Global form fill and seal (FFS) equipment market 2015 to 2020

22 February 2016

According to a new report by MarketsandMarkets (M&M), the global form fill and seal (FFS) equipment market is projected to grow from USD 16.99 Billion in 2015 to USD 21.55 Billion by 2020, at a CAGR of 4.87% from 2015 to 2020. The market is driven by factors such as strong growth in the food, beverage, consumer and chemical sectors.
The bags segment is projected to be the fastest-growing market at the highest CAGR in the next five years. With the increase in demand for light weight, and economical packaging solutions, the demand of bags has increased. Vertical form-fill-seal equipment is projected to be the largest market segment during the forecast period (Press Release M&M, 10 February 2016).
Click here for the press release.
Click here for more information about the report.

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