MarketsandMarkets projects that the form-fill-seal market size will grow from $15.31 billion in 2016 to $19.47 billion by 2021, at a compound annual growth rate (CAGR) of 4.92% from 2016 to 2021. The increase in demand for form-fill-seal from the manufacturing and food processing sector is driving the growth of this market.
Form Fill Seal Equipment are multi-purpose equipment, which form, fill, and seal the packaging simultaneously. Increased time efficiency due to continuous processes is a major advantage over other packaging techniques. Moreover, the equipment is versatile in creating different shapes and sizes of packaging material.