The form-fill-seal equipment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Form-Fill-Seal Equipment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The form-fill-seal equipment market size has grown strongly in recent years. It will grow from $16.87 billion in 2023 to $17.95 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to industry regulations, cost efficiency, market competition, product diversification, globalization.
The form-fill-seal equipment market size is expected to see strong growth in the next few years. It will grow to $23.06 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to automation and industry 4.0, sustainability, customization and flexibility, health and hygiene standards, rise of convenience foods, digitalization and remote monitoring. Major trends in the forecast period include global market expansion, smart manufacturing integration, regulatory compliance, consumer-centric designs, health and hygiene priorities.
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Scope Of Form-Fill-Seal Equipment Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Form-Fill-Seal Equipment Market Overview
Market Drivers –
The increasing demand for packaged products is driving the form-fill-seal equipment market forward. Packaged products are products that are packed in pouches or containers and used on a day-to-day basis by the consumer. Form-fill-seal machinery is used in the packaged goods industry for packaging products. Thus, the increasing demand for packaged products drives the form-fill-seal equipment market forward. For instance, in 2021, according to the Consumer Brands Association, a US-based trade association of consumer goods manufacturers, consumer packaged goods sales saw year-on-year growth of 8%, with sales totalling $1.62 trillion. Additionally, according to a survey published on Frontiers Media, a Swiss publisher of peer-reviewed articles and scientific papers, out of all the participants reviewed from 14 states in India, 91.3% of respondents agreed that they were actively consuming packaged foods and beverages. Therefore, the increased demand for packed products is driving the form-fill-seal equipment market forward.
Market Trends –
Major companies operating in the faecal extraction system market are developing innovative products such as automated fecal tests to meet larger customer bases, more sales, and increase revenue. Automated fecal tests refer to diagnostic procedures designed to analyze and detect various components, characteristics, or abnormalities in fecal samples using automated or mechanized processes. For instance, in November 2022, Eiken Chemical Co. Ltd, a Japan-based manufacturer of clinical diagnostics and equipment, launched OC-SENSOR Ceres, an automated faecal immunochemical test or faecal calprotectin analyzer. The distinctive feature of OC-SENSOR Ceres lies in its ability to replicate the analytical performance of the high-end model, OC-SENSOR PLEDIA, within a local laboratory setting. Additionally, it offers enhanced usability through added functions such as barcode management for reagent lot and expiration dates, as well as automated retest and dilution retest capabilities. The introduction of OC-SENSOR Ceres guarantees a seamless integration for laboratories in the European Union and other nations that depend on the OC-SENSOR series, facilitating the effortless use of fecal immunochemical tests and fecal calprotectin test products in their diagnostic workflows. OC-SENSOR Ceres maintains its compact design and features for user-friendly operation. It achieves random access for up to three measurement items, including hemoglobin and calprotectin in feces, utilizing the existing dedicated stool collection devices, OC-Auto Sampling Bottle 3.
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 Packagings
3) By End-Use: Food, Beverages, Pharmaceuticals, Personal Care, Chemicals, Other End Users
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Regional Insights –
Asia-Pacific was the largest region in the form-fill-seal equipment market in 2023 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.
Key Companies –
Major companies operating in the form-fill-seal equipment market report are Robert Bosch GmbH, Coesia SpA, Salzgitter AG, 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, Franz Haniel & Cie GmbH, Winpak Ltd., 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, Bosch Rexroth AG, OMG SpA, Herrmann Ultrasonics Inc., HealthStar Inc., TurboFil Packaging Machines LLC, Wihuri Group, Premier Tech Chronos, GEA Group AG
Table of Contents
1. Executive Summary
2. Form-Fill-Seal Equipment Market Report Structure
3. Form-Fill-Seal Equipment Market Trends And Strategies
4. Form-Fill-Seal Equipment Market – Macro Economic Scenario
5. Form-Fill-Seal Equipment Market Size And Growth
…..
27. Form-Fill-Seal Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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