Global Form Fill and Sealing (FFS) Equipment Market 2015-2019
About Form Fill and Sealing Equipment
Form fill and sealing equipment are used in the packaging of F&B, pharmaceuticals, chemicals,and consumer products. Each FFS machine forms the packaging material from a roll or a stack. Then the formed packaging material is filled and sealed.
Technavio's analysts forecast the global form fill and sealing (FFS) equipment market to grow at a CAGR of 5.53% in terms of revenue over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global form fill and sealing equipment market for the forecast period 2014-2019. This report covers all applications of form fill and sealing for different types of packaging and modes of transportation.To calculate the market size, the report considers revenue generated from the following two major segments:
Technavio Announces the Publication of its Research Report – Global Form Fill and Sealing (FFS) Equipment Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Form Fill and Sealing (FFS) Equipment Market: Accutek Packaging Equipment, Bosch Packaging Technology, Ronchi Mario and Tetra Laval
Other Prominent Vendors in the market are: ACMAVOLPAK (Coesia Group), Filling Equipment Company, GEA Group, JBT, KHS, Krones, Matrix Packaging Machinery (Pro Mach), Scholle Packaging and Wraptech Machines
Commenting on the report, an analyst from Technavio’s team said: “Manufacturers are integrating robotics to increase productivity and reduce labor costs, which in turn will reduce the overall cost of production. Robots can enhance automated machine-loading processes by allowing the machine infeed to meet the production capabilities of the packaging machine. Reduction in wastage of packaging materials, a smaller factory footprint, and timely rectification of operational problems are some of the major advantages of robotic packaging machinery.”
According to the report, packaged food, beverage, and personal care product companies are demanding enhanced packaging products and solutions with unique designs to meet increased production requirements and help create more product differentiation. Also, consumers prefer to buy food products that are of high value for money, quality, and have a long shelf life. Therefore, advanced packaging is gaining traction in the market.Further, the report states that energy efficiency is a major challenge affecting the market growth.
Accutek Packaging Equipment, Bosch Packaging Technology, Ronchi Mario, Tetra Laval, ACMAVOLPAK (Coesia Group), Filling Equipment Company, GEA Group, JBT, KHS, Krones, Matrix Packaging Machinery (Pro Mach), Scholle Packaging, Wraptech Machines