Form-Fill-Seal Films Market to Report Sales worth US$ 40.7 Bn by 2031, as Demand for Sachets and Pouches Grows in Food
Packaging: FMI
As per a study published by FMI, the globalform-fill-seal (FFS) films market is expected to reach US$ 24.6 Bn in 2021. Rising applications of FFS films across healthcare, pharmaceuticals, building & construction, and agriculture industries is estimated to drive growth in the market.
As per the study, sales of FFS films are expected to surge at a CAGR of 5.1% over the forecast period 2021-2031,
totaling US$ 40.7 Bn by 2031.
Form-fill-seal films are among the most cost-effective, flexible, and sustainable packaging solutions. They provide a
large canvas to the manufacturers for enhancing the attractiveness of their products using excellent flexographic
printing technologies.
This is making FFS films ideal for packaging consumer goods and food products, accelerating growth in the market. Driven
by this, sales of FFS are projected to witness year-on-year growth of 4% between 2020 and 2021.
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Demand for form-fill-seal films is rapidly increasing across the food industry owing to their exceptional protection
against oxygen, moisture, and ultraviolet (UV) light.
They retain the aroma, taste, and flavor of food products by eliminating the need for preservatives. Hence, these films
are extensively being used for packaging food products such as bakery, dairy products, meat, seafood, and poultry.
As per FMI, sachets and pouches are anticipated to dominate the application segment, accounting for nearly 51.8% of the
total sales through 2031. Pouches and sachets made using form-fill-seal films keep products fresh for a longer duration.
They also add utility to the packaging by offering eye catching finish and aesthetic look. Thus, these solutions are
highly sought-after for packaging food and pharmaceutical products.
“Rising inclination towards using sustainable and recyclable packaging solutions along with increasing demand for
packaged and ready-to-eat food products with no added preservatives is expected to accelerate the growth of the market
in coming years,”says the FMI analyst.
Key Takeaways from the Form-Fill-Seal (FFS) Films Market StudyThe U.S. is projected to emerge as a leading market in North America, accounting for nearly 90% of the sales by 2031
end.Germany is estimated to account for around 1/5th of the Europe FFS film demand through 2031, owing to the rising sales
of packaged food products.India is forecast to witness substantial growth in the South Asia market, accounting for nearly 41% of the revenue share
by 2031.Japan is expected to create an incremental opportunity of about US$ 500 Mn during the assessment period.Based on layer structure, the multilayer structure is anticipated lead the segment, accounting for over 73.6% of global
sales through 2031.
Key DriversIncreasing demand for easy-to-carry and flexible packaging solutions ideal for e-commerce activities and on-the-go
consumer product packaging is spurring the sales of form-fill-seal films.Growing need for safe, and sterile packaging for medical and pharmaceutical products to provide full-bodied protection
against the external contagious environment is facilitating the growth in the healthcare & pharmaceuticals segment.
Key RestraintsStringent government regulations regarding the production and use of plastics across the U.S., China, India, and others
is expected to hamper the sales of form-fill-seal films.High cost of aluminum foils compared to other substitutes such as polyethylene and polypropylene films is hindering the
sales of form-fill-seal films made of aluminum foil.
Competitive Landscape
The top 5 players operating in the global form-fill-seal films market are Sealed Air Corporation, Mondi Plc, ProAmpac
Intermediate, Inc., Retal Industries Ltd., and Schur Flexibles Holding GesmbH. These companies are expected to hold
around20% to 25% of the revenue share through 2031.
Key manufacturers are emphasizing on introducing recyclable and sustainable packaging solutions to improve sales. Some
of the players are aiming at entering into strategic collaborations, partnership, agreement, mergers and acquisitions to
strength their global footprint.
For instance,In July 2021, ProAmpac, a leading global flexible packaging company, announced acquiring, a U.K. based pioneer in
flexographic printing, Ultimate Packaging. The acquisition will assist the company to strengthen its market position in
food flexible packaging and expand its consumer base in the U.K.In July 2020, Mondi Plc, a British multinational packaging company, announced partnering with an Austrian-based meat
producer, Hütthaler to develop new recyclable mono-material films for poultry, meat, and sausage products.
Some of the key players operating in the market profiled by FMI are:Sealed Air CorporationMondi PlcCosmo Films Ltd.Coveris Holdings S.A.Retal Industries Ltd.ProAmpac Intermediate, Inc.Flair Flexible Packaging CorporationElif Plastik Ambalaj Sanayi Ve Ticaret ASSchur Flexibles Holding GesmbHBischof + Klein SE & Co. KGIndevco Plastics Longview, LLCBP Plastics Holding BhdThrace Polyfilms S.ANordfolien GmbHOerlemans Packaging BV
More Valuable Insights on Form-Fill-Seal (FFS) FilmsMarket
In its latest report, Future Market Insights report on global form-fill-seal (FFS) films market offers incisive
coverage, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021 to 2031. The
study also divulges in essential insights of the market which is segmented on the basis of:
By Material Type:Polyethylene (PE)Polypropylene (PP)Polyethylene Terephthalate (PET)Aluminum FoilOthers
By Layer Structure:Monolayer FilmsMultilayer Films
By Application:Sachets & PouchesBags & SacksOthers
By End-Use:FoodMeat, Poultry & SeafoodDairy ProductsFruits & VegetablesBakery & ConfectioneryOthersHealthcare & PharmaceuticalsAgriculture & Allied ProductsBuilding & ConstructionOthers
By Region:North AmericaLatin AmericaEuropeMiddle East and AfricaEast AsiaSouth AsiaOceania
Key Questions Covered in the ReportThe report offers insight into form-fill-seal (FFS) films market demand outlook for the forecast period 2021-2031The market study also highlights projected sales growth for form-fill-seal (FFS) films market between 2021 and 2031Form-fill-seal (FFS) films market survey identifies key growth drivers, restraints, and other forces impacting
prevailing trends and evaluation of current market size and forecast and technological advancements within the industryForm-fill-seal (FFS) films market share analysis, covering key companies within the industry and coverage of strategies
such as mergers & acquisitions, joint ventures, collaborations or partnerships, and othersAbout Future Market Insights (FMI)
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