ALBANY, N.Y., Aug. 18, 2020 /PRNewswire/ -- Used in a number of industry verticals such as pharmaceuticals, food and beverages, chemicals, and electronic, form-fill-seal machines are set to witness an increase in their demand over the coming few years. From 2019 to 2027, the global form-fill-seal equipment market will expand at a compound annual growth rate of about 4%.
As per Transparency Market Research, "Growth in food and beverage industry will propel global form-fill-seal equipment market on to a higher growth trajectory. Longer work hours and reduced time to fix balanced and nutritious meals is leading people towards processed and packaged food, driving growth in the market."
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Key Findings of Global Form-fill Seal Equipment Market Study:
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Key Drivers of Growth in Global Form-fill-seal Equipment Market:
Transparency Market Research has identified numerous trends and drivers that are impacting growth in the global form-fill-seal equipment market in a positive manner. One of the factors is growth in pharmaceutical, and cosmetic and personal care sector. A glimpse into some of the other prominent growth factors is provided below:
Explore 197 pages of cutting-edge research, extensive insights, and detailed projections. Analyze and discover the latest developments in the Form-fill-seal Machines Market (Machine Type - Horizontal, Vertical; Packaging Type - Cups & Trays, Bags & Pouches, Bottles & Ampoules, Blisters, Others; End-use Industry - Food, Beverages, Pharma, Chemicals, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Historical Analysis 2014 - 2018 and Forecast 2019 – 2027 at https://www.transparencymarketresearch.com/form-fill-seal-equipment-market.html
Regional Analysis of Global Form-fill-seal Equipment Market:
Analyze global form-fill-seal equipment market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study
Competitive Landscape of Global Form-fill-seal Equipment Market:
Proactive and renowned players in the global form-fill-seal equipment market are Tokyo Automatic Machinery Works Ltd, Uflex Ltd, Hunan Chinasun Pharmaceutical Machinery CO. Ltd., Bosch Packaging Technology GmbH, Serac Inc., GEA Group Aktiengesellschaft, SIPA S.p.A, Sidel S.A, Velteko S.R.O., and Arpac LLC. Comprehensively profiled in the report prepared by Transparency Market Research, these players are deploying a range of measures to ensure growth. These strategies, along with information on financials and products, are also detailed out in the report.
It is pertinent to note here that industry 4.0 is gaining steam in the market as wireless connectivity in facilities gains significance. Additionally, players' focus on cost-cutting to tap into middle and small-sized companies and on developing specialized equipment for pharmaceutical products is sharp.
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Bagging Machines Market – Bagging machines are highly compatible to meet the large volumetric requirement, particularly to match the need of the growing food industry. The global bagging machines market was valued at US$ 11.9 Bn in 2016 and is expected to be valued at US$ 18.4 Bn in 2025. The market is expected to grow at a CAGR of 5.0% in terms of market value, during the forecast period 2017-2025. The market volume for global bagging machines is expected to expand 1.5x during the forecast period 2017-2025.
Cold Form Blister Packaging Market – The increasing number of medical facilities and launch of several health programs by the governments across the world has augmented the demand for cold form blister packaging. Cold form blister packaging is extensively used in pharmaceutical industry as it is convenient for delivering and dispensing various products. The growing food and packaging industry is also expected to give the global market tremendous boost During the forecast period of 2017 and 2025, the global cold form blister packaging in expected to surge at a CAGR of 5.1%.
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