The global blow-fill-seal technology market is forecast to reach USD 499.3 Million by 2028, according to a new report by Reports and Data. Blow-Fill-Seal (BFS) technology is a procedure that is used to manufacture liquid-filled polymer containers in small volume as well as large volume. The technology was developed in Europe and has relatively high application in the pharmaceutical market.
Blow-Fill-Seal (BFS) technology is used in filling of eye drops, inhalation, infusions, and other parental preparations. The major factors driving the market of Blow-Fill-Seal (BFS) technology are the growth in the pharmaceutical sectors and packaging market. Moreover, innovation in pharmaceutical packaging, convenient packaging, and rising demand for a qualitative technique for filling parental preparation, among others.
The blow-fill-seal (BFS) technology needs a relatively high cost for manufacture, which leads to the increasing price of the final product. This could hinder the market demand. Rising demand for aseptic packaging and regulations of pharmaceutical packaging products are influencing the market demand positively.
The Asia Pacific region held the largest market for blow-fill-seal technology, with a 32.6% share of market revenue in 2018. The rapid development of the food and beverages and pharmaceutical industries are expected to propel the demand in the region. Increase in disposable income and the change in lifestyle are leading to a rise in consumer choice for healthy and safe packaged products.
Key participants include Recipharm, Unipharma, Rommelag, Unicep Packaging, Catalent, The Ritedose Corporation, Lyondellbasell, Weiler Engineering, Nupharma Group, Birgi Mefar Group, and among others.
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Further key findings from the report suggest:
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For the purpose of this report, Reports and Data have segmented into the global Blow-Fill-Seal Technology market on the basis of product, raw material, end-use, and region:
Product Outlook (Volume: Kilo Tons; Revenue: USD Million; 2018-2028)
Raw Material Outlook (Volume: Kilo Tons; Revenue: USD Million; 2018-2028)
End-Use Outlook (Volume: Kilo Tons; Revenue: USD Million; 2018-2028)
Regional Outlook (Volume: Kilo Tons; Revenue: USD Million; 2018-2028)
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Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020 – 2028
Chapter 3. Indicative Metrics
Chapter 4. Blow-Fill-Seal Technology Market Segmentation & Impact Analysis
4.1. Blow-Fill-Seal Technology Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
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