largest consumer for form-fill-seal equipment, followed by India.
China, with growing healthcare, food & beverage, consumer goods, and chemical industries would drive form-fill-seal equipment market. India, with the growing demand for small-size packed bags & inclination toward convenient packaging, will impact the form-fill-seal equipment market in Asia-Pacific region.
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