DUBLIN--(BUSINESS WIRE )--The "Form-Fill-Seal (FFS) Packaging Machine Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The form-fill-seal packaging machine market is expected to reach a CAGR of 6.82% over the forecast period from 2021 - 2026
Continuous automatic Form-fill-seal (FFS) packaging machine is currently one of the most popular packaging machine types being used in the packaging industry. It has the advantage of high speed and efficiency compared to individual machines for forming, filling, and sealing of products. As consumer-packaged goods companies struggle with employee retention, machinery that helps with changeovers and troubleshooting problems is on the rise. FFS packaging machines now come with motion control and human-machine interfaces (HMIs), making it easier to execute the process.
Today's shoppers expect multiple choices in products and the type of packaging. That is one of the reasons a brand's number of SKUs is increasing. Also, flexible packaging continuing to dominate on rigid containers in several categories demands versatility and speedy changeover for machines that make these packages high.
Consumers are seeking simpler, less-processed clean label food products, as well as local ones, prompting many vendors to enter the market with unique creations that have limited retail distribution and are sold mostly online. As a result, food processing companies, including contract manufacturers, face a proliferation of shorter product runs and the need for frequent equipment changeovers. In this case, FFS machines are emerging as an ideal solution.
Individually Quick Frozen (IQF) snack, fresh-cut, and cheese applications typically require a longer seal time in the manufacturing of its packaging. This is why FFS machines are engineered to perform exceptionally well in these industries. The rise in demand for pet food packaging drives the market.
The growing aseptic packaging industry also drives the market due to the potential of packaging to cater to the need for high and uniform product quality, higher nutrient retention, and avoid the bisphenol A (BPA) controversy. VFFS packaging machines occupy less floor space on the factory floor than horizontal packaging machines and deliver speed and accuracy of operations across the food and pharmaceutical industries. These machines have sophisticated features such as computer interfaces and control systems, which make them easy to program and monitor.
The outbreak of COVID-19 has positively impacted the market growth, especially for food and beverage and pharmaceutical packaging machinery vendors. This is because of the increased demand for various food products and medicines from both online and offline channels. Packaging companies are working round the clock to fulfilling the increased request since people are purchasing in bulk to avoid frequent visits and stock up the products in case of any extended quarantine.
The form-fill-seal packaging machine market is fragmented as the major manufacturers in the market face stiff competition from smaller players. The companies present in the market are competing on price, distribution network, innovation, and brand reputation. Also, mergers and acquisitions, partnerships, and technological innovations are some of the primary strategies adopted by these companies to ensure long-term growth. Key players are Winpak Ltd., HDG Verpackungsmaschinen GmbH, etc.
4.1 Market Overview (covers COVID-19 impact)
4.2.1 Growing Demand of Aseptic Packaging Industry
4.2.2 Rise in Demand of Pet Food Packaging
4.3.1 Uneconomical for the Low Density Products
4.5 Industry Attractiveness - Porter's Five Force Analysis
5.1.1 Vertical Form Fill Seal Equipment
5.1.2 Horizontal Form Fill Seal Equipment
6.1.13 ProMach (Matrix Packaging Machinery, LLC)
6.1.17 Chung Shan Machinery Works Co Ltd
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900