HOME Top Market Reports Blow-fill-seal Technology Market by Material (Polypropylene & Polyethylene), Product (Bottles, Vials, Ampoules), End-use Industry (Pharmaceutical), and Region (North & South America, Europe, Asia Pacific, Middle East & Africa) - Global Forecast to 2023

Blow-fill-seal Technology Market by Material (Polypropylene & Polyethylene), Product (Bottles, Vials, Ampoules), End-use Industry (Pharmaceutical), and Region (North & South America, Europe, Asia Pacific, Middle East & Africa) - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: September 2018
Report Code: PK 6623

 

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[139 Pages Report] The global blow-fill-seal technology market was valued at USD 278.1 million in 2017, and is projected to reach USD 386.0 million by 2023, at a CAGR of 5.71%. The base year considered for the study is 2017, with the market size projected from 2018 to 2023. The primary objective of the study is to define, segment, and project the blow-fill-seal technology market size on the basis of material, product, end-use industry, and region. The study also aims at strategically analyzing micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market. It also provides detailed information about the main factors influencing the growth of the market (drivers, opportunities, and industry-specific challenges). In addition to this, the study analyzes competitive developments such as acquisitions, agreements, and expansions in the blow-fill-seal technology market.

The research methodology used to estimate and forecast the market size included the top-down approach. The total market size for blow-fill-seal technology was calculated, and accordingly, percentages were allotted to different sectors in each of the segments, which were based on extensive primary interviews and secondary research, such as the Blow-Fill-Seal International Operators Association (BFS IOA), Blow-fill-seal Technology World, Blow-fill-seal Technology Magazine, and the Packaging World. Primary research involved in this report includes extensive interviews with key people, such as CEOs, VPs, directors, and executives. After arriving at the overall market size, the total market was split into several segments and subsegments. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary respondents is depicted in the figure below.

Blow-fill-seal Technology Market

To know about the assumptions considered for the study, download the pdf brochure

The market ecosystem involves various stakeholders in the blow-fill-seal technology market. It starts with manufacturing companies, such as Catalent (US), Recipharm (Sweden), Unither Pharmaceuticals (France), Pharmapack (Japan), Unipharma (US), Curida (Norway), Weiler Engineering (US), The Ritedose Corporation (US), and Unicep Packaging (US). The next level in the chain involves assembly which is monitored by manufacturers, such as Lyondellbasell (US), Gerresheimer (Germany), BioConnection (Netherlands), NuPharm Group (Germany), Salvat (Spain), PrimaPharma (US), Asept Pak (US), Plastikon (US), Birgi Mefar Group (Turkey), and UNOLAB (Spain). This is followed by the marketing and sales of finished products, which is only possible if efficient distribution channels are developed. Finally, the end products are distributed to the consumers.

Target Audience

  • Manufacturers of Blow-fill-seal Technology
  • Importers and Exporters of Blow-fill-seal Technology
  • Traders, Distributors, and Suppliers of Blow-fill-seal Technology
  • End Users (Pharmaceutical & Healthcare, Food & Beverage, Industrial Goods, Automotive, and Cosmetics Industries)

Scope of the report

This research report categorizes the blow-fill-seal technology market based on material, product, end-use industry, and region.

Based on Material, the market has been segmented as follows:

  • Polypropylene
  • Polyethylene
  • High-density Polyethylene
  • Low-density Polyethylene

Based on product, the market has been segmented as follows:

  • Bottles
  • Vials
  • Ampoules
  • Pre-filled Syringes & Injectables

Based on End-use Industry, the market has been segmented as follows:

  • Pharmaceutical
  • Others (Chemical, Personal Care, and Food & Beverage Sectors)

Based on region, the market has been segmented as follows:

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

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the client-specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix which provides a detailed comparison of the market for different recycled product types

Geographic Analysis

  • Further analysis of the blow-fill-seal technology market for additional countries

