Albany, NY — Growing demand for bag and pouch packaging are anticipated to move the worldwide market for form-fill-seal equipment, which is expected to grow 5.7 percent, compounded annually, through 2025, according to Transparent Market Research (TMR).
The market research firm reports that most equipment suppliers are developing machines to increase automation and decrease the need for operators on packaging lines. The major competition in the market is developing automation processes for changeovers and efficient sealing.
Equipment versatility will also be a market mover for the sector, according to TMR.