The flow pack machine market is estimated at US$ 4.8 Billion in 2022 and is projected to reach US$ 6.8 Billion by 2032, at a CAGR of 3.4% from 2022 to 2032.
Flow pack machines, also known as horizontal form-fill-seal machines, are used to package products in a variety of materials, including plastic films and laminates. These machines are widely used in the food and beverage industry, where they are used to package products such as candy, snack foods, and baked goods. However, they are also used in a variety of other industries, including medical devices, pharmaceuticals, and cosmetics.
The flow pack mechanism is largely used to pack goods in the food and non-food industries, such as the packaging of cotton bandages, cakes, detergents, pharma products, and cosmetics. On the back of this, the demand in the market is predicted to increase by 1.5x, surpassing US$ 6.8 Billion by the end of 2032.
Manufacturing process for these machines can easily be automated and controlled by a touch screen. Flow wrap machines can be used for quick product packing. It has been applied to flexible product packaging in a number of industrial sectors. The flow wrap machine industry is forecasted to expand at 3.4% CAGR over the projected period (2022-2032) due to its wide usage across food & beverage, pharmaceutical, and other sectors.
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Key Takeaways from Flow Pack Machine Market
- The automatic flow pack machine as an automation segment is estimated to remain the leading segment, accounting for 85.1% of the market share by the end of 2022.
- Based on end use, the food & beverages segment is projected to register a CAGR of 4.2%, creating an absolute incremental opportunity of US$ 823.6 Mn during 2022-2032.
- Europe and East Asia are expected to collectively hold around 45.3% of the market value share in the global flow pack machine market.
- In terms of machine type, vertical flow wraps machine segment is expected to witness robust growth over the forecast period.
- The U.S. is expected to lead the growth in North America flow pack machine market on the back of expansion of food & beverage sectors.
“The protective and robust packaging solutions offered to the food & beverages industry are anticipated to augment the sales of flow pack machines. Also, flow pack machines providing cost-effective and better finish product packaging solutions are anticipated to create growth opportunities for the key players over the upcoming decade.” says an FMI analyst.
Flow Pack Machine Market Landscape
- ULMA Packaging,
- Sacmi,
- RECORD SPA packaging machinery,
- Guvenpack,
- Technopack Corporation,
- Omori Europe,
- Cavanna Packaging Group
are the key players operating in the Flow Pack Machine Market. Furthermore, P.F.M. S.P.A, IMA-Ilapak, and JOIEPACK industrial co., Ltd. are also noticeable players in the Flow Pack Machine market. The Tier 1 players in the market hold 10-15% of the global Flow Pack Machine market.
Flow Pack Machine Market: Current Trends
- Increasing Demand for Packaged Food and Beverages- One of the key drivers of growth in the Flow Pack Machine Market is the increasing demand for packaged food and beverages. The rise in disposable income and changing consumer preferences has led to an increase in the demand for packaged food and beverages. Flow pack machines are widely used in the food and beverage industry to package products such as candy, snack foods, and baked goods. As the demand for these products continues to grow, so too will the demand for flow pack machines.
- Growth of the E-commerce Industry- Another factor driving the growth of the Flow Pack Machine Market is the growth of the e-commerce industry. E-commerce has revolutionized the way that consumers shop for products, and this has led to an increase in the demand for flow pack machines. Flow pack machines are used to package products for shipping and are an essential component of the e-commerce supply chain.
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Flow Pack Machine Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global Flow Pack Machine market, analysing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the flow pack machine market based on the automation (Manual, Semi-automatic, Automatic), machine type (Horizontal Flow Wrap Machine, Vertical Flow Wraps Machine), and end use(Food & Beverages, Personal Care & Cosmetics, Electrical & Electronics, Pharmaceuticals) across seven regions.
Flow Pack Machine Market: Future Growth Prospects
Technological Advancements in Flow Pack Machines- One of the key drivers of future growth in the Flow Pack Machine Market is the continued technological advancements in flow pack machines. Manufacturers are investing in research and development to improve the efficiency and productivity of flow pack machines. This includes the development of new materials, such as biodegradable films, and the integration of advanced sensors and control systems.
Expansion of the Flow Pack Machine Market in Emerging Economies- Another factor driving future growth in the Flow Pack Machine Market is the expansion of the market in emerging economies. Countries such as China, India, and Brazil are experiencing rapid economic growth, which is leading to an increase in disposable income and changing consumer preferences. This is driving the demand for packaged food and beverages, which in turn is driving the demand for flow pack machines.
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