Dublin, Oct. 24, 2023 (GLOBE NEWSWIRE) -- The "Form Fill and Sealing (FFS) Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Form Fill and Sealing (FFS) Equipment Market to Reach $13.7 Billion by 2030
The global market for Form Fill and Sealing (FFS) Equipment estimated at US$8.4 Billion in the year 2022, is projected to reach a revised size of US$13.7 Billion by 2030, growing at a CAGR of 6.3% over the analysis period 2022-2030.
Horizontal FFS Equipment, one of the segments analyzed in the report, is projected to record 6% CAGR and reach US$6.1 Billion by the end of the analysis period. Growth in the Vertical FFS Equipment segment is estimated at 6.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 9% CAGR
The Form Fill and Sealing (FFS) Equipment market in the U.S. is estimated at US$1.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2030 trailing a CAGR of 9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 5.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Form-Fill-Seal (FFS) Equipment: An Introduction
- Types of Form-Fill-Seal Machines
- Form-Fill-Seal (FFS) Equipment: Market Prospects and Outlook
- Vertical FFS Machinery: The Widely Used Type of FFS Machinery Worldwide
- Food & Beverage Industry Leads the Global FFS Machinery Market
- Asian Economies at the Forefront of Growth in FFS Machinery Market
- Global Economic Environment Influences Form-Fill-Seal Machinery Market Dynamics
- Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2017 through 2020
- Form Fill and Sealing (FFS) Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
MARKET TRENDS & DRIVERS
- Packaging Industry Dynamics Influence Trends in the Packaging Machinery Market
- With Demand Rising for Convenient, Flexible and Versatile Packaging Solutions, Food & Beverage Industry Witnesses High Use of FFS Machinery
- Surging Demand for Flexible Packaging Format Fuels Market Growth
- Flexible Packaging Sector Presents Considerable Growth Opportunity for FFS Machinery Market
- Growing Prominence of Stand-Up Pouches for Packaging Fuels Demand for Automatic FFS Machines
- Increasing Demand for Aseptic Packaging Solutions Augurs Well for FFS Machinery Market
- Global Aseptic Packaging Market: Annual Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024
- FFS Machines Gain Demand for Single Serve Packaging Formats
- Increasing Use of Blow/Fill/Seal Technology in Pharmaceutical Packaging Applications
- Demand Continues to Rise for Horizontal Tubular Form Fill Seal Technology
- Select Trends in the Form Fill Seal Equipment Market
- Rising Significance of Ultrasonic Sealing in FFS Equipment
- Increasing Integration of Vision Inspection Technology into Thermoform-Fill-Seal Machines for Healthcare Sector
- Growing Need for Packaging Customization Fuels Demand for Form-Fill-Seal Machines
- Stick Pack Packaging Provides New Growth Avenues for FFS Market
- Packaging Versatility Drives Innovations in FFS Machinery
- Macro Growth Factors Impacting FFS Machinery Market
- Expanding Global Population
- Aging Population and Millennial Generation Consumers
- Rapid Pace of Urbanization
- Changing Lifestyles & Demographic Structure
FOCUS ON SELECT PLAYERS (Total 100 Featured)
- Arpac LLC (USA)
- ACG Worldwide (India)
- Bossar Packaging S.A (Spain)
- GEA Group AG (Germany)
- IMA - Industria Macchine Automatiche S.p.A. (Italy)
- KHS GmbH (Germany)
- MDC Engineering, Inc. (USA)
- Mespack SL (Spain)
- ProMach, Inc. (USA)
- Robert Bosch Packaging Technology GmbH (Germany)
- Sacmi Filling SpA (Italy)
For more information about this report visit https://www.researchandmarkets.com/r/pyesml
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