Company Information

  • Detailed analysis and profiles of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Regional Scope
           1.3.2 Periodization Considered
    1.4 Currency Considered
    1.5 Units Considered
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Market Share Estimation
    2.5 Research Assumptions & Limitations
           2.5.1 Assumptions Made for This Study
           2.5.2 Limitations Made for This Study

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 32)
    4.1 Developing Economies to Register High Growth in Demand for Blow-Fill-Seal Technology
    4.2 Blow-Fill-Seal Technology Market, By Material
    4.3 Blow-Fill-Seal Technology Market, By Product

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Demand From the Pharmaceutical & Healthcare Industries
                    5.2.1.2 Growth of the Parent Industry
                    5.2.1.3 Shift in Consumer Preference Against the Use of Food Preservatives
           5.2.2 Opportunities
                    5.2.2.1 Increasing Demand From the Aseptic Packaging Industry
           5.2.3 Challenges
                    5.2.3.1 Cost-To-Benefit Ratio A Concern to Small Manufacturers

6 Blow-Fill-Seal Technology Market, By Product (Page No. - 37)
    6.1 Introduction
    6.2 Bottles
    6.3 Vials
    6.4 Ampoules
    6.5 Pre-Filled Syringes & Injectables

7 Blow-Fill-Seal Market, By Raw Material (Page No. - 41)
    7.1 Introduction
    7.2 Polypropylene (PP)
    7.3 Polyethylene (PE)
           7.3.1 High-Density Polyethylene
           7.3.2 Low-Density Polyethylene (LDPE)

8 Blow-Fill-Seal Technology Market, By End-Use (Page No. - 45)
    8.1 Introduction
    8.2 Pharmaceuticals:
    8.3 Others

9 Blow-Fill-Seal Technology Market, By Region (Page No. - 49)
    9.1 Introduction
    9.2 North America
           9.2.1 US
           9.2.2 Canada
           9.2.3 Mexico
    9.3 Europe
           9.3.1 Germany
           9.3.2 UK
           9.3.3 France
           9.3.4 Italy
           9.3.5 Russia
           9.3.6 Spain
           9.3.7 Rest of Europe
    9.4 Asia Pacific
           9.4.1 China
           9.4.2 Japan
           9.4.3 Australia
           9.4.4 India
           9.4.5 Rest of Asia Pacific
    9.5 Middle East & Africa
           9.5.1 Turkey
           9.5.2 UAE
           9.5.3 South Africa
           9.5.4 Rest of Middle East & Africa

10 Competitive Landscape (Page No. - 106)
     10.1 Overview
     10.2 Market Ranking of Key Players
             10.2.1 Catalent
             10.2.2 Recipharm AB
             10.2.3 Unither Pharmaceuticals (France)
             10.2.4 Sealed Air Corporation
             10.2.5 Westrock
     10.3 Competetive Scenario
             10.3.1 Aggremnets
             10.3.2 Expansions
             10.3.3 Acquisitions

11 Company Profiles (Page No. - 110)
     11.1 Introduction
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     11.2 Catalent
     11.3 Recipharm
     11.4 Unither Pharmaceuticals
     11.5 Rommelag
     11.6 Pharmapack
     11.7 Unipharma
     11.8 Curida
     11.9 Weiler Engineering
     11.10 The Ritedose Corporation
     11.11 Unicep Packaging
     11.12 Additional Company Profiles
             11.12.1 Lyondellbasell
             11.12.2 Gerresheimer
             11.12.3 Bioconnection
             11.12.4 Nupharma Group
             11.12.5 Salvat
             11.12.6 Primapharma
             11.12.7 Asept Pak
             11.12.8 Plastikon
             11.12.9 Birgi Mefar Group
             11.12.10 Unolab

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 133)
     12.1 Discussion Guide: Bloe-Fill-Seal Technology Market
     12.2 Knowledge Store: Marketsandmarkets Subscription Portal
     12.3 Available Customizations
     12.4 Related Reports
     12.5 Author Details


List of Tables (160 Tables)

