Blow-fill-seal Technology Market

Catalent (US) and Curida (Norway) are the Key Players in the Blow-fill-seal Technology Market

The blow-fill-seal technology market is growing rapidly in accordance with the growth of the packaging market, globally. Factors such as cost-effectiveness and increasing demand from pharmaceutical and healthcare industries have largely contributed to the growth of the blow-fill-seal technology market. The blow-fill-seal technology market is classified on the basis of product, material, end-use industry, and region. It has experienced continuous progress with regard to agreements, acquisitions, and expansions in the packaging industry. According to MarketsandMarkets, the global market for the blow-fill-seal technology, in terms of value, is projected to reach USD 386.0 million by 2023, at a CAGR of 5.71%.

The key players in the blow-fill-seal technology market include 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 to expand their global presence and increase their market shares. Agreements, acquisitions, and expansions are some of the major strategies adopted by the market players to achieve growth in the blow-fill-seal technology market.

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

The acquisitions strategy accounted for the largest share of all strategic developments in the blow-fill-seal technology market. Companies such as Curida (Norway) and Catalent (US) adopted this strategy to expand their geographical reach, strengthen their product & service portfolios, and enhance their growth prospects in the blow-fill-seal technology market.

Catalent (US) held the leading position in the global blow-fill-seal technology market in 2017. The company has maintained its leading position through its strong distribution network across Asia Pacific, Europe, the Americas, and emerging markets. Catalent (US) is among the leading manufacturers of the blow-fill-seal technology for many of the markets it serves. It adopted acquisitions as its key strategy to capture the market. In September 2017, Catalent acquired Cook Pharmica (US) for USD 950 Million. This acquisition helped the company in increasing its market share in blow-fill-seal technology and strengthened its position in the rapidly growing area of biologics development & analytical services, manufacturing, and finished product supply.

Curida (Norway) is a global provider of blow-fill-seal technology solutions. The company innovates and offers blow-fill-seal technology solutions for various applications. It adopted acquisitions as its key strategy to gain a competitive advantage in the market. In January 2018, Curida (Norway) acquired Norwegian pharmaceutical manufacturer Ås produksjonslab. This acquisition strengthened the company’s position as a contract development & manufacturing organization and enhanced its geographical footprint worldwide.

Related 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

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Blow-fill-seal Technology Market Size,  Share & Growth Report
Report Code
PK 6623
RI Published ON
9/25/2018
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status