Global form-fill-seal equipment market 2016-2021

29 March 2017

According to a report by MarketsandMarkets (M&M), the global form-fill-seal equipment market size is projected to grow from USD 15.31 Billion in 2016 to USD 19.47 Billion by 2021, at a CAGR of 4.92% from 2016 to 2021. The market is driven by factors such as the strong growth of the food & beverage, personal care, and chemical industries. The growing flexible packaging industry and increasing demand for consumer products present a great opportunity for this market to grow in the future.
The market is classified into two segments horizontal and vertical form-fill-seal equipment. The vertical segment accounted for the largest market share in 2015 (Press Release M&M, 1 March 2017).
Click here for the press release.
Click here for more information about the report.

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