Table 1 Blow-Fill-Seal Technology Market Size, By Product, 2016–2023 (USD Million)
Table 2 Blow-Fill-Seal Technology Market Size, By Product, 2016-2023 (Million Units)
Table 3 Blow-Fill-Seal Technology Market Size, By Material, 2016-2023 (USD Million)
Table 4 Blow-Fill-Seal Technology Market Size, By Material, 2016-2023 (Billion Units)
Table 5 PP Properties
Table 6 HDPE Properties
Table 7 LDPE Properties
Table 8 Blow-Fill-Seal Technology Size, By End-Use, 2016–2023 (USD Million)
Table 9 Blow-Fill-Seal Technology Size, By End-Use, 2016–2023 (Million Units)
Table 10 Blow-Fill-Seal Technology By Market Size, By Region, 2016–2023 (USD Million)
Table 11 Blow-Fill-Seal Technology By Market Size, By Region, 2016–2023 (Million Units)
Table 12 North America: Blow-Fill-Seal Technology Market Size, By Country, 2016–2023 (USD Million)
Table 13 North America: Blow-Fill-Seal Technology Market Size, By Country, 2016–2023 (Million Units)
Table 14 North America: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 15 North America: Blow-Fill-Seal Technology Market Size, By Product, 2016–2023 (Million Units)
Table 16 North America: Blow-Fill-Seal Technology Market Size, By Product, 2016–2023 (USD Million)
Table 17 North America: Blow-Fill-Seal Technology Market Size, By Product, 2016–2023 (Million Units)
Table 18 North America: Blow-Fill-Seal Technology Market Size, By End-Use, 2016–2023 (USD Million)
Table 19 North America: Blow-Fill-Seal Technology Market Size, By End-Use, 2016–2023 (Million Units)
Table 20 US: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 21 US: Blow-Fill-Seal Technology Market Size, By Product, 2016–2023 (Million Units)
Table 22 US: By Market Size, By Product, 2016–2023 (USD Million)
Table 23 US: Blow-Fill-Seal Technology Market Size, By Product, 2016–2023 (Million Units)
Table 24 US: Blow-Fill-Seal Technology Market Size, By End-Use, 2016-2023 (USD Million)
Table 25 US: Blow-Fill-Seal Technology Market Size, By End-Use, 2016–2023 (Million Units)
Table 26 Canada: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 27 Canada: By Market Size, By Material, 2016–2023 (Million Units)
Table 28 Canada: By Market Size, By Product, 2016–2023 (USD Million)
Table 29 Canada: By Market Size, By Product, 2016–2023 (Million Units)
Table 30 Canada: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 31 Canada: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 32 Mexico: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 33 Mexico: By Market Size, By Material, 2016–2023 (Million Units)
Table 34 Mexico: By Market Size, By Product, 2016–2023 (USD Million)
Table 35 Mexico: By Market Size, By Product, 2016–2023 (Million Units)
Table 36 Mexico: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 37 Mexico: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 38 Europe: Blow-Fill-Seal Technology Market Size, By Country, 2016–2023 (USD Million)
Table 39 Europe: By Market Size, By Country, 2016–2023 (Million Units)
Table 40 Europe: By Market Size, By Material, 2016–2023 (USD Million)
Table 41 Europe: By Market Size, By Material, 2016–2023 (Million Units)
Table 42 Europe: By Market Size, By Product, 2016–2023 (USD Million)
Table 43 Europe: By Market Size, By Product, 2016–2023 (Million Units)
Table 44 Europe: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 45 Europe: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 46 Germany: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 47 Germany: By Market Size, By Material, 2016–2023 (Million Units)
Table 48 Germany: By Market Size, By Product, 2016–2023 (USD Million)
Table 49 Germany: By Market Size, By Product, 2016–2023 (Million Units)
Table 50 Germany: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 51 Germany: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 52 UK: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 53 UK: By Market Size, By Material, 2016–2023 (Million Units)
Table 54 UK: By Market Size, By Product, 2016–2023 (USD Million)
Table 55 UK: By Market Size, By Product, 2016–2023 (Million Units)
Table 56 UK: By Market, By End-Use, 2016–2023 (USD Million)
Table 57 UK: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 58 France: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 59 France: By Market Size, By Material, 2016–2023 (Million Units)
Table 60 France: By Market Size, By Product, 2016–2023 (USD Million)
Table 61 France: By Market Size, By Product, 2016–2023 (Million Units)
Table 62 France: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 63 France: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 64 Italy: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 65 Italy: By Market Size, By Material, 2016–2023 (Billion Units)
Table 66 Italy: By Market Size, By Product, 2016–2023 (USD Million)
Table 67 Italy: By Market Size, By Product, 2016–2023 (Million Units)
Table 68 Italy: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 69 Italy: By Market Size, By End-Use, 2016–2023 (Billion Units)
Table 70 Russia: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 71 Russia: By Market Size, By Material, 2016–2023 (Million Units)
Table 72 Russia: By Market Size, By Product, 2016–2023 (USD Million)
Table 73 Russia: By Market Size, By Type, 2016–2023 (Billion Units)
Table 74 Russia: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 75 Russia: By Market Size, By End-Use, 2016–2023 (Billion Units)
Table 76 Spain: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 77 Spain: By Market Size, By Material, 2016–2023 (Million Units)
Table 78 Spain: By Market Size, By Product, 2016–2023 (USD Million)
Table 79 Spain: By Market Size, By Type, 2016–2023 (Million Units)
Table 80 Spain: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 81 Spain: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 82 Rest of Europe: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 83 Rest of Europe: By Market Size, By Material, 2016–2023 (Million Units)
