Blow Fill Seal Technology Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Raw Material (LDPE, PP & Others), By Product Type (Bottles, Ampoules, Vials, Prefilled Syringes & Injectable), By End-Use (Pharmaceuticals, Food & Beverages & Others), By Region and Competition 2018-2028

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format

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Blow Fill Seal Technology Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Raw Material (LDPE, PP & Others), By Product Type (Bottles, Ampoules, Vials, Prefilled Syringes & Injectable), By End-Use (Pharmaceuticals, Food & Beverages & Others), By Region and Competition 2018-2028

. Germany was the leading pharmaceutical market in Europe with a total revenue of over USD 45 billion in 2020

Blow-fill-seal (BFS) technologies use a polymer material to form the container. BFS is commonly used for single-dose pharmaceutical packaging; however, it has yet to be used for vaccine packaging. Blow molding paired with an aseptic filling method allows the container's construction, filling, and sealing to be integrated into a single production line.

Furthermore, the rising demand for qualitative procedures for filling out parental preparation forms raises market value. Growing demand from the food and beverage industries, as well as the growth and expansion of the pharmaceutical industry, particularly in developing economies, will drive additional market value growth. Other market growth variables include the increasing prevalence of e-commerce, particularly in developing nations, and the growing desire for innovative packaging solutions. In addition, rising modernization, increased emphasis on product customization by critical manufacturers, rising consumption of single-unit dose drug goods, and increasing personal disposable income are other drivers that will boost the market growth.

In addition, in 2020, the pharmaceutical industry invested more than USD 39,600 million in R&D in Europe.

According to an IMS Health survey, inappropriate medication use by patients costs the US healthcare system more than 210 billion dollars per year.


Global Blow Fill Seal Technology Market is segmented based on

Market players

Attribute

Details

Base Year

2022

Historic Data

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in metric tons, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, Volume Forecast, company share, competitive landscape, growth factors, and trends

Segments covered

           By Raw Material

           By Product Type

           By End-Use

Regional scope

Europe, North America, Asia Pacific, Middle East & Africa, South America

Country scope

Germany; France; United Kingdom; Russia; Sweden; Denmark; Switzerland; United States; Canada; Mexico; China; India; Japan; Australia; South Korea; South Africa; UAE, Saudi Arabia; Brazil, Argentina, Colombia.

Key companies profiled

Amanta Healthcare Ltd, Unither Pharmaceuticals, Pharmapack Co. Ltd, Catalent, Inc., Curida AS, Unipharma LLC, Weiler Engineering, Inc., GlaxoSmithKline plc., Takeda Pharmaceuticals International AG, Nephron Pharmaceuticals Corporation, Horizon Pharmaceuticals, Inc., Brevetti Angela S.R.L., and Recipharm AB.

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