April 15, 2020

Form-Fill-Seal Machines Market Excellent Quality, Versatility, And Range Of Potential Applications

An up-to-date study by Transparency Market Research (TMR) reveals that the global form-fill-seal machines market is fragmented in nature, although Robert Bosch GmbH does hold a position of strength, accounting for 11% of the overall market shares in 2017. Some of the other key players identified by the report who are making a mark in the global form-fill-seal machines market are: Tokyo Automatic Machinery Works Ltd., Uflex Ltd., Hayssen Flexible Systems Inc., IMA Industria Macchine Automatiche SpA, Matrix Packaging Machinery LLC, Mespack SL, Ossid LLC, Bossar Packaging SA, Nichrome India Ltd., All-Fill Inc., Velteko S.R.O., Omori Machinery Co. Ltd., Sacmi Filling SpA, Webster Griffin Ltd., Arpac LLC, Fuji Machinery Co., Ltd., Pakona Engineers Pvt Ltd., and Fres-co System USA, Inc.

Looking for exclusive market insights from business experts? Request a Sample Report

As per the evaluations of the TMR report, the global form-fill-seal machines market was worth US$15.1 bn in 2016, and estimates it to exhibit a CAGR of 5.7% during the forecast period of 2017 to 2025 to reach a valuation of US$24.0 bn by 2025. As far as growth strategies are concerned, most of the key players are developing machines to increase automation and decrease human involvement in packaging. The major competition is in automation of change overs and efficient sealing. The global form-fill-seal machines market is characterized by packaging machinery manufacturers innovating in terms of design, capacity, quick change overs, and automation to stay afloat in an intensely competitive packaging machinery market. Form-fill-seal machine manufacturers are also realizing the significance of introducing developed models as part of their branding and marketing strategies. The report observes an increased emphasis on developing products that are associated with specific packaging demand, as packaging manufacturers do not frequently change the packaging type they provide and thus need specialized machine for a particular packaging type.

Bags and pouches is the in-demand product segment, and is projected for the best growth rate among other segments, viz. cups and trays, bottles and ampoules, and blisters. The food industry serves the maximum demand in the global form-fill-seal machines market in terms of end-use, whereas vertical machine type constitutes more than double of the demand posed by horizontal machines. Geographically, vastly populated Asia Pacific remains the most lucrative region.