Table 84 Rest of Europe: By Market Size, By Product, 2016–2023 (USD Million)
Table 85 Rest of Europe: By Market Size, By Product, 2016–2023 (Million Units)
Table 86 Rest of Europe: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 87 Rest of Europe: By Market Size, By End-Use, 2016–2023 (Billion Units)
Table 88 Asia Pacific: Blow-Fill-Seal Technology Market Size, By Country, 2016–2023 (USD Million)
Table 89 Asia Pacific: By Market Size, By Country, 2016–2023 (Million Units)
Table 90 Asia Pacific: By Market Size, By Material, 2016–2023 (USD Million)
Table 91 Asia Pacific: By Market Size, By Material, 2016–2023 (Million Units)
Table 92 Asia Pacific: By Market Size, By Product, 2016–2023 (USD Million)
Table 93 Asia Pacific: By Market Size, By Product, 2016–2023 (Million Units)
Table 94 Asia Pacific: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 95 Asia Pacific: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 96 China: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 97 China: By Market Size, By Material, 2016–2023 (Million Units)
Table 98 China: By Market Size, By Product, 2016–2023 (USD Million)
Table 99 China: By Market Size, By Product, 2016–2023 (Million Units)
Table 100 China: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 101 China: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 102 Japan: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 103 Japan: By Market Size, By Material, 2016–2023 (Million Units)
Table 104 Japan: By Market Size, By Product, 2016–2023 (USD Million)
Table 105 Japan: By Market Size, By Product, 2016–2023 (Million Units)
Table 106 Japan: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 107 Japan: By Market Size, By End-Use, 2016–2023 (Billion Units)
Table 108 Australia: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 109 Australia: By Market Size, By Material, 2016–2023 (Million Units)
Table 110 Australia: By Market Size, By Product, 2016–2023 (USD Million)
Table 111 Australia: By Market Size, By Product, 2016–2023 (Million Units)
Table 112 Australia: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 113 Australia: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 114 India: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 115 India: By Market Size, By Material, 2016–2023 (Million Units)
Table 116 India: By Market Size, By Product, 2016–2023 (USD Million)
Table 117 India: By Market Size, By Product, 2016–2023 (Million Units)
Table 118 India: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 119 India: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 120 Rest of Asia Pacific: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 121 Rest of Asia Pacific: By Market Size, By Type, 2016–2023 (Million Units)
Table 122 Rest of Asia Pacific: By Market Size, By Product, 2016–2023 (USD Million)
Table 123 Rest of Asia Pacific: By Market Size, By Product, 2016–2023 (Million Units)
Table 124 Rest of Asia-Pacific: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 125 Rest of Asia-Pacific: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 126 Middle East & Africa: Blow-Fill-Seal Technology Market Size, By Country, 2016–2023 (USD Million)
Table 127 Middle East & Africa: By Market Size, By Country, 2016–2023 (Million Units)
Table 128 Middle East & Africa: By Market Size, By Material, 2016–2023 (USD Million)
Table 129 Middle East & Africa: By Market Size, By Material, 2016–2023 (Million Units)
Table 130 Middle East & Africa: By Market Size, By Product, 2016–2023 (USD Million)
Table 131 Middle East & Africa: By Market Size, By Product, 2016–2023 (Million Units)
Table 132 Middle East & Africa: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 133 Middle East & Africa: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 134 Turkey: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 135 Turkey: By Market Size, By Material, 2016–2023 (Million Units)
Table 136 Turkey: By Market Size, By Product, 2016–2023 (USD Million)
Table 137 Turkey: By Market Size, By Product, 2016–2023 (Million Units)
Table 138 Turkey: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 139 Turkey: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 140 UAE: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 141 UAE: By Market Size, By Material, 2016–2023 (Million Units)
Table 142 UAE: By Market Size, By Product, 2016–2023 (USD Million)
Table 143 UAE: By Market Size, By Product, 2016–2023 (Million Units)
Table 144 UAE: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 145 UAE: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 146 South Africa: Blow-Fill-Seal Technology Market Size, By Material, 2016–2023 (USD Million)
Table 147 South Africa: By Technology Market Size, By Material, 2016–2023 (Million Units)
Table 148 South Africa: By Market Size, By Product, 2016–2023 (USD Million)
Table 149 South Africa: By Market Size, By Product, 2016–2023 (Million Units)
Table 150 South Africa: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 151 South Africa: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 152 Rest of Middle East & Africa: By Market Size, By Material, 2016–2023 (USD Million)
Table 153 Rest of Middle East & Africa: By Market Size, By Type, 2016–2023 (Million Units)
Table 154 Rest of Middle East & Africa: By Market Size, By Product, 2016–2023 (USD Million)
Table 155 Rest of Middle East & Africa: By Market Size, By Product, 2016–2023 (Million Units)
Table 156 Rest of Middle East & Africa: By Market Size, By End-Use, 2016–2023 (USD Million)
Table 157 Rest of Middle East & Africa: By Market Size, By End-Use, 2016–2023 (Million Units)
Table 158 Aggrements
Table 159 Expansions
Table 160 Acquisitions


