The report is generated by performing high level market research analysis of key marketplace segments to identify opportunities, challenges, drivers, and market structures for clients. The analysis and estimations conducted via this form-fill-seal equipment report help to get an idea about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values. Being a wide-ranging market research report, it is sure to help grow your business in several ways. This form-fill-seal equipment market report employs the use of latest tools and techniques for researching, analysing and collecting data and information.
The report helps form-fill-seal equipment industry to divulge the best market opportunities and look after proficient information to efficiently climb the ladder of success. The statistics have been represented in the graphical format for an unambiguous understanding of facts and figures. A comprehensive data and information provided in the report can be utilized by form-fill-seal equipment industry to be acquainted with the present and upcoming opportunities and clarify the future investment in the market. With the competitive analysis of the major players in the market, the form-fill-seal equipment report lends a hand to businesses in taking better moves for improving their product and sales.
Global form-fill-seal equipment market is expected to rise from its initial estimated value of USD 16.82 billion in 2018 to an estimated value of USD 24.82 billion by 2026, registering a CAGR of 4.98% in the forecast period of 2019-2026. Increasing demand for pet food packaging among consumer is the major factor for the growth of this market.
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Form fill seal equipment is used in almost every industry, which is fed with plastics like polypropylene (PP) and polyethylene (PE) sheets so that they can produce products like bags and pouches. They are very suitable for the packaging of solid and liquid items. Sacks, bags, bottles/vials, pillow packs, envelopes, cartons, pot trays, and sachets are made from this equipment.
- Increasing popularity of pre- made pouches is driving the market.
- Growth in the food & beverages packaging industry is driving market.
- Low versatility of the packaging material is the major factor restraining the market.
- Uneconomical for Low-Density Products
Key Market Competitors: Global Form-Fill-Seal Equipment Market
Few of the major competitors currently working in the form-fill-seal equipment market are Ossid, LLC., Matrix Packaging Machinery, LLC., ALL-FILL Inc, Robert Bosch GmbH, GENERAL PACKAGING CORPORATION, Viking Masek Global Packaging, Primier Tech Chronos, Nichrome Packaging Solutions, Sacmi Beverage S.p.A., IMA, HAVER & BOECKER OHG.
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Global form-fill-seal equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of form-fill-seal equipment market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Segmentation: Global Form-Fill-Seal Equipment Market
- By Machine
- Vertical Form-Fill-Seal Equipment
- Horizontal Form-Fill-Seal Equipment
- By Product
- Bags & Pouches
- By End- User
- Food and Beverages
- Personal Care
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
Key Developments in the Market:
- In August 2018, Target Innovations announced the launch of the vertical form-fill-seal (VFFS) machines which are sturdy, fast, continuous and are easy to install. They have automatic length control feature and it also comprises a programmable logic controller (PLC) system with a touch screen display for setting machine parameters. With metal detector and checkweigher gives full high speed to this.
- In January 2018, VS International announced the launch of the GT- 5S continuous motion vertical form which has user- friendly touch screen operator interface with multi- function controls. They are powered with Trio- Motion controller and functions like sealing, bag pulling, pull roller and unwinding is controlled by high- end motion CPU with intelligent software.
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