Form Fill and Sealing (FFS) Equipment Market Share, Size, Trends, Industry Analysis Report, By Type (Horizontal FFS Equipment and Vertical FFS Equipment); By Packaging Type; By Application; By Region; Segment Forecast, 2024- 2032
- Published Date:Jan-2024
- Pages: 118
- Format: PDF
- Report ID: PM3454
- Base Year: 2023
- Historical Data: 2019-2022
Report Outlook
The global form fill and sealing (FFS) equipment market size and share was valued at USD 8361.79 million in 2023 and is expected to grow at a CAGR of 7.20% during the forecast period. The surging requirement for the automation of packaging techniques and solutions among many end-use industries and increasing adoption and need for packaged food products, coupled with the rising disposable income and high purchasing power among customers worldwide, are among the primary factors driving the market growth. In addition, with the constant expansion of product ranges, major manufacturers of consumer-packaged foods need flexible packaging machines that are highly suitable for numerous goods and have a small carbon footprint, and the market is experiencing a significant growth rate.
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For instance, in February 2022, ProMach completed the acquisition of TechniBlend, a major provider of engineered process systems for the liquid processing industry that will expand the company’s processing technology portfolio.
Moreover, with the rising consumer preference for packaging in terms of packaging formats, sustainability, and product quality, several end-use industries are demanding enhanced and improved packaging machines that could effectively pack quantities of any packaging size and design, thereby creating lucrative growth opportunities for the market in the forecast period.
The outbreak of the COVID-19 pandemic has significantly impacted the growth of the form fill and sealing (FFS) equipment market. Due to the spread of the pandemic, many manufacturers have faced challenges in sourcing raw materials, shipping finished products, and meeting delivery deadlines supply chain disruptions have led to a shortage of equipment in some regions, resulting in higher prices and longer lead times, thereby these factors negatively influenced the global market.
The research study offers an in-depth analysis of the competitive landscape in the industry. It examines the top players in the form fill and sealing (FFS) equipment market based on multiple factors, including market position, sales, new developments, and products/services offered. Also, it details the key strategies like mergers, partnerships, and collaborations that have been taken by form fill and sealing (FFS) equipment industry key players to improve their position in the market.
Industry Dynamics
Growth Drivers
The growing adoption of several types of innovative technology, including motion control or human-machine interfaces and the high degree of automation of these solutions that reduces the number of overall operators needed, coupled with the extensive rise in health and safety norms that fuels the adoption opportunities for aseptic packaging items like stick packs, bags, and pouches among others, are key factors pushing the form fill and sealing (FFS) equipment market growth forward. Furthermore, the form fill and sealing equipment is increasingly being integrated with Industry 4.0 technologies such as the Internet of Things (IoT), artificial intelligence (AI), and machine learning (ML), as this integration enables manufacturers to optimize the packaging process, improve efficiency, and reduce downtime through predictive maintenance, are further anticipated to fuel the market growth over the coming years.
Report Segmentation
The market is primarily segmented based on type, packaging type, application, and region.
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By Type |
By Packaging Type |
By Application |
By Region |
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Vertical FFS equipment segment accounted for the largest market share in 2022
The vertical FFS equipment segment accounted for the largest market share in 2022 and is likely to retain its market position throughout the forecast period due to its numerous beneficial features, including speed, versatility, low operating cost, and smaller footprint, which makes them capable of producing a wide range of bag shapes through changing forming shoulders and forming tubes.
The horizontal FFS equipment segment is likely to gain a steady growth rate over the coming years on account of its growing use to pack a wide array of products with the help of the technology along with the rising prevalence to be used in applications where the product orientation, breakage, or stacking is critical. The exponential growth in the demand for food & confectionery products globally, with the drastic increase in the global population, is further anticipated to create demand in the market, as these products are commonly packed using horizontal machines.
Bags & trays segment is expected to witness the highest growth during the forecast period
The bags & trays segment is expected to grow at a significant CAGR during the anticipated period, which is mainly driven by a substantial rise in the need and use in packaging of several types of food products like yogurts, fresh, cooked, frozen meats, cheese, bacon, and single-serve jams. Additionally, with the busy lifestyles of consumers, there is a growing demand for easy-to-use and convenient packaging options, such as cups and trays, for on-the-go consumption of food and beverages.
The bags & pouches segment led the industry market with significant revenue share in 2022, mainly due to its ability to offer a convenient and cost-effective alternative to traditional packaging methods such as boxes and cans. Automation and technological advancements in form fill and sealing equipment have also made it possible to produce bags and pouches faster with greater accuracy and efficiency, along with minimal human intervention, which has increased productivity and reduced manufacturing costs.