List of Figures (23 Figures)

Figure 1 Market Segmentation
Figure 2 Blow-Fill-Seal Technology Market, By Region
Figure 3 Blow-Fill-Seal (BFS) Technology Market: Research Design
Figure 4 Breakdown of Primaries
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation Methodology
Figure 8 Pharamceutical Industry is Projected to Be the Leader in the Market During the Forecast Period
Figure 9 Market for Vials to Grow at the Highest CAGR During the Forecast Period
Figure 10 Market for Vials to Grow at the Highest CAGR During the Forecast Period
Figure 11 China is Projected to Be the Fastest-Growing Market for Blow-Fill-Seal Technology in Terms of Value (CAGR %)
Figure 12 Rise in Pharmaceutical in Developing Economies Offer Attractive Opportunities in the Blow-Fill-Seal Technology Market
Figure 13 The PP Segment to Dominate the Blow-Fill-Seal Technology Market in 2018
Figure 14 Vials Segment to Grow at the Highest Rate During the Forecast Period
Figure 15 Overview of the Factors Prevailing in the Blow-Fill-Seal Market
Figure 16 Blow-Fill-Seal Equipment Market, By Product, 2018 vs 2023 (USD Million)
Figure 17 Blow-Fill-Seal Technology Market Size, By Material, 2018 and 2023
Figure 18 Blow-Fill-Seal Technology, By End-Use 2023 (USD Million)
Figure 19 Geographical Snapshot (2018–2023): China is Projected to Register the Highest Growth Rate
Figure 20 Companies Adopted Various Growth Strategies From 2015 to 2018
Figure 21 Market Ranking
Figure 22 Catalent: Company Snapshot
Figure 23 Recipharm : Company Snapshot

