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Form Fill Seal Machine Market Overview
Form-fill-seal machines are referred to systems that form packages, fill them with the desired product, whether dry or wet and then seal the packaging. Most of such form-fill-seal machines form the basic packaging using a flexible film in the form of a bag or a pouch. A form-fill-seal machine is a computerized assembly system which is highly efficient and operates at high speed. It is equipped with automated interfaces and control systems. A form-fill-seal machine is used in multiple industry verticals such as chemical, pharmaceuticals, food & beverages, and electronics to aid faster and more secure packaging.
Due to such a widespread application of form-fill-seal machines across various sectors, the global form-fill-seal machine market is expected to garner a 5% CAGR during the forecast period of 2017-2023. Consistent growth in the food & beverages sector is prognosticated to prompt significant growth in the global form-fill-seal machine market. Some other factors driving the market include a rise in the awareness towards the environment, changing lifestyles, and increasing health consciousness among people. Also, a surge in the authenticity and brand loyalty for particular brands is likely to drive the global form-fill-seal machine market. Growing retail industry and a rise in the adoption of the nuclear family system are also anticipated to showcase considerable growth in the global form-fill-seal machine market. Burgeoning growth in the pharmaceutical industry, cosmetic industry, and the personal care industry are likely to demand more form-fill-seal machines, driving the global market further.
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Key Players
Market Research Future has profiled a list of noteworthy players in the global form-fill-seal machine market in its latest report. Some of the key players include Haver GEA Group AG, Krones AG, Robert Bosch GmbH, Industria Macchine Automatiche SpA, John Bean Technologies Corporation, Sacmi Filling Spa, Pro Mach Inc., Boecker OHG, KHS GmbH, and Scholle IPN Corporation.
Industry Update
November 2017: Bosch SVE, launched by Bosch GmbH has made it easier to build attractive packaging while cutting down packaging costs. Bosch SVE is a continuous-motion bagger, which can seal the heat-sealable films entirely, including corner seals and both sides of the zipper flange (top to bottom) to allow better dispensation of the product.
Market Segmentation
The global form fill-seal market is segmented on the basis of product, type, and end user. By product, form-fill-seal machine market is segmented into bags and cartons. The segment of bags is anticipated to dominate the global form-fill-seal machine market during the forecast timeline owing to the growing use of bags by packaging companies. By end user, the form-fill-seal market is segmented into food & beverage, pharmaceuticals, and personal care. The segment of food & beverage is estimated to grow the fastest over the review period, due to its feasibility in storage, and shipping.
By type, the form-fill-seal market is segmented into horizontal and vertical. The vertical segment governed the market in 2016 and is expected to emerge as the fastest-growing segment due to a wide range of applications as compared to other forms of packaging. Further, quick setup and changeovers, easier procedures, and higher economies of scale provided by vertical form-fill-seal machines are likely to push greater adoption of the same.
Detailed Regional Analysis
The Market Research Future report has been studied for the regional segments of North America, Europe, the Asia Pacific (APAC), and the Rest of the World (RoW). The Asia Pacific (APAC) is estimated to garner the fastest market growth for form-fill-seal machines during the review period. Such growth is attributable to growing demand in the food & beverage industry, as well as, the healthcare industry in the region. Developing countries like India and China have made significant investments in the food processing industry, raising the demand for bags or packaging products, hence, driving the form-fill-seal machine market to a great extent. China is likely to emerge as the largest manufacturer and supplier of form-fill-seal machines and projects substantial growth opportunities for many key players.
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