Food & beverages segment held a significant share in 2022
The food & beverages segment held a significant market share in terms of revenue in 2022, which is highly attributable to the increasing prevalence and popularity of ready-to-eat food products and the emerging trend of single-serve bag sizes and smaller portions all over the world coupled with the drastic growth in consumption of healthy & organic beverages due to increasing consumer inclination towards consuming beverages daily.
The pharmaceuticals segment is likely to exhibit the fastest growth rate over the study period, mainly driven by numerous factors, including a constant increase in the aging population and awareness regarding several types of diseases and their adverse effects on humans. Moreover, with the introduction of many packaging styles across the personal care industry, companies opt for these unique styles and technologies to gain a competitive edge.
Asia Pacific region dominated the global market in 2022
The Asia Pacific region dominated the global market with a substantial share in 2022 and is anticipated to maintain its dominance throughout the projected period. Consumers in the APAC region are becoming increasingly aware of environmental issues and are demanding more sustainable packaging options, which has increased demand for form fill and sealing equipment that can produce biodegradable or recyclable packaging materials. Moreover, the increasing rate of urbanization and rapid increase in the population demanding ready-to-eat meals and convenience food products is also likely to boost the demand and growth of the market across the region.
For instance, according to the United Nations-Habitat’s World Cities Report 2022, the urban population in India is likely to stand at approx. 675 million by 2035, which will be the second highest after China’s one billion, and around 43.2% of Indian residents will be living in cities by 2035.
The North American region is likely the fastest-growing region, with a healthy CAGR over the projected period. The regional market growth can be largely attributed to the growing penetration and prevalence of consumer-friendly & sustainable packaging, and significant advancements in technology coupled with the presence of several government regulations and policies aimed at ensuring food safety and hygiene are also driving the demand for form-fill and sealing equipment in the region.
Competitive Insight
Some of the major players operating in the global market include ProMach Inc., Franz Haniel, Duravant, Bossar Packaging, Salzgitter, Robert Bosch, Coesia, Viking Masek Packaging, Scholle IPN, Qingdao Yilong Packaging, Matrix Packaging, Weiler Engineering, Turpack Makine Sanayi, and Sensograph Packaging.
Recent Developments
- In October 2021, Harpak-ULMA introduced a new “Artic Side Seal,” a packaging system designed for medical and food applications. The newly developed system solution provides numerous features and capabilities, including zippered & strip re-sealable, three-sided non-re-sealable formats, shrinkable films, & modified atmosphere.
- In March 2021, Scholle IPN, a leading global flexible packaging solutions provider, announced that they had acquired Spanish packaging firm ‘Bossar’ which will help them strengthen their global footprint. With the acquisition, the company will expand its sustainable solutions offering for the worldwide packaging market operating across China, India, Russia, Australia, Brazil, Chile, Canada, & the US.
Form Fill and Sealing (FFS) Equipment Market Report Scope
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Report Attributes |
Details |
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Market size value in 2024 |
USD 8948.79 million |
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Revenue Forecast in 2032 |
USD 15,607.07 million |
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CAGR |
7.20% from 2024– 2032 |
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Base year |
2023 |
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Historical data |
2019– 2022 |
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Forecast period |
2024 – 2032 |
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Quantitative units |
Revenue in USD million and CAGR from 2024 to 2032 |
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Segments Covered |
By Type, By Packaging Type, By Application, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Key Companies |
ProMach Inc., Franz Haniel & Cie. GmbH, Sacmi Imola S.C., Duravant, Bossar Packaging S.A., Salzgitter AG, Robert Bosch GmbH, Coesia S.p.A., Viking Masek Packaging Technologies, Scholle IPN, Qingdao Yilong Packaging Machinery Co., Matrix Packaging Machinery LLC, Weiler Engineering Inc., Turpack Makine Sanayi ve Ticaret Ltd., and Sensograph Packaging Technology Pvt. Ltd. |
Uncover the dynamics of the form fill and sealing (FFS) equipment sector in 2024 with detailed statistics on market share, size, and revenue growth rate meticulously curated by Polaris Market Research Industry Reports. This all-encompassing analysis extends to a forward-looking market forecast until 2032, complemented by a perceptive historical overview. Immerse yourself in the profound insights offered by this industry analysis through a complimentary PDF download of the sample report.
FAQ's
The global form fill and sealing (FFS) equipment market size is expected to reach USD 15,607.07 million by 2032.
Key players in the form fill and sealing (FFS) equipment market are ProMach Inc., Franz Haniel, Duravant, Bossar Packaging, Salzgitter, Robert Bosch, Coesia, Viking Masek Packaging, Scholle IPN, Qingdao Yilong Packaging.
Asia Pacific contribute notably towards the global form fill and sealing (FFS) equipment market.
The global form fill and sealing (FFS) equipment market is expected to grow at a CAGR of 7.2% during the forecast period.
The form fill and sealing (FFS) equipment market report covering key segments are type, packaging type, application, and region.
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