MarketsandMarkets projects the growth of the blow-fill-seal technology market from USD 292.3 million in 2018 to USD 386.0 million by 2023, at a CAGR of 5.71%. The blow-fill-seal technology market is expected to witness high growth due to factors, such as rise in the middle-class populations, growth in demand from the pharmaceutical and other industries including chemical, food & beverage, and automotive; and preference for hygienic and convenient packaging.

This report has been segmented on the basis of material, product, end-use industry, and region. On the basis of material, the polypropylene segment, which is projected to be the fastest-growing market during the forecast period, is estimated to account for the largest share in 2018. On the basis of product, the vials segment is estimated to account for the largest share in 2018, while the pharmaceutical segment is estimated to be leading application of the blow-fill-seal technology in 2018. Both these segments are projected to grow at the highest CAGRs between 2018 and 2023, in their respective segments.

In terms of value, the flexible blow-fill-seal technology segment is estimated to account for the largest market share in 2018 and is projected to grow at the highest CAGR during the forecast period. Factors such as rising demand for aseptic procedures and packaging to fill parental preparations, easy and convenient packaging, and developments in the pharmaceutical packaging industry are fueling market growth. Moreover, the availability of a wide range of inventive packaging solutions is expected to greatly influence the global demand for the BFS technology in the near future. The BFS technology market is projected to witness significant growth in future due to the benefits provided and usage in the pharmaceutical industry. The global BFS technology market is driven by factors, which include strong growth in demand, especially for aseptic pharmaceutical packaging products.

In terms of value, the polypropylene segment, by material, is estimated to account for the largest market share in 2018, and is projected to grow at the highest CAGR during the forecast period. This growth is attributed to its application in almost all types of packaging variables, as it offers good thermal insulation and prevents contamination of products.

By application, the pharmaceutical segment is projected to grow at the highest CAGR due to the high demand for pharmaceutical products. Growth of the pharmaceutical sector is attributed to the increasing demand for accurate single-dose packages in order to optimize product quality for manufacturers and offer precise dosages for consumers. There is a high demand for accurately dosed bottles, ampoules, and vials in the single-dose packaging market. Compared to other packaging forms, these are lightweight and easily portable, and are hence suitable for on-the-go lifestyles.

Blow-fill-seal Technology Market

In 2018, the Asia Pacific region is estimated to account for the largest share in the total market for blow-fill-seal technology, in terms of value, followed by North America and Europe, owing to manufacturers’ focus on developing low-cost blow-fill-seal technology options. The Asia Pacific region is projected to register the highest growth during the forecast period; owing to the growing demand for aseptic packaging in pharmaceutical industries in this region. Growth of this region is supplemented by the expansion of the consumer industry, coupled with the growing packaging industry in emerging economies, such as India, Japan, and China. The blow-fill-seal technology market in the North American region is developed and mature; the markets in the US and Canada are projected to grow at the highest CAGRs from 2018 to 2023.

High initial capital investments are causing an unfavorable impact on the profitability of the packaging industry. The global blow-fill-seal technology market is dominated by players, such as Catalent (US), Recipharm (Sweden), Unither Pharmaceuticals (France), Pharmapack (Japan), Unipharma (US), Curida (Norway), Weiler Engineering (US), The Ritedose Corporation (US), and Unicep Packaging (US). Other players include Lyondellbasell (US), Gerresheimer (Germany), BioConnection (Netherlands), NuPharm Group (Germany), Salvat (Spain), PrimaPharma (US), Asept Pak (US), Plastikon (US), Birgi Mefar Group (Turkey), and UNOLAB (Spain). These players adopted various strategies, such as acquisitions, expansions, and agreements to cater to the needs of the blow-fill-seal technology market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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