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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