Constantly growing pharmaceuticals company and rising need for a technique to prevent potential extraneous contamination is a key factor driving market revenue growth.
Market Size - USD 331.2 Million in 2020, Market Growth - CAGR of 5.20%, Market Trends - Increasing investments for constant advancements in Blow-Fill-Seal (BFS) technology
The global blow-fill-seal technology market size is expected to reach USD 499.3 Million in 2028, and register a CAGR of 5.20% during the forecast period. Growing awareness regarding prominent advantage offered by blow-fill-seal technique such as sterile and hygienic solution for dispersing products and sealing containers without or minimal human intervention in the fill/finish process among manufacturers in food and beverage, and pharmaceutical industries is a major factor driving market growth. Blow-fill-seal technique has been approved by FDA as an ideal automated process for forming, filling, and sealing containers in a continuous process with contamination.
Constant developments in BFS technology is enabling contamination-free packaging of wide-range of containers such as vials with inserted caps, twist-off vials, reclose-able vials, multi-dose bottles, single dose or unit dose pre-filled syringes, as well as electrolyte and sports-drink bottles.
Manufacturing of products using BFS technology requires relatively higher capital investments, which leads to high cost of the final product. This factor could hamper demand for BFS technology and hamper market growth to some extent.
Some Key Findings From the Report:
For the purpose of this report, the global blow-fill-seal technology market is segmented on the basis of product, raw material, end-use, and region:
Product Outlook
Raw Material Outlook
End-Use Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 331.2 Million in 2020, Market Growth - CAGR of 5.20%, Market Trends - Increasing investments for constant advancements in Blow-Fill-Seal (BFS) technology
The global blow-fill-seal technology market size is expected to reach USD 499.3 Million in 2028, and register a CAGR of 5.20% during the forecast period. Growing awareness regarding prominent advantage offered by blow-fill-seal technique such as sterile and hygienic solution for dispersing products and sealing containers without or minimal human intervention in the fill/finish process among manufacturers in food and beverage, and pharmaceutical industries is a major factor driving market growth. Blow-fill-seal technique has been approved by FDA as an ideal automated process for forming, filling, and sealing containers in a continuous process with contamination.
Constant developments in BFS technology is enabling contamination-free packaging of wide-range of containers such as vials with inserted caps, twist-off vials, reclose-able vials, multi-dose bottles, single dose or unit dose pre-filled syringes, as well as electrolyte and sports-drink bottles.
Manufacturing of products using BFS technology requires relatively higher capital investments, which leads to high cost of the final product. This factor could hamper demand for BFS technology and hamper market growth to some extent.
Some Key Findings From the Report:
- Among the product type segments, the bottles segment accounted for significantly high revenue share in the global market in 2020, as bottles are light-in-weight as compared to other options and are easily portable.
- Among the raw material segments, the Polyvinylchloride (PVC) segment accounted for significant revenue share in 2020. The Polyethylene (PE) segment is projected to register the highest CAGR during the forecast period.
- Among the end-use segments, the pharmaceutical segment accounted for major revenue share in the global market in 2020, and is expected to register considerably high CAGR during the forecast period. Rapidly growing pharmaceutical industry and rising demand for accurate single-dose packages, ampoules, and vials, to optimize product quality are factors expected to drive revenue growth if this segment.
- The food and beverages segment is expected to register considerably high revenue growth rate during the forecast period, due to growing demand for packed food and beverages, rising need for blow-fill-seal technique to disperse products in order to lower human intervention and food contamination.
- North America market accounted for the substantially high revenue share in 2020, due to presence of large number of major pharmaceutical companies, coupled with need for hygienic packaging to avoid contamination of drugs.
- Europe market accounted for significantly high revenue share in 2020, as the BFS technology was developed in Europe and it has relatively high demand in the pharmaceutical industry in the region.
- The Asia Pacific market is expected to register highest CAGR during the forecast period in the global blow-fill-seal technology market, due to rapidly growing various end-use industries such as food and beverages, and pharmaceuticals.
- Key players profiled in the report include Recipharm, Unipharma, Rommelag, Unicep Packaging, Catalent, The Ritedose Corporation, Lyondellbasell, Weiler Engineering, Nupharma Group, and Birgi Mefar Group. The companies have adopted various strategies, including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.
For the purpose of this report, the global blow-fill-seal technology market is segmented on the basis of product, raw material, end-use, and region:
Product Outlook
- Bottles
- Vials
- Ampoules
- Pre-Filled Syringes & Injectable
Raw Material Outlook
- Polypropylene (PP)
- Polyethylene (PE)
End-Use Outlook
- Pharmaceuticals
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Blow-Fill-Seal Technology Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of all the major players in the Blow-Fill-Seal Technology Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Blow-Fill-Seal Technology Market Segmentation & Impact Analysis
Chapter 5. Blow-Fill-Seal Technology By Product Insights & Trends
Chapter 6. Blow-Fill-Seal Technology By Raw Material Insights & Trends
Chapter 7. Blow-Fill-Seal Technology By End Use Insights & Trends
Chapter 8. Blow-Fill-Seal Technology Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Recipharm
- Unipharma
- Rommelag
- Unicep Packaging
- Catalent
- The Ritedose Corporation
- Lyondellbasell
- Weiler Engineering
- Nupharma Group
- Birgi Mefar Group.
![Global BFS (Blow-Fill-Seal) Product Market by Type (High-Density Polyethylene, Ethylene Vinyl Alcohol [EVOH], Polypropylene [PP], and Low-Density Polyethylene [LDPE]), Product, Application, and Region - Forecast to 2030 - Product Image](http://www.researchandmarkets.com/product_images/12439/12439522_60px_jpg/global_bfs_blowfillseal_product_market.